Get Paid Earlier users can receive their paychecks up to two days earlier.** Early direct deposits can make a significant impact on your financial planning, especially if you’re looking to manage expenses more effectively each month. Even if you have a regularly scheduled payday, getting access to your money a bit earlier can be a real advantage.
During my brief stint as a waitress, we’d get paid every two weeks, give or take. The key phrase is give or take. Since I didn’t have a regularly scheduled payday, I’d be left wondering when I was going to get paid some weeks. Whether that’s the case for you (my condolences) or you just want early access, Early Pay is a great option to ensure you access your earnings in a more timely manner.
In this article, we’ll cover how the Bold Debit Card can offer you unique perks, like early direct deposit payments, rewards, cashback, student loan payments, and more.*
The Bold Debit Card is legit and offers a safe and secure way for students to manage their money. Apply for a Bold Debit Card today and get your paycheck up to two days early!**
Apply for the Bold Debit Card today!
Read More: Receive Scholarships on the Bold Debit Card
How to Set Up Bold Get Paid Earlier
- Open a Bold Account with a Bold Debit CardFirst, make sure you have a Bold.org student account. If you don’t have one yet, you can create a free account here. This student account allows you to access scholarship opportunities and apply for the Bold Debit Card.If you already have a Bold.org student account, you can proceed to apply for the Bold Debit Card.If you don’t have a Bold.org student account, you’ll need to create one. During this process, you’ll provide basic information about your academic journey, including your GPA and intended field of study. This helps us match you with relevant scholarships and build a profile to unlock exclusive opportunities.Once your student account is created, you can then navigate to the Bold Debit Card application. This application involves answering a series of questions that lead to earning Bold Points* along the way. You’ll then be able to order the debit card, which will open your Bold Account—a demand deposit account with a Bold Debit Card.Get Started with the Bold Debit CardEarn rewards that help pay for school.* Apply for the Bold Debit Card today!Join Bold.org
- Choose a Direct Deposit OptionNow that your Bold Account is open, you can set up Early Pay by choosing a direct deposit option.Online:This option allows Bold.org to link your accounts with no extra action needed from you.
- Navigate to the Early Pay setup page on Bold.org
- Click ‘Set up Early Pay’
- Choose ‘Find Your Employer’ (this is the recommended option)
- A popup will appear asking if you want to update your direct deposit to Bold.org; select ‘Continue’
- Choose how much of your paycheck you’d like to receive up to two days early
- Scroll through options or use the search bar to find your employer; select your employer
- Sign in to your account with your employer and allow Bold.org to verify your credentials
- Log into the app
- On your home screen, select ‘Set up Early Pay’
- Choose ‘Find Your Employer’ (this is the recommended option)
- Choose how much of your paycheck you’d like to receive up to two days early
- Scroll through options or use the search bar to find your employer; select your employer
- Sign in to your account with your employer and allow Bold.org to verify your credentials
- Navigate to the Early Pay setup page on Bold.org
- Click ‘Set Up Early Pay’
- Choose ‘Proceed Manually’
- Select your payroll provider
- Bold.org will provide you with account and routing numbers
- Send the account information to your HR department to link your payroll to the Bold Debit Card
- You’ll have to speak with your employer or payroll provider to make sure the process is completed. You can also access this information on the mobile app.
- Get Your Paycheck EarlierOnce you’ve set up direct deposit, you’re ready to go. You can enjoy the convenience of accessing your paycheck earlier.
How Bold.org Gets You Paid Up to Two Days Early**
Receiving your paycheck earlier can be very helpful, but how does Bold’s Early Pay work? Bold.org makes your paycheck funds available immediately once we receive them from your employer or payroll provider. We typically make your paycheck funds available on the same day we receive them from your employer, which could be up to two days earlier than your scheduled payment date.
Payments are typically processed on business days (Monday through Friday). If you were expecting an early paycheck and haven’t received it yet, it could be delayed due to a bank holiday. If there is no holiday, please contact your employer to confirm if your paycheck has been processed.
Do you want to get paid early, but your current bank account doesn’t have this option? Apply for a Bold Debit Card today and potentially pay bills sooner.
Early Pay Gives You Free Bold Points
Besides depositing money in your account up to two days earlier, opting for Early Pay also earns you 300 Bold Points!¶ But why is that a good thing?
When you set up Early Pay, you immediately get 300 Bold Points. As you continue to use the Bold Debit Card, you’ll continue to earn Bold Points. When you use the Bold Debit Card, you earn 1 Bold Point for every $2 spent on eligible purchases across categories. There’s no cap on how many Bold Points you can earn.
You can use Bold Points for two things:
- Cashback
- Student Loan Payments
1,000 Bold Points converts to either $10 cashback or $15 towards your student loan payments. The Bold Points calculator allows you to see how much you can get as cashback or loan payments depending on your current Bold Points balance. Check it out!
If you use the Bold Debit Card to buy $120 worth of groceries for the week, you’ll earn 60 Bold Points. Think about how much money you spend from your checking accounts each month. With the Bold Debit Card, you can turn those everyday purchases into opportunities for rewards, like cashback or student loan payments.
Earning Bold Points for Cashback*
You earn 1 Bold Point for every $2 you spend, so if you have 7,000 Bold Points, you can get $70 in cashback. With the Bold Debit Card, you can make your everyday spending work for you by accumulating Bold Points that convert to real money! Make the most of your earnings by getting them ahead of schedule!
Earning Bold Points for Student Loan Payments*
If you have 7,000 Bold Points, you can redeem them for $105 toward your student loan payments. By getting your funds earlier, you can start earning rewards on your expenses sooner and use them to help reduce your student debt more quickly. Let Early Pay and Bold Points work together to help you reduce your student loans! With student loans, every day matters as interest accrues daily.
Related: How Does Student Loan Interest Work?
No Hidden Fees¶
A Bold Account with a Bold Debit Card has no late fees, hidden fees, overdraft fees, or foreign transaction fees, and you won’t be charged a monthly service fee either. Plus, there are no extra fees to get early paycheck access. In addition, when you set up direct deposit, you don’t need to meet minimum balance requirements like many other accounts. Learn more about fees.
Bold.org is trusted by thousands of students as a reliable resource on scholarships, finance, and student living. Learn more about the Bold Debit Card today!
Conclusion:
The Bold Debit Card offers a unique and valuable solution for students looking to manage their finances more effectively. With features like early direct deposit, rewards, cashback, and student loan payments, it provides a comprehensive toolkit for financial success. By getting paid up to two days earlier, students can better manage their expenses and even start chipping away at their student loans faster. The absence of hidden fees and the ease of setting up direct deposits make the Bold Debit Card a standout option for anyone seeking financial flexibility and control. Don’t wait—apply for the Bold Debit Card today and take charge of your financial future!
Read More: Get Paid Earlier
FAQs:
What is the Bold Debit Card?
The Bold Debit Card is a demand deposit account provided by Bold.org, offering features like early direct deposit, rewards, cashback, and student loan payments.
How can I get the Bold Debit Card?
You can sign up for a Bold.org account and check if you qualify for the Bold Debit Card by filling out a few forms with basic personal information.
What is Early Pay?
Early Pay is a feature that allows you to receive your paycheck up to two days earlier than the scheduled payment date.
How does Early Pay work?
Bold.org makes your paycheck funds available immediately once they receive them from your employer or payroll provider.
Are there any fees associated with the Bold Debit Card?
There are no late fees, hidden fees, overdraft fees, or foreign transaction fees. You also won’t be charged a monthly service fee.
What are Bold Points?
Bold Points are rewards earned through the Bold Debit Card, which can be redeemed for cashback or student loan payments.
How do I earn Bold Points?
You earn 1 Bold Point for every $2 spent on eligible purchases. There’s no cap on how many Bold Points you can earn.
What can I use Bold Points for?
Bold Points can be used for cashback or student loan payments. 1,000 Bold Points converts to either $10 cashback or $15 towards your student loan payments.
How do I set up direct deposit with the Bold Debit Card?
You can set up direct deposit online, through the Bold Mobile App, or by sharing your account details with your employer.
Is the Bold Debit Card secure?
Yes, the Bold Debit Card is issued by Pathward, N.A., Member FDIC, and is a secure way to manage your money.
Can I use the Bold Debit Card internationally?
The Bold Debit Card can be used everywhere Visa debit cards are accepted, including internationally.
What happens if my paycheck is delayed?
If your paycheck is delayed, it could be due to a bank holiday or processing issues. Contact your employer to confirm if your paycheck has been processed.
How do I contact Bold.org for support?
You can get in touch with Bold.org at contact@bold.org with any questions or support needs.
Is there a minimum balance requirement for the Bold Debit Card?
No, there are no minimum balance requirements when you set up direct deposit with the Bold Debit Card.
Can I use the Bold Debit Card before it arrives?
Yes, you can start making purchases using your virtual Bold Debit Card by adding it to your mobile wallet while waiting for the physical card to arrive.
What is the Bold Points calculator?
The Bold Points calculator allows you to see how much you can get as cashback or loan payments depending on your current Bold Points balance.
How do I qualify for the Bold Debit Card?
Any student can sign up for a Bold.org account and check if they qualify for the Bold Debit Card by filling out a few forms with basic personal information.
What are eligible direct deposits?
Eligible direct deposits are electronic deposits made to your account by your employer, a government agency, or other organizations that provide regular payments.
Can I use the Bold Debit Card for everyday purchases?
Yes, you can use the Bold Debit Card for everyday purchases and earn Bold Points for each eligible purchase.
How do I redeem my Bold Points?
You can redeem your Bold Points for cashback or student loan payments through the Bold.org platform.