What is the difference between Quorum's Early Direct Deposit feature and QFlex Checking 5-Day Early Access?
The 5-day Early Access to Direct Deposit is a Quorum feature that allows you to access direct deposit from your employer or any qualified source five days earlier than your scheduled direct deposit date. This feature is only available for Quorum members with a QFlex Checking Account.
|
Early Access Timing |
Early Direct Deposit Quorum will make your direct deposit available 2-5 days early, depending on when we receive the payroll/funding information from your employer or funding source. |
5- Day Early Direct Deposit Quorum will make your direct deposit funds available 5 days early, regardless of when we receive the payroll/funding information from your employer or funding source, as long as account requirements are met. |
| Availability |
Applies to all checking and savings accounts, if you have qualifying direct deposits set up, except in QFlex Accounts when the 5-Day Early Access feature is activated. |
Available only for QFlex. This benefit will override the Early Direct Deposit feature once activated. |
| Requirements |
Automatically kicks in for eligible direct deposits. |
Kicks in once the QFlex Checking account requirements are met. Click here to learn more. |