Gusto Wallet
Gusto Wallet is a feature within the Gusto platform that allows employees to manage their pay and finances. It allows for early pay, automatic savings, and the ability to set custom financial goals. There are no minimum balances, account fees, or overdraft fees. The app also includes a debit card, the ability to split paychecks, and easy access to paystubs and tax documents. The goal of Gusto Wallet is to help employees take control of their financial future.
1. Gusto Wallet is a feature within the Gusto platform that allows employees to earn, save, spend, and borrow money within their Gusto account.
2. Users can receive pay up to two days early by using a Gusto spending account.
3. Auto savings allows users to save towards custom goals without the need for minimum balances or account fees.
4. There are no overdraft fees with Gusto Wallet.
5. Users can access their paychecks, tax documents, and other information easily through the platform.
Gusto Wallet, employees, paid, money, earn, save, spend, borrow, Gusto account, early
Now employees paid through Gusto can put their money to work with Gusto Wallet.
Gusto Wallet helps you earn, save, spend, and borrow right within your Gusto account. It’s the easiest way to take control of your financial future.
– Get paid up to two days early with a Gusto spending account [1]
– Save towards custom goals with auto savings
– No minimum balances, account fees, or overdraft fees [2]
– Get a Gusto debit card for simple spending
– Route your cash with the paycheck splitter
– Easily view paychecks and tax documents
– Clock in and out, review time sheets, and more instantly
We want to make sure you have all the details you need. Here’s some legal info about numbers, who we’re working with, and more:
[1] With a Gusto spending account, your payment may be processed up to 2 days early. Timing depends on when your employer sends payment funds.
[2] Some fees, such as out-of-network ATM and foreign transactions fees, may apply. Check the terms and conditions carefully.
Gusto is a payroll services company, not a bank. Gusto savings goals, spending account, and debit card are issued by nbkc bank, Member FDIC.
FDIC insurance is provided by nbkc bank, Member FDIC. Any balances you hold with nbkc bank, including but not limited to those balances held in Gusto accounts are added together and are insured up to $250,000 per depositor through nbkc bank, Member FDIC. If you have funds jointly owned, these funds would be separately insured for up to $250,000 for each joint account owner. nbkc bank utilizes a deposit network service, which means that at any given time, all, none, or a portion of the funds in your Gusto accounts may be placed into and held beneficially in your name at other depository institutions which are insured by the Federal Deposit Insurance Corporation (FDIC). For a complete list of other depository institutions where funds may be placed, please visit https://www.cambr.com/bank-list. Balances moved to network banks are eligible for FDIC insurance once the funds arrive at a network bank. To learn more about pass-through deposit insurance applicable to your account, please see the Account Documentation. Additional information on FDIC insurance can be found at https://www.fdic.gov/resources/deposit-insurance/.