Even
The Even app is designed to help users manage their finances by offering early payments, automatic savings, and a budgeting tool. It allows users to request up to 50% of their next paycheck early and receive the funds instantly, with no hidden fees or interest. The app also allows users to set aside a percentage of each paycheck for savings and provides a daily snapshot of their spending to help them stay on track. Additionally, the app offers a projection feature to help users see their future earnings.
1. The Even app is designed to help users manage their finances by partnering with employers to provide early pay, automatic savings, and a budgeting tool.
2. Users can request up to 50% of their next paycheck early and receive the funds in seconds, without any hidden fees or interest.
3. The app also allows users to automatically save a percentage of each paycheck and earn interest at 2x the national rate.
4. The budgeting tool provides a daily snapshot of what users can afford to spend based on their monthly expenses.
5. The app also allows users to project their future earnings.
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The Even app partners with leading employers to provide a game-changing new benefit: the tools you need to manage your money.
With Even, you can:
— Get paid early.
Request up to 50% of your next paycheck early, and you can receive funds in seconds. Say goodbye to “gotcha” fees and hidden interest. Say hello to Instapay.
— Start saving automatically.
Choose a percentage of each paycheck you want to save, and we’ll put it into your savings. Adjust or transfer funds at any time. Earn interest at 2x the national rate.*
— Manage your budget easily.
Even detects your monthly expenses and gives you a daily, personalized snapshot of what’s ok to spend.
— Project your earnings.**
Even tracks your work schedule, and makes automatic updates after each shift. You’ll see how much money you made per shift and per paycheck.
The Even app is only available to employees of companies that have partnered with Even and offer this product as an employee benefit.
*Members now receive 0.125% annual percentage yield on all funds stored with Even. It comes at no additional cost and is currently twice the national savings rate. Rates are subject to change.
**Available for members whose employer has configured this benefit within the app.