How to set up Chase direct deposit in 4 easy steps?

Adam Rozsa
25.08.21
3 minute read

Considering to set up direct deposit with your Chase account? You’re in the right place.

If you’re still picking the Chase account that suits your needs, take a look at this Chase Bank review. And if you’ve already got your account open, use this guide to Chase banking direct deposit to get your salary or other payments conveniently deposited into your account every pay cycle.

We’ll also introduce Wise as a great solution if you need to send payments overseas or remit money to family abroad. Once you’ve got your Chase direct deposit payment, use Wise to send funds internationally for up to 7x less.

Open a free Wise account in minutes

📝 Table of contents

What is direct deposit?

Direct deposit payments are deposited right into your bank account by your employer or another depositor.

You can often set up direct deposit payments for regular transfers by completing a direct deposit from and handing it to your payroll department. With direct deposit, your money could be ready on the same business day it’s released - as there’s no need to wait for a check to clear, it’s usually one of the fastest ways to get paid.

What do you need to set up Direct Deposit?

To set up direct deposit to your Chase Total Checking account, or another eligible Chase account, you’ll need to complete the Chase direct deposit forms².

Hand or send your Chase direct deposit slip, with a voided check to your payroll department for processing. The deposit forms need the following information:

  • Your name
  • Your full address
  • The correct Chase routing number
  • Your employer’s name and address
  • Your employee ID number or account number
  • Your signature

chase direct deposit

How to set up Chase direct deposit in 4 easy steps?

You can set up Chase direct deposit in just a few steps¹:

  1. Complete the Chase direct deposit form - there’s even a prefilled document available in Chase’s phone app to make this easier.
  2. Hand the form and a voided check to your employer’s payroll department.
  3. If you’re eligible, the direct deposit will be set up and your money will be deposited into your Chase account.
  4. Review and track payments in the Chase online banking system.

What time does Chase direct deposit go through?

Once you’ve handed your paperwork to your employer, it could take up to 2 pay cycles for direct deposit to take effect. Direct deposits are usually received quickly after the payment is released by your employer - you’re also able to set up direct deposit alerts online and in the Chase banking app, to know when your paycheck arrives to your account.

When will my funds be available?

Chase does not publish fixed direct deposit delivery times online. However, current users reviewing the service online suggest payments are often available on the day they are released by your employer. Check with your payroll department to learn more.

chase direct deposit

Chase direct deposit: Should you set one up?

If you have a Chase account already, setting up direct deposit to get your salary or government benefits can be very convenient. In fact, some employers require you to have direct deposit set up for payroll, as it’s cheaper and easier to process. Here are a few pros to consider, if you’re still unsure about using direct deposit:

  • Direct deposits are free to arrange
  • You’ll get your money more quickly compared to receiving a check
  • No need to visit a bank to deposit your check
  • You can’t lose or have your direct deposit stolen like you may a check
  • No need to physically be in the office to get paid - your money simply arrives

Frequently asked questions

Why haven't I got my Chase direct deposit?

Once your Chase direct deposit is up and running, you should receive it every payday without interruption. If your direct deposit is delayed, it might be because of a processing error, or because the bank received the payroll request later than usual. Contact your employer and your payroll department to check up.

Does Chase do direct deposit early?

At the time of writing, Chase does not offer an early direct deposit service.

Save on international transfers with Wise

Using direct deposit can be a quick and easy way to get your pay and government benefits as soon as possible. If you need to send money overseas once you’ve got your paycheck, you can get the same fast and convenient service using Wise.

Wise international payments use the mid-market exchange rate with no markups and no hidden fees. Arrange your transfer online and have the money paid direct to your recipient’s bank account, no matter where in the world they are. You’ll be able to see immediately how long your payment will take to arrive, with transfers often arriving much faster than your regular bank can manage.

Join Wise for free

If you’re not using direct deposit yet, you could be missing out. Don’t wait for pay checks to clear when you can get your money deposited conveniently into your account with no hassle.


Sources:

1]Chase direct deposit
2]Chase direct deposit form
3]Chase direct deposit tips
4]Chase personal checking accounts

All sources checked on 25 August 2021


This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

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