When setting up Direct Deposit, what credentials should I use when connecting with my payroll provider?

When setting up Direct Deposit, what credentials should I use when connecting with my payroll provider?

You should use the email address or username and password for your payroll provider, not your Happen Bank account credentials.

Additional Money In FAQ

Calculate your LevelUp Savings

Starting balance

$25,000

Contribution Amount

How long do you plan on saving?

Years

Months

Annual Percentage Yield

Contribution frequency

Weekly

Bi weekly

Monthly

You could have

$47,100

in your deposit account in

5 years, based on your inputs.

Savings breakdown updated. Bar chart showing Initial deposit 25000 and Total contribution 15000 and Dividends earned 7100

Savings breakdown

$60K$60K$40K$40K$20K$20K$0$0

Initial deposit

Total contribution

Dividends earned

Initial deposit data points: Point 1: 25000. Total contribution data points: Point 1: 15000. Dividends earned data points: Point 1: 7100.

Disclosure

Calculators are provided for illustrative purposes only. The results of the savings calculator are determined based on your input values. The results vary based on any changes to the input values. The savings calculator results are, in part, determined by the Annual Percentage Yield (APY) input. The APY is consistent with the current rate offered by Happen Bank. Rates are variable and subject to change at any time. Fees may reduce earnings on account. With the minimum deposit you will earn the LevelUp rate, otherwise you will earn the standard rate. For more details about LevelUp Savings see Product Terms and Conditions.

Related FAQ's

How do I manually verify an external account?

If you received two micro-deposits, you’ll need to verify them. To verify the micro-deposits, check your external account and note the two deposit amounts.

How do I link an external account?

This page explains how to link an external account.

What happens after I link accounts?

Depending on the linking option you choose, we might need to send 2 micro-deposits to the new external account to verify ownership. These micro-deposits typically take 3-5 business days to deposit in your bank account.

What is the incoming international wire process?

For us to receive an international wire transfer, you'll need to have your bank send a Fedwire Funds Service request through their North American correspondent using this information:

How do I add more funds to my account?

You can add funds to your account online or in the app.

Related Glossary

Revolving Credit
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.

Accrued Interest
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.

Annual Percentage Rate (APR)
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.

Charge-Off
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.

Fixed Interest Rate
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.