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How do I receive my direct deposit bonus?

When you join Albert, you can qualify for a cash bonus when you receive a qualifying direct deposit and spend with your Albert Cash debit card.

How can I earn a direct deposit bonus?

  1. Set up direct deposit with Albert Cash,
  2. Receive a qualifying direct deposit of $500 or more within 45 days of joining Albert;
  3. Receive a qualifying deposit of $500 or more every 30 days for 90 consecutive days, And
  4. Use your Cash card to spend $200 or more on goods or services every 30 days during the same 90-day period.
Please note, in order to receive a bonus, it must be your first time receiving a direct deposit in Albert and have not received any other bonus from Albert to enable your direct deposit. Members are only eligible to receive one direct deposit bonus from Albert. You’re ineligible if you’ve ever received a bonus from Albert for enabling direct deposit. Only deposits that Albert verifies as legitimate will qualify to unlock the bonus. The bonus offer will expire if the qualifications above are not met.

Albert may edit the requirements for the direct deposit bonus at any time at its discretion. To view the direct deposit bonus applicable to your sign up, go to your Albert Cash settings, tap to set up Direct deposit, and tap on the bonus offer to view more details.

 

What is a qualifying direct deposit?

The qualifying direct deposit must be made by the referred individual’s employer, payroll provider, or benefits payer by Automated Clearing House (ACH deposit). Bank ACH transfers, federal, state, or local tax refunds or credits, federal or state unemployment short-term disability, or social security benefits are not qualifying direct deposits. Mobile check deposits, peer-to-peer transfers from services like Cash App, Venmo, or PayPal, business account transfers or deposits, 1099 related deposits, or other similar deposits are not qualifying direct deposits.

By the way, you can also refer as many friends as you’d like to join Albert and earn up to $1,500 in referral bonuses! You can learn more about our referral program and bonus here.

 

Have other questions about how direct deposit works or the status of your bonus? Text Genius at (639-37) or send us a note at support@albert.com.

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Albert is not a bank. Banking services provided by Sutton Bank, Member FDIC. Albert Savings accounts are held for your benefit at FDIC-insured banks, including Coastal Community Bank and Wells Fargo, N.A. The Albert Mastercard® debit card is issued by Sutton Bank, Member FDIC, pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Early access to direct deposit funds depends on the timing of the payer's submission of deposits. We generally post such deposits to Albert Cash accounts on the day they are received which may be up to 2 days earlier than the payer's scheduled payment date. Cash back terms apply. See app for details. Savings bonus may vary. Download to see if you qualify for Albert Instant. Repay the Instant advance with your next paycheck. Fees may apply. When you join Albert, you’ll set up an Albert Cash account and a 30-day trial for Albert Genius as part of the sign-up process. If you cancel within 30 days of signing up, you will not be charged for your subscription. Your subscription will auto-renew until canceled. Even if you cancel, you can continue to access Albert Cash and Instant. If you cancel, you will lose certain benefits associated with your Genius subscription, such as Investing, access to Albert’s financial experts, free in-network ATM withdrawals, and more.

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