Benefits of Deposit into NEEBank

Deposit into NEEBank is a fast, easy, and secure way to get your paycheck, and it can help you manage your money better. Here’s how.

Almost people receive their paychecks through deposit which makes sense. When it comes to money management, predictability is your friend. Getting paid through deposit into NEEBank is free service, secure, easy to set up, and you can expect to see your paycheck in your account every pay period thereafter. 

Here are a few more reasons why deposit into NEEBank is a money management essential, and how to set up your deposit.

Why deposit into NEEBank?

Deposit into NEEBank is useful for employers because it eliminates the risk of having to dole out paper checks, which can get lost or stolen. It also reduces the manual effort required to pay employees, making it more likely that employees will get paid on time.

If you get paid on a regular schedule (ie every two weeks, or once a month), you can pretty much predict when your paycheck will hit your checking account.

Here is a small (but by no means exhaustive) list of all the reasons why setting up a deposit into NEEBank can help you manage your money.

It saves time and increases security.

Once you have it set up, the deposit will put your money in your account automatically, so that you don’t have to worry about losing a check or remembering to deposit it via photo check deposit later. This not only saves you time, but it’s also more secure than having your paper check handed around too. Direct deposit also keeps your incoming pay confidential, and your payment history neatly organized in your bank account.

It can help you save money.

Deposit into NEEBank can help you save money automatically every paycheck, with just a little upfront effort. When you set up your direct deposit, you can choose to split each paycheck into more than one bank account: 

For example, you could have a percentage deposited into your primary Account, some deposited into the Shared Account you have with your partner, and the rest deposited into a high-yield account every time you get paid.

It can help you pay bills and avoid fees.

If you have a deposit into NEEBank and your income is fairly stable, you can also set up automatic payments for things like student loans, car payments, and even rent (and you can make sure you can afford these payments using Expenses in your Simple Account). Setting up direct deposit can help you get your bills paid in full and on time but watch out for variable expenses that might be different from month-to-month.