Press

Introducing Deel Advance: Get your paycheck up to 30 days early!

Back to blog
October 22, 2020
Contents
Hiring independent contractors on Deel
Hiring full-time employees on Deel
How do payments happen on Deel?
Deel is free for contractors
Deel pricing for companies
See Deel in action
You pay for Deel now, yes?
Try Deel
Back to blog

Have you ever wished that your paycheck would hit your account sooner? Whether you need some extra cash for an unexpected payment or want to book a well-deserved holiday, we believe that your pay day should work for you. 

That’s why we’ve built Deel Advance: to make it easy and affordable for remote workers (that’s you!) to access your money, when you need it. 

Deel Advance lets you access your paycheck up to 30 days early. No hassle, no credit checks and no ridiculous interest rates. Just more flexibility with your money. Pretty neat, right? 

Are there any fees? 

You can advance up to $50 for free, every paycheck. We’ve got your back! For advances over $50, we charge a 2-3% fee to help cover our costs, with a minimum fee of $10. You’ll always see a full breakdown of any fees in your Deel account before you commit.

Who is eligible for Deel Advance?

If you’re paid via a fixed contract on Deel, you are eligible to access your paycheck up to 30 days early if you meet the following requirements: 

  • You have been on a fixed contract for at least 3 months
  • Your Deel account is verified
  • Your paycheck is paid on a weekly or monthly basis

I’m eligible! How do I get started?

Simply login to Deel, select Deel Advance in the navigation menu and enter an amount. We’ll advance you the money quickly (most of the time, it’s instant), without any credit check or a lengthy approval process.

Your advance will automatically be repaid from your next paycheck. For more information, see the tutorial here.

Hiring remotely?

Legally hire anyone, anywhere in the world, run payroll in 100+ currencies.

Deel's partnered with 100+ labor law experts so you can pick from the library of localized contract templates and legally onboard your international teammate in minutes.

From onboarding to payroll, Deel team has you covered.