Why should I use Paycheck split over Recurring Deposits?

Article author
Trish V.
  • Updated

Paycheck split simplifies and saves time. Instead of managing multiple transfers across your accounts, set your savings rate on your paycheck in your Acorns Checking account and let Acorns take care of the rest.

 

Can I use both Paycheck split and recurring deposits?

Sure! Using Paycheck split will have no impact on your recurring deposits. If you have a weekly recurring deposit from your primary checking, that will continue as normal. But why? Just move more of your paycheck to your Acorns Checking account and manage it all in one place. 

 

Can I use Paycheck split on my recurring deposits?

Paycheck split was designed to work with Direct Deposit only. This was based on a lot of existing research to encourage people to think about saving a percentage of their paycheck. By focusing the feature on Direct Deposit, our goal was to help people begin to think of saving as a percentage of their income. 

 

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