No, Access EarlyPay works by giving you access to some of the money you’ve already earned. You’re just deciding to draw down on the money before payday
No. There’s no need for a credit check with Access EarlyPay as credit isn’t being provided
No. If your employer has joined Access EarlyPay and invited you to take advantage of it, you may use it.
Yes. The app is free to download, but every time you transact, there will be a transaction fee of £2.75. The fee is shown before you decide to go ahead
The software (app) provider receives the transaction fee. It funds the cost of the finance to pay you early
No, the transaction fee is charged on top of the money being withdrawn
It’s 50% of your gross earned income. Remember, there’s some money kept back to cover your monthly deductions (tax, NI, pension etc.).
You can draw down up to £500 each pay period.
Yes. The Access EarlyPay app gives you a full transaction history
For most of the time, EarlyPay is available 24/7 but the amount available to draw down will only be updated once a week once your shifts for the prior week have been confirmed and uploaded into EarlyPay
Using Access EarlyPay means your end of month pay will be reduced. For example, you might take 10% of your monthly take-home pay two weeks early – that money plus the transaction fee won’t be in your monthly pay cheque.
The Payroll team will need to see any transactions to accurately process the payroll.
The app shows money available to draw down. Once you do it will show in your bank account in minutes.
We advise checking with your bank.
No, a smartphone is needed to download and use the EarlyPay app. An email address is also required so that we can send you the invitation to download the app.