How to Direct Deposit Payments From a Third Party

Shorten your to-do list by having your paycheck, Social Security payments, pension benefits, tax refund, or other payments from a third party deposited directly into your Fidelity account.

Why should I use direct deposit?

When you request to have your pay, benefits, or tax refunds directly deposited into your Fidelity account, you'll make fewer trips to the bank, and you'll have access to your money right away.

What do I need to know?

Other ways to deposit and withdraw money:

What to expect

When your employer, the government agency, or another third party sets up direct deposit, they run a test to ensure the account numbers are correct.

It usually takes a couple of payment cycles for direct deposit to start, so continue to look out for your mailed payments or bank account deposits until you get a notice from the third party that your direct deposit is active.