Gusto spending account and debit card

The Gusto spending account is an interest-bearing bank account designed to help employees seamlessly connect payday and banking, so they can access their hard-earned wages confidently and quickly.1

The spending account works like a traditional checking account, but better. If an employee chooses to set up direct deposit to their spending account, they can get paid up to 2 days faster.2 They can also receive incoming ACH deposits (like tax refunds), set up bill pay, link external bank accounts to transfer funds in and out, and even transfer funds instantly from their spending account to one of their personal debit cards.3 And lastly, with an APY4 of 1.00%, employees earn interest on the money kept in their spending account.

Once an employee activates their spending card, they can also access financial wellness tools right from their Gusto account. They can create monthly budgeting goals, have transactions automatically assigned to personalized budgeting categories, and review dynamic spending insights that inform them of their spending habits over time.

Once an employee opens a spending account, they can start using their card immediately by adding it to their Apple Pay® or Google Pay™ mobile wallet.8 Physical Gusto debit cards are mailed via USPS and should be received within 10–14 business days of opening the spending account.

1. The Gusto Cash Account, savings goals, spending account, and debit card program is issued by nbkc bank, Member FDIC. The Gusto Debit Card is issued by nbkc bank pursuant to a license from Visa U.S.A. Inc.

2. Early access to direct deposit funds depends on the timing of payer’s submission of deposits. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

3. Funds are generally accessible immediately, however, network disruptions may delay availability, typically no longer than 30 minutes.

4. A Gusto Spending Account is required for early access to your paycheck, terms and conditions apply. The Gusto Cash Account (savings goals and spending account) are issued by nbkc bank, Member FDIC. Gusto is a payroll services company, not a bank. Banking services provided by nbkc bank, Member FDIC

5. Cash Account Annual Percentage Yield (APY) as of 1/26/2023 is 1.00%. APY is variable and subject to change at our discretion, without prior notice. No minimum balance required. Based on the FDIC savings rate as of 1/17/2023 available at

6. There are no account or overdraft fees associated with the Gusto Cash Account spending account. The Gusto debit card can be used for free at over 37,000 ATMs in the MoneyPass Network. Gusto charges $2.50 when you use an out-of-network ATM in addition to any fees charged by the ATM or ATM operator. Review the terms and conditions carefully.

7.  App Store is a trademark of Apple Inc., registered in the U.S. and other countries. Google Play is a trademark of Google LLC.

8. Apple, Apple Pay, the Apple Logo, iPhone and App Store are registered trademarks of Apple Inc., registered in the U.S. and other countries. Google Pay™, Google Play and the Google Play logo are trademarks of Google LLC.