On-Demand Pay with Clair

This article is for employers and employees who want to learn about On-Demand Pay with Clair.

On-Demand Pay is a financial benefit that allows employees to access advances between paydays, often for emergencies or unexpected expenses.

There is a growing demand for flexible pay—as employees navigate increased costs of living—and it’s a great alternative to options like high-interest credit cards or overdrafts.

Gusto partnered with Clair,¹ a financial technology company, to offer On-Demand Pay—a free benefit that allows employees to access advances without any effort required from employers. On-Demand Pay is provided by Clair but managed through the Gusto app for a seamless experience. You can choose to send your advance to a Gusto Spending account or an external debit card

1. For Vermont residents: THIS IS A LOAN SOLICITATION ONLY. GUSTO, INC. IS NOT THE LENDER. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR LOAN INQUIRY. THE LENDER MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. THE LENDER MAY BE SUBJECT TO FEDERAL LENDING LAWS.

All Advances are originated by Pathward®, N.A. All Advances are subject to eligibility criteria and application review. Per pay period advance amounts may vary and are based on factors including repayment history. Terms and conditions apply. On-Demand Pay provided by Clair. Clair is a financial technology company, not a bank.

2. The Gusto Spending account is issued by nbkc bank, Member FDIC. Gusto is a payroll services company, not a bank. Banking services provided by nbkc bank, Member FDIC.

3. Advances are typically sent within 2-3 business days fee-free. If an employee chooses to have their Advance disbursed to their Gusto Spending account instantly, they will be charged a $4.50 fee per advance to their Gusto Spending account at the time of disbursement. For instant advances to an external debit card, $4.99 will be deducted from each Advance. Instant Transfers typically occur in seconds, but may take up to 30 minutes.

4. Access to Gusto Wallet Premium pricing and features is subject to certain direct deposit eligibility requirements. Go here for more details.

5. Upon taking an advance, your direct deposit settings will be updated. On payday, a portion of your paycheck equal to your advance amount will be deposited into your On-Demand Payment account to repay your advance. The Gusto On-Demand Payment account is issued by nbkc bank, Member FDIC. Upon enrollment with Clair, this account will be opened.

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7. A Gusto Spending account can give you access to higher On-Demand Pay powered by Clair advance limits. Per pay period advance amounts may vary and are based on factors including qualifying payroll direct deposits and repayment history. Terms and conditions apply.