While it’s not officially the end of summer—that comes Sept. 22—Labor Day is the last hurrah for many of us before autumn takes over. Why would you want to spend any of that precious long weekend time dealing with a paper paycheck?

For many Americans, Friday is payday. For those with Direct Deposit, the money is in their bank or credit union account bright and early on payday, often even before sunrise, with no delay. Direct Deposit means you can head out right after work to enjoy the holiday. There’s no need to deposit a paper check and then wait for the funds to clear, which on a long holiday weekend could mean your money might not be available until Tuesday, when it’s time to go back to work, or even later.

According to the American Payroll Association’s latest “Getting Paid in America” Survey, almost 96% of Americans get paid by Direct Deposit, up from 94% the year before. 

Direct Deposit isn’t only for wages. According to the Social Security Administration, 99.3% of the more than 65 million payments it made to beneficiaries in August 2022 were by Direct Deposit. Also, the IRS reported that for the 2022 tax filing season, 90.5 million refunds were paid by Direct Deposit, accounting for 94% of refunds.

And if your ultimate goal this Labor Day is to lie on a beach every day, Split Deposit makes it easy to save for that. With Split Deposit you can have a percentage or fixed amount from your wages go to savings every time you’re paid. 

Learn more about Direct Deposit and Split Deposit at DirectDeposit.org.