Uber Instant Instant Pay: How to Use Instant Pay, Benefits & Setup

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What is Uber Instant Pay? Learn how Uber Instant Pay works and how to get started.

uber instant pay

Uber Instant Pay Deposit Review

If you don't know how Uber driver pay works, here's a reminder. Uber pays the drivers weekly via direct deposit. The week begins at 4 AM on Monday and ends at 4 AM the following Monday. To give you more information, in a weekly timeline:

  • On Monday: You will receive your pay statement.
  • On Tuesday: Uber will deposit your payments directly into your bank account
  • On Wednesday: You should be able to see the payment in your account

All the Uber and Uber Eats drivers get these benefits:

uber instant pay available

Availability

With Uber Instant Pay you can easier schedule bill payments and organize your personal budget.

uber instant pay 5 times cash out

Cash out up to 5 per day

If you already know the advantages of the weekly pay, you will be surprised to find out that with Uber you can also cash out up to 5 times per day.

uber instant pay easy to use

Easy to use

Uber Instant Pay it's very easy to use. You only need a debit card. With one click it will allow you to cash out whenever you want, instantly.

Case Study: Comparison of Uber Instant Pay, Postmates Instant Pay and Doordash Fast Pay

case study instant pay

Instant pay is one of the great advantages that rideshare and delivery companies like Lyft, Doordash, Uber, Uber Eats offer to their drivers. But do they all really work the same way?

Uber Eats, Postmates and Doordash drivers are independent contractors. You are free to choose the platform in which you want to work, probably the one that pays the best and offers better services to drivers. We carried out a case study and compared Uber Instant Pay, Postmates Instant Pay and Doordash fast pay. If you need to cash out it's important to know how instant pay works for Uber, Postmates and Doordash before going online. Uber Instant Pay and Postmates instant Pay work almost the same way. The only real difference is that with Uber Instant Pay, Uber / Uber Eats drivers can cash up to five times a day. Postmates drivers have NO LIMITS, they can cash out as many times as they need with Postmates Instant Deposit. If you want to learn more about Postmates Instant Pay you can take a look at our article.

Doordash offers a similar service to the dashers. This service is called Doordash Fast Pay. Doordash Fat Pay requirements include:

  • Have an active dasher account
  • Have completed at least 25 lifetime deliveries
  • Have delivered in the Doordash platform for at least 2 weeks

Uber and Postmates remain loyal to their commitment to be 'driver friendly companies', in fact Doordash Fast Pay is more expensive than Uber Instant Pay. You have to pay a fee of $1.99 if you want to cash out in the Doordash platform, Uber drivers can do the same thing with a lower fee of only $ 0.50. Also for a fast cash out in the Doordash platform there are many more requirements than in the Uber platform. For example, as seen above, you can't cash out if you are a new driver and haven't delivered for at least 2 weeks and completed 25 deliveries.

What do I need to use Uber Instant Pay?

Here is a checklist of the qualifications to be able to use Uber Instant Pay:

  • Have an active Uber / Uber Eats account
  • Have an available cash balance up to $0
  • Here are two ways to get started:
    1. Have a debit card Mastercard or Visa issued in the US
    2. Get an Uber Debit Card from GoBank

How to use Uber Instant Pay with a Debit Card

It's important for you to know that you cannot use a liquid card for instant deposit. A liquid card is a prepaid card and you can’t use prepaid debit cards. It has to be linked to a checking account. It’s the same with every instant pay in all the rideshare and delivery services. Today, 95% of U.S. debit cards support Instant Payouts.

Here is a list of the few banks that do not support Instant Payement:

  • Aba Card Solutions, Inc. Aba Card Solutions, Inc.
  • Banco Coomeva S.A.
  • Banco Popular De Puerto Rico
  • Barrington Bank & Trust Company National Association
  • Brenham Natl Bank
  • Calvin B Taylor Bankingc
  • Citizens Bank Swainsboro
  • Cornercard Uk Ltd
  • Dcb Bank Limited
  • First Century Bank National Association
  • Firstmerit Bank National Association
  • Florida Capital Bank National Association
  • Heartland Bank
  • HSBC Bank USA, National Association
  • J.P. Morgan Europe Limited
  • Ky W Va Gas Co. Employees Federal Credit Union
  • Madison County Bank
  • Mb Financial Bank National Association
  • Mwabank
  • Northbrook Bank & Trust Company
  • Ravalli County Federal Credit Union
  • Republic Bank
  • Republic Bank of Chicago
  • Sunrise Banks National Association
  • Target Bank
  • The Bank & Trust
  • Tib The Independent Bankersbank
  • Wesbanco Bank Inc.

How to use Uber Instant Pay with an Uber Debit Card from GoBank

You can require your debit card from GoBank directly from your Uber App. If you use a Uber Debit Card from GoBank, Zero fee applies to your cash out.

How to set up Uber Instant Pay in the Uber Driver App

It's never been simpler than that. Do you have your debit card and your smartphone in your hand? Then :

  • Open the Uber Driver App Dashbord by clicking on your profile photo
  • Tap on Account
  • Select Payment
  • Tap on 'Set Up Instant Pay'
  • Add a Card for Instant Pay
    1. You can choose to get the Uber Visa Debit Card and cash out for FREE
    2. You can Add a Debit Card and cash out for $0.50
how to set up uber instant pay in the Uber app
how to set up uber instant pay in the Uber app
how to set up uber instant pay in the Uber app
how to set up uber instant pay in the Uber app

Uber Instant Pay FAQ

How do I use Uber Instant Pay?

Once you’ve linked your debit card in to your Uber driver App, you’ll find Uber Instant Deposit in the Dashbord of your Uber Driver App.

  • Tap on your picture
  • Scroll down to the section deposits and you will find your courrent available balance.
  • Tap on the button 'Cash out' to transfer your available earnings directly to your debit card account. Remember: there’s a $0.50 fee to cash out your earnings to a debit card via Instant Pay.
how do I use Uber Instant Pay

How many times a day can I cash out using Uber Instant Pay service?

This is what really differentiates Uber Instant Pay from Postmates Instant Pay and Doordash Fast Pay. With Uber Inastant Pay, Uber and Uber Eats drivers can cash out the available balance up to 5 times per day. Doordash drivers can cash out only once a day.

How long does it take to receive your ernings with Uber Instant Pay?

As its name says, the earnings are in most cases immediately available in your bank account. Some banks may still take 2-3 days to process an Instant Pay cash out. If you are a customer of one of the following banks, it may take a few more days for you to get the funds:

  • UBOC
  • H&R Block
  • First Citizens
  • Amegy
  • California Bank and Trust
  • First National Bank of Omaha
  • Webster Bank
  • BOKF
  • Silicon Valley Bank
  • Northern Trust
  • Bank of New York Mellon

Can I use a prepaid card or credit card for Instant Pay?

No, you can not use a prepaid card or a credit card. Your card must be connected to your bank account

How can I cancel a Uber Instant Deposit?

If you cash out your earnings, you won’t be able to cancel the cash transfer to a debit card.

I have an issue with my Uber Instant Pay Deposit

If you have any issues reveiving your Uber Instant Pay deposit there is something that you can do:

  1. Verify your Bank is not in the list of the banks that do not support Instant Payement
  2. Speak to your bank and explain that you’re having issues receiving Instant Pay transfers
  3. Uber Driver support team is always available! You can Contact Uber Support

Last word

Uber like Postmates is the only rideshare and delivery company in the U.S. which allows workers to be paid daily and cash more the once a day. This gives you more advantages of a traditional weekly, biweekly or monthly pay. If you need to get something to eat, or get gas or pay a bill, you don’t have to wait for it. With Uber Instant Pay Deposit, your earnings are right away on your card!

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