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Amazon Flex Money Monday – Banking

It’s your money and you want it now! It’s not uncommon to see drivers asking about Amazon Flex payment delays or how long it takes to receive the cash. This largely depends on your bank. Some take longer than others to clear funds. Let’s discuss which banks are the best for Amazon Flex drivers. I’ll give you my favorite pick and I’ve also scoured the web to see what others drivers prefer.

My Top Pick

I’ve been using Capitol One 360 banking for the majority of my time with Amazon Flex. The payments usually clear in the afternoon at about 12 – 1. I’ve never experienced any payment delays and I’ve always had a good experience with the account.

Capitol One 360 is marketed as a “no-nonsense” banking option and for me it has lived up to that. There’s no monthly fees and no minimum balance requirements. You can access your account easily with their app or website.

Check it out here and earn $100 by receiving 2 direct deposits each of $200 or more within 90 days of account opening

I do not receive any kickbacks or commission with the above link.

What the Web Thinks

The Amazon Flex debit card from Green Dot is also a great option.

https://flex.amazon.com/amazonflexrewards/debitcard

You can receive up to 6% cash back on fuel purchases and there’s also no monthly maintenance fees. This card is offered exclusively to delivery partners in partnership with Green Dot. Definitely a solid choice for any driver.

The Slowest

If you don’t want to wait then you should probably avoid Bank of America and Chime. Drivers have reported lots of issues with Chime and Bank of America can take until the end of the day for funds to clear.

Summary

If you’re thinking about switching banks to receive Amazon Flex deposits I definitely recommend to check out the Amazon Flex debit card or Capitol One 360. Both are great options with no fuss and no fees

With Capitol One 360 you could also open a savings account or credit card and have it all in one place. Or opt for the Amazon Flex debit card and receive those exclusive driver rewards.

Appreciate it!

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