When Does Uber Deposit Money??
Last Updated on February 8, 2018 by Rideshare Community Support
Partner Question: ★When Does Uber Deposit Money? Everybody needs to know their payday – lets discuss!★
It’s important that you not only know when your money will be deposited, but some other key elements too about being paid. The more knowledgeable you are, the less frustrated and confused you will be.
First, before we go into details it’s important to mention that in order to get paid without delay, you need to make sure you have setup your direct deposit. You need to provide your routing and account number, SSN, and tax classification. These 3 pieces of information needs to be correct.
You will be paid for every trip you complete. The current rates for Uber in your city can be found at https://www.uber.com/cities/. You would need to check directly with Uber if you are unsure of their fee percentage that they will be taking off your trip’s fare.
»Pay Cycle & Deposit: Uber payment cycle goes from Monday at 4AM to the following Monday at 3:59AM. At that point, your Uber Partner statements are posted to partners.uber.com for your review under the Invoices section.
You can log in using your Uber Driver username and password. There you will be able to review each trip to see how much driver revenue you have made from the trip including tolls.
Payments are then processed Wednesday evening and depending on your bank, you might see it by the end of the day Thursday, but no later than Friday.
»High Dollar Trip Fare: We also want to point out that, on some rare instances a large trip fare my not be finalized in time in order to be paid out with your current week’s pay. Meaning if the high fare trip was taken close to the weekly pay period cut off, there is a small possibility that it want be approved before the weekly deadline (Monday at 3:59AM). From what we understand, large fares must be manually approved by management. This is to help keep down both driver and rider fraud.
»Common Reasons You Didn’t Get Paid:
°You entered the wrong checking account info in vault.com or your info needs to be updated
°You checked your account too soon instead of giving it until at least Friday to show up
°You didn’t take enough trips and you are still paying on the deposit of your Uber iPhone or even owe data fees
°Your account was already overdrawn or the bank has a hold on your account
Unfortunately, if there was an error processing your pay (maybe because your information was incorrect in the system), you will have to wait to get paid that next Friday. Uber will not reprocess your missed payment at any given time, they will try re-depositing it again when they do payroll.
Still have questions? Please go to https://help.uber.com for additional help.
When Does Uber Deposit Money? Help!