Gusto Wallet

Gusto Wallet is an application that is designed to help you manage your finances easily and efficiently. It is integrated with your Gusto account, making it convenient to access and use. With Gusto Wallet, you can earn, save, and spend money all in one place, giving you control over your financial future.

One of the main features of Gusto Wallet is the ability to get paid up to two days early with a Gusto spending account. This means that your payment may be processed and available to you two days earlier than usual, depending on when your employer sends the funds. This can be especially helpful for those who need access to their money quickly.

Gusto Wallet also offers the option to save towards custom goals with auto savings. This feature allows you to set specific savings goals and have money automatically deposited into your savings account to help you reach those goals. This can be a great way to save for things like a vacation, a down payment on a house, or any other financial goal you may have.

Another benefit of using Gusto Wallet is that there are no minimum balances, account fees, or overdraft fees. This means that you can use the app without worrying about incurring any additional costs. However, it is important to note that there may be some fees for out-of-network ATM and foreign transactions, so it is important to check the terms and conditions carefully.

In addition to these features, Gusto Wallet also offers a debit card for simple spending, a paycheck splitter to easily route your cash, and the ability to view paychecks and tax documents. You can also use the app to clock in and out, review time sheets, and more, making it a comprehensive tool for managing your finances.

It is important to note that Gusto is a payroll services company, not a bank. This means that Gusto savings goals, spending account, and debit card are issued by nbkc bank, Member FDIC. This also means that any balances you hold with nbkc bank, including those in your Gusto accounts, are insured up to $250,000 per depositor through nbkc bank. However, it is important to read the account documentation and understand the details of FDIC insurance and how it applies to your account.