Transferring funds from your linked bank account to your Credit Karma Money Spend and Save accounts typically take 2-3 business days to complete, excluding federal holidays. This may take longer depending on your external financial institution.
Once deposits settle, they are available for withdrawal within 3 additional business days. Funds transferred into your Credit Karma Money accounts are not available for immediate withdrawal. The process typically takes 2-3 days. This additional time aims to prevent returned transfers and overdrafts on your external bank account.
When you schedule automatic deposits, they are initiated on the dates you specify and will typically arrive in your account 2-3 business days later due to transaction processing time. For example, if you schedule weekly automatic deposits to occur on Mondays you might see the funds in your Credit Karma Money Spend or Save account on Wednesdays.
*Banking services provided by MVB Bank, Inc., Member FDIC.
