My SS check was deposited early!

G

Geezerette

Senior Member
First time ever! Was checking my bank acct on line and there it was, direct deposited this weekend. Wasn’t due till 10/15..Never had this happen before. I’m on a 3rd Wednesday cycle. I called the bank customer service and “ due to an unusually high volume of calls” couldn’t get through after very long waits on hold. So I sent an email to that service, might get reply tomorrow if I’m lucky
Anyone else ever had that happen or hear about it happening to any one you know?
 

Geezerette said:
First time ever! Was checking my bank acct on line and there it was, direct deposited this weekend. Wasn’t due till 10/15..Never had this happen before. I’m on a 3rd Wednesday cycle. I called the bank customer service and “ due to an unusually high volume of calls” couldn’t get through after very long waits on hold. So I sent an email to that service, might get reply tomorrow if I’m lucky
Anyone else ever had that happen or hear about it happening to any one you know?
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Mine always shows up a few days early... but has the "pending" tag. Best I can understand, the bank is notified it is on the way, but not actually credited to the account until the due day... or the 20th.
 

Geezerette said:
First time ever! Was checking my bank acct on line and there it was, direct deposited this weekend. Wasn’t due till 10/15..Never had this happen before. I’m on a 3rd Wednesday cycle. I called the bank customer service and “ due to an unusually high volume of calls” couldn’t get through after very long waits on hold. So I sent an email to that service, might get reply tomorrow if I’m lucky
Anyone else ever had that happen or hear about it happening to any one you know?
Click to expand...
it's the 18th today so your cheque was 3 days late in fact...
 
You said '3rd Wednesday' cycle .. that's the 20th this month. Like mentioned above, maybe it's in pending mode.

October-2021-Calendar.gif
 
Bonnie said:
You said '3rd Wednesday' .. that's the 20th this month. Like mentioned above, maybe it's in pending mode.

October-2021-Calendar.gif
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There are still folks that receive their checks by snail mail, whether the 1st of the month or 3rd Wednesday. When the check hits the mail, the bank receives notice of pending deposit. The bank is not supposed to credit the check or direct deposit until the due date, which means direct deposit is listed as "pending". It has been that way for years.
 
ooops, I put the wrong date.Should have been 10/20 that it was due.
Got a prompt email explanation from the bank just now tho.
Bank decided to make the funds available early to the recipient as soon as they get the “Pending” notice.
I don’t think that few days early will make any difference to my budgeting tho. What I wish SSA would do is make it on a definite date because with the current system we end up having to budget for a 5 week month every so often.
Thanks for your replies!
 
Sometimes, like yesterday, I see my SS deposit early as pending but this is the first time it's showing 5 days early. My deposit is scheduled for 10/27.

@Tish I get a state pension and if the 1st falls on a weekend or holiday, we get the deposits the day before. So about three times a year, there are months with two deposits and months with no deposits. Of course December is always one of the 2 deposit months.
 
Geezerette said:
First time ever! Was checking my bank acct on line and there it was, direct deposited this weekend. Wasn’t due till 10/15..Never had this happen before. I’m on a 3rd Wednesday cycle. I called the bank customer service and “ due to an unusually high volume of calls” couldn’t get through after very long waits on hold. So I sent an email to that service, might get reply tomorrow if I’m lucky
Anyone else ever had that happen or hear about it happening to any one you know?
Click to expand...
Happens routinely for us especially if the deposit date is on a weekend.
 
We are seeing it has nothing to do with weekends as it some banks have agreed to release the funds sooner .

evidently the banks actually have been seeing our deposits coming in teo days sooner but holding them before posting , like the 2nd wed of the month as ss posts .

but now they are releasing it and posting it sooner at some banks.. it is called early paycheck

https://www.capitalone.com/bank/early-paycheck/
 
mathjak107 said:
We are seeing it has nothing to do with weekends as it some banks have agreed to release the funds sooner .

evidently the banks actually have been seeing our deposits coming in teo days sooner but holding them before posting , like the 2nd wed of the month as ss posts .

but now they are releasing it and posting it sooner at some banks.. it is called early paycheck

https://www.capitalone.com/bank/early-paycheck/
Click to expand...
Unless using a credit union instead of a bank can be different. I really don't know, what I do know is that there are times when the direct deposit date falls on a weekend, the deposit is made before the weekend.
 
Geezerette said:
First time ever! Was checking my bank acct on line and there it was, direct deposited this weekend. Wasn’t due till 10/15..Never had this happen before. I’m on a 3rd Wednesday cycle. I called the bank customer service and “ due to an unusually high volume of calls” couldn’t get through after very long waits on hold. So I sent an email to that service, might get reply tomorrow if I’m lucky
Anyone else ever had that happen or hear about it happening to any one you know?
Click to expand...

I'm on a 4th Wednesday cycle, so I should get paid this week on Wednesday, however, I got paid early (last week). First time for me too!
 
My sister and I have been getting our SS deposited the Friday before the due date on Wednesday.for almost a year now. We are on the third Wednesday of the month. We also have a credit union bank.
 
II have been getting my SS deposited in my bank for over 20 years.. Its deposited on the third of the month every month. The only time its deposited early is when the 3rd is on a Sunday or Friday or on a Holiday.
 
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Here in Canada with direct deposit, everyone in the country gets their Canada Pension and Old Age Pension deposited on the 28th of the month. JimB.
 
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