Now funds are available in your HCP Money account in less than two business days* after a bank transfer is initiated at no extra charge. And get this: by starting a transfer before 11:00 AM CST on a business day, the funds could arrive the same day!

How much does it cost to get the faster funding speed?

There is no fee to use the faster funding speed.

Do I need to update my current recurring transfers from my bank account to get the faster funding?

No. Your preexisting transfers will default to the faster funding speed and should arrive in your HCP Money account in less than two business days.

Is it possible to transfer the funds in the same business day?

Yes. It’s not guaranteed but initiating a transfer before 11:00 AM CST on a business day increases the likelihood that the funds will be in your HCP Money account on the same day.

Will the funds always be transferred in less than two business days?

No. Some funds transfers will take the standard 4 business days to reach your account. This is part of an additional security check to make sure the transfer wasn’t made fraudulently. Unfortunately, these security measures will result in a longer time before the transfer is complete.

You may also need to refresh your external bank account connection to be eligible for the faster funding speed. Look for a blue banner on the HCP Money overview page to refresh your bank account connection.

Will the faster funding speed impact my minimum balance setting?

No. We recommend setting up/keeping a minimum balance so your account stays funded in between transfers using credit card payments.