The recurring deposits feature was created to help you automate your savings.

Set up a recurring deposit with one single transfer in Outlet to watch your savings grow and compound... automatically!

Types of recurring deposits:

  • Every Week

  • 1st and 15th of every month

  • Every Month

TIP: Set up your recurring deposit on the day of the week or the date of the month you'd like the deposits to continue to recur on.

How to set up recurring deposits:

  1. Open the Outlet app on your mobile device.

  2. Tap on the "Transfer" button located in the home dashboard.

  3. Tap on "One Time Deposit" to choose a recurring transfer.

  4. Select the recurring transfer frequency from the options listed.

  5. Type the dollar amount you'd like to be a recurring deposit on the keypad.

  6. Triple check the bank you selected to move funds from.

  7. Tap "Transfer" to confirm and initiate your recurring deposit.

*PLEASE NOTE: Initiating a recurring deposit will process the first deposit of your recurring deposits at the time of initiating the transfer.

Do you want to stop your recurring deposit(s)? No problem.

How to cancel recurring deposits:

  1. Open the Outlet app on your mobile device.

  2. Tap on the Profile tab (located at the bottom right corner).

  3. Scroll down to the "Transfers" section.

  4. Tap on "Recurring Transfers."

  5. Tap "CANCEL" next to the recurring transfer you'd like to stop.

  6. Tap "OK" to confirm the cancellation of this transfer. You can also tap on "Cancel" if you did not intend to cancel the recurring transfer.


Need Assistance? Contact Us.

Tap the Chat Bubble on this screen or in the Outlet app to start a conversation.

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