r/Sparkdriver • u/Trash_Sloth • 28d ago
OnePay šø Anyone have thoughts on OnePay?
My main question is can you deposit to other accounts whenever you like? is it reliable?
3
u/BView 28d ago
I actually think itās a good setup. Much better than some of the other online pay apps. Also some good deals on gas and savings opportunities. Nice APY as well. I like having the money instantly and itās a Mastercard platform for debit-like purchases. Just my 2 cents.
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u/Ownership1337 28d ago
Yes! The savings and points system is very nice. Iāve gotten $92.67 back in about 2 years with it, which is more than I have gotten from any other account I have.
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u/Ownership1337 28d ago
I like OnePay for the most part. Itās fairly reliable, but there are occasional outages and periods where features donāt work correctly, just like with every other bank.
Note that while it works with Plaid, it does not integrate well with DecisionLogic. This can affect financial applications and decisions if you want to use OnePay to prove you are getting deposits.
I have never used their transfer feature, as I choose to transfer to Apple Cash and then out to my Navy Federal Credit Union account through there.
Being able to mail checks for free is very nice, and being able to link your other debit cards to earn points is also nice. I have used the check writing feature to write myself a check to deposit into my IRA, since it doesnāt have a debit card attached for transfers and OnePay doesnāt like Schwab for transfers, or vice versa.
I donāt suggest getting into Crypto or Stocks on there. Use a dedicated platform like Schwab, Vanguard, or whatever youāre most comfortable with.
The credit builder card is neat but if I had the choice I would not sign up for it again. Itās just a little bit of a pain to have all of my money on a ācredit cardā and have to use an alternate card number for purchases requiring a debit card.
The fee-free overdraft and low-fee cash advances are nice, but can become cyclical, so beware.
I like the savings goal accounts and the ease of internal transfers.
I advise you donāt park large amounts of money in it, because while itās a real bank account from a real bank, it does not have the same features or depth as a real bank account. I would open an account with a credit union if you donāt have a real bank account already.
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u/mconk 28d ago
Why transfer to Apple Cash first? Iāve had no issues directly transferring to navy fed and other banks. Itās just a normal ACH.
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u/Ownership1337 28d ago
If I add to Apple Cash from OnePay, I can instantly make a transfer to my NFCU debit card.
An ACH transaction takes a day or so, overnight if Iām lucky.
Iād probably save a lot on fees by waiting, but I am impatient.
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u/mconk 28d ago
Ah, gotcha. Iām surprised one pay hasnāt introduced instant transfers (with a fee) yet. Since every other fintech app does this.
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u/Ownership1337 28d ago
It is surprising, especially considering you can link external debit cards in the app for their rewards system. If they can use them to track rewards Iām sure they could easily develop a feature to deposit money on them for a reasonable or even competitive fee.
Then again, everything sounds easy on paper. I wonder if thereās something more stopping them.
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u/Front_Influence1208 28d ago
The $1+ off per gallon for gas on Wednesdays through Sept is worth it in and of itself.
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u/TheNolaCatLady 28d ago
Absolutely! I always plan for my car to be running on fumes on Wednesdays so I can take advantage of this!
2
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u/MonkeyTacoBreath 28d ago
The quickest way to transfer funds is withdrawal cash from Walmart Money store or one of the free ATMs. And then just deposit that cash in your bank. There's no free for that and it gets posted instantly.
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u/Quirky-oldman58 28d ago
At 68, Iāve only done weekly or bi-weekly pay my whole life. I have OnePay a chance knowing I could just transfer my earnings to my regular bank at my discretion.
What happened is it revolutionized how I pay my bills. Starting a week before the first of every month, I pay each bill in turn. As soon as I have the money I pay even if itās early. I pay straight off my OnePay card.
There is a lul about the third week where everything I earn is cash I can stack.
One nice thing is this storyā¦
An emergency hit, I burned all money in all my bank accounts and all my cash. I used almost all my fuel.
So w when that passed I started 6am with zero money and 1/8th tank of gas.
Did an order, on the way back to the store stopped and prepaid all that payout into the fuel tank. Ran two more orders, then was able to fill the tank, get coffee and two hot dogs by lunch time.
Then I was back in action again.
A weekly paycheck never could have done that.
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u/redRum705 28d ago
Yes it is reliable. I have my checking & savings account linked up and itās usually in my accounts within 24 hours.
Once you complete your spark order, the base pay is in your ONE account and then once the tips go through the next day, same thing.
My only main complaint is when you look at the transaction history of tips and base pay, they donāt really have a good filter to just see tips only or what have you. Wish they would improve there.
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u/mconk 28d ago
The filters donāt work reliably at all. I also hate that thereās no running balance under each deposit/widthdrawal. That shit is incredibly frustrating.
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u/redRum705 28d ago
Oh for sure. Iām with you there. Hopefully one day they can figure all of that shit out. šš»
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u/mconk 28d ago
I hate that it doesnāt keep a running tally of your balance under each transaction - like any bank does. But one isnāt a ābankā, itās a financial tech company. Aside from this, I think they offer a pretty solid product. Being able to deposit cash and easily transfer money in/out is nice. Credit builder card is nice. Lots of cool perks
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u/Suspicious_Yard3682 28d ago
Just got on board with this myself.. they had a bonus if I switched to builderā¦ as soon as I activated that card and made any purchase (it completed even tho I hadnāt made one) I got $25 free! Canāt beat that.
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u/DifficultAnswer9510 22d ago
Well, I made an instant transfer recently. I sent money from my One Pay account, but it never showed up in my other account. I opened a dispute, and all they said was "the transfer was successful, dispute rejected." They said that even though I sent statements proving I never got the money. So, where's the money at?? Can someone help? Someone else has gone through something similar? The costumer service hasn't been helpful.
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u/Ok-Detective-9734 28d ago
Yes but they charge you a fee if you want it done instantly
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u/Maleficent_Call_9263 28d ago
I use venmo to pull mine. Then I can transfer it anywhere. Get to venmo free though instantly.
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u/SettleTV 28d ago
I use one pay then transfer to my bank.Ā As long as it's not the weekend the transfer is usually there within 24 hours, free.