how to transfer money from dasher direct to bank account

How to Transfer Money from Dasher Direct to Bank Account

April 9, 2022

DasherDirect is a prepaid card account from DoorDash, an American company that operates an online food business. The company operates from San Francisco, California, USA. It is the largest food delivery company in the country with about 56% market share. Furthermore, it has a 60% market share in the convenient delivery category. When you open your account, you can conveniently order food. You will know how to transfer money from Dasher Direct to a bank account shortly. 

The DasherDirect offers a DasherDirect account and DasherDirect Business Prepaid Visa Card that gives Dashers unique and convenient services within the U.S. Prepaid cards allow you to load money either from a bank account, another card, or a mobile wallet to use for your financial transactions. The cards can buy goods and services online or at physical stores. With the DasherDirect Business Prepaid Visa Card, you can purchase various products from DoorDash with ultimate convenience. 

To begin enjoying the company’s services, you can open an account online using either a smartphone or a computer. The platform also allows you to download their application from the relevant sites. When using an Android smartphone, you can download the application from the Google Play Store by searching DoorDash. You can also download an iOS app from the App Store using an Apple device. 

How to get started with Dasher Direct?

You can access your account online and begin the application process to get the prepaid card. Signing up is straightforward, as you can start your application by navigating to the ‘Earnings’ tab in your Dasher app and filling out the application from there. You must correctly enter your full legal name, correct home address, and social security number (SSN) to ensure a smooth application process. 

Moreover, it is essential to check and confirm that your shipping address is correct and up to date. Your card should reach you through that address, and if it is incorrect, you can update it during the application process. You need to remember that DasherDirect is exclusively for the U.S. Dashers. Therefore, you cannot forward your invitation to others. Moreover, you cannot open multiple Dasher accounts as that is not allowed and may lead to removal from the program.

If you are a Dasher, getting paid has become very easy as you can now get the DashDirect account that comes with the DasherDirect Business Prepaid Visa Card. You do not have to struggle with the olden days of receiving payments for your hard work of delivering delicacies to various clients within your vicinity. And by the way, you can transfer a prepaid card balance to a bank account or withdraw money at an ATM point. Therefore, you do not have to mind how you will get cash out of your card.

How do I get paid via the Dash account?

how to transfer money from dasher direct to bank account

Once you get the card, you will need to activate it. You can carry out the process by navigating to the main menu, tapping ‘Manage card,’ and selecting ‘Activate your card.’ You will need to manually enter the prepaid card’s last four digits and expiration date (MM/YY) and follow prompts. 

Once they approve your DasherDirect account, your virtual card will appear in the DasherDirect app and will be ready for immediate use as you wait for the tangible card. To ensure that our earnings go straight to your card, you must update your payout method to Dasher Direct by tapping on the Earnings tab of your Dasher app and proceeding as per the guidelines. 

The virtual card is helpful in various ways. You can use it for transfers, online purchases, bill pay, and any transactions that do not require a tangible card. You can transfer money using the routing and account numbers of another card or bank account for your information. 

As long as your card is working, your payments are usually reflected by the following day. If you’re using Instant Direct Deposit, you will see your earnings after you end your Dash. Tips are also automatically deposited together with your earnings (if the customer rewards you on time) or in another payout up to 30 days after completing your Dash (in case the customer rewards you later). 

It is essential to note that if the payments are lower than required, they will not be loaded to your card and may wait for the subsequent payments for a collective deposit. Also, Fast Pay and Dasher Direct cannot operate together. Once you’ve activated your physical Dasher Direct card, your payments will shift to the card account. You can also switch payments as per your wishes. 

How does the Dasher Direct Card operate?

The card allows you to use it for various payments, either online or at a physical store. Remember that the card is a prepaid debit card, and you know that you can use prepaid debit cards in various ways. The card allows you to receive your earnings daily if the payments meet the minimum requirements.

Also, you can use the Dasher Direct mobile app to access your card balance and other services. When you use the card at filling stations, you get a 2% cashback on your purchases. Therefore, if you travel frequently, you can save a lot of money in the process.

Again, you can use the card to pay bills. These include water, internet, electricity, etc. You can even set up automatic payments using your card so that if you forget to pay your bills on the payment date, you can easily have your bills settled automatically. 

One good thing about the card is that it does not charge monthly fees whatsoever. However, there are other fees you have to part with. They include the following. 

  • $5 for card replacement
  • $3.50 for the balance refund check 
  • $2.50 per month inactivity fee after 12 months of inactivity
  • 3% foreign transaction fees 
  • $1 per check used for bill pay with a paper check
  • $2.50 per transaction when you use a non-network ATM fees 

How to transfer money from Dasher Direct to bank account

As I mentioned earlier, the card allows you to transfer money to your bank account. You can also transfer money to someone else’s bank account if you have the routing and account numbers. You can send funds to a bank account in the following manner.

  • Tap on ‘Move Money’ in the DasherDirect app to transfer money to any U.S. bank account.
  • Enter the recipient and enter the amount of money to transfer if the recipient is in your list of the previously used accounts. 
  • Tap on ‘Recipient,’ then ‘Add’ and enter the recipient’s bank details if you are sending them money for the first time. 

The recipient should get the money within 1-2 business days. If you make the transfer on the weekend, then it will have to wait until the next business day to get processed. Transferring money to your bank account is free of charge. One crucial thing you must have in mind is that you cannot cancel a transaction once you initiate it.

There are transfer limits that you should be aware of. For example, you get a transfer limit of $2000/day, whereby you can only make three transfers/day. Again, you have a transfer limit of $5000/month, with 30 transfers per month.

You can see the transfer status on your phone that comes in the form of a push notification. You need to note that the transfer time is the next business day if you send the funds before midnight Eastern Time.

Can you deposit money on your Dasher Direct card?

Yes, you can deposit funds in your card when the need arises. You add money to various participating merchants. To get a participating merchant, you need to tap on ‘Deposits’ in the bottom menu of your DasherDirect app, then tap ‘Cash Deposit’ to get the locations of various merchants around you. 

There are limits on the amount of money you can deposit on your card. You can deposit $1,500 per day and up to 10 cash deposits per day. Also, you can only deposit $3,000 per month with up to 300 cash deposits.

When depositing money at various merchants, you will part with deposit fees of between $3.95 to $4.95. If you have money in your bank that you want to put in your DasherDirect card, you can withdraw it and then deposit it immediately to your card. 

And by the way, withdrawing and depositing are among the best ways to transfer money between banks. It may appear weird, but it works well. Using other transfer methods such as direct deposits or checks can take a long time, especially if you want money in your account urgently. 

Bottom line

DasherDirect is a prepaid card account from DoorDash, an American company that operates an online food business. The company operates from San Francisco, California, USA. When you become a Dasher, you can quickly receive your payments via the DasherDirect card, which is a prepaid card. The card is reloadable at various stores, just like other prepaid debit cards. You can transfer money from Dasher Direct to the bank account.

Posted by Spencer Tierney
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Spencer Tierney is a writer and expert on certificates of deposits at transfermone.com. His work has been featured by USA Today, MSN, SF Gate, the Los Angeles Times, NerdWallet and more. He earned a bachelor’s degree in English at UC Berkeley.