PayPal’s routing number for direct deposit is 031100209 (The Bancorp Bank), and qualifying users can get paychecks up to 2 days early. Here is the full guide for 2026.
PayPal Direct Deposit Details
| Detail | Information |
|---|---|
| Routing number | 031100209 |
| Banking partner | The Bancorp Bank |
| Account number | Unique per PayPal user (find in app) |
| Early paycheck | Up to 2 days early |
| FDIC insured | Yes (through Bancorp) |
How to Find Your PayPal Account Number
- Open the PayPal app
- Tap Wallet (bottom navigation)
- Tap Direct Deposit
- Tap Get account number or Set up direct deposit
- Your routing number (031100209) and personal PayPal account number appear
- Tap Share to email the details to yourself or your HR department
How to Set Up PayPal Direct Deposit
Option 1: With your employer
- Tell your HR/payroll department you want to change your direct deposit
- Provide routing number 031100209 and your PayPal account number
- Allow 1–2 pay cycles for the change to take effect
Option 2: Automated form (in PayPal app)
- In the PayPal app, go to Wallet → Direct Deposit → Create form
- PayPal generates a pre-filled direct deposit authorization form
- Download and submit to your employer
Option 3: Government benefits (SSA, IRS)
- Visit ssa.gov or irs.gov (for tax refund)
- Enter routing 031100209 and your PayPal account number
Early Direct Deposit
With PayPal direct deposit enabled, most payroll deposits and government benefits arrive up to 2 days early — typically on Wednesday for a Friday payday.
- Early pay is not guaranteed: it depends on when your employer’s payroll processor submits the ACH file
- First-time setup may arrive on the normal date while processing is confirmed
- Applies to employer payroll, government benefits (Social Security, SSI, tax refunds)
PayPal Savings (4%+ APY)
Setting up direct deposit unlocks PayPal Savings — a high yield savings account in partnership with Synchrony Bank:
| Feature | Detail |
|---|---|
| APY | ~4.00%–4.30% (2026) |
| Monthly fee | $0 |
| Minimum balance | $0 |
| FDIC insured | Yes (Synchrony Bank) |
| Max FDIC coverage | $250,000 |
| Transfer time | 1–3 business days |
Funds in PayPal Savings are separate from your spendable PayPal balance. You can set automatic transfers to build savings.
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