Direct deposit basics
Get your account and transit/routing numbers plus a void cheque. Submit your employer's form; confirm the effective pay cycle.
Split your pay
Many payroll systems support split deposits (e.g., 80% to chequing, 20% to savings).
Automate transfers
Set recurring transfers on payday to savings, investing, and bill accounts. Create separate "buckets" to stay organized.
Add alerts & safeguards
Turn on deposit confirmations and low-balance alerts; enable overdraft prevention.
Review quarterly
Adjust amounts as income or goals change.
Frequently Asked Questions
Can I automate transfers to multiple accounts?
Yes—set multiple rules by date or payday.
What if the deposit fails?
Keep a small buffer and contact HR/benefits immediately.