Submitted by hasengan t3_z8up6n in personalfinance
sciguyCO t1_iydrtqp wrote
What's the actual pay date for your check? I'm paid every other Friday, and my employer's payroll system will show my pay stub a day or two before that, it usually shows up as a "pending" transaction at my bank on Thursday, and doesn't actually get added to my account balance until Friday. Sometimes that "pending" state is skipped and the transaction just pops up completed on Friday.
I haven't used Capital One, but it's possible they received the transaction this morning, but are just being slow to update your account. I'd give it at least a day before starting to worry, these things might be getting batched up into one in the morning (for anything received overnight) and one in the evening (for stuff received after the morning batch was processed). Could just be a timing thing.
Is this your first paycheck at a new job? That can sometimes involve extra validation (employer making sure you gave them a valid account), which can slow things down. That usually smooths out for future deposits.
hasengan OP t1_iydtycb wrote
We're paid the 15th and last day of every month! Possibly, I'll give it a day before contacting them. Not a first paycheck, but I did just change my direct deposit to this account which could be a factor. Thanks!
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