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Home » Business and finance » How do I unlink my direct deposit from MoneyLion?
Business and finance

How do I unlink my direct deposit from MoneyLion?

May 4, 2023 by Tammy Slater
If you want to unlink your direct deposit from MoneyLion, the process is relatively easy to complete. Follow these steps:

  • Sign in to your MoneyLion account.
  • In your list of transactions, look for the auto deposit you wish to modify.
  • In the upper right corner of that transaction, you’ll see an icon with two arrows that are in opposite directions, and an orange circle with white arrows.
  • Click on that icon, and then select “Cancel transfer.”
  • You’ll then be prompted to confirm your decision to cancel the auto deposit.
  • Once you confirm, the direct deposit link will be unlinked from your MoneyLion account.
  • It’s that simple! Keep in mind, though, that unlinking your direct deposit may impact any pending transfers or scheduled payments you’ve set up, so be sure to review your account to ensure everything is in order.


    Pro Tips:
    1. Contact Customer Support: The easiest way to unlink your direct deposit from MoneyLion is to get in touch with their customer support team. They will guide you through the process and take care of everything.

    2. Login to Your Account: If you prefer to do things yourself, you can log in to your MoneyLion account and navigate to the direct deposit section. From there, you can edit or delete your direct deposit settings as needed.

    3. Double-Check Your Bank Account: Before unlinking your direct deposit from MoneyLion, ensure that you have updated your bank account information and added a new direct deposit source if needed. This way, you can avoid any financial disruptions or delays.

    4. Give it Time: After you’ve requested to unlink your direct deposit from MoneyLion, it may take a few days for your new direct deposit source to take effect. Be patient and wait for confirmation from MoneyLion before assuming anything.

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    5. Review Your Transaction History: Once your direct deposit is unlinked, make sure to review your transaction history to ensure that everything is in order. If there are any discrepancies or issues, contact MoneyLion customer support right away.

    Table of Contents

    • How to Unlink Your Direct Deposit from MoneyLion
      • Accessing Your Auto Deposit Settings
      • Finding the Payment You wish to Cancel
      • Identifying the “Cancel Transfer” Button
      • Confirming the Cancellation
      • Navigating Other Direct Deposit Options
      • Troubleshooting Direct Deposit Issues

    How to Unlink Your Direct Deposit from MoneyLion

    If you have been using direct deposit to receive payments or transfers in your MoneyLion account and wish to make changes or cancel a particular deposit, it is essential to know how to navigate your auto deposit settings. In this guide, we will walk you through the process of unlinking your direct deposit from MoneyLion and provide useful insights on navigating other direct deposit options and troubleshooting common issues.

    Accessing Your Auto Deposit Settings

    To edit or cancel pending or scheduled transfers on your MoneyLion account, you need to access your auto deposit settings. Here’s how:

    Step 1: Log in to your MoneyLion account using your registered email address and password or set up an account if you haven’t already.

    Step 2: Once you are logged in, navigate to your account summary page and click on the “Transactions” tab.

    Step 3: In the list of transactions, locate the auto deposit that you want to modify and select it by clicking on it.

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    Finding the Payment You wish to Cancel

    After accessing your auto deposit settings following the above steps, the next step is to find the payment that you wish to cancel. To do this, you need to scroll through your transaction history until you locate the pending transfer you want to cancel.

    If you have numerous transactions in your account, you can use the search bar found at the top of the list of transactions to input relevant keywords to narrow down the results. You can use keywords such as the name of the sender, reference number, date range, etc.

    Identifying the “Cancel Transfer” Button

    Once you have located the transfer you wish to modify, the next step is to identify the “Cancel Transfer” button. Here’s how:

    Step 1: On the auto deposit settings page, locate the orange circle with two arrows pointing in opposite directions.

    Step 2: Click on the orange circle to expose a few options that should appear just below it.

    Step 3: Look for the “Cancel Transfer” button among the options and click on it.

    Confirming the Cancellation

    After selecting the “Cancel Transfer” button, a confirmation page should appear asking if you are sure you want to cancel the transfer. If you are confident that you want to cancel the deposit, click on the “Yes” option to confirm the cancellation.

    If you’re not sure or you have changed your mind, click on the “No” option to cancel the cancelation and go back to the auto deposit settings page.

    Navigating Other Direct Deposit Options

    MoneyLion provides a variety of direct deposit options that users can utilize to receive and manage their payments and transfers efficiently. Apart from accessing your auto deposit settings, you can explore other direct deposit options such as:

    • Manually adding a deposit: You can add a deposit manually by clicking on the “Add Account” option within your MoneyLion account.
    • Setting up recurring transfers: If you receive payments or transfers regularly, you may set up recurring transfers to minimize the need for constant manual intervention.
    • Scheduling payments: Direct deposit users can schedule future payments and transfers by navigating to the scheduled payments section within their account.
    You may also like:   Can I deposit cash into my MoneyLion account?

    Troubleshooting Direct Deposit Issues

    Despite the convenience and efficiency associated with direct deposits, some users experience challenges when setting up or managing their auto deposit settings. Here are some of the common direct deposit issues that users encounter on MoneyLion and how to troubleshoot them:

    • Incorrect account information: Ensure that you input the correct bank account information to prevent unexpected delays or rejections.
    • Insufficient funds: Ensure that your bank account has sufficient funds to facilitate the deposit or transfer.
    • System glitches: Restart your device, clear cache and cookies or contact customer support if you experience system glitches or errors.

    In conclusion, unlinking your direct deposit account from MoneyLion is a straightforward process that involves accessing your auto deposit settings, locating the payment you want to cancel, identifying the “Cancel Transfer” button, and confirming the cancellation. With the insights and tips provided in this guide, direct deposit users can navigate their accounts efficiently and troubleshoot common challenges.

    Tags:Bank account Direct deposit finance MoneyLion Unlink
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    Tammy Slater
    Tammy Slater

    Tammy Slater is a pet blogger with a Bachelor's degree in Animal Science and extensive experience as a veterinary technician. She is an established authority in the pet blogging community, and her blog, "Paws and Claws," has been featured in numerous publications. Tammy is passionate about educating pet owners and sharing her expertise, which is why she joined Arew.org

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