Your pay,
any day
If your employer uses Employment Hero, you get to choose when and how you get paid. You can access your money as soon as you’ve earned it. No more waiting for payday.
The way most people get paid is broken.
We live in a world where you can get lunch, books, groceries —even a personal driver —delivered to your door in minutes. So why do we still need to wait weeks to get paid for the work we’ve done that day?
The way most people get paid is broken. It’s not your employer’s fault, it’s just that payroll hasn’t changed to match our modern lifestyles.
Sometimes, bills fall right before payday, or an emergency expense needs to be paid right away. If you’re struggling to bridge the payday gap, turning to credit services or payday loans can hit you with a +200% effective interest rate per annum.
At Swag, we asked a simple question: Why shouldn’t you have instant access to the pay you’ve earned, for the hard work you’ve done each day?
A better way to get paid.
Enter Earned Wage Access (EWA): our solution to help you access your wages as soon as you’ve earned them. Since it’s money you’ve already earned, there’s no credit, interest or hidden costs.
EWA is built to suit your life. With it, you can access up to $1,000 of your pay each week on-demand. Perfect for one-off bills, emergency expenses and when you’re trying to avoid digging into your savings. Say goodbye to steep credit card and buy now, pay later fees!
Or, choose to access your pay daily and get your money streamed into your account as soon as you earn it each day. Sit back and watch your money grow, put it towards extra mortgage payments, invest it or save it. The choice is yours.
How does it work?
- Head to the Income tab of the Swag app.
- Choose whether you want to withdraw an available balance now, or schedule your pay to hit your account at a certain balance, or every day.
- For instant withdrawals and balance-based payment scheduling; you can access up to $1,000 of your earned wages per week for a small processing fee of 1.5%.
- For daily payment, you can access up to 50% of your earned pay every day for a monthly fee of $9.99.
- Your wages will instantly be available in your chosen account (and you won’t have to live off rice and beans ‘til the end of the month).
For on-demand access to your earned wages, head to the Income tab of the Swag app today.
How do people use EWA?
Sarah works in Retail, which means she gets paid fortnightly for the shifts she’s done in that period. She uses EWA to get her money streamed directly into her account after each shift.
Because she can see her money in real-time, she can pick up extra shifts if she needs to boost her savings that week.
Others use EWA to:
- Pay bills as soon as they arrive to avoid late fees
- Make additional repayments on their mortgage to pay it off faster
- Invest their money daily to accrue more interest
- Save up for that special something 👀 sooner
Avoid loans
“Being paid monthly means some direct debits would be due before my pay would come in. Using (EWA) meant that I could cover my food shopping, car services, medical appointments when they would occur shortly before my pay would arrive and I did not want to use the short-term loan services.”
*Images are for illustrative purposes only
Save money
“I use it weekly to assist with bills and other everyday expenses. I have been financially struggling for a while and this has been great to assist me. It has helped with my mental health knowing that I can access my money earlier and not stress about being short on expenses. I am also a bad saver and this also helps me save money.”
*Images are for illustrative purposes only
Make investments
“It makes life easier especially if you are falling short on the month. With inflation and everything going on – it has helped with my portfolio for investments on some short-term positions.”
*Images are for illustrative purposes only
Spend, save, invest: it’s your choice
EWA gives you control over your finances. You get full transparency over your earnings in real-time, so you can see your financial position at a glance. Need to take an extra shift this week? Or want to put a little extra towards savings? You make the call.
Take control of your pay.
With Earned Wage Access, you get control over how you get paid. Access it on-demand, when you need it most. Want to see how it works? Download Swag today.
