RentRedi gives you flexibility and control over how quickly your funds are deposited. Whether you prefer faster access to your money or added protection against tenant ACH returns, you can choose the funding timeline that works best for you.
π¦ Faster Funding Time
By default, RentRedi provides quicker deposit times:
ACH payments made before 2 PM EST are withdrawn the same day.
Payments made after 2 PM EST are withdrawn the next business morning.
Funds are typically deposited within 2β3 business days after the tenant initiates payment.
Example: If a tenant pays on Monday before 2 PM EST, youβll usually receive the funds by Wednesday.
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π‘οΈ Optional: Extended Funding Time for More Security
If you'd like an extra buffer to reduce the risk of withdrawals from your account due to failed tenant payments (such as ACH returns for insufficient funds), you can opt for a longer deposit window.
Why choose extended funding time?
ACH returns can take several days to be reported.
A longer funding window gives more time to catch these returns before the funds are deposited.
This minimizes the risk of reversals from your bank account after funds have already been received.
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π§ How to Adjust Your Funding Time
If you're interested in adjusting your funding schedule, reach out to RentRedi's Support team via 24/7 live chat support in your app or at app.rentredi.com. You can also call us at 917-793-6068 anytime Monday through Friday between 9 AM β 5 PM EST.
Weβll help you customize your funding timeline based on your preferences. π