DoorDash Fast Pay is a feature from DoorDash that allows you to cash out your earnings daily. DoorDash normally pays Dashers every week, but if you need to, you can use DoorDash Fast Pay and get access to your earnings immediately in exchange for a small fee.
I generally don’t recommend using DoorDash Fast Pay if you can help it, but if you’re in a pinch and need your earnings sooner, it’s nice to have this option.
In this post, I’ll go over how DoorDash Fast Pay works and whether it’s a feature you should use.
How Does DoorDash Normally Pay?
DoorDash offers two payout methods for Dashers. The first is the normal payout method, which pays weekly and doesn’t cost anything. Every Monday, DoorDash will pay out your earnings for the previous week. Depending on your bank account, you’ll likely see your payout either the same day or within a few business days. I use Lili as my gig economy bank account, so my DoorDash payouts always appear on Monday – the same day that they are sent.
If the weekly payout method doesn’t work for you, you can also opt to use Fast Pay and cash out your earnings immediately. Fast Pay does come with a small fee (more on that below), but it can be worthwhile if you need access to your money immediately.
What Is DoorDash Fast Pay?
DoorDash Fast Pay is a feature DoorDash offers that allows Dashers to cash out their earnings daily. Rather than waiting for your earnings to be sent on Monday, you can get your earnings deposited into your bank account immediately, up to once per day.
In exchange for this benefit, DoorDash charges Dashers a $1.99 fee each time you use Fast Pay. Depending on how much money you’ve earned, that can either be a small percentage or a big percentage of your earnings.
An example may help you understand it. Say you earned $100 on Monday and $100 on Tuesday. That means you could use DoorDash Fast Pay and cash out $200 of your earnings. You’d pay a $1.99 fee to use Fast Pay, so you’d end up with $198.01 deposited into your bank account.
DoorDash Fast Pay Requirements
There are several requirements you must meet before you are eligible to use DoorDash Fast Pay. At the outset, you have to add your debit card information to the app to use Fast Pay. That’s because Fast Pay sends the money to your debit card, rather than to your bank account. This is what allows you to get your money immediately.
Below is a screenshot of the Fast Pay setup screen in the Dasher app.
In addition to linking a debit card, you also have to meet the following requirements:
- You’ve completed at least 25-lifetime deliveries
- You’ve been on the DoorDash platform for at least two weeks (14 days) since activation
- You set up Fast Pay and added your debit card at least 7 days ago, so the 7-day processing period is no longer in effect
- You haven’t updated your debit card information within the past 7 days (including re-entering your debit card information)
The reason DoorDash has these requirements is to limit new Dashers from using Fast Pay and to prevent fraud. The 25-lifetime deliveries and two-week requirement are simply in place so that new Dashers don’t use Fast Pay. I’m not sure why they don’t want new Dashers using Fast Pay, but that’s the requirement they’ve put in place there.
The waiting period after adding your debit card information is there to prevent fraud. In the past, scammers and thieves would trick Dashers into giving them their login information (usually by pretending to be a DoorDash employee), then log in to their account, change the debit card information, and then quickly cash out the earnings to their debit card. This was a massive problem for a while.
The 7-day waiting period helps prevent this scam from happening. If someone does get access to your Dasher account, the waiting period should allow you to cancel the Fast Pay request before your earnings are stolen.
How To Use DoorDash Fast Pay
Now that you understand how Fast Pay works, here are the directions on how to use Fast Pay.
First, you need to set up Fast Pay. To do that, go to the Earnings tab in the Dasher app, then in the top right corner, you’ll see an icon that looks like a bank. Click this icon and it’ll bring you to the Payout Methods screen. You’ll then click the “Learn More” button in the Fast Pay section.
From here, you’ll need to enter your debit card information. This is the debit card that you’ll use for your Fast Pay earnings. Once you do that, this will give you access to Fast Pay.
Once your Fast Pay is active, you can cash out your earnings by going to your earnings screen and clicking Deposits and Transfers. From there, you’ll see an option to cash out using DoorDash Fast Pay.
Remember that it costs $1.99 each time you cash out with Fast Pay, so think about whether you need to use it before you cash out.
DoorDash Fast Pay is an option you can use if you’re in a pinch and need access to your earnings immediately. After all, it is your money, so you should be able to get it when you need it.
However, I generally don’t recommend using Fast Pay because I don’t think it’s a good idea to pay fees to get your own money. Even a small fee isn’t worth it to me – I work far too hard to give my money away to someone else.
That being said, if you do need the money right away and the $1.99 fee is only a small percentage of the total earnings you’re cashing out, then using Fast Pay is fine. I’d aim to keep your percentage fees lower than 1%. But ideally, if you can help it, wait until DoorDash pays on its regular pay schedule (every Monday).
Another option that’s potentially better is to sign up for DasherDirect, if you are eligible for it. DasherDirect is a prepaid debit card offered by DoorDash. It’s free and allows you to cash out your earnings each day for free. That’s preferable to using Fast Pay. Here’s a post I wrote about DasherDirect if you want to learn more about it.
I hope that information was helpful. If you have any questions or comments, please drop them below.