1 April 2013 Military Pay

It is very early for a “when is payday” post, but the subject has shot up in the searches that come to The Paycheck Chronicles.  I guess early is never early enough.

The next regular, active duty military payday is Monday, 1 April 2013.  When that pay will actually be available in your account depends on the policies and practices of your bank or credit union.  Monday paydays are always a little confusing, so read carefully and let me know if I’ve made any errors.

First, let’s start with USAA.  USAA always releases direct deposited military pay funds one business day early.  That means that USAA customers should see their pay funds deposited sometime on Friday, 29 March 2013.

Pacific Marine Credit Union (PMCU) also offers deposits one business day early and so PMCU customers should also see their pay funds deposited sometime on Friday, 29 March 2013.

Service Credit Union offers deposits “up to two business days early.”  This is not guaranteed and depends on the release of funds from the paying institution.  I’m hesitant to post this, but last time there was a Monday payday (1 October 2012), Service Credit Union released active duty military pay on the preceding Thursday.  DO NOT make any financial decisions based upon the expectation that you’ll be paid on Thursday.

On to Navy Federal Credit Union:  when you will be paid depends on what type of checking account you use for your direct deposit.  Customers who use an Active Duty checking account for their direct deposit will see their pay pending on Thursday, 28 March 2013, to be posted overnight and available for use on Friday, 29 March 2013.  Customers who use any other type of checking account for their direct deposit will see their pay pending on Friday, 29 March 2013, to be posted overnight and available for use on Saturday, 30 March 2013.

Heads up for those of you who like to plan ahead:  1 May 2013 is on a Wednesday.  Even banks who pay early will not pay before the weekend.  If long pay periods are hard for you, start thinking about it now.

What time will you get paid?  Anytime, really.  Don’t panic.  See What Time Will I Get Paid?  for more information.

No pay at all? Check out Why Hasn’t My Pay Been Deposited? to get some ideas about how to track down the problem.

About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.
  • coolie

    does anyone have Wells Fargo? If so, do they deposit Saturday or Monday?

    • Wayno

      They deposit/deduct instantly night and day if you have a debit account with WF.

      • coolie

        what I mean is, do they direct deposit on Saturdays for Monday paydays like NFCU and USAA?

        • Adrian

          For those with Wells Fargo did you get payed today 01APR13 because I have not yet? Just wondering if anyone knows anything why that would happened? Unfortunately DFAS has such a high call volume they won’t even take calls at this time.

          • Steven
  • Kay R.

    I can not see the end of month LES for my husband. He was told by a fellow shipmate that he would begin receiving CPO pay this cycle, could that be the reason there is no LES? I know he will be getting paid, I was just wanting to get my budget together ahead of time since there would be a change in his payment amount. Also we are not PCS’ing until late summer so I don’t think that is the reason. Thanks for any insight.

  • limelight
  • Limelight
  • johnsonfam

    Im not seeing the LES for my husband yet, we are still only showing 3/15 paycheck. Any ideas?

  • Amanda

    Does anyone use BB&T and know if they will post early or just on the first?

  • Joey

    Does anyone know if Bank of America gets paid for military Mar 29th 2013

    • KateKashman

      Joey, I am pretty sure that BofA pays on the actual payday, so Monday, 1 April 2013.

  • jasongoldsmith

    Does anyone know when PNC direct deposits for the military payday?

    • KateKashman

      Jason, to the best of my knowledge, PNC deposits on the correct payday.

  • Randi

    When does wells fargo post theres? Cause i thought everyone was suppose to get payed today cause the 1st falls on a monday

    • KateKashman

      Randi, if payday is on a Monday, you should expect to get paid on Monday UNLESS your bank offers early deposit as a benefit to its customers, or they have some sort of overnight posting like Navy Federal Credit Union. I’m not familiar with Wells Fargos policies, but I’M not aware that they pay early.

  • Rasta

    According to the above article, when the month ends on a Sunday, payday is the Friday before. I called Wells Fargo and I was told I would be getting paid on Monday. I explained to the person concerning the procedure;’ I am very sorry sir there is no deposit pending.” They are holding our monies to garner interest and this must not continue.

    • KateKashman

      I’m afraid you are a bit confused. Active duty paydays are on the first and the fifteenth, unless they fall on a weekend or holiday. Retiree payday is on the first, unless it falls on a weekend or holiday.In that case, it is paid the preceding business day. The first of April is Monday. That is payday. While some banks and credit unions do offer early direct deposit as a courtesy to their customers, not all banks offer that benefit. If you want to be paid earlier, you might want to switch to a bank, such as USAA, that offers early direct deposit. Otherwise, you will have to wait until payday to be paid. Wells Fargo is doing nothing wrong by depositing your pay on payday.

  • Lisa

    My brother is currently on active duty at a military installation in the US. He was supposed to be paid on 1 April and as of today, still has not been paid. Is there a reason for this hold up?

    • KateKashman

      Lisa, your brother needs to find out why he was not paid. He can check his Leave and Earnings Statement to ensure that he had pay due (sometimes people have been overpaid and owe a debt to the government) and to make sure the correct account information is listed for his deposit. If his LES shows pay, and his account information is correct, he should check with his bank to see what has happened on their end. If there is no pay due, or his bank information is incorrect, he should talk to his finance folks to find out what has happened or to fix the account information. In the big picture, there is no reason that your brother should wait nearly two weeks after payday to be taking action. People in his chain of command would be glad to help him sort out a pay problem.

  • Tiffany B

    My wife is in basic right now and her pay dates are 1st and 15. is there something that can be done if it doesnt show up, how long should i wait to contact someone about it? and when i do what should i say or do ?

    Thank you