How to repay your advance? Can you repay early?
The income advance repayment is automatically taken from deposits into your Pockit account (BACs transfers within 30 days of the advance or bank transfers between 3 and 30 days of the advance):
- If you borrowed £50 and have at least £25 in your account, any transfer of £50 or more will repay the advance.
- If you borrowed £100 and have at least £25 in your account, any transfer of £100 or more will repay the advance.
Please note that our partner, SteadyPay, may contact you if you were to fall behind on your repayment in order to establish next steps or explain the repercussions of non-payment.
If you would like to make an early manual repayment:
- open the Pockit mobile app, go to the "More" tab from the bottom navigation and select "Income Advance", then tap "Pay now".
- if you don't have the Pockit mobile app, please contact us.
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