Your ExtraCash™ settlement is authorized as a one-time payment, so it isn't eligible for revocation or cancellation. We understand that life happens, so don't worry, we never charge late fees.
Here's a bit more detail on how ExtraCash payment authorization works
You might be familiar with cancellation rights for recurring payments, like a monthly subscription for a streaming service. Those rights are in place for what are legally called preauthorized electronic transfers, or payments that are scheduled to happen on a repeating basis, under the Electronic Fund Transfer Act (EFTA).
An ExtraCash™ transfer is different because each time you request ExtraCash™, you provide a new, single authorization for us to settle that specific amount on your agreed-upon date. Because it's a one-time transfer, it's not covered by the EFTA.
If your settlement doesn't process on the scheduled date, the Balance Settlement feature of your ExtraCash™ account allows us to collect the balance over time in smaller transfers until your balance is settled. You can find more details on this in your ExtraCash™ Account Deposit Agreement and Disclosures.
What if I don't have enough on my settlement date?
Don't worry, we've got your back. We understand that things don't always go as planned. Dave doesn't charge any penalties or late fees for settlement. If there aren't enough funds available to cover the full amount on your settlement date, we'll simply attempt additional partial transfers to settle over time.