We get it - sometimes waiting the typical 5-7 business days for a payment to process isn’t ideal for many landlords. That’s why we introduced TurboPay!
Set up TurboPay for $29.99/year and we will make sure all your payments hit your account within 3 business days. It's as simple as that - no need to pay per lease or per property.
How it works
ACH payments take 3-5 days to be successfully debited from the renter’s account, and an additional 2 days for the funds to be deposited into your bank account. We realize this timeline isn't always ideal for landlords, so with TurboPay TurboTenant will deposit the funds to your account within 3 business days. We do this by transferring the funds to you right away, instead of waiting 3-5 days for the funds to clear, meaning you get your money sooner.
Occasionally payments won’t clear after a deposit has been made, and if that’s the case you will be notified. Read more about how we handle payments that don't clear here. You can change your plan anytime in the payment settings section of your TurboTenant account.
Payments process on business days only. See a list of bank observed holidays here.