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The first thing the cycle code tells you is whether you were placed into a daily or weekly batch cycle. Here’s where code cracking comes into play. If your cycle code ends in 01, 02, 03, or 04, you’ve been placed in a daily batch cycle. If your cycle code ends in 05, you’ve been placed in a weekly batch cycle.
If you’re in a daily batch cycle, you can expect to see transcript updates on Tuesdays and updates to your Where’s My Refund status on Wednesdays. If you’re in a weekly batch cycle, you can expect to see transcript updates on Fridays and updates to your Where’s My Refund status on Saturdays.
If you have transaction code 846 on your transcript + your cycle code ends in: You’ll likely receive a direct deposit refund on the next:
01 Monday
02 Tuesday
03 Wednesday
04 Thursday
05 Friday