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On the other hand... I use an online-only bank (Ally) that hasn't enabled phone deposits yet. I've found the Chase app to be pretty lenient about what it accep
by mason55 15y ago
On the other hand... I use an online-only bank (Ally) that hasn't enabled phone deposits yet. I've found the Chase app to be pretty lenient about what it accepts (except for the $2k/day limit). I tried to switch to USAA but found out only vets can use the phone deposit.
The Chase phone deposit app is so convenient for me, even given that I live in NYC where I pass 5 Chase ATMs per day, that I keep an account open with a minimum in it to avoid fees, just so I can use the phone deposit app.
Yes, the ATM deposit might be more convenient, when there are no lines, and the ATM isn't broken, and when I actually have a Chase ATM card, which I don't because I don't use them as my regular bank. If you're trying to min/max your banking experience then the Chase app is pretty nice to use as a funnel for money to other accounts.
- ap3 15y agoAgreed. I keep a Chase account just for the convenience of phone deposits. I have an ATM right across the street and have never used it. Phone deposit has only failed me a couple of times but these seemed like back end type issues, tried again the next day and it worked fine. What other banks allow for phone deposits ?
- ecspike 15y agoI guess it's vets and families because I've had electronic deposit ever since they rolled it out something like 3 years ago. USAA deposit by phone is my only option unless I want to post the check to TX and wait 5 days (USAA has been my only bank since 2006 or so)
- mason55 15y agoWeird. I called to cancel and specifically told them that was the only reason. I would have thought if there was a way they could enable it for me they would have to keep a customer. Of course, I tried to deposit a check via the Chase app while I was typing this and it failed for the first time ever for me.