Jan 25, 2014, 11:43 am
Last edit by: ChrisFlyer66
This is a historic thread. Recent discussion on this topic is available here:
http://www.flyertalk.com/forum/manufactured-spending/1819582-banks-allow-money-order-deposits-via-smartphone-atm-2017-a-4.html
Banks that allow Money Order deposits via Smartphone
Allow MO deposits via Smartphone:
Do not allow MO deposits via Smartphone:
Via ATM:
http://www.flyertalk.com/forum/manufactured-spending/1819582-banks-allow-money-order-deposits-via-smartphone-atm-2017-a-4.html
Banks that allow Money Order deposits via Smartphone
Allow MO deposits via Smartphone:
- Simple* (March 2014: People now receiving emails asking source and purpose of MO deposits) (Ref)
15 photo deposit per month and $3000 per deposit (first 5 are limited to $2000). Robust MO reading (Ref) - Citibank (500 first 6 months, 1500 thereafter) Citibank does not allow MoneyGram mobile deposits and most ATMs reject the MO.(Ref)
- SunTrust Only seems to accept WU, posts next day if in before 9pm.
- Everbank ($50K per day total, no check bigger than $50K) (but see report of shutdown
Ref) - Wells Fargo
$2500/day $5000/mo ($1000/day $3000/30days for new accounts < 180 days) (Ref)
user experience: multiple <=$500 (Ref); WU MO (Ref) - DCU
clears immediately (Ref). Very finicky that the MO be filled out completely and the back is endorsed "for deposit only DCU". - UFB Direct
prefers MoneyGram MOs; WU MOs work fine also. (Ref) - USAA (Ref)
No limit known. User experience: $5k/day. Posts instantly. One person reported shutdown after a few months, doing less than 5K mo in MO deposits.(Ref) - Penfed. $5K per day limit. WU works fine. A portion of deposit may be held back for a few days. Doesn't seem to take MG (amount entered doesn't match amount detected error message).
- BB&T. $1,000 per day, $3,000 per month. WU works fine. Doesn't seem to take MG.
- Charles Schwab, depending on account up to 10k/day (While they allow MOs, their app may not be able to read all MOs. MG only work with dark printouts.)
- NorthePointe bank. 10 day hold per new accounts <30 days old.
- Citadel FCU: normally works great with WU, but only do one deposit, small amount first time to test. Increase deposit amount slowly, and do not exceed 2K daily or they may call you and ask what you are doing, or freeze account. Very fraud-conscious at this CU. MO funds avail. within 24 hrs. Apparent $10K/mo limit.
- Clearview FCU
Do not allow MO deposits via Smartphone:
- Bank of America
Not reliable MO reading (Ref)
Effective 2/23 BofA no longer accepts mobile deposits of MOs or TCs. (Ref) - Bank of the West
- Chase
- Fiserv-based credit unions
- Fulton Bank
- Ally
- Capital One 360 (won't accept MO via mail in deposit either)
- Vanguard
- Fidelity MySmart Cash
- Navy Federal Credit Union
- Barclays. The terms state MOs are not allowed. MG worked twice but not again!
- PNC (Ref)
- TIAA-Direct (3 checks per business day, $10K per day) No longer viable after calls by Candy in Sep 2014.
- Eastern Bank. $2500 per day, $7500 per month. Update 3/22/16: Per chat, Eastern no longer accepts MO over Mobile Deposit
- Discover Checking* (NUMEROUS REPORTS MONEY ORDERS ARE NO LONGER ALLOWED)
user experience: <2k (Ref)
?2 days to post (Ref)
?terms do not explicitly state a limit (Ref) - LMCU Will shut down MO deposits for high volume.
- Santander: MG and WU are a no go
- Radius Bank: Mobile deposits no longer allowed
- Amalgamated Bank (cannot deposit MOs via mobile app)
Via ATM:
- Capital One - automatic amount detection (at least for Western Union), posts within 1-3 days
- Chase
about four days to clear (Ref) (Ref) - BoA
may be deposited at ATM (Ref)
(Ref) - Citi
Haven't been able to successfully deposit Western Union but MoneyGram usually works - Citizens: ATM will automatically detect amount as long as ink isn't faded; if read incorrectly or not at all you can manually edit amount
- WF
type in the amounts manually (Ref) - Huntington
- PNC Bank: ATM will automatically detect amount as long as ink isn't faded; told by teller that ATMs have no problems accepting MO deposits
- TD Bank
- USAA
- US Bank, can deposit MoneyGram, but you have to enter the amount manually.
- KeyBank: Will accept Western Union money orders. Refuses to accept MoneyGram (from WM) money orders. Recent 2016 reports of problems and risk of shutdown if going over even just a few thousand a month.
Banks that allow Money Order deposits via Smartphone or ATM(2014-2016)
Jan 25, 2014, 2:52 pm
#17
Join Date: Jan 2014
Location: SEA
Posts: 40
Thanks for the great info for beginner like me ... however can someone tell how to I fill out the $200 MO that i just bought.
Its asking me for
Pay to the Order of -- I guess I need to enter my name here
Payment For / ACCT # Do I need to fill this ?
Purchasers Address - Is this needed ?
Purchasers Signature - Can I make up a signature as It might look like I am paying myself since I sign my name.
Back - Do I need to endorse the MO ?
Thanks for the help ?
Its asking me for
Pay to the Order of -- I guess I need to enter my name here
Payment For / ACCT # Do I need to fill this ?
Purchasers Address - Is this needed ?
Purchasers Signature - Can I make up a signature as It might look like I am paying myself since I sign my name.
Back - Do I need to endorse the MO ?
Thanks for the help ?
Jan 25, 2014, 3:25 pm
#20
Join Date: Jan 2013
Location: LAX, SNA
Posts: 359
I know some banks allow MOs to be deposited via Smartphone, but many times the app is not able to read the amount of the MO and it gets rejected. Have people had different experiences regarding this?
Jan 25, 2014, 4:33 pm
#21
Join Date: Jan 2014
Posts: 18
Have people had different experiences regarding this?
Jan 25, 2014, 4:41 pm
#22
Join Date: Nov 2013
Location: DC/NOVA
Programs: AA Gold, SPG Gold, HHonors Gold
Posts: 192
Deleted
Last edited by picards007; Jan 26, 2014 at 6:31 am Reason: Deleted
Jan 26, 2014, 10:07 am
#24
Join Date: Sep 2011
Location: SFO/SMF
Programs: Holder of six "persona non-grata" awards
Posts: 1,914
Thanks for the great info for beginner like me ... however can someone tell how to I fill out the $200 MO that i just bought.
Its asking me for
Pay to the Order of -- I guess I need to enter my name here
Payment For / ACCT # Do I need to fill this ?
Purchasers Address - Is this needed ?
Purchasers Signature - Can I make up a signature as It might look like I am paying myself since I sign my name.
Back - Do I need to endorse the MO ?
Thanks for the help ?
Its asking me for
Pay to the Order of -- I guess I need to enter my name here
Payment For / ACCT # Do I need to fill this ?
Purchasers Address - Is this needed ?
Purchasers Signature - Can I make up a signature as It might look like I am paying myself since I sign my name.
Back - Do I need to endorse the MO ?
Thanks for the help ?
2. Optional, never required (I write down my bank account number)
3. No address required
4. Sign it yourself, no one cares or reads it anyway
5. Only if you're depositing via ATM or mobile deposit, if you go to your bank in person they may ask you to sign, but not really required.
Jan 26, 2014, 10:59 am
#25
Join Date: Sep 2013
Location: DFW
Posts: 50
UFB Direct allows money order deposits via their smartphone app. When I called in to confirm, I was told that they have an easier time reading MoneyGram money orders (like you'd get at WalMart) than Western Union money orders.
Jan 26, 2014, 11:59 am
#26
Suspended
Join Date: Dec 2013
Posts: 632
Anyone know about Charles Schwab?
Jan 26, 2014, 3:38 pm
#27
Join Date: Feb 2012
Location: Los Angles
Posts: 2,101
I read somewhere AmEX allows for CC payment, anyone has tried?
Jan 26, 2014, 4:29 pm
#28
Join Date: Sep 2013
Location: SNA/LAX
Posts: 1,407
Out of all of the options that have been posted so far, I decided to move my Chase checkingaccount to Simple. Does anyone have any data points on how long it is taking to be "requested as a member"? I'd prefer to do it with an online bank instead of a bank that I have a CC account with or could need in the future for a mortgage, etc.
Jan 26, 2014, 6:45 pm
#29
Join Date: Jul 2013
Posts: 8
This has been my experience with BoA. ATM deposit works because when it can't read the amount it allows you to enter it manually and apparently takes your word for it, presumably until they verify it later. Smartphone deposit, however, has to be able to read the amount, which hasn't worked for the MOs I've tried.
Jan 26, 2014, 7:00 pm
#30
Join Date: Jan 2003
Location: California
Posts: 1,129
There is a thread on FW about a person who got shut down at Schwab along with the rest of the family when depositing lots of free-after-rebate checks. Not the same situation, but obviously they do look for funny business. I don't know specifically if they take MO via mobile deposit.