Most, if not all, non-Bank ATMs do not accept cash or checks for your account.
That is the last reason I also keep my Cap1 360 account as I can use my debit card and deposit cash and/or checks at the ATM as if it was a regular Capital One Bank Checking/Savings account.
Originally Posted by
kayanco
How do you deposit cash to Fidelity, Schwab or Capital One if there's no branch near you?
I got some cash back at the grocery store today, but soon realized that I didn't need it. As I exited, right next to the grocery was a national bank's branch. And I thought: If I had an account here, I could easily deposit the cash in my account; so his "might" be a limitation of Schwab, Fido and Cap One.
Is there a free way to do so?
Google tells me that some ATMs accept cash deposits? Has anyone tried this? Is it free?
Also, sounds like you could reload a prepaid debit card (with the cash) at some store and then transfer the money to your online-only bank? Is this free?
Thanks.