Jan 25, 2014, 11:43 am

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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:

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)

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Mar 12, 2016, 11:50 am

#1006

CFFrost

Join Date: Mar 2012

Location: SAN

Posts: 1,396

Hey all -

Just a heads up I just got an email on my schwab account "following a review of your account activity, we've deactivated your schwab bank mobile deposit service." I got a duplicate e-mail for the bank account and the brokerage account. I never did any mobile deposit to the brokerage account, only the bank account - so they clearly decided to just shut it down for all of my accounts.

I've been running maybe about $10k/month through schwab. Gonna lay low for a bit and hope they don't shut down the account outright. I like having the account for when we travel for free atm withdrawals. At least as it is I can still transfer money to the account before we travel.

Looking for a replacement - I can still deposit to B of A through ATMs but I can't transfer all of my activity to that account for fear of losing that one as well. Lately I've been running about 50% of my total MO activity through each of those two accounts.

Mar 12, 2016, 12:14 pm

#1007

fliesdelta

Join Date: Jul 2012

Location: RDU

Programs: DL(PM), UA(Silver), AA(EXP) Marriott(Ti), HH(Gold), Hertz(PC)

Posts: 2,669

Quote:

Originally Posted by cdog999

<5K a week. Been trying to spread the love. Its really going to be tough now unless I start utilizing mail in options

. Ally is going to be my first one I try. Anyone have any experience with mail in?

Not mailing in, but so far Simple hasn't shut me down for depositing relatively modest amounts ($2K/month spread about evenly every week) of MOs using the mobile phone app. I also have $50 deposited every other week from my paycheck as DD. In turn, I pay various bills: utilities, sometimes CC's, etc.

Mar 15, 2016, 4:31 pm

#1008

isriam

Join Date: Jul 2015

Posts: 287

Simple rejected my mobile deposit with USPS MO.

Mar 15, 2016, 6:19 pm

#1009

cdog999

Join Date: May 2015

Posts: 1,066

Quote:

Originally Posted by fliesdelta

Thanks for the info. I'm thinking of opening one just to test it out. But, I would need like 100 of these accounts at my current deposit rate lol.

What do people actually say when someone asks about the source of funds and the purpose?

Mar 15, 2016, 7:51 pm

#1010

isriam

Join Date: Jul 2015

Posts: 287

Quote:

Originally Posted by cdog999

I tested simple with a USPS MO today and it failed so have a backup plan.

Mar 16, 2016, 8:51 am

#1011

ericliujian

Join Date: Jan 2013

Posts: 340

Does Huntington bank atm really accept money orders? I tried to use the atm to deposite two WU money orders bought from kroger , both returned.

Mar 16, 2016, 10:28 am

#1012

lumangoy

Join Date: Sep 2014

Posts: 1,837

Quote:

Originally Posted by ericliujian

Does Huntington bank atm really accept money orders? I tried to use the atm to deposite two WU money orders bought from kroger , both returned.

WU MOs were accepted. Be careful with Huntington, my accounts where shutdown.

Mar 17, 2016, 8:59 pm

#1013

CFFrost

Join Date: Mar 2012

Location: SAN

Posts: 1,396

If anyone is willing to PM me an account they have had good success with decent volume (10-20k / month) that accepts mobile deposit, it would be appreciated. I realize I'm asking a lot . . .

Mar 17, 2016, 11:16 pm

#1014

Shore

Join Date: Mar 2016

Posts: 2

20k+ volume

Quote:

Originally Posted by CFFrost

If anyone is willing to PM me an account they have had good success with decent volume (10-20k / month) that accepts mobile deposit, it would be appreciated. I realize I'm asking a lot . . .

Ditto! Any leads (especially here in California) are greatly appreciated! Thanks everyone for the help.