Feb 3, 2017, 11:18 am
Last edit by: vagrants
This is a new thread for 2017. The previous discussion can be found here.
Moneygram does not allow mobile app MO deposit regardless of whether or not the bank allows it. However, this policy doesn't seem to be enforced. You can still deposit via ATM or in person.
Banks that allow Money Order deposits via Smartphone
Allow MO deposits via Smartphone:
Do not allow MO deposits via Smartphone:
Allowed Via ATM:
Moneygram does not allow mobile app MO deposit regardless of whether or not the bank allows it. However, this policy doesn't seem to be enforced. You can still deposit via ATM or in person.
Banks that allow Money Order deposits via Smartphone
Allow MO deposits via Smartphone:
- BB&T. $1,000 per day, $3,000 per month. WU works fine. Doesn't seem to take MoneyGram.
- 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.)
- 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.
- Citibank (500 first 6 months, 1500 thereafter) Citibank does not allow MoneyGram mobile deposits and most ATMs reject the MO.(Ref)
- Clearview FCU
- DCU - works, reports of shutdown for MS specific behavior (depositing Money Orders) start in March 2017 (Ref, Ref, Ref posts 99 and onward)
clears immediately (Ref). Very finicky that the MO be filled out completely and the back is endorsed "for deposit only DCU". - Everbank ($50K per day total, no check bigger than $50K) (but see report of shutdown
Ref) - NorthePointe bank. 10 day hold per new accounts <30 days old.
- 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).
- 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) - SunTrust Only seems to accept WU, posts next day if in before 9pm.
- United Bank
- UFB Direct
prefers MoneyGram MOs; WU MOs work fine also. Will Shut down. (Ref) - USAA (Ref)
May be limited to $1k/day available immediately (Ref), with remainder held for 1 week. User experience: $5k/day. One person reported shutdown after a few months, doing less than 5K mo in MO deposits.(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)
Do not allow MO deposits via Smartphone:
- Ally
- Amalgamated Bank (cannot deposit MOs via mobile app)
- Aspiration
- 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
- Barclays. The terms state MOs are not allowed. MG worked twice but not again!
- Capital One 360 (won't accept MO via mail in deposit either)
- Chase
- 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)
- Eastern Bank. $2500 per day, $7500 per month. Update 3/22/16: Per chat, Eastern no longer accepts MO over Mobile Deposit
- Fidelity Investments - no MO's accepted at all
- Fiserv-based credit unions
- Fulton Bank
- Huntington Bank
- LMCU Will shut down MO deposits for high volume.
- Navy Federal Credit Union
- PNC (Ref)
- Radius Bank: Mobile deposits no longer allowed
- Sallie Mae (actually, does not accept money order deposits at all)
- Santander: MG and WU are a no go
- TD Ameritrade: doesn't take MO period. Not by app, mail, or in person.
- TIAA-Direct (3 checks per business day, $10K per day) No longer viable after calls by Candy in Sep 2014.
- Vanguard - No MO's accepted at all
Allowed Via ATM:
- BoA - may be deposited at ATM (Ref)
(Ref) - Bank of Oklahoma (BOK)
- Cambridge Savings Bank (Boston MA area) - accepts MoneyGram at ATM, haven't tested others yet, fund post in 1-2 business days, automatic detection doesn't usually work (have to edit the check amounts) (ref)
- Capital One Bank/360 - automatic amount detection for Western Union, posts within 1-3 days; Auto detects MoneyGram if the ink is dark enough, available next 1-3 days (Mar 17 Ref); USPS accepted, but not auto detected, available 1-3 days (Mar 17 Ref).
- Chase - about four days to clear (Ref) (Ref). Cleared next day.
- Citi
Haven't been able to successfully deposit Western Union but MoneyGram usually works. No longer works, have to deposit with teller. - 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
- Huntington - Since the ATM upgrade, WU MO gets rejected. Needs to be deposited with teller.
- 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
- M&T Bank -- can deposit MoneyGram, but you have to enter the amount manually.
- 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
- Santander - ATM accepts MoneyGram, often need to edit the amount. Reports of locked funds, YMMV. (ref)
- TD Bank
- USAA
- US Bank, can deposit MoneyGram, but you have to enter the amount manually.
- Webster Bank - accepts MoneyGram, need to enter amount manually, funds available next day (Ref), same with USPS Money Orders (Ref) and Western Union
- Wells Fargo accepts MoneyGram
- going over even just a few thousand a month.
Banks that allow Money Order deposits via Smartphone or ATM(2017-onward)
Jan 23, 2019, 3:47 pm
#378
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
FWIW I always deposit with a teller. Enough bank errors from ATM deposits have me stayed with teller deposits from day one. Whether the bank closes your account or not, has not had relationship whehter you made the deposit with the teller or with the ATM. In fact in the old days when branches still had some say, deposits with tellers actually had advantages. Nowadays everything is handled by algo backend. it makes no difference how you deposit it but with a teller at least when things go wrong, i.e. missing or reversed deposits, it is a lot easier to trace and to correct mistakes.
Feb 23, 2019, 11:36 am
#381
Join Date: Mar 2011
Location: SAN
Programs: Delta Gold. Hilton Diamond. Hyatt Explorist.
Posts: 1,672
posts moved
Some posts about a Wells Fargo shutdown for making deposits with a teller were moved to the 2019 shutdown thread.
2019 Shutdown Thread
2019 Shutdown Thread
Feb 24, 2019, 9:13 pm
#383
Join Date: Apr 2007
Posts: 1,857
I'm just getting started with MOs (I've done lots of MS in the past, but it's been a few years). Two questions:
1. I'm guessing common wisdom is to avoid using a bank that already has accounts that you care about for MO deposits? Primary checking/savings, mortgage, etc.?
2. There's lots of good info in the wiki, but is there a bank (or a few of them) that are somewhat agreed upon to be best/most reliable at this point? I would be doing no more than 2-3k/month.
1. I'm guessing common wisdom is to avoid using a bank that already has accounts that you care about for MO deposits? Primary checking/savings, mortgage, etc.?
2. There's lots of good info in the wiki, but is there a bank (or a few of them) that are somewhat agreed upon to be best/most reliable at this point? I would be doing no more than 2-3k/month.
Feb 25, 2019, 8:05 am
#384
Join Date: May 2017
Location: USA
Posts: 207
I'm just getting started with MOs (I've done lots of MS in the past, but it's been a few years). Two questions:
1. I'm guessing common wisdom is to avoid using a bank that already has accounts that you care about for MO deposits? Primary checking/savings, mortgage, etc.?
2. There's lots of good info in the wiki, but is there a bank (or a few of them) that are somewhat agreed upon to be best/most reliable at this point? I would be doing no more than 2-3k/month.
1. I'm guessing common wisdom is to avoid using a bank that already has accounts that you care about for MO deposits? Primary checking/savings, mortgage, etc.?
2. There's lots of good info in the wiki, but is there a bank (or a few of them) that are somewhat agreed upon to be best/most reliable at this point? I would be doing no more than 2-3k/month.
I've also heard BMO Harris and PNC thrown around.
Feb 26, 2019, 11:40 am
#386
Join Date: Apr 2007
Posts: 1,857
Also, it looks like you can do more at WF if you've got multiple accounts (checking, savings, business). But I'm still new to this, and haven't fully confirmed that yet.
Feb 26, 2019, 10:35 pm
#387
Join Date: May 2016
Posts: 41
Check the link inChrisFlyer66's post about 5 above this one. It looks like they were also using ATM and/or teller to hit that number.
Also, it looks like you can do more at WF if you've got multiple accounts (checking, savings, business). But I'm still new to this, and haven't fully confirmed that yet.
Also, it looks like you can do more at WF if you've got multiple accounts (checking, savings, business). But I'm still new to this, and haven't fully confirmed that yet.
Mar 3, 2019, 6:11 pm
#388
Join Date: Mar 2019
Posts: 18
Umpqua - mobile MO for 1k deposited within a day for the full amount. 5k/day 10k/week limits.
Edit: Weird, I just tried again and it didn't work this time. Same amount, same Walmart, same everything.
Edit: Weird, I just tried again and it didn't work this time. Same amount, same Walmart, same everything.
Last edited by yaji; Mar 5, 2019 at 7:11 pm
Mar 4, 2019, 1:34 pm
#389
Join Date: Oct 2018
Posts: 8
Aspirations summit checking account works for mobile deposuts of MG MOs. Have not tested WU yet but assumed to work as well. May want to add that to the list. Deposited a 999.12 MO on 3/1 and it cleared. A 5 business day hold is placed on all checks within the first 30 days of acct opening. After that all checks are supposed to clear within 1 business day.
Also to be clear aspiration has two different kinds of accounts, the old one where they partnered with radius bank and their new one run bu just themselves. This new one works for MO deposits but the radius one does not.
Alliant CU also works for mobile deposit of MG MOs. All WU MOs up to 1K per business day have cleared for me instantly.
Also to be clear aspiration has two different kinds of accounts, the old one where they partnered with radius bank and their new one run bu just themselves. This new one works for MO deposits but the radius one does not.
Alliant CU also works for mobile deposit of MG MOs. All WU MOs up to 1K per business day have cleared for me instantly.
Last edited by stealthyMSer; Mar 4, 2019 at 1:44 pm