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)
Apr 5, 2017, 10:35 am
#136
Join Date: Sep 2015
Location: Los Angeles
Posts: 740
I appreciate the advice. I'm not new to the concepts, just never actually done any of it myself. I don't imagine it is going to be THAT hard...
Over 6 months:
Combined goal: 28k
Combine natural spend: 6k
Total MS required: 22k
With that goal in mind, according to this wiki, we can open 2 WF checking accounts and deposit 3k per month (each) from MOs. With perfect throughput that would be up to 36k in 6 months. Am I missing something? MS route I was planning on going was Simon->WM MO->deposit via app at WF.
No I do not use WF for any banking needs so I'm not too worried about burning bridges there I just need them to clear these MOs over the next 6 months.
Over 6 months:
Combined goal: 28k
Combine natural spend: 6k
Total MS required: 22k
With that goal in mind, according to this wiki, we can open 2 WF checking accounts and deposit 3k per month (each) from MOs. With perfect throughput that would be up to 36k in 6 months. Am I missing something? MS route I was planning on going was Simon->WM MO->deposit via app at WF.
No I do not use WF for any banking needs so I'm not too worried about burning bridges there I just need them to clear these MOs over the next 6 months.
Apr 5, 2017, 10:39 am
#137
Join Date: Nov 2013
Posts: 542
Apr 5, 2017, 2:00 pm
#139
Join Date: Oct 2015
Location: BOS, PVD, HYA
Programs: MR, TYP, AA, B6, DL, WN, HH, MB, 2V
Posts: 658
I appreciate the advice. I'm not new to the concepts, just never actually done any of it myself. I don't imagine it is going to be THAT hard...
Over 6 months:
Combined goal: 28k
Combine natural spend: 6k
Total MS required: 22k
With that goal in mind, according to this wiki, we can open 2 WF checking accounts and deposit 3k per month (each) from MOs. With perfect throughput that would be up to 36k in 6 months. Am I missing something? MS route I was planning on going was Simon->WM MO->deposit via app at WF.
No I do not use WF for any banking needs so I'm not too worried about burning bridges there I just need them to clear these MOs over the next 6 months.
Over 6 months:
Combined goal: 28k
Combine natural spend: 6k
Total MS required: 22k
With that goal in mind, according to this wiki, we can open 2 WF checking accounts and deposit 3k per month (each) from MOs. With perfect throughput that would be up to 36k in 6 months. Am I missing something? MS route I was planning on going was Simon->WM MO->deposit via app at WF.
No I do not use WF for any banking needs so I'm not too worried about burning bridges there I just need them to clear these MOs over the next 6 months.
Apr 5, 2017, 4:12 pm
#140
Join Date: Oct 2011
Posts: 4,166
I just got both SPG cards for my wife and myself and have never done any MS before. I need to hit 2k more on a CSP she recently got, 2x 8k for the business SPG, 2x 5k for the personal SPG. That leaves me needing $28k in the next 6k months. It seems like from this thread I'll need to utilize multiple banks since most have relatively low limited over 30 days for new users. Anyone have any Austin specific (or general) advice on how to clear this kind of MS?
Amex has been known to claw back bonuses if you do any MS for the bonus. But as long as you meet spend legitimately you can MS afterwards.
Apr 5, 2017, 4:23 pm
#141
Join Date: Nov 2013
Posts: 542
There is just not way I'll be able to spend 28 naturally even with rent and prepaying. I'm hoping my income being relatively high keeps the pressure off.
Apr 5, 2017, 5:54 pm
#143
Join Date: Jan 2015
Posts: 159
You're the second person to bring this up in different threads that I'm following. Do you have any DPs of people that were ONLY MSing, and didn't sign up for their accounts through the leaked links that weren't supposed to be public? It's my impression that almost all CC issuers have T&Cs that prohibit MS not only on sign-up bonuses, but also on regular points earning. The majority of people that reported claw backs signed up or had something other than just MS going on, from what I gathered.
Apr 6, 2017, 1:03 pm
#144
Join Date: Oct 2011
Posts: 4,166
You're the second person to bring this up in different threads that I'm following. Do you have any DPs of people that were ONLY MSing, and didn't sign up for their accounts through the leaked links that weren't supposed to be public? It's my impression that almost all CC issuers have T&Cs that prohibit MS not only on sign-up bonuses, but also on regular points earning. The majority of people that reported claw backs signed up or had something other than just MS going on, from what I gathered.
Apr 8, 2017, 3:48 pm
#145
Join Date: Mar 2014
Posts: 5
Newbie here -- I'm going to deposit my first two MO via Wells Fargo ATM. What are the steps I need to do as far as filling up the MO is concerned --
1) fill in the From / To. Do I need to fill in the Address also ?
2) Do I need to do anything else ?
One MO is from USPS and another from WM
Additional info : Both MOs are less than $200 -
1) fill in the From / To. Do I need to fill in the Address also ?
2) Do I need to do anything else ?
One MO is from USPS and another from WM
Additional info : Both MOs are less than $200 -
Last edited by infa007; Apr 8, 2017 at 3:49 pm Reason: Amount of MO
Apr 21, 2017, 11:55 am
#150
Join Date: Nov 2012
Posts: 55
I'd love to hear if anyone gets Northpointe to work.