This article will show you exactly how to deposit a check into your Chime account if you already have one. As a result, Chime has made it quick and convenient for customers to make deposits using their mobile app (also known as a “picture check deposit”).
Chime mobile check deposit time, restrictions, cut-off time, and whether the Chime mobile check deposit is instant are all covered in this post.
For internet-savvy millennials, Chime, which provides an online-only banking service (free of most costs) is one of the most popular banking solutions.
In the old days, depositing checks meant going to the bank and standing in long lines to do so. Another time-consuming method is to mail the check, which is also an option.
But Chime’s mobile check deposit service allows you to deposit your checks from the convenience of your own home.
How do I use Chime to make a deposit? Using the Mobile Check Deposit Option in the Chime App, you can upload your check for deposit by taking a picture of it.
Take a look at the bottom of the Chime app and tap on “Move Money” to access the “Add Funds” area, where you’ll see the option to deposit checks through mobile.
The check deposit feature on Chime is only automatically enabled if you have received a minimum of $200 Payroll direct deposit into your Chime account.
This detail should not be overlooked. It becomes active 30 days after a direct deposit is made (however, some old users may still have it on anyways)
Depositing a check with Chime is a simple process, and we’ll walk you through it.
Check Deposit with Chime: A Step-By-Step Guide
Touch on the “Move Money” option at the bottom of your Chime Mobile App. Then, tap on “Add Funds.”
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To deposit a check, select the “Mobile Check Deposit” option (the camera icon).
The next step is to decide on the type of account into which you’ll be making the deposit (checking or savings)
After that, you’ll be prompted to input the amount of the check.
It is a good idea to add “For deposit only” under your signature on the back of a paper check so that if the check doesn’t get accepted at Chime and you opt to deposit at another bank, you won’t have any issues.
You now need to take a picture of both the front and back of the check with your phone’s camera. To avoid rejection, make sure the image is clear on all sides. Take a look at your camera’s lens if the picture appears hazy or fuzzy.
Also, confirm that the illumination is adequate so that your camera can capture the fine details of your inspection. Even the back of the check’s details should be legible.
Once the photos have been captured, review the deposit information, such as the amount and account number.
Reconfirm the down payment.
Here are a few things to remember:
Check deposits can be found in your pending transactions after they have been submitted. When a check is placed in pending status, it will take Chime a few hours to decide whether or not to accept it.
Are Deposits Made Through the Chime Mobile Check Deposit Process Immediate? with Chime, how Long Is It to Deposit a Check
It can take up to three business days for a Chime mobile check deposit to show up in your account balance. Once accepted, it is normally credited within 24 hours of that.
As a result, if you deposit a check before the deadline but it is not a weekend or a holiday, the funds will be available the following business day.
However, for some high-value checks, the processing time may be longer, depending on the party who issued the check.
The turnaround time for printed payroll checks is typically faster. In some situations, it may even be done the same day as the transaction.
Chime tells you how long it will take for the funds to appear in your account after you deposit the check.
If you need to deposit a check right away, Venmo, which charges a small fee, can be a good alternative. Using Venmo to cash a check is explained in-depth in a blog article I’ve written.
Cut-Off Time for Check Deposits, Anyone?
In most cases, the next business day is the day after the deposit of a check made before 5 p.m. Eastern Time.
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A check that is received after 5 p.m. on a given day is submitted the following day and cleared the following business day, because of this rule.
Cashier’s Check Deposit Limits
Check deposits are restricted to a total of ten per month and a total of $2000 per check.
Checks can be refused if the information on the check or the payer cannot be verified. You can call the Chime helpline if it hasn’t appeared on your account in 24 hours.
Consider Ingo Money App in the event that you cannot deposit a cheque with Chime even after checking with Chime Support.
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