Making a mobile deposit is one of the easiest and straight-forward ways of paying your check.
And in todays segment I’ll be telling what Chase mobile deposit limit is, and how to make your chase mobile deposit. Stick around to find out.
What is the Chase mobile deposit limit?
The Chase deposit limit for all customers used to be $2,000 daily limits and $5,000 with a 30-day roll, but Chase recently increased the limit so if you are using the chase QuickDeposit app the limits and now $10,000 daily and $25,000 in a ruling 30-day.
And if you have a check scanner the limits assets for 250,000 daily and 500,000 in a rolling 30 day period
Now you know what’s the chase bank mobile deposit limit is wouldn’t you like to know how to make a mobile check deposit with chase bank?
How to make a mobile check deposit
Making a Chase mobile check deposit it’s pretty easy and straightforward.
All you need to do is follow the steps below to make your mobile check deposit
1. Login to The Chase QuickDeposit app with your username and password.
2. Choose “deposit checks” from the navigation menu in the app.
3. Select the account where you want to deposit the check.
4. Enter the amount of your deposit. Make sure to cross check the number you input and pay close attention to the placement of decimal points to avoid any mistakes.
5. Click on “front” and take a picture of the front of the check and repeat the process to take a picture of the back of the check with your endorsements (signature).
Make sure you endorse the check correctly.
6. Verify the information and submit the check deposit.
7. Once you submit the deposit, you should receive two emails from Chase.
The first email confirms the deposit you made by sending you a receipt, and the second let you know when deposit has been accepted and processed.
If there is a problem with the deposit, Chase bank will send you a separate email that explains what the problem is and why the deposit was rejected.
Now as simple as making a mobile deposit seems, it still has its pros and cons and I’ll be discussing them below.
Advantages Of Chase Mobile Deposit Limits
• Security: your password check deposit data and images are not stored on this device.
• Convenience: you can deposit a check wherever you are.
This saves you the stress of having to visit any chase Bank branch or ATM to perform this transaction.
All you need is your smartphone or tablet.
• Accessible: The Chase QuickDeposit is very accessible because it is available for download on all Android and iOS devices.
Disadvantages Of Chase Mobile Deposit Limits
1. You always need to keep the copies of paper checks until you have confirmed that the deposit are accepted.
You still have to keep track of the deposit. Now that seems stressful.
2. You must have a smartphone with at least 4 megapixels rear-facing camera to use the mobile check deposit.
Always keep the paper check until you have confirmed and have seen the funds in your account just in case something goes wrong.
Once you have confirmed that the money is in your account, it is recommended that you destroy the paper check immediately.
But I would advise you to consult a tax professional or your lawyer to see if there is a reason to keep your check.
If they tell you to go ahead, then make sure you shred the check before throwing them into the trash.
Please share your thoughts in the comments section, and share with your family and friends.