Paper checks are still here and they aren’t going away anytime soon. For that reason, many traditional and digital banks have made use of their mobile apps to make life easier for their customers and deposit paper checks remotely. Show
Is Chime one of them? Can you deposit a check on the Chime app? You can easily deposit paper checks via the Chime app by using the mobile check deposit feature and taking a photo of the check. It’s free and there are no fees associated with depositing the check. Seems easy enough, but you have to be aware of some of the criteria for mobile check deposits to work properly. Keep on reading to find out what the requirements are.
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Get Started As a banking affiliate, I get a commission at no cost to you if you decide to sign up through my links How to Deposit Checks on ChimeDepositing paper checks using Chime’s Mobile Check Deposit feature is straightforward and can be even if you aren’t tech savvy. Simply follow these steps to upload photos of your check:
Check Photography TipsAlthough uploading and depositing a paper check via the Chime app is easy enough, here are some tips on how to make the process as painless as possible.
The types of checks that are most likely to fail to deposit are the ones with textured or patterned backgrounds. READ ALSO: The 7 Online Banks Like Chime (Chime Bank Alternatives) Who Can Deposit Checks on Chime AppNot everyone is qualified for Chime check deposits. The company will determine whether or not you can use the Mobile Check Deposit feature based on the following:
An example that illustrates who can use check deposits is if you’ve received a direct deposit of at least $1 from your employer, payroll provider, gig economy payer (Uber, Doordash…), or government benefits (including Child Tax Credit incomes). Employer and payroll provider and government benefit deposits must be received as ACH transfers. While gig economy incomes can be either ACH transfers or OCT. The Mobile Check Deposit feature in your app will be enabled one day after you receive your qualifying deposit. Interestingly, tax refunds don’t count as qualifying direct deposits for some reason. What Types of Checks Can be Deposited With Chime?Chime’s Mobile Check Deposit will only work checks that:
In short, only a US paper check not previously deposited and that isn’t a copy, wasn’t abused or altered, and that isn’t older than six months can be deposited. READ NEXT: How Does Chime Make Money? | Over $200 Million Revenue What Kinds of Checks Aren’t SupportedThere are some types of checks that won’t work with Chime’s Mobile Check Deposits. They include:
What if my Check Gets Denied?Even if you follow all the instructions and have a valid check, it may be rejected for a number of reasons. In that case, you’ll get a push notification and an email with more details. You may also be able to resubmit your check again. How to Endorse a CheckEndorsing a check is easy enough and here are some tips on how to do it properly in order to reduce delays and protect yourself against fraud:
Are Chime Mobile Check Deposits Safe?Mobile check deposit is as safe and secure as any different online or mobile banking app and tool.
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Get Started As a banking affiliate, I get a commission at no cost to you if you decide to sign up through my links Banks and financial companies adhere to strict laws regarding security however, the security breach often happens on the client side. For that reason, to make mobile check deposits safer, you have to keep your private information safe and beware of scams. Do NOT use public WiFi when accessing and using your mobile banking app. Use unique passwords and try to change them regularly. Don’t leave your smartphone unblocked and unattended and lock it using a passcode, pattern, fingerprint, or facial recognition. READ ALSO: Payday Loans That Accept Chime [The 6 Best Apps] Are Chime Mobile Check Deposits Available Instantly?Chime’s Mobile check deposits are usually pending verification when you upload them and aren’t cleared straightaway. However, sometimes they are instantly placed into your account. There’s no way of knowing beforehand. A standard reason for delays is if you deposited your check too late in the day and missed the cutoff time. In that case, you might have to remain patient for an extra business day for the check to clear. It’s also not uncommon to wait for your check deposit from two to five business days. It all depends on your relationship with Chime and the availability of their funds. How Long Should I Keep my Paper Check?Depositing checks via Chime’s app is super-fast, however, don’t trow the paper check away too soon. It’s best to keep the physical check for at least 10 days to ensure the money is properly deposited into your Chime account. If you throw away the check too early and the company (Chime isn’t a bank) asks you questions about the check and you don’t have it anymore, it could lead to difficulties. Can You Send a Check Using Your Chime Account?You can send checks from your Chime account. All you have to do is to:
The service is free and there’s no limits to the amount of checks you can send. They usually arrive anywhere from three to nine business days. ConclusionTo deposit a check with Chime entails opening the Chime app and choosing the Mobile Check Deposit option. After that, it’s as easy as taking a photo with your phone. Literally! Adrian Volenik( Chief Editor ) Adrian Volenik is a fintech enthusiast who loves testing and reviewing digital banking apps and financial products in general. How many digital banking accounts can one man have? Not enough, if you ask Adrian. As his wallet will soon explode if he doesn’t cut back on the number of cards. |