I have to admit it – I had a little iPhone envy the first time I saw a Chase Bank’s Quick Deposit commercial. Being able to deposit checks in the bank without even so much as going to to drive-up ATM is one of the many time saving efforts I think my mobile device should be able to give to me. (Now if only I didn’t have to go to the ATM to get cash!)
Chase Quick Deposit is easy to use in principle. Just endorse the back of your check like you normally would. Log on to the Chase Android app on your mobile phone and click the menu button to pull up more options. Select deposits. Select the account – you can deposit to Checking and Savings accounts and enter the amount of the check. You’re now just two quick camera clicks away from depositing your check. Use the buttons provided to take a snap of the front of the check and another one of the back of the check. Click Next and the images will be uploaded and your check deposited.
While the app is generally pretty easy to use, there are limits on the total amount that can be deposited via Quick Deposit in a day so it won’t work for all checks. Also, the images must be clear – and sometimes the images taken look perfectly clear to me when I upload them, however the app will produce an error message saying that the images aren’t clear enough. Your only option is to take the photos again and try to re-upload. I’ve had a couple of checks that – no matter how clear the images looked to me – they just wouldn’t upload.
Overall, it’s technology headed in the right direction and I’ll keep trying to use it for every check I can.