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Anyone Know Of A Rewards Checking Without ACH Deposit Requirement?

Tuesday, May 3, 2011 - 12:47 PM
Apologize if this question has already been asked...I am self employed performing project based work (read: income some months, no income other months) which makes it difficult for me to set up a recurring ACH deposit.  Anyone know of higher interest checking accounts out there that do NOT require the ACH deposit?  Thanks so much, GES
3
ges74ges742 posts since
May 3, 2011
Rep Points: 11
1. Tuesday, May 3, 2011 - 1:11 PM
My understanding from other posts, is that some banks will honor bank transfer deposits as a fulfillment of that requirement. I don't think all banks require it to be a paycheck. A customer service representative at the banks u may be interested in should be able to clarify that for u.
1
MikeMike327 posts since
Feb 22, 2010
Rep Points: 876
2. Tuesday, May 3, 2011 - 3:01 PM
I have found that most banks and credit unions requiring Direct Deposit, accept automatic ACH transfers from another bank/cu.  Those that require an actual paycheck or Social Security check generally state that up front in the advertisement/application.
2
AlanAlan33 posts since
Jun 7, 2010
Rep Points: 206
3. Tuesday, May 3, 2011 - 3:07 PM
Even when they specify salary/payroll deposit, one may still experiment it.  I found at least one credit union that states strictly payroll deposit, it turns out that ACH into the credit union is just fine.
4
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
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