I am looking to compile a list of banks and credit unions with the best mobile check deposit features.
criteria:
1. daily/monthly deposit limit
ease of use of app:
2. does the app automatically take the picture or do you have to fiddle around and take the pic, get it rejected, have to re-do, etc?
3. do you have to write a special message in the endorsement area (e.g. For mobile deposit only at X)? this matters since some corporations issue checks that leave only a space for a signature in the endorsement area
4. can the app read the check amount automatically? [have you ever seen this before? I've seen it once - in Israel, I think]
other suggestions? hold time?
another thing: some banks/CUs have an option to temporarily raise the mobile check deposit limit. Brilliant Bank actually gave me a super-high mobile check deposit limit permanently. I can get my limit raised at NASB by sending an email. At CFG, it's possible, but requires a long phone call.
So far my top choice is Capital One (for small checks), and I primarily use my CapOne account just for mobile check deposit, but I'm wondering if there are better options out there. I have a $50k daily/monthly deposit limit at CapOne, but I think that might vary by customer, length of time the account has been open.
2. the app automatically takes the picture
3. no special endorsement language required
4. no