Chase Quick Deposit Maximum

Chase quick deposit maximum money
  1. Chase Quick Deposit Maximum Amount

Chase iPhone check deposit app starts to show deficiencies

Chase Quick Deposit MaximumChase Quick Deposit Maximum
  1. Unlimited electronic deposits, ACH and Chase Quick Deposit(SM). Convenient access to 16,000 ATMs and more than 4,700 branches. Recommended: Earn $300 when you open a new Chase Business Complete Banking℠ account with qualifying activities.
  2. Enter deposit details. Deposit to, Location, Remittance details. All checks will need to be endorsed manually if virtual endorsement has not been enabled. Collect & deposit. Manage Accounts and Locations. Order a Scanner.
  3. Currently, the security administrator who signed up for Chase QuickDeposit can deposit checks. The security administrator can also give sub-users mobile access as well as the ability to make mobile deposits. Are there deposit limits for the mobile device? There are both daily and monthly maximum amounts that you may deposit to each.

While the new Chase iPhone app has been widely reported on by the (mostly tech) media, Chase’s website, and specifically their mobile banking information page, still doesn’t show any information, so it is hard to find information directly from Chase on the capabilities an deficiencies of their new app.

'Chase Private Client' is the brand name for a banking and investment product and service offering. Bank deposit accounts, such as checking and savings, may be subject to approval. Deposit products and related services are offered by JPMorgan Chase Bank, N.A.

According to this article, Chase has limited the deposits to $1,000 per day through the iPhone app, and a maximum of $3,00o per week. Checks larger than those amounts must still be taken into a branch. The article also reports that the app relies on the same technology used in the envelope-free ATM’s that scan the checks to get the deposit amount. This technology has proven to sometimes fail to read the information properly, in which case Chase simply mails the check back to the customer, which adds many days onto the deposit process.

What will they do when an iPhone picture of a check isn’t able to be properly read? Nothing?

Chase quick deposit limit

Even their description in the iTunes App Store doesn’t give the full details. App Store reviews list the following problems people have had:

  • Unable to activate the app
  • Inability to edit payments
  • Inability for some customers to find the quick deposit feature (problem with iOS 4?)
  • Not upgraded for the current iOS version
  • Inability to pay certain bills (mortgage or HELOC)
  • Can’t deposit using an iPod Touch
  • Difficulty with rebate checks

I could go on. Overall, the rating of the app went down over the previous version.

I appreciate that Chase is trying here, I really do. But perhaps more important than technological bells and whistles, would be more competent customer support and less bilking of customers with ridiculous fees.

Chase quick deposit maximum amount

Chase Quick Deposit Maximum Amount

Update: A recent report of problems with the app crashing.