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8 Ways to Sidestep the Chase No-Cash Deposit Policy

Find out how to deposit cash into someone else's Chase account, despite the bank's no-cash-deposit policy.

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Chase bank customers are upset that they can’t deposit their own cash into someone else’s account.

Chase said it shifted its policy on cash deposits to combat misuse of accounts, including money laundering.

So MyBankTracker has identified eight alternatives for frustrated customers.

1. Tell a family member to open a Chase account

Telling your loved one to open a Chase account might work if, say, you want to send money to a child and they have no bank account currently or if your loved one is unhappy with their current bank.

Of course, critics of Chase’s no-cash deposits policy might cry foul at such a suggestion because it’s your money, right?

Why should you force a loved one to open a Chase account just to transfer money to them with your hard-earned cash? There’s no good answer to that question.

However, if you plan to transfer funds frequently, this might be the easiest way to sidestep Chase’s no-cash deposits policy.

2. Add authorized users

One way to sidestep the new rule is to add an authorized user to your account. Adding an authorized user essentially gives the individual access to your financial account.

Parents and couples add authorized users to their bank or credit card accounts all the time. Adding an authorized user to your account has pros and cons.

The biggest upside to adding an authorized user to your Chase account, of course, is convenience.

You won’t have to utilize any time-consuming or costly methods -- like getting a money order or cashier’s check -- to sidestep depositing money into your loved one’s account.

There are drawbacks, however, to adding an authorized user to your account. The biggest drawback: the primary account holder is legally liable for everything an authorized user does.

If you add a relative to your account and he or she goes on a spending spree, you’re out of luck.

That bill still has to get paid and as the primary account holder, it’s your ultimate responsibility to ensure that happens.

3. Use a personal check

Another way to sidestep Chase’s new cash deposit policy is to write a check.

Of course, some people might say no one writes or carries checks these days.

More problematic, though, is the time it takes for a check to clear at a bank.

A bank will consider your account history, balances, dollar amount, and the type of check being deposited when determining whether to place a hold on a check.

Even if everything looks OK, it might take up to five business days for the check to clear.

If someone needs money immediately, writing a check isn’t going to help.

4. Get a cashier’s check

Cashier’s checks are more secure than personal checks because funds are guaranteed by the bank that issues the check.

Unless the bank suspects the check is fraudulent, funds from a cashier’s check are usually available to you by the next business day.

But because of that guarantee, as you might expect, cashier’s check come at a price.

A cashier’s check costs an average of $9.10 at America’s 10 largest banks fees.

Sending someone money via a cashier’s check might be an option if it’s a one-time deposit and you don’t mind paying the fee.

Otherwise, it’s not plausible for everyday or regular transactions.

5. Get a money order

Money orders are an acceptable form of payment if you can’t write a personal check or it’s not safe to do so.

Why would you choose to use a money order instead of a check?

Checking accounts are more convenient, but you might consider using a money order if you want a more secure form of payment than, say, a personal check.

You can purchase money orders at the post office, some retail stores, grocers, etc.

Of course, the major downside to a money order is that it costs money -- fees can range between $0.50 to $10.

There is also a maximum amount you can include in a money order, which is $1,000.

Plus, you might get tricked into purchasing a fake money order if you’re not careful.

And just like with a personal or cashier’s check, the funds won’t be available immediately.

6. Use your loved one’s ATM card

If you need to quickly deposit cash into a loved one’s account, you can use his or her ATM card.

Clearly, this implies a high level of trust that you wouldn't typically extend to a stranger or non-relative.

7. Use Chase QuickPay

Some critics of Chase’s new no cash deposits policy have suggested that the bank made the switch in order to get users to sign up for its online service, QuickPay.

With Chase QuickPay, you can send money to another person -- virtually anyone with an email address, the bank says -- or request money from someone else without cash or checks using a smartphone, tablet or computer.

There are no fees for users and you don’t need a Chase account to use the online service, but the big downside is that at least one person involved in the transfer must have an account at the bank.

While using QuickPay is instant, the actual transfer of funds isn’t always quick. The deposit still must be cleared before going through.

If you want to avoid going to a bank or ATM and your recipient doesn’t need the funds right away, QuickPay might be a good option for you. 

Using Chase QuickPay it's very easy for Bank of America and Wells Fargo customers to send money to Chase accounts.

8. Use another peer-to-peer service

PayPal is the most popular person-to-person online payment service, but funds aren’t always immediately available.

If the sender already has the funds in his or her PayPal account, the money is available to the recipient immediately.

But if the money has been sent via eCheque -- which might happen if you don’t have a card and bank linked to your account -- it will take 3-5 business days for the funds to show up.

If you send money to someone through PayPal but have no balance left in your account, you can send money via your checking account.

However, the transaction might take a few days. It depends on the bank and whether both accounts linked to PayPal have been verified.

Plus, depending on how you transfer money, you might get hit with a fee.

PayPal isn’t the only person-to-person online payment service. Other alternatives include Venmo, Google Wallet, Amazon Payments, Skrill, and Payoneer.

But just like with PayPal, these online payment services have pros and cons including cost and ease of use.

Suzanne Ryan, a spokeswoman for Chase, told us what she recommends people do if they want to deposit money for someone else.

"They can deposit personal checks, cashier’s checks and money orders. They can use Chase QuickPay online. They can add an authorized user to their account."

While each of these eight options listed might allow you to sidestep Chase’s no cash deposit policy, if you’re spending too much time or money trying to circumvent the problem, you might consider switching banks.

Frustrated with your bank? Check out these new top online banks that people are talking about:

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Tuesday, 02 Feb 2021 1:00 AM
<p>A Chase employee told me to do just that!!</p>
disqus_Y10r9b07Q2
Thursday, 02 May 2019 6:43 PM
<p>Not any more. I tried to make a deposit to my brother's B of A acct today and was told they didn't take case. Wells Fargo, same song and dance. Apparently a bunch of banks all banded together at the beginning of the year and decided to do this no cash thing. You can deposit a cashier's check from your bank (more $), and then wait anywhere from 3 days to eternity for it to clear (more $ in bounced check charges). It's a ploy for banks to grab more of our money, like they aren't stealing us blind already. That cookie jar idea is looking more and more appealing all the time.</p>
timothy_g_reynolds
Thursday, 16 Aug 2018 3:41 PM
<p>Keys are only needed for big bag deposits. Most night drops accept flat bags and envelope sized deposits without a key. The pull-down handle exposes a one inch slot under the door.</p>
jay_kage
Monday, 29 Jan 2018 8:36 PM
<p>So, I'm replying to a really old post. But I thought you'd like to hear mine. I'm a Chase customer (still). I couple of years ago, I stopped by the DMV and renewed by driver's license, which I had allow to expire a week. Then, I swung by a Chase branch to deposit some cash into my account. I stood in line, and when I handed my deposit slip and cash to the cashier, he ask for my ID. I had left my new paper ID in the car, but handed him my expired state driver's license with my photo on it, the state seal of Texas, and all. He told me that I couldn't deposit my money in my account because my ID was expired. He made me walk back to my car and get my new temporary paper ID, without a photo showing it was truly me, before he would let me deposit my cash into my account.</p>
gailny
Monday, 18 Dec 2017 4:51 PM
<p>interesting</p>
disqus_ZMHTRq8SfO
Friday, 10 Nov 2017 7:40 PM
<p>I was told this morning that B of A will no longer allow cash deposits by non acct holders as of Dec 1 2017. Thanks Bernie and CHASE for making life more difficult for the common folk who are not dealing in millions and billions of dollars. What a crock !!!</p>
slimmstillstackin
Wednesday, 08 Nov 2017 9:15 PM
<p>I was told that one could only deposit $500 max into someone else's account, regardless of affiliation. Is that your experience? If not, I may look into having one. I currently bank with chase. Thanks in advance.</p>
Monday, 11 Sep 2017 4:06 PM
<p>This happened to me as well - wanted to deposit cash into my roommate's account to pay my half of the rent as she had written a check for the rent but was out of the state visiting her parents at the time. I had no way of getting her the money instantly/reasonably quickly besides depositing into her account. My bank, US Bank, lets anyone deposit cash into my acct no questions asked - just need the account # and name of the account holder.<br>I went into a Chase branch unknowingly, cash in hand, and was told they do not accept cash due to this policy but that my other options were to get a check (which would have a hold of 3-5 business days), try to get a cash advance on my ATM card through them (really?!) and then deposit from my ATM card, use AN AMAZON CARD? What?? Chase, you would rather accept money from an Amazon card or a check than cold hard CASH? What's more valid than CASH? A check that could possibly bounce is a better option to accept than cash? Well of course it is - if it bounces they get to start charging their lovely fees. It's so sad to see how customer service has become a concept of the past... apparently just like the concept of CASH has.</p>
jimhayseed
Tuesday, 01 Aug 2017 9:03 PM
<p>Simple solution. Close your Chase account and use another bank.</p>
Wednesday, 26 Jul 2017 9:15 PM
<p>This is the stupidest thing ever .. was never aware of th can't deposit cash into bank by someone else ..I have been with this bank forever before they were chase don't u think they should of sent something out to sign letting u know this has happened ..big shock to me how is it a risk to deposit cash into a account y have given someone what the f is this bank coming to when ur cash is no good and there customer service is a f in joke ..when I signed up for my account with Washington mutual they papers that I sighed stated nothing about not being able to deposit cash into someone's bank then they just add it in a statement that's not right I did not sign any papers that stated that I could not do such a thing I would have went else were and will know and hope others do as well this is not a good bank what will they do next there a mortgage company that has no right running a back who nose what shot there going to pull next</p>
disqus_eVxJpFaCn9
Thursday, 13 Oct 2016 6:12 PM
<p>My experience is that Chase will allow a non-Chase customer to make a 'cash deposit' <br>using your own non-Chase Bank ATM card as long as it has the VISA or <br>MasterCard logo. Chase did not charge a fee for accepting my money that I was depositing into my son's Chase checking account this <br>way (miracle), my Capital One bank did not charge a fee, however Wells <br>Fargo does charge a $3.00 non-WF ATM use fee.</p>
Tuesday, 20 Sep 2016 9:41 AM
<p>you are absolutely correct...my daughter banks at BofA and unfortunately I am at Chase...when she asked me to make a cash deposit in her BofA account I was prepared for the BS but there was none, BofA gladly accepted the cash and all was fine...but Chase; I'm almost tempted to switch.</p>
mylenesmcclure
Thursday, 18 Aug 2016 7:36 PM
<p>I have had a similar experience and decided to do some research. Apparently Chase allowed Bernie Madoff to do BILLIONS of dollars in check kiting and transferring of huge amounts of money &amp; Chase never filed an SAR (suspicious acts report) UNTIL AFTER Madoff was arrested. So then gov put Chase on big time notice to change it's ways or else! They have been charged with felonies so to avoid more than the 42 million they paid in fines AND prosecution, they now implemented their "cash deposit rules" and blame it on the government. This whole mess was Chase's fault. Additionally, 10 young Chase employees in their "tech" dept have died under suspicious circumstances since 2014. Chase's very high level of money laundering benefited them until they were caught ... the powers that be in banking made the decisions to not send in an SAR to the SEC/Treasury because my husband and I know from personal banking experience, the SAR is an automatic filing unless someone from on high says "don't file it". me 20 yrs in banking &amp; hubby 50 Yrs in banking. It's Chases own CRIMINAL ACTIVITY which now requires us to show ID for a measly $200 cash deposit. research for yourself ...google Chase Bernie Madoff involvement or why we have to show ID for cash deposits or do all banks require ID or young employees dying at Chase. Play with it &amp; you will find why YOU have to show ID!</p>
dallasgombash
Wednesday, 03 Aug 2016 6:13 PM
<p>One of the solutions is for you to open up a chase account and pay $12 a month in fees just to have it open?</p>
johnrigdon
Saturday, 23 Jul 2016 8:27 PM
<p>Today I encountered one of the stupidist things I've heard from in a bank and a poor excuse for customer service. I tried to deposit a measley $260 in my wife's account at Chase and they would not accept the cash deposit. How stupid is that? And what a poor excuse for customer service!!! We have dealt with this bank for years and have thousands of dollars deposited with them and their investment branch. Monday morning it ALL gets moved to a real bank. Never again will I deal with these idiots.</p>
disqus_bVeMKCt5Sh
Wednesday, 20 Jul 2016 6:57 PM
<p>I just had this happen at Bank of America. I cashed some checks and needed to add the cash to my landlords account. They asked for my ID back to make the deposit. There is no reason to ask individuals for ID when depositing a couple hundred bucks. This is over-reach plain and simple. And stating that it is to combat money laundering is ridiculous.</p>
hordeplayer
Monday, 20 Jun 2016 10:05 PM
<p>Exactly, I've been saying for years, long before the mortgage melt down, that people need to get out of the big banks and move to local credit unions or smaller community banks. These huge financial institutions won't be huge anymore if we all moved our money to other smaller institutions.</p>
hordeplayer
Monday, 20 Jun 2016 10:04 PM
<p>Refinance at your local credit union/community bank. We need to take business away from these big banks. We have to hit them in the pocket book. It's the only way to make them change.</p>
trishfalkgambucci
Wednesday, 08 Jun 2016 10:58 PM
<p>I just tried to deposit $50 cash in my daughters account and was refused! Ridiculous! I will never do business with these people EVER!</p>
donnieebarnes
Monday, 06 Jun 2016 12:04 PM
<p>That's rude and presumptuous. You never know someone's story, so don't judge.</p>
Saturday, 23 Apr 2016 3:44 AM
<p>Chase Bank's night drops are locked, and only business clients can get a key.</p>
Thursday, 31 Mar 2016 4:38 AM
<p>I smell a pretentious !d!ot.</p>
lilsuzq32
Saturday, 05 Mar 2016 8:26 PM
<p>Set it up in your bill pay through the bank where you have your checking account ... or, seal the cash in an envelope with a loan payment slip, and leave it in the night depository (*not* the ATM).</p>
lilsuzq32
Saturday, 05 Mar 2016 8:25 PM
<p>Um ... why not put the cash with a deposit slip, and put it into the night deposit box (*not* the ATM). How would the bank know *WHO* made the deposit then???</p>
disqus_pAtCcu9abJ
Saturday, 05 Mar 2016 7:59 PM
<p>How stupid is there new cash policy... Like really whoever<br>thought this would help their money laundering problems should be fired<br>immediately. I went to pay my husband<br>car note at the local chase bank with $300 cash. I was told that because my name was not on the<br>note I could not pay the not. Most families do these things for other family members;<br>it’s what being a family all is about. Seriously if I was trying to steal from chase<br>I would be getting money out not paying a car note. How can paying a car not of<br>$300 be laundering issue? You pull up<br>the account you see that the money is due and you make a payment. I just don’t get it. I shouldn’t have to<br>write out a check when I have the cash on hand, or show id to make a payment. I shouldn’t have to send my husband over to<br>pay a note when I am off and he has been working all day. Unfortunately we did<br>not choose Chase for the car note the dealership otherwise I would never step<br>in there.</p>
disqus_KkBbnI7vu0
Thursday, 25 Feb 2016 11:50 PM
<p>Rubbish! For J P Morgan Chase - some of the biggest financial criminals in history, to imply that every single customer is a likely criminal, should offend the hell out of everyone! Since they are the party taking possession of the cash, I thought it only fair to see the teller, or the manager's ID as well. That went over like a fart in a space suit! Closing my accounts (6) and going to a local CU.....Getting your (our) money out of giant banks that WE BAILED OUT because of their criminal speculation, is a revolutionary and necessary act, like growing your own food. They will cease to be too big to fail, only when we make sure they 'aint so big any more!</p>
Thursday, 25 Feb 2016 8:43 PM
<p>This policy of asking for ID before making a cash payment is nothing more than a joke. There is no reason for the bank to ask for ID before I make a cash payment. Now if you are drawing money out that is a different story.</p>
disqus_pv2oAFggx2
Wednesday, 24 Feb 2016 8:33 PM
<p>Seriously?Waiting for a couple of checks is that great a hardship?<br>I smell a millennial...</p>
sidhepro
Friday, 19 Feb 2016 5:30 PM
<p>I work for a large company as a branch manager (NOT a bank!). I do the daily banking transactions consisting of the cash and checks from the day prior. I should NOT have to provide identification to deposit the company's transactional funds into their account. It's ridiculous. There is no reason for myself or another employee to have our information tied to this account - EVER.</p>
disqus_lcy8BLxXoZ
Saturday, 09 Jan 2016 5:17 PM
<p>All 8 of these suggestions are terrible... I'm so upset right now- I bought an expensive gift card for my friend, and our other friends that live in various states are all going in on it, so they went to the chase banks in their cities to pay me today, and then we found out about this new rule. Now I'm broke and I have to wait for checks to clear, or for my friends to download, join, and figure out some online methods to pay me, all while they ridicule me for being with a bank that makes no sense. I'm so embarrassed that my friends basically have to spend money to give me money, and that in this age of convenience there is no solution that doesn't take days. I'm definitely switching banks, this is definitely the last straw.</p>
disqus_F6NG5SnHNx
Monday, 14 Dec 2015 5:29 PM
<p>Thank you for the reply Simon. The teller asked if I wanted to use a check or if I had a Chase account and I had neither. I was not happy and not thinking clearly so the thought of being added to the account did not cross my mind - didn't cross the teller's mind either. Discover Bank has no-fee ATM's all over the place and that's all our son needs at college so we're switching today.</p>
SimonMBT
Monday, 14 Dec 2015 3:37 PM
<p>I agree that it is a major inconvenience to have to resort to workarounds. However, if the account is going to be most beneficial for your son in school, I'd at least suggest that you reconsider. Were you not able to add yourself as an authorized user to the account?</p>
disqus_F6NG5SnHNx
Monday, 14 Dec 2015 3:01 PM
<p>Appreciate the tips but Chase should be fixing this and we shouldn't have to come up with workarounds that cost money and/or time. I tried to deposit $100 today for my son who's in college and was refused. Maybe I watch too many movies but do people really launder $100 at a time? Meanwhile, I've instructed my wife to close the account.</p>
disqus_Mi5bH6rKRN
Tuesday, 20 Oct 2015 2:30 PM
<p>Just pull your money out of Chase and use a credit union.</p>
SimonMBT
Thursday, 15 Oct 2015 3:37 PM
<p>Can you clarify? Do your kids have Chase as well?</p>
disqus_VaPXGl96rg
Wednesday, 14 Oct 2015 3:06 PM
<p>Yes. Im currently a chase customer and i have truly been inconvenienced with this new policy! I three college students that are away from. There is no way i can get them money in an emergency without going to western union and paying a fortune. <br></p>
SimonMBT
Sunday, 27 Sep 2015 4:25 PM
<p>Always a good move to find a bank that better fits your needs. What bank are you moving to?</p>
Saturday, 01 Aug 2015 11:38 PM
<p>Chase bank was actually penalized by the legislator because they have been involved in laundering money for many criminals and organized crime groups. It's not a decision that they made on their own and wish they did not have to go with it. But they know that they are guilty as hell. Thankfully for them for this kind of crime you don't go to jail. You just pay a fine. You get a little hurdle thrown into your business and you keep on going. It's good to be on the "right" side of the law and the privileged few:)</p>
SimonMBT
Monday, 13 Jul 2015 3:22 PM
<p>Are you (or were you) a Chase customer and became inconvenienced by this policy? Would like to hear you particular experience.</p>
Monday, 13 Jul 2015 2:31 AM
<p>Honestly chase has gone down hill very much. Upsets me how they just seem to want to get clients, but not fix the problems they cause us by switching certain things. What's funny is that chase actually has many bad audits and people still bank with them. They might be trying to fix one of their problems, MONEY LAUNDERING, but what other changes will they make to better their audits?</p>
SimonMBT
Monday, 15 Jun 2015 8:04 PM
<p>That is one statistic that we'll never know -- as much as I would love to -- because Chase doesn't share such information. My guess is that even if many Chase customers closed their accounts because of this policy, it wouldn't do much to affect Chase's bottom line.</p>
Friday, 12 Jun 2015 2:53 AM
<p> I'm looking forward to finding out how many Chase customers close their accounts, leave and take their money to a competitor bank. Ha Ha... Chase, foolish bank.</p><p></p>
Sunday, 31 May 2015 4:39 PM
<p>easier to ditch chase, don't do business with idiots, without cash they are out of business, teach them a lesson.</p>
barbuckle
Wednesday, 29 Apr 2015 3:10 PM
<p>No, I did not have a Chase bank account, but I did close one at regions because they charged people I wrote checks to in order for them to cash a check written on my account. It is ridiculous. My bank doesn't do any of this crazy stuff. </p>
ClaireMBT
Sunday, 26 Apr 2015 9:40 PM
<p>Hey Barbuckle, is that what you did? If so, did you go with an online bank? Thanks for sharing.</p>
barbuckle
Sunday, 26 Apr 2015 6:49 PM
<p>I have another side step suggestion. Close your Chase bank account and open one at a bank that doesn't have ridiculous rules! </p>
Monday, 16 Mar 2015 1:14 AM
<p>8 Ways to Sidestep? Really? The way I read it, the article is just telling you to be a customer. Join Chase and follow their policy. That doesn't sound like sidestepping anything.</p>
Wednesday, 14 Jan 2015 3:59 PM
<p>Why the need to get around the chase policy? They can be forced to drop their policy if everyone made multiple cash deposits. Instead of making 1 $200.00 deposit and being forced to provide id, make 20 separate $10.00 deposits forcing the teller to record each and every deposit. When the lines are extended outside the bank Jamie might just change his mind!</p>
Saturday, 15 Nov 2014 1:14 AM
<p>Chase makes no sense at all. It is a US bank and gives people US currency, but you are refusing to accept US currency! Does that make any sense? I will be closing my account if they don't change this policy quickly. I had to pay my rent today and my dad who is 75 years old with no bank account and no email was turned away after he tried to put cash into my account. Now I cant pay my rent...THANKS CHASE!!!!! NOW I MAY BE EVICTED!</p>
erik_fritz
Wednesday, 12 Nov 2014 5:10 PM
<p>What about wire transfers as an additional option? I know you get hit with fairly hefty fees both coming and going (approximately $10-35 on each side of the transfer, depending on your bank), but it's worked for me in the past when I've needed money available immediately.</p>

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