topic Re: Discover Checking deposit cash? in Personal Finance

Discover Checking deposit cash?

pinkandgrey — Wed, 26 Sep 2018 23:25:15 GMT

Is it a huge hassle to deposit cash in a Discover checking account? I recently opened one and want to close my account at my brick-and-mortar bank. I'm curious as to how difficult it is to deposit cash. Any personal experiences?

Thank you!

Re: Discover Checking deposit cash?

Anonymous — Thu, 27 Sep 2018 00:19:44 GMT

I like Discover savings and checking. But I have never had paper money that I wanted to deposit into it.

If you have a need for cash transactions, what many people do is keep your local brick-and-mortar savings account open for when you need to do that, and then do an ACH transfer from the B&M to the online account.

You may find this article helpful:

https://www.nerdwallet.com/blog/banking/deposit-cash-online-bank/

Re: Discover Checking deposit cash?

pinkandgrey — Thu, 27 Sep 2018 01:15:05 GMT

Yeah, I read that article a couple days ago. I actually have only a checking account at my brick-and-mortar bank. It charges maintenance fees which I'm looking to avoid. That's why ideally I would close my account there and transition to only the Discover accounts. But I may want to deposit cash at one time or another and would like to hear if there's an easy-ish way to do so.

Re: Discover Checking deposit cash?

Anonymous — Thu, 27 Sep 2018 02:59:55 GMT

What about a savings account at your B&M bank -- or some other local B&M CU or bank. You can probably get one with no maintenance fees or a low minimum balance.

Have you asked Discover what methods they suggest?

Re: Discover Checking deposit cash?

creditfan — Thu, 27 Sep 2018 03:50:38 GMT

check your local credit union to see if they have free checking account

Re: Discover Checking deposit cash?

pinkandgrey — Thu, 27 Sep 2018 11:50:58 GMT

@Anonymous wrote:
What about a savings account at your B&M bank -- or some other local B&M CU or bank. You can probably get one with no maintenance fees or a low minimum balance.

Have you asked Discover what methods they suggest?

Haven't asked Discover, but I will. I guess that is the best way LOL

Re: Discover Checking deposit cash?

Anonymous — Thu, 27 Sep 2018 12:29:00 GMT

I have a friend who works for Discover. He opened a checking acct there and even he said it sucks and ended up closing it. Restrictive and SLOW.

Re: Discover Checking deposit cash?

CashBackQueen — Thu, 27 Sep 2018 12:31:43 GMT

I have used Discover checking and savings for over a year now and love them. I did call them and ask, and there is no way to deposit cash. What I do is have my direct deposit go there, and if I need to deposit cash I have a brick and mortar fee-free bank right outside my neighborhood; I deposit there and transfer or write a check to my Discover account.

Re: Discover Checking deposit cash?

pinkandgrey — Thu, 27 Sep 2018 15:29:30 GMT

@CashBackQueen wrote:
I have used Discover checking and savings for over a year now and love them. I did call them and ask, and there is no way to deposit cash. What I do is have my direct deposit go there, and if I need to deposit cash I have a brick and mortar fee-free bank right outside my neighborhood; I deposit there and transfer or write a check to my Discover account.

Awesome. Thanks!

Re: Discover Checking deposit cash?

Anonymous — Fri, 28 Sep 2018 15:47:42 GMT

Roadtrip to Greenwood, DE, anybody? https://www.mydiscoverbank.com/index.html

Re: Discover Checking deposit cash?

JoeLuvsHisCredit — Fri, 28 Sep 2018 16:06:23 GMT

@Anonymous wrote:
Roadtrip to Greenwood, DE, anybody? https://www.mydiscoverbank.com/index.html

YES PLEASE If you do ALL of the driving hehe please lol I been dying to take a road trip lol. I haven't been anywhere since I found out my cancer came back