What is the Limit For Mobile Deposit at Bank of America? User Guide

In this article I will explore what is the limit for mobile deposit at bank of America? Mobile check deposit is among the most used mobile banking functions, which allows you to deposit checks by photographing them. You can even switch banks to acquire it.

But the feature’s deposit caps might influence the bank’s decision. Mobile check deposits are restricted due to the increased danger of check fraud, unlike deposits made through a bank teller or ATM.

It is conceivable for someone to attempt to deposit the same check at numerous banks since clients can keep a check after it has been deposited using a smartphone.

If you need to deposit checks larger than these limits, you must use an ATM or branch location. These restrictions also influence your choice of the best checking account for you.

What is the limit for mobile deposit at bank of America?

For accounts open for three months or more, the Bank of America mobile check deposit maximum is $10,000 per month; for accounts open for less than three months, the limit is $2,500 per month.

Mobile Check Deposit Limits at the Top U.S. Banks

Bank of America

For accounts open for three months or more, the Bank of America mobile check deposit maximum is $10,000 per month; for accounts open for less than three months, the limit is $2,500 per month.

The monthly cap for mobile check deposits is $50,000 for customers who have been part of the Bank of America Preferred Rewards program for over three months.

The cap is $25,000 monthly for accounts in the program for less than three months.

Chase

Each customer’s daily and monthly limits for Chase mobile check deposits are $2,000 and $5,000, respectively.

Wells Fargo

All customers’ Wells Fargo mobile check deposit limits are $2,500 daily and $5,000 annually.

Citibank

For clients whose accounts have been open for at least six months, the Citibank mobile check deposit limit is $1,000 per day and $3,000 per month; for customers whose accounts have been open for less than six months, $500 per day & $1,500 per month are the limits.

U.S. Bank

Depending on the account relationship, the daily cap for personal accounts using U.S. Bank mobile check deposits is from $500 to $2,500.

One Capital

Each client account has a different cap on Capital One mobile check deposits. According to a banker at a Capital One branch, the normal cap is $5,000 per day.

PNC Bank

For clients whose accounts have been open for 30 days or more, the PNC Bank mobile check deposit limit is $2,500 per day and $5,000 per month; for customers whose accounts have been open for less than 30 days, the restriction is $1,000 per day and $2,500 per month.

TD Bank

For customers with accounts open for 3 to 6 months, the TD Bank mobile check deposit cap is $1,000 per day and $2,500 per rolling 30-day period; for 6 to 12 months, $2,500 and $3,500; and for more than 1 year, $2,500 and $6,000.

SunTrust Bank

SunTrust Bank’s mobile check deposit cap is $1,000 per check and $5,000 monthly for accounts under six months old. It is $8,000 monthly for customers whose accounts have been open for over six months.

The monthly cap for mobile check deposits for SunTrust private clients is $25,000.

BB&T

For accounts open for less than 90 days, the BB&T mobile check deposit restrictions are $500 per day and $1,000 every 30 days; The maximum is $2,500 per day and $5,000 each 30-day for accounts open at least 90 days.

The monthly maximum for mobile check deposits for clients of BB&T wealth management is $25,000.

Online Banks For Higher Limits From The Start

Online banks do not run large branches or ATM networks. As a result, mobile banking and mobile check deposits are frequently used by online bank customers to manage their accounts and deposit checks.

These clients might be concerned when they receive larger checks if the limitations were set too low. Fortunately, many online banks offer higher mobile deposit limits compared to banks with physical locations because they know this risk.

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Mobile Deposit Limits Can Always Change and Differ By Account

It’s crucial to remember that your accounts’ real mobile deposit limitations may differ from the ones listed above. Most banks reserve the right to modify these restrictions for any reason.

The age of the account, marital status, activity level, and account balances are possible contributing factors.

Your bank may lower your mobile deposit limit and force you to use a branch or an ATM if you’ve repeatedly tried to deposit bad checks.

In the worst instance, you can even lose your ability to make mobile deposits. Customers who manage greater sums across multiple bank accounts may be eligible for increased mobile deposit limits.

Your bank might gradually raise your limitations if you frequently utilise the function.

Conclusion:

I’ve been a member of BofA for more than 50 years, and according to my phone’s BofA account, I have a $50,000 monthly limit. Hopefully now you have an idea about the limit for mobile deposit at bank of America, at the end of the article.

The personal mobile deposit cap for the Bank of America app may change based on your connection with the bank, the type of account you have, and other variables.

However, it’s crucial to remember that certain limits can vary over time. For the most accurate and up-to-date information regarding mobile deposit limits, please consult the most recent information from Bank of America or contact their customer care.

Bank of America often establishes daily and yearly limitations for mobile deposits. The monthly limit is the most you may deposit using the app in a single month, whereas the daily limit is the most you can deposit through the app in a single day.

You can check the Bank of America app or website, review your account terms and conditions, or contact Bank of America customer care to learn more about the precise mobile deposit restrictions that apply to your account.

They can provide the exact limits based on your account type and other pertinent details.

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