Chase mobile deposit limits vary depending on your account type. Here’s a breakdown:
- Standard Limit: For most Chase accounts, the daily mobile deposit limit is $2,000 and the rolling 30-day limit is $5,000.
- Higher Limits: Certain accounts, like Chase Private Client or J.P. Morgan Private Bank accounts, may have higher limits reaching $25,000 daily and $100,000 or even $500,000 over 30 days.
Finding Your Limits:
- Online Banking:Â Log in to your Chase online account and navigate to the section that shows your account details. There you might find information on your mobile deposit limits.
- Chase Mobile App:Â The app might have a section on deposit limits within its settings or help section.
Keep in mind:
- Chase has the discretion to increase or decrease your limits without notice.
- These limits apply specifically to mobile deposits. There are no limits on depositing checks in person at a branch or ATM (except for a limit of 30 checks per ATM deposit).
If you’re unsure about your specific limits or need to deposit a check exceeding the standard limit, it’s best to contact Chase directly.
Factors Affecting Your Limit:
- Account Type:Â As mentioned before, Chase Private Client and J.P. Morgan Private Bank accounts have significantly higher limits than standard accounts. This is because they cater to high-net-worth individuals.
- Banking History:Â If you’ve been a Chase customer for a long time and have a good banking history (no delinquencies or overdrafts), Chase might grant you a higher mobile deposit limit.
- Risk Management:Â Chase considers risk factors like the type of check being deposited and your past deposit activity when determining your limit. For example, a large payroll check might be viewed as less risky than a personal check from an unknown source.
Things to Consider When Reaching Your Limit:
- Splitting the Deposit:Â If your check amount exceeds your daily limit, you might be able to split it into separate deposits across a few days, as long as they fall within the 30-day rolling limit.
- Depositing at a Branch:Â There are no dollar limits for depositing checks in person at a Chase branch. This could be an option for larger checks.
- Increasing Your Limit:Â You can contact Chase and request an increase to your mobile deposit limit. They will consider your account history and risk factors before making a decision.
Additional Tips:
- Be Aware of Hold Times:Â Even if your deposit goes through, Chase might place a hold on the funds for a few days, especially for larger deposits.
- Review Deposit Requirements:Â Make sure you follow Chase’s guidelines for mobile deposits, such as properly endorsing the check and ensuring clear images when capturing them with the app.