If you have extra cash lying around, it’s a good idea to deposit that money into a bank account. This way the funds are safe from loss, theft, or damage. But what’s the best way to deposit cash, and what are your options if you want to use an online bank account or ATM?
In this guide we will explore How and Where to deposit cash into an ATM. Be sure to continue reading to learn everything you need to know about ATMs.
How to Make ATM Deposits
When you need to make cash or check deposits, the most convenient option might be to use a deposit-enabled ATM. There’s no need to go into a branch or wait for the mail to get your checks to the bank. Some people don’t know that depositing funds at an ATM is possible, while others are uncomfortable with the idea or they just don’t know how to do it. Let’s review the process from start to finish.
When depositing a check, be prepared and make a habit of bringing everything you need. You want to move as efficiently as possible so that you can get your cash safely into the ATM and avoid holding up the line. Beyond your debit card and PIN number, bring the following items.
Author’s Verdict
ATMs certainly make banking easier for someone on the go, but if you’re even too busy to carve out time in your day to seek out an ATM, you may want to consider mobile banking.
If you don’t have a bank account yet, definitely take a look at our list of Bank Bonuses or CD Rates for all your banking needs.