Follow this link to find detailed steps on How to Activate Chase Quick Deposit for iPhone.
After my iPhone App updates are completed, I like to go into each newly updated app and figure out how they were “improved”. From my earlier experiences, it usually just turns out the apps now contained more advertising.
However, when I opened up the new Chase iPhone App, I noticed a new icon on the bottom navigation marked as “Deposits”. Initially I thought, what a useless add-on. What? It’s going to tell me what my recent deposits were? I mean, sure, I guess some people would find it useful. So I just pressed the new icon and was blown away.
This wasn’t a feature that tells you what your most recent deposits were, it’s a feature that actually allows you TO MAKE DEPOSITS! I was completely blown away. Is this for real? I haven’t used it myself yet, but it seems like you simply need to take a photo of the front and back (ensure you sign it too) of the check(s) you’re depositing (up to a total of $1000 per day or $3,000 a week), press a couple of buttons, and you’re all set. I believe I have a $50 check laying around here somewhere and I’ll follow up with how smoothly or rough everything goes.
On another note, the Chase iPhone App has also activated a new feature called Person-to-Person QuickPay. Once you activate this feature through a regular computer, you can then have the option of sending/request payments to/from anyone by simply entering their E-mail address. Similar to how PayPal does it’s payments. That’s pretty awesome.
I’m amazed by the innovation that Chase has brought into the playing field of financial services and I’m sure it’s hard for people not to be impressed. Understandably, there are concerns of authenticity and validation of each check being deposited, but I’m sure Chase will address those security concerns.
Update (2010-07-05) Just completed my first Chase Quick Deposit and everything went pretty smoothly, even while using EDGE. I personally chose to retake the photos a couple of times, just to make sure my first deposit goes well. If any hiccups occur, I’ll be sure to update this post.