Can You Mobile Deposit a Money Order/Deposit It Online? Here’s How…

If you’ve received a money order, the easiest way to cash it is usually to deposit it in your bank account. So can you mobile deposit a money order? Depending on which bank or credit union you use, you may be able to make the process even easier by using mobile deposit. If your bank allows this, you can deposit money orders to your account just by taking pictures of them with your phone using a mobile banking app.

Continue on to find out more about depositing money orders with your phone, including which banks and credit unions let you use a mobile deposit app for money orders — and which ones don’t.

In This Article

Can You Deposit a Money Order Through Mobile Deposit?

A money order is similar to a check. The difference between money orders and checks is that money orders are prepaid rather than drawn on an account, making them more secure than checks. You may therefore wonder if you can deposit a money order into your bank account as you would a standard check.

The answer to this is yes, you can deposit a money order through mobile deposit — through select banks and credit unions. In all cases, you must have an account at the bank or credit union in order to use the mobile banking app.

How Do You Deposit a Money Order Using Mobile Deposit?

The process for depositing a money order using a mobile deposit app is the same as the process for depositing a check. The general steps for money order mobile deposits are:

  • Sign the back of the money order and write your bank account number beneath your signature.
  • Open the mobile app and take photos of the front and back of the money order with your phone. Images must be clearly readable, and all four corners of the money order must be visible in the photos.
  • Follow the app’s on-screen instructions to finish submitting your deposit.

Some mobile apps may vary slightly, so it’s important to always read the on-screen instructions on your bank’s or credit union’s mobile app before depositing a money order.

How Soon Are the Funds Available After You Deposit a Money Order with Mobile Deposit?

It’s important to note that in most cases, the funds from money orders deposited through a mobile banking app will not be immediately available. Generally, mobile deposit apps follow the federal regulations outlined in Regulation CC: Availability of Funds and Collection of Checks, which state that “local and nonlocal checks” must be made available by the second and fifth days, respectively. Under Regulation CC, money orders are considered checks, as explained on page 4 of the Consumer Affairs Laws and Regulations document.

Our research found that most banks will make up to $200 of a money order deposited with a mobile banking app available on the next business day, with the remainder of the funds clearing in three to five business days.

Banks and Credit Unions That Allow Mobile Deposits for Money Orders

The following banks and credit unions will accept money orders deposited through their mobile banking apps:

Alliant Credit Union

  • App platforms available: iPhone, iPad, Android
  • Mobile deposit limits: Vary depending on the number of accounts you own and their eligibility; however, your individual daily limit will appear below the amount field when submitting a mobile deposit.
  • Source: Alliant Credit Union customer service
  • Download the Alliant Mobile Banking app

Chase Bank

Note: Chase QuickDeposit only accepts money orders for business/commercial accounts. You cannot use mobile deposit for money orders if you have a personal account with Chase.

Citibank

  • App platforms available: iPhone, Android, Apple Watch
  • Mobile deposit limits: Vary according to how long account has been open
    • Accounts open less than six months: $500 per day; $1,500 total per month
    • Accounts open six months or longer: $1,000 per day; $3,000 total per month
  • Source: Customer service representative
  • Download the Citibank app

Fifth Third Bank

HSBC

  • App platforms available: iPhone, iPad, Android
  • Mobile deposit limits: Vary according to account type
    • Personal checking: $3,000 per day; $5,000 per month
    • HSBC Advance: $5,000 per day; $10,000 per month
    • HSBC Premier: $10,000 per day; $25,000 per month
  • Source: Customer service representative
  • Download the HSBC app

KeyBank

M&T Bank

  • App platforms available: iPhone, Android
  • Mobile deposit limits: Vary by account type. Log in to the M&T mobile app or online banking website to find your deposit limits under the Services menu.
  • Source: M&T Digital Services Agreement
  • Download the M&T app

Mountain America Credit Union (MACU)

PenFed Credit Union

  • App platforms available: iPhone, iPad, Android
  • Mobile deposit limits: Vary according to account type. Contact customer service at your nearest PenFed Credit Union for more information on mobile deposit limits.
  • Source: Customer service representative
  • Download the PenFed app

TD Bank

U.S. Bank

  • App platforms available: iPhone, iPad, Android
  • Mobile deposit limits: Vary by account type. Log into Online Banking and click on “Make a Deposit” to view mobile deposit limits.
  • Source: U.S. Bank FAQs. Must be enrolled in DepositPoint in order to deposit money orders through the mobile banking app.
  • Download the U.S. Bank app

Wells Fargo

Banks and Credit Unions That Don’t Allow Mobile Deposits for Money Orders

These banks and credit unions offer mobile deposit services for account holders — but not for money orders. For these places, if you need to deposit a money order, you can do so at a branch location, or sometimes through ATMs.

Keep in mind that any ATM deposit to your account must be made at your bank or credit union’s ATM. You can’t use ATMs that don’t belong to your bank if you want to deposit a money order.

Ally Bank

Bank of America

BB&T Bank

BMO Harris Bank

Chartway Federal Credit Union

Connexus Credit Union

Navy Federal Credit Union

PNC Bank

Regions Bank

Santander Bank

SunTrust Bank

In Summary

Although not all banks and credit unions allow you to deposit money orders with a mobile banking app, many of them do make this convenient service available for customers. When depositing a money order via mobile deposit, endorse the back of the money order as you would a check, then following the mobile app’s instructions.

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