Deposit Money Via Credit Cards Or Debit Cards Directly To Your Bank

By Vineet at April 12, 2010 | 12:00 am | Print

Earlier if we want to deposit money then only possible way was to make a bank deposit through cash or a paper check. But nowadays, it is also possible to make a deposit from a debit or credit card .So if you want to try this option then you can request to a bank deposit directly from your credit card issuer. Most of the card issuers will accept a deposit like this as a cash advance, but you do not need to actually receive any cash in this case.

What Needs To Be Done For Depositing Money Via Credit Cards Or Debit Cards:

For making deposit via credit cards or debit cards first thing you will need the bank name, routing number, and the account number you are making the deposit into. You have to wait for up to three days for the money to reach at the account.

For using a debit card for one account to make a payment into another account. Its a bank-to-bank transfer, so you will want to forget the card altogether in this case. Instead, transfer the money from one account to the other online through your bank. In few cases, the money will reach instantly this way. You can also call the bank to have them manage the transfer over the phone.

You can also use western union Western Union is offering a direct bank deposit just within three days. Just tell them the bank name, routing number, and the account number you are making the deposit into. Now just simply enter your card info and the money will be delivered to the bank account.

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