A lot of credit cards give you rewards on everyday spending, which you can then collect
as a direct deposit into your bank account or a statement credit on your bill.
According to the various service agreements we reviewed, the best way to avoid these extra fees was to use direct banking services
such as direct deposit.
5 Customers can choose to receive cash back
redemptions as a direct deposit into their HSBC Bank USA, N.A. Checking or Savings account or as a statement credit on their HSBC Credit Card.
You can redeem your cash back
reward as a direct deposit into a Bank of America checking or savings account or receive a statement credit.
If you wish to open the account with less money, then you will earn a $ 50 dollar bonus as long
as direct deposits equaling $ 500 are deposited into the account within the first 60 days.
If the source of a large deposit is readily identifiable on the account statement, such
as direct deposits where the source of the deposit is printed on the statement, the lender does not need to obtain further explanation or documentation.
Electronic Funds Transfers (EFT's) such
as direct deposits from employers or other businesses are accepted into personal and business accounts at no charge from First Hawaiian Bank.
I took an approach similar to the one you did — I sent ACH transfers from two different sources hoping it would increase my chances that at least one would be
recognized as a direct deposit.
There are several options to do direct deposit into a bank account other than your paycheck and Doctor of Credit has a good summary of what counts
as direct deposit in his post here: LINK
Depending on the staffing company, benefits available to temporary employees can include such
things as direct deposit, holidays off, medical / dental, employee referral bonuses, and 401K benefits.
Note that as stated in the T&C above, automatic and regular ACH transfers from other external banks don't
qualify as direct deposit.
Customers can choose to receive cash back
redemptions as a direct deposit into their HSBC Bank USA, N.A. Checking or Savings Account, or as a statement credit on their HSBC Credit Card.
Take advantage of everyday banking features
such as direct deposits, online bill payments, withdrawals, debit purchases and more with a Performance Chequing - Unlimited or Performance Chequing - Limited Account in Canadian or US Dollars
Even though it's not strictly a cash back card, you can redeem your points for cash in the form of a statement credit on your HSBC credit card or
as a direct deposit into your HSBC Bank USA, N.A. consumer checking or savings accounts in your name alone or as a joint accountholder.
Brokerage firms don't have as many branches as most major banks, so in the days before online banking, it was difficult for them to offer services that required initial branch visits, such
as direct deposit or bill payment.
Must have at least one direct credit or debit (ACH credit or debit), such
as direct deposit or automatic bill payment
To achieve the first tier on balances of up to $ 10,000, you need to do four things: Complete at least 12 debit card purchases, make or receive at least one electronic transaction such
as a direct deposit or bill payment monthly, access online banking at least once monthly and enroll in electronic documents.
Bank of America ® allows credit card transfers to a checking or savings account to be set up
as a direct deposit.
Knowing how to locate these important numbers is useful for setting up automatic payments for monthly bills and filing forms for actions such
as direct deposit.
Also referred to
as direct deposit, the electronic banking network in the U.S. through which payments are sent between banks and their customers.
Transfers from one account to another, or deposits made at a banking location or ATM, do not qualify
as a direct deposit.
Checking account deposits have a standard two - day hold; however, some types of deposits (such
as direct deposit) are available sooner.
Electronic fund transfer systems include automated teller machine transfers, telephone bill - payment services, point - of - sale (POS) terminal transfers in stores and preauthorized transfers from or to a consumer's account (such
as direct deposit and social security payments).
Other times the presence of certain transactions, such
as direct deposit, is enough to get the fee waived.
Access to debit functions, such
as direct deposit, and online bill pay, without the need for a bank account
4 Customers can choose to receive cash back redemptions
as a direct deposit or as a statement credit on their HSBC Credit Card.
If you select cash back
as a direct deposit, only HSBC Bank USA, N.A. consumer checking and savings accounts in your name alone or as a joint accountholder are eligible.
Electronic fund transfer systems include automated teller machine transfers, telephone bill - payment services, point - of - sale (POS) terminal transfers in stores, and preauthorized transfers from or to a consumer's account (such
as direct deposit and Social Security payments).
The main goal here, apparently, is that you should actually use the account and not just park $ 5000 in it, so they're okay as long as they see some regular account activity such
as a direct deposit or automatic withdrawal of $ 100.
- PS will charge you a monthly fee if you don't meet minimum transaction requirements (such
as direct deposit or two debit card purchases); Ally doesn't.