Wells Fargo has 12,000 ATMs. ATM also known as Automatic Teller Machine is a cost efficient way to allow customers withdraw cash without in-person visit. However, when one person withdraws too much cash, others may not be able to get money too. That is why every Wells Fargo ATM has withdrawal limits, so that maximum number of customers can be satisfied. Wells Fargo allows to withdraw up to $1,000 per customer.

Another limit is set for Wells Fargo Debit Card. This limit is specific for every customer. When you are a new customer, your can withdraw $300 per day. However, after some time your withdrawal limit can increase. For example, my daily ATM withdrawal limit is $710.

The limit can be increased and decreased. You can call Wells Fargo customer support and ask the limit to be raised. However, decision depends on your eligibility.

How to find Wells Fargo ATM withdrawal limit?

You can find limit on cash withdrawals from your checking account using Wells Fargo Mobile application or using Wells Fargo website. Calling customer support is possible, but least convenient.

When you open Wells Fargo website and login, you can find page with your card details. To get to this page you have to first login to your bank account. Then select Accounts->Manage Cards->Turn card on or off. On the “Card Controls” page click on “Card Details.”

You can watch more detailed instructions in the following video.

If you are on your mobile phone, then on your mobile phone, after you open Wells Fargo App, tap on your checking account. Then tap on “Manage Account”, then tap on “Turn card on or off” and on Card Controls screen screen scroll down and tap on “Card Details”. On the “Card details” screen you can find your “Daily ATM withdrawal limit.

Here is how you can withdraw cash from Wells Fargo ATM

Wells Fargo is not the best bank for active ATM users. If you withdraw money from your debit card often, then you may find other ATM cards more useful. For example, Chime bank allows you to withdraw cash at two large networks of ATMs: MoneyPass and AllPoint.

Cash deposit to your Capital One 360 checking account is a very cool perk. It is something people miss in online-only banks and appreciate in big banks. Although Capital One is not an as big bank as Bank Of America, Chase, and Wells Fargo, it beats them in this regard. It has this very unique feature. For people who want to add cash to the Capital One Checking Account and don’t want to visit a bank branch it can be a game changer.

Cash deposit on debit cards in retail stores is a well known feature. It is available through Green Dot network or Vanilla Reload. All you have to do is take your eligible debit card, up to $500 and visit participating retail locations like Walgreens, 7-Eleven, CVS Pharmacy and some other stores. In the store, ask the cashier at the register to deposit cash to your reloadable debit card. It can cost you a fee up to $5.

Free cash deposit at CVS Pharmacy

Capital One in partnership with CVS now allows cash deposits to your 360 Checking account at the register. And all you have to do is:

1. Take your phone and use Capital One mobile app.
2. Generate a special barcode.
3. Go to the store and ask the cashier to deposit cash.
4. Let the cashier scan the barcode.
5. Keep in mind, that barcode is valid for 30 minutes. So don’t generate code before you are ready to make the deposit.
6. Give cash to the cashier and money should be available within a few minutes.

The limit on deposit is $999 per day and 5 transactions per month. And the deposit is free, so you don’t need to pay any fee. I’ve tried this cash deposit and it was very easy.

On the other hand if you prefer Walgreens as a place deposit cash, you may want to open an account in Chime Bank with a debit card. Chime allows you to deposit up to $500 per deposit without any fee. The total limit is $1,000 per day. Using Chime Debit Card you can deposit cash at other retail stores, but it will cost you a fee.

I believe free deposits at the Register is going to be more popular among other banks.

Debit Cards that are offered by fintech companies are often have lots of cool features. I have more than 10 debit cards and mobile only banks rock it. That is why when I heard about new debit card offered by well known HR Block I was eager to apply. I expected it would be similar to debit cards from other fintech companies like Chime and Current Bank.

My expectations were not realized. And, to be honest, the Spruce Debit Card is a massive disappointment. Even if you like HR Block, Spruce isn’t the right fit for you. Other debit cards and banks can provide you a variety of benefits. Let’s go over all of my complaints one by one.

Transfer money

You must be able to transfer money between a Spruce spending account and an external bank account using ACH transfer. In contrast, the only thing you can do is move money from other banks. You can pull money from an external bank account. Just link the bank and make the transfer. However, when you want to move money back to the external account you can’t. It looks like an attempt to retain disappointed customers from leaving. Hoping being unable to withdraw money they’ll stay.

Deposit paper check

You cannot deposit paper checks using the mobile check deposit feature. Spruce hasn’t implemented this functionality yet. Majority of other banks allow you to deposit checks this way.

You cannot send checks from your Spruce Account. Functionality for paying bills is not implemented yet. In the Spruce Mobile App it is show that Spruce plans this feature.

Why Spruce launched debit card without these essential features? Mobile Check Deposit and Send bills is a “Must Have” for any fintech application.

Deposit cash at the Register

It is great that Spruce Debit Card allows you to deposit cash at the register at retail locations. But even here Spruce managed to screw things up with a fee of up to $4.95 for each deposit. This fee depends on funds transfer providers like Vanilla.atRegister, GreenDot, Moneygram or Walmart. Each deposit is limited to $500 per deposit, $1,000 daily, and $9,500 monthly.

ATM withdrawals are free when you use Allpoint ATMs. If you use ATMs that are not in the Allpoint network, Spruce charges a $3 fee plus the ATM by itself can charge you a service fee. In contrast, other banks like Chime offer you Allpoint and MoneyPass networks free of charge. Charles Shwab Debit Card doesn’t charge you a fee at any ATM around the world and even provides rebates for the charges inquired by ATMs.

You can set up a direct deposit of your salary to your Spruce account. This way your paycheck should hit your balance the night before your payday. Here Spruce also failed my expectations. You can download a form for direct deposit or use routing number and account number to set it up manually. Other fintech apps like Chime allow you to set up direct deposit automatically using Atomic, which simplifies the process.

The Spruce Savings Account is miserable. Majority of fintech companies pay little interest like half percent every month. Some banks like Current Bank go as far as to pay 4% interest. Others, like Netspend, pay 5% if you receive a $1,000 direct deposit every month. Spruce pays no interest at all.

As a conclusion, having a Spruce Debit Card makes no sense to the majority of customers. It is too early to even consider, since its implementation is very raw.

Online-only banks and mobile-only banks like Current Bank became lifesavers for customers with low balances. Having a debit card with access to a large number of ATMs is handy. Big banks require people to maintain a minimum balance or reliably earn money to avoid monthly fees. It isn’t always easy. It may seem that folks who can afford keeping a higher balance are not going to benefit from banks like Current.

Current bank savings account

The first benefit that Current Bank offers is a high-yield saving account. Current Debit Card calls it a “Savings pod”. As of June 2022, it pays 4% APY on balances up to $2,000. And you can have up to 3 Savings Pods.

The average yield on savings accounts in the USA is 0.06%. Usually, high-yield savings accounts pay something around 0.5%. In this context, 4% is a decent APY and there are no additional requirements. Chime bank requires you to receive a direct deposit of $1,000 per month to get 5% APY.

The unique feature of the “Savings Pod” is that it pays interest daily. Most savings accounts on the market pay interest monthly. Seeing 20 cents being deposited to your savings account every day makes the process of savings more visible.

Teens Checking account

The second benefit is a Teens Checking account that you can open for your child. You can have up to 2 kids. This is a very nice addition to your Current Bank. Keep in mind, that banks like Capital One and Chase offer teen accounts as well.

Savings Pod and Teens Debit Card are the only original features of Current Bank. Yes, it offers 40,000 fee-free AllPoint ATMs. Using a Current Debit Card you can withdraw up to $500 per day. It doesn’t give access to MoneyPass ATMs like Chime bank.

Current Bank allows you to deposit cash at retail stores using “Vanilla.Reload” network. It charges you a $3.5 fee per deposit. Each deposit is limited to $500, and the total limit is $1,000 per day. The monthly limit is $10,000. You can find more details on how to load your Current Bank Debit Card. Chime and Capital One offer free deposits at selected stores like Walgreens (Chime) and CVS Pharmacy (Capital One).

Current Bank limits

There is a $10,000 limit on the balance of your checking account. This may be an important limit for high earners.

The bottom line is Current Debit Card is a good option to earn 4% APY on your savings or to make a debit card for your kids.

Cash App allows you to deposit money at convenient places like a retail stores. There are many reasons why you may find yourself in need to deposit cash in your bank account. The reasons include working for cash or receiving tips in cash. It may seem like a rare occasion for some folks, but for others, it is an everyday reality. Carrying loads of cash in your wallet is not a good idea. What can you do?

You can deposit paper money into your Cash App balance at participating retailers. These retail stores include well known brands like Walmart, Walgreens, 7-Eleven, and Family Dollar. You can find these stores in various states from the East coast to West coast. Beside these stores you can deposit at stores that are not as wide spread. For example, you can find Sheetz only in Pennsylvania, West Virginia, Maryland, Ohio, Virginia, and North Carolina. You can deposit money in other stores like KwikTrip, Speedway, H-E-B, GoMart, StopNGo, Thorntons, and Dollar General.

• Walmart Money Centers
• Walgreens
• 7-Eleven
• Family Dollar
• Dollar General
• Sheetz
• KwikTrip
• Speedway
• H-E-B
• GoMart
• StopNGo
• Thorntons

The best way to find the nearest store is to use the Cash App on your phone. When you open the Cash App, select banking and then tap on Paper Money. The Cash App will show you all stores where you can make the deposit. Once you are in the store, tap on “Show Barcode.” It will show you a barcode that the cashier can scan to make the deposit.

Watch how to find the barcode in Cash App.

Limits on cash deposits with Cash App

Pay attention to the fact that you are limited to $500 per deposit and you can deposit only $1,000 per week and $4,000 per month. The deposit includes a $1 fee. It means if you deposit $10, your balance will increase by $9.

If you want to load cash for free you should use Chime bank. It allows you to deposit cash without any fee at Walgreens. Alternatively you can deposit cash to Capital One 360 for free at CVS pharmacy.

If you have a Current Debit Card and want to load cash, here is how you can do it. You can add money to your Current Bank account at your neighborhood store. There are more than 60,000 stores participating in the VanillaReload network, that allow you to deposit cash at the register. The stores include CVS Pharmacy, 7-Eleven, Dollar General, and Family Dollar. This deposit usually costs a $3.5 fee.

To make the deposit you don’t need the actual debit card. You have to generate the barcode in Current bank app and ask the cashier at the retail store to make the deposit. In some stores cashiers maybe less familiar with the procedure, so be patient.

There are limits on how much money your can add to Current bank. Each deposit is limited to $500. You’ll have to deposit many times if you wish to deposit more than $500. At the same time, stores may have their deposit limits, so keep that in mind as well. The Current Bank daily deposit maximum is $1,000, and your monthly deposit limit is $10,000. The amount should be more than enough for a majority of potential customers.

In my opinion, Current Bank deposits are very expensive. If you compare it with other cards like Chime and Capital One Debit Card that allow you to deposit cash for free. Keep in mind, however, that they have lower limits. Capital One allows only $999 per month. Cash App in its turn allows you to deposit for only a $1 fee.

The most cost-efficient way to deposit cash on your Current Debit Card is to first deposit for free to Chime or Capital One. You can deposit money at Walgreens to Chime bank and to Capital One at CVS Pharmacy. Then your can transfer fund your Current Bank. It is going to take some time.

Additionally, if you already have funds in some other bank account, you can make an ACH transfer. You’ll have to connect Current Bank using account number and routing number and then transfer money.

When you fill some form in application for a credit card, bank account, loan etc. you need to provide an address. It can be a mailing address or a billing address. Address Line 1 and Address Line 2 of the address must be filled out. When you fill out a college application, for example, you will find Address Line 1 among other fields. What do you think it should be?

Address Line 1 is always required, unlike Address Line 2, which is optional. Without it, you will be unable to complete your application. You must enter a street address in address line 1, which should include the street name and house number.

Example 1 Address in New York

Let’s look at a Google Maps example of such an address. Assume you live at 117 Malba Dr in New York City in the USA. You must type “117 Malba Dr.” in the field address line 1. Your address should fit in Address Line 1 if it only has a street name and a house number. Lines 2, 3, and 4 of the address can safely be left blank.

Example 2 Address in California

In the second Google Maps example, we’ll look at a location in California. Assume your company’s address is “4632 Raley Blvd, Sacramento, CA 95838.” As a result, you must type “4632 Raley Blvd” in line 1 of the street address. Lines 2 and 3 of the address should be left blank.

Example 3. Address with suite that should go to address line 2

Suppose you have a business address in Sacramento, California, which is “405 K St #115, Sacramento, CA 95814”. The first line of the address should read “405 K St.” Then address line 2 should be #115. It helps to deliver mail to the business.

You can write the city, state, and ZIP code in address line 3 if there isn’t a dedicated field for them. Then country name and postal code can be entered in line 4.

To summarize, address line 1 is a street address that should include the house number as well as the name of the street. The optional apartment or suite number on address line 2 helps to clearly identify the mail recipient.

You can check the following video for more details.

Varo Debit Card aka Varo Bank has 5 important benefits that you should know about. I am not talking about the lack of minimum balance requirement or maintenance fee. These are not benefits, rather lack of minuses. Here are 5 essential benefits that should influence your decision to open the Varo Debit Card.

Early Direct Deposit

Early direct deposit is when you receive your salary or social security benefits onto your Varo account up to 2 days earlier than in other banks. Your money become available sooner.

What it means is that if your pay day is 31st of every month, then Bank Of America, Wells Fargo, and other big banks are going to keep your money in “Pending” or “Processing” state up to the 1st day of the following month. This so called “Hold” is very common among big banks and financial institutions. Money are usually released on the next business day.

Smaller banks like Ally Bank and credit unions often release money on the same day.

Varo bank like some other online only banks clears money on the 30th, the evening before your actual payday. Other examples of such banks are Chime, SoFi, Netspend etc.

Second Chance Bank

Varo is a second chance bank. What it means? Everyone can make a financial mistake and deserve a second chance. If big banks deny your application for a checking account, it means you are on a black list of ChexSystem. The system is similar to credit bureaus, where you have a credit score. ChexSystem is used by big banks when they make a decision whether to open you a checking account or deny your application. Getting on the “bad guys” list is easy, but getting out of it takes a few years. At the same time you still have to receive your paycheck somewhere. That is when Second Chance Banks like Varo are going to help and you can get approved for an account.

Large network of ATMs

With a Varo Bank account you are getting a Varbo Debit Card that gives you access to more than 55,000 fee-free Allpoints ATMs. You can find these ATMs in popular retail stores like CVS Pharmacy, Walmart, Walgreens and other common places.

AllPoint network of ATMs is shared between many small banks, that cannot afford having their own ATMs. This business model allows AllPoint to have more ATMs than any big bank in the US. AllPoint ATMs can be co-branded with other banks or they can be owned by AllPoint.

Cash Deposits

You can deposit cash in retail stores like CVS Pharmacy, RiteAid, 7-Eleven, Walgreens, and Walmart. The deposit can cost you a fee of up to $5.95 per deposit. The deposit is limited to $1,000 per day and $5,000 per month.

To make the deposit ask the cashier to add cash directly to your Varo Debit Card using the Green Dot network.

If you want a free cash deposit, you may be better to use Chime bank that allows you to make a free deposit at Walgreens. If you don’t like Walgreens or don’t like Chime, you can turn to Capital One, which allows you to make a free deposit at CVS Pharmacy. Also having 360 checking at Capital One can increase your chance of being approved for a Capital One credit card.

Having an emergency fund is also very important. That is why you may need a savings account that pays good interest.

High Yield Savings Account

Varo Bank offers high yield savings accounts with 0.5% interest. This is quite high if you compare it with big banks like Bank Of America (0.01%). Things are getting even more interesting if you receive $1,000 per month in direct deposit. This makes you eligible for 5% interest on up to $5,000. That can earn you up to $250 per year. That is quite a nice reward for having a fat emergency fund.

Overall, I don’t like Varo bank. The only thing that makes Varo attractive to me is the 5% interest. Other online-only or mobile-only banks like Chime Bank, Capital One, Current Bank offer more valuable benefits.