UPDATE for 2013 — ING DIRECT is now Capital One 360.
Snap up your housecoat, don your Slanket and whip out your smartphone ‘cuz you are one step closer to never leaving the house. ING’s remote check deposit solution has finally arrived. “CheckMate” allows anyone with an ING DIRECT Orange Savings Account, Kids Savings Account, Electric Orange or MONEY to deposit checks from anywhere – even in front of a blooming bougainvillea.
No fees. Use the free mobile app or your computer. There’s a daily limit of $5,000 or 20 check deposits, whichever you reach first, and a check limit of $3,000. Read more about CheckMate’s basics and requirements. You can also watch a video of how it works:
Checks deposited using CheckMate have slightly different hold times than regular transfers:
- Checks deposited into Electric Orange or MONEY for less than $500 – first $200 is available the next business day, the remaining funds are available after 2 business days
- Checks deposited into Electric Orange or MONEY for greater than $500 – first $200 is available the next business day, the remaining funds are available after 5 business days
- Any deposit into an Orange Savings Account or Kids Savings Account – funds are available after 5 business days
Keep in mind, any check deposits you make after the 5 PM Eastern cut-off time will count towards your limit for the following day.