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re: USAA for banking? No physical locations?

Posted on 2/14/20 at 7:46 am to
Posted by notsince98
KC, MO
Member since Oct 2012
18073 posts
Posted on 2/14/20 at 7:46 am to
quote:

Holds on funds especially on a new account is normal. It will happen even with an established account based on risk criteria.

Does USAA not offer check deposit from their mobile app? Most banks do these days. It would probably still have a hold regardless.


USAA has the fastest releases of any bank I have used. They never put a hold on any of my mobile deposits, transfers, etc. In fact, they post my friday paychecks on the thursday before. I don't get how that happens by it does the same thing for my brother.

I think this hold situation has to be related to initial deposits or something.
Posted by Neauxla_Tiger
Member since Feb 2015
1883 posts
Posted on 2/23/20 at 8:31 am to
quote:

USAA has the fastest releases of any bank I have used. They never put a hold on any of my mobile deposits, transfers, etc. In fact, they post my friday paychecks on the thursday before.


This. Definitely one of the best features. Also love having their 2.5% cashback on everything credit card. Haven't been too impressed with any of their other products though, including insurances.

I keep another account with Capital One for cash deposits
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