And Now for Something…Useful

How many times have you held onto a check for weeks because you didn’t have time to stop by the bank and deposit it? Since I rarely make trips to the bank, I tend to keep them for a long time. I do everything online now…well, almost everything. Checks still present a pesky problem. I have to go to the bank (or find an ATM) to deposit them. It’s so archaic!

Now there’s a bank that’s making that inconvenience a thing of the past. USAA recently introduced a brilliant new feature for its iPhone banking application, a check deposit feature. Customers simply enter the dollar amount, take a picture of both side of the check with their iPhone, and click send. The image goes into USAA’s deposit-taking system just like any other check. Everything is handled electronically. It’s so cool! And it’s about time someone figured out how to do it.

Now I just have to wait for my bank to offer it too! For more info and a demo, check out the video below.