Contents
- 1 Reasons For Funding Bank Accounts With Credit Cards
- 2 Bank Accounts That Can Be Funded With Credit Cards
- 2.1 1st Mariner Bank
- 2.2 1st United Credit Union
- 2.3 Andigo Credit Union
- 2.4 Arizona State Credit Union
- 2.5 Associated Bank
- 2.6 Bank of America
- 2.7 Bank of Colorado
- 2.8 Bank of the West
- 2.9 BB&T
- 2.10 BBVA
- 2.11 Blue Hills Bank
- 2.12 BMO Harris
- 2.13 Camden National Bank
- 2.14 Capital One
- 2.15 Chase Bank
- 2.16 Chartway Federal Credit Union
- 2.17 Christian Community CU
- 2.18 Citadel CU
- 2.19 Citizens Bank
- 2.20 Clearview Federal CU
- 2.21 Columbia Credit Union
- 2.22 Consumers Credit Union (Ridgewood)
- 2.23 Easthampton Savings Bank
- 2.24 Elevations Credit Union
- 2.25 Fidelity Bank
- 2.26 FirstBank
- 2.27 First Citizen’s Bank
- 2.28 FirstMerit Bank
- 2.29 First National Bank
- 2.30 First Niagara Bank
- 2.31 First Tennessee Bank
- 2.32 GTE Financial
- 2.33 Harborone Bank
- 2.34 Key Bank
- 2.35 Liberty Bank
- 2.36 Memory Bank
- 2.37 MountainOne Bank
- 2.38 Nassau Financial Federal CU
- 2.39 Newtown Savings Bank
- 2.40 Northpointe Bank
- 2.41 Northwest Bank
- 2.42 Northwest Savings Bank
- 2.43 Ocean First Bank
- 2.44 Orange County CU
- 2.45 Pinnacle Bank
- 2.46 PNC
- 2.47 Premier America Credit Union
- 2.48 Radius Bank
- 2.49 Regions Bank
- 2.50 Republic Bank
- 2.51 S&T Bank
- 2.52 Sandy Spring Bank
- 2.53 Santander Bank
- 2.54 Star One Credit Union
- 2.55 SunTrust Bank
- 2.56 Tech CU
- 2.57 TD Bank
- 2.58 U.S. Bank
- 2.59 Union Bank and Trust
- 2.60 Wells Fargo
- 3 Bank Accounts That Can’t Be Funded With Credit Cards
Many banks allow credit card funding towards the opening deposit when you sign up for a new Checking or Savings account. We’ve compiled a list of these banks below.
Other helpful pages pertaining to bank promotions:
- Current Bank Bonuses
- Soft Vs. Hard Inquiries When Opening Bank Accounts
- Methods Of Meeting Direct Deposit Requirements
- Banks With No ATM Fees Overseas
Reasons For Funding Bank Accounts With Credit Cards
- To meet opening deposit requirements for new Checking/Savings account bonuses.
- To help with credit card spending to meet a new credit card’s requirement for a sign-up bonus.
- To meet the minimum deposit requirement for new accounts and earn rewards on a credit card at the same time.
Bank Accounts That Can Be Funded With Credit Cards
Tips:
• Call customer service to set your Cash Advance limit on your credit card to $0 to avoid getting hit with a Cash Advance Fee.
• Funding with a Visa or MasterCard will work more often than with American Express cards.
• Citi credit cards are notorious for coding these transactions as Cash Advances!
Disclaimer: The data in the table below was taken from reports of several consumers from popular forums and blogs, so there’s no guarantee.
| Bank/Credit Union | Funding Info | Bank Promo |
1st Mariner Bank | Fund up to $2500. Amex card not accepted. | |
1st United Credit Union | Fund up to $2,000 | Promo |
Andigo Credit Union | Fund up to $500 with Amex, Visa or MasterCard | Promo |
Arizona State Credit Union | Fund up to $2500. Amex card not accepted. | |
Associated Bank | Fund up to $200. Amex card not accepted. | Promo |
Bank of America | No credit card funding, but you can fund with a debit card up to $300. | Promo |
Bank of Colorado | Fund up to $1000 | Promo |
Bank of the West | Fund up to $500 with Visa/MasterCard | Promo |
BB&T | Fund up to $1,500 with credit or debit card | Promo |
BBVA | Fund up to $500 with Visa | Promo |
Blue Hills Bank | Fund up to $1000. | |
BMO Harris | Can no longer fund with a credit card | Promo |
Camden National Bank | Fund up to $500 w/ Visa or MasterCard | Promo |
Capital One | Promo | |
Chase Bank | You can fund up to $500. *Shows up as a cash advance for many cards now. | Promo |
Chartway Federal Credit Union | Fund up to $1500. | |
Christian Community CU | Fund up to $100 | Promo |
Citadel CU | Fund up to $500 | Promo |
Citizens Bank | Fund up to $1,000 with Visa/MasterCard | Promo |
Clearview Federal CU | $500 with Visa or MasterCard | Promo |
Columbia Credit Union | Fund up to $2,500 | Promo |
Consumers Credit Union (Ridgewood) | Fund up to $1000. | |
Easthampton Savings Bank | Promo | |
Elevations Credit Union | Fund up to $10000. | |
Fidelity Bank | Fund up to $500 | Promo |
FirstBank | Fund up to $600 | Promo |
First Citizen’s Bank | Fund up to $1000. | Promo |
FirstMerit Bank | Fund up to $10000 with Visa/MasterCard | Promo |
First National Bank | Fund up to $499 | Promo |
First Niagara Bank | Fund up to $1000. AMEX is not accepted. | Promo |
First Tennessee Bank | Fund up to $300. | Promo |
GTE Financial | Fund up to $215. | Promo |
Harborone Bank | Fund up to $500 | Promo |
Key Bank | Fund up to $100. | Promo |
Liberty Bank | Fund up to $500 | Promo |
Memory Bank | Fund up to $500 | Promo |
MountainOne Bank | Fund up to $1000. | Promo |
Nassau Financial Federal CU | Fund up to $500 | Promo |
Newtown Savings Bank | Fund up to $1000 | Promo |
Northpointe Bank | Fund up to $100 with credit/debit card | Promo |
Northwest Bank | Fund up to $1,000 with a credit card | Promo |
Northwest Savings Bank | Fund up to $1000 | Promo |
Ocean First Bank | Fund up to $2500. | Promo |
Orange County CU | Fund up to $5,000 with Visa/MasterCard | Promo |
Pinnacle Bank | Fund up to $1000. | Promo |
PNC | *User has reported it’s only up to $100 now. Fund up to $2,000 with a Visa or Mastercard. | Promo |
Premier America Credit Union | Fund at least $500 depending on the Checking account chosen. | Promo |
Radius Bank | Fund up to $1000. | Promo |
Regions Bank | Fund up to $1000. | Promo |
Republic Bank | Fund up to $500 with Visa/MasterCard | Promo |
S&T Bank | Fund up to $100 with credit card | Promo |
Sandy Spring Bank | Fund up to $250 with Visa/MasterCard | Promo |
Santander Bank | Fund up to $500 with a Visa or Mastercard. | Promo |
Star One Credit Union | Fund up to $1000. | Promo |
SunTrust Bank | Fund up to $250 | Promo |
Tech CU | Fund up to $125 | Promo |
TD Bank | Fund up to $100 | Promo |
U.S. Bank | Fund up to $50 | Promo |
Union Bank and Trust | Fudn up to $2,000 | Promo |
Wells Fargo | Fund up to $50 with Visa or Mastercard. | Promo |
Bank Accounts That Can’t Be Funded With Credit Cards
People have reported that the banks below don’t allow credit card funding when opening an account.
- ACNB Bank
- America’s Credit Union
- Apple Bank
- Astoria Bank
- Avidia Bank
- Bank Direct
- Capital One 360
- Centennial Bank & Trust
- Citibank
- Charles Schwab Checking
- Clearview Federal Credit Union
- Columbia Bank
- Discover Bank
- Dollar Bank
- ESL Federal Credit Union
- Fifth Third (5/3rd)
- Five Star Bank
- Freedom Credit Union
- Freedom Federal Credit Union
- Fremont Bank
- Greater Nevada Credit Union
- HomeStreet Bank
- HSBC
- Huntington Bank
- IBERIABANK
- Ideal Credit Union
- Johnson Bank
- JSC Federal Credit Union
- MB Financial Bank
- Mango Bank
- M&T Bank
- My Banking Direct
- Nationwide Bank
- NorthShore Credit Union
- Nutmeg State Financial Credit Union
- Pacific Service Credit Union
- Peoples Bank
- Popular Bank
- Salem Five Bank
- Talmer Bank & Trust
- TDECU
- Union Plus Prepaid
- Webster Bank
- Whitney Bank
- Valley National Bank
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Not sure when this thing was written LOL but First Merit bank hasn’t been a thing for Years LOL. Come on now, there’s no way this post is Dated from 2020
US Bank cards used to fund USAA code as cash advance
Open a Bank of the West account use my Chase credit card to fund $500. Got charge $25 as a cash advance fee. Please be aware that.
I just tried to open a BBVA account, funding $5,000. Funding was repeatedly declined, and I called Citi, they said it was coming through as a cash advance (thankfully my CA limit is only 2,000 – so I wasn’t hit with CA fees).
OC credit Union Bank only allow $100 to be funded using credit card online on first initial deposit. It will record in your credit card (CITI AA) as a purchase. But after that if you want to fund more you need to go in-branch and they may coded as a cash advance. I spoke to the rep this morning.
PNC allows only $100 to be funded with a CC. I just called them up.
Thanks for the data Cam!
Not true if you apply online. I just opened a new checking account with $2,000 from Chase Ink Preferred Visa
If you fund a bank with cc, posting as purchase, then can you continue to deposit via cc to acct or is it just the initial funding for new acct opening?
Just initial deposit