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Bank Accounts That Can Be Funded With Credit Cards When Opening

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Funding Bank Accounts 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:

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 UnionFunding InfoBank Promo

1st Mariner Bank

Fund up to $2500. Amex card not accepted. 

1st United Credit Union

Fund up to $2,000Promo

Andigo Credit Union

Fund up to $500 with Amex, Visa or MasterCardPromo

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 $1000Promo

Bank of the West

Fund up to $500 with Visa/MasterCardPromo

BB&T

Fund up to $1,500 with credit or debit cardPromo

BBVA

Fund up to $500 with VisaPromo

Blue Hills Bank

Fund up to $1000. 

BMO Harris

Can no longer fund with a credit cardPromo

Camden National Bank

Fund up to $500 w/ Visa or MasterCardPromo

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 $100Promo

Citadel CU

Fund up to $500Promo

Citizens Bank

Fund up to $1,000 with Visa/MasterCardPromo

Clearview Federal CU

$500 with Visa or MasterCardPromo

Columbia Credit Union

Fund up to $2,500Promo

Consumers Credit Union (Ridgewood)

Fund up to $1000. 

Easthampton Savings Bank

Fund up to $1,000 on Visa, MasterCard, DiscoverPromo

Elevations Credit Union

Fund up to $10000. 

Fidelity Bank

Fund up to $500Promo

FirstBank

Fund up to $600Promo

First Citizen’s Bank

Fund up to $1000.Promo 

FirstMerit Bank

Fund up to $10000 with Visa/MasterCardPromo

First National Bank

Fund up to $499Promo

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 $500Promo

Key Bank

Fund up to $100.Promo

Liberty Bank

Fund up to $500Promo

Memory Bank

Fund up to $500Promo

MountainOne Bank

Fund up to $1000.Promo

Nassau Financial Federal CU

Fund up to $500Promo

Newtown Savings Bank

Fund up to $1000Promo

Northpointe Bank

Fund up to $100 with credit/debit cardPromo

Northwest Bank

Fund up to $1,000 with a credit cardPromo

Northwest Savings Bank

Fund up to $1000Promo

Ocean First Bank

Fund up to $2500.Promo

Orange County CU

Fund up to $5,000 with Visa/MasterCardPromo

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/MasterCardPromo

S&T Bank

Fund up to $100 with credit cardPromo

Sandy Spring Bank

Fund up to $250 with Visa/MasterCardPromo

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 $250Promo

Tech CU

Fund up to $125Promo

TD Bank

Fund up to $100Promo

U.S. Bank

Fund up to $50Promo

Union Bank and Trust

Fudn up to $2,000Promo

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.

Other Bank Offers You May Like

The best bank promotions are updated here. See the below pages to get started with some of the best offers:

  • Chase Bank Offers. Read about several offers for their Checking, Savings and Business accounts. Chase usually offers the most sign-up bonuses of all the big banks.
  • TD Bank Offers. TD Bank consistently offers great Checking account bonuses all year long.
  • HSBC Bank Offers. HSBC Bank routinely has offers for several of their Personal Checking and Business Checking accounts. They also have a good referral program.
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*These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

Comments

  1. 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.

    Reply

  2. 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).

    Reply

  3. 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.

    Reply

  5. 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?

    Reply

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