Tuesday, February 5, 2013

iBankUp & UpSide Cards add Remote Check Deposit

Plastyc’s mobile RDC feature allows cardholders to choose between having funds credited to the account in real-time for a fee or waiting five days for the funds to be loaded without a charge. The New York-based company charges 1% of the check’s value for printed payroll or government checks and 4% for other checks.

I don't believe this card is competitive since it charges for ATM usage plus the ATM owners surcharge but their check deposit sliding scale is unique.