I love to use the capital one 360 mobile banking app. There isn't a brick and mortar near me (not sure if they even exist). You can deposit directly from your phone and it pays interest. It will not accept money orders, with those, I deposit into my regular account and just transfer it over.
@Julie N. thanks Julie , but I was asking a escrow account to hold tenants deposit . Anyone else can help pls ?
@Liz C. Citibank has a special escrow account for landlords. I don't use them because I don't legally have to use and escrow account, but I came across it shopping for a new account.
@Julie N. I used to bank w/ cap1 360 and their Spark Business until they restricted my mobile deposits for writing "FOR DEPOSIT ONLY TO [ACCT #]" instead of signing my checks. They also reversed out a number of deposits I did like that. At that point it was worth it for me to pay the $25 or whatever each month to a 'major' brick-n-mortar bank.
@Matthew Olszak thank you! I will call Citi bank and give a try next time!
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