serious suggestion: never call any bank to confirm if ING/PayPal/ACH Push is counted as direct deposit.

Citizens Bank counts ING as direct deposit.

MATTOH said:Would someone please confirm if Chase treats INGDirect transfers as direct deposits? Thanks.
I also want to know this. If somebody has Chase do test it and tell us.

lowmazda said:Sent money via Paypal to Commerce Bank (The one in the North East area) treated as DD
Sent money via Paypal to Washington Mutual - treated as DD

Will test ING soon

Sent money via ING to Commerce Bank (The one in the North East area) - treated as DD

How do you confirm that it gets treated as DD? Do you call and ask them..sorry am lost..I need to set up DD for my citi account and I have emigrantdirect... will that work? or will paypal work..no one has confirmed yet that citi treats Paypal as dd (ING is confirmed)

also is there a minimum limit for direct deposit??

scripta said:I've been doing DD from ING to Presidential Bank and never had a problem with them. Not sure how this combination got on the confirmed non-working list.

Your account was never reviewed...

EugeneV said:scripta said:I've been doing DD from ING to Presidential Bank and never had a problem with them. Not sure how this combination got on the confirmed non-working list.

Your account was never reviewed...

Exactly. What has been reported by many is that when they had to contact customer service for something unrelated the reps would review the account and note if the source of the funds did not appear to be from an approved source (pension, payroll, etc.) or they did not have a DD setup, at which time they would be required to set up the required DD or have their interest rate cut. The difference here I believe is that the larger banks make the assessment of whether you are complying with DD requirements within their systems, while Presidential seems to only be able to make that assessment through manual review. That's why at many of the larger banks you can get away with using ING or an ACH push from another account as your DD, but you cannot with Presidential. Of course, that also means that not every account is checked and some can get away with having no DD (real or artifical) at all and still retain their rate.

Moral of the story: don't give them any reason to review your account. Don't call customer service for anything, don't put in an address change, don't do anything that might require the eyes of an actual human being.

Citibanks counts paypal deposits as a direct deposit. I've been using it to avoid the fee for some time now.

CharterOne is denying me my $25 bonus for Direct Deposit because it came from Paypoo.

When I do a Paypoo transfer to CharterOne, it's labeled as Direct Deposit !! Any ideas?

haner said:Kinda a dumb question here but what difference does it make if it counts it as DD? I've transferred money from paypal to my citibank account numerous times and it takes about 4 days. Does it matter?

Yeah, I'm confused too. I've been using paypal with my WellsFargo checking account for years now without any problems. Either paying for stuff, or recieving payment. I just set up an ING savings account, and have made 3 transfers of money from my checking account into ING. Also, I recieve a weekly direct deposit for my payroll check from work.

So are you guys saying that you are unable to transfer money from accounts like ING into your B&M banks? Sorry, if these are dumb questions, but I want to make sure there won't be any future problems for me since my bank is listed as no DD.