How to Add Money to My Navy Federal Account?
As a Navy Federal Credit Union member, you have a range of convenient options to add money to your account. Whether you’re looking to deposit a one-time payment or set up recurring transfers, we’ll guide you through the process step by step.
Option 1: Mobile Banking App
Contents
Adding Money via the Mobile App
- Download and Log In: Download the Navy Federal Mobile App from the App Store or Google Play Store and log in to your account using your username and password.
- Tap on "Deposit": From the app’s main menu, tap on the "Deposit" option.
- Choose Deposit Method: Select the deposit method you prefer: Mobile Check Deposit, External Account Transfer, or Deposit from a Navy Federal Branch.
- Enter Deposit Information: Fill in the required information, such as the deposit amount and account information.
- Confirm Deposit: Review and confirm your deposit information before submitting.
Option 2: Online Banking
Adding Money via Online Banking
- Log In to Online Banking: Go to the Navy Federal Online Banking website and log in to your account using your username and password.
- Click on "Transfers": From the online banking menu, click on the "Transfers" option.
- Select "Add Funds": Click on the "Add Funds" button to initiate a deposit.
- Choose Deposit Method: Select the deposit method you prefer: External Account Transfer, Mobile Check Deposit, or Deposit from a Navy Federal Branch.
- Enter Deposit Information: Fill in the required information, such as the deposit amount and account information.
- Confirm Deposit: Review and confirm your deposit information before submitting.
Option 3: Branch Visit
- Visit a Branch: Visit a nearby Navy Federal Branch during business hours.
- Present Identification: Present your valid government-issued ID and proof of address.
- Fill Out Deposit Slip: Fill out a deposit slip with the amount you want to deposit and the account information.
- Hand Over Deposit Slip: Hand over the deposit slip to the branch representative.
- Get Confirmation: The representative will confirm your deposit and provide a receipt.
Additional Options
• Direct Deposit: Have your paycheck or government benefits directly deposited into your Navy Federal account.
• Wire Transfer: Transfer funds from another financial institution to your Navy Federal account via wire transfer.
• Person-to-Person Payment: Use the Navy Federal Mobile App to send or receive person-to-person payments.
• Deposit from a Navy Federal ATM: Deposit cash or checks at a Navy Federal ATM.
Fees and Limits
| Deposit Method | Fees | Limits |
|---|---|---|
| Mobile Check Deposit | Free | Up to $10,000 per day, $50,000 per month |
| External Account Transfer | Free | Up to $100,000 per day, $500,000 per month |
| Deposit from a Navy Federal Branch | Free | No limits |
| Wire Transfer | $10-$30 | Varies by financial institution |
| Person-to-Person Payment | Free | Up to $10,000 per day, $50,000 per month |
Conclusion
Adding money to your Navy Federal account is a convenient and secure process. Whether you choose to use the mobile app, online banking, or visit a branch, you can easily deposit funds into your account. Remember to check the fees and limits associated with each deposit method to ensure you’re getting the best deal. With Navy Federal’s range of deposit options, you can manage your finances with ease and confidence.
