Discover doesn't have branches, so you'll need to use an ATM or transfer from another bank

Discover is an online bank with no physical branches, which means you can't walk into a location and hand a teller cash. Instead, you have three main ways to get cash into your Discover checking account: deposit it at an ATM that Discover partners with, transfer it from another bank account you own, or have someone else deposit it for you at their bank and then transfer it to you.

The fastest and most direct method for most people is using a Discover ATM or an ATM in the Allpoint network, which Discover customers can use for free. If you don't have access to one of these machines nearby, you can deposit cash at your current bank and then transfer the money electronically to Discover, though this takes an extra day or two.

Key Takeaways

  • Discover customers can deposit cash for free at any Allpoint ATM or at a Discover-branded ATM, which are located in grocery stores, pharmacies, and other retail locations.
  • You can also deposit cash at your existing bank and transfer the funds electronically to your Discover account, though the transfer usually takes one to two business days.
  • If you don't have a Discover debit card yet, you'll need to order one before you can use most ATMs, since the card is how the machine identifies your account.
  • Discover does not accept cash deposits by mail or through third-party services, so you must use an ATM or transfer method.

Finding an Allpoint ATM near you

Allpoint is a network of ATMs that Discover has partnered with, and Discover checking customers can use any Allpoint machine to deposit cash without paying a fee. You can find Allpoint ATMs at grocery stores like Kroger and Safeway, pharmacies like CVS and Walgreens, and convenience stores in most neighborhoods. To locate one, visit the Allpoint website or use their mobile app and search by your zip code or current location.

When you arrive at an Allpoint ATM, insert your Discover debit card, enter your PIN, and select the deposit option. The machine will guide you through the rest—you'll place your cash in the slot, confirm the amount on the screen, and the deposit will post to your account. Most deposits show up within minutes, though some may take up to one business day depending on the time of day you deposit.

Transferring cash from another bank account you own

If you don't have straightforward access to an Allpoint ATM, you can deposit cash at your current bank and then move that money to Discover. Go to your existing bank's branch or ATM, deposit the cash into that account, and then log into your Discover checking account online or through the mobile app. From there, you can set up an external transfer to move the funds from your other bank to Discover.

To set up the transfer, you'll need your routing number and account number from your other bank. Discover will ask you to verify the account by making small test deposits (usually two small amounts under $1 each) or by confirming information about the account. Once verified, you can transfer money between the accounts. The transfer typically takes one to two business days, so plan ahead if you need the cash quickly.

What to do if you don't have a Discover debit card yet

Your Discover debit card is how ATMs identify your account, so you'll need one before you can deposit cash at most machines. When you open a Discover checking account, Discover will mail you a debit card automatically—this usually takes five to seven business days. You can check the status of your card order by logging into your account online or calling Discover customer service.

If you need to deposit cash before your card arrives, your best option is to deposit the cash at your current bank and transfer it to Discover electronically. Once your Discover card arrives, you can start using Allpoint ATMs for future deposits.

Depositing cash someone else gives you

If a family member or friend wants to give you cash, they can deposit it into their own bank account and then transfer it to you electronically. They'll need your Discover routing number and account number to set up the transfer. You can find both of these numbers by logging into your Discover account online, checking your checks (if you ordered them), or calling Discover customer service.

Alternatively, if the person has a bank account at the same institution where you have another account, they can deposit cash there and you can transfer it to Discover yourself. This avoids the need to share your account details with someone else.

Timing and when deposits post to your account

Deposits made at Allpoint ATMs usually post within minutes during business hours, though some may take up to one business day. Deposits made late at night or on weekends may not show up until the next business day. Electronic transfers between banks typically take one to two business days, depending on which banks are involved and what time you initiate the transfer.

If you're depositing a large amount of cash, keep in mind that banks are required to report cash deposits over $10,000 to the federal government—this is normal and not a sign of a problem. Discover will handle this reporting automatically; you don't need to do anything.

Frequently Asked Questions

Can I deposit cash at a Discover branch?

Discover has no physical branches, so there is no location where you can walk in and deposit cash. You must use an Allpoint ATM, a Discover ATM, or transfer cash from another bank account you own.

Are there fees for depositing cash at Allpoint ATMs?

No. Discover customers can deposit cash at any Allpoint ATM for free. Allpoint ATMs are located in grocery stores, pharmacies, and convenience stores across the country.

What if there's no Allpoint ATM near me?

Deposit the cash at your current bank, then transfer it electronically to your Discover account. The transfer takes one to two business days. Once you have your Discover debit card, you can also use it at other banks' ATMs, though you may be charged a fee by that bank.

How long does it take for a cash deposit to show up?

Deposits at Allpoint ATMs usually post within minutes during business hours. Deposits made after hours or on weekends may take until the next business day. Electronic transfers from another bank take one to two business days.

Can I deposit cash by mail?

No. Discover does not accept cash deposits by mail. You must deposit cash in person at an ATM or transfer it from another bank account.