Payments

What is a deposit? 10 simple ways to deposit money into an account

• A bank deposit is when a person or business gives their money to a bank for safekeeping.
• There are several standard ways to deposit money: in person, at an ATM, and online.
• For those without bank accounts or looking for different ways to deposit money, alternative options exist, like using pre-paid debit cards and money orders.

What is a cash advance on a credit card, and how does it work?

A cash advance on a credit card allows cardholders to withdraw cash, typically from an ATM or bank teller, using their credit card. It can act as a short-term loan and help enable quick access to funds by borrowing against a card’s line of credit.