Do you have cash sitting around that you need to get into your Capital One account? Perhaps you're one of the many who prefer the convenience of in-person deposits, but your nearest Capital One branch or ATM is a bit of a trek. Good news! Capital One has partnered with a network of popular retail stores, including Walgreens, to make cash deposits easier than ever. This guide will walk you through the simple, step-by-step process of depositing cash at Walgreens for your Capital One account.
Let's dive in and get that cash where it belongs – in your Capital One account!
The Convenient Way to Fund Your Capital One Account: Walgreens Deposits
Gone are the days when depositing cash meant a trip solely to a bank branch or a dedicated ATM. Capital One understands that life is busy, and they've made it possible to add funds to your eligible checking account while you're already out and about. Walgreens, a familiar sight in most neighborhoods, is a key partner in this "Add Cash in Store" initiative.
This method is free, secure, and provides instant confirmation, meaning your funds are typically available for use within minutes!
Step 1: Prepare for Your Deposit – Get Your Capital One Mobile App Ready!
This is the most crucial first step! You absolutely need the Capital One Mobile app for this process. Without it, you won't be able to generate the necessary barcode.
Sub-heading 1.1: Download and Log In to the Capital One Mobile App
- If you don't have it already: Head to your smartphone's app store (Google Play Store for Android or Apple App Store for iOS) and search for "Capital One Mobile." Download and install the app.
- Log in: Open the app and log in using your Capital One username and password. If you haven't set up online banking or forgotten your credentials, you'll need to do that first.
Sub-heading 1.2: Ensure You Have an Eligible Account
The "Add Cash in Store" feature is available for eligible Capital One consumer checking accounts, such as:
- Capital One 360 Checking
- Total Control Checking
- Simply Checking
Double-check within your app that your checking account is one of these types. While some sources mention savings accounts, the primary focus for this service is typically checking accounts.
Step 2: Generate Your Unique Deposit Barcode in the App
Once you're logged into the Capital One Mobile app, the next step is to initiate the "Add Cash in Store" process and create your one-time barcode.
Sub-heading 2.1: Navigate to the "Add Cash in Store" Option
- Select your account: From the app's main screen, tap on the specific eligible checking account you wish to deposit cash into.
- Find the option: Scroll down on your account screen. You should see an option clearly labeled "Add Cash in Store." Tap on it.
Sub-heading 2.2: Enter Your Deposit Amount and Generate Barcode
- Input the amount: The app will prompt you to enter the exact amount of cash you intend to deposit. Be precise with this figure.
- Important Note on Limits: There are limits to how much cash you can deposit using this method. Generally, you can add:
- Up to $999 per transaction.
- Up to $1,500 per day.
- Up to $5,000 per month.
- You are also limited to 10 transactions per month.
- Be aware: Due to operational constraints, some Walgreens locations may only accept up to $190 per transaction. It's rare, but something to keep in mind.
- Important Note on Limits: There are limits to how much cash you can deposit using this method. Generally, you can add:
- Generate the barcode: After entering the amount, follow the on-screen prompts to generate your unique barcode. This barcode is time-sensitive and typically only valid for 30 minutes. If you don't use it within that timeframe, you'll need to generate a new one.
Step 3: Head to Your Nearest Participating Walgreens Store
With your barcode ready on your phone, it's time to visit a Walgreens location.
Sub-heading 3.1: Locate a Participating Walgreens
- While most Walgreens locations participate, it's always a good idea to confirm. You can often find a "Locations" or "Find a Store" option within the Capital One Mobile app or on the Capital One website (
capitalone.com/bank/add-cash-in-store/ - Important Exclusion: This service is not available at CVS Pharmacy® locations inside Target stores.
Sub-heading 3.2: Inform the Cashier and Present Your Barcode
- Approach the cashier: Go to any checkout counter at Walgreens.
- State your intention: Politely tell the cashier that you would like to "Add Cash to your Capital One account" or that you are performing a "Capital One cash deposit" via the "Add Cash in Store" service.
- Show your barcode: Present your smartphone with the generated barcode clearly visible to the cashier. They will need to scan it. Do not share your account number or any other sensitive banking information directly with the cashier. The barcode is all they need.
Step 4: Hand Over Your Cash and Confirm the Deposit
This is the final step in the physical transaction.
Sub-heading 4.1: Give the Cashier Your Funds
- Once the cashier scans your barcode, hand them the exact amount of cash you entered in the app.
- The cashier will process the transaction. There are no fees associated with using this service to deposit cash into your Capital One checking account.
Sub-heading 4.2: Receive Confirmation and Receipt
- In-app confirmation: Almost immediately, you should receive an instant confirmation within your Capital One Mobile app that the deposit was successful. This is typically a pop-up notification or a change in your account balance display.
- Printed receipt: The cashier will also provide you with a printed receipt for the transaction. Keep this receipt for your records. It's your proof of deposit.
- Funds availability: The best part? Your deposited cash is typically available for use within minutes after the transaction is completed. You'll also see the transaction reflected in your list of recent transactions within one business day.
Tips for a Smooth Deposit Experience:
- Plan ahead: Generate your barcode just before you head to Walgreens, given the 30-minute expiration.
- Exact cash: Try to have the exact amount of cash you intend to deposit. While cashiers can sometimes make change, it's smoother if you have the precise amount.
- Good lighting: Ensure your phone screen is bright and clear for the cashier to easily scan the barcode.
- Patience: While cashiers are trained, some may be less familiar with this specific type of transaction. Be patient and polite if they need a moment to process it.
- Connectivity: Make sure you have a reliable internet connection on your phone at Walgreens to access the app and generate the barcode.
10 Related FAQ Questions
Here are some frequently asked questions to provide even more clarity on depositing cash at Walgreens for Capital One:
How to check if my Capital One account is eligible for Walgreens deposits?
You can verify eligibility by logging into your Capital One Mobile app. Navigate to your checking account and look for the "Add Cash in Store" option. If it's available, your account is eligible.
How to find the nearest Walgreens that accepts Capital One cash deposits?
Use the Capital One Mobile app's "Locations" or "Find a Store" feature, or visit the "Add Cash in Store" page on the Capital One website, which allows you to search for participating Walgreens (and CVS/Duane Reade) locations near you.
How to deal with a Walgreens cashier who is unfamiliar with Capital One deposits?
Politely explain that you want to "Add Cash to your Capital One account using the 'Add Cash in Store' service with a barcode from your Capital One Mobile App." Show them the barcode on your phone. If they are still unsure, they can usually consult a supervisor or their internal guide for such transactions.
How to know if my deposit limits are met for the month?
The Capital One Mobile app will typically notify you if you are approaching or have reached your daily or monthly deposit limits for the "Add Cash in Store" service when you attempt to generate a barcode or complete a transaction.
How to ensure my cash deposit is secure at Walgreens?
The process is designed to be secure. You don't share your account number with the cashier, only a unique, temporary barcode. Once scanned, the transaction is immediately linked to your account via the app, and you receive instant confirmation. Always keep your printed receipt from Walgreens.
How to get a new barcode if my previous one expired?
Simply go back into the Capital One Mobile app, select your eligible checking account, and tap "Add Cash in Store" again to generate a fresh, new barcode.
How to deposit more than the daily or monthly limit at Walgreens?
If you need to deposit more than the stated limits ($1,500 daily, $5,000 monthly, or $999 per transaction), you will need to explore other deposit options, such as depositing at a Capital One ATM, a Capital One branch/Café, or an eligible Allpoint+ ATM that accepts cash deposits.
How to confirm my funds are available after a Walgreens deposit?
Your funds are generally available within minutes. You can confirm this by checking your Capital One Mobile app for an updated account balance and transaction history. You'll also receive an in-app confirmation and a printed receipt from Walgreens.
How to deposit a check instead of cash at Walgreens for Capital One?
Walgreens locations facilitate cash deposits via the "Add Cash in Store" feature. To deposit a check, you would typically use the Capital One Mobile App's mobile deposit feature (by taking photos of the check) or deposit it at a Capital One ATM or branch. Walgreens ATMs are usually Allpoint ATMs, and while some Allpoint+ ATMs accept cash, they don't generally accept checks for Capital One.
How to troubleshoot if my Capital One barcode won't scan at Walgreens?
Ensure your phone screen is clean, bright, and free of cracks. If it still won't scan, try generating a new barcode within the Capital One Mobile app. If the issue persists, there might be a temporary system issue, and you may need to try another Walgreens location or contact Capital One customer service.
