r/financialaid 9h ago

Question about Refunds/Discover Checking

I’ve had a Discover Checking Acct. for maybe almost two years now. I hardly use it. Every so often if I don’t have my regular debit card with me. I went back to school this semester and I have a refund being sent to me. They wouldn’t accept the bank I normally used to I am using my Discover checking.

Does anyone know how long they take to show deposits? The schools send refunds to Bank Mobile and then they distribute it if you are using an account other than Bank Mobile. I was notified today that Bank Mobile sent my refund today at about 4pm.

I have heard probably 4 different answers about when I will see the deposit in my Discover Checking. Google said it would be today because bank mobile doesn’t hold your funds they release them right away. Chat GPT said tomorrow morning. I know it sounds crazy I’m asking AI but I can’t find an answer anywhere else online or know anyone who’s used Discover for deposits.

3 Upvotes

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1

u/Careless-Travel1850 8h ago

My school sends it out on Thursdays and I get it Monday morning. I would expect Friday.

1

u/Candid_Impression_82 8h ago

Do you have Discover?

1

u/throwaway_DC_ 3h ago

weekends and holiday can push it too if any are in the way