If you have a check that needs to be cashed, you may or may not have a lot of different options for doing so.
Some people have checking or savings accounts at a bank or a credit union where they can cash or deposit their checks for free.
Those who do not have such accounts may have to pay hefty fees to cash their checks at banks and other financial institutions.
There are some stores and even gas stations that will cash certain types of checkers and each one will have its own policy that pertains to the service.
Understanding these policies and knowing which stores cash checks will allow you to take care of your financial business more easily and could save you time and money when you need to cash your check.
Does Walmart Cash Checks?
Yes, Walmart does cash checks.
Certain rules apply to this service, though.
Check cashing and other money services at Walmart can make it an attractive alternative to banks and other financial institutions.
Checks can be cashed at Walmart for many reasons, such as convenience, expiring checks, or when you don’t have a bank account and you receive a check.
The check-cashing fee at Walmart can be steep for smaller checks, ranging from $4 to $8.
Walmart check cashing can be a great option if you cannot use your bank or are dealing with a larger amount.
It actually has many benefits and can be the best option for you if you cannot use your bank.
How Much Does Walmart Charge To Cash Checks?
The maximum charge for a pre-printed check that is less than $1,000 is $4.
There is an $8 charge for pre-printed checks over $1,000 and up to $5,000.
There is a reload fee associated with the Walmart MoneyCard, which is a reloadable prepaid card, but there is no fee for reloading it.
If you have Walmart MoneyCard, you can also have all or part of that money loaded onto your card.
There is, however, a fee associated with this service.
Does Walmart Have A Limit On The Checks They Will Cash?
Checks over $5,000 aren’t accepted at Walmart, but they temporarily raise their limit to $7,500 from January to April.
This is because they are willing to cash checks from the IRS such as income taxes, which are often more than $5,000.
Private checks for more than 200 dollars are not permitted.
The number of checks you can cash per day is also limited to three.
What Documents Are Needed To Cash Checks At Walmart?
To cash a check, you will need a valid form of identification.
You will need to meet the following requirements to cash your checks at Walmart.
Walmart requires two forms of identification to cash a check.
One form of ID doesn’t have to have a photo, while the other requires one.
The person must have a valid driver’s license or ID issued by the state to cash checks at Walmart with pre-printed checks, tax refund checks, cashier’s checks, and any other kind of check that is considered a valid option.
For payroll checks, retirement checks, social security checks, and other types, Walmart considers a government ID with a photo as a valid source.
Walmart requires two forms of identification for cashing pre-printed checks.
At least one of them must have a photo, but both do not need to display photos to meet the requirement.
What Types Of Checks Will Walmart Cash?
Walmart accepts many types of checks that can be cashed on the spot.
Preprinted checks, government checks, payroll checks, income tax checks, and cashier’s checks are among them.
There are others, too.
Other options include insurance settlement checks, 401(k) checks or any other type of retirement checks, and two-party personal checks.
As long as the money order was originally purchased at Walmart, they also cash MoneyGram money orders.
Check with Walmart’s Money Center if you aren’t sure whether the check you have qualifies under the check-cashing service.
The check-cashing process at Walmart raises many questions.
Some people wonder if Walmart accepts handwritten checks.
Unfortunately, Walmart does not accept these checks among many other types.
Likewise, you probably won’t be able to cash a check written in someone else’s name, so you might be better off at a bank or different financial institution.
Will Walmart Cash Checks 24/7?
Walmart stores are frequently open 24 hours a day, but that doesn’t mean they will cash checks whenever a customer wants.
It depends on the Walmart location.
In some Walmart stores, checks can only be cashed at the service desk or the Walmart Money Center.
Therefore, your check must be cashed during center hours.
Hours are usually 8 a.m. through 8 p.m. from Monday to Saturday, and 10 a.m. until 6 p.m. on Sunday, though times vary by store.
Several Walmart stores allow checks to be cashed right at the register.
It’s always a good idea to check the hours of your local Walmart and call to see if they cash check during a certain time, before making a trip just to be denied.
Is There Any Reason Walmart Wouldn’t Cash My Check?
Checks may not be cashed at Walmart for many reasons.
They will not cash it if it has been more than 180 days since it was issued.
They may not cash it if any part of it is not legible.
They will not cash it if the written amount does not match the numerical amount.
Some Walmart associates may be able to cash a ripped or damaged check for you, but you should check with them first and it may depend on how serious the check is damaged.
Will Walmart Cash My Check And Add The Money To A Card?
In case you do not already have a Walmart MoneyCard but would like to have a check cashed and part or all of the proceeds placed onto it, you can do so in one of two ways.
In-store applications are accepted and, if approved, one will be issued to you the same day once you have paid the $3 set-up fee.
Additionally, WalmartMoneyCard.com allows you to request one online.
The cashier will load your cashed check funds onto your card after you receive it in the mail, and you won’t have to pay the initial $3 setup fee.
Walmart MoneyCard is a prepaid card that you load with your own money and works like a debit card.
These cards have either MasterCard or Visa branding and can be used for purchases and cash advances.
As an added benefit, you can also set up a direct deposit with your employer so that you can receive money from them two days sooner than you would wait for it to be deposited directly into your bank account.
The card also offers rewards.
This includes getting 3 percent back when purchasing on Walmart.com.
Getting gas at Walmart-branded or Murphy-operated gas stations will give you 2 percent back.
Using the card at a Walmart or Sam’s Club location will give you 1 percent back.
Can I Order Checks At Walmart?
Walmart’s Money Center also allows customers to order checks.
The Walmart Check Order Form will ask for your bank account information, including account and routing numbers, as well as the number you want your checks to start with.
WalmartChecks.com lets you order personal checks and business checks online.
You can order up to 600 checks at once.
These checks come in a variety of designs, including custom logos and personal pictures.
Depending on the style, the type, and the number of checks, they can cost anywhere between $8 and $50 per order.
What Are The Advantages Of Cashing Checks At Walmart?
Many people choose to cash their checks at Walmart because of the many benefits.
Walmart is a great place to cash checks if you don’t have a bank account or an account at a credit union where you can cash your checks for free.
1. No Extra Stops
Most people shop at Walmart for their groceries and other items, so there’s a good chance you will make a trip there at least once a week.
If you know you are going to be headed there and have a check that needs to be cashed, you can do it all in the same place.
This can save you time and gas money, as you won’t have to move around and travel to different places and will be able to take care of all your errands in one place.
2. Earn Money Back
You can earn money back on your purchases from Walmart if you use the Walmart MoneyCard as your banking account, which is great if you shop a lot at Walmart.
This can help make up for any fees you pay when you have your check cashed.
If you have your checks cashed there often, you may earn a lot of money back to use for shopping.
3. Low Fees
If the check is above $1,000, it costs $6; if the check is under $1,000, it costs $3.
The limit for cashing a check is $5,000.
It is worth noting from January to April, the cashing limit is increased to $7,500 to accommodate tax returns.
These prices are much less than what a bank or a credit union might charge to cash a check.
Some places can charge as much as $50 to cash a check.
4. Fast Service
Walmart stores are known for being fast at everything they do and cashing checks is no different.
They want to get you in and out of the store just as much as you want to get in and out.
You won’t have to wait a long time for the check to be cashed.
As long as you have the proper documents needed to cash the checks, you should be able to do so without any problems arising.
5. Short Lines
The option to cash your checks at any Walmart register can also help you avoid long lines.
You may cash your check at the Money Center, but most Walmarts also allow customers to have their checks cashed at the register, so there’s a good chance you can find one that is empty and have your check cashed without waiting in a long line for it.