The Walmart MoneyCenter offers two types of check-cashing services that cost as little as $3 for checks of $1,000 or less with two options for how you receive your money. Both services let you cash a wide variety of checks and are available in the checkout lines at your local Walmart with no pre-registration required. Simply bring the check and appropriate identification to use either of the two services.
Before you go to your local Walmart, make sure you understand the process and have everything you need to cash a check.
Types of Checks You Can Cash at Walmart
The two check-cashing services offered at Walmart are cashing a check and putting the funds on a Walmart MoneyCard or getting the cash in hand. Both payment methods let you cash a variety of pre-printed checks, including:
- Payroll checks
- Government-issued checks, including tax refunds
- Cashiers’ checks
- Insurance settlement checks
- 401k retirement disbursement checks
Walmart policy might allow other types of check cashing, but those are the main types of checks that are cashable at all local Walmart stores. Walmart also cashes MoneyGram money orders can be cashed if they were purchased at a Walmart store.
Walmart Check-Cashing Fees
A 2015 FDIC survey found that 7 percent of Americans do not have bank accounts. Although some stores and check-cashing businesses charge a percentage of the check amount, the Walmart check-cashing fee is as little as $3 and never exceeds $6.
Both Walmart check-cashing services charge a flat $3 fee to cash checks up to and including $1,000. The fee rises to $6 for checks up to $5,000, which is the highest amount for which you can cash a check, according to Walmart policy. If you opt to transfer the money to a Walmart MoneyCard rather than taking cash, the usual $3 fee for reloading the card is waived. If you don’t have a Walmart MoneyCard but are interested in this method, order one for free on the Walmart website or buy one for $3 in the checkout line.
How to Cash a Check at Walmart
The check-cashing process at Walmart involves five steps:
- Visit a local Walmart store. Search on the Walmart website if you don’t know a store location near you. The online search also lists store hours if you’re looking for a Walmart that’s open 24 hours.
- Go through any checkout line.
- Present the check and appropriate identification to the cashier.
- Pay the required fee of $3 or $6, depending on the amount of your check.
- Let the cashier know whether you want cash or are transferring funds to your Walmart MoneyCard.
Make sure to visit your local Walmart within its operating hours, which are available online, and bring the check and valid identification to ensure your transaction goes smoothly. If you’re adding the funds to your Walmart MoneyCard, bring it along as well. Otherwise, you’ll have to take cash and pay a $3 fee to add the funds later.
Walmart Check-Cashing Advantages
Walmart MoneyCenter check-cashing services have several advantages:
- Affordable flat fees that won’t exceed $6
- Available at over 4,000 store locations in the United States
- Convenient Walmart check-cashing hours
- No pre-registration required
- Multiple types of ID accepted
Among the 4,000 U.S. store locations, some are open 24 hours a day, making Walmart check-cashing hours convenient for virtually everyone. Customers do not have to register to cash checks at Walmart. They simply go through any checkout line to conduct the transaction. Walmart accepts driver’s licenses, U.S. passports, and military, tribal, and state IDs as appropriate identification to cash checks.
Walmart Check-Cashing Disadvantages
Walmart check-cashing services have some disadvantages, too. If you’re asking where to cash a personal check, Walmart is not the answer. According to Walmart check-cashing policy, you cannot cash a personal check or other checks that are not preprinted, nor can you cash a check for over $5,000. However, if you have a check that falls within the Walmart MoneyCenter guidelines and limitations, your local Walmart store is a convenient, low-cost option for cashing it.
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