Finding retailers where you can cash your checks is a great advantage when you don’t want to go to the bank to make a deposit or don’t have a bank account. Walmart is one of the retailers where you can cash your checks; they have an excellent service for this purpose, especially in stores located in larger cities.
In fact, it is one of the most popular, because Walmart also accepts EBT, money orders, and FSA Credit Card.
Now, you should consider that their policy stipulates that you can have a maximum allowance of $5000 per check cashed, although this changes at tax season which increases slightly. In addition, you can make a maximum of three transactions per day.
How to cash personal checks at Walmart?
The personal check cashing process at Walmart is simple and quick when you follow all the procedures properly. To begin with, you must have a valid government-issued ID with a picture on it; that way, the information on the check is validated and it can be verified that you are the owner.
You need to give the check and the ID to the service provider, the customer, or the MoneyCenter manager where you are processing. Before processing, you must endorse the check, i.e. sign the back of it. The person in charge of the redemption will compare the signature on the check with the signature on the document to validate that you are the owner, so make sure you sign correctly.
The ID to cash the check can be your driver’s license, state-issued ID, U.S. passport, or military ID. It must be current and easily readable.
| Type of check | Price |
| Check up to $1000 | $4 |
| Check over $1000 | $8 |
| Two-part checks up to $200 | $6 |
Can I cash other types of checks at Walmart?
Of course, in addition to personal checks, Walmart offers this alternative for other types of checks. That way, you don’t have to go to the bank to make a deposit and you can buy everything you need without worrying about money. Some types of checks you can buy at Walmart include:
- Pre-printed checks
- Cashier’s checks
- Government checks
- Payroll checks
- Insurance settlement checks
- MoneyGram money orders
- 401(k), retirement disbursement checks
For each format, you will have some conditions to which you must adjust to get your money. The best thing to do is to ask all the necessary questions before making the redemption to make sure you do not have any inconveniences due to fees or conditions applied.
Does Walmart receive handwritten checks?
Walmart only accepts paper checks. This is because the time to verify the information and validity of the check is faster when they are printed, in contrast, handwritten checks are easy to forge and the verification process is more tedious.
The paper check-only rule allows Walmart to ensure that they will not cash a counterfeit check and avoid a lot of legal hassle. Regardless of wether or not the check you possess is fully legal and verifiable, Walmart’s policy does not allow them to receive these types of checks at their various check cashing stores.
How do I receive the payment from my cashed check at Walmart?
Once you make the transaction, you have two alternatives to receive your funds; you can either receive the cash or, on the other hand, load the money on your Walmart MoneyCard. This prepaid debit card is reloadable and can be purchased at Walmart customer service for as little as $1. This card is accepted at any store where you can pay with MasterCard or Visa debit cards.
When the check you cash is yours, there is no additional fee to load the money onto the card. However, when the check is not yours or cashed by you, there is a standard $3 fee to reload the card.
Thus, you will notice that you do not need to have a bank account to cash your checks at Walmart. If you do not wish to purchase the Walmart card either, you have the alternative of requesting payment in cash, although you should first ask if they have the funds necessary to deliver the full amount of the check.
MoneyCenter- What is it?
We’ve mentioned MoneyCenter check cashing from Walmart. If you’re not familiar with it, MoneyCenter is a kind of bank that you can use both in-store and on Walmart’s website. You can purchase credit or debit cards, make money transfers, and access cash services.
Having your bank account there is simple and doesn’t require too many requirements, plus it makes it easy to cash your personal checks.
Returned checks at Walmart
Although Walmart is quite open to the possibility of accepting your checks at their stores and cashing them to get your money fast, the truth is that there are some checks that are not accepted by the retailer.
As mentioned before, handwritten checks are not accepted at any Walmart store and under no circumstances. Checks issued to more than one recipient, post-dated checks, non-MoneyGram money orders, and MoneyGram money orders that were not issued by Walmart are also not cashed.
Now, in the case of checks issued to two recipients, you can find some stores that accept them, as long as they do not exceed $200, although in these cases they have additional fees of $6 for each check.
The recommendation is not to cash your checks with these characteristics in any Walmart store to avoid inconveniences or misunderstandings. Walmart’s check acceptance policies are very well established, if you have any doubts you can contact the customer service department of the store nearest you.
References
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“Check Cashing.” Walmart, https://www.walmart.com/cp/check-cashing/632047
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“If Someone Wrote Me a Personal Check, Can I Cash It at Walmart? – Quora.” Quora, https://www.quora.com/If-someone-wrote-me-a-personal-check-can-I-cash-it-at-Walmart
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“Walmart Money Center.” Walmart, https://www.walmart.com/cp/walmart-moneycenter/5433