Publix has become one of the most important supermarket chains in the United States. Its boom has been such that they have more than 1,000 stores around the country offering all kinds of services.
Due to its great popularity, many people wonder if, like other stores of this type, Publix offers to check cashing services.
Is it possible to cash checks at Publix?
Yes, it is entirely possible to cash checks at Publix. You must present the check with an identifying document such as a driver’s license or military ID.
The process is done to corroborate that you are the person whose name the check is made out to; therefore, the check will be cashed directly to you.
The problem with Publix is the small amount of money that can be withdrawn by check. Although they have the service, their limits are considerably low.
You can only cash personal checks up to $70 a day, and payroll checks can be up to $500 in a single transaction for an entire week.
In other words, cashing a second payroll check within less than a week of cashing the first check is not allowed, even if you do not cash the $500 maximum limit.
Whether Publix charges a small fee for each check cashing transaction, Publix charges a small fee that is usually not very high and does not exceed $4.
Why does Publix allow check cashing at its store?
In reality, the fact that Publix and other stores allow check cashing at their stores is not because they make a huge profit from the transaction. It’s more of a marketing strategy.
The premise is simple: People come to cash their checks, and at the counters, they see a product after cashing the check and they buy it.
In this way, Publix receives a higher number of purchases from people who originally did not intend to make them because, at first, they only went with the idea of cashing a check. Of course, they must also make profits from the previously mentioned commissions.
However, the main objective is to attract as many people as possible who may be their future customers and to build loyalty among their existing customers by offering a wide range of services.
Why do people cash checks at Publix and not at banks?
The reasons for cashing checks at Publix can be quite broad and depend on the needs and preferences of each person.
Long business hours
Most Publix stores are open from 7:00 am to 9:00 pm. Practically, it is always possible to cash checks from opening time to check-out time.
Occasionally, check to cash will be in the customer service section. If the customer service area opens later, you will have to wait to cash your check. However, it is always considerably longer than the bank’s hours.
Proximity of stores
Although banks have several branches, they are never as many as a store like Publix. Therefore, one of the best ways to quickly access check to cash is to go directly to the store.
Because of the large number of branches, stores can be much closer relative to a bank. Plus, the money you’ll save on a commission by going to the bank, you’ll end up spending on gas.
Less waiting time
Many times at banks, you’ll encounter seemingly endless queues to cash a check, even if the value of the check is relatively low.
At Publix, on the other hand, you will rarely have to wait more than a few minutes to be served. Usually, the check cashing clerk will be available, or you will have very few people in front of you.
Lack of a bank account
Many banks cannot cash your check when you don’t have a bank account. At Publix, you must show one of the documents mentioned above and bring your check. You do not need a bank account to cash your check; they even accept handwritten checks.
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