A visit to the nearest Walmart store is definitely on the checklist for most people and most of the time parents entrust their kids to shop from Walmart, and most of them do not even have a bank account. Also, sometimes they carry their most recent payroll checks in their pockets. Whatever the case, the good news is that Walmart is actually a great place to cash checks.
What makes it great is that all their fees are reasonable with high check limits. In this article, we take you through all that you need to know about cashing checks at Walmart.
Cashing personal checks at Walmart
The short and simple answer is yes. All you would need to do is just head out to the Walmart Money Center, or the customer service desk, and you can get your personal checks cashed from there.
Also, another benefit is that Walmart doesn’t need you to register before if you want to cash checks at Walmart stores, actually you do not even need a Walmart credit card for that.
About cashing two-party checks
Sure, that is possible too. All the local Walmart stores will cash your two-party personal checks, up to $200 per check, and you will be charged $6 for each. There are some retailers and grocery stores however which can charge up to $10 to cash a two-party check.
Other kinds of checks that Walmart cashes
Apart from personal checks and two-party checks, here are the following checks that Walmart cashes:
Tax refund checks
Insurance settlement checks
401(k), retirement disbursement checks
Moneygram money orders
IDs required to cash a check
As we explained before that cashing a check is quite easy and you can do so too anytime when you furnish your ID. Walmart accepts Drivers’ licenses, Military and tribal IDs, State issued IDs and US passports as recognized IDs.
The limit for check cashing at Walmart is $5000 per check, but in the months of January to April, they extend it to $7,500. Also, for checks up to $1,000 or under, you need to pay Walmart $4 as fees, the fees for cashing checks over $1,000 is at $8, and for two-party checks up to $200, you have to pay a maximum fee of $6.
Putting Cash on Walmart Money Card
Whenever you cash a check at Walmart, you are always given the option of transferring the amount of the check onto a Walmart Money card that can be used for further spending. Coming to think of it, this can actually be a good way to save money and keep control of excessive spending.
There you are, all covered on how could you cash personal checks at any local Walmart store. Now, you are all updated about how should you go about it, and we gave you tips on how to control your spending too.
Frequently Asked Questions (FAQs)
- Does Walmart cash personal checks?
The short answer is yes. Walmart does cash personal checks, you can visit your local Walmart stores and get your checks cashed.
- Does Walmart cash two-party checks?
Yes, all the local Walmart stores will cash your two-party personal checks, up to $200 per check, and you will be charged $6 for each. There are some retailers and grocery stores however which can charge up to $10 to cash a two-party check.
- What kinds of checks does Walmart cash?Walmart cashes all kinds of pre-printed checks, payroll checks, government checks, tax refund checks, cashiers’ checks, insurance settlement checks, 401(k), retirement disbursement checks, and MoneyGram money orders.