The news has got out and Walmart is cashing checks at any of their local stores. The Walmart check cashing policy is quite handy where service is reliable, convenient and fast.
Walmart’s check cashing policy is made in a way that you don’t even need to have a bank account to cash your check. And you don’t even need to get registered to access the service.
It’s a very simple and easy process to get the cash from your check.
Types of Checks Walmart is Cashing
Walmart’s Money Center is going to cash different types of checks. Only the ones which fall under it’s accepted forms of checks.
The policy includes payroll checks, tax refund checks, government checks, insurance settlement checks, cashier’s checks and any two-party personal checks which are up to the amount of $200. 401k. Retirement disbursement checks are also included in the policy.
Walmart is also cashing in MoneyGram money orders but only on the condition that they should be purchased originally at Walmart.
To see if your check is eligible for cashing or not, you can verify at the Customer Service desk.
Walmart is going to cash a check as long as it is pre-printed.
Check Cashing Process at Walmart
According to the Walmart check cashing policy you don’t need to do any kind of registration to access the service, or have a bank account to cash your check at Walmart.
To cash your check visit your nearest Walmart Money Center with your endorsed check and any kind of photo verification document.
The documents that are required in the process are:
- Valid Government-issued Identification cards, such as Driving License or Passport
- You have to also provide your SSN (Social Security Number).
These things if presented along at the service desk will make the process quite fast and easy.
After the authentication of the documents, you’ll be provided with your cash in just some minutes.
Walmart Check cashing Fees and Limits
When this news came everyone had a major common question that, “How much does Walmart charge to cash a check?” and “What is the Walmart check to cash fees?”.
So, Walmart charges $4 as transaction fees for cashing checks up to the amount of $1000 and a fee of $8 for cashing an amount between $1001 and $5000.
Whereas in the case of two-party personal checks, Walmart only allows the maximum amount to cash $200 for which $6 will be charged as the transaction fees.
And if you are cashing your check of amount more than $5000 during the January to April period, Walmart will check with their customer service department to know the maximum fees.
You can also reload your prepaid Walmart MoneyCard with the cash you received after cashing the check for which you will not be charged any reload fee which is of $3.
Walmart sets the limit at $5000 for a single check cashing transactions. But Walmart has increased this limit temporarily to $7500 for the period of January to April.
However, Walmart has limited the check-cashing transactions to 3 in a day for the amount of less than $5000.
Overall, Walmart check to cash service is quite fast, affordable and reliable as well as convenient.
For more details, you can always check out (pun!) Walmart.com