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Walmart Check Cashing: Hours, Rules, Limits, Policy, and More

When cashing a check, there are many factors that you’ll need to consider. Convenience is certainly one of the top items on the agenda. With this in mind, completing this task during an upcoming trip to your local Walmart is quite attractive. It certainly sounds better than high-street alternatives. After all, there’s a good chance you’ll be using that money in the store.


Given their national presence from coast to coast, it’s likely that Walmart will be your nearest and easiest point of service. So, what do you need to know about cashing a check at the world famous hypermarket? Here’s all you need to know.

The Checklist

Before heading to your local Walmart, you must ensure that the check being cashed adheres to the general legal requirements. Sadly, attempting to cash an incorrect check can bring serious consequences. Therefore, you must ensure that the sender is trustworthy and has filled out the necessary parts in the correct manner. This includes bank details as well as accurate names and data.

Endorsing the check via a signature on the back (on the appropriate line) is crucial. However, you should only do it just before arriving at Walmart, or any other vendor. This makes it a lot harder for someone else to cash it should it become lost or stolen. It’s only a precautionary measure, but it’s certainly one that’s worth taking.

When & Where?

Cashing a check at Walmart is particularly easy, and can be done at the checkout lane. However, if you are looking to cash a large sum, you may need to use the customer service desk or Money Center. Moreover, no purchase is necessary to use those facilities.

Many Walmart’s stop cashing checks once the Money Center or service desk is closed. In most locations, that means the doors are open seven days a week from 7:00-11:00. Most people naturally know the opening times of their local store. If unsure, however, the company website will provide all of the necessary info for each store.

Reasons To Use Walmart

The convenience of cashing a check while doing the weekly shop is just the start. In truth, there are several reasons to choose Walmart instead of other services. Perhaps the most obvious selling point is the fact that you can get your hands on the cash instantly. No more waiting for funds to clear as can be the case with some vendors. Better still, those facilities remove the need for a bank account. Given that millions don’t have access to traditional banking, this solves a very common issue.

Moreover, there is no need to register. This makes Walmart a particularly attractive service for people who only deal with checks on an infrequent basis. Therefore, it can be very useful if you’re simply cashing a birthday gift, reimbursement, or payment for a one-off job. Once again, if convenience is the aim of the game, this is a brilliant choice. Furthermore, those long opening times keep the options open when banks and other services aren’t available.

It is also possible to load your money onto a Walmart MoneyCard. Given the fact that most households have one of these, this is another benefit that other options cannot match. Essentially, it removes the temptation to waste money. Instead, you’ll be forced to spend it on the things you need in store.

If those incentives don’t inspire you to choose Walmart’s cash checking services, the low fees will almost certainly will.

Limits & Fees

Check cashing services at Walmart branches offer very pleasing handling fees. If the value of the check is $1,000 or less, you’ll pay a maximum service charge of $3. That works out to 0.3% on a one grand check. The fee does increase when you cash a check in excess of the $1,000 mark. However, the $6 cap is still very, very reasonable.

Walmart does carry an upper limit of $5,000 per transaction, though. However, this is increased to $7,500 between January and April. A $6 fee on the latter works out at just 0.08%, which is a rate you will struggle to beat at other vendors. Not least those that offer immediate payments on those checks. Besides, if you plan to go over the $7,500 limit, you’d probably use the bank.

It is, however, worth noting that those transaction fees are per check. So, if you have three checks of $1,000 each, you will pay $9 in processing fees rather than $6. Still, those costs are far lower than other merchants on the market.

Walmart’s Policy

As with any reputable financial service provider, Walmart has set standards in place across the company. First and foremost, you need to know whether your type of check can successfully be cashed at one of its lanes of customer desks.

The Wal-Mart Stores Inc. accepts the following types of checks:

  • Payroll checks
  • Government checks
  • Tax checks
  • Cashiers’ checks
  • Insurance settlement checks
  • 401(k) checks
  • MoneyGram money orders bought from Walmart

On the other hand, Walmart will not accept personally handwritten checks. Furthermore, it does not cash checks that are either expired or over 180 days old. Savings bonds and money orders from servers other than MoneyGram are rejected as part of the policy. Also, checks can only be cashed by the person is being paid to.

Finally, if your check cannot be read by the TeleCheck system due to tears or smudges, it will be rejected. Employees cannot type the numbers in manually, so if the scanner fails to accept it, you’ll need to take it elsewhere. Furthermore, the computerized network can reject checks as a precautionary measure if it suspects the funds won’t clear. It’s an unlikely scenario, but one that needs respecting regardless.

What’s Needed To Cash A Check

Walmart is quite lenient in the sense that you needn’t sign up or register for a membership. Nonetheless, the company still needs to verify you as well as the check. As such, the business conducts standard procedures. While none of them are time-consuming, you must be aware of them first. Sadly, forgetting key details will stop you from accessing the funds.

Anyone looking to cash a check at Walmart needs identification. This can come via a driver’s license or passport. Meanwhile, you may be asked your social security number. This doesn’t always happen, but you should be prepared for that question.

Additional Info

TeleCheck services can build a profile of you based on previous check cashing activities. Therefore, it can pay dividends to start cashing several checks here in future, especially if you don’t have a bank account. Some Walmart stores operate using a smaller computer network, but the model is identical.

Walmart is not a bank and does not make its decisions internally. If your check is rejected, it is not their fault. While your check will still be valid elsewhere, any arguments over the service in Walmart are futile.

Verdict

When bank facilities are available and convenient, they will commonly be the best choice. However, for convenience and affordability, Walmart cash checking is a great alternative. It’s quick, simple, and boasts longer opening times than most services. Better still, they accept most types of printed checks.

It can be a little frustrating that handwritten solutions are off-limits. Nonetheless, the ease and reliability of Walmart make it a winning option. If nothing else, using such a reputable company provides you a sense of security and satisfaction too. Whether it’s a one-off activity or a regular theme, at $3 for a $1,000, you cannot go far wrong.

Frequently asked questions

Does Walmart Cash Checks

Yes, Walmart does cash checks, both at the register and at the Walmart Money Center.

What you can cash

  • Payroll checks
  • Government checks
  • Tax checks
  • Cashiers’ checks
  • Insurance settlement checks
  • 401 (k), retirement disbursement checks
  • MoneyGram money orders that were purchased at Walmart

How to cash checks

  • Visit your local Walmart store
  • Cash your check at any checkout lane

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