Stores that Accept Personal Checks Near Me: Looking for the best check cashing locations? We’ve got your back. We are not yet a cashless society. Keep reading!
Direct deposit, PayPal, and Venmo are growing increasingly popular, but paper cheques are still in use.
You may still get cheques that need to be cashed until that day arrives. You’ve most likely come here to cash a cheques.
If you start a side venture this year, whether local or online, you could have a client who pays you in cash. Or maybe Grandma sent you money for your birthday.
Whatever the situation, you must cash the cheque.
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Stores that Accept Personal Checks Near Me
Here is a list of the top places to get your check cashed:
1. Your Local Bank or Credit Union
Your personal bank or credit union is the ideal location to cash a check, especially handwritten cheques.
One of your account’s features might be free cheque cashing. You might get fast access to your cash by visiting your local bank.
However, depending on your local banking alternatives, you may be better suited joining a credit union. Fees are often lower at credit unions than at banks.
Credit unions are an excellent solution if you do not require access to a nationwide network of branches.
To avoid monthly checking account fees, a credit union may have a reduced minimum balance requirement.
Many credit unions have a $5 minimum balance requirement to keep your account active.
Choose a local credit union or bank that provides free checking and is easily accessible.
If your bank does not provide free check cashing, you should open a new checking account.
2. Pay a visit to the Issuing Bank
If you don’t already have a bank account, the issuing bank is a good place to start. When compared to some of the other solutions on this list, it may be the cheapest and quickest option.
Some larger banks may have a higher cashing limit than other possibilities.
The name of the issuing bank appears in the bottom left corner of the cheque, above the memo line. To cash the cheque, go to the nearest branch of that bank.
For example, if the cheque was issued by BB&T Bank, you can go to your nearest BB&T bank.
The teller can next verify the account balance to ensure that enough funds are available to cover the cheque.
You must bring your ID to any of these cheque cashing sites to prove your identification.
Non-customers are subject to varying cashing policies at each bank. Don’t be shocked if you’re charged a non-customer fee; however, not all banks and credit unions do.
Calling the bank or visiting their website is the easiest method to find out.
If you must pay a fee, most banks charge one of the following:
- $0 for any check balance below $50
- $7 per check regardless of the balance
- $7-$10 for check balances above $50
- 10% of the check balance
Non-customer bank fees might often be more expensive than some of the other choices outlined above.
A few banks exclusively provide prepaid debit cards to non-customers for cashed checks.
This is a somewhat unusual technique. These prepaid cards may include monthly maintenance costs as well as expiration dates.
Read the terms and conditions if you obtain a prepaid debit card.
Use the card as soon as possible to avoid having your money expire.
3. Walmart Check Cashing
90% of Americans, believe it or not, live within 15 minutes of a Walmart shop. You will very certainly pass a Walmart before you reach the issuing bank.
And if you shop at Walmart, your cash may be used to supplement your weekly shopping budget.
For Walmart Check Cashing services, you may anticipate to pay the following fees:
- $4 for each check, up to $1,000
- $8 for each check greater than $1,000
The daily withdrawal limit is $5,000. Between January and April, the cap for Christmas money and tax refund checks rises to $7,500.
However, personal cheques in excess of $200 will not be accepted by Walmart.
Walmart can cash your cheque in exchange for cash or a Walmart MoneyCard. They waive the MoneyCard reload cost for some payroll firms and government checks.
Walmart accepts the following types of checks:
- 401 (k), retirement disbursement checks
- Cashiers’ checks
- Government checks
- Insurance settlement checks
- MoneyGram money orders
- Payroll checks
- Pre-printed checks
- Tax checks
- Two-party personal checks (limit: $200)
4. Your Local Grocery Store
Check cashing services at grocery shops are hit-or-miss. To discover out, contact their customer service department.
Some businesses may only accept payroll checks, cashiers’ checks, and money orders.
These checks are printed rather than handwritten. Unfortunately, check fraud prevents many businesses from accepting handwritten checks.
There are still some supermarkets that accept handwritten personal cheques.
Here are four national supermarkets that still accept checks:
- Albertson’s
- Kmart
- Kroger
- Publix
- Safeway
Check cashing costs for grocery retailers can be waived if the balance is less than 2% of the total or $6 per check. Each establishment has its own cashiering policy.
If you use store credit instead of cash, certain supermarkets may forego the cheque cashing cost. This is the superior choice if you buy food at that particular supermarket.
5. Gas Station Travel Centers
Personal cheques of any kind are no longer accepted at most petrol stations. It makes no difference if it’s handwritten, from your job, or a government check.
The risk of cheque fraud is just too great. You will have the best success if you stop at travel centres (truck stops) along the highway.
A travel centre accepts personal automobiles and features semi-truck refuelling lanes.
Try these two full-service travel centre brands:
- Pilot Flying J
- TravelCenters of America
Only a few of their locations accept checks, so you’ll have to try your luck or phone the nearest shop ahead of time.
You can obtain free checking cashing if you buy gas within two hours of cashing your check.
6. Transact by 7-Eleven
7-Eleven is one of the few gas station chains that accepts cheques. You must first install the Transact by 7-Eleven app.
This software allows you to pay a cheque by photographing it with your phone.
The sum is placed into your reloadable 7-Eleven prepaid card after most checks clear within 48 hours.
The card may then be used anywhere Debit MasterCard is accepted, which includes most online and retail businesses.
7. Endorse Your Cheque to a Friend
You may also give your cheque to a friend to cash for free. What are friends for, after all?
Endorsed checks are sometimes known as “third-party checks.”
It is straightforward to endorse a cheque for a friend to cash. Follow these steps on the reverse of the cheque:
- “Pay to the order of Friend’s Name” should be written on the top line.
- Under this endorsement, you sign the cheque.
- Each bank has its own policy for cashing approved checks. To combat cheque fraud, you may need to accompany a friend to the bank office to verify your identification as well.
- Some banks will ask you to fill out a form. This form authorises your buddy to cash your cheque. Before your friend travels alone to cash the cheque, check online or phone the bank.
- All banks do not accept third-party cheque, including Ally Bank, Discover Bank, and Regions.
8. Check Cashing Services
Because of the exorbitant expenses, this solution should only be used as a last resort.
Instead of a fixed cost, most places charge a percentage of the balance. This can be less expensive than other retailers who charge a set cost for lesser cheque amounts.
However, even if they charge a percentage of the cheque balance, costs for big sums are frequently lower at most other venues.
These check-cashing locations are common in your community. They accept all personal cheques, including handwritten checks from relatives and friends.
Unfortunately, this ease comes at a great cost. These establishments have the highest cheque cashing costs.
You must also pay a monthly maintenance charge when you load money into their reloadable debit card.
You can also expect to pay a recharge fee each time. If you want a reloadable debit card, pay your checks at Walmart if feasible.
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9. Use an App to Cash Your Check
They can also cash your personal cash online. PayPal and Ingo Money are two programmes that do not require you to be a bank client in order to cash a cheque.
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