If you’re wondering on how to cash a check without a bank account then you aren’t the only one. More than 5% of American households do not have a bank account. If you’re a part of the unbanked statistics then you should keep reading to learn more, we’ll show you other ways to cash a check without a bank account.
|HSBC Advance checking account: Get $350 when you open an Advance checking account, fund account with at least $5,000 in New Money in combined checking and savings accounts within 30 calendar days of account opening and maintain balance for 90 days AND set-up monthly direct deposits from a third party into the checking account for 3 consecutive months Member FDIC Terms|
|Discover Online Savings Account: Earn $200 Bonus/$150 Bonus with promo code HMB619 by July 1, 2019 along with high interest rate of 2.10% APY. Fund your first savings account with a minimum of $25K by July 15, 2019 to earn the $200 Bonus. No minimum opening deposit, no minimum balance requirement, and no monthly fees. See advertiser website for full details. Apply Now---Discover Savings Review|
|Huntington 5 Checking: Earn $200 bonus when you open a Huntington 5 Checking account and make total deposits of at least $1,000 within 60 days of account opening. The $200 bonus will be deposited into your Huntington 5 Checking account after all requirements are met and your account is open for 90 days.
Apply Now---Huntington 5 Checking Review
|Chase Total Checking® + Chase SavingsSM: Earn $200 bonus when you open a new Chase Total Checking® account and set up direct deposit. Additionally you can earn a $150 bonus when you open a new Chase SavingsSM account, deposit a total of $10,000 or more in new money within 20 business days & maintain a $10,000 balance for 90 days. Apply Now---Chase Checking & Savings Review|
Table of Contents
Cashing A Check At The Issuing Bank
The easiest way to cash a check is to visit the issuing bank, you can find the issuing bank’s name right on the check. If the bank has a branch near you, you can head over to cash the check. This method typically costs the least of any cash checking method other than your own bank account.
Some issuing banks don’t charge a fee while others charge based on the amount of the check. When visiting the issuing bank, the teller can look up the availability of funds. If the funds are available, they will then deduct the fee from the cash you receive.
Cashing A Check At Retail Stores
You can do more than just shop at retail stores since many places offer check cashing at their service desk. The most popular retail stores offering these services include:
- Walmart: They can cash checks up to $5,000 with the exception of two-party personal checks. You may only cash two-party personal checks up to $200. Additionally, you can cash pre-printed payroll, government, tax, cashiers, 401(k) distribution, and insurance settlement checks. Walmart charges a flat fee for checks up to $1,000. The fees double for checks over $1,000.
- Money Services: You can find Money Services in many grocery stores like Kroger, Fred Meyer, and Fry’s. You can cash payroll, government, income tax refund, insurance settlement, and business checks at Money Services. They don’t accept personal checks. Money Services charges a fee and can cash checks up tp $5,000.
- Kmart: Shop You Way members can cash checks at Kmart. They accept government, payroll, and tax refund checks up to $2,000. Kmart charges a fee, but it’s much lower than many other retail outlets.
- Food Lion: They cash payroll checks and tax refund checks up to $1,000. They also cash rebate checks and traveler’s checks (up to $499.99). They do not cash personal or two-party checks. You also can’t cash handwritten payroll checks.
Cashing A Check At A Check Cashing Store
As a last resort, you may considering cashing a check at a check cashing store. This method may seem convenient, but it’s the most expensive option. Check cashing centers charge a fee for the convenience of the availability of the funds. The fee is a percentage of the check amount, usually up to 5%.
You get the full amount of the check right away. If you have a bank account, you will have to wait at least one business day for the funds to be available. Check cashing centers give you a short-term loan by giving you the cash right away. The service fee is their interest for the loan.
Cashing A Check at a Gas Station
One of the lesser known places to cash a check is actually at your local gas station. Although it is not as popular now, some gas stations still offer this service using some sort of touch screen kiosk. For example, 7-eleven still cashes checks using the Vcom kiosk service, where you can handle most of your financial tasks at.
The easiest option is to download their Transact App to deposit your check into a re-loadable 7-eleven debit card that can be used like any other debit card. Similar options to gas stations would be travel centers, so a Pilot Flying J or Travel Centers of America might have the service you need, but you should call ahead to make sure.
Cashing A Check Using Your Employer
In certain cases, your employer has the ability to cash your check for you. However, there are some rules and regulations on check cashing by employers, so most employers avoid offering this service. Still, some offer this service, and there is no daily limit on how many they can cash as long as they are payroll checks. Employers can even do non-payroll checks up to a maximum of $1,000 or else they will be labeled by the bank as a “check casher”.
Cashing A Check At The Grocery Store
One of the most reliable and convenient options when you’re looking to cash a check would be a grocery store. Generally, it would be one you go to several times a week anyways, so you wouldn’t be going too far out of your way to get your check cashed. Not all grocery stores offer this service, but an example of some that may include:
- Winn Dixie
- Albertsons ($1,000 limit)
- Stop & Shop
Keep in mind that fees and check limits will differ store to store, and you will need to have a government I.D. to cash your check. Most of these places will not let you cash a personal check, due to risk of possible fraud, but they will most likely let you cash a government check, payroll check, cashier’s check, or money order.
Endorse The Check To A Family Member or Friend
If you want to save the few dollars it may cost to cash an occasional check, consider asking a friend or family member for help. In order for someone else to cash your check, you have to endorse it over to them. You sign the check as you normally would and then write ‘pay to the order of’ and the person’s name underneath your signature. It goes without saying and keep in mind that you should only do this with someone you trust.
Cashing a check without a bank account is possible, but it will cost you money. When you have a bank account, check cashing is often a part of the services provided under the account agreement. Without a bank account, you have to use other resources and pay for the convenience of cashing a check.
|Discover Bank Online Savings||$200 Cash||Review|
|HSBC Premier Checking Member FDIC||$750 Cash||Review|
|HSBC Advance Checking Member FDIC||$350 Cash||Review|
|Huntington Asterisk-Free Checking®||$150 Cash||Review|
|Huntington 5 Checking||$200 Cash||Review|
|Chase SapphireSM Checking||$750 Cash||Review|
|Chase SapphireSM Checking||60,000 Points||Review|
|Chase Total Checking® + Chase SavingsSM||$350 Cash||Review|
|Chase Premier Plus CheckingSM||$300 Cash||Review|
|Chase College CheckingSM||$100 Cash||Review|
|Chase Private Client||$1,250 Cash||Review|
|TD Bank Beyond Checking||$300 Cash||Review|
|TD Bank Convenience CheckingSM||$150 Cash||Review|
|Discover Cashback Debit Account (Cashback Match)||$360 Cash||Review|
|Citibank Account Package||$500 Cash||Review|
|Chase Total Business Checking®||$200 Cash||Review|
|Huntington Bank Unlimited Plus Business Checking||$500 Cash||Review|
|Huntington Bank Unlimited Business Checking||$400 Cash||Review|
|Huntington Bank Business Checking 100||$200 Cash||Review|
|Huntington Asterisk-Free Checking: Earn a $150 bonus when opening a Huntington Asterisk-Free Checking account by June 30, 2019 and make total deposits of at least $1,000 within 60 days of account opening. $150 will be deposited into your Huntington Asterisk-Free Checking account after all requirements are met and your account is open for 90 days. Apply Now---Huntington Asterisk-Free Checking Review|
|Chase SapphireSMChecking: Enjoy 60,000 Chase Ultimate Rewards bonus points or $750 when you join SapphireSM Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts, and maintain the balance for at least 90 days.
60K Points Offer---$750 Offer---Chase Sapphire Checking Review
|Chase Private Client: Enjoy a $1,250 bonus when you join Chase Private Client. Within 45 days, transfer a total of $250,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts, and maintain the balance for at least 90 days. Apply Now---Chase Private Client Review|
|Chase SavingsSM: Earn $150 bonus when you open a new Chase SavingsSM account, deposit a total of $10,000 or more in new money within 20 business days & maintain a $10,000 balance for 90 days. You can link this account to your Chase checking account for Overdraft Protection. You'll have access to over 16,000 Chase ATMs and nearly 5,000 branches. Apply Now---Chase Savings Review|