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Cash Check Online

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© Joe Raedle/Getty Images 4 Ways to cash a check without a checking account

If you have a checking or savings account at a federally insured bank, you should have no trouble cashing a check there.

But for the millions of people without a bank account, check cashing is not as easy. Approximately 8.4 million U.S. households, comprising 14.1 million adults, don’t have a bank account, according to a 2017 survey from the Federal Deposit Insurance Corporation.

Check

There are ways to cash a check without a bank account, but they cost more money, often require more time and involve more risk than check cashing at a bank where you have an account. Here are five options:

1. Check cashing at the issuing bank

Banks and credit unions are not required to cash checks for non-customers, but many banks will cash a check payable to a non-customer if the check is written by an account holder at that bank.

There are a few requirements though. For one, there must be enough money in the account the check is written against to cover the check. The payee will need to show identification, such as a driver’s license or military ID.

The payee also should expect to pay a fee. Check-cashing fees at traditional banks hover around $8. If you get paid 52 weeks a year, that’s $416 in check-cashing charges.

And there may be restrictions, such as limits on check amounts and refusal of two-party personal checks. Checks that are six months old or more might be declined.

2. Check cashing at a retailer

There are a number of big retail stores like Kmart, Walmart and grocery chains that offer check-cashing services.

The least expensive option is probably Kmart, if you can find one that hasn’t closed. The struggling retailer charges only $1 or less to cash checks, including two-party personal checks up to $500. The caveat is that you need to be a member of the store's 'Shop Your Way' program to use the service. Joining the program is free.

Walmart charges $4 to cash checks up to $1,000 and up to $8 for checks more than that amount. Walmart also cashes two-party personal checks, but it limits them to $200 and charges a $6 max fee.

Grocery chains often provide check-cashing services. Kroger, Publix, Giant Eagle, Albertsons and Ingles, to name a few, cash checks. Fees typically range from about $3 to $6.

3. Loading funds onto a prepaid debit card


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People who don't have bank accounts sometimes use prepaid cards to deposit checks and access their cash. Prepaid cards are similar to checking account debit cards. Your spending is limited by how much money you have loaded onto the card.

Prepaid cards have different options for check cashing. Some prepaid cards let you set up direct deposit so that checks are automatically loaded onto the card. Other cards come with an app that lets you snap a picture of your check to load it onto your card. Or, you might be able to deposit your check at an ATM to load the money onto the card.

Fees are a big drawback of prepaid cards. The Walmart MoneyCard charges $2.50 to withdraw money at an ATM (not including the fee the bank charges) or a bank teller window, and 50 cents to check your card balance at an ATM. There is a monthly fee of $5.94 unless you load $1,000 a month onto the card.

Reload fees can be steep. It can cost you up to $5.95 to add money to a Green Dot Prepaid Visa card. Green Dot also charges a $3 ATM fee. Sometimes, prepaid card fees are scaled according to how quickly you want your money, and you can get dinged for expedited availability.

4. Cashing your check at a check-cashing outlet

Check-cashing outlets are probably the most expensive places to cash checks. Some of them require customers to become “members” or to buy check-cashing ID cards before they will cash your checks. In addition to a membership fee, they might charge a first-time use fee.

Fees to cash a check can range from 1 percent to 12 percent of the face value of the check. That means you could pay from $10 to $120 to cash a $1,000 check. Some businesses charge a flat fee on top of the percentage.

The average face value of a check presented to a check-cashing outlet is $442.30, with the average fee to cash that check being $13.77, or about 3.1 percent, according to the FDIC. If that’s your paycheck and you cash it every week, you’ll pay $55.08 a month, or $661 a year, in check-cashing fees

Not only are check-cashing stores exorbitantly expensive, there is a risk of deceptive practices. The Better Business Bureau, for example, alerts consumers to a scam whereby customers of a check-cashing store are called by someone who claims to represent the business. The caller offers the customer a loan and requests payment to secure the loan. Of course, the loan is never received and the customer of the check-cashing store gets scammed out of some cash.

Check-cashing stores should be your last resort.

5. Sign your check over to someone you trust

Another way to cash a check if you don’t have a bank account is to sign the check over to someone you trust who does have a bank account and have that person cash the check at their bank.

Make sure the person you want to sign it over to is willing to cash the check, and that his or her bank will cash it. You should accompany your trusted friend to the bank in case the teller requires your ID or has questions about the check.

The person must have the proper identification and be prepared to have his or her check dinged by a check-cashing fee. There is also a personal and financial safety risk. Paper checks and cash can be lost or stolen.

Bottom line

Turning that paper check into cash in your hands is trickier if you don’t have a bank account. Unlike the consumer who has a bank account and direct deposit of their income, unbanked consumers almost have to plan ahead to cash their checks and access their money.

It’s fairly easy to find a bank or other business that will cash your check if you don’t have a bank account. But there will be fees and restrictions. And there are risks associated with carrying checks and cash.

The best way to cash checks is by opening a checking or savings account at a federally insured bank or credit union, then setting up direct deposit of your payroll check, tax refund, pension benefit and other income. Not only is it safer and easier, it will cost you less.

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Trying to cash a check when you don’t have a bank account is a huge pain.

These days, the majority of financial transactions take place online.

Even exchanging money between family and friends is now done through online apps like Venmo, PayPal, or Zelle. Most of these require a linked bank account.

That means if you’re one of the 7% of people in the United States without a bank account, then managing your money, especially cashing checks, is a bit trickier.

When you have a bank account, cashing a check is super easy. You can drop by the bank or use an ATM. With some banks, you can even use their app to take a quick picture of the check and deposit it from your phone.

Without your own bank account, you can’t just walk into a local branch to deposit a check. Even if it does cash your check, you’ll have to pay a small fee every time.

If you don’t have a bank account, but you still need quick access to your cash, then head to one of the check cashing places on this list.

7 Places Where You Can Cash a Personal Check

Even though it can be tough to cash a check when you don’t have a bank account, it’s not impossible. There are several companies that will let you cash a check, but you’ll probably have to pay a small fee for the service.

The good news is that you can walk out with cash in your pocket today.

Every check cashing place will have different rules and requirements for getting your check cashed. Some places will cash certain types of checks that others won’t, so be sure to call ahead before making a special trip.

1. The Bank listed on the check

If you’re trying to cash a check without a bank account, the easiest place to start is with the bank on the check you’re trying to cash.

To find this information, simply look above the memo line in the bottom left corner. Call a local branch to find out its check cashing policy.

It can easily verify the availability of funds by checking the account balance of the one who wrote you the check. Some banks will even give the account owner a phone call on the spot as a security measure to ensure there is no fraud taking place.

The bank listed on the check used to be the cheapest option to get your cash. Now, most of the big banks have started implementing fees to get your check cashed if you do not have an account with them. Most charge a flat rate or a percentage of the check amount up to a certain maximum.

Every bank will have different terms and requirements to cash checks that are tied to its institution. The most foolproof option is to call ahead and ask about its policy and fees.

You’ll need 1-2 forms of valid ID to confirm the check is yours, so make sure to bring a driver’s license, passport, or another government-issued ID card.

2. Walmart

Walmart is one of the most global and accessible check cashing places on this list. With over 5,000 locations, close to 90% of the population in the United States lives within 15 miles of a Walmart.

Walmart also has reasonable fees at $4 for a check under $1,000 and $8 for anything over that limit. This is right in line with the fees most of the major banks charge.

The biggest advantage of cashing your check at Walmart is that it has a number of options. For instance, you can get straight cash back or a reloadable Walmart Moneycard.

Walmart check cashing options:

  • Pre-printed checks
  • Payroll checks
  • Government checks
  • Tax checks
  • Cashiers’ checks
  • Insurance settlement checks
  • 401k and retirement distribution checks
  • MoneyGram money orders
  • Two party personal checks ($200 max)

Two Important things to be aware of:

  1. Walmart recently started cashing personal checks, but there is a $6 fee and a check limit of $200. If you’re looking to cash a personal check, you may want to look at other options.
  2. They have strict check limits. For most of the year, you can cash a check as long as it’s under $5,000. During tax season (Jan-April), this limit is raised to $7,500.

You’ll need to bring the check and a valid ID with you to the store.

3. Ace Check Cashing

A number of businesses operate solely for this purpose. If you don’t have access to a local bank, then a check cashing placemay be your only option.

Be careful though because these stores generally charge the highest fees of all the options on this list. Most check cashing stores have varying fees even among their own branches, so be sure to call and ask beforehand.

Before you cash your check at a store like this, make sure to ask if they require a credit check. Some stores will run a credit report before cashing the check because they are effectively giving you a short term loan until they are reimbursed with the funds from the issuing bank.

Ace Check Express is one of the most popular options, with physical locations in 24 states. It will cash almost any kind of check as long as you have a valid form of identification.

Ace Cash Express Options:

  • Personal checks
  • Payroll checks
  • Government checks
  • Tax refund checks
  • Insurance settlement checks
  • Money orders

The big advantage Ace Cash Express has over Walmart and other stores is that it will cash a personal check for you. It does not have fees listed on its website, so you’ll have to call a local store to get information on how much it will charge to cash your check.

4. Gas station

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Online

Gas stations used to be a much better option for cashing checks, but many places have stopped offering this service because of the high risk of fraud. Once the check is cashed, there is almost nothing the gas station can do to track down the person responsible.

However, 7-Eleven still cashes checks. Many locations have a Vcom kiosk. This is basically a touch-screen station where you can cash checks, pay bills, and handle other financial tasks.

The easier option is to download the Transact by 7-Eleven app. You can deposit checks with your phone. The cash gets added onto your reloadable 7-Eleven prepaid card, which functions just like a Debit MasterCard. Most online and retail stores will accept them.

The funds take about 48 hours to be loaded onto your card.

You can even use it to set up direct deposit from your employer and government benefit checks.

Other gas station check cashing options:

  • Pilot Flying J
  • TravelCenters of America

With gas stations and travel centers, not every location will be able to cash a check, so call ahead to find one that does.

5. Your employer

In some cases, your employer can actually cash personal checks for you.

There are specific rules and regulations on check cashing, so most employers avoid offering this service. However, some do. There is no daily limit to the dollar amount on the checks that an employer can cash as long as they are payroll checks.

Employers can also cash non-payroll checks as long as you don’t exceed $1,000 per day. Anything above that and they would be subject to banking regulations as an official “check casher.”

6. Grocery store

Grocery stores are one of the most dependable and convenient options for cashing a check. You probably already go to the store a couple of times a week, which means you don’t have to go out of your way if you have a store that offers this service.

Not every grocery chain does this, but here are some that do:

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  • HEB
  • Kroger
  • Publix
  • Winn Dixie
  • Albertsons ($1,000 limit)
  • WinCo
  • Stop & Shop
  • Hyvee

Cash Check online, free

Fees and check limits will vary from store to store, but all will require a form of government ID.

Most won’t let you cash personal checks because of fraud risk, but if you’re trying to cash a government check, payroll check, cashier’s check, or money order, then your odds are good.

Related: 35 Stores That Give Cash Back on Your Debit Card Purchases

Cash Check Online To Prepaid Card

7. Endorse your check to a friend or family member

If you don’t have a bank account of your own, then you could endorse the check to a friend or family member who does.

Endorsing a check is a simple two-step process:

  • You write “Pay to the order of [Name]”
  • Sign underneath

They can then cash the check for free and give the funds to you.

This obviously requires a deep level of trust and, in some cases, you both have to be present at the bank so they can prove that you are not being pressured or forced to do this. You’ll likely be asked to fill out a form to certify your endorsement.

Depending on how often you need to cash a check, it may be much easier for you to open a checking account of your own and avoid this workaround. The last thing you want is for money to get in the way of your relationships with friends and family.

Check Cashing FAQs

Can you cash a check at an ATM?

Even with a bank account, you technically can’t cash a check at an ATM.

You could deposit a check and immediately follow it up by withdrawing cash from your account. However, if you have nothing in your account prior to depositing the check, you will not be able to withdraw the funds for 24 to 48 business hours.

Without an account, though, there is no way to do this.

Can I cash a check without an ID?

With the exception of endorsing your check to a friend or family member, all of the check cashing places above will require at least one form of ID, sometimes two. If your ID is expired, then technically it is not valid and won’t count as a form of identification.

If you do not have an ID, you have three options:

Cash Check Online App

  • Endorse the check to someone else
  • Cash the check online
  • Sign up with a bank and use its online app

How can I cash a check online?

If you don’t have a bank account but have internet access or a smartphone, there are a few options. The two most popular apps that don’t require a bank account to be linked are PayPal and Ingo Money.

Cash Check Online Chase

You can use Ingo money to deposit almost every kind of check, including handwritten personal checks. You simply endorse the check by signing it and taking a picture of the front and back. Once the check is approved, the funds will be sent wherever you designate them.

With Ingo, you have a number of options to access your money:

  • Prepaid debit card
  • Pick up cash in person at a MoneyGram location
  • Amazon gift card
  • PayPal account

However, the fees for Ingo can add up quickly. Government and payroll checks are $5 each. If the amount is over $250, you’ll pay a 2% fee. This means for a $1,000 check, you’ll pay $20. For all other checks, you’ll pay a 5% fee.

With PayPal, the fees are only slightly better. You’ll pay 1% for government and payroll checks and 5% for all others. You can transfer the funds to a prepaid debit card and then withdraw the cash at most ATMs.

With both online apps, you can avoid paying these fees if you are willing to wait a full 10 days to access the funds.

Cashing a Check is Easiest and Cheapest with a Bank

When you don’t have a bank account, you’ll always be stuck paying fees to get your checks cashed.

If you’re tired of paying fees, driving around town, and calling places to ask about their policies, you might want to consider opening a bank account. The best online savings accounts allow you to earn the highest interest rates on your savings and get your checks cashed fee-free every time.