Does Walmart cash payroll checks? How to cash your payroll check at Walmart stores? How much will be cashing your payroll check at Walmart cost you? Why should you open a bank account? Many such questions may have arisen in your mind.
In this article, you will get answers to all the questions mentioned above. Check cash is an alternative method provided by Walmart Money Center which is present in any store.
Walmart allows people to cash their checks and receive cash as fast as possible. The most important thing, this service is available to those people who do not have a bank account and those people who can not use banks to cash their checks.
There is no need to register or shop at Walmart to cash your check. It is a quick, straightforward and convenient process.
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Does Walmart Cash Payroll Checks?
If you want to cash a payroll check but you do not have a bank account, or you don’t want to use your bank account, or you need to cash the check outside the bank’s regular operation hours, or maybe you need to cash the check for some emergencies, at that time you can use Walmart check cashing services.
There is no need to register at Walmart or no need to have Walmart MoneyCard to cash your payroll check.
How to Cash Your Payroll Check at Walmart Stores?
If you need to cash your payroll check at Walmart stores all you are required to do is present a payroll check for cashing at the Money Center or Service Desk at your local Walmart.
Also, you need to provide a valid government-issued form for photo identification it can be your driver’s license or passport.
One more thing you need to provide is your Social Security number. You will also need to pay the required fee at the checkout desk along with identification.
when the cashier verifies that everything is correct in check, you will receive your money within a minimum time.
There is no need to register at Walmart to cash your payroll check or no need to have a Walmart MoneyCard.
How About the Check Cashing Hours at Walmart?
You can cash your payroll check during any hours when the Walmart store is open. To check local Walmart store operation hours, you can visit the Store Finder website.
How Much Will Cashing Your Payroll Check at Walmart Cost You?
The maximum limit for cash checking is $5000. Every year Walmart increases this limit up to $7500 from January to April.
Walmart charges $8 for any checks amounting to between $1000 and to cash a payroll check that is up to $1000, you will be charged $4 per transaction.
One thing you should keep in your mind that if you already have Walmart MoneyCard, which is Walmart’s reloaded prepaid card you can have some or full amount of money from your check loaded into the card.
Also, the $3 reloaded fee that is charged for the service is not taken by you so that you can save it and check cashing fee is deducted.
Why Should You Open a Bank Account?
Cash a payroll check at Walmart is an easy, reliable, and convenient process especially for consumers who do not have a bank account or those who need to access their money fast.
If you want to start cashing your payroll checks in a bank but you don’t have a bank account at that time you have to first open your bank account.
Following are some reasons why you should open a bank account:
1. Lower Check Cashing Fees
Cashing your check in a bank account can be cheaper as compared to using Walmart. Some banks allow you to cash checks without taking any fees while others acquire cashing fees ranging between $3-$10.
Some banks allow customers to cash their checks amounting to $50 for free because fees may vary from bank to bank. For non-customers, the fees might be higher. Using Walmart, in that case, fees might be cheaper for non-customer.
2. Direct Deposit
If you have a bank account your employer can directly deposit your salary in your account. You can withdraw it or spend it using your debit card, here you don’t have to go into the bank.
This is exactly opposite to Walmart where you have to stand in a queue at the checkout lane to cash your payroll check.
3. Easy Access to Your Money
Once your employer deposits salary into your bank account you can start spending it right away. If you have a bank account you can easily access your money while saving you time and money.
From the above discussion, you can see that you can cash a payroll check at Walmart.
Check to cash is an easy, fast, reliable, and convenient process, you can get your money as fast as possible. If you do not have a bank account to cash a check, using Walmart is a great option for you.
We hope, you can now better understand how the Walmart Check Cashing service works. To find more about Walmart check cashing limits and fees click here.