You can cash a cashier’s check at a Walmart MoneyCenter near you.
However, you cannot buy cashier checks at Walmart. This is because cashier’s checks are issued by a bank and guaranteed to pay by the bank’s own account. Such a check has the issuing bank as its payer, rather than an individual.
Hence, why it is guaranteed to pay out regardless of the check value. This is why Walmart does not sell a cashier’s check. Walmart is a retail corporation, rather than a financial institution backed by the Federal Deposit Insurance Corporation – FDIC.
Having mentioned this fact, here are what I need you to know about Walmart cashier check cashing policy.
Walmart Cashier’s Check Fee
The cost to cash a check at Walmart depends on the check value and the type of check. Cashing a cashier’s check at Walmart will cost you $4 to $8 per check. But, this depends on the check value.
Here is what I mean.
If your cashier’s check is up to $1000, Walmart will charge you a $4 fee to cash it. Otherwise, you will pay $8 for cashier’s check value range of $1001 to $5000. Not bad, eh?
Well, there are other cheaper places than Walmart to cash a cashier’s check in the United States. You can check them out.
Walmart Cashier’s Check Limit
Per Walmart’s check cashing policy, the limit on a cashier check at Walmart is $5000. This is from the month of May to December. From January to April, you can cash more than $5000.
Why is this so, good reader?
January through April, are the tax filing months in our country. Therefore, some people expect more than $5000 return after they have filed their taxes for the previous year. Walmart does what it can to help people cash their tax refund checks with the expectation of a service fee.
As a result, you can cash up to $7500 in check value from Walmart during these months. For the service fee to cash check value more than $5000, call the Walmart MoneyCenter customer service for more information. They will help you out.
Walmart Cashier’s Check Hours
Walmart MoneyCenter is opened seven days a week. But, store opening and closing times differ from location to location. You can click on Walmart Store Locator to put in your zip code, in order to ascertain the business center hours in your location.
Typically, the Walmart Moneycenter is available from 8am to 8pm on Monday through Saturday. On Sunday, it opens at 10am; and, it closes at 6pm. As long as you walk in with a proper form of identification and a legit cashier’s check, Walmart will cash it.
States With Walmart Check Cashing Services
Not all the states in the United States of America have the Walmart Check cashing services. This includes states with Walmart super centers in them. Pretty interesting, is it not?
Well, some jurisdictions may have state laws on check cashing services. Some of the laws may impede your ability to cash a cashier’s check at Walmart. These laws are there to avoid financial fraud.
With that said, here are some states where you can cash a cashier’s check at Walmart:
- AL, AK, AR, AZ, CA, CO, CT, DC, DE, GA, HI, ID, IL, IA, KS, KY, LA, ME, MA, MD, MI, MN, MO, MT, NC, ND, NE, NH, NV, OK, OR, PA, SC, SD, TX, UT, VA, VT, WA, WV, WY.
If your state is not listed here, then it is one of the states with retail check cashing restriction. Be sure to call your Walmart support center for related inquiries.
Other Kind Of Checks Walmart Cashes
The Walmart Moneycenter cashes pre-printed checks. Here are other types of checks you can cash, besides a cashier check.
- Government Checks- this includes tax refunds, benefits and child support checks.
- Insurance checks
- Retirement fund checks
- Two-party personal checks
- Money orders
- Printed Paychecks
Be sure your check is endorsed, prior to cashing it. If not, you may have a difficulty time cashing it. Also, take a legal form of identification with you. This may be a driver’s license, passport ID or military identification. Walmart will not cash your check without an ID.
Why Walmart May Decline a Check From You
There are a couple of reasons why Walmart may decline a check from you. Firstly, Walmart will not accept a handwritten check from you. This is due to a possibility of insufficient balance.
Secondly, Walmart will not cash your cashier’s check without a form of identification. Walmart check verification system requires an ID to run an analysis on your check and you. They have to ascertain the check is legitimate and your name is not blacklisted, prior to check payment.
Thirdly, Walmart may not cash your check if your Walmart branch is in a jurisdiction that does not allow check cashing service. As mentioned earlier, there are some states with such restrictions to prevent financial fraud. If your state is one of them, there is a chance you may not able to cash your cashier’s check at a Walmart.
Fourthly, a check value greater than what Walmart can pay will cause a check decline. This is because Walmart is a grocery shop. Walmart check cashing policy says you can only cash up to $5000 during regular months, and $7500 during tax season.
Therefore, a cashier’s check value greater than $7500 will pose an issue.
Finally, your cashier’s check may be declined when the check is fake, post-dated or not made out to you. This is because it increases the risk of a check fraud. There are some consequences to depositing a bad check at a check cashing place. Walmart may not want to be burden with them.
These are all you need to know about Walmart cashier’s check policy. If you want to know more about cashier’s check, read what you need to know about cashier’s check to stay informed. Otherwise, Walmart is a great place for you to cash your cashier’s check.
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