Can You Cash a Check at Any Bank? - SmartAsset (2024)

Can You Cash a Check at Any Bank? - SmartAsset (1)

Cashing a check at any bank will depend on the bank you’re trying to cash the check at and the bank the check is coming from. Some of thebest banks will cash pretty much any check for you, even if you’re not a customer. You can also cash checks at several retailers, grocery stores and even through mobile apps linked to prepaid cards. Read on to learn all about cashing a check at a bank where you don’t have an account and elsewhere. If you’re looking for ways to make your assets more liquid, consider working with a financial advisor who can craft the right financial plan for you that includes where to keep your money.

Which Banks Cash Non-Customer Checks?

No law obligates banks and credit unions to cash checks for everyone, especially non-customers. Still, many banks across the country will cash checks for you. Your first stop should be the bank that issued the actual check.

Some banks will cash their own checks for a fee. This fee can be expressed as a percentage of the check, a flat dollar amount or both.

Some banks let you open prepaid debit cards without opening an actual account. With these, you can usually cash checks at any of the bank’s branch locations or ATMs. For example, Chase offers a prepaid card for a monthly fee of around $5. Some banks will simply convince you to open accounts to avoid a hefty fee-cashing fee. The best banks in the U.S. typically offer simple bank accounts with a small minimum opening deposit (or none at all) and no monthly fees.

But anytime you cash a check at a place that’s not your own bank, you also must consider the amount. You’re usually in the clear if your check is below $5,000. Some places charge larger fees for larger amounts and almost all put a flat cap on how much you’re allowed to cash.

The type of check matters too. Most banks will accept government checks because they know the funds exist. When it comes to personal checks, they would make sure the person who wrote it has enough funds in his or her account. Regardless of the type of check, however, you’d need proper identification.

But if you’re turned down at the check-issuing bank, there are other places you can cash your check.

Check Cashing at Retailers

Several retailers from local mom-and-pop shops to major department stores cash checks including personal ones. Kmart, for example, offers free check-cashing services in several states. In others, it charges flat fees ranging from 50 cents to one dollar. Walmart does the same for fees ranging from $3 to $6 depending on the amount you want to cash. Several 7-Eleven locations also house kiosks where you can cash checks.

Cashing Checks With Prepaid Debit Cards and Mobile Apps

Several banks, companies and retailers offer reloadable prepaid debit cards. With one of these, you can deposit a check via an ATM, store kiosk or even on a mobile device. 7-Eleven, for example, offers a prepaid debit card with mobile banking features. You can snap a photo of your check to deposit it into your prepaid card. 7-Eleven offers this service through a partnership with First Century Bank. But you don’t have to be a customer to download the app that gives you access to this feature.

Plus, apps like Ingo Money can be linked to a number of different prepaid cards. With the app, you can snap a photo of a check to reload your card. The app also accepts personal checks, business checks and money orders. And the company claims to give you access to your funds in minutes.

Fees vary depending on the check amount and the type of pricing plan you have with IngoMoney. For example, standard pricing allows you to deposit a check of up to $250 for a $5 fee or 2% of the amount more than $250. As you can see, the fee steeps high for mobile deposits when you don’t have a bank. The tradeoff is the convenience of cashing a check virtually anywhere with service.

Check Cashing Stores

These go by several names: check-cashing stores, payday loan stores and title loan stores. Regardless of the banner out front, these should be your absolute last resort. Cashing checks at these locations can trigger fees as much as 5% of the amount you’re retrieving, plus a flat dollar fee. In certain cases, lawmakers have even stepped in to stop them from making deceptive business practices. Some states outlawpayday loans altogether.

Bottom Line

Can You Cash a Check at Any Bank? - SmartAsset (3)

Can you cash a check at any bank? The answer is maybe. But if they do, you’d likely face a fee. So be prepared for that, and make sure you have proper documentation. If the check itself has a bank’s logo on it, that should be your first stop. In this case, the place where you’re cashing your check may be willing to give you looser terms.

Of course, you have other options. You can cash your check at grocery stores, major retailers and supermarket chains. Although risky, cash checking stores are also an option. Fees can span from none to extremely high. So the key is to shop around. Look up these options and see who can offer you the best terms. Rest assured though, that you can cash your check even if you don’t have a bank.

Tips on Cashing Checks

  • If you need to move money around then you may be looking for a more stable place to invest. You can work with a financial advisor to find the best accounts to house your money and make you liquid when you need it.SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • While it’s possible to cash a check without a bank account, the process may take a serious chunk out of your pay. Sometimes, it’s easier simply to open a basic checking account. Several major banks offer simple accounts that require little-to-know opening balances. Many of these also charge no monthly fees. But with so many options, it can be hard to pick the right one. To make the process easier, we’ve published a report on the best checking accounts in the market today.
  • If you’re opening a bank account for the first time, it’s important to start a good savings routine. To help you out, we conducted extensive research on the best savings accounts available today. Not only will your money be insured by the federal government even if the bank fails, you’d also have an emergency fund ready to tackle the unexpected.

Photo credit: ©iStock.com/MicroStockHub, ©iStock.com/RyanJLane , ©iStock.com/AndreyPopov

Can You Cash a Check at Any Bank? - SmartAsset (2024)

FAQs

Can I cash a check from a different bank? ›

You also can try to cash a check at a financial institution that's not yours and not the one that issued the check. You might be charged a check-cashing fee of about $5 to $10. Keep in mind that a bank or credit union isn't required to cash your check.

Can a check be deposited at any bank? ›

Can I deposit my check at any bank branch? Yes. Can someone deposit a check to my account? Yes, if he/she knows your account number and if the check is made out to you, or you have endorsed the check.

Can I cash a certified check at any bank? ›

You can cash a cashier's check at banks and credit unions. If you're not a customer of the financial institution, you'll likely have to pay a fee. Other requirements may be in play, too. For example, U.S. Bank requires you to provide your Social Security number to cash any check of more than $500.

Can you cash a check at a bank you don't belong to? ›

There is no federal law or regulation that requires banks to cash checks for non-customers. Most banks have policies that allow check cashing services only for account holders. If a bank agrees to cash a check for a non-customer, it may legally charge a fee.

Can I cash a check into any bank? ›

Take it to the bank which issued the cheque

A bank which has issued a cheque that has been made out to you will in some cases cash the cheque for you. They will charge you a fee, however, or may even see this as a chance to get your business and try and get you to open an account with them.

Can I withdraw money from a bank that isn't mine? ›

For the most part, you can go to any local bank branch and get a withdrawal, even if it's not affiliated with your bank. If you bank through a credit union, this will mostly be the case with other credit unions too. Not being limited to your bank is a huge advantage.

What is the largest check a bank will cash? ›

Caution with high-value personal checks

While you can deposit checks over $10,000 at any bank or ATM, cashing this requires the bank to report it to the Internal Revenue Service (IRS), a rule for all cash transactions over $10,000.

Can any bank verify a certified check? ›

Call or visit the branch of the financial institution on which the check is drawn on. The financial institution should be able to help you determine whether or not the check issued is genuine. Don't trust the phone number for the financial institution listed on the check, it might be fraudulent.

Is there a difference between a bank check and a certified bank check? ›

The difference is that cashier's checks are drawn on the bank's account, and certified checks are drawn on the check writer's account.

What checks Cannot be cashed? ›

Any item that is stamped "non-negotiable," "void," or any other word or phrase indicating that the item is not valid. Any item that appears to contain altered information. Any item issued by a financial institution in a foreign country. Any item that is incomplete or contains incomplete information.

Can a bank refused to cash a check? ›

Some reasons why a bank won't cash a check include not having a proper ID, not having an account with that bank, the check is filled out incorrectly, or the check being too old. Ensure you comply with all the required criteria before attempting to deposit a check.

What app will cash a check immediately? ›

The top instant check cashing apps without verification include Ingo Money, Brink's Money, PayPal, Venmo, Cash App, Chime, and Flare Account. These apps allow you to quickly cash checks by taking photos with your phone for deposit into bank accounts or prepaid cards.

Can you deposit a check from one bank to another bank? ›

Write a check. A traditional way of transferring money between banks is by writing a check and depositing it either at a bank branch, online, through a mobile app or by mail. A money order can be used instead, though some bank's websites and/or apps lack the capability to deposit a money order.

How do I cash a cheque from another bank? ›

Take the cheque to your nearest branch location.

Many banks will cash cheques without charging a fee if you are an account holder with them. However, some banks may require you to deposit the cheque to your account rather than cash it, especially if the cheque is from an account at another bank.

Can you cash a check at an ATM without a bank account? ›

Some banks will let you cash a check at their ATMs if the money is loaded onto a prepaid card account. This is a great way to avoid the hassle of long lines at a bank, store, or retailer. Expect to pay a per-check fee, as well as a monthly service fee for the card account.

Can I cash a check at Chase from another bank? ›

For non-customers, Chase will only cash checks drawn on a Chase account. What Do You Need to Cash a Check at Chase? If you are a Chase Bank customer, you'll need your bank account number and enough money in your account to cover the cost of the check being cashed.

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