Cashing Stimulus Check Without A Bank Account

Visit the issuing bank this won t help with your stimulus check but you can always visit the issuing bank assuming there s a branch near you.

Cashing stimulus check without a bank account. That is the case for some taxpayers but most. If you do not have one there are several options to cash your check without having a bank account. Check amounts over 1 000 have a maximum 8 fee.

For weeks i ve been fielding questions from taxpayers who were hoping to have their stimulus checks applied to pre paid debit or benefits cards. Plan on paying the 8 cashing fee as most stimulus checks are worth at least 1 200. How people without bank accounts can cash stimulus checks fdic deputy to the chairman leonard chanin joins yahoo finance s brian cheung and zack guzman to discuss how to cater to underbanked.

It s possible to cash a check without a bank account but it s not as convenient and you ll pay some fees. One of the easiest ways to cash a stimulus check without a bank is by doing it through walmart. Some banks and credit unions will allow you to cash a check without having an account at that bank or without having a bank account at all.

Forbes reported that an easy option would be by visiting your local walmart. You can either go to a check cashing place and pay a small fee like usually about 2 so a 1200 stimulus payment would cost you 24 to cash or i believe you can purchase one of those prepaid visa cards and deposit the stimulus check onto that prepaid card somehow. If you need to cash a paycheck or a check you.

If you happen to have a stimulus check below 1 000 your. How to cash a check without a bank account but you have id. Paypal recently announced that over the next few weeks its cash a check feature will waive fees for customers with paper stimulus checks.

The store does charge a fee ranging from 4 to 8 depending on the amount of the check. Many banks and credit unions do restrict their check cashing services to account holders only but there are options for non customers. Paypal has set up a special procedure where you can deposit that check into what s known as a paypal cash plus account and there s no fee at all clark says.