Have you ever received a check and thought, “Can I cash a check online?”
Checks are a thing of the past and it’s easy to see why. They are extremely inconvenient when it comes to actually getting your money.
You need to go to the bank during business hours (sorry weekends), stand in line and then deposit or cash the check
Luckily, in today’s digital world, it’s easy to cash a check online, and there are a ton of great options.
How to cash a check online
Here are the best and cheapest ways to cash a check online if you need your money fast and want to do it from the comfort of your own home.
1. Big Banks
Chase Bank is one of the big banks that allows you to cash a check right from their mobile app if you’re an existing customer.
Generally, if you deposit the funds before 11:00 PM EST, you can access the funds the next business day. In some cases there may be additional delays if the check amount is outside of normal limits or the images were not uploaded correctly.
Chase is a great service as the app is very easy to use, you can deposit the checks on your schedule and the platform is very secure.
Bank of America, US Bank, and Wells Fargo have almost the same process when it comes to cashing your check online as long as you have an account with them.
This is a 100% free option that gives you relatively quick and hassle-free access to your funds.
Yes, with PayPal, the payments giant, you can cash a check directly through its app, available on both the App Store and Google Play.
Once you’ve downloaded the app, just go to “My Account”, take a few pictures of both sides of your check and you’re all set.
This is a 100% free service with no fees to get paid through PayPal.
The disadvantage? You have to wait 2-3 business days and there is a limit of $1,000 per day. This is not the best option when it comes to cashing a check online.
If you are a customer of any of the major banks mentioned above, they are the recommended choice.
3. Ingo Geld
Ingo Money is a free app that allows you to quickly deposit checks to your bank account, prepaid card or PayPal account.
With the app, you can deposit almost any type of check at any time of the day and get your money instantly.
In addition, you can split the cash amount, buy an Amazon gift card, or top up multiple different accounts.
This is a great tool as it allows you to pay off a credit card quickly and avoid potential late fees (and massive damage to your credit score).
The only downside of this app is that it is only available on App Store for iOS devices, sorry for Android users.
4. Guarantee bank
Guaranty Bank is another option when it comes to cashing a check online. If you can’t wait for normal time, Guaranty Bank can help you with their check cashing service.
You have different options depending on whether you are an account holder or a non-account holder.
Acceptable types of checks include payslips, government checks, tax refunds, insurance, cashiers, travelers, and money orders as long as the total amount is less than $5,000.
If you are an account holder, the fee is 1.5% of the check amount and 2.5% if you are not an account holder.
Personal checks are 3% of the check amount for account holders and 3.5% for non-account holders.
This should be considered as a last resort as the fees can really add up. Instead, opt for free services from your bank whenever possible.
5. Axos Bank
With Mobile Deposit, offered by Axos Bank, you can cash your checks online straight to your checking or savings account using their app, available on both the App Store and Google Play.
Once you’ve downloaded the app, simply upload both sides of the check to a money market, checking, or savings account. The best part? This is a completely free service that is part of their online banking tools.
This suite of tools is only available when you open a checking or savings account with them.
6. Money Market
Money Mart is another option that gives you almost instant access to your money and has physical locations across the US should you need to go inside.
Their app is available on both platforms and you can upload checks like you would with the others mentioned before.
Keep in mind that Money Mart may charge a fee for cashing a check, so be sure to ask about the fee before cashing your check. You should also be aware that the amount of money you can redeem at Money Mart may be limited.
Overall, cashing a check at Money Mart is a quick and convenient way to access the money from your check without having to go to a bank. Just make sure you bring the required paperwork and are prepared to pay any fees that may apply.
7. Go to the bank
Go Bank makes depositing a check online quick and easy. You can skip the trip to the bank by uploading pictures of the check from your smartphone.
The app is available on both the App Store and Google Play.
Cashing a check at GoBank is generally considered easy. To cash a check with GoBank, you must create an account there and then log into your account. From there, you can follow the prompts to deposit your check by taking a picture of the front and back of the check with your smartphone or computer.
After you enter the check amount and confirm the information is correct, GoBank will process the check, which typically takes a few business days. Once the check has been processed and the funds have been deposited into your account, you can access the funds through your GoBank account.
Cashing a check online with NetSpend is generally considered easy. To cash a check online with NetSpend, you need a NetSpend account and a NetSpend prepaid debit card.
If you don’t already have a NetSpend account and card, you can sign up on the NetSpend website or at a participating retailer. Once you have a NetSpend account and card, you can cash your check online.
Overall, cashing a check online with NetSpend is quick and convenient, allowing you to access the money from your check without having to go to a bank or check cashing shop. Just make sure you have a NetSpend account and NetSpend card, and prepare to pay any applicable fees.
9. Green dot
Green Dot Bank is another easy way to cash checks online. With a green dot account and prepaid debit card, you can deposit checks directly into your account by taking a photo of the front and back of the check with your smartphone or computer. The process is straightforward and usually only takes a few working days.
One of the advantages of using the Green Dot to cash checks online is that it’s often quicker and more convenient than going to a bank or check cashing shop.
You can deposit your check from the comfort of your own home without worrying about finding a location or waiting in line. In addition, Green Dot has an easy-to-use website and mobile app that make it easy to access your account and manage your funds.
They recently released their new card called Go2Bank. It’s your mobile bank account with many features.
10. Ace Elite App
The Ace Elite Prepaid App is a convenient way to cash a check online. To use the app, you need an Ace Elite prepaid account and an Ace Elite prepaid debit card. If you don’t already have an account and card, you can sign up on the Ace Elite website or at a participating retailer.
The Ace Elite Prepaid app is easy to use and offers a convenient way to cash a check online. The app is easy to use and filing a check is straightforward.
The only downside is that there may be fees associated with cashing a check through the app, so be sure to check with Ace Elite for the most up-to-date fee information.
Thanks to smartphones and practical apps, cashing a check online has never been so easy. If you can wait the 1-2 business days to receive the money, major banks like Chase, Bank of America, and Wells Fargo are the easiest and cheapest option.
They’re also simple, secure and deposited directly into your checking or savings account.
If you can’t wait and need the money sooner, check out one of the apps above, but be sure to consider the fees involved.