Have you ever received a check and thought to yourself “can I cash a check online?”
Checks are becoming a payment form of the past and it’s easy to see why. They are extremely inconvenient when it comes to actually getting your money.
You have to go to the bank during open business hours (sorry weekends), wait in line, and then deposit or cash the check
Thankfully in today’s digital world, you can cash a check online very easily and there are a ton of great options available.
How To Cash a Check Online
Here are the best and cheapest ways to cash a check online when you need your money fast and want to do so from the convenience of your house.
1. Big Banks
Chase Bank is one of the big banks that allows you to cash a check directly through their mobile app if you are a current customer.
If you deposit the funds before 11 pm EST you will generally be able to access the funds the next business day. In some instances, there might be additional delays if the check amount is out the ordinary or the pictures didn’t upload correctly.
Chase is a great service as the app is very user-friendly, 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 exact 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 and lets you access your money relatively quickly and effortlessly.
Yes, PayPal the payment giant does allow you cash a check directly through their app which is available on both the App Store and Google Play.
Once you download the app simply go to “My Account”, snap a few pics of both sides of your check and you are all set.
This is a 100% free service with no fees to get paid through PayPal.
The downside? You do have to wait 2-3 business days and there is a $1,000 per day limit. This is not the best option when it comes to being able to cash a check online.
If you are a customer of one of the big banks previously mentioned they are the recommended choice.
3. Ingo Money
Ingo Money is a free app that will allow you to cash checks quickly to your bank account, prepaid card or to a PayPal account.
The app will allow you deposit almost any type of check at any time of day and get your money instantly.
Additionally, they allow you to split the cash amount, buy an Amazon gift card or fund several different accounts.
This is a great tool as it can allow you pay a credit card quickly and avoid any potential late fees (and the massive ding on your credit score).
The one downside of this app is that it is only available in the App store for iOS devices, sorry Android users.
4. Guaranty Bank
Guaranty Bank is another option when it comes to being able to cash a check online. When you can’t wait the normal amount of time, Guaranty Bank can help with their checks press check cashing service.
They have several different options depending on if you are an account holder or non-account holder.
The types of checks that are eligible include payroll, government, tax refund, insurance, cashier’s, travelers, and money orders as long as the total is under $5,000.
If you are an account holder the fee is 1.5% of the check amount and the fee is 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 a last resort as the fees can really add up. Instead, opt for free services through your bank whenever possible.
5. Axos Bank
Mobile Deposit offered through Axos Bank, allows you cash your checks online directly into your checking or savings account with their app that is available on both the App Store and Google Play.
Once you download the app, you simply upload both sides of the check into a money market, checking, or savings account. The best part? This is a totally free service that is part of their online banking tools.
This suite of tools is only available if you open a checking or savings account with them.
6. Money Mart
Money Mart is another option that allows you to access your money nearly instantly and does have physical locations across the US if you do need to walk in.
Their app is available on both platforms and you are able to upload checks as you would with the others previously mentioned.
Keep in mind that Money Mart may charge a fee for cashing a check, so be sure to ask about the fee before you cash your check. You should also be aware that there may be limits on the amount of money you can cash at Money Mart.
Overall, cashing a check at Money Mart is a quick and convenient way to access the funds from your check without having to go to a bank. Just make sure to bring the necessary documentation and be prepared to pay any fees that may apply.
7. Go Bank
Go Bank makes depositing a check online quick and easy. You can skip going 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 with GoBank is generally considered easy. To cash a check with GoBank, you will need to create an account with them and then log in to 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 using your smartphone or computer.
Once you have entered the amount of the check and confirmed 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 added to your account, you can access the money through your GoBank account.
Cashing a check online with NetSpend is generally considered easy. To cash a check online with NetSpend, you will need to have a NetSpend account and a NetSpend prepaid debit card.
If you do not already have a NetSpend account and card, you can sign up for one on the NetSpend website. Once you have a NetSpend account and card, you can cash your check online.
Overall, the process of cashing a check online with NetSpend is quick and convenient, allowing you to access the funds from your check without having to go to a bank or check cashing store. J
ust make sure to have a NetSpend account and card, and be prepared to pay any fees that may apply.
9. Green Dot
Another easy way to cash checks online is through Green Dot Bank.You can take a picture of the front and back of the check using your smartphone or computer, then deposit checks directly into your Green Dot account. The deposit process takes only a few days which is similar to traditional methods.
Cashing checks online with Green Dot is often faster and more convenient than visiting a bank or check cashing store.
The convenience of depositing your check from home eliminates the need to find a location or wait in line. Green Dot also offers an easy-to-use website and mobile app, so you can manage your account from anywhere.
They recently launched a new card called Go2Bank. It’s their mobile bank account loaded with features.
10. Ace Elite App
Another app we found to cash a check online is the Ace Elite Prepaid app. To use the app you will need to have an Ace Elite Prepaid Account and their prepaid debit card. The process to sign up and get the cards is pretty simple.
The app is super user friendly. This makes a huge difference when trying to cash and deposit your check.
The only downside we found is that there may be fees associated with cashing your check. Make sure to check the app for current information and possible fees.
Thanks to smartphone and convenient apps it has never been easier to cash a check online. If you can wait the 1-2 business days to receive the money big banks like Chase, Bank of America, and Wells Fargo are the easiest and lowest cost option.
They are also simple, safe, and will be directly deposited into your checking or savings account.
If you can’t wait and need the money sooner, check out of one of the apps above but be sure to factor in the fees that are associated with them.