Many taxpayers receive tax refunds via direct deposit instead of waiting on paper refund checks. But those who receive paper checks often do so because they don’t have traditional bank accounts. These unbanked individuals must choose among numerous tax refund check cashing options, and sometimes it’s a little daunting trying to choose the right check cashing service.
Where to Cash Income Tax Refunds – IRS Check Cashing Places
Where should you go for check cashing if you don’t have a bank account? In this article, learn of three locations and find out how to deposit an IRS check directly onto a Walmart prepaid Visa debit card at no charge.
Where to Go if You Don’t Have a Bank Account – Refund Check Cashing Services
Listed below are three companies that cash IRS income tax refund checks. No bank account is required to use their services.
- ACE Check Cashing Locations – ACE Cash Express offers tax refund check cashing at over 1,700 locations. There are no limits on refund check amounts, and customers can load funds onto a prepaid Visa debit card at no charge if at least $250 is put on the card. ACE check cashing locations are searchable online.
- Walmart MoneyCenters – Taxpayers can cash government checks inside some Walmart stores seven days a week. Walmart MoneyCenter locations are not searchable online, but for more information about Walmart’s check cashing services, see below.
- Check Into Cash Locations – Check Into Cash has approximately 1100 branches in 30 states. To cash an IRS refund check at one of its locations, bring the check and a government issued photo ID to the store. This company also offers reloadable prepaid Visa debit cards that can be loaded with any amount ranging from $20 to $7,500.
Other State & IRS Tax Refund Check Cashing Locations – Grocery Stores
Grocery stores often offer government check cashing. Look for this service at the customer service desk or as a standalone check cashing operation. These are convenient for customers because income tax return refund check cashing can completed as part of a regular shopping trip, and the funds can be used to purchase groceries that day.
Of all the places to cash income tax refund checks, grocery stores may be the least daunting because the store personnel may already know you and the store may have your personal information on file already as part of its customer loyalty program.
Walmart’s Tax Refund Check Cashing Service – MoneyCard Fees Waived
Customers who bring government and payroll checks to Walmart can load Walmart MoneyCards (prepaid Visa debit cards) with those funds at no extra charge. These debit cards can be used anywhere Visa is accepted. To get the purchase price waived (it’s normally $3), a customer need only deposit a portion of his or her check onto a Walmart MoneyCard.
More Government Check Cashing Info – Low Fee Place to Cash Checks
Of the refund check cashing options discussed in this article, Walmart is the most highly recommended. That is because of its low fee guarantee and the customer’s ability to avoid fees by depositing funds onto a prepaid Visa debit card (that can be used anywhere Visa is accepted, not just at Walmart). For more information about check cashing at Walmart and the Walmart prepaid Visa debit card, see the following articles:
Walmart MoneyCard – Reloadable Prepaid Visa Debit Card
Other articles about income tax return refunds:
Free Tax Refund Calculator Online
Related articles:
How to Extend Federal Income Tax Returns
Lena Gott - Lena Gott is a Certified Public Accountant who gives practical financial advice to her readers.
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