Do you want to cash your check online? Getting a check isn’t the most convenient way to get paid , yet many companies, organizations and individuals still choose to pay by check.
The most popular ways to cash a check is going to the bank which can be really stressful. If you’d prefer to cash your check online, here are the best options available for you.
Can I Cash a Check Online?
Yes! The smartphone has made the process of depositing checks and cashing them online fast and swift. The downloadable apps can help you to cash your checks instantly. A majority of these instant online check cashing services require one to link their banking information with the app.
They may also require you to write the initials (ODO) that means for online deposit only underneath. The apps also require one to take pictures of the front and the back of the check they want to cash and upload it to the app. You can just use your smartphone or any other standard phone with a camera to take the photos.
How does the Online Check Clearing Process Work?
After taking a photo, the check then goes to a queue for approval. If cleared, the money is deposited into an account that you had linked to which could be your bank account, a prepaid card among others.
If it was not linked to any account, then you will have to take an extra step which is to transfer your money to your bank account or to where you want it.
In most cases, you are required to keep the paper version of your check safely for at least 14 days or until the transaction is complete and confirmed. Then shred the paper version afterward to avoid any financial breach issues to arise.
There are many banks across the US that offers instant online
. You can consider if the bank has such a feature when opening a checking account with any bank. The feature allows you to use the online check cashing services if you have an account with the bank.
Where to Cash a Check Online Now
Here are the best places where you can deposit a check online.
PayPal has a Cash a Check service in the PayPal app. It allows you to cash checks and have them credited to your PayPal Cash Plus account. (If you don’t have a PayPal Cash Plus account already, you’ll be asked to set one up.)
It’s really easy to do as well.
Take a photo of the check you want to cash.
Send it to PayPal for review.
If it’s approved, you can get the money sent right to your PayPal account in minutes. However, if you want the money in minutes, you do need to pay a fee.
If you don’t need the cash right away, then you can choose to get your money in 10 days with no fee.
So it’s great that PayPal gives you a couple of options here.
Learn more about cashing a check with PayPal here.
The clients receive virtual cards once they sign up and credit check isn’t required. It offers the users a prepaid debit card. It charges no fee to sign up for the app or to get the card. With their pay per user plan, it does not charge a maintenance fee.
There may be other fees involved such as fees to check deposits, fees for PIN purchases, and card replacement fees. It is best used to help avoid overdrafts and monthly maintenance fees.
Chime provides mobile check deposits to members who receive payroll direct deposits of more than $200 a month. Mobile check depositing will be automatically enabled in your Chime app 30 days after you receive your payroll direct deposit.
Wells Fargo is another bank that has an app you can use to deposit checks. Again, you’ll just need to take a photo of the front and back of your check, and follow the instructions to cash it.
With the app, you can deposit personal, business, and most government checks. Mobile deposited funds will become available on the day after the deposit credit date. There are no fees for Wells Fargo Online and Wells Fargo Business Online customers to use the mobile deposit feature.
Download the Wells Fargo app for Android devices here.
Download the Wells Fargo app for iOS devices here.
GoBank offers no overdraft fees on its accounts, making it a great option for many. It provides mobile check deposits through it’s app. So you can cash checks right from your phone, and all you need to do is take a few photos of the check.
In order to start using the mobile deposit feature, you need to activate your card and your account must be active with recent recurring payroll direct deposit activity for at least two months.
Once you’re eligible, you can start cashing checks through mobile deposits. The money could be in your account in as fast as one business day, but some checks may take up to 5 business days.
There are no fees charged to deposit checks into your account, which is awesome.
Guaranty bank offers the checks press check cashing service that allows you to cash your check online. They have different options to choose from based on whether you have an account with them or not.
The checks they can cash include payroll checks, government-issued checks, tax refund, insurance checks, travelers’ checks, cashier’s checks and money orders and the total value of the check has to be under $5,000.
The fees for the account holders’ is 1.5% of the check amount and the fees for those without an account is 2.5%. Personal checks are charged 3% of the check amount for the account holders and for non-account holders, the fee is 3.5%.
Basically, you take a photo of the check, follow the on-screen instructions, and have your check deposited into your account. The service is called QuickDeposit and there are no fees for using it.
Deposits that are submitted before 11pm Eastern time on a business day are usually available by the next business day. Deposits that are submitted after 11pm or on a non-business day will be processed the next business day.
Next on the list we have NetSpend. It’s an organization that offers a selection of prepaid debit cards. And, of course, it provides check cashing. NetSpend allows you to cash checks to your card using its Mobile Check Load feature.
All you need to do is get the app, take a photo, and follow the on-screen instructions – so again it works in much the same way as the apps above.
You can use the Bank of America app to deposit checks, which is great. Most of these apps work in a similar way. And this one is no different. You’ll need to take a photo of the check and follow the on-screen instructions in the app to get your money.
Checks that are received by the cutoff time (9pm ET and 8 pm PT) on a business day are generally available in your account on the next business day. There’s no fee charged by Bank of America to use the Mobile Check Deposit feature.
Here’s where you can get the app:
Download the Bank of America app for Android devices here.
Download the Bank of America app for iOS devices here.
With it you can cash paychecks, personal checks, business checks and more. The best part is that you can get your money in minutes.
It’s really easy to cash a check with Ingo Money.
Just open up the app.
Take a photo of the front and back of your check.
Choose when you want your money, and where you want your money to be deposited. You can get your check sent to your bank, prepaid card, or PayPal account.
Submit your check for review. The review process usually takes just a few minutes.
You can get the money in minutes, but you will be charged a fee. Or you can choose to get the money in 10 days for free.
Brink’s Money Prepaid is a prepaid card account that comes along with a check cashing feature. If you enroll in direct deposit, you can deposit checks without having to wait in line. You can cash paychecks, and benefit checks with it.
With the Brink’s Money Prepaid app, you can load checks right from your phone using mobile image capture. If you want your money fast, then you may be charged a fee for the transaction.
Download the Brink’s Money Prepaid app for Android devices here.
Download the Brink’s Money Prepaid app for iOS devices here.
It’s important to note that although many of the apps above don’t charge you a fee to deposit your check, there may still be wireless carrier fees charged by your service provider. So do make sure you check with your service provider to see if they do charge any wireless carrier fees.
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.
US Bank App
With US Bank app, you can deposit checks 24/7. All you need to do is take a photo of your check and follow the instructions to get your cash. If you make a deposit by 9 p.m. CT, the balance is usually posted to your account the following business day.
Download the US Bank app for Android devices here.
Lodefast check cashing app allows you to cash your personal check on mobile phones. You can be able to transfer money to your bank account from anywhere and at any time.
Lodefast financials mobile app charges processing fees which vary from 3% to 5% of each check you want to cash. You can also use the free 10-day option.
Green Dot App
Green Dot is an app that’s designed to help you to manage any Green Dot debit card or bank account. And you can even cash a check with the app.
This one allows you to deposit lots of different checks, such as:
Insurance agency checks
Stock dividend checks
Federal, state and municipal government checks
And you can deposit checks right from your phone. Just take a photo of the check and then follow the instructions in the app. Mobile deposits can be in your account as fast as one business day, but some checks may take up to 5 business days. There are no fees charged to deposit checks into your account.
You can use the Santander Mobile Banking app to deposit checks. All you need to do is take a few photos of the check and follow the instructions in the app.
Deposits received after the 10p.m. ET cut off time will be considered as received on the following business day. So do keep that in mind. Now, it’s totally free to use the Mobile Check Deposit feature.
Download the Santander app for Android devices here.
Thanks to Smartphone and convenient apps it has never been easier to cash a check online. Even if your bank didn’t appear on our list, it’s definitely worth checking if they have an app that you can use to deposit checks from your phone.
And keep in mind that even if your bank doesn’t provide an online check cashing service, you can still use websites like PayPal and Ingo Money to deposit your checks.