Post-dated checks can be incredibly useful if you need to buy a list of items but can only afford to make the payment at a later date.
Since Walmart, a popular destination for shoppers all over the U.S., accepts checks as a mode of payment, you may be wondering: can you cash a post-dated check at Walmart? Read on to find out what I’ve discovered!
Can I Cash A Post-Dated Check At Walmart?
Unfortunately, Walmart does not cash post-dated checks. However, Walmart will cash all pre-printed checks that are not post-dated, including payroll, government, tax refund, and cashiers’ checks. Customers can cash post-dated checks at most banks, credit unions, and check cashing stores.
If you want to know more about why Walmart does not cash post-dated checks, where else you can get one cashed, and what is the process for doing so, keep on reading!
What Type of Checks Does Walmart Cash?
According to its official check cashing policy, Walmart will cash all kinds of pre-printed checks that are not post-dated. This includes:
- Payroll checks
- Government checks
- Tax refund checks
- Cashiers’ checks
- Insurance settlement checks
- 401(k) checks
- Retirement disbursement checks
If you are not sure whether Walmart will cash your pre-printed check or not, you can visit the customer service desk at the store and ask the representatives about it.
Why Does Walmart Not Cash Post-dated Checks?
Walmart does not cash post-dated checks because of the risk involved with processing these checks on the date specified.
For example, a check may not go through due to a customer not having sufficient funds in their account on the date the check was to be processed for payment.
This payment failure would cause a great deal of inconvenience to Walmart, forcing them to either spend extra effort to obtain the payment or suffer this financial loss.
This is the primary reason why chains such as Walmart simply refuse to entertain post-dated checks.
Where Can You Get Post-Dated Checks Cashed?
You can get post-dated checks cashed from most banks, credit unions, and check-cashing stores. Here is a list of banks that will cash your post-dated check:
- Chase Bank
- Wells Fargo
- PNC Bank
- Bank of America
- BMO Harris Bank
You can also get post-dated checks cashed from these check-cashing stores:
- Check Into Cash
- PLS Check Cashing
- Advance Financial
- ACE Cash Express
- Money Mart
- The Check Cashing Store
How Can You Cash A Post-Dated Check?
To cash a post-dated check, you should visit any nearby bank, credit union, or check cashing store (preferably from the list given above) along with a valid government-issued photo ID.
Once there, the process of cashing the check will be similar to cashing a normal check (that is not post-dated). The bank employee will verify your ID and schedule the payment for the date specified on the check.
Note that banks and credit unions are not required by law to cash the check on the future date given on the check. They can process the check whenever they receive it, even if it is post-dated.
Therefore, unless the payor of the check has given a written or oral agreement to their bank to process the check no earlier than the date given, you will be able to get the check cashed on the same day of your visit.
To learn more, you can also see if Walmart cashes two-party, payroll, starter, social security, and Wells Fargo checks.
Walmart does not cash post-dated checks because of the risk that the check will bounce on the date of processing due to insufficient funds.
However, Walmart does accept a variety of pre-printed check types (that are not post-dated) including payroll, government, and cashiers’ checks. To cash a post-dated check, you can visit any nearby bank, credit union, or check cashing store.