Walmart Adds More Banking Services

  • August 8, 2011
In an effort to beef up financial services for its core customers, Walmart is expanding its check-cashing and card-cashing services, and will now cash payroll and eligible government benefits cards down to the very last cent.

The Bentonville, Ark.-based retailer says it will now cash most types of pre-printed checks up to $5,000, accept more forms of ID, and open Express Check Cashing checkout lanes at selected stores during busy times.

Until now, its cashed payroll, government and tax refund checks; the new services cover rebates, student loans, pension, insurance, expense, retirement, 401(k) and IRA checks, as well as MoneyGrams. (The retailer charges $3 per check under $1,000, and $6 for those up to $5,000.)

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