Does CVS Cash Checks? (No, here’s why + alternatives)

Question: Does CVS Cash Checks?

Answer: No, CVS doesn’t offer direct check-cashing services. While they provide helpful financial tools like MoneyGram for domestic and international money transfers, you won’t find a teller-like setup at your local CVS where you can walk in and cash a paycheck or other types of checks.

It’s crucial to address this upfront to avoid someone wasting time trying to pursue this avenue within a CVS store.

Check Types CVS Won’t Accept

Let’s see the kinds of checks CVS cannot help with:

  • Personal and Business Checks: The most common – a paycheck from your employer, a tax refund check, etc., cannot be cashed at CVS.
  • Third-Party Checks: If a check is made out to you but you sign it over to someone else, CVS won’t take it due to risk involved.
  • Additional Limitations: Handwritten, very old (past ‘valid’ dates), or suspiciously large amounts are other likely cases CVS would reject.

Why Doesn’t CVS Cash Checks?

There are several compelling reasons why CVS focuses on healthcare and retail and avoids check cashing:

  1. Risk Management: Check-cashing involves inherent risks, including the potential for fraudulent or bounced checks. CVS, like many retail establishments, may opt to avoid these risks to protect their financial interests and maintain operational efficiency. Without robust systems in place to verify the authenticity of checks and mitigate fraud, CVS may choose to avoid the complexities and liabilities associated with cashing checks.
  2. Regulatory Compliance: Check-cashing is subject to stringent regulatory requirements, including anti-money laundering (AML) and know-your-customer (KYC) regulations. Compliance with these regulations entails significant administrative burdens and potential legal liabilities for financial institutions. CVS, primarily a retail pharmacy and convenience store, may not have the infrastructure or resources to meet these regulatory obligations effectively.
  3. Focus on Core Business: CVS’s primary focus is on providing healthcare services and retail products rather than financial services. While CVS partners with MoneyGram to offer various financial services, including money transfers and bill payments, check-cashing may not align with its core business model. Focusing on its core competencies allows CVS to deliver high-quality products and services to its customers efficiently.
  4. Partnership with MoneyGram: CVS has established partnerships with third-party financial service providers like MoneyGram to offer a range of financial services in its stores. While MoneyGram facilitates money transfers and bill payments, it may not offer check-cashing services through CVS locations. Instead, customers seeking check-cashing services may need to explore alternative options such as banks, check-cashing stores, or other retail establishments that provide such services.

Effective Alternatives for Cashing Checks

While CVS won’t be your solution, luckily alternatives exist. Each comes with pros and cons to weigh:

1. Banks and Credit Unions:

Traditional financial institutions provide check-cashing services to account holders and non-customers alike.

While convenient, fees may apply, and non-account holders may face additional requirements, such as providing identification and paying a higher fee.

Despite potential fees, bank and credit union check-cashing services offer security and reliability, making them a preferred option for many individuals seeking to cash their checks promptly and securely.

2. Check-Cashing Stores:

Dedicated check-cashing stores specialize in cashing checks for individuals who may not have access to traditional banking services.

These establishments typically charge a percentage of the check amount as a fee, which can vary depending on the size of the check.

While check-cashing stores offer convenience and accessibility, the fees associated with their services can be relatively high, impacting the overall value of cashing a check through this method.

3. Retailers:

Some large retailers, such as Walmart and Kroger, offer check-cashing services at their customer service desks.

While this option provides added convenience for shoppers, fees may apply, and there are often limitations on the types of checks that can be cashed.

Additionally, individuals may need to present valid identification and adhere to specific store policies when cashing a check at a retailer.

4. Grocery Stores:

Many grocery stores, including Safeway and Publix, offer check-cashing services at their customer service counters.

Similar to retailers, this option provides convenience for customers who may need to cash a check while shopping for groceries.

However, fees and limitations may apply, and individuals may need to provide valid identification and adhere to store policies when cashing a check at a grocery store.

5. Prepaid Debit Cards:

Some prepaid debit cards offer mobile check deposit features, allowing users to deposit checks electronically using a smartphone app.

While this option provides convenience and flexibility, users may encounter fees associated with mobile check deposits, including transaction fees and account maintenance fees.

Prepaid debit cards may have limitations on check amounts and deposit frequency, depending on the card issuer’s policies.

Using CVS MoneyGram: What is it Good for?

Let’s redefine expectations – CVS MoneyGram excels at sending or receiving money, not instant cash access:

  • Sending funds: Purchase a MoneyGram with cash, check, or debit card. The recipient then collects them at designated locations. Ideal for domestic or international needs.
  • Receiving funds: If someone transferred you money via MoneyGram, certain CVS locations allow for pickup – call to verify yours does.
  • Important distinction: You CANNOT deposit checks into your bank account via MoneyGram, it’s for transfers only.

CVS partners with MoneyGram to provide a range of financial services, including money transfers, bill payments, and money orders.

Customers can visit any participating CVS location to send or receive money domestically or internationally through MoneyGram’s secure network.

This service offers convenience and accessibility, allowing individuals to complete financial transactions without needing to visit a traditional bank or financial institution.

However, using CVS MoneyGram may involve fees, which vary depending on factors such as the transfer amount, destination, and selected service options.

Additionally, customers should be aware of the terms and conditions associated with MoneyGram transactions, including identification requirements and transaction limits.

Overall, utilizing CVS MoneyGram can be a convenient option for individuals seeking to send or receive money quickly and securely, especially if they do not have access to traditional banking services or prefer the convenience of a retail location.

Other Financial Services You May Find at CVS

Although CVS isn’t the cashier for your checks, other tools at their disposal might prove helpful:

  • Money Orders: Similar to a guaranteed check, they can be purchased at CVS. Understand there may be limits to the amount issued, and the recipient will need a location to cash the money order.
  • Prepaid Debit Cards: These reloadable cards allow access to cash at ATMs. Be aware of any associated monthly fees or minimum balance requirements before loading funds onto one at CVS.

Before Heading to CVS: Things to Consider

When visiting CVS for financial transactions, several factors should be considered:

  • Services Offered: While CVS does not cash checks, it offers various financial services through partnerships with MoneyGram and other providers. These services include money transfers, bill payments, and purchasing money orders.
  • Location: CVS has numerous locations nationwide, offering convenience and accessibility for customers needing to conduct financial transactions.
  • Fees: Before initiating a transaction at CVS, it’s essential to understand any associated fees. Fees can vary depending on the service, transaction amount, and destination.
  • Transaction Limits: Some financial services may have transaction limits, such as maximum transfer amounts or purchase limits for money orders. Understanding these limits beforehand can help avoid delays or complications.
  • Identification Requirements: Depending on the service and transaction amount, customers may need to provide valid identification. Ensure you have the necessary documents to complete the transaction.
  • Customer Support: If you have questions or encounter issues during your transaction, CVS provides customer support to assist with inquiries or concerns. Utilize available resources to address any issues promptly and effectively.

Important note: Check cashing needs differ greatly.

For one person, an occasional inconvenience warrants convenience stores; for others handling hefty payroll, only their bank provides enough trust.

Understanding your personal context makes deciding where to take your check far smoother!


While CVS doesn’t offer direct check cashing, don’t worry!

Understanding which services they DO provide (like MoneyGram transfers) alongside utilizing your bank, dedicated check cashing stores, or even some grocery chains empowers you to manage your finances successfully.

Do a bit of homework on fees and ID requirements, weigh those against security and time constraints, and you’ll have the cash you need in hand for your specific situation.