Amscot Check Cashing Services and Fees

FT Contributor  | 

Amscot offers check cashing and other financial services at its retail locations throughout Florida. You may want to take advantage of this service if you need to cash a check after hours or you don’t have access to a bank account. To participate in check cashing at a retail location, you are required to provide an acceptable form of government-issued photo identification, as well as an eligible check. This may include your U.S. passport, military ID, driver’s license, or identification card. Additionally, you must pay the Amscot check-cashing fees to utilize this convenient service.

What Kinds of Checks Does Amscot Cash?

In addition to reviewing the places where you can cash a check, you should also learn more about the types of checks accepted at these facilities. While there are usually no maximum check amount limits, the check itself must be eligible. Amscot accepts different types of checks for cashing, including:

  • Tax refund checks.
  • Government checks.
  • Paychecks.
  • Personal checks.
  • Money orders.
  • Traveler’s checks.
  • Cashier’s checks.
  • Out-of-state checks.

The check you present cannot be altered and the written figure must match the numbers that are written on the check. You are expected to provide personal information and acceptable government-issued identification to participate in check cashing services with Amscot.

Check Cashing Fees

You may wonder, “How much does Amscot charge to cash a check?” if you’re planning to use this service. Amscot check cashing fees can vary by location and each store is equipped to provide specific information on its check-cashing fees. Generally, the minimum fee charged is $3, but this fee increases depending on the type of check and the check amount.

To cash a payroll check, you are charged 4.5% of the check amount while a money order costs 10% of the cash amount. However, if the money order was purchased from Amscot, the fee is only 1.5% of the total cash amount. Keep in mind, money orders can be filled out for free at any Amscot location.

Insurance check cashing can cost between 3.9% and 4.9% while government check cashing charges may be between $3 and 2.9% of the total check amount. Personal check cashing fees are usually around 9.9% of the check amount and tax refund checks cost about 2.5% of the check amount.

How to Cash a Check Through Amscot

You’ll need to learn how to cash a check through Amscot if you plan to visit a retail location to receive cash for your check. To complete this process, you must:

  • Visit a location during business hours.
  • Present your eligible check and acceptable government-issued photo identification.
  • Provide additional information to the representative, such as your date of birth and Social Security Number, if requested.
  • Provide a payment amount that includes the applicable fees.
  • Receive cash instantly.

Amscot Locations and Hours

Amscot retail stores are available throughout the state of Florida. Most stores are open seven days a week. Some stores are open 24 hours a day, but specific hours may vary by location.


Image Source: https://depositphotos.com/

This post was updated October 31, 2019. It was originally published October 31, 2019.