7-Eleven Check Cashing FAQ: Limit, Fees, Check Types, etc

The international convenience store chain 7-Eleven is well-known for being, well, convenient. There are over 8,000 locations in the United States alone, all dishing out the customer-favorite Slurpee, as well as snacks, drinks, gas, and other necessities. But, have you ever wondered if the convenience offers any money services too? Read on to learn about 7-Eleven’s check cashing policies and programs.

Can You Cash a Check at 7-Eleven?

After calling multiple customer service representatives at 7-Eleven stores across the nation, it is evident that they do not offer check cashing services. However, they do offer a program called Transact, which provides you with a reloadable, prepaid card. Some of the card features are alternatives for check cashing or could help you avoid the need to cash checks in the future. The card has direct deposit and is accompanied by a mobile app with which you can deposit checks onto your card. The app is available for Android and iOS.

Here’s the complete list of Transact card features:

• Direct deposit, so any employer or government payments that are available for direct deposit may be loaded directly onto the card.
• Ability to deposit checks with Mobile Check Load, using the card app and camera on your iPhone or Android smartphone.
• Send funds to friends and family by adding them to your Transact account.
• Access your funds 24/7 with the mobile app, Anytime Alerts, and Online Account Center.
• Withdraw funds from your Transact account for free using 7-Eleven ATMs (with an Allpoint Network logo).
• Use your Transact Prepaid Mastercard anywhere that debit Mastercards are accepted.
• Pay your bills at 7-Eleven using the Transact Prepaid app, PayNearMe.

You can sign up for a Transact card. When you apply, you will be asked to provide your name, address, date of birth, and a government-issued, photo ID. After completing your application and receiving the card, you will have to activate it to begin using all the card’s features.

What Are the Fees for a 7-Eleven Transact Card?

There are several fees that go along with the Transact card, though you can avoid most of them if you are careful. Opening an account is free, but if you ever need to replace your card because it is lost, stolen, or damaged the fee is $2.95. Withdrawals at an Allpoint Network ATM are free. There are many Allpoint ATM locations across the U.S., and many 7-Eleven locations will have these ATMs. Withdrawals from any other ATM cost $2.50, and third-party ATM operator fees may also apply.

Depositing money onto your card with direct deposit is always free. And, mobile check deposit is free (though there could be third party fees charged for example by your cell phone company). It’s also free to reload the card at a NetSpend Reload Network location (e.g., a participating 7-Eleven store). Transfering money to and from your account online might be free — specific fees will depend on the transfer service you chose and the other banking institution that’s part of the transaction.

There are also fees for making purchases directly with a Transact card, which works as a Mastercard debit and can be used at stores that accept Mastercard. When you apply for a card, you start with the default Pay-As-You-Go Plan. On this plan, if you make a purchase and run the card as credit, you’ll pay a $1 fee per purchase, and if you run it as debit, you’ll pay a $2 fee. The other plan available is the FeeAdvantage Plan, which you have to opt into by calling (844) 711-4711 or through your account page on the Transact website. On the FeeAdvantage Plan, you pay $5 a month to maintain your card account but pay no fees when you make purchases.

You can see the Cardholder Agreement for complete terms, conditions, and fee schedule for the Transact card.

In Summary

Although 7-Eleven does not offer check-cashing services, their Transact program provides an alternative way for you to deposit funds into a reloadable account that may be used anywhere Mastercard is accepted. If you need cash in your hand quickly and don’t wish to sign up for a Transact card, there are other gas stations that offer check-cashing services for your convenience.

If the question, “Where’s a check cashing place near me?” is still swirling in your head, consider our list of cash checking places, which include banks, supermarkets, gas stations and convenience stores, check cashing stores, and other major retailers. If budget is one of your concerns, refer to this list of cheapest places to cash checks. And of course, Sunday is the one day when many services are closed but you always seem to need them most. It doesn’t matter that banks aren’t open to cash your check, because these stores and check cashing places are open on Sunday.