2007-11-14 11:58:36 · 25 answers · asked by Johnnybot 1 in Business & Finance ➔ Personal Finance
You need to start a bank account because the places that will make it into cash for you take out money to do so.
Find out which banks are giving the best deals for new accounts. Bring along your drivers license and social security numbers.
2007-11-14 12:01:30 · answer #1 · answered by redunicorn 7 · 0⤊ 0⤋
1. Your employer MAY have arrangements with a local bank to cash paychecks without a fee.
2. Most banks will cash the check for a fee.
3. You REALLY should open an account somewhere.
2007-11-14 21:22:24 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
Congrats on your first paycheck!!! Any one of those check cashing places will do it for you for a small fee. Usually 1%. The smart thing to do is open up a checking & savings account. Put aside a small amount every pay period in to your savings account. You may need that money someday. Trust me. Good Luck
2007-11-14 20:05:07 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Some stores will cash checks for a fee. Like a Meijer or something. Also depends on the amount. The bank will cash sometimes for a fee also.
2007-11-14 20:01:20 · answer #4 · answered by Kellie 5 · 0⤊ 0⤋
Cash it at the bank it's drawn from. I suggest opening an account though to make your money grow. Many banks offer interest bearing savings accounts now.
2007-11-15 10:41:55 · answer #5 · answered by KathyS 7 · 0⤊ 0⤋
Congratulations! Just look on the check, there should be the name of the bank your employer uses and you can cash it there for no fee. Otherwise, sign it over to someone who does have an account (like your parents) and they can cash it for you, also for free.
2007-11-14 20:10:03 · answer #6 · answered by Jared W 1 · 0⤊ 0⤋
Just look in your Neighborhood, and see if there's a
Money Gram or Western Union or just look for a
check cashing place.
All you need is your Id and your company check.
They may take like 1-2% depending on,
how much there fee is, but, then again, your
paying for the convenience of them
cashing your paycheck....
2007-11-14 20:05:54 · answer #7 · answered by lashawn0676 3 · 0⤊ 0⤋
The best and cheapest way is to have someone (your parents) put it in their bank account and then they can withdraw the amount and give it to you. This may take a few days for the check to clear the bank it was written on. But this way there are no charges or fees to pay.
2007-11-14 20:03:54 · answer #8 · answered by Tex S 5 · 0⤊ 0⤋
Go to the bank the check is issued from, you can go to any bank but they may charge you a fee.
Then go home lock up your cash!! Cash these days is looked at like a dirty thing, or you are some kind of criminal it is a shame....
2007-11-14 20:03:40 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Go to the bank with somebody that has an account and they should cash it.
2007-11-14 20:02:03 · answer #10 · answered by tkdteacher2006 1 · 0⤊ 0⤋