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7 Best Check-Cashing Apps

A smiling man takes a picture with his smart phone of a check or paycheck for digital electronic depositing, also known as
A smiling man takes a picture with his smart phone of a check or paycheck for digital electronic depositing, also known as

From getting fast access to a birthday check to cashing in on that tax refund you’ve been waiting all year for, there are a number of reasons why you might need to cash a check from your phone. Fortunately, if your bank does not offer mobile check deposit, you can still try out any number of these check cashing apps and easily deposit your check online.

Best Apps for Cashing Checks

If you need to cash a check on the go, your mobile phone is a fast and easy option. Here are the best apps for cashing checks:

1. Ingo Money

How It Works: Provided by First Century Bank, N.A., Ingo Money is a favorite choice for payroll check cashing. When you sign up, you must link at least one bank account, prepaid card or PayPal account to your user profile. The Ingo Money App features automatic image capture, so you simply take a picture of your check and confirm the amount.

What It Costs: To cash a check and get your money in minutes, the standard fee is 2 percent for payroll and government checks with a pre-printed signature and 5 percent for all other accepted checks, with a $5 minimum fee per check. There is also a free option, which allows you access to your funds in 10 days once it clears.

Best Used For: Transferring money to an Amazon Gift Card, Paypal account or credit card account

Related: How to Endorse a Check

2. ACE Mobile Loads

How It Works: Provided by Ingo Money, ACE Mobile Loads is a way for you to load funds from a check directly onto an ACE Elite Prepaid Debit Card. Sign into to your ACE Mobile Loads App, click “Deposit Check Funds” and follow the prompts to submit your check by taking a picture of it with your phone.

What It Costs: The fees for ACE Mobile Loads are the same as Ingo Money, and you have the option to get your funds in 10 days for free if your check is approved and does not return unpaid in 10 days.

Best Used For: Transferring money to a Paypal account or bank account

3. Brink’s Money Prepaid

How It Works: Using the same mobile image capture technology from Ingo Money, you can cash a check in the Brink’s Prepaid MasterCard App. Download the Brink’s Money Prepaid App and follow the prompts to cash your check.

What It Costs: Check the fee schedule for Brink’s Prepaid Mastercard plan fees, including the Pay-As-You-Go Plan, the Monthly Plan and the Preferred Plan. You can send money to family and friends, or move money to and from a savings account.

Best Used For: Transferring money to family and friends

4. Waleteros: Your Mobile Banking

How It Works: The Waleteros app provides check cashing services so you can transfer funds to a Waleteros prepaid Visa and pay your bills. Waleteros is similar to other money cashing apps with a prepaid debit card. When you sign up, you receive a virtual card immediately. No credit check is required.

What It Costs: There is no fee to sign up for the app or to get a card, and with the pay per use plan, there is no monthly maintenance fee. However, pay attention to fees, as there are fees for PIN purchases, check deposits and card replacements.

Best Used For: Avoiding overdrafts and monthly maintenance fees

5. Lodefast Check Cashing App

How It Works: Lodestar Financial’s mobile app allows you to cash your check from your phone and transfer money to your bank account. Like other providers, there is a check processing fee or free 10-day option.

What It Costs: The processing fee for cashing your check will vary from 3 to 5 percent of each check.

Best Used For: Cashing company checks

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6. Check Cashing Store

How It Works: Using the Check Cashing Store mobile app, you can make check deposits directly to your bank account or your Momentum Reloadable Prepaid Card by taking a photo of a check and uploading it to the Check Cashing Store app. After you upload your check, you will get notified when your check is approved.

What It Costs: Full fees are not disclosed on the Check Cashing Store website. Check the app for fees associated with your transaction so you keep an accurate budget.

Best Used For: Transferring money to prepaid debit cards

7. Boost Mobile Wallet

How It Works: Get the Boost Mobile Wallet app and deposit checks in minutes, accessing your funds immediately on your Boost Mobile Wallet Prepaid Mastercard. You can photograph your checks using an Android phone and use financial services to pay more than 3,500 billers nationwide. Additionally, you have to option to easily transfer cash to other Boost Mobile Wallet members.

What It Costs: The cost is only $1.95 per month with a qualifying deposit.

Best Used For: Transferring money to other Boost Mobile Wallet members

Up Next: 15 Best Mobile Banking Apps and Services

Take some to digest all of these options, but ultimately, make a decision based on your specific financial needs. By spending more time to find the right check-cashing app now, you might save yourself a lot of hassle down the road.

This article originally appeared on GOBankingRates.com: 7 Best Check-Cashing Apps