Being able to get cashback is sometimes a godsend if you need a bit of extra cash in your wallet. This is something that many big retail chains are happy to offer. Luckily, Walmart offers this service, but what is the cashback limit?
The Walmart cash back limit is $100 with purchases made by debit card and $20 with a personal check. Cash back can be requested up to three times a day. If using a store card or a Capital One Walmart card, the ‘Quick Cash’ feature can be used to withdraw cash in increments of $20, up to $100.
Why Does Walmart Have a Cash Back Limit?
Each register has a limited amount of cash inside, which is why Walmart employees can only offer up to $100 per debit transaction. The limit also depends on which payment method you decide to use.
What Are The Fees?
No fees are charged in most Walmart stores. However, this may not ring the same for every store, so you might want to ask the cashier before opting for cash back.
How Much Do I Need To Spend To Qualify For Cashback?
There is no minimum spending amount to qualify for cash back. Therefore, you could buy a stick of gum and ask for it!
Remember, the cash received is yours anyway, so it doesn’t cost Walmart anything to give you cash back. Most of the time, people use the service to save them a trip to the ATM.
What If I Need More Than The Cash Back Limit?
If you require more than $100, then the ATM is your best friend. Luckily, most Walmart stores have them and you can withdraw up to $3,000 with a money card. For debit and credit card transactions, the limit differs. Watch out though, depending on your location, some Walmart ATMs charge up to $4 to withdraw cash.
For more information on how much you can withdraw from your local Walmart ATM, get in touch with the Walmart team and they will be happy to find out for you.
How Do You Get Cash back?
Using this service is incredibly simple, and takes no time at all. Obviously, cashback is only available in-store, so here’s how it’s done!
At a regular cash register
Once each of your items has been scanned, you can ask the cashier for cashback before entering your card.
The cashier will then add the amount of cash you desire to your total transaction cost. So, for example, if your total purchases amount to $30, and you require $40 cashback, the cashier will ring the register for a total of $70.
You will then insert your debit card and enter your four-digit PIN. Once the transaction is complete, the cashier will hand over your receipt along with the $40 cashback. Your bank account will then show a charge of $70.
Self-checkout
Cash back is also an option at the self-checkout, just follow these simple steps.
Step #1
Scan and bag your items as normal.
Step #2
Enter the payment section and select ‘Debit Card’ as payment. If you select ‘Credit Card’ you will not be able to receive cashback.
Step #3
The screen will ask if you would like any cash back. Select ‘Yes’ and enter the required amount.
Step #4
Once you have entered your four-digit PIN number, the transaction is complete. You will then receive your cash back and receipt – just don’t walk away without them!
Getting Cash back With A Credit Card At Walmart
Generally speaking, credit cards cannot be used to receive cash back. However, some credit card companies do offer this service – but are prepared to be met with some kind of fee or charge. This is known as a cash advance.
Cash advances work pretty much the same way as using your credit card for other purchases in that the fees begin to accrue immediately after the cash back is taken out.
The most popularly used credit card for cash back is the Discover card. Using the Discover ‘cash over’ program is the best way to use this service if you need to use a credit card, as it does not charge fees.
We would highly recommend contacting your credit card company beforehand just to be sure. Hidden fees are a thing of nightmares!
Getting Cash Back With Personal Checks
Walmart is well-received by customers for many reasons. One of them being the sheer variety of ways to pay.
If you plan to pay for your items using a personal check and also require cash back, be sure to let the cashier know beforehand as there is a process.
First of all, you will need some form of identification. This may be a passport or a driver’s license. On the check, you will then need to write the total amount of purchases plus your required cash back total. Once your check has been verified (to protect against fraud), the cashier will hand over your cash back.
The total amount of cashback you can receive using a personal check is $20. If you need more, you can always visit a Walmart ATM.
What Store Gives The Highest Cash Back Limit?
Albertson’s offers customers $300 of cash back which is the highest limit we know of. However, this may vary depending on your location.
Conclusion
The cashback limit at Walmart is $100 per debit transaction. If paying by check, the limit is just $20. While you can use certain credit cards to receive cash back, many companies charge certain fees. Therefore, it is always best to get in touch with the credit card company beforehand.
Cash back is a handy way of receiving cash if you don’t have time to use an ATM. The fact that you can get it from a self-checkout is even more convenient! We hope this article has been helpful and if you have any queries, don’t hesitate to contact the Walmart team to find out more.
