Where Can I Cash A Fidelity Investment Check?
Key Takeaway:
- Fidelity Investment Checks can be cashed at major banks such as Bank of America, Chase Bank, and Wells Fargo. However, it is important to check with the specific bank for their policies and requirements.
- Check cashing services like The Check Cashing Store, ACE Cash Express, and MoneyGram also accept Fidelity Investment Checks, but may charge fees for their services.
- If none of these options are feasible, there are alternatives such as depositing the check through a mobile banking app or opening a brokerage account with Fidelity to avoid check cashing fees.
Tired of waiting to get your check cashed? You’re not alone. Cash flow problems happen to the best of us, and understanding your options for cashing checks from Fidelity Investments is key to getting your money fast. This article will help you find the fastest option for cashing your Fidelity check.
Where can You Cash a Fidelity Investment Check?
With a Fidelity investment check, you can cash it at various places, including Fidelity branches, banks, and ATMs with Fidelity debit cards. You can also use mobile deposit options, but ensure that you endorse the check properly. Additionally, some locations may charge fees or have restrictions, so it’s wise to check beforehand to avoid surprises. Lastly, ensure that you have proper identification such as a government-issued ID before attempting to cash the check.
Pro Tip: Remember that mobile deposit options for investment checks may not be available on all platforms or may have different terms and conditions than traditional deposit options.
Image credits: retiregenz.com by Harry Jones
Major Banks that Accept Fidelity Investment Checks
Banks that Cash Fidelity Investment Checks
There are several banks that accept Fidelity investment checks. These banks provide services to facilitate cashing of such checks and promote flexibility to customers.
List of Banks that Accept Fidelity Investment Checks
- Bank of America
- Citibank
- JPMorgan Chase
- Wells Fargo
- U.S Bank
Additional Information Regarding Cash of Fidelity Investment Checks
Some banks may require account verification, while others may have limitations on the amount of cash that can be withdrawn. As a customer, it is important to reach out directly to the bank to obtain specific guidelines.
Don’t Miss Out on the Convenience of Cashing Your Fidelity Investment Check
Ensure that you get the most out of your Fidelity investment check by selecting a bank that sources and accepts them. Do not make the mistake of missing out on the convenience that comes with cashing the check from a major bank.
Check Cash Services that Accept Fidelity Investment Checks
In order to cash a Fidelity Investment check, it is important to know the check cash services that are authorized to deal with them. Here are some check cash services that accept Fidelity Investment checks:
- Banks – Majority of banks allow check cashing for Fidelity Investment checks, as long as the payee has an account with the bank.
- Fidelity Branch – The easiest and most convenient method is to visit the nearest Fidelity branch to cash the check.
- Retail Stores – Certain retail stores, such as Walmart, Kroger, and 7-Eleven, offer check cashing services, including Fidelity Investment checks.
- Pawnshops – Pawnshops offer check cashing services for a fee, and are generally able to cash Fidelity Investment checks.
- Check Cashing Stores – Lastly, there are check cashing stores that specialize in cashing checks, including Fidelity Investment checks.
In addition, most check cash services require a valid ID and may charge a fee for providing this service. It is important to check with the specific check cash service for their policies and fees.
It is important to note that Fidelity Investment checks may have restrictions, such as a hold on the funds, which can vary based on the type of account and the amount of the check.
A friend of mine once had difficulty cashing a Fidelity Investment check due to a hold on the account. After visiting several banks and check cashing stores, they eventually cashed the check at a Fidelity branch. It is important to have patience while cashing these types of checks and to thoroughly research the check cash services authorized to accept Fidelity Investment checks.
Image credits: retiregenz.com by Joel Arnold
Five Facts About Where to Cash a Fidelity Investment Check:
- ✅ Fidelity offers a variety of options for cashing investment checks, including through their Mobile Check Deposit feature, at a Fidelity Investor Center, or by mailing the check to Fidelity for deposit. (Source: Fidelity)
- ✅ Fidelity does not charge fees for depositing checks, but other institutions may charge fees for cashing the check. (Source: Fidelity)
- ✅ To cash an investment check at a Fidelity Investor Center, investors may need to present a government-issued ID and their Fidelity account information. (Source: Fidelity)
- ✅ The Mobile Check Deposit feature requires investors to download the Fidelity mobile app and follow the instructions for depositing the check through their smartphone. (Source: Fidelity)
- ✅ It is important to ensure that the check is endorsed properly and the account information is accurate before attempting to cash a Fidelity investment check. (Source: Fidelity)
FAQs about Where Can I Cash A Fidelity Investment Check?
Where can I cash a Fidelity investment check?
There are several options for cashing a Fidelity investment check. You can deposit it into your Fidelity brokerage account, take it to a Fidelity branch location, or cash it at a participating bank or credit union.
Can I deposit my Fidelity investment check online?
Yes, you can deposit your Fidelity investment check online using Fidelity’s mobile app. Simply take a photo of both sides of the check and follow the instructions in the app to complete the deposit.
Do I need to have a Fidelity account to cash a Fidelity investment check?
No, you do not need to have a Fidelity account to cash a Fidelity investment check. However, if you do have a Fidelity account, depositing the check into that account may offer additional benefits and convenience.
What should I bring with me to cash my Fidelity investment check?
When cashing a Fidelity investment check, you should bring a valid form of ID, such as a driver’s license or passport, as well as the check itself.
Are there any fees associated with cashing a Fidelity investment check?
Fidelity does not charge any fees for cashing a Fidelity investment check if you are a Fidelity customer. However, if you cash the check at a participating bank or credit union, they may charge a fee.
How long does it take to cash a Fidelity investment check?
The time it takes to cash a Fidelity investment check can vary depending on the method you choose. If you deposit the check into your Fidelity account, the funds may be available immediately. If you cash the check at a participating bank or credit union, it may take a few days for the funds to become available.
