Kmart improves nationwide check-cashing service

Kmart has been offering Shop Your Way members check-cashing services since September last year, but this week the retailer is making the service available for $1 or less, rather than $3. For the lowered price, members will be able to cash payroll and government checks up to $2,000 and personal checks up to $500.

Kmart is tapping into the need for people who want the convenience of cashing checks where they shop or do not have access to traditional bank accounts. Now Kmart offers the service at a dramatically better price to deliver even more value to its Shop Your Way members.

"At Kmart, we know that every dollar counts," said Jai Holtz, VP, financial services, Sears Holdings. "We're giving our members more savings so they can keep more in their pockets. We know our members will love only having to pay $1 or less to cash their checks."

Kmart members and customers can take advantage of additional savings opportunities in-store and online as part of Kmart's financial services portfolio, which includes layaway, lease-to-own, pay in-store, walk-in bill pay, money transfer, money orders, ATMs and pre-paid debit cards.  

Kmart (and Sears) remain the only retailers to offer layaway 365 days a year both online and in-store. There is no minimum purchase and merchandise from most departments is eligible, including apparel, electronics, toys, home and footwear.

Kmart's lease-to-own financing program, Kmart Lease It, provides customers an easy, no-credit-required way to immediately take purchases home.

Shoppers can reserve items online and pay at their local Kmart store using their preferred payment method — cash, check, debit, Shop Your Way points, and/or credit or gift card. Customers can leave the store with their order or have it shipped to their desired location. Members can also order online at or and choose to pick up their order free at any of the 2,000 Kmart or Sears stores locations and orders will be ready in five minutes or less.



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