Why did I receive an unexplained $100 check from a company?

Question

I received a check for $100 from a company I have never done business with. The check came with no explanation or additional information, except it has "Deposit - my address" written on it. I have not contacted the company yet. What could be the reason for receiving such a check, and what steps should I take?

James L. Arrasmith · Answer

Receiving an unexpected check can be confusing, especially with no explanation attached. The check could be part of a refund, a promotional offer, or even a mistake, such as an error in a billing process or overpayment. It's also possible that it could be related to a class-action settlement or a rebate from a company with which you have had previous dealings, even if you don't remember them. 
 
The first step is to examine the check closely for any details, such as a company name, phone number, or a website. This could help you identify where it came from and if it relates to anything you may have signed up for or been involved in previously. You should also check your bank or credit card statements to see if there are any past transactions that might explain the payment. 
 
To be cautious, you should contact the company that issued the check before depositing it. Make sure the check is legitimate and inquire about the reason for it. If you're still uncertain, you can also reach out to your bank for advice on how to handle the check and whether there are any red flags you should be aware of.

Q: Why did I receive an unexplained $100 check from a company?