The film follows a boy who inherits a blank check and uses it to buy a house under an alter ego but is soon being searched for by several members of the bank he cashed it under.

11-year-old Preston Waters laments his relative lack of money compared to his entrepreneurial older brothers and his white collar father, an investor.

He is also forced to attend his classmate Butch's birthday party at Cliffside Fun Park, where he is unable to afford anything other than the kiddie rides because his father is very frugal with money.

Afraid of drawing attention from the police, Quigley hastily hands Preston a signed blank check and flees the scene.

An angered Quigley sets out to find Preston with Juice hoping to reclaim his stolen money and threatens Biderman's family with death unless he comes along.

Blank Check debuted at number 3 at the US box office behind Ace Ventura: Pet Detective and The Getaway with $5.4 million in its opening weekend.

[9] Peter Rainer of the Los Angeles Times stated that what was "missing from this film is any trace of the joy in simple pleasures.

"[10] Janet Maslin of The New York Times said that it "looks like the best bet for family audiences in a season short on kiddie oriented entertainment.

"[11] The Chicago Tribune stated that "[w]ith its contrived plot, its MTV-inspired montages and its blatant shilling for products, it is film as hard sell, and it comes with a decidedly suspect warranty.

In January 2017, Blank Check was made available on Netflix in the United States, which led many critics to review the film anew.

[13] Observer's Dana Schwartz claimed the kissing scene left her feeling "totally grossed out", while Kylie Queen from WJBQ described the act as "borderline pedophilia".