Go to any Post Office location. Take cash, a debit card, or a traveler’s check. You cannot pay with a credit card. Fill out the money order at the counter with a retail associate.
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Can I buy a money order with a credit card?
The only places that let you buy a money order with a credit card are 7-Eleven stores and Western Union. If you plan to charge a money order, be aware that your credit card company may consider a money order purchase to be a cash advance, which has some significant downsides.
Where can I pay for a money order with a debit card?
You can use cash or a debit card to buy money orders at the post office, Walmart, Western Union and your bank or credit union.
Can I buy a money order online with a debit card?
Money orders are now available online, although they’re a bit different from the ones you purchase in person. First off, what is a money order? It is similar to a check, except payment is guaranteed as someone already paid for it using cash, a credit card or a debit card.
Can I Mobile deposit a money order?
Today, most banks allow mobile check deposit of personal checks, business checks, money orders, treasury checks and more. As a general rule, any check you can deposit in-person at a local branch can be deposited via mobile check deposit using your bank’s app.
Can I cash a postal money order at Walmart?
You can cash a money order at banks, check-cashing services and certain retailers, including grocery stores. Walmart cashes money orders that were issued at Walmart, for a fee.
Can I send money order through FedEx?
Money (coins, cash, currency paper money and negotiable instruments equivalent to cash such as endorsed stocks, bonds and cash letters), collectible coins and stamps cannot be carried by FedEx.
How do I cash a money order I bought?
How to Cash a Money Order
- Bring your money order to a location that will cash it. You can take the money order to your bank, credit union, grocery store, and some retail stores.
- Endorse your money order.
- Verify your identity.
- Pay service fees.
- Receive your cash.
How do you check if a postal money order has been cashed?
Call USPS at (866) 974-2733 to check the payment status. The automated system will ask whether you are a customer or an employee. State ‘Customer.’ It will then ask what it can assist you with. State ‘Money Order Inquiry’ and enter the money order’s serial number using your phone’s keypad.
Does a money order have to be signed by the purchaser?
Do You Have to Sign a Money Order? Yes. You do have to write out your signature on a money order.
Can you swipe your debit card for a money order?
Yes. You can buy a money order with a credit card as well as with a debit card, check or bank transfer. Western Union and 7-11 are two notable examples of merchants that allow you to buy a money order with a credit card.
Can you send a money order electronically?
You can’t send a cashier’s check or money order across the internet, but you can order a cashier’s check online from some banks to be physically mailed to someone.
How do I pay online with a money order?
Follow these five simple steps for filling out a money order:
- Fill in the recipient’s name.
- Write your address in the purchaser section.
- Include your account number if you’re paying a bill.
- Sign where it says ‘purchaser’s signature.’
- Keep your receipt.
Where is the cheapest place to get money order?
Money Remittance Services
Money Remittance Services
Remittances are a developing and essential business for India Post, which is headquartered in New Delhi.India Post provides a wide range of remittance services to satisfy the needs of people from all walks of life in the country.In addition to domestic and international destinations, India Post offers remittance services as well as money transfer services.In order to provide speedier services, India Post has implemented web-enabled remittances.The following are the remittance services that India Post provides:
This is a domestic money transfer service that is provided through the post office.In most cases, funds sent by money order are delivered to the payee at his or her residence.This service is accessible at all post offices.Using a single money order, you may send a maximum of Rs.5000/- in one transaction.Transferring money is simple: the sender just pays the booking office with cash or a check, and the service is charged at a rate of 5 percent of the amount of money being transferred.
- The Payee signs an acknowledgement form that is given to the remitter.
- Along with the money order, there is also an option to send a short note to the recipient.
Electronic Money Order
On October 10th, 2008, it was first introduced.The eMO system attempts to streamline the money order transmission process by guaranteeing that money orders are transmitted quickly and securely using electronic means.The time required for transmission is really short, and the sum is paid out the same day as the booking.The sum of the money order is paid in cash at the payee’s door step when the money order is delivered.This service provides the ability to send money from one person to another, from one person to many people, and from many people to one person.
- eMOs can be booked at recognized POs, but they must be paid at any delivery PO in the nation to be valid.
- The commission for an eMO is the same as the commission for a money order.
- The eMOs may be followed down to their source using the Indiapost website.
Instant Money Order
- India Post offers an instant Money Order service that is convenient, safe, and reliable.
- It is also available on a same-day basis.
- Remittances in the range of Rs.1000/- to Rs.50000/- can be made through specially designated iMO Post Offices.
- Money may be sent instantly over the internet with this service.
- The remitter must complete the appropriate form and provide a picture identification card that is current and valid.
- The amount of the Money Order Commission varies depending on the amount of the remittance.
The remitter can choose from one of 33 basic messages that are available.To receive the money, the payee must go to the post office, fill out the required paperwork, and present identification documentation.The amount received can also be credited to the payee’s savings account at a financial institution.
- Indian postal service offers an international remittance service that may be used to send money to almost any foreign location.
- Those who receive outward remittances have their funds deposited directly into the bank accounts of those who live in the destination nations.
- In each outbound transfer, the amount cannot exceed 5000 USD, and a total of 12 outward remittances are permitted in a calendar year.
- This service is offered at all computerized post office locations.
- The commission charged by MO Videsh is dependent on the amount being transferred.
International Money Transfer Service
- Indiapost also provides inward international money transfer services in collaboration with Western Union money transfer and Money gram, among other companies.
- The service is secure, quick, and dependable.
- The transfer of personal remittances from abroad to beneficiaries in India is a quick and simple process using this method.
- Money can be received from 195 countries through post offices that have been identified.
- After a remitter sends money, the money can be received by the recipient within minutes.
- A total of 2500 USD can be received in a single transaction.
In a calendar year, a single beneficiary can receive a total of 12 transactions from other parties.Money up to Rs.50000/- in cash, and more than that in cheques or savings accounts, as directed by the procurator general.The recipient must provide sufficient information to establish his or her identity as well as proof of residency.A total of 7212 post offices have the capability of accepting WUMT, while 500 post offices have the capability of accepting money gram payments.
Electronic Clearance Services (ECS)
- The ECS plan provides an alternate option for making large payments, as well as for making interest, wage, pension, and dividend payments.
- The plan was officially launched on the 9th of August, 2003.
- ECS is a service provided by India Post in conjunction with the payment of monthly interest under the Monthly Income Scheme.
- Depositors of MIS accounts have their interest automatically deposited and credited into their accounts on due dates at a specified bank of their choosing under the ECS program, which was implemented in 2007.
- Currently, the service is accessible at 15 RBI sites and 21 SBI locations, which are all part of the Department of Posts.
Money gram International Money Transfer
To provide the general public with the MoneyGram International Money Transfer Service, the Department of Posts has signed into an International Cooperation Agreement with MoneyGram Payment Systems, Inc., based in the United States, which will be available through selected Post Offices in India. On the 29th of September, 2011, this service was officially launched.
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- When sending money over the mail, money orders are a safer alternative to cash and personal checks than cash and personal checks.
- Money orders from the United States Postal Service® are inexpensive, widely recognized, and never expire.
- Your money order receipt will assist you in tracking down your payment and will serve as evidence of its value in the event that the money order is lost, stolen, or destroyed.
- Postal money orders are available for purchase and cashing at any Post OfficeTM store.
- Money Orders Can Be Sent Around the World
- Make a decision on the amount of the money order. It is possible to send up to $1,000 in a single order to any location in the United States.
- Visit any of the Post Office locations.
- Bring cash, a debit card, or a traveler’s check in case of emergency. You will not be able to pay with a credit card.
- Fill out the money order with the help of a store salesperson at the counter.
- Pay the amount equal to the face value of the money order plus the cost for issuing it.
- Keep your receipt in case you need to hunt down the money order.
Standardized Money Order Practices and Procedures (DMM 509.3) Fees are calculated based on the monetary amount of the money order.
|$0.01 to $500.00||$1.45|
|$500.01 to $1,000.00||$1.95|
|Postal Military Money Orders (issued by military facilities)||$0.50|
- Before accepting a money order, double-check that it is legitimate. When attempting to identify a forged money order, there are numerous crucial characteristics to look for. Genuine United States Postal Service money orders are distinguished by distinctive markings and patterns that help to avoid fraud. If you hold the money order up to the light, you should be able to see the following: Ben Franklin’s watermarks on the left side of the page repeat from top to bottom (circle 1 on picture)
- An in-and-out weaving of a vertical, multicolored thread with the letters ″USPS″ weaves in and out of the paper on the right side of the Franklin watermark (circle 2 on picture)
- If the dollar amount is discolored, it is possible that it has been erased, which would indicate fraud (circle 3 on the image)
- Please double-check that the dollar amount is imprinted twice (circle 4 on the image).
- Check to see whether the money amount is excessive
- Money orders sent within the United States cannot be worth more than $1,000.
- In the United States, international money orders cannot exceed $700 ($500 for El Salvador and Guyana).
- If you suspect fraud, call the U.S. Postal Inspection Service at 1-877-876-2455
- if you believe you’ve been given a fake money order, call the Money Order Verification System at 1-866-459-7822
- and if you believe you’ve been given a fake money order, call the Money Order Verification System at 1-866-459-7822.
- Domestic money orders are non-expiring and do not accumulate interest while in transit.
- Money orders are cashed for the precise amount that is specified on the receipt.
- A money order from the United States Postal Service can be cashed at any Post Office for free.
- You may also cash them in at the majority of banks and select retail establishments.
- If they have enough cash on hand, rural couriers may be able to cash money orders.
- Do not sign the money order
- instead, write your name on it.
- Take the money order and a primary picture identification to any Post Office location.
- The money order must be signed at the counter in the presence of a store worker.
- See the extra requirements for money orders made out to organizations, to more than one person, and to children for more information. Money Orders are accepted for cashing (DMM 509.3.3) At any time, you may check the status of a money order you’ve purchased from the U.S. Postal Service by logging into the Money Orders Application on the USPS website. Before you begin, double-check that you have the essential details for the postal money order you wish to examine: Serial number, Post Office number, and dollar amount are all required.
- Payment on postal money orders cannot be stopped, however a money order that has been lost or stolen can be replaced. It may take up to 30 days to determine whether a money order has been lost or stolen.
- It might take up to 60 days to determine whether a money order has been misplaced or stolen.
- There is a $6.95 processing fee for replacing a money order that has been lost or stolen.
- Take your money order receipt to any U.S. Postal Service outlet
- To begin a Money Order Inquiry, speak with a shop employee at the counter.
- You will be able to monitor the status of your money order and the progress of your inquiry by logging into the Money Orders Application once you have started the investigation.
- When it is determined that your money order has been lost or stolen, we will give you a new money order.
- Money orders that are faulty or damaged will be replaced by us.
- Make a trip to your local Post Office with the damaged money order and your receipt in order to acquire a replacement money order.
- The Postal ServiceTM will no longer sell or cash international postal money orders headed for Japan as of March 2020, nor will the Postal ServiceTM cash international postal money orders issued by the Japan Post.
- If you have not yet cashed a money order issued by Japan Post, please return the money order to the sender.
- On July 10, 2020, Japan Post announced that it will no longer accept international postal money orders issued by the Postal Service for payment.
- (On December 31, 2019, Japan Post discontinued the sale of international postal money orders meant for the United States.)
Can You Use a Credit Card to Pay for a Money Order?
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- Although this post may contain links and references to one or more of our partners, we strive to present an unbiased perspective to assist you in making the best decisions possible.
- Please see our Editorial Policy for additional information.
- It happens while you’re casually browsing Craigslist or NextDoor that you come across someone who is selling the secondhand automobile of your dreams.
- However, there’s one snag: they require payment by money order, and you don’t have enough cash on hand to purchase one.
- Consequently, you may be asking if it is possible to charge the money order to your credit card.
Paying for a money order can be accomplished through the use of a credit card, although this should be considered as a last resort.Continue reading to find out why.
What Is a Money Order?
- When you need to make a safe payment but are unable or unable to utilize your bank’s online payment tools or an online payment service such as Venmo or PayPal, a money order can be used as an alternative to checks or cash to complete the payment.
- A money order must be paid for in full up ahead.
- Unlike a check, which has the potential to bounce, this ensures that the receiver will get money, which is why some individuals and businesses choose to use them.
- Money orders must be paid payable to a specific individual or business and may only be cashed by the individual or business that issued the money order.
- Because cashing a money order requires you to provide identification in person, you don’t have to be concerned about a thief getting their hands on your funds.
- Money orders are typically limited to $1,000 in value, while some issuers have lower limitations in place.
If the amount you need to transfer is greater than that, you’ll have to purchase additional money orders to cover the difference.Example: If you wanted to purchase $3,000 in money orders from a place that only allows you to purchase $500 money orders per transaction, you’d have to purchase six money orders.Additionally, there may be restrictions on the total dollar amount of money orders that you can purchase in a single day.For example, the United States Postal Service restricts the amount of money orders you can send every day at $10,000.
Why Should I Use a Money Order?
- People who don’t have checking accounts frequently use money orders to make substantial payments, such as rent or a large purchase from a person, because they are more convenient.
- Some people may insist that you pay them using a money order, and this is quite acceptable.
- In the event that you are concerned that using a check would result in identity theft due to the fact that checks include your bank account number, you may feel more secure utilizing a money order, which does not carry any of your banking information.
- Money orders can also be used to send money worldwide, such as to relatives who live in a different country than you.
- The majority of money order merchants have locations in major cities all around the world.
- Before purchasing a money order to send to another nation, double-check that the receiver has access to a money order cashing service in their area.
Where Can I Buy a Money Order?
- Banks and credit unions, check-cashing and payday lending businesses, grocery stores and convenience stores, as well as the post office, are all sites where money orders can be obtained for a small fee.
- Additionally, members of the military can acquire them at military bases and bases of operations.
- You’ll be charged a modest fee dependent on the quantity of the money order you’re issuing.
- Fees vary based on the location where the money order is issued, but they are usually only a few dollars at the most.
- When it comes to stamps, for example, stamp issuance rates at the post office range from $1.25 to $1.75, whereas at Walmart the highest fee is $0.88.
How Do You Buy a Money Order With a Credit Card?
- Generally, you’ll have to purchase a money order with cash or a debit card in order to complete the transaction.
- Personal checks are not accepted as payment for money orders because issuers require the money to be in their possession before issuing the money order.
- The only venues where you may purchase a money order with a credit card are 7-Eleven convenience shops and Western Union offices.
- Remember that if you want to charge a money order, keep in mind that your credit card company may see the purchase as a cash advance, which has some substantial drawbacks.
- Cash advances have higher interest rates than ordinary purchases, and in some cases, the rates are significantly higher than the standard rate.
- While credit card transactions are subject to a grace period before interest on the purchase begins to accumulate, interest on cash advances is often accrued immediately after the transaction is completed.
In addition to these fees, your credit card company may charge you a cash advance fee of $20 or more for the cash advance.Taking out a cash advance might also have a negative impact on your credit score if it causes your credit usage ratio to rise to more than 30%.If the credit card you use already has a balance on it, the issuer may choose to apply your future payments to the purchase balance rather than the more expensive cash advance debt, if you have one.Paying down your balance may become more difficult as a result of this situation.To avoid being hit with unexpected fees, thoroughly review your cardholder agreement or contact your credit card issuer to see whether using a credit card to purchase a money order is deemed a cash advance.
How Do You Fill Out a Money Order?
- Money orders are simple to fill out, however it is critical that the money order be filled out completely and accurately.
- If this is not the case, the recipient may be unable to cash the check.
- You’ll need to write the name and address of the person or company who will be receiving the money order on the money order.
- Because the money order will be verified against the recipient’s identification when they attempt to cash it, it is a good practice to double-check the spelling of the name first.
- Don’t forget to sign the money order and receive a receipt for your efforts.
- If you wish to cancel your money order or if your money order goes missing and you need to show that you ordered it, you must have a receipt to hand.
How Do You Cash a Money Order?
- To cash a money order, take it to a bank, credit union, or check cashing shop where the money order is accepted.
- In addition, you can take it to another site owned or operated by the entity that issued it, such as a post office, supermarket, or convenience shop.
- Regardless of where you cash your money order, you’ll be required to present identification and sign the back of the money order, just like you would when paying or depositing a check.
Do Money Orders Expire?
- Money orders have no expiration date.
- Money orders, on the other hand, may be subject to a monthly service fee if they are not cashed within a specified period of time after they have been received.
- In the event that you choose to cash your money order, the charge will be deducted from the total amount you are awarded.
- You should check the terms and conditions written on the reverse of the money order as soon as possible after receiving it.
- Be sure to take note of any service costs that may apply and how long you have to wait before fees start accruing before you can cash the money order.
How to Avoid Money Order Scams
- Money orders that are legitimate are a safe and secure method of transferring monies. Unfortunately, falsified money orders are frequently used by scam artists in order to perpetrate fraud. The time it takes for your bank or credit union to discover that you’ve deposited a bogus money order might range from a few days to several weeks. At that point, they’ll promptly withdraw the funds from your account. The fact that you have already spent the money may be an issue. You should be on the lookout for the following frequent money order scams to keep yourself safe: Scammers target those who purchase online. When purchasing products from an internet merchant, they may need you to pay using a money order. The money order is sent to the company, but they do not deliver the thing. Whenever you make a purchase using a money order, it is better to complete the transaction in person. You’ll be able to hold the merchandise in your hands before handing over the money order to the vendor.
- Purchaser who is not who they claim to be: Fraudulent money orders are sent to your business by thieves to pay for goods that you are selling. It may be too late to return the product by the time you discover that the money order is a forgery. If clients ask you to mail their purchases to a private PO Box, this is generally a red flag that they are being duped.
- Fake buyer’s remorse occurs when a fraudster purchases something from you using a forged money order. You cash the money order and get ready to ship the merchandise to them. They do, however, request that you cancel the order and receive a refund before you proceed. They may offer to let you keep a portion of the cash as a thank you for your work in exchange for returning the remainder of the money order. When it is determined that the payment was fraudulent, the check-cashing company may pursue you for costs as well as a refund of the monies that were fraudulently issued to begin with.
- Reversal of a rental agreement: The scam artist sends a fake money order to pay for a non-refundable security deposit, as well as some or all of the charges associated with a bed-and-breakfast or vacation rental stay. They cancel the reservation as soon as possible and want a refund. Immediately after depositing the money order, keeping the security deposit, and sending them their remaining funds before it is found that the money order is a forgery
- Overpayment ruse: Scammers may attempt to defraud you by sending you a money order for a sum greater than the value of the product you are selling. They then claim that the overage was caused by a clerical error and demand that it be reimbursed.
- Assistance in making a deposit: A stranger states that they do not have a bank account and that they require you to place a money order on their behalf and then transfer the monies to them
- In order to avoid fraud, the Federal Trade Commission suggests that you never send a money order to someone you don’t know, to persons who claim to only take money orders, or to those who want you to keep the transaction a surprise. Here are a few more tips to assist you avoid falling victim to a money order scam: Verify the availability of cash. Before cashing a money order, check with the issuer mentioned on the reverse of the money order to ensure that it is legitimate
- Keep an eye out for indicators of forgery. Even a seasoned professional may have difficulty identifying these, but you may take the money order to the location of the issuer and ask them to check it
- Check for signs of tampering. Does the amount seem to have been wiped or increased in any way? If this is the case, it might be a hoax.
- Keep the monies from a money order aside for a few days. Keep the money order in your possession for at least a week or two after depositing it before using it or issuing a refund to the sender
- Keep an eye out for strategies that put you under strain. In most cases, scammers will pressure you into depositing the money order or sending them a refund as soon as possible. By stating that they require the cash for a surgery, they may attempt to get your compassion. Some may resort to fear tactics, such as threatening to sue you or ruining your internet reputation, to gain your cooperation. Consider anybody who demands on rapid action when it comes to money orders to be cautious of their intentions.
Using Money Orders Wisely
- Money orders may be valuable tools for trading and moving money in a secure manner, but it’s crucial to understand how they work—as well as the dangers and limits associated with them—before using them.
- However, while some credit card issuers may allow you to purchase a money order using your credit card, many credit card issuers will consider this to be a cash advance and may charge you extra fees in addition to high interest rates.
- If you find yourself in need of a money order for whatever reason, purchasing it with a credit card should be your last and most extreme alternative.
How Money Orders Work: What You Should Know
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- When compared to cash or a personal check, money orders are a safer choice
- they function similarly to checks, allowing you to cash them or deposit them into a bank account.
- It is possible to use a money order in situations where using cash or personal checks puts you in danger or if they are not accepted for payment.
- Money orders may be purchased at the post office, Walmart, Western Union, and your bank or credit union using cash or a debit card
- however, money orders cannot be purchased online.
How do money orders work?
- It is a piece of paper that serves as a safe substitute to cash or personal checks in certain situations.
- To make a money order valid, you must identify who will receive it, and both you and that person must sign the order in order for it to be valid, which reduces the likelihood of theft.
- Money orders can also be purchased in advance at locations such as the United States Postal Service, Walmart, or Western Union.
- Keep in mind that many, particularly those purchased through financial institutions, have a $1,000 cap on their purchases.
How can I buy a money order?
- Make sure you have everything you need: Prepare yourself by having cash or a debit card on hand, as well as the name of the recipient and the amount you wish to transfer. Paying using a credit card may be feasible, but will almost always incur additional fees
- Fill in the blanks: In addition to the payee’s name, you’ll need to provide your name (and maybe your address) on the money order, and sign the document. NerdWallet’s guide on how to fill out a money order includes step-by-step instructions. Because you will not be able to edit the information after it has been submitted, take care to confirm that everything is true.
- Keep the receipt for future reference: The receipt will be either a carbon copy of the money order or a paper slip containing the information that was recorded on the money order, as appropriate.
- Follow the progress of your money order:
- A tracking number will also be printed on your receipt, which you may use to ensure that the money order was delivered to the intended recipient. If you have any issues, you should contact the location where you purchased the money order for assistance.
Get answers to your questions regarding stimulus checks, debt relief, altering travel regulations, and managing your money with the NerdWallet COVID-19 Guide.
Where can I get a money order? How much does a money order cost?
- Domestic money orders are available for purchase for a variety of prices ranging from less than a $1 to around $5, depending on where you purchase them.
- At Walmart, a convenience shop, or the grocery store, you’ll normally receive a better price, whereas a bank will typically charge you more money.
- International money orders are not available from all suppliers; certain post offices do sell them, but they are more expensive, however there is a discount for those obtained through military post offices.
- And, regardless of where you get them, it is always safer to purchase them in person.
|Walmart||Up to 88 cents|
|Money transfer agents (convenience stores, supermarkets, etc.)||Depends on the provider. For example, San Francisco-area Western Union providers often charge around $1.|
|U.S. Postal Service||Up to $500: $1.25 $501-$1000: $1.70Military money orders: 45 centsInternational (up to $700): $10.25|
|Banks and credit unions||Depends on the financial institution. Often around $5.|
|In the market for a provider? Here are our best ways to send money.|
What does a money order cost at some of the biggest U.S. banks?
It should be noted that many banks will only offer money orders to customers who have an account with them.
|American Express® National Bank, Member FDIC4.5NerdWallet rating||Money orders not offered.|
|Bank of America3.5NerdWallet rating||Money orders not offered.|
|Chase3.5NerdWallet rating||$5 for up to $1,000; free for premium accounts. Must be purchased in a branch.|
|Wells Fargo3.5NerdWallet rating||$5 for up to $1,000. Must be purchased in a branch.|
+ See this page for a list of more banks and the fees they charge. A clever method of keeping track of your finances Track your cash, credit cards, and bank accounts all at the same time with this application.
Can I buy a money order with a credit card?
- Some retailers, such as Walmart and the United States Postal Service, allow you to purchase a money order using a credit card, while others, such as the Postal Service, do not.
- A money order must be purchased with a debit card or cash in certain instances………………………………………………….
- Even if the service provider you pick does allow you to pay using a credit card, it will be far less expensive not to.
- Money orders are often treated as cash advances by credit card companies, which charge a fee based on the amount of the transfer — typically 3 percent to 5 percent — and begin accruing interest immediately.
- That interest rate may be higher than the interest rate you’ll pay on a typical buying transaction.
When should I use a money order?
- There are situations when paying with cash or personal checks might put you in danger, or when they are simply not accepted as payment methods. Here are four scenarios in which money orders are the most appropriate payment method: You must transmit money in a safe and secure manner. Money orders, in contrast to checks, do not include your bank account number, therefore, unlike shipping cash, they assist to ensure that only the intended receiver may use it.
- You don’t have a checking account, unfortunately. Because money orders must be paid in advance, you do not need a bank account to use them, and you may still pay your bills in a secure manner. Another possibility is: One of the best prepaid debit cards for routine expenditures, according to NerdWallet.
- You’re concerned about the possibility of bouncing a check. Because money orders are pre-paid, they cannot be denied due to a lack of funds on the account. Alternatively, you might use a certified check or a cashier’s check, which are both guaranteed to be paid and do not necessarily have a $1,000 restriction, as is the case with many money orders. Learn more about certified checks and cashier’s checks by reading the related articles.
- You’re transferring money across international borders. Not all money orders are valid for use overseas, however money orders from the United States Postal Service can be delivered to around 25 countries. Another alternative is to use a wire transfer if you want the money to be delivered more quickly and are ready to pay a higher fee. Alternatively, see our list of the best methods to send money overseas.
Where can I cash a money order?
- If possible, cash a money order in the same site where it was issued, whether that’s a bank branch, post office, or other facility where it was issued.
- Alternatives include check-cashing establishments, convenience stores, and grocery stores; however, be aware of fees associated with these options.
- You will very certainly be required to provide identification wherever you go.
- If you don’t need the money right now and you have a bank account, you might want to consider putting it there instead.
- Banks accept money orders from the United States Postal Service in the same way that they take conventional checks at branches, ATMs, and even on banking apps that have a mobile check deposit feature.
- Don’t forget to sign the back of the money order before dropping it into the bank.
What do I do if I lost a money order?
- Even if you no longer have possession of the money order or made a mistake on it, you may be able to cancel it and receive a replacement or reimbursement, provided that the money order has not been cashed. Bring your receipt as well as the money order itself, if you have it. You’ll need to take it back to the location where it was purchased. The issuer will very certainly require you to complete some documentation using the information from your receipt, and you will almost certainly be required to pay a charge. To change a money order, for example, Western Union charges a fee of $15. Furthermore, it might take a month or longer for the issuer to complete your claim. If the money order was cashed, you may still be able to recover your money, but you will almost certainly have to go through the legal system to do it. SoFi checking and savings accounts are insured by the Federal Deposit Insurance Corporation (FDIC). Account for Chime Spending LendingClub Rewards CheckingDeposits are insured by the Federal Deposit Insurance Corporation. It’s quite straightforward to find out where a money order is if you’ve saved your receipt from when you purchased it. However, the procedure differs significantly from issuer to issuer. You may monitor your package online through the United States Postal Service, MoneyGram, and Western Union by providing information such as the serial number found on your receipt and the value of your transaction. Your financial institution should be able to give you with the same details. If you don’t have the receipt, you’ll very certainly have to make a research request in order to find out what the serial number of your money order is, which is both expensive and time-consuming. It costs $40 and can take up to 60 days to be processed using MoneyGram, for example. Keep in mind that the money order should be tracked with the real supplier — which might be Western Union or MoneyGram even if you purchased it from a convenience shop. Money orders are generally considered to be a secure payment mechanism, however they can be abused to commit fraud. To keep oneself safe, do the following: Avoid exchanging money orders with strangers if at all possible. This isn’t always feasible, but if it is, request that your payment be made online or by alternative methods.
- Keep an eye out for red flags.
- Sending additional money back to someone who says they’ve paid too much, or visual indications such as missing watermarks or quantities more than $1,000, are examples of what you may do.
- Check the money to be sure they are there. If you are unable to cash the money order at the location where it was issued, you should call the issuer’s official, publicly available phone number to determine whether or not the document is valid.
Can You Get a Money Order Online?
- The online money order business is a very volatile sector of the economy.
- A few websites provide online money orders, but the majority of them are located in countries other than the United States, and both you and the recipient must be physically present in the nation in order to utilize these services.
- Online money orders are offered by other firms, who promote them as money transfers, which are not the same thing, even though they can accomplish the same goal.
- The sender transfers money online using his bank account or credit or debit card to a receiver’s bank account, mobile wallet, or a local agent.
- The recipient receives the money in the same manner.
- Example: If you’re transferring money by Western Union, the receiver may either collect it from one of the company’s agents (which can be found in many supermarket and convenience stores) or have it transferred to their mobile wallet or bank account, depending on their preference.
This transaction may be completed on the internet.The costs for a money transfer are determined by the amount of money being sent as well as the nation to which the money is being transferred.However, if you wanted to purchase a money order, you would have to go in person to a Western Union representative and complete the transaction.After that, you might hand deliver or send the money order to the intended recipient.For amounts up to $1,000, the cost of a money order sent through Western Union is around $1.50.
- In general, purchasing a money order is less expensive than making an online money transfer.
- If you use your credit card to purchase or transfer money, you should be aware that you may incur hefty costs since the transaction is classified as a cash advance.
- It’s preferable to pay with cash or make a bank transfer instead.
- Similarly, Money Gram operates in the following ways: Payment for online purchases is subject to a variety of costs, which vary based on where the money is being delivered, how much it is, and whether the money is being picked up or sent to the purchaser’s mobile wallet.
- When purchasing a money order in person, the fee is around 70 cents for amounts up to $1,000.
- Walmart will now accept a Money Gram money order for cashing as well.
- Many banks will sell you a money order, which you must pick up in person at their location.
- The cost is around $5.
You may also send money via an app such as Xoom, but in order to do so, you would need to have a bank account, credit or debit card on hand.If you come across a firm that appears to be selling online money orders, do some research to ensure that it is reputable, especially if it appears to be a newly founded business.When in doubt, it’s best to go to your local bank, post office, or grocery shop to pick up your money order in person rather than ordering it online.Despite the fact that it is less convenient, it will be less expensive, and you will not have to worry about the authenticity of the transaction.The original publication date was October 10, 2011.
How Much Does a Money Order Cost at Walmart?
- ©Walmart Using a money order is a convenient option if you need to pay a bill or purchase something with a check but do not have access to a bank account.
- Money orders are inexpensive and simple to get – you can get one at your local Walmart for as little as $5.
- What is the cost of a Walmart money order in dollars?
- While the actual rate varies from shop to store, the fee at your local Walmart is no more than $1, which is a fairly reasonable fee in this market.
- Compared to this, the United States Postal Service costs $1.45 for money orders up to $500 and $1.95 for money orders between $500 and $1,000, respectively.
- Explore the money order options available from Walmart to see if this is an appropriate location for you to purchase a money order.
What Is a Walmart Money Order?
- A Walmart money order is similar to a prepaid check or bank certificate in that it is pre-paid in advance.
- To obtain a money order from Walmart, you must pay the amount that you need to send, as well as a minor charge.
- After that, you’ll be given a money order, which you’ll need to fill out with your information as well as the information for the beneficiary.
- One of the primary advantages of a money order is that it is paid in advance, which means that it will not bounce like a personal check.
- Money orders are issued with serial numbers, allowing them to be tracked down.
- It is normally possible to cancel and reissue a money order in the event that it is lost or stolen, provided that you have kept the stub that contains all of the necessary information.
Walmart Money Order Payments
- Walmart does not accept credit cards as payment for money orders, and vice versa.
- If you need to purchase a money order, you’ll need cash or a debit card to complete the transaction.
- Once you have received your Walmart money order, keep in mind that it is equivalent to cash.
- Walmart recommends that you fill out all of the required areas, such as your name and the name of the receiver, as soon as you purchase the item.
Walmart MoneyCenter Services
- Even though Walmart does not operate as a bank, it is able to issue money orders due to the fact that they are prepaid financial instruments. There are a variety of payment options available at the Walmart MoneyCenter if a money order is not adequate for your needs. Walmart MoneyCenters, on the other hand, provide a wide range of financial services, including the following: Credit cards, Walmart MoneyCards, Bluebird cards, and Netspend Visa with Rapid Reload are all acceptable methods of payment.
- Bill payment and check cashing services are available through MoneyGram transfers or MoneyGram money orders.
- Money transfers using Western Union and Walmart2Walmart are available. Ria is the driving force behind this project.
- Check printing and bill payment are two options.
Does Walmart Cash Money Orders?
- Money orders can be cashed at banks, check-cashing businesses, and select shops, including grocery stores, among other places. Walmart will pay money orders that have been issued in the store for a small charge. If you want to cash a money order, you’ll need to provide identification to establish that you are the authorized receiver. Walmart also provides check-cashing services on a wide range of financial instruments, which might be useful if you are anticipating a payment that is more than the $1,000 money order maximum set by the government. Walmart will accept any of the following forms of payment: The following are examples of money orders: MoneyGram money orders purchased at Walmart
- cashier’s checks, tax and payroll check, government check, insurance settlement check
- 401k or other retirement payout checks
- In general, Walmart has a check-cashing maximum of $5,000, however this limit is lifted to $7,500 from January through April to enable for the cashing of higher tax returns.
- The cost to cash checks and money orders for quantities less than $1,000 is a maximum of $4; for sums greater than $1,000, the price is a maximum of $8.
- You may either receive the money in cash or have it placed onto a Walmart MoneyCard, which costs $1 to purchase but does not charge a fee to refill it on future occasions.
- Journalist Jami Farkas assisted with the reporting for this piece.
- As of January 18, 2022, the information is correct.
- Following his graduation from UCLA with a B.A.
in English with a Specialization in Business, John Csiszar worked as a registered representative in the financial services business for 18 years before retiring.As a result of his experience working for a large Wall Street wirehouse as well as his own financial advising business, Csiszar obtained the Certified Financial Planner and Registered Investment Adviser credentials, as well as being certified as a life agent.Csiszar handled approximately $100 million in client funds during his stint as an adviser, while also offering hundreds of customers with tailored investment programs.
How to Cash a Money Order in 5 Simple Steps
- Have you heard of money orders but are unsure of what they are or when they are used?
- If so, you’re not alone.
- We’re here to assist you with any queries you may have.
- A money order is a safe and secure payment mechanism that may be used to transmit a pre-paid sum.
- Money orders are a dependable method of sending cash, especially when a paper check is insufficient or unavailable to transmit the money.
- It is possible that you will need to utilize a money order for a rental security deposit, a used automobile purchase, or to send money abroad or via the mail.
Because money orders are guaranteed, a receiver may choose this mode of payment over a cheque because it is more reliable.In most cases, however, money orders may be a quick and reasonably priced method of sending guaranteed funds to any recipient of your choosing.In the event that you’re unsure of how to cash a money order, we’ve included a step-by-step tutorial below, as well as a list of locations where you may cash a money order.
How to Cash a Money Order
Follow the steps outlined below to effectively cash a money order. You have two options after getting your cash: either deposit it into your bank account or use the funds for any purpose you like. Consider unloading your cash as soon as you are able to avoid having to carry a huge chunk of money around with you.
- Please bring your money order to a place where it may be cashed. You may take the money order to your bank, credit union, grocery shop, and a few retail businesses to cash it in for cash. In the section below, you may find a comprehensive list of locations where you can cash a money order.
- Sign and date your money order. It’s best to wait until you’re ready to hand out the money order before signing it on the back of it. Then, to confirm your endorsement of the order, sign the back of the order.
- Please confirm your identity. To establish that you have the authority to cash the money order, you must present identification to the clerk. Identification documents provided by the government, such as a passport, driver’s license, or military identification card, are all acceptable.
- Fees for services must be paid. It is possible that you will be charged a fee to cash a money order, however these costs are usually minimal. The fees will be taken from the final amount of money that you get.
- Take possession of your money. Before you leave the service counter, put your cash in a secure area. Consider putting your money in a money belt or wallet to keep it safe. You may want to tell the sender that their money order has been successfully cashed.
Where to Cash a Money Order
- Because there are several locations that provide this service, cashing a money order is typically a simple process. Some of the alternatives listed below may be more appropriate for you than others, depending on where you reside and the places you go on a regular basis. Bank. One of the quickest and most convenient methods of receiving your funds is to cash a money order at a bank. Take into consideration cashing your money order at a bank where you already have a checking or savings account so that you may deposit the funds instantly and safely. If you have a credit union account, you can cash money orders at credit unions, just like you do at a bank
- money transfer outlets are similar to banks. Money orders may be obtained from a variety of sites, including Western Union and MoneyGram. It is common for them to provide timely service for reasonable costs
- post office. Do you want to know how to cash a postal money order? The post office processes money orders in a safe manner and is the most convenient location to cash USPS money orders. Also available is the option to ship a box or acquire postal stamps while you are there.
- Grocery shop. Money orders can be cashed in some grocery stores, although not all of them do. Ask at their customer service counter if they accept money orders, which can save you from having to run a second errand while out food shopping.
- Check-cashing location. Money order services are frequently offered by stores that cash checks, whether they are your paycheck or a payment from a friend
- convenience stores. Not all convenience shops provide a service for cashing in money orders. Before visiting their location, call beforehand or check at their website. They are a money order issuer. Take a look at the name of the organization that issued your money order. You’ll be able to cash it in at a retailer that uses the same firm as the one that issued the check, such as a Western Union or a retail store. Money orders can be cashed at certain merchants. In order to be certain, check with their customer service counter or phone beforehand.
When to Use a Money Order
- Money orders come in beneficial in a variety of circumstances. They are secure forms of payment that may be transferred and received from virtually any location on the planet without risk. Here are some examples of situations in which you might want to utilize a money order: You are unable to make a payment because you do not have a check
- Paying using a check is not an acceptable method of payment.
- You’re moving money across international borders.
- You’re concerned about your check not clearing
- When making a transaction, such as purchasing a used automobile or paying a rental security deposit, cash is necessary.
- In order to make a payment, you must send it through the mail.
- In the event that you do not have a checking or savings account,
- You’re making a major buy and don’t want to be caught without the necessary funds
- When you send a money order, whether it’s through a bank, a convenience store, or the post office, make sure to save your receipt for tracking purposes as well.
- If your money order is lost or stolen, it is critical that you keep your records and receipt to hand.
- Notify the receiver that you have given them a money order and ask them to notify you as soon as they have received and cashed the money order.
- While money order costs are normally low, they might vary from one location to the next depending on the service.
- The costs you pay are also determined by the amount of money you transfer and whether the funds are being transmitted locally or overseas.
- To find out how to fill out a money order properly, you can ask a clerk at the service desk for assistance.
Money orders are a safe and convenient method to transmit cash, especially if you don’t have a checking account or are receiving a payment through the postal service.A money order may be cashed at a variety of locations, making it a handy service to utilize with low expenses associated with it.Consequently, whether you’re selling a used automobile or making a payment over the mail, a money order may be the best option for you.Preserving financial stability and security is of the highest significance at all times.To live the life you want, you must first understand where you are financially.
- USPS |
- The Balance |
- The Simple Dollar |
- TIME are some of the sources for this information.
How to Check to See If a U.S. Postal Money Order Was Cashed
- Some of you may be wondering whether or not a money order you sent has been cashed or not.
- To your fortunate surprise, it is possible to check on the status of a money order issued by the United States Postal Service either in person or online as well as via phone, mail, or email.
- Online and phone queries give fast confirmation and are completely free.
- When submitting enquiries in person or by mail, you will be required to pay a processing charge, and it will often take several weeks for your request to be completed.
Make an Inquiry In Person
- Visit your local post office and ask for PS Form 6401, Money Order Inquiry, which may be obtained for a little fee.
- The form requests information such as your name and contact information, the serial number and amount of your money order, as well as your signature.
- You can either hand the completed form to postal personnel or mail it to the address on the form, along with a $6.25 processing charge.
- If the money order has not been cashed, the USPS will issue you a refund, and if it has been cashed, the USPS will mail you a duplicate of the cashed item.
Use the Online Verification System
- Visit the Money Order Inquiry System page on the United States Postal Service website.
- Choose ″6401 Inquiry″ from the drop-down menu and enter the serial number of the money order in the area underneath it.
- Money orders issued within the United States are typically 11 digits in length, whereas overseas money orders usually 10 digits in length.
- To proceed, press the ″Go″ button.
- It will display on the following screen whether or not the money order has been cashed and the current status of the money order.
Use the Phone Inquiry System
- To check on the progress of your payment, call the USPS at (866) 974-2733.
- You will be asked if you are a customer or an employee by the automated system.
- ″Customer″ should be written down.
- It will then inquire as to what it can do to assist you.
- Input the phrase ″Money Order Inquiry″ into your phone’s keypad, followed by the serial number of the money order.
- Given that you no longer have the money order in your hands, the serial number can be determined by referring to the purchase receipt.
If you do not have the receipt, you can request one by calling the United States Postal Inspection Service at (877) 876-2455.If you have any suspicions about fraud, you can contact that same phone number.Immediately notify the Money Order Verification System at (866) 459-7822 if you believe you have received a forged money order.
Send an Email Request
- To inquire about payment status by email, make an enquiry to the United States Postal Service by visiting the post office’s webpage.
- At the top of the page, click on the ″Support″ link to get help.
- After that, select ″Contact Us″ and then ″Send Email″ from the drop-down menu.
- When sending the email, be sure to include your name, phone number, mailing address, money order serial number, and amount sent by money order in the subject line.
- Inquire about the status of the money order’s payment.
- After conducting more investigation, postal personnel will react to you via a follow-up email.
How to Fill Out a Money Order, Step by Step
- Money orders are almost as straightforward to fill out as a personal check in terms of the information required.
- Different sources employ a variety of forms, but they always want the same fundamental information.
- The majority of money orders are issued by one of three companies: Western Union, MoneyGram, or the United States Postal Service.
- An illustrated guidance on when and how to utilize a money order, as well as where to obtain one and how to properly fill it out is provided.
- Money orders are straightforward to purchase and cash, and they are nearly as simple to fill out as writing a check
- but, they are not as secure as bank checks.
- Fees vary significantly, so make sure to double-check ahead of time. Avoid using a credit card if at all possible.
- As soon as you put in the recipient’s name, the money order is no longer vulnerable to fraud.