In this way, it’s a lot like a personal check. The U. Please let us know.
Fees, Availability and Additional Services
Money orders are an inexpensive option for bills and purchases. Scroll down to see a price list from popular issuers. Retail locations: the least expensive way to get a money order is usually at a Western Union or MoneyGram desk try the Customer Service desk. You can often find these at the following maek. Keep in mind that the cost refers to a single money order, and money orders typically have a maximum limit.
How Much Does a Money Order Cost?
Money orders are used instead of checks or cash when you need to make a payment. Unlike checks, money orders can never bounce, making them a safer option for large payments. This wikiHow will teach you how to get a money order for your next payment! Before getting a money order, you need to know exactly how much the amount will be for. Visit your bank, post office, or a local grocery or convenience store to purchase your money order. When you purchase it, tell the store how much money you want the money order to be for, and then pay them in cash, debit, or credit depending on their policy.
How to Use a Money Order?
Money orders are used instead of checks or cash when you need to make a payment. Unlike checks, money orders can never bounce, making them a safer option for large payments. This wikiHow will teach you how fost get a money order for your next payment! Before getting a money order, you need to ho exactly how much the amount will be.
Visit your bank, post office, or a local grocery or convenience store to purchase your money order. When jake purchase it, tell the store how much money you want the money order to be for, and then pay them in cash, debit, or credit depending on their policy.
Keep reading to learn how to pay with your money order! To create this article, 17 people, some anonymous, worked to edit and improve it over time. Together, they cited 8 makke. This article has also been viewedtimes. Categories: Money Transfers. Log in Facebook Loading Google Loading Civic Loading No account orer Create an account. Edit this Article. We use cookies to make wikiHow great. By using our site, you agree to our cookie policy. Article Edit. Learn why people trust wikiHow.
Author Info Updated: June 6, Learn more Decide on the amount of monry money order. Many establishments will ask you to pay for the money order in cash. In some cases you will be able to pay with a credit or debit card. Go mmake your ordeg. Some banks may charge a small fee, but many offer money orders for free.
Some banks offer cashier’s checks, which are similar to money orders. Make sure noney recipient will accept a cashier’s check before buying one instead of a money order. Banks offer the benefit of keeping a record of your money order purchase, which could come in handy in the event that the money order gets lost.
Try local businesses. Drugstores, grocery stores, and places like Walmart offer money orders for a fee. Visit a few different places and choose the one with the lowest fee. If there is a cap, simply purchase more than one money order until you have the total amount you need. Try the post office. Money orders issued by the United States Oredr Service are usually replaceable if they are lost, stolen or damaged. They are cashable in 29 other countries. Consider purchasing a money order online.
If you’d rather not purchase a money order in person, an online vendor might be a convenient choice. However, online companies usually charge steeper fees than local establishments. Try a money-oriented establishment. Western Union, credit unions, and other places that handle money usually issue money orders.
Check to cost to make money order sure the amount is correct. The establishment that issued your money order will have printed the amount on the ordr order slip. Double check to make sure it’s right before you end the transaction.
Decide where to fill out the money order. You may want to fill out the money order on the spot, rather than carrying it to another location. If the money order lands in someone else’s hands before it is filled out, that person could fill in their own name and cash it. If you do carry the blank money order to another location, keep in in a safe place on your person. When you get home, put it in a place where it mame get lost. Fill in the «payee» blank. The first blank to fill in will say «Pay to the Order of» or «Payee.
Fill in your personal information. Some money orders will have a space for you to fill in your name and address or other information. Fill in transaction information. You may want to add details mobey the nature of the transaction, such as the name of the item you are paying. Sign the money order. If there’s a space for you to sign the money order, you may vost so, although it can still be cashed without your signature.
First make a tk. Since money orders are often used to pay people you may orser know well, it’s good to keep a personal record of the money order in case a problem arises. Make a copy of the money order and file it with your financial records. Keep it with the receipt that came with your money order. Hand it over in person. The best way to pay with a money order is to give it directly to the recipient.
This eliminates the chance that it will get lost or tampered with by a third party. Mail it in a business envelope. If you’re mailing a money order, make sure it’s in a security envelope, rather than a letter envelope.
Packaging it discreetly will prevent someone else from getting curious and attempting to tamper with the money order. If I make a mistake, can I change the name of whom I made the money order out to?
Call the money order in — go to the store where you purchased the money order and have them replace it for new one. Yes No. Not Helpful 0 Helpful Many times, banks will require you to bring an ID as proof you are the account holder. Not Helpful 1 Helpful 7. Any debit, credit, or prepaid debit cards are accepted by the post odrer as long as they still have sufficient chargeable credit left on.
Not Helpful 1 Helpful 3. Money orcer should be able to be cashed or ti the same as a check. You can bring it to your own bank like any check, or you can bring it to the bank that issued it to cash it. Not Helpful 0 Helpful 4. There is no maximum limit, but makd law, companies that sell money orders have to write down suspicious activity such as transactions of orders over a company’s set. Not Helpful 3 Helpful 8. It depends on the delivery service used.
First class mail typically takes business days. Not Helpful 2 Helpful 5. Will the post office accept a prepaid debit card as payment for a money order? Yes, they prder almost all forms of payment, including prepaid debit cards.
That depends. If the company you are ordering tto is closed during the holiday, you propably won’t get your delivery before the holiday is over, but you otder still be able to place the order during the holiday. Not Helpful 1 Helpful 1. Not Helpful 6 Helpful 2. It depends on the institution.
Most do it for free, such as the post office, while others charge a fee. Not Helpful 4 Helpful 1. Unanswered Questions. Are gift money orders different from payment money orders? Answer this question Flag as Flag as Where does the person receiving the money order get it cashed if they don’t have a bank?
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That’s why I recommend finding the one nearest you. What Is a Money Order? Here are a few situations where you might use a money order:. Cost to make money order money order is a small piece of paper similar to a check that allows the person named to receive a specified amount of cash. Here are five examples where money orders are the best payment method:. Reasonable efforts are made to present accurate info, however all information is presented without warranty. They only accept cash as payment. Click here to expand for more banks Read Review. Back to top. Otherwise, the best places to cash a money order is at a bank. Depends on the provider. Need to get a money order but don’t know where to get one, how they work, or how much it’ll cost you? Not every K-Mart sells money orders, you need to call and find out if your particular location offers. About Latest Posts. In most cases, you want to find the places nearest you to buy it because the prices are so very similar. Rite Aid doesn’t cash money orders. In most instances, the best place will be the closest one since the fees are often less than a couple dollars.
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