Question: Is There A Fee For A Money Order?

Who has free money orders?

Where to Get Free Money OrdersThe deal: You can order an unlimited number of money orders at zero cost with Amscot.

Requirements: A government-issued photo ID.Maximum money order amount: Varies by store.Locations: Find the nearest Amscot using the Amscot store locator.More details: Free money orders from Amscot page.Sep 29, 2018.

Is a money order the same as cash?

A money order is essentially a prepaid piece of paper, similar to a check, that you get in exchange for cash. You can use them to send people money, and recipients can easily deposit them into their bank accounts. … A cashier’s check is similar to a money order, but is issued by a bank and requires a bank account.

Do you have to pay for a money order?

When you purchase a money order, you have to pay for it with cash, a debit card or traveler’s checks. You generally can’t use a credit card or write a personal check. … Like cashier’s checks, you’ll pay a fee for a money order, but they’re inexpensive.

Do banks charge for money orders?

Most banks charge a fee for money orders, though they may waive the fee if you have certain types of accounts with them. When purchasing a money order, you’ll need the amount of the money order and the name of the payee.

Where is the cheapest place to get a money order?

The Cheapest Place to Get a Money Order (+ Other Low-Cost Options)Publix.Kroger.Walmart.Albertsons.Rite Aid.Circle K.U.S. Postal Service.CVS.More items…•Apr 20, 2020

How much does a money order cost at Walmart?

Money Order LocationsLocationCostMaximumUSPS$1.25/$1.75$500/$1,000USPS International$10.25 + issuing fee of country (no Japan)$700Walmart88 cents (may vary by location)$1,000Western UnionMay vary by location$1,0007 more rows

Do money orders clear immediately?

The cashier’s check and money order cleared the fastest — the money was immediately available since both of them are considered guaranteed funds. … It’s also safer than a personal check.

How fast can I cash a money order?

A money order would need to be deposited before 10:00PM local time with a teller at a branch or at an ATM to count for that business day. The funds would be available for next business day withdrawals, and to pay checks and purchases that post to your account the next night.

How do I cash a money order?

How to Cash a Money OrderBring the payment to a location that cashes checks or money orders. Money orders are treated very much like checks. … Endorse the money order like you would a check. Sign your name on the back. … Show valid identification. … Pay any fees for the service. … Get your cash.

What banks offer free money orders?

Almost all banks and credit unions sell and cash money orders….Banks and Credit Unions.Fees and Limits for Money Orders at BanksBankFeesLimitChase$5; free for Chase Premier Plus, Chase Secure and Chase Sapphire checking accounts$1,000Wells FargoUp to $5$1,000Citibank$5 for Citi account holders$1,0002 more rows•Dec 21, 2020

How much can you get a money order for at the post office?

The single Domestic money order maximum is $1,000.00 if sending within the United States. For International money orders, the maximum amount varies by country, but cannot exceed $700.00. Multiple money orders may be purchased during the same visit (no daily limit).

How long does a money order take?

The cost is $18, and the process may take around 30 days. Again, it’s best if you keep your receipt when you buy a money order.

Can a money order be cashed immediately?

Bank. One of the easiest ways to receive your funds is to cash a money order at the bank. Consider cashing your money order at a bank where you already have an account so that you can securely deposit the funds immediately.

What information do I need for 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 the bottom where it says “purchaser’s signature.”Keep your receipt.

How much does a money order cost at CVS?

CVS uses MoneyGram money orders, a provider of money transfers and payment services. CVS sells money orders for $1.25 with a maximum amount per money order of $500.

How much does a money order cost at Circle K?

Circle K can be a quick, convenient place to buy a money order for a small fee of $0.99 to $1.29. Circle K only accepts cash as payment for money orders. Not all Circle K locations sell money orders, so contact your local store to confirm before heading to the store.

How much does it cost to get a money order?

Money Order FeesDollar AmountFee$0.01 to $500.00$1.30$500.01 to $1,000.00$1.75Postal Military Money Orders (issued by military facilities)$0.45

Can anyone cash a money order?

If someone receives a money order, they can generally cash it through the organization that issued it, through a check cashing or other retail store or deposit it at a bank.

How does a money order work at Walmart?

A Walmart money order is essentially a prepaid check or bank certificate. To get a money order, you pay the amount of the money order to the issuer, plus a small fee. Then you’ll be issued the money order, which will typically include the name of both the recipient and the issuer.

Do Walgreens do money orders?

No, Walgreens does not sell money orders. It does, however, sell money transfers via Western Union. … They are also both great ways to get and receive money when banks are closed. At Walgreens, you can send a money transfer of up to $6,000 and receive up to $300 per transaction.

Is there a limit on money orders?

The maximum amount of any single money order is $1,000. b. Without exception, no customer may buy money orders on any 1 day whose total value exceeds $10,000. This daily limit applies regardless of the number of visits made by a customer to one or more postal facilities.