- What Is a Walmart Money Order?
- A Walmart money order essentially is a prepaid check or bank certificate.
- To get a money order, you pay the amount that you need to send at Walmart, plus a small fee.
- Then you’ll be issued the money order, which you will fill in to include your name and that of the recipient.
Then, How much does a money order cost at Walmart? The Walmart money order generally costs $1 or less, mostly a $0.88 fee per money order.
however, Do you need cash for a money order?
You can send up to $1,000 in a single order anywhere in the United States. Go to any Post Office location. Take cash, a debit card, or a traveler’s check. You cannot pay with a credit card.
What’s the limit on a money order? Money orders are typically capped at $1,000. Some places may limit them to smaller amounts. If you need to purchase multiple money orders to get around the limit, you may be better off getting one cashier’s check for the full amount.
Yet, How much does it cost to get a money order? Money orders usually cost less. Walmart has some of the best prices for money orders, charging a maximum of 88 cents for amounts up to $1,000 with valid government-issued photo ID. The U.S. Postal Service charges from $1.25 to $1.76, depending on the amount. Banks often charge around $5.
Who has the cheapest money order?
Money orders usually cost less. Walmart has some of the best prices for money orders, charging a maximum of 88 cents for amounts up to $1,000 with valid government-issued photo ID. The U.S. Postal Service charges from $1.25 to $1.76, depending on the amount. Banks often charge around $5.
What do I need for a money order?
Generally, if you’re sending a money order, the required information you’ll need is:
- Name of payee (i.e., the person who is being paid)
- Payee’s address.
- Payment amount.
- Your name and address.
- What the payment is for and/or the billing account number.
Can I buy a money order 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 Walmart money order cost?
The Walmart money order generally costs $1 or less, mostly a $0.88 fee per money order.
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.
Do money orders get reported to IRS?
When a customer uses currency of more than $10,000 to purchase a monetary instrument, the financial institution issuing the cashier’s check, bank draft, traveler’s check or money order is required to report the transaction by filing the FinCEN Currency Transaction Report (CTR).
What information is needed for a money order?
Generally, if you’re sending a money order, the required information you’ll need is:
- Name of payee (i.e., the person who is being paid)
- Payee’s address.
- Payment amount.
- Your name and address.
- What the payment is for and/or the billing account number.
How long does a money order take?
How long does a USPS money order take? In general, money orders should arrive to the recipient in a couple of days. However, during weekends or holidays this might take longer. For this reason, make sure to wait at least 14 days before expecting some issue with the money order.
