- 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.
Despite, How much does it cost for 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.
Following this, 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.
Why can’t you buy a money order with a credit card? They need to be paid for up front, and many issuers will not accept credit cards as a form of payment. Those that do accept cards treat a money order purchase as a cash advance—so you will likely incur higher fees and begin paying interest immediately.
Still, Can I get a money order with a credit card at Walmart? Western Union and 7-Eleven are often cited as places that allow customers to pay for a money order with a credit card, but we confirmed directly with both retailers that they only accept cash payments. Walmart, Moneygram and the U.S. Postal Service also do not let people use credit cards to purchase money orders.
How much is a money order at CVS?
CVS issues money orders at their over 9,900 locations. 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 is a money order at Walgreens?
Walgreens Money Transfer vs. the Competition
| Walgreens vs. Competition | ||
|---|---|---|
| Service | Fees | Maximums |
| Walgreens Money Transfer | $0.99 and up | $6,000, but only up to $300 if receiving a money transfer |
| MoneyGram | $5 and up | Approximately $10,000 per 30 days |
| United States Postal Service money orders | $1.45-$1.95 | $1,000 |
Jan 18, 2022
What is the money order limit at Walmart?
Walmart employees are not allowed to cash out money orders for customers. What is this? The customer is only allowed to buy $1,000 or less per day and $5,000 or less per month using Walmart Money Orders. The individual cannot purchase more than 5 money orders at once.
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.
Do you need cash for a money order at CVS?
Yes, you can buy a money order at CVS with a PIN-based debit card or cash. CVS stores have MoneyGram money orders which they sell for $1.25 each. However, you’re limited to a maximum amount of $500 per money order, and you’ll need to buy multiple if you need higher amounts.
Does Walgreens do money order?
No, Walgreens does not sell money orders. It does, however, sell money transfers via Western Union. The difference between a money order and a money transfer is negligible.
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.
Do you need ID for money orders?
Tips. Money orders require valid photo identification from both the sender of the order and the recipient.
Can a money order bounce?
Like checks, money orders are paper documents that allow for the purchaser to specify the payee and amount. On the other hand, they are prepaid, so they can function similarly to cash. There’s no risk of a money order bouncing, and if it’s lost or stolen, you can often receive a refund or cancel it.
