Money Orders at Walmart: Cost, Limit, Hours, Payment Options, etc
Some merchants will allow you to purchase money orders with a debit card, but only when you use a PIN. In a pinch, you can use your credit card to withdraw cash from the ATM and then purchase the money order. You’ll pay the same fees and interest, but you’ll have flexibility in purchase the money order.
Can You Buy a Money Order with A Debit Card?
You purchase a money order with cash or another guaranteed form of payment, such as a traveler’s check or debit card. If they don’t, consider another location or use Restaurant Cash Flow Management an alternate payment method. Rather than doing a cash advance with your credit card, consider a paycheck advance app that allows you early access to your paycheck to fund your money order. Apps like Earnin, Chime, Brigit, Dave and MoneyLion offer early access to funds at potentially less cost than a credit card cash advance. Money orders are already expensive, but a money order paid for using your credit card can really hurt your pocketbook.
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Money orders are a popular method for securely sending money, whether it’s for paying bills, making purchases, or sending funds to family and friends. While cash or a traditional debit card are often used to purchase money orders, you may be wondering if it’s possible to buy them with a credit card. Even if a credit card is accepted, your card issuer could consider it a type of cash advance.
Convenience Stores and Retailers:
- Treat it as you would treat cash and avoid displaying it openly or leaving it unattended.
- Using a credit card to purchase money orders may allow you to earn rewards or take advantage of special benefits offered by your credit card company.
- It serves as a guaranteed form of payment, functioning similarly to a check but with added security.
- You technically can’t send a money order online, but you can accomplish the same thing with an online money transfer.
- If you opt to do a cash advance to pay for the money order, the cost can be higher.
- Once you have the cash, you’ll be able to pay for the money order.
The information, including card rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the bank’s website for the most current information. You’ll have to check with your local post office to make sure it sells money orders. Plus, anyone who has visited a post office knows that lines can sometimes get long, so you might have to wait to buy your money order.
For example, money orders are a safer option than cash or checks if you’re mailing money. They work much in the same way as personal checks do in that the only person who can use it is the person you write it out to. Although credit cards, checks, and apps like PayPal and Zelle are widely used as payment methods, there are how is sales tax calculated some times that it might be best to use a money order instead.
● United State Postal Services
Depending on what your regular purchase APR is, you could end up paying much more when buying a money order with your credit card. When you use a personal check, the funds are guaranteed only if there’s enough money in your bank account to cover them. As a result, many merchants don’t accept personal checks for goods and services. Money orders require payment up front, so there’s no question whether it will bounce. Like money orders, cashier’s checks are another secure form of payment. They’re issued by banks and are available for higher limits than you’ll get with a money order.
Review your credit card policies to see if any rewards or benefits apply to money order transactions. Money orders provide a secure method of payment as they are prepaid and guaranteed by the issuer. Unlike cash, money orders can be replaced if lost or stolen, providing peace of mind for both the sender and recipient.
If you’re purchasing a money order to pay bills, check with the biller to see whether you can pay them directly with a credit card. You may have to pay a convenience fee, but it will likely be much less expensive than using your credit card to buy a money order. Be aware that although some retailers like Walmart might be open 24 hours a day, the money center within that retailer may operate under limited hours. Contact the merchant or retailer to confirm that their money order services are still open, especially if you need to purchase a money order after standard business hours. A money order is a certificate similar to a check that allows the recipient to receive an immediate cash payment from a bank or other financial institution. It’s printed with both the payee’s name and the issuing financial institution’s name, making it difficult for anyone other than the payee to cash.
Even in today’s era of digital payments and mobile apps that transfer money instantly, money orders are still used and issued by most banks, some retailers, and the U.S. You may not be able to buy a money order with a credit card, but you may be able to obtain one using a cash advance or another form of payment. what is a purchase order In this article, we’ll uncover how money orders work and show you how you can go about obtaining one.
