Need to send money securely but don’t have a checking account? A money order might be the perfect solution. This guide will tell you where to get a money order and answer common questions about using them.
Common Locations to Purchase Money Orders
Money orders are readily available at various locations across the United States, making them a convenient option for sending funds. Here are some of the most common places where you can obtain a money order:
Post Offices
The United States Postal Service (USPS) is a reliable source for money orders. You can purchase them at any Post Office location nationwide.
Retail Stores
Many major retailers, including Walmart, CVS, Walgreens, and Kroger, offer money order services. Availability may vary by location, so it’s always a good idea to call ahead and confirm.
Banks and Credit Unions
Most banks and credit unions sell money orders, although they may charge a fee for this service, especially to non-members. Check with your local branch for their specific policies and fees.
Check Cashing Stores
Check cashing stores often provide money order services as well. However, they typically charge higher fees compared to other options.
Using a Money Order: What You Need to Know
Once you’ve purchased a money order, here’s a quick guide on how to use it:
- Fill it out completely: Clearly write the recipient’s name and your information in the designated fields. Never leave the recipient name blank.
- Keep your receipt: The receipt serves as proof of purchase and is essential for tracking or replacing a lost or stolen money order.
- Cashing a Money Order: Money orders can be cashed at post offices, banks, and some retail locations. The recipient will likely need to present a valid photo ID.
Replacing a Lost or Stolen Money Order
While you cannot stop payment on a money order, you can usually replace a lost or stolen one. Contact the issuer (USPS, a specific retail store, etc.) for their replacement process and fees. This often involves providing your receipt and completing a form.
Understanding Money Order Limits and Fees
Money orders typically have a maximum dollar amount. Fees for purchasing money orders vary depending on the location and the amount of the money order. Be sure to inquire about the fees beforehand.
Choosing the Best Place for Your Money Order
When deciding where to get a money order, consider factors like convenience, fees, and opening hours. For instance, the Post Office offers a consistent fee structure nationwide, while retail stores may have varying fees. If you need a money order outside of regular banking hours, a 24-hour retail location might be the best option. Comparing fees and accessibility will help you find the most cost-effective and convenient solution for your needs.
