![]() While fees are based on location, you can expect to pay anywhere from 1% to 3% of the total money order amount. 7-Eleven is a popular place to get a money order from MoneyGram and Western Union. Since there are over 8,500 locations across the U.S. Now that you know what money orders are, how they work, and why they’re beneficial, here’s a list of the top places to get money orders. Note that you probably won’t be able to use a credit card or check due to the risk of bouncing or a chargeback with your credit card issuer. Then, you’ll pay for your money order with cash or a debit card. Once you step foot into a store that offers money order, be prepared to complete a short form. Before you go through the process, however, make sure you know who you’re paying and how much you’d like to pay them. Money orders, however, are safe alternatives as you’ll need to specify the recipient’s names on them.įortunately, it is easy to buy a money order. Reduced risk of theft: It can be risky to send money to others via cash.With a money order, you can maintain your privacy as there are minimal personal details and no bank account information on it. Privacy: Sometimes, you may have to pay someone you don’t really know or trust.In the event it’s lost or stolen, you can easily cancel or replace it. Traceable: As soon as you buy a money order, you’ll receive a receipt.There are many companies that offer them so you should have no issues getting one in your neighborhood market. Convenient: You can purchase a money order at grocery stores, even if you don’t have a bank account.Guaranteed funds: When a money order gets issued by a retail store or other company, you’ll need to use cash or have the money taken out of your bank account directly.The most noteworthy advantages of money orders include: ![]() For example, buying a used vehicle from a private party or sending money to a loved one abroad via mail. Money orders come with a variety of benefits that make them a suitable option in certain situations. Money orders are usually available at any participating Western Union location or MoneyGram location. In most cases, you’ll pay a fee for producing the money order as well as the issued amount. You won’t be able to use a money order until you’ve actually paid for it with cash or debit cards. But a money order is prepaid while a check is not. What is a money order?Ī money order works a lot like a check in that it’s a document you can use for making payments. But where can you get a money order? Here’s our list of the best places to get money orders in 2023. Whether you use them to make a purchase, pay bills, or transfer funds, they’re fast and easy to get. ![]() Even though they’re not as popular as they were in the past, money orders are a great alternative to cash and checks.
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