![]() Walmart money orders are pretty cheap and convenient since you’ll probably be shopping their anyways. The 11 Best Places to Buy a Money Order 1. If you need more than that you’ll have to buy multiple money orders or use a cashier’s check.Īlso, be aware that some of the prices below can change depending on where you live. Important note: The largest money order you can purchase is $1,000. Fees currently range from $0.70 all the way up to $1.60. It completely depends on the store or business you buy the money order from. If a money order is lost or stolen, it can be easily cancelled and replaced (unlike cash). – Money Orders are Traceable – When you buy a money order you’re given a receipt with all the pertinent information on it to trace it (if needed). Plus, the number of establishments that will issue a money order has also grown substantially, more on that later. – Very Convenient – Anyone can get a money order no bank account required. The buyer doesn’t have to withdraw a large amount of cash, and the seller can avoid collecting payment via a personal check. This makes for a great way to collect payment on a used vehicle for example. To get a money order issued, you have to use cash or have the money taken directly out of your bank account making the funds “guaranteed”. ![]() ![]() – Guaranteed Funds – A money order is issued with NO bank information on it and is backed by a 3rd party issuer like Western Union or MoneyGram. I also breakdown what to do if you lose a money order and how to spot a fake one from a mile away.Ī money order is a great way to pay someone or have someone pay you. It’s with this in mind that I researched the 11 best places to buy a money order near you, as well as the costs associated with each. Maybe you don’t have a checking account, or perhaps you’re buying a used vehicle from a private party, whatever the case, you stand a great chance of needing to buy a money order from time to time. They’re a piece of paper similar to a check, but unlike a personal check, they’re considered guaranteed money. Dating back to the Civil War, money orders are a fast and secure way to pay an individual or business.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |