A check or cash isn't always a sufficient method for paying a bill or submitting payment for a purchase. However, money orders are widely accepted when cash or checks are not. If you don't have a checking account, a money order also can substitute as a check when paying bills or creditors. Here are some recommendations about how to pay for a money order.
Community Dashboard Random Article About Us Categories Recent Changes. Write an Article Request a New Article Answer a Request More Ideas Cash is the most widely accepted form of payment for a money order. You can go to any money order provider and purchase a money order with cash. You simply pay for the amount of the money order plus a fee. You can also pay with a debit card linked to your bank account.
You cannot pay for a money order with a personal check. Checks can take a few days to process. You will have to pay for the amount of the money order plus a fee based on the money order amount. Purchase a money order with a credit card. Some money order issuers allow you to use a credit card, but not all. You can use a credit card to purchase a money order at Western Union and 7-Eleven.
It is expensive to buy a money order with a credit card. Your card issuer will likely view it like a cash advance. This means they will charge you the higher interest rates and fees associated with cash advances.
Pay with a PIN-enabled Visa or MasterCard gift card. You can pay with one of these cards at Western Union, Walmart, the post office and 7-Eleven. However, doing so is often linked with suspicious activity. For example, some people purchase these pre-paid cards and then immediately liquidate them in order to take advantage of any available rewards the cards offer.
Then they deposit the money orders into their bank accounts and use the money to pay their bills. But depositing lots of money orders into your bank account looks like money laundering, and your bank can close your account for doing so. Purchase a money order remotely. Some companies now allow you to purchase and send a money order online. For example, you can purchase a money order online with Payko and pay with your PayPal account, which is linked to a credit card or bank account.
A quick guide to purchasing a Walmart money order | MightyTravels
This method is not as fast as other online bank transfers. Instead of an instantaneous transfer of funds from one account to another, a physical money order is printed out and mailed to the recipient. This can take several days. You can contact a remittance service like Western Union and request an electronic transfer how to make almond cashew butter funds over the phone.
You can pay with a credit or debit card. However, a physical money order is not printed out in this case. Purchase a money order from the bank.
Can You Buy a Money Order with a Credit Card? - omotohu.web.fc2.com
In general, banks charge the highest fees for money orders. Every bank charges a different amount. Go to the post office. This is not the least expensive fee for earn money uploading files download orders.
However, people will be less likely to question the legitimacy of a money order from the U. It is a widely-recognized, well-respected issuer of money orders.
Finally, it is convenient if you need to send the money order to someone, because you can purchase the money order and mail it all in one transaction. Use a remittance service provider. Remittance service providers are places where you can electronically transfer money. Examples include Western Union, MoneyGram and Walmart. At Western Union and MoneyGram, the fees for money orders vary from branch to branch. Pay for online money orders. Payko is a company that allows you to purchase money orders online.
However, their fees are best forex pairs to trade nial fuller higher than purchasing a money order in person.How to Pay for a Money Order
On top of that, you will can you pay for a money order with a credit card at walmart to pay a fee of 5. Finally, you have to pay for postage to send the money order to the recipient. So if you need more money than that, you must purchase multiple money orders.
This means that you also pay multiple fees. Evaluate alternatives to money orders.
Money orders are inexpensive and expedient. But, they attract scammers, and some places do not accept them as a form of payment. Also, since you have to go in person to purchase a money orders, they may not be as convenient as other forms of payment.
They give you the convenience of a credit card without the risk of running up a huge debt. Compare the fees for a money order with other forms of payment. Money orders are inexpensive.
However, sometimes people choose to pay higher fees for other forms of payment. This can be for security reasons or for convenience. Compare the security features. Money orders are sometimes seen as a disreputable form of payment. Someone can steal a money order and put their own name as the recipient.
Also, many scammers try to use counterfeit money orders. Can I transfer money without a physical credit card if I know the information? Not Helpful 0 Helpful 1. The choice in method of sending money by phone would be dictated by where you are sending the money and how you would expect the money to be picked up.
If you are sending it to another person and they have access to a bank, you can send a wire to the recipient's bank and they would be able to access the cash at an ATM with their ATM card.
If this person doesn't have access to a bank you can try to do a MoneyGram or a Western Union, but the person will need a picture ID and you will need the person's exact name, city, state, and country. Not Helpful 0 Helpful 0. Can I purchase a money order with a prepaid Visa card?
Can I use a credit card to purchase a cashiers check? In a roundabout way, yes. You would have to go to your bank and request a cash advance from your credit card.
This cash would be deposited in your account, and the bank would issue a cashiers check.
Only do this in an emergency situation, and pay the balance off immediately. How can I cash a moneygram money order if payee isn't filled out? With the sender's express permission, you can write your name into the payee section. However, if you do not have their permission, you are not the originally intended recipient of these funds, or the order is flagged as being lost or stolen and you write your name in and deposit the money order, it is the federal crime of fraud.
Can I buy a money order with an American Express? This would depend on who you are purchasing from. If you are buying it in person, changes are they will request cash, however American Express does have different allowances with some of their vendors. They may only allow a traveler's check, however many places will no longer accept them because of fraud potential.
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3 Ways to Pay for a Money Order - wikiHow