Where To Get A Money Order Bankrate Caret RightMain Menu Mortgage Mortgages Financing a home purchase Refinancing your existing loan Finding the right lender Additional Resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Bank Banking Compare Accounts Use calculators Get advice Bank reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Credit Card Credit cards Compare by category Compare by credit needed Compare by issuer Get advice Looking for the perfect credit card? Narrow your search with CardMatch Caret RightMain Menu Loan Loans Personal Loans Student Loans Auto Loans Loan calculators Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Invest Investing Best of Brokerages and robo-advisors Learn the basics Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Home Equity Home equity Get the best rates Lender reviews Use calculators Knowledge base Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Loan Home Improvement Real estate Selling a home Buying a home Finding the right agent Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Insurance Insurance Car insurance Homeowners insurance Other insurance Company reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Retirement Retirement Retirement plans & accounts Learn the basics Retirement calculators Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Advertiser Disclosure
Advertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. SHARE: @evmsk/Twenty20 November 19, 2020 TJ Porter is a contributing writer for Bankrate. TJ writes about a range of subjects, from to . Bankrate logo The Bankrate promise
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money. Bankrate logo The Bankrate promise
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we’re putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our banking reporters and editors focus on the points consumers care about most — the best banks, latest rates, different types of accounts, money-saving tips and more — so you can feel confident as you’re managing your money. Bankrate logo Editorial integrity
Bankrate follows a strict , so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Here is a list of our . Key Principles
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers. Editorial Independence
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Bankrate logo How we make money
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Money orders can be a convenient way to pay for something with secure, guaranteed funds. They’re popular as a way to pay bills like rent or as a way to send money to friends and family. You can get a money order from many places, including stores dedicated to financial services, your bank or credit union, grocery stores and the post office. Your bank or credit union
If you have an account at a local bank or credit union, the best place for you to get a money order is likely with your financial institution. Most institutions will charge a small fee to sell you a money order. However, you may be able to convince the bank to waive the fee depending on your relationship with the institution. Getting your money order from the bank means that your bank can deduct the funds directly from your account. You don’t have to carry large sums of cash to another location to purchase the money order. Retail stores
Retail stores are also a popular place to purchase money orders. There are stores dedicated to offering financial services, like check cashing and money orders, that you can visit. For example, Western Union is a well-known company that offers money orders and other financial services. Many grocery stores also let customers buy money orders. Typically, you’ll have to visit the customer service section to purchase one. Anthony Kirlew, a financial coach at Fiscally Sound, says that grocery stores are one of the best places to get money orders. “Most — if not all — require you to pay cash for them so you can do a cash back transaction at the window, which saves time and keeps the transaction secure,” Kirlew says. “They also offer very reasonable pricing.” Big box stores like Walmart and Target also frequently sell money orders. Again, you’ll probably have to visit the customer service desk to buy one. Post office
The United States Postal Service has a to Americans. Between 1911 and 1967, the U.S. Postal Savings System helped Americans save money and, at its peak, held almost $3.4 billion in deposits. Today, USPS money orders are popular for their low cost and their reputation for safety. However, not all post offices sell money orders anymore. 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. How much does it cost to buy a money order
The price of a money order varies based on where you’re buying the money order and the amount of the money order. Generally, larger money orders will cost more. For example, the USPS charges: $1.25 for money orders ranging from $0.01 to $500 $1.75 for money orders between $500.01 and $1,000 At Walmart, you will pay no more than $0.88 for your money order. At Wells Fargo, you will pay $5 to purchase a money order in any amount up to $1,000. The bank waives the fee for some accounts. Why use a money order
There are several reasons why using a money order can be a good idea. 1. Guaranteed money. “First and foremost, they are guaranteed money,” says Austin Weyenberg, founder of the personal finance blog The Logic of Money. “They are essentially prepaid checks so there is no concern around whether or not the check will bounce. “This makes money orders a great option for people who regularly sell things through Facebook Marketplace or Craigslist. If you are paid with a money order, you do not need to worry that you won’t actually receive payment.” 2. Keeps your financial information private. Money orders are also a good way to keep your financial information private. If you want to send money to a friend or family member, you can use a money order so you don’t have to provide banking details like account numbers or routing numbers. “You can send money through money orders securely across the country without sharing your bank details with anyone,” says Anika Jindal, a financial blogger. “Money orders are made to the order of a particular person so this reduces the chances of someone else cashing them out.” 3. No bank account required. Even if you don’t have a bank account, you can still use a money order to send money to someone. Learn more
SHARE: TJ Porter is a contributing writer for Bankrate. TJ writes about a range of subjects, from to . Related Articles