How Much Do Postal Money Orders Cost?

by | Last updated on January 24, 2024

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Dollar Amount Fee $0.01 to $500.00 $1.45 $500.01 to $1,000.00 $1.95 Postal Military Money Orders (issued by military facilities) $0.50

Does the postal service sell money orders?

The United States Postal Service does sell money orders, both domestic and international . Domestic money orders cost $1.45 to $1.95, depending on the amount, while international money orders cost $10.50, plus a country-based processing fee.

How do I get a postal money order?

  1. Go to a US Postal Service branch to buy your money order.
  2. Fill out the money order.
  3. Pay for the order with either cash, debit card, or traveler’s check.
  4. Either deliver the money order to the recipient in person or mail it to an address where they can receive it.

What’s the difference between a money order and a cashier’s check?

Money orders are typically offered in smaller amounts, can be bought at many different locations and cost just a few dollars. Cashier’s checks, on the other hand, are often issued in large amounts, can be purchased from your bank and cost a little more to get.

What is the maximum amount of a postal money order?

The maximum amount of any single money order is $1,000 . b. Without exception, no customer may buy money orders on any 1 day whose total value exceeds $10,000. This daily limit applies regardless of the number of visits made by a customer to one or more postal facilities.

Does a postal money order need to be signed?

One required field on any money order is an indication of the sender. On most money orders, it’s your signature that’s requested, just as you sign a check. But on USPS money orders, the blank is only labeled “From.” Whether you write or sign your name is up to you .

How much is a money order at Publix?

Further, Publix only sells money orders and doesn’t cash the money orders. You can get a money order during regular business hours at the customer service desk, and there is an $. 89 to $. 99 fee for a money order.

How much is a money order at Walmart?

How much does a Walmart money order cost? While the exact charge varies by store, it’s no more than $1 at your local Walmart, and that’s a very competitive fee. The U.S. Postal Service, by comparison, charges $1.45 for money orders up to $500, and $1.95 for money orders between $500 and $1,000.

Can I buy a money order at CVS?

CVS issues money orders at their over 9,900 locations . CVS uses MoneyGram money orders, a provider of money transfers and payment services. CVS sells money orders for $1.25 with a maximum amount per money order of $500.

Do you fill out a money order?

To fill out any money order — including a MoneyGram money order, a Western Union money order or a Chase money order — follow five simple steps: Fill in the recipient’s name. Write your address in the purchaser section. Include your account number if you’re paying a bill.

Can I buy money order with a debit card?

You can use cash or a debit card to buy money orders at the post office, Walmart, Western Union and your bank or credit union .

Are postal money orders traceable?

A money order is not a check, and it’s harder to trace one ; keep your receipt until you are sure the order has been received and cashed.

Which is safer money order or cashier’s check?

Cashier’s Checks are Safer to Use

Cashier’s checks are generally considered more secure than money orders. Although there are check scams involving fake cashier’s checks and money orders, a cashier’s check has more security features than a typical money order.

Do money orders expire?

money orders do not expire and retain their value indefinitely. As long as there are post offices, you can cash a U.S.P.S. money order. Please note that it’s always possible that Western Union or U.S.P.S. have changed their rules.

Are postal money orders reported to the IRS?

Money orders and cashier’s checks under $10,000, when used in combination with other forms of cash for a single transaction that exceeds $10,000, are defined as cash for Form 8300 reporting purposes .

Can I get a money order for 5000?

Money orders are relatively inexpensive, making them a good choice for smaller transactions. The U.S. Postal Service charges $1.30 for money orders up to $500 , and $1.75 from $500.01 up to $1,000. If you have a bank account, your bank may not charge you for cashier’s checks or you may pay less than non-customers.

How much cash deposit is suspicious?

Under the Bank Secrecy Act, banks and other financial institutions must report cash deposits greater than $10,000 . But since many criminals are aware of that requirement, banks also are supposed to report any suspicious transactions, including deposit patterns below $10,000.

Can you send cash in the mail?

The Postal Service does not prohibit sending cash in the mail and reminds customers about the options they have. It is advisable to send money via a personal or certified check or money order, as these are traceable and a stop payment can be put on a check if it doesn’t arrive at its destination.

Do Walmart cash money orders?

Walmart will cash MoneyGram money orders . Check Cashing fees may apply. For purchases over $1,000 a valid government-issued photo ID is required. Buy money orders from a Walmart store in the amount needed.

Can you buy a money order with a credit card?

In most cases, you’ll need to buy a money order with cash or a debit card. Because issuers want the money in hand before they issue the money order, you cannot pay with a personal check. The only places that let you buy a money order with a credit card are 7-Eleven stores and Western Union .

Does Target do money orders?

Unfortunately, Target does not sell or cash money orders as of 2022 . You can instead do money orders at stores like Kroger, Walmart, and Safeway, and agencies such as MoneyGram or Western Union. These cost between $1-$5 with only cash, debit cards, and credit cards accepted for payment.

Who has the cheapest money orders?

Money orders usually cost less. Walmart has some of the best prices for money orders, charging a maximum of 88 cents for amounts up to $1,000 with valid government-issued photo ID. The U.S. Postal Service charges from $1.25 to $1.76, depending on the amount. Banks often charge around $5.

How much does a money order cost at Kroger?

When to use a money order

A cashier’s check usually costs up to $10 to use. But with your Shopper’s Card at Kroger Family of Stores, money order fees typically start at just $0.69 [1]. While there is a limit on the amount you can put on each money order, there is the option to purchase more than one.

Can I get a money order at Walgreens?

Does Walgreens Sell Money Orders? No, Walgreens does not sell money orders . It does, however, sell money transfers via Western Union.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.