Money orders are a convenient way to pay for something with secure, guaranteed funds. They are popular as a way to pay bills like rent or to send money to friends and family. Here are some of the best places to get a money order:
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Post office: With over 30,000 locations nationwide, there’s likely a branch near you. If you need to mail your money order, getting one from the post office is super convenient.
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Banks and credit unions: 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. Getting your money order from the bank means that your bank can deduct the funds directly from your account.
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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.
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Money transfer agencies: You can also get money orders from money transfer agencies such as Western Union or MoneyGram. Western Union is a popular option for money orders. As with most money order providers, Western Union representatives confirm caps of $1,000 on money orders. MoneyGram has 26,000 locations where you can buy a money order.
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Check-cashing stores: Check-cashing stores like ACE Cash Express and Amscot also sell money orders. However, the fees may not be published online, and representatives may not provide that information over the phone, citing the firm’s policy.
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Regional stores: Regional stores like Publix also sell money orders. However, their charges are a little higher than some of the other sellers’ mentioned, and each money order will cost you 85 cents. They use Western Union money orders, and there is a $500 limit. Also, if you’re looking to cash money orders, Publix doesn’t offer this service.
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Online: Some banks and financial institutions allow you to purchase money orders online and have them mailed to you.
Its important to note that fees for money orders can vary depending on the location and provider. Its always a good idea to compare fees before purchasing a money order.
