where can you cash a money order

where can you cash a money order

1 month ago 24
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You can cash a money order at several types of locations:

  • The place where the money order was purchased or issued : For example, if it was bought at Walmart, you can cash it at Walmart; if it was from USPS, go to a post office
  • Banks and credit unions : If you have an account, these institutions often cash money orders without fees. Even if you don't have an account, many banks and credit unions will cash them, though fees may apply
  • Post offices : Especially for USPS money orders, post offices will cash them, often without charging a fee
  • Money transfer services : Locations like Western Union and MoneyGram both sell and cash money orders. However, not all Western Union locations cash money orders, so it's best to call ahead
  • Check-cashing stores and some retail stores : These may cash money orders but usually charge a fee. Some grocery stores and convenience stores with money transfer counters also provide this service

When cashing a money order, you will need to:

  • Present a valid government-issued photo ID (driver’s license, passport, etc.)
  • Endorse (sign) the money order at the counter, not before
  • Be prepared to pay a fee unless you cash it at the issuing location or your own bank/credit union

Cashing the money order promptly is advisable to avoid loss, damage, or cancellation by the sender

. In summary, the best places to cash a money order are the issuing location, your bank or credit union, or a post office for USPS money orders, as these options often minimize or eliminate fees. Other retail or check-cashing outlets are alternatives but may charge fees

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