A cash order is a pre-paid check-like instrument you should use to pay payments or cowl an expense. You might want one if the corporate or particular person you need to pay doesn’t settle for bank cards or private checks. You might also need to use one in the event you’d wish to preserve your checking account data personal.
Thankfully, buying a cash order is an easy course of. We’ll present you the place to get a cash order, so that you don’t must hunt one down.
The place to get a cash order: 7 locations to seize one
Imagine it or not, a easy “money orders near me” net search will probably reveal a number of cash order distributors inside a brief distance from residence. From there, all it’s important to resolve is the place to get a cash order that matches your wants and evaluate prices.
1. The publish workplace
If you could mail your cash order, getting one from the publish workplace is tremendous handy. Plus, with over 30,000 areas nationwide, there’s probably a department close to you.
You should purchase publish workplace cash orders for as much as $1,000 every. You’ll pay a $2 processing charge for cash orders as much as $500. The cost will increase to $2.90 for cash orders over $500.
2. Comfort shops
You might be shocked to listen to that you may purchase a cash order on the identical place you fill your gasoline tank and seize a fast snack. Nicely-known comfort retailer chain 7-Eleven provides a number of monetary providers, together with cash orders, throughout 13,000 areas.
Nevertheless, you’ll be able to solely purchase cash orders for as much as $500 every. As well as, pricing varies by retailer. We known as a number of areas and have been quoted a charge starting from $1.39 to $2.99.
3. Test-cashing shops
Test-cashing shops usually supply extra providers than exchanging checks for {dollars}. They might additionally have the ability that will help you pay a invoice, get a mortgage, or buy a cash order.
For instance, ACE Money Specific sells cash orders and has over 850 areas throughout 23 states. Nevertheless, the corporate doesn’t publish its charges on-line, and representatives gained’t present that data over the cellphone, citing the agency’s coverage.
If you happen to stay in Florida, contemplate visiting Amscot, a check-cashing retailer that points cash orders without spending a dime.
4. Western Union
Western Union has roughly 45,000 brokers in the USA and Canada providing cash orders. You’ll be able to discover Western Union brokers in supermarkets, pharmacies, and check-cashing shops, together with Walmart, Kroger, and Safeway.
You should buy Western Union cash orders for as much as $1,000. The charge can range, relying on the place you purchase them.
You probably have any bother finishing your cash order, Kammi Cavalieri, chief of product administration at Western Union, says, “Our agents are trained. They’re always willing to help you fill out the money order.”
5. MoneyGram areas
You should purchase a MoneyGram cash order at 26,000 areas. Lisa White, head of go-to-market (GTM) technique at MoneyGram, says, “We found that the best places to purchase a [MoneyGram] money order are at either a convenience or a grocery store.”
Processing charges and face worth limits can range by location. It’s smart to contact the shop you intend to go to to acquire this data.
MoneyGram provides on-line help for its cash orders. For instance, you’ll be able to request a duplicate of your cash order in the event you want proof of fee. It’s also possible to request a alternative or refund if it hasn’t been cashed.
6. Your financial institution or credit score union
Your financial institution or credit score union could promote cash orders. Nevertheless, you’ll be able to usually anticipate to pay extra at considered one of these establishments than at different areas. For instance, Wells Fargo and Chase cost $5 per cash order.
Denise Toussaint, senior vp and regional relationship banking supervisor at Dawn Banks, believes the good thing about shopping for a cash order at a financial institution is the chance for monetary schooling. She says you’ll “have the opportunity to speak with someone, to build a relationship, to learn about other avenues [besides money orders] that can be of value.”
7. Walmart
Each Walmart Supercenter or Neighborhood Market sells cash orders, which implies you should purchase one on the identical time you choose up milk, rest room paper, pet food, or a brand new sweater. Simply go to the customer support desk or cash providers middle to make the acquisition in your method in or out of the shop.
Walmart cash order charges range by location. Nevertheless, you’ll by no means pay greater than a $1 processing cost.
Options to cash orders
A cash order may help you ship cash to a different particular person or an organization. Nevertheless, it might not all the time be your only option. A couple of alternate options to cash orders to think about embrace:
- Private verify. Writing a verify is fast and simple when you have a checking account.
- Cashier’s or licensed verify. If the payee (recipient of the funds) wants a assured type of fee, you may get a cashier’s verify or licensed verify. With a cashier’s verify, you pay the financial institution, and the financial institution points the verify from the establishment’s account. The cash comes out of your account with a licensed verify, however the financial institution certifies that the verify will clear when the recipient goes to money it.
- Digital switch. Our society is steadily going from paper to digital. You’ll be able to transfer cash from one financial institution to a different electronically in a number of methods, together with cellular apps or wire transfers.
The takeaway
The subsequent (or first) time you want a cash order, you’ve got a number of choices. Deciding the place to get a cash order in the end comes all the way down to comfort and value. Going to the closest vendor could make sense in the event you’re in a time crunch.
Nevertheless, chances are you’ll need to store round for one of the best deal in the event you’re on a good funds. White says that cash order pricing is “probably going to be lowest in areas where there’s a lot of competition.”
