How to Know if You Owe a Bank Money
Money Gild Near Me: 10 Places To Get One, With Fees and Locations
- What Is a Money Social club
- Where Can Y'all Get a Money Order?
- Banks or Credit Union
- Western Union
- United states Postal Service
- vii-11
- CVS Chemist's
- Kmart
- Kroger
- Meijer
- Publix
- Walmart
- Security Tips
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Personal checks sometimes take a day or two to clear, so not everyone volition accept i out of fright that the check might bounce. In those instances, you lot'll need either a money order or a cashier's check. Typically, money orders are for amounts less than $1,000, and cashier'southward checks are recommended for anything higher.
What Is a Money Guild?
A money club is a paper document that carries a monetary value. Money orders function similarly to personal checks, but they are not fastened to your banking company account. They are written to a payee and are prepaid so the payee has a guarantee that the necessary funds are bachelor. Money orders often have a monetary cap, such as $500 or $1,000.
Here'southward an case of how a money gild might expect:
When Do You lot Need a Money Club?
You need a money guild when:
- You need a funds-guaranteed way to pay someone
- You lot owe someone a payment merely don't want to be walking around with cash
- You need or want to be able to write a check without revealing your bank account information
- A check is required to pay a bill, only you don't take a bank business relationship
Yous might use a money order to:
- Pay anyone who needs balls of your power to pay
- Pay a bill, similar rent
- Pay movers
- Pay someone for a piece of art or furniture without carrying cash
- Make a large purchase without putting it on a credit menu
- Send coin to someone in a correctional facility
Where Can You Get a Money Gild?
Many retailers offering money orders, merely most of them have ane of 2 companies powering the transaction — Western Marriage or MoneyGram. Both companies have their ain retail locations likewise, so you can go directly to them if you lot'd prefer.
You can request a coin order in any of these locations:
i. Any Bank or Credit Union
You may pay a fee, typically effectually $five, merely you should be able to walk into a local bank or credit marriage co-operative and asking a coin club. You should not need to take an account at the depository financial institution or credit union to do this.
2. Western Union or MoneyGram Locations
Both Western Union and MoneyGram are financial service providers. Both accept retail locations and can provide you with coin orders besides as other ways to move coin. You can find a location nearly yous by using the locators at the Western Union and MoneyGram websites.
Their services are also available at retailers you probable frequent oftentimes (more than on that below).
3. Us Mail
Head to any post office with your greenbacks, debit card or traveler's check. Y'all will not be able to pay for a money order past charging it to a credit bill of fare. Y'all'll pay a processing fee of $ane.45 for amounts ranging from 1 cent to $500 and $1.95 for amounts ranging from $500.01 to $1,000.
You tin also become a coin order at many retail locations y'all visit on a regular basis, such every bit whatsoever of the following options.
4. 7-Eleven
The majority of 7-Eleven'south locations are in the U.S. Availability and fees differ between locations.
Limit: $500
Fee: Varies by location, ranging from ane% to 3% of the money club value
Provider: Western Union
5. CVS Chemist's shop
CVS owns and operates thousands of drugstores across the U.South. Cash is the only form of payment accepted for a coin order at CVS, and you must have a valid ID with y'all.
Limit: $500 per coin order; $2,500 maximum per twenty-four hours
Fee: $1.25
Provider: MoneyGram
6. Kmart
Although Kmart has been closing stores over the by year, it does still own and operate some brick-and-mortar stores. If there'southward a Kmart location nigh yous, call get-go to see if the shop will consequence a money social club. You tin pay for a money order via greenbacks or debit card, with no boosted fee for debit card use.
Limit: $500
Fee: $1.50
Provider: Western Union
7. Kroger
With near 3,000 supermarkets spread across the U.Southward., Kroger is accessible for many — merely non every Kroger shop will event money orders. For those that exercise, fees and limits vary by location. Yous tin also cash coin orders at participating Kroger locations, only fees volition employ.
Limit: Typically $one,000, but limits may vary by location
Fee: 84 cents to 88 cents on boilerplate, but fees vary by location
Provider: Western Wedlock
eight. Meijer
A local option in certain states — Illinois, Indiana, Kentucky, Michigan, Ohio and Wisconsin — Meijer volition provide, but not cash, money orders. Yous tin pay for a money order via a debit card with no additional fee.
Limit: $500; $3,000 maximum per day
Fee: 65 cents
Provider: Western Union
ix. Publix
Publix operates approximately 1,300 locations beyond seven states: Alabama, Florida, Georgia, North Carolina, S Carolina, Tennessee and Virginia. Publix sells, merely will not greenbacks, money orders at all of its stores except for its GreenWise Market locations.
Limit: $500, with no daily maximum
Fee: 99 cents
Provider: Western Matrimony
ten. Walmart
Walmart has locations throughout the U.S. Yous tin can pay for a coin club at Walmart with cash or debit. There's a maximum fee of $i, with no additional fee for payment by debit carte. You can as well cash MoneyGram money orders if they were purchased at Walmart.
Limit: $ane,000 with a $1,000 daily maximum
Fee: Upward to $1; fees vary by location
Provider: MoneyGram
Security Tips
Although your money order will have a payee — making it harder for anyone else to cash it — y'all yet need to be aware that carrying a money order around is similar to carrying cash. Keep your money as secure as possible past following this guidance:
Precautions To Take
- Be mindful of your surroundings when y'all request a money order. If y'all feel uncomfortable, inquire for assistance in walking to your car.
- Fill the money order out completely before you lot exit the store — write clearly, preferably in black gel ink. Practice non leave whatever spaces blank.
- Keep your receipt. It contains a tracking number that you may want to look up if the money order is going to travel to the payee by postal service.
- If you're mailing the coin order, use a discreet envelope and alert your payee once it is in the mail to try and prevent anyone from intercepting it. Consider sending it via certified mail service.
Know Before You Go
There are plenty of places you tin can turn for a money order, but limits and fees vary by retailer and geographic location. Practice your inquiry in advance and know where you can go for a money club that meets your needs.
If you demand a money gild, y'all'll desire to be aware of the following:
- Y'all can buy more than one money order at a time. However, if you purchase more than than $3,000 in money orders in a single day, you lot'll demand to make full out a form and provide a government-issued photo ID.
- Stay alert for fraud. Scammers can pose every bit real companies that yous know and trust to solicit fee payments from you. They may too ship you a money order and ask for a portion of it back.
- For a military coin lodge, head to an APO/FPO/DPO location.
- You can send a money gild internationally, merely limits vary.
Lastly, remember that simply because you tin get a money gild doesn't hateful you lot'll be able to greenbacks information technology there. Make certain you accept a plan for both sides of the transaction if need be.
Cynthia Measom contributed to the reporting for this article.
Information is authentic as of Feb. 22, 2022.
Banks, ATMs and Other Services Nearby
Bank Branches
- Nearby banks
- Banking company of America
- BBVA
- Capital One
- Hunt
- Citibank
- Navy Federal Credit Spousal relationship
- PNC Bank
- Regions
- TD Bank
- U.S. Depository financial institution
- Wells Fargo
ATMs
- Nearby ATMs
- Bitcoin ATMs
- EcoATM locations
Other Services
- Coinstar
- Pawnshops
Source: https://www.gobankingrates.com/banking/checking-account/best-places-money-order/
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