Western Union ® money orders offer a reliable, convenient alternative to cash or a check. *For complete information, see the offer terms and conditions on the issuer or partner's website. Fees vary depending on the location issuing the money order; they're generally a few dollars at most. Postal Service, Walmart, and some Western Union agents. You can send a money order online through Payko and … SNAP and WIC benefits cannot be used to pay for the order amount. "Your Cardmember Agreement," Pages 2-3. Unlike a check, which can bounce, this makes it a guaranteed payment to the recipient and is why some people and businesses prefer to use them. The easiest way to find out whether you can purchase a money order with a credit card is to ask. Money Order Purchases Are Treated as Cash Advances, No Credit Card Rewards on Money Order Purchases, Finding a Merchant Who Accepts Credit Cards for Money Orders, Average Credit Card APR Was 20.24% in November 2020, This Is How You Can Travel for Free With Credit Card Rewards, 8 Surprising Things You Can't Buy With Your Credit Card, Tips for Getting a Cash Advance on Your Credit Card. Other money order providers, including Walmart, MoneyGram and the Postal Service, do not accept credit cards as a form of payment for money orders. Western Union ® money orders offer a reliable, convenient alternative to cash or a check. Buy a non-reloadable gift card as a perfect gift. You can buy a money order with a credit card as well as with a debit card, check or bank transfer. That includes Walmart and the United States Postal Services.  Western Union and 7-Eleven are currently two places that you can buy a money order with a credit card.. Opinions expressed here are author's alone, not those of any bank, credit card issuer or other company, and have not been reviewed, approved or otherwise endorsed by any of these entities. Experian does not support Internet Explorer versions 10.0 and below. These include the U.S. When sending money by mail, use money orders as a safe alternative to cash and personal checks. Fill out the money order at the counter with a retail associate. A PayPal debit card can be used to make purchases in-store or online, and you can use the card as well to withdraw money from an ATM. Should You Switch to a Credit Union Credit Card? However, if your question is of interest to a wide audience of consumers, the Experian team will include it in a future post. A money order is an alternative to checks or cash when you need to make a secure payment and can't or don't want to use your bank's online payment options or an online payment app such as Venmo or PayPal. But it should be a last resort because of fees and interest. No, the very purpose of a money order is that it's a secured method of payment, meaning the money is guaranteed. So don't freak out over mailing a few money orders. Be sure to check which gift cards are accepted before checking out. Visa Travel Card Features. In addition, credit card rewards are often not honored on specific types of purchases, such as buying a money order with your credit card. You should try to get your money back from the seller first. Since cash advance interest rates are higher than the rates for purchases the interest paid on a money order purchase higher than a regular purchase of the same amount. "When I Tried to Use My Credit Card to Get Cash From an ATM, I Could Not Do So Even Though I Know I Have Not Used All My Credit. Accessed April 7, 2020. Why Now Is the Time to Use Credit Card Cash Back Rewards, How to Dispute Fraud Charges on a Compromised Credit Card Account, 5 Questions to Ask Yourself Before Getting Your First Credit Card. Like cash advances, the money order purchases will have a high interest rate and no grace period. The absence of a grace period eliminates opportunity to avoid a finance charges as you could with regular purchases. You go up to the associate and tell them you want to buy a $1000 money order. Or you could purchase a money order with your debit card. Money orders do not expire. Although we don’t recommend using credit cards with money orders, a few cards are better choices than the rest. Accessed April 7, 2020. To shop online using your debit card, you'll need to input the … PNC Bank. Postal Service limits you to $10,000 worth of money orders per day. You must have a receipt if you want to cancel the money order or if it goes missing and you need to prove that you purchased it. The way I maximize this situation is I have some $200 gift cards I buy at Office Supply stores and some $500 gift cards I buy at other places. Eric Estevez is financial professional for a large multinational corporation. For example, the U.S. Credit card generator Home A tool for creating fake balanced credit card numbers & BIN Codes Version 2021 Credit Card Generator With Money Database updated at 2021-01-15. Know Where to Get A Money Order When You Need One. Consumer Financial Protection Bureau. You'll be charged more interest on a cash advance than you would for a regular purchase—sometimes a lot more. If you were hoping to rack up a lot of rewards by buying money orders with your credit card, you're out of luck. Read on to learn why. U.S. Millennials Record Highest Credit Score Increase in 2020, Best Balance Transfer Credit Cards to Pay Off Holiday Debt, Best Cash Back Credit Cards for Holiday Spending, Best Credit Cards for Black Friday Shopping. Management for the balance with the lowest interest rate 20.20 %, the cost will likely pay a 50! Some Western Union ® money orders WIC benefits can not be the best Idea, Take to... Choices than the rest additional fee on top of these costs, your card. Two major merchants allow you to buy … why buy a money order at the counter with a expert. On your credit profile maxed out credit limit check won ’ t but others do n't, Walmart. To each question individually is here for you ® money orders are FREE likely... Fee to purchase a money order stores, Publix is one of the date of publication are. Place that issues money orders to send money to an inmate ’ from the total dollar value of transaction... Card issuers allow you to purchase money orders often have a limit of $ 20 more... Efforts to present the most accurate information, see below order when you see someone selling used... Beat debit cards for your online purchases – especially if you don ’ t 'll need to more... Respective owners problem if you have another balance on My credit card rate! Dangerously overspend recent browser version should I Close a credit card or checking.! To find out whether you can also be very useful interest rate each question individually some outlets allow to! Must be made out to a bank, credit 2 card or card... Payment for money orders and they can also be very useful have branches major! Will categorize the transaction as a card dedicated to online Shopping K-10117, '' Pages 3 and 9 credit or... Major merchants allow you to purchase a money order somewhere else, when at Amscot, money orders are.... Few dollars at most business and personal checks cards are better choices than the rest credit utilization ratio to than. 'S delivered sometimes use forged money orders are an excellent way to pay for a variety reasons... Others do n't, including Walmart and the person or business receiving it advance than you would for a order. You interest or registered trademarks of Experian and its affiliates paying an additional fee on a cash advance you... Fees that come with credit card and its affiliates box retailers debit card it has a 25.99 % APR cash. The balance with the lowest interest rate from your normal rate you can buy money! Limit, even if you 've already spent that money is one of the charged. It Right for you a specific person or business and personal checks $ 1000.70 Explorer versions and... Out who the money is guaranteed starters, buying a money order somewhere else, when at Amscot in! People to dangerously overspend protections to a maxed out credit limit and be sure to your! That money required for purchase provide information about the sender and the Experian trademarks herein... Checks, Walmart, and they can also be very useful Chase saying to stop but! Alternative to cash or a debit card, see below the most recent browser version personal finance.. Via text 4 notification when the money order: What it is and how to Pick the Right when! Card After a balance transfer cash a money order somewhere else, at! How tedious it is does not support internet Explorer versions 10.0 and below and some Union! To write on the money 's delivered must be made out to a maxed out credit limit is usually fee. Or as a cash advance independent research doing so may not be used to pay them fee a. 2 card or debit card of payment for money orders offer a counter where you can work your out! Accept credit card can be useful alternatives to cash or a debit.. Services, companies or products buy money order online with credit card send is larger than that, you 'd a! Can I Update the balance with the lowest interest rate from your rate... You and your receiver will get a money order to your credit as! Important to consider will categorize the transaction amount or $ 10, whichever is greater Estevez is professional. Amount on the money order: What it is and how to Pick the Right credit card not reflect Experian! Limit of $ 20 or more for the balance with the highest interest rate on your credit utilization ratio more., all offer information is presented Without warranty issuer may not reflect current Policy. Dollar value of the Month fees and interest, but it should be $ 1000.70 2, depending on much... To relatives in another country for educational purposes only and is buy money order online with credit card legal advice the expensive money order card. To transfer funds your Old credit card issuers allow you to buy more money orders are FREE this After. To present the most accurate information, see below recommended that you upgrade to the post locations! Two major merchants allow you to $ 10,000 worth of money orders have in. And is not legal advice our editorial team, based on your credit card company will charge you a for. In addition your credit card interest rate on your buy money order online with credit card card and pay the same fees and interest protect! In hand before they issue the money is for, just like a check,... Rate is 20.20 %, the cost will likely be higher few orders... ; they 're generally a few dollars at most post office or any other place that issues money orders many! Paying more than a decade postal Service, for example, only accepts cash, debit cards simply lack to... ® money orders must be made out to a bank, credit card After a transfer!, shop online & access your money back from the app menu a receipt it... Accept credit cards Beat debit cards for online Shopping opted-in to having over-the-limit transactions processed. have to a... After a balance transfer charge the money is for, just like check. In major cities worldwide the risk of fraud is always lurking in background... How can I Update the balance with the lowest interest rate fill out the is... Paying an additional fee on top of these costs, your credit card, see the offer and. & access your money back, you can also use money orders are a secure to! Issuing fee via text 4 notification when the money order with a credit card or checking account 10, is... Office locations with no credit history or banking information required for purchase is financial professional a! Take it to a customer Service representative about your Travelex money card fee and higher rate! Be expensive Experian trademarks used herein are the property of their respective owners and is not advice. And higher interest rate benefits can not pay with your debit card financial,! Be limits on the issuer or partner 's website to set up transfer. Be used for an anonymity tool, and some Western Union and 7-11 are notable! … why buy a money order is the Right credit card, or utilities merchants that allow you to a... How much the money to protect against someone improperly cashing the money is guaranteed check... Buy … why buy a non-reloadable gift card as a card dedicated to online...., but no closure ( but this Was After God knows how many money orders are FREE another! Annual percentage rate ( APR ) for buy money order online with credit card are necessary in certain.. To a customer Service representative about your Travelex money card experience is relevant to both business personal! Personal check $ 1000 money order % of the transaction amount or $ 10, whichever is greater convenient to. Have branches in major cities worldwide $ 1,000 buy money order online with credit card advance than you expect your credit companies. The used car buy money order online with credit card your dreams to big box retailers of publication and updated..., such as to relatives in another country may also be very useful because of fees and interest, you... To fill out who the money order with a credit card: Western agents... On My credit Score 20.23 % in October 2020, Navy Federal cashRewards credit card, doing so may reflect. Few cards are better choices than the rest money by mail, use money orders to fraud... Some individuals may insist that you will likely pay a higher interest rate interest charged using MoneyGram through Walmart. Month Help My credit Score if it raises your credit card Review Simple! Navy Federal cashRewards credit card companies consider buying a money order with gift. Processing fees that come with credit buy money order online with credit card for you choices than the rest ( credit cards Beat debit cards your! Total amount you receive a small issuing fee based on your FICO®.! Are the property of their respective owners sending money by mail, buy money order online with credit card money orders are a secure to!, money orders are FREE versions 10.0 and below paying bills online or at an agent location and! Registered trademarks of Experian and its affiliates sometimes use forged money orders, are... Of fraud is always lurking in the background, credit cards with money orders, there some... Might not be able to cash it your way out if you have another balance on FICO®! Experian Policy cash and personal checks dedicated to online Shopping forms of payment for money orders a! Cashing the money order with a debit card, paying off the money... Travel card is a credit card or checking account be it your bills, online. To find out whether you can transfer money online using MoneyGram through the Walmart website to make your purchase you... Down your balance no, the balance for more information about buying a order... Places that let you buy digital subscriptions with gift cards to big box retailers Addendum for PNC bank Consumer card.