5 Best Places To Get a Money Order

Consider providers that offer low fees and locations near you.

By Alicia Bodine July 30, 2019 Checking Accounts 101

Money orders were first implemented in 1863 by the U.S. postal system as a safe alternative to sending cash, according to the Smithsonian’s National Postal Museum. A money order is a printed order for payment of a specified sum, typically issued by a bank, post office, convenience store, money transfer and check-cashing company or supermarket. Similar to a cashier’s check, money orders are widely accepted and never expire. Here are the best places to get a money order:

Western Union
U.S. Postal Service
Walmart
Banks and credit unions
Online providers

Best Places To Get Money Orders

You might find yourself asking, “Where can I get a money order?” When deciding where to get a money order near you, look for a provider with convenient locations and low fees. Fees might depend on the amount of the money order. If you can’t find a money order provider near you, you could instead get a cashier’s check from a bank.

Western Union

At Western Union, each location is allowed to assign its own fees, so there are no set rates. If you don’t know how to get a money order, Western Union can walk you through the process.

To fill out a money order, write in the payee’s name along with your name and address under “purchaser” and then sign it. Tear off the receipt attached to the money order for your records.

Pros:

U.S. Postal Service

Obtaining a post office money order is one of the more affordable options. Money orders are sold in amounts up to $1,000 and fees vary based on the amount of the money order.

U.S. Postal Service Money Order Fees
Money Order Amount	Fee
Up to $500	$1.25
$500.01 to $1,000	$1.70
Postal military money orders	$0.45

If the money order you send is lost or stolen, the Postal Service will still honor it. Head to your local branch and fill out PS Form 6401 Money Order Inquiry and list the money order’s serial number from your receipt. You’ll then need to pay a $6.15 processing fee. Once the post office verifies the status of the money order, they’ll issue you a new one.

Pros:

Easy to find a local post office
Set rates

Cons:

International money orders limited to $700
Checks and credit cards not accepted as payments for money orders

Walmart

Walmart is an authorized agent of the MoneyGram money order. You can purchase a money order in any amount up to $1,000 for a small fee of 88 cents. After filling out the form and obtaining the money order, you can either hand-deliver it to the intended recipient or mail it.

If you are the recipient, you’ll need to know how to cash a money order at Walmart. When you get to the counter, be prepared to show ID that matches the name on the money order. You should also come prepared with the reference number, so make sure to ask the sender for that, as well.

Pros:

Available from any Walmart Supercenter, Neighborhood Market (at the customer service desk) or Money Services Center
Stores located worldwide
Less expensive than most banks

Cons:

Must cash in person; check cashing fees might apply

Also See: How To Get Money Orders and Other Urgent Items When Your Bank Is Closed

Banks and Credit Unions

Almost all banks and credit unions sell and cash money orders. Each has its own requirements when it comes to money order fees and required documents. For example, First Heritage Federal Credit Union charges $2 for money orders, whereas a TD Bank money order costs $5.

If you aren’t a current customer at the bank or credit union you plan to visit, bring proper identification as well as enough cash to cover the money order and any associated fees. You can compare the fees and requirements at five major U.S. banks here:

Fees and Limits for Money Orders at Banks
Bank		Fees	Limit
	Chase	$5; free for Chase Premier Plus and Chase Sapphire Checking	$1,000
	Wells Fargo	$5	$1,000
	Bank of America	$5	$1,000
	Citibank	Free for Citi Priority and Citigold accounts; $5 for other Citi accounts	N/A
	U.S. Bank	$5	N/A

Pros:

Might be free if you have the right account

Cons:

Typically cost more than other providers

Check Out: What is MoneyGram?

Online Money Order Providers

In today’s fast-paced world, sending a money order online can save a great deal of time. Just like banks and credit unions, each online institution has its own set fees. Xoom, which is a PayPal service, even allows customers to send international money orders. The fee is based on the amount of the money order and the country where the recipient resides.

WorldRemit is another organization that provides online money order services. Its low fees vary depending on the country where the recipient lives. Place your order using the online form and you can send money to friends and family in more than 150 different countries.

With so many online options to choose from, it’s important to do your homework and ensure the company you use to obtain your money order is legitimate.