Where to Buy Money Orders: Your Comprehensive Guide

Money orders are a reliable and secure way to send money, especially for those who prefer not to use cash, credit cards, or checks. They offer a traceable alternative for payments and are widely accepted. If you’re wondering Where To Buy Money Orders, you’re in the right place. This guide will walk you through the most common and convenient locations to purchase money orders, ensuring you find the best option for your needs.

Money orders are prepaid payment instruments, meaning you load the funds onto them before sending. This differs from personal checks, which draw funds directly from your bank account. Because they are prepaid, money orders are a low-risk option for recipients, making them a trusted form of payment for various transactions, from paying bills to sending gifts.

Top Locations to Purchase Money Orders

Finding a place to buy a money order is usually quite easy, as many different types of establishments offer them. Here are some of the most accessible and popular options:

United States Postal Service (USPS) Post Offices

Post Offices are a traditional and reliable place to buy money orders. USPS money orders are widely accepted and considered very secure.

Pros of buying money orders at USPS:

• Trustworthiness: USPS is a government entity, lending a high degree of credibility and security to their money orders.
• Accessibility: With thousands of Post Office locations across the country, you’re likely to find one nearby.
• Affordability: USPS money order fees are generally competitive.

Cons of buying money orders at USPS:

• Limited Hours: Post Office hours may be less convenient than some other locations, especially on weekends and evenings.
• Payment Methods: USPS typically accepts cash, debit cards, and sometimes traveler’s checks for money order purchases. Credit cards are usually not accepted.

To purchase a money order at the Post Office:

1. Visit your local Post Office during business hours. You can find locations using the USPS Post Office Locator.
2. Determine the amount of the money order you need. Domestic USPS money orders can be purchased for amounts up to $1,000.
3. Inform the postal clerk that you want to purchase a money order and specify the amount.
4. Pay for the money order using an accepted payment method.
5. You will receive the money order and a receipt. Keep the receipt in a safe place as it is needed to track or replace a lost or stolen money order.

Banks and Credit Unions

Many banks and credit unions also offer money orders to their customers. If you have a bank account, this can be a convenient option.

Pros of buying money orders at Banks/Credit Unions:

• Security: Banks and credit unions are highly regulated financial institutions, offering secure transactions.
• Customer Service: You can often get assistance and support from bank staff if you have questions.
• Account Access: If you are a bank customer, you may be able to purchase money orders using funds directly from your account.

Cons of buying money orders at Banks/Credit Unions:

• Customer Requirement: Typically, you need to be a customer of the bank or credit union to purchase money orders.
• Fees: Bank fees for money orders can vary. Some banks may offer free money orders to certain account holders.
• Limited Hours: Bank hours are generally similar to Post Office hours, and may not be as convenient as some retail locations.

To purchase a money order from a bank or credit union:

1. Visit your bank or credit union branch during business hours.
2. Inquire about purchasing a money order at the teller counter or customer service desk.
3. Provide your account information and the amount for the money order.
4. Pay for the money order using funds from your account or with cash, depending on the bank’s policies.
5. You will receive the money order and a receipt.

Retail Stores: Walmart, Grocery Stores, and Convenience Stores

Various retail stores provide money order services, offering extended hours and convenience. Walmart, major grocery store chains, and some convenience stores are common places to buy money orders.

Pros of buying money orders at Retail Stores:

• Convenience: Retail stores often have extended hours, including evenings and weekends, making them accessible when banks and post offices are closed.
• Accessibility: Stores like Walmart are widespread, providing easy access for many people.
• One-Stop Shopping: You can purchase a money order while running other errands.

Cons of buying money orders at Retail Stores:

• Fees: Retail store money order fees can sometimes be slightly higher than those at USPS or some banks.
• Limits: Purchase limits may apply, and they might be lower than those at USPS or banks.
• Security: While generally safe, the environment may not feel as secure as a bank or post office.

Common retail stores where you can buy money orders include:

• Walmart: Walmart is a popular option for money orders, offering them at their MoneyCenter or customer service desks.
• Kroger, Safeway, and other Grocery Stores: Many large grocery chains offer money order services at their customer service areas.
• 7-Eleven, CVS, Walgreens, and other Convenience/Drug Stores: Some convenience and drug stores also provide money order services, though availability can vary by location.

To purchase a money order at a retail store:

1. Visit the customer service desk or money service center within the store.
2. Specify the amount of the money order you need.
3. Pay for the money order. Retail stores typically accept cash and debit cards. Some may accept credit cards, but this is less common and may come with additional fees.
4. You will receive the money order and a receipt.

Money Transfer Services: Western Union and MoneyGram

Money transfer companies like Western Union and MoneyGram are primarily known for wire transfers, but they also offer money orders.

Pros of buying money orders at Money Transfer Services:

• Speed and Availability: Locations are often readily available, and services can be quick.
• Specialized Service: These companies specialize in financial transactions, potentially offering expertise in money orders and related services.

Cons of buying money orders at Money Transfer Services:

• Fees: Fees can sometimes be higher compared to USPS or some retail locations.
• Primarily for Transfers: While they offer money orders, their main focus is often on money transfers, which might be a different service than what you need.

To purchase a money order from a money transfer service:

1. Locate a Western Union or MoneyGram agent location. These can often be found within retail stores or as standalone businesses.
2. Inform the agent you wish to purchase a money order and specify the amount.
3. Pay for the money order. Accepted payment methods usually include cash and debit cards.
4. You will receive the money order and a receipt.

Choosing the Best Place to Buy Money Orders

The “best” place to buy a money order depends on your individual needs and priorities. Consider these factors when making your choice:

• Fees: Compare the fees charged at different locations. USPS often has competitive rates, but retail stores and money transfer services may be slightly more expensive.
• Convenience: Think about location and hours. If you need a money order outside of typical business hours, a retail store might be the most convenient.
• Payment Method: Consider how you want to pay. Most locations accept cash and debit cards. If you prefer to use a credit card, your options may be more limited, and you might incur extra fees.
• Trust and Security: USPS and banks are generally perceived as the most secure options. However, money orders from reputable retail stores and money transfer services are also safe.

By evaluating these factors and considering the options outlined in this guide, you can confidently decide where to buy money orders that best suits your requirements. Money orders remain a valuable financial tool, providing a secure and reliable way to send payments.