13+ Easy Tips Can I Buy Money Order With Credit Card
13+ Easy Tips Can I Buy Money Order With Credit Card. For international transfers, you can use revolut or transferwise. Because issuers want the money in hand before they issue the money order, you cannot pay with a personal check.
Just keep in mind that credit card companies consider the purchase of a money order to be the equivalent of a cash advance, so the transaction will trigger an expensive fee and a high interest rate will take. Use online platforms like venmo or paypal to help you fund your credit card transfer, nationally, for about 3%. While you can purchase one using a credit card, doing so may not be the best idea.
Most Credit Cards Charge A Cash Advance Fee Of 3% To 5% Of The Transaction.
On top of the money order fee, there are additional costs of getting a money order via credit card: The minimum fee ranges from $5 to $10, depending on the amount you’re taking as an advance. For starters, buying a money order with a credit card can be expensive.
Y Our Card Issuer Will Categorize The Transaction As A Cash Advance.
Other places, such as usps, walmart, money gram, and walmart will not allow you to buy a money order with a credit card. So, for a $100 money order, you'd pay $10, and on a $500 money order, you'd pay $25. Not only are there plenty of walmart stores nationwide, but they only charge up to $1.00, depending on the amount.
Can You Buy A Money Order With A Credit Card?
Some companies do allow you to use a credit card to purchase a money order. Walmart is one of the best places to get a money order. If you would like to send money to friends or family online, consider a money transfer.
Introductory Offers Include A Cash Bonus After Spending The Required Amount On Purchases During The First Three Months And A 0% Apr Offer On Purchases For An Initial Period After Opening The Account.
While you may be able to buy a money order with a credit card, it’s often not the best option, as credit card companies typically charge additional fees and higher interest rates for money order purchases. Furthermore, your credit card company recognizes these money orders as cash advances. Here are the reasons why:
Online Payment Using A Credit Card.
Prepaid cards are another alternative to money orders. You can buy a money order with either debit or credit card. You can buy a money order by giving cash or any acceptable medium to a cashier.