8+ Incredible Tips Can U Get Money Order With Credit Card. Send a large purchase without letting the information shown on a credit card. Money order credit card transactions are commonly processed as a cash advance.
Places that let you use a gift card to buy a money order. Find a location that cashes money orders. Depending on what your regular purchase apr is, you could end up paying much more when buying a money order with your credit card.
You’ll Pay A Higher Interest Rate.
Here are some such alternatives that you can opt for before going for a money order purchase using a credit card: Y our card issuer will categorize the transaction as a cash advance. A few common places to cash a money order are banks, convenience stores, and credit unions.
4.6/5 ( 65 Votes ) Currently, No Major Merchants Allow You To Pay For A Money Order With A Credit Card.
Most credit cards charge a cash advance fee of 3% to 5% of the transaction amount with a minimum fee of $5 to $10. Places that let you use a gift card to buy a money order. On a $1,000 money order, that's a fee of $30 to $50 on top of the money order fee.
Your Bank Will Charge You A 3% To 5% Cash Advance Fee On Each Transaction.
Most credit cards have a “cash advance apr” that’s higher than the normal purchase apr. 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. Include the dollar sign and cents.
They’re A Secure Way Of Obtaining And Sending Funds Because, Unlike Checks, Money Orders Don’t Bounce Or Expire.
Make sure you’ve filled out your money order. Send money to someone in a correctional facility. Once you get to the location, sign the money order just like you would a check.
A Money Order Is A Certificate That Is Exchangeable For Cash.
Money order credit card transactions are commonly processed as a cash advance. This limitation is because most money order issuers want you to provide the money on hand. If you are looking to cash a money order, it is best to call ahead as not all locations offer this service.