7+ Easy Ways Can You Purchase A Money Order With A Credit Card
7+ Easy Ways Can You Purchase A Money Order With A Credit Card. You can buy a money order with either debit or credit card. There are only two places where you can purchase a money order using a credit card:
On top of the money order fee, there are additional costs of getting a money order via credit card: You can typically buy one with cash, a transfer from your bank account or a debit card. Here are some such alternatives that you can opt for before going for a money order purchase using a credit card:
Other Places, Such As Usps, Walmart, Money Gram, And Walmart Will Not Allow You To Buy A Money Order With A Credit Card.
Here are the reasons why: This can range from as low as $.80 all the way up to nearly $2 depending on the location. If you’re buying a money order worth $1000, the fee could be up to $50, depending on your credit card.
You Can Purchase A Prepaid Card With A Credit Card And Use It To Pay For Items, Bills, Etc.
This means that you will likely pay a higher interest rate from your. Cash advance fees are usually set at 5% or $10, whichever is greater. Furthermore, your credit card company recognizes these money orders as cash advances.
If You Would Like To Send Money To Friends Or Family Online, Consider A Money Transfer.
June 28, 2021, 11:18 am · 7 min read. Here are some such alternatives that you can opt for before going for a money order purchase using a credit card: That said, not all places will allow you to do so.
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.
Just like with lottery tickets or cash advances, you can buy money orders with your credit card, but most experts recommend that you avoid doing so. Some companies do allow you to use a credit card to purchase a money order. Make sure you sign the money order at the counter and in front of a retail associate.
Your Bank Will Charge You A 3% To 5% Cash Advance Fee On Each Transaction.
#how to check the status of a money order. Most credit cards charge a cash advance fee of 3% to 5% of the transaction amount with a minimum charge of $ 5 to $ 10. Y our card issuer will categorize the transaction as a cash advance.