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Where To Get A Money Order | Compare USPS & Bank Fees | MyBankTracker

Western Union Western Union

  • The general fee for money orders can range  from 50 cents to $10 and up, depending on where you get one
  • Western Union fees: could range anywhere from 50 cents to $1.50 and more
  • Most banks charge $5, $10, or 10 percent of the total amount on the money order

What Is A Money Order?

money orders are a solid form of requital that is accepted just about anywhere .
Do n’t get them confused with a cashier ‘s check, which is alone gettable from your savings bank .
You can get a money order from the mail office, a bank, Western Union, and grocery store store.

Finding the right place for your money rate buy depends on the come you are bequeath to pay, where you need to send it, and when the money order needs to reach its destination .

Best Places To Get A Money Order: Fee Comparison

Compare Money Order Fees at Banks & Retailers

Company Fees Limits
Chase $5 $1,000
Bank of America $5 $1,000
Not available in Arizona, California, Nevada.
Wells Fargo $5
Citibank $5
U.S. Bank $5
PNC Bank $5
BMO Harris Bank $5 $1000
TD Bank $5
Capital One Does not issue money orders
SunTrust $5 for customers
$10 for non-customers
Regions Bank $1 $1000
Santander $5
BMO Harris Bank $5 $1000
M&T Bank $6
CVS $0.70 $500
USPS $1.20 $500
Walmart $0.70 $1,000

Since many fiscal institutions do not list an total for money order fees, the best manner to determine how much your local bank charges is to find a nearby branch .
Most banks charge $ 5, $ 10, or 10 percentage of the full sum on the money order. The local ( Los Angeles ) Wells Fargo, Chase, and U.S. Bank charge a flat rate of $ 5 and only offer domestic money orders .
money orders are waived by some banks if you have a particular report .
For exemplify, Wells Fargo waives money orders if you have a preferable check or Wells Fargo At Work Checking Account .
Chase will waive the fee if you have a premier or private report with the bank. U.S. Bank waives the fee for those that have a platinum checking explanation .
Tip : If you have a higher tiered control account, control to see if your bank offers detached money orders .

Western Union Money Order Fees

just like with banks, Western Union does not provide a fixed amount for a money order .
A representative explained the pace varies by location. however, in cosmopolitan, these fees could range anywhere from 50 cents to $ 1.50 and more .
International money orders are available, but it is suggested to verify with the fiscal mental hospital where the funds will be deposited, in order to ensure the transaction can be completed .
As an exercise, three local Los Angeles Western Unions were contacted by MyBankTracker. here are the fees :

  • Location A: 55-cent fee for money orders between a penny and $500, and $1 fee for money orders between $500.01-$1,000
  • Location B: 80-cent fee for money orders between a penny and $500, and $1 fee for money orders between $500.01-$1,000
  • Location C: 75-cent fee for money orders between a penny and $299.99, and $1 fee for money orders between $300-$1,000

You do n’t need an report to get a money rate from Western Union .
Western Union besides allows customers to deposit money orders to withdraw cash. Most banks require that you have an report with them to get a money order .
An extra top is that westerly Unions in your sphere are normally receptive every sidereal day, including weekends, whereas most banks and the post office are closed on Sundays.

The fee associated with cashing money orders from Western Union ranges between 1 percentage to 3 percentage, depending on the measure .
A representative informed me to go into a local anesthetic branch to find out how much will be taken out. This is because the rates fluctuate indeed much from placement to placement .
Tip : To find the best rate at Western Union when cashing your money order, call respective locations in your area and find the one that with the lowest fees .

USPS Domestic and International Money Order Fees

The current price for domestic money orders at USPS are as follows :

USPS Money Orders

Fee Maximum Amount of Check
$1.20 $500
$1.60 $1,000
$0.40 All postal money orders issued through military facilities

domestic money orders can only be purchased for up to $ 1,000. Anyone that needs to send more than $ 1,000 will need to get two break money orders .
Tip : If you need to send more than $ 1,000 on a regular basis, consider opening a check account at a bank so you can obtain cashier ‘s checks .
International money orders cost $ 4.50 for any sum .
International money orders from the United States Postal Service can be cashed in 29 countries .
If you are going to attempt to cash a money order at the post office, you may run into difficulty. USPS may not be able to help you to cash a money order if the amount exceeds $ 1,000. person attempting to cash a money order worth tens of thousands of dollars or more should consider visiting a bank .

Other places to get money orders

Grocery stores and department stores besides offer cheap money orders. Walmart money orders are 60 cents and has a limit of up to $ 1,000. CVS Pharmacy besides offers money orders for 99 cents, with a maximum value of $ 500 .

Be aware of money order scams

If you receive a money order in the mail from person who you are not companion with, chances are it ‘s a fudge .
Educate yourself on how to detect a fake money decree, that way you ‘re never tricked into cashing a talk through one’s hat money decree .
If you do end up cashing a bogus money regulate, you may be liable for the money exhausted when it comes back rejected. It could take up to a couple of weeks for your savings bank to determine whether or not a money club is imposter .
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