CVS Money Order : How to Receive Money | Pay Bills | MoneyGram

Sometimes, all you want is an extra bit of protection. If, for instance, you’re involved in a purchase that is larger or that is different from the typical purchase it is possible to use a money order.

They are a secure method of cash that you may purchase from retailers, post offices, and other banks. There is a chance that CVS Pharmacy stores sell money orders with MoneyGram.

Continue reading for more information about the secure, easy method to purchase money orders from CVS.

What is CVS?

CVS is a retailer that is well-known within the health and pharmaceutical sector. In addition to offering medicines as well, they offer the option of money orders for customers.

It is possible to purchase money orders as well as cash out money orders through CVS.

The CVS pharmacy boasts more than 10,000 locations and 1700 pharmacies in Target as well as Schnucks supermarkets.

What is the reason CVS offers money orders? CVS’s numerous branches make it simple to move money orders.

CVS offers money orders as they are lucrative. The company charges $1.25 (the price may vary) each time you purchase a money purchase.

There is a requirement to buy a lot of money orders when you have reached the amount that is the highest at CVS stores.

Though you are able to purchase CVS cashier’s cheques, it is not possible to make cash-money orders at CVS stores.

What is a Money Order?

The cash request is a type of transfer that is similar to the check. Money orders can be used to pay for almost every purchase.

They are typically used to cover bill payments, security deposits car purchases, and international money transfers.

Contrary to traditional checks and money orders, money orders are sure. They won’t bounce as they’re paid for with either cash or a debit account on a bank.

Money orders appeal to people due to their convenience as well as safer than electronic or cash payment methods.

They don’t contain your banking information, which means you’re protected while making cash.

Does CVS Do Money Orders?

There is a possibility that CVS provides money orders to customers. CVS is the biggest pharmacy company in the United States of America.

The company has over 9,900 stores across the states in the USA. CVS provides medical prescriptions and wellness products, as well as supplements for health, as well as different products and services.

In addition, CVS has stepped forward in order to ease the lives of customers with financial services.

Therefore, it raises an inquiry in the minds of its customers “Does CVS sell money orders?”

CVS offers money orders at all of its stores. They offer only money orders from MoneyGram.

Additionally, it’s beneficial for the customer as they will not have to wait to go to the bank in order to make the money.

 In addition, CVS charges the cost of $1.25 for each money order at CVS. The customer must present the government-issued I.D. in order to complete the purchase.

It is possible to purchase money orders in cash. Debit cards, credit cards as well and electronic gift cards aren’t acceptable options for payment when purchasing money orders from CVS.

Every money order issued by CVS can be purchased with a limit of $500.

What Are CVS Money Order Limits?

CVS offers services for money orders via MoneyGram an extremely popular service for money transfers. The maximum sum per transaction at CVS is $500.

If you’re looking to send more than this amount, you are able to purchase more money orders. There is no limit to how many money orders you may buy. But, for every MoneyGram money purchase, CVS charges a fee of $1.25.

Be aware that purchases of cash orders worth $2000 or more within one day require an official government ID in accordance with federal regulations.

How Much Does A Money Order Cost At CVS?

The cost of buying money orders at CVS is very low. The cost for purchasing the money order at CVS is $1.25 for each money purchase.

The maximum sum per order is $500. It is necessary to purchase several money orders to be able to send more than that.

In the example above, if you’re looking to send $1,000 for example, you’ll need to purchase two money orders each one costing $1.25. Important to remember that the cost varies by location and can differ in certain CVS shops.

How To Purchase A Money Order At CVS?

Making a purchase at CVS is a simple process. These are the procedures you must adhere to:

• Visit your local CVS Pharmacy.
• Step up to the cash register, or the customer service counter.
• You can ask to purchase a MoneyGram money purchase.
• Indicate the amount you would like to pay by money order. it must not exceed 500 dollars per transaction.
• You can pay for the money order and the service charge only using money or debit cards. Cash, checks, or other types that accept payment aren’t acceptable for the purchase of the money order at CVS.

After you’ve completed the transaction, make sure that you keep the receipt in a safe place as it acts as evidence of your payment and it is necessary to track or cancel if these situations are to occur.

Furthermore, hours of operation could differ, so you should check at your local CVS about their exact MoneyGram operating hours prior to heading out.Do All CVS Stores Sell Money Orders?

Yes, all CVS stores do sell money orders. You can buy an order for money in any CVS branch, however, the timing of availability will depend on the time of operations.

CVS makes use of MoneyGram money orders, which is a well-known global service for money transfers.

The maximum sum per money purchase is usually $500 and the price for acquiring an order for $1.25. Be aware that CVS accepts only cash and debit cards as methods of payment option for money orders.

It is also necessary to complete the required information for the money order.

This includes the address of the person who will be receiving it as well as your own name in order to finish the transaction. Keep your receipt until your recipient has deposited the money purchased.

Where To Get a Money Order: 10 Best Places

Money orders can be obtained from various establishments, including post offices, convenience stores, financial institutions as well as credit unions, and even retailers such as Walmart.

Remember that each service has its own purchase costs, limits, and charges. This is a listing of the top 10 places to obtain a money order with regard to limitations and fees.

1. Credit unions and banks
2. Western Union
3. US Postal Service
4. 7-Eleven
5. CVS Pharmacy
6. Safeway
7. Kroger
8. Meijer
9. Publix
10. Walmart

1. Banks and Credit Unions

The best place to find cash is through the local banks or credit unions in the event that they offer competitive rates. In the case of Wells Fargo, for instance. 

Wells Fargo charges $5 per purchase, which is a lot more than the typical charge of $2. However, Regions Bank provides money orders at a cost of $2.

If your institution or credit union is charging higher than normal fees for money orders, you need not be concerned. There are many alternative options.

If you own a checking or savings account in a bank, you could get a discount on charges for the money purchase.

2. Western Union

Western Union is a popular choice when it comes to money orders. Like most money-order companies, Western Union representatives confirm that they will not exceed $1,000 for money orders.

However, the issue is the fact that Western Union does not have any set fees across the entire network, usually since it’s situated within other companies like Kroger.

A few locations might cost as low as $0.50 While others may have higher rates, so make sure you ask the Western Union representative about fees prior to placing your order.

3. US Postal Service

The United States Postal Service can be a low-cost alternative for buying money orders, specifically in cases where you need one under $500. This is how fees function:

• If the amount of your money order is less than $500.00 then the cost is $2.00.
• If the amount of your money order ranges from $500.01 up to $1,000, then the cost will be $2.90.
• Any military money order that is of any value will incur the cost of $0.65.

Like any provider, there are limitations.

For example, the United States Postal Service caps the number of money orders issued to customers in the United States at $1,000 while international money orders are $700.

4. 7-Eleven

The majority of 7-Eleven stores offer cash advances. As happens in the case of Western Union, the fee that you pay will depend upon the store you go to.

The typical fee is between 1 and 3% of the amount of your money purchase. In addition, 7-Eleven will limit cash advances to $500 per transaction.

5. CVS Pharmacy

Does CVS do money orders? is a frequently asked query among people seeking some of these precious pieces of paper. It’s true, that CVS does offer money orders.

Although the price is not available on their website the price previously stated was $1.25 which makes it one of the most affordable alternatives. CVS sets the price of each money order at $500.

6. Safeway

Safeway is another excellent option to purchase a cash purchase. They typically charge the amount of $1 for each money order. There is an amount up to $500 but it can vary based on the area.

7. Kroger

Kroger is a cost-effective alternative for obtaining money orders. If you’re a customer of Kroger it is only necessary to pay $1 for each. If not, then you’ll pay $1.10 per. Cash orders from Kroger usually have an amount of $1,000 however, the retailer might waive the cap under certain conditions. If you require a cash purchase with a worth of greater than $1000 contact the local Kroger retailer and inquire about whether the situation you’re in qualifies for.

8. Meijer

If you reside within Illinois, Indiana, Kentucky, Michigan, Ohio, or Wisconsin and you own the convenience of a Meijer close by, you’re lucky. The company provides money orders with a price that is just $0.65 per. Plus, you can make money order purchases using your debit credit card instead of cash. You will not be charged an additional cost.

9. Publix

Publix isn’t just an ordinary grocery store. The business also provides a broad array of financial services such as money orders. Similar to Meijer and Meijer, Publix is one of the most affordable locations to place a cash purchase: Publix will charge between $0.89 to $0.99 per transaction, and the maximum amount of $500.

10. Walmart

What is the cost of a money purchase at Walmart? It is either $1 or less. Walmart says that its cost for money order transactions will be different according to location, but cannot exceed $1. Like most other places it limits the value of money orders to $1,000.

What Are Some of The Pros of Using Money Orders?

If you’re still not aware of the new web-based banking system that lets you pay and send money track your account statements and even pay your bills from your computer or phone just a few clicks of money orders make a wonderful alternative to consider. There are many advantages to making use of money orders.

1. The ability to track: Making use of money orders implies that the transactions you make can easily be tracked and recorded. It is possible to know precisely the location of your funds and make sure it’s secure.
2. Bank accounts are not required It is not every person’s right to have access to bank facilities. If you don’t have a personal financial institution cash orders are an effective way to transfer and receive cash.
3. Use internationally: Money orders can be easily used worldwide. In other words, you can utilize your money in any other countries, except in very specific locations, so having a money transfer makes the process much easier.
4. Guaranteed funds: There are many ways to use the money order. When you buy one, you’ve purchased it, and are assured that money changes into your account without hassle.
5. Accessibility: One of the best things about money orders is just how easily they can be obtained. As you probably learned in this post You can stroll into the nearest convenience store and purchase cash for under $2.

What Are The Cons of Using Money Orders?

Although money orders come with a number of benefits, they are not the most efficient way for online transactions. They have a few negatives you need to keep in mind prior to using the option.

1. The smallest amounts are not available: You will never get a money order that has an amount greater than $1000. Actually, the Postal Service limits international money orders to $700, and sometimes only $500 for some countries.

If you plan to send or receive funds that are greater than the amount you’re able to send It will mean the division of it into different transactions. Though this shouldn’t be an issue, it is necessary to pay per order and they can become costly. We’ll get to the next issue.

1. Costs: If you carry on transactions via the internet in your nation generally the process of sending money and also receiving it is completely cost-free. It is possible to transfer money to friends on your mobile phone at no cost. But this isn’t the case for money orders and you’ll pay more for it when you make use of cash advances regularly.
2. Time: In the same way, utilizing or cashing money orders takes much longer as compared to online banking. When you are able to relax in your home, and complete large transactions in a matter of seconds, cash orders involve going out, purchasing their products, filling out forms then sending them to the recipient, among others that can consume a considerable amount of effort and time.

They need to be purchased by a person. This is a major drawback to making use of these products.

Conclusion

CVS is a one-stop store for wellness and health items and financial products such as money purchases.

With the ease of a multitude of places across the nation and across the country, you can easily make a purchase order on a regular outing.

Be wary of charges and limitations that come with MoneyGram money orders made at CVS. If CVS doesn’t meet your requirements, you can consider other reliable retail stores such as Walmart, 7-Eleven, Kroger, and Western Union also offer the service in different conditions.