You’ll need to visit a place that sells them and when you purchase it, you need to specify who’s receiving the funds. Some banks may provide them for free, but generally you’ll be charged for them. Others will charge a higher amount for money orders over a certain denomination as well. Most stores sell them for a set fee, and others charge a percentage of the amount you want the money order for. You can find them for a $1.50 or less in most cases though.īelow, I’ll give you the prices at each place that I list. Money orders are safe to use – you could even mail them if you want to! Because you specify the name of the recipient on the money order, it would be almost impossible to steal your money.Īnd if you need money right away, you can take your money order to any of these places and cash it instantly. While checks include personal information, money orders don’t, meaning your privacy is protected. If you’re paying a person or company and don’t want to share your personal information, money orders are a good alternative.
They shouldn’t bounce as personal checks might.Because it gives you a receipt to show that you paid.This is much safer for bigger purchases in particular where carrying a ton of cash with you just isn’t a good idea! Use a money order instead and you’ll keep your money safe. To pay someone if you don’t have a checking account.
There are a few reasons why you might want to purchase one: So, a lot of paces not only accept them, some actually prefer you to pay them with one. Swagbucks: Get paid to watch videos, shop online, take surveys and more. Toluna: Earn PayPal, Amazon & Tango e-vouchers for taking surveys (& product testing!).
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