When you need to pay a deposit on a new apartment or handle other transaction that can’t be done with a debit or credit card, you may need a money order. If the nearby post office, bank or credit union is closed, please go to your local CVS to buy a money order. But there are a few things you might want to consider before moving ahead
Does CVS Sell Money Orders ?
CVS issues money orders at over 9,900 locations. CVS uses MoneyGram money orders, a provider of money transfers and payment services. CVS sells money orders for $1.25 with a maximum amount per money order of $500.
This is an important distinction to make because not much information is available if you search for “money orders” on the CVS website.
But only if you search for MoneyGram on the CVS website, you’ll be directed to the MoneyGram locator.
CVS Money Order
How to Fill a CVS Money Order?
You might know on how to purchase a money order at a bank or credit union, but CVS is a great option if those places are closed.
The steps to purchasing a money order at CVS are simple and straightforward.
Keep your money ready
A money order is a product that you purchase from a provider like MoneyGram — it doesn’t pull funds directly from your checking account. Because it’s a product, like a carton of milk, you will need the full amount to purchase a money order, plus the fee. You can pay for a money order with cash or a debit card.
Fill Out the Money Order Amount and Recipient Information
To keep your money order safe, fill out all of the information about the dollar amount and the payee immediately. Use the recipient’s legal name or business name to avoid any confusion when the money order is being cashed.
Fill Out the Purchaser’s Address Section
As the purchaser of the money order, you will need to fill in your address information.
Sign the Front of the Money Order
You might be thinking to sign the back of the money order, but that’s where the recipient signs. Sign your name on the front of the money order instead. There is a line that indicates where to sign. Look for the words “Purchaser/Signer for Drawer.”
Keep the Receipts for Your Reference
a money order works a lot like cash One difference being you can get a receipt for a money order that proves you purchased it. Be sure to hold on to your receipt until you know the payment has been received by the payee.
Does CVS Cash Money Orders?
You can’t cash money orders at CVS, but you can cash a money order at a check-cashing store or some grocery stores by producing proper ID. Depending on the location, you might be charged a fee for cashing a money order. You can also deposit the money order at your bank or credit union.
Is CVS the Best Place To Get a Money Order?
Services at CVS are smooth and safe. MoneyGram is a global provider of money transfers and payments. With a small fee of $1.25 per money order and a maximum of $500 per money order, you don’t need to wait until your post office or financial institution opens its doors. CVS with MoneyGram makes it cheap, easy and accessible.