Answer Save. CVS engages in the money transmission and/or currency exchange business as an authorized delegate of MoneyGram ® Payment Systems, Inc. under Chapter 151 of the Texas Finance Code. To avoid becoming a victim, look for the security features on the form before you accept it. Anonymous. Lv 4. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Source(s): Field experience. U.S. Favorite Answer. Money orders must be made out to a specific person or business and can only be cashed by that recipient. At Money Services desks you can cash a money order, by following the steps we mentioned above. Basic Facts: CVS Money Orders. Money orders can be replaced if they are damaged, lost or stolen, but fees are often associated. However, there are a select few stores that may not have them. Because it’s a product, like a carton of milk, you will need the full amount to purchase a money order, plus the fee. Speedy Cash only offers check cashing services at some locations, so it’s possible that the location you visited was one of those that does not offer those services. However, the only two people that can cash them are the person to whom it is written and the person who purchased it. See If This Plan Is Right for You, How To Open a Wells Fargo Bank Account in 3 Steps, 45 Restaurants Open on New Year’s Eve and Day 2020, These 47 Billionaires Got Richer During the Pandemic, Trump Ex-Lawyer Sued by Dominion for $1.3 Billion – How 14 Corporate Lawsuits Turned Out, How the Pandemic Has Changed Banking – Maybe Forever. For official contest rules, please go to: gobankingrates.com/best-banks/official-rules/. Learn: Where Can I Cash a Check? Similar to a cashier’s check, a money order will usually have a cap to how much you can put on it. Because cashing a money order requires presenting ID in person, you typically don't have to worry that a thief will get their hands on your funds. Use them to give a … The limit for money orders from Walmart is also higher than the one offered by 7-Eleven – $1,000 max. In fact, some larger retail stores, especially grocery stores, have Western Union or MoneyGram services available at the customer service desk, so you might be able to cash your money order there for free. Of the major pharmacies in the United States, CVS … The amount limit set for every money order is up to $500 only. Other businesses cash a money order regardless of where it originates from, but might charge a higher fee. Depending on the location, you might be charged a fee for cashing a money order. Does CVS Do Cash Back? Ask Question + 100. 0 0. cleveland. Answer Save. CVS Cash Back Limits for Withdrawals 2021, Jomashop Reviews: Is Jomashop Legitimate and Reliable? 3. How To Fill Out a Money Order: A Step-by-Step Guide, What Is a Roth 401(k)? CVS does accepts cash for money transfers. Walmart issues money orders from MoneyGram, and you will pay a small handling fee of 70 cents per money order. When sending money by mail, use money orders as a safe alternative to cash and personal checks. A money order can sometimes appear an appealing choice. You can’t cash money orders at CVS, but you can cash a money order at a check-cashing store or some grocery stores with proper ID. Does CVS sell Western Union money orders? If you need to cash a money order, see our article on where to cash a money order , or our article specifically on where to cash a MoneyGram money order. 1 Answer. You may want to check your nearby CVS Pharmacy for more guidelines on the selling of these money orders. 4. Can I get a money order at CVS? The most unlikely place to buy or cash a money order near you is a grocery store, but it does offer money order services. You can get the money as cash or have it loaded onto a prepaid card. All You Should Know, Does CVS do Money Orders? Win $500 – and Start the New Year Right! 0 0. Anyone who does not have a Bank of America account is required to purchase their money order using cash. Still have questions? CVS Pharmacy was originally known as Consumer Value Store from 1963 to 1996. Sign up now! This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Customers seeking an alternative to money orders can send or receive money at CVS using MoneyGram money transfers. A money order is a product that you purchase from a provider like MoneyGram — it doesn’t pull funds directly from your checking account. To help you quickly find the best place to cash a money order, we have several recommendations below. However, getting a USPS money order can be hard—not all post offices issue money orders, so call ahead to confirm. 4 years ago. Can I buy a money order from CVS? His experience includes covering a range of personal finance topics for GOBankingRates, specializing in offering actionable advice for banking customers. CVS Pharmacy stores have over 9,800 locations in the U.S. Fee: $0.99 ; Limit: $500 max per money order; Provider: MoneyGram; You can find a CVS location near you by going here. You can’t cash a money order at 7 Eleven locations. Not all grocery stores will cash … Postal Service ® money orders are affordable, widely accepted, and never expire. Learn More: How To Fill Out a Money Order: A Step-by-Step Guide. That’s good news for you if you’ve just received a money order, because as long as the money order is legitimate, it’s about as close as you can come to actually receiving cash. CVS Pharmacy sells MoneyGram money orders with a $500 limit and $0.99 fee – CVS Pharmacy will not cash a MoneyGram money order though. Did you know CVS Pharmacy sells money orders? Money orders often have a limit of $1,000, although some issuers have smaller limits. Individuals with accounts in good standing can use the available balance to purchase a money order. When you sign-up to receive bi-weekly email updates from GOBankingRates, you’ll automatically be entered for a chance to win our $500 #BestBanksBestYou sweepstakes. To find out more about what to do if your money order is damaged or stolen, read our guide on money orders. Some, but not all, MoneyGram locations can also cash a money order from MoneyGram or another institution. Does CVS have money orders? What is CVS? Fees will be based on the total amount you are transferring and destination, but you can check for an estimate on the MoneyGram website before visiting CVS for the transfer. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. But if you search for MoneyGram on the CVS website, you’ll be directed to the MoneyGram locator. Use the recipient’s legal name or business name to avoid any confusion when the money order is being cashed. You can also deposit the money order at your bank or credit union. CVS with MoneyGram makes it cheap, easy and accessible. Even if yours does, you might find yourself waiting in line. Other Options . Relevance. The best place would be a bank or the place where the money order was purchased. If you need to cash a money order, you’ll need to take it somewhere else. These money orders have a reputation around the world for being safe. CVS in most of its locations does however do money orders. 7 Best Places to Cash a Money Order Near You. 1 decade ago. CVS issues money orders at their over 9,900 locations. You might even save money on groceries when you buy money orders from them. You might be aware of how to purchase a money order at a bank or credit union, but CVS is a great option if those places are closed. In many CVS stores money orders are able to be done. AfroFantasy - All Rights Reserved, Does Costco Take EBT? If a money order is lost or stolen, it can be easily cancelled and replaced (unlike cash). You can’t cash money orders at CVS, but you can cash a money order at a check-cashing store or some grocery stores with proper ID. Most of the world's richest have gotten richer. Cvs Money Order. CVS also offers MoneyGram money transfers, with fees and limits determined by the transfer destination and amount. Some but try a convenience store like ecerd or what ever its spelled. CVS sells money orders for $1.25 with a maximum amount per money order of $500. 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. Favorite Answer. No; Money orders are cash only. Yes. © 2021 GOBankingRates. As the purchaser, you will need to fill in your address information. You can also deposit the money order at your bank or credit union. Say what? CVS has about 9600 stores across the United States. However, there are a select few stores that may not have them. Is EBT Cards Accepted at Costco for Purchasing Items. Limits for Withdrawals 2021, Jomashop Reviews: is CVS the best place to get a money.. This site are from advertisers from which this website receives compensation for being listed here their money,... Money anywhere in the lobby of any branch location during regular business hours the next time need... ( unlike cash ) t cash a money order is the right solution when cash, checks, and expire! Includes covering a range of personal finance topics for GOBankingRates, specializing in offering actionable advice for banking.. 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