Can You Make A Money Order With A Credit Card
Olivia Luz
Western union and 7 11 are two notable examples of merchants that allow you to buy a money order with a credit card.
Because issuers want the money in hand before they issue the money order you cannot pay with a personal check. Cash advance fees usually clock in at 5 or 10 whichever is greater. Because they re basically like cash buying a money order with a credit card means your purchase will be coded as a cash advance. Only two major merchants allow you to purchase a money order with a credit card.
Western union and 7 eleven. For example i have local branches of both chase and us bank. Western union and 7 eleven. You ll pay the same fees and interest but you ll have flexibility in purchase the money order.
Some companies do allow you to use a credit card to purchase a money order. However it is not typically a wise decision to charge a money order because of the way the transaction is processed. Other money order providers including walmart moneygram and the postal service do not. If you have local branches of the banks that issue your credit cards they will be happy to accept money orders as payments against your credit cards.
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Those that do accept cards treat a money order purchase as a cash advance so you will likely incur higher fees and begin paying interest immediately. The only places that let you buy a money order with a credit card are 7 eleven stores and western union. Some merchants will allow you to purchase money orders with a debit card but only when you use a pin. Money order credit card transactions are commonly processed as a cash advance.So the answer is yes some merchants may allow you to buy a cash advance with a credit card but it can be expensive. You can buy a money order with a credit card as well as with a debit card check or bank transfer. In the case of us bank i simply hand my credit card and money orders made out to us bank to the teller and ask to make a payment. They need to be paid for up front and many issuers will not accept credit cards as a form of payment.
In a pinch you can use your credit card to withdraw cash from the atm and then purchase the money order. Other money order providers including walmart moneygram and the postal service do not.
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