Can You Make A Money Order With A Credit Card
Olivia Luz
You ll pay the same fees and interest but you ll have flexibility in purchase the money order.
They need to be paid for up front and many issuers will not accept credit cards as a form of payment. 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. 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. Money order credit card transactions are commonly processed as a cash advance.
Western union and 7 11 are two notable examples of merchants that allow you to buy a money order with a credit card. In most cases you ll need to buy a money order with cash or a debit card. For example i have local branches of both chase and us bank. Some merchants will allow you to purchase money orders with a debit card but only when you use a pin.
Only two major merchants allow you to purchase a money order with a credit card. Other money order providers including walmart moneygram and the postal service do not. In a pinch you can use your credit card to withdraw cash from the atm and then purchase the money order. Because issuers want the money in hand before they issue the money order you cannot pay with a personal check.
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Some companies do allow you to use a credit card to purchase a money order. Cash advance fees usually clock in at 5 or 10 whichever is greater. Western union and 7 eleven. Other money order providers including walmart moneygram and the postal service do not.
Because they re basically like cash buying a money order with a credit card means your purchase will be coded as a cash advance. 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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