CVS is one of the best places to get a money order. A money order is similar to a cheque in that, it is basically a document used for making/authorizing payments. Major differences, however, distinguish a money order from a cheque.
The biggest difference though, is that money orders are prepaid between a cheque and a money order. Although somewhere (or in your pocket, if you’re old school like that) you probably have blank cheques in a drawer.
In this read, you will discover how to buy and fill out CVS money orders in 2022.
A money order will only be issued after you have handed over the actual funds. The purchaser will have to pay both for the cost of creating the money order (the fee charged) and for the amount issued.
This can be done in cash, with a debit card, with a traveler’s cheque, or with other insurance funds.
Also, there are over 9,900 CVS sites, which means that you can never really be too far away from one. CVS uses MoneyGram money orders to charge $1.25 per order.
The maximum amount of these orders provided by CVS is $500.
Does CVS Sell Money Orders?
It does, at their over 9,900 locations. It also uses MoneyGram money orders, a provider of money transfers and payment services. CVS sells its orders for $1.25, with a maximum amount of $500 per order.
This is an important distinction to make because you’re not going to find any helpful information if you search for “money orders” on the CVS website. But if you search for MoneyGram on the CVS website, you’ll be directed to the MoneyGram locator.
How Much is a CVS Money Order?
When it’s time to pay a deposit on a new apartment or handle some other transaction that can’t be done with a debit or credit card, you might need a money order. If the nearby post office, bank or credit union is closed, consider a trip to your local CVS to buy a money order. But before you grab your keys, there are a few things you might want to consider.
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Does CVS Cash Money Orders?
You can’t cash money orders at CVS, but you can cash the same at a check-cashing store or some grocery stores with 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.
Does CVS Offer Money Transfers?
Customers seeking an alternative to money orders can send or receive money at CVS using MoneyGram money transfers. Money transfers are available during the same hours as money orders. To send or receive a money transfer, you’ll need to show a valid photo ID. We have more details of the money transfer process below.
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Is CVS the Best Place To Get a Money Order?
The next time you need to purchase a money order, consider a visit to a nearby CVS with MoneyGram services. 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.
How to Buy, Fill Out, CVS Money Orders
You may know how to buy a money order from a bank or a credit union, but CVS is a great choice if those places are closed.
The measures to buy and fill out money order from CVS are simple and straightforward;
1. Have 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.
2. 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.
3. Fill Out the Purchaser’s Address Section
As the purchaser, you will need to fill in your address information.
4. Sign the Front of the Money Order
You might be tempted 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.”
5. Keep the Receipts for Your Reference
Similar to a cashier’s check, a money order works a lot like cash One difference is 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.
Sending a Money Transfer at CVS
When sending a MoneyGram transfer at CVS, you’ll need to have your photo ID, the recipient’s full name as listed on their photo ID, and the recipient’s location. CVS accepts cash for money transfers, so be sure to have enough on hand to cover both the amount of the transfer and the service fees.
Fees and limits depend on the details of your transaction. There is no set limit for money transfers, customer service representatives said; the computer will automatically approve or deny the transaction based on its destination. Fees depend on the total transfer amount and destination, but you can get an estimate on the MoneyGram website before visiting CVS.
After purchasing a money transfer, you will receive a reference number; you should share the reference number with the recipient, so they have it on hand when they collect the money. The recipient can visit any MoneyGram agent to receive the funds. The sender and recipient can track the funds using the Track a Transfer tool at MoneyGram’s website.
Receiving a Money Transfer at CVS
When receiving a MoneyGram money transfer at CVS, you will receive the funds in cash. You may want to call CVS before visiting to be sure it has enough cash on hand to complete your transaction.
You’ll need the transaction’s reference number (provided to you by the sender) and your photo ID to complete the transfer. Funds are typically available within minutes of the sender’s transaction, but you do not have to pick them up at a specific time. There is no fee for MoneyGram money transfer recipients.
Final Thoughts
You can move money to CVS or purchase a money order through MoneyGram. Remember, the maximum cost for a money order is $500 with a $1.25 charge.
You have the option to purchase several money orders if you intend to surpass the transaction cap. Please notice that money orders can not be paid in CVS.
In the case of money transfers, charges and limits would be determined on the basis of the amount of money transferred and the expected destination.
Bear in mind that CVS ‘money transfer services and money orders can only be used for cash payments. You can always carry in a valid I.D issued by the government.
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