Money orders are still widely used, even in a digital age. Many people wonder, can I buy money order with credit card today? It’s a common question because some prefer using their credit card for convenience or rewards. However, purchasing a money order this way is not as simple as swiping a card.
If someone tries to get a money order using credit, they may face restrictions or extra costs. Most places want cash or debit for these purchases, making credit use tricky. It’s important to know the rules before trying.
What is a Money Order?
A money order is a paper payment similar to a check. It’s a safe way to send funds when you don’t want to use cash. Many people choose them for rent, bills, or personal transactions because they don’t bounce like checks.
They are prepaid, which means the buyer pays upfront. This gives the recipient confidence that the money is good. A receipt is provided so the buyer has proof of purchase, which is helpful if the order is lost or stolen.
Why Do People Use Money Orders?
Money orders help when someone doesn’t have a checking account. They are also useful for sending payments by mail without sharing sensitive banking details.
Some landlords or government offices still require them because they are guaranteed funds. For many, this payment method is safer than mailing cash or using personal checks.
Can I Buy Money Order with Credit Card at Major Retailers?
If you are asking can I buy money order with credit card, the answer is usually no at places like Walmart or the post office. They do not allow direct credit card use for this purchase.
They accept debit cards, cash, and in some cases traveler’s checks. But most locations consider credit cards a risk for fraud when buying money orders. They treat this transaction as if it were a cash advance, which could lead to high fees.
Where Can You Buy Money Orders?
Money orders are available at several locations in the United States and around the world. Here are some of the most common places where you can buy one:
| Location | Accepts Credit Cards? | Other Payment Methods |
| Walmart | No | Cash, Debit |
| USPS (Post Office) | No | Cash, Debit, Traveler’s Checks |
| Western Union | Sometimes (if online) | Cash, Debit, Bank Account |
| MoneyGram | No (in person) | Cash, Debit |
| Banks and Credit Unions | Rarely | Cash, Debit, Account Withdrawal |
Most in-person services prefer cash or debit cards. If you try to use a credit card, they usually decline. However, online services may accept them with restrictions.
Can I Buy Money Order with Credit Card Through Online Providers?
Some online platforms allow you to use credit for purchasing money orders, but it’s not common. They might partner with credit card processors, but it often results in additional fees.
When someone uses their credit card online for this purpose, the company may treat the transaction as a cash advance. That means there will be no grace period, and interest starts from day one. This makes the cost much higher than using a debit card or cash.
If they decide to proceed, it is smart to check their credit card’s terms first. The interest rate for cash advances is usually between 20% and 30%, which is much higher than normal purchase rates.
Why Credit Card Use for Money Orders is Risky?
The reason stores avoid letting people pay with credit for money orders is because of fraud concerns. It is easier to use stolen credit cards for instant value items like money orders.
Also, card companies and payment networks charge higher fees for processing these transactions. For the seller, allowing credit cards for this kind of purchase is costly and risky.
For the buyer, using credit this way often results in unexpected charges. Credit card companies may charge:
- Cash advance fees that are typically 3-5% of the purchase amount.
- Immediate interest charges without the usual grace period.
- Loss of rewards because cash advances do not qualify for points or cashback programs.
How Does a Cash Advance Work?
If they cannot buy a money order directly with their credit card, they could take out a cash advance and then use that cash. But this method is expensive and not recommended for most people.
Here is an example of how the costs might add up:
| Transaction | Amount |
| Money Order Cost | $500 |
| Cash Advance Fee (5%) | $25 |
| ATM Fee | $5 |
| Interest (Monthly Estimate) | $10+ |
| Total Cost | $540+ |
As you can see, buying a money order with cash from a cash advance can add up fast. If someone repeats this process regularly, the extra costs will pile up quickly.
Are There Alternatives to Buying Money Orders with Credit Cards?
Yes, there are safer and cheaper alternatives. People can use debit cards, prepaid cards, or bank transfers instead. If they do not have a bank account, some services allow mobile payment apps like Venmo or PayPal.
Some banks also offer cashier’s checks, which work similarly to money orders. These checks are guaranteed by the bank and are often accepted for large payments.
For smaller amounts, a personal check or electronic transfer might be easier and cheaper. Many landlords and bill collectors now accept electronic payments, making money orders less necessary.
Can I Buy Money Order with Credit Card for International Transfers?
If someone needs to send money overseas, they might think of using a money order. But international transfers usually work better with services like Western Union or online transfer apps.
If they still prefer a money order, they can visit their bank to request an international money order. These usually require cash or funds from their bank account, not credit.
Some online services for international transfers may accept credit cards, but fees are high. It’s better to compare the costs before choosing this route.
Important Things to Remember
Before deciding to buy a money order with a credit card, always check the terms and conditions. Credit card companies treat these transactions differently from normal purchases. They may have higher fees and no rewards.
It is always wise to consider whether the extra cost is worth the convenience. Many find that using a debit card or cash is much cheaper and simpler in the long run.
If they must use a credit card, it’s smart to pay off the balance immediately to avoid high-interest charges. Leaving a cash advance balance unpaid for even a few days can become very costly.
Frequently Asked Questions
Can I buy money order with credit card at the post office?
No, the post office requires cash, debit, or traveler’s checks. Credit cards are not accepted for money orders.
What happens if I try to use a credit card anyway?
Most stores will decline the transaction or process it as a cash advance, leading to extra fees and interest.
Are there online services that let me buy a money order with credit card?
Some online services accept credit cards for similar transactions, but they charge high fees. It is not common for them to allow this.
Is a cash advance a good idea for buying money orders?
A cash advance is usually not recommended due to high fees and immediate interest. It should only be used in emergencies.
What is the safest way to buy a money order?
The safest and cheapest way is to use cash or a debit card. This method avoids extra fees and prevents debt.
Conclusion
The answer to can I buy money order with credit card is more complicated than a simple yes or no. Most places do not allow direct purchases with credit. They prefer cash, debit cards, or funds from a bank account.
If someone chooses to use a credit card anyway, they may face high fees and interest. This happens because the credit card company treats the transaction like a cash advance.
For people who need to send secure payments, a money order is still a good option. But it is better to fund it with cash or debit to avoid extra costs. When in doubt, it’s always smart to ask the provider about their policies before attempting the purchase.
Understanding the rules helps avoid surprises and ensures the transaction goes smoothly. It also helps protect their budget from unnecessary fees and interest. If they follow the right steps, they can use money orders wisely and safely.
Also, Read Indigo Credit Card Application Made Easy
