CVS Money Order: Does CVS Do Money Order Or Cashier’s Check?
CVS Money Order: Does CVS Do Money Order Or Cashier’s Check? Yes, you can buy a money order at CVS. CVS sells money orders using MoneyGram, a money transfer service provider. CVS Pharmacy has over 9,900 locations across the United States. If you want to purchase a money order, chances are you can find a CVS near you that offers MoneyGram money transfer services.
A money order is a form of money transfer, like a check. You can use a money order to make a payment for virtually any purchase. Money orders are commonly used to pay for security deposits, bills, used car purchases, or international money transfers.
Money orders can be a convenient way to pay for something with secure, guaranteed funds. They’re popular as a way to pay bills like rent or to send money to friends and family. You can get a money order from many places, including stores dedicated to financial services, your bank or credit union, grocery stores and the post office.
Does CVS Sell Money Orders?
Yes. CVS does offer money orders. CVS issues money orders at its over 9,900 locations across the US. CVS uses MoneyGram money orders, a provider of money transfers and payment services. Note that 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. 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.
What is CVS Pharmacy?
CVS Pharmacy is a United States pharmacy and retail store. CVS also has an online retail store that carries many products found in stores. CVS Pharmacy is a subsidiary of CVS Health. You can find a CVS store in every state in America and in about 3,300 cities.
Reasons Why Use a Money Order
- There are several reasons why using a money order can be a good idea. Money orders are guaranteed. This means that unlike a check, you know an authentic money order won’t bounce, like a personal check could.
- No bank account required. Even if you don’t have a bank account, you can still use a money order to send money to someone.
- Keeps your financial information private. Money orders are also a good way to keep your financial information private. If you want to send money to a friend or family member, you can use a money order so you don’t have to provide banking details like account numbers or routing numbers.
Money Orders vs. Cashier’s Checks
A cashier’s check is similar to a money order, in that both are sometimes used for payment in situations where cash or a personal check would be impractical. Neither can be bought with credit—you have to use cash. But unlike a money order, a cashier’s check is simply a check written by a financial institution against its own assets. This is considered more reliable than a personal check because there is no chance of the check bouncing.
How To Fill Out a CVS Money Order
1. Fill Out You Money Order Amount and Recipient Information
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 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.
2. Fill Out the Purchaser’s Address Section
As the purchaser, you will need to fill in your address information.
3. 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.
4. Then Keep the Receipts for Your Reference
Be sure to hold on to your receipt until you know the payment has been received by the payee.
Alternatives to money orders
1. Electronic transfer:
You can move money from one bank to another electronically in several ways, including mobile apps or wire transfers.
2. Cashier’s or certified check:
With a cashier’s check, you pay the bank, and the bank issues the check from the institution’s account. The money comes from your account with a certified check, but the bank certifies that the check will clear when the recipient goes to cash it.
3. Personal check:
Writing a check is quick and easy if you have a checking account.
Does CVS cash money orders?
You cannot cash money orders at CVS. Cashing a money order is a lot like cashing a check. If you want to cash money orders, your best bet is to visit your bank or credit union, or a post office.
How Does Money Orders Work at CVS?
If you buy a money order, you will have to fill out the name of the recipient on a form and the amount that the recipient should receive. Most money orders have a maximum limit of $1,000.2U.S. Postal Service. “Money Orders.” Therefore, you would need to purchase multiple orders if you need more than that amount.
The financial institution or authorized body that issues the money order to the person paying will have the name of the person or entity being paid, the issuer’s name, and the amount of money that can be cashed.
When you pay for a money order, it comes with a receipt that includes the serial number of the money order. You should keep this information until you’re certain the money order has cleared.
Does CVS do money orders with a credit card?
CVS does not usually accept credit cards to pay for money orders because credit is not a guaranteed form of cash. Your best bet is to use cash or your debit card.
What are CVS money order limits?
The limit for a single CVS cash money order is $500. You can buy multiple money orders if you need more than $500. There are no limits to the number of money orders you can purchase at CVS.
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