How and Places to Cash a Money Orders Near Me in 2021

Have you heard of money orders but are not sure what they are and where you can cash them. In this article, we will cover how and where to get them.

How and Places to Cash a Money Orders Near Me in 2020

A money order is a secure payment method used to send a prepayment amount. Money orders are a trustworthy way to send cash, especially if a paper check isn’t enough or not available.

You may need to use a money order for a rental security deposit, a purchase of a used car, or for sending money internationally or by mail.

Because money orders are guaranteed, a receiver may prefer a check to this type of payment method. Luckily, money orders are an affordable and convenient way of sending guaranteed money to any recipient of your choice.

How to Cash a Money Order

Follow the steps below to successfully cash out a money order. You can either deposit it into your bank account after receiving your cash, or use the funds for what you need.

Consider unloading your cash as soon as possible so you don’t carry a large sum of money around.

  1. Bring your money order to a place that will cash it out: Your bank, credit union, grocery store, and some retail stores can take the money order. Review our full list of where a money order should be cashed in the section below.
  2. Endorse your money order. Wait to add your signature to the back of the money order until you’re ready to hand it over to the cashier. Then, sign the back of the order to endorse it.
  3. Verify your identity. Show your identification to prove that you’re authorized to cash the money order. Government-issued IDs such as a passport, driver’s license, and military card are all valid forms.
  4. Pay service fees. You may have to pay a fee to cash a money order, although the fees tend to be low. The fees will be deducted from the total amount of cash you collect.
  5. Receive your cash. Place your cash in a safe location prior to leaving the service counter. Consider securing your funds in a money belt or wallet. You may wish to notify the sender that you successfully cashed their money order.

Places that Cash Money Orders Near Me

Your Bank or Credit Union

Any bank or credit union where you have a banking relationship should be able to cash or deposit a money order.

What’s more, they should allow you to make free cash or deposit the money order. (Maybe you can cash a money order at a bank where you don’t have an account, but they’ll probably charge you a fee.)

Using your bank or credit union has several advantages:

  1. You can either cash or deposit the money order.
  2. Once deposited, the funds will be available for online payments and later withdrawals.
  3. As just mentioned, you should be able to cash or deposit the money order free of charge.
  4. Since you likely have other business at your bank or credit union, you won’t need to make a special trip just to cash or deposit the money order.
  5. Your bank or credit union will represent a “second pair of eyes” to review the money order for potential fraud. And since you’re a customer, they may be able to help you resolve it.


Can many people ask you to cash out a money order at Walmart? Good news is, Walmart both sells and cashes money orders from MoneyGram (they do not indicate if they can cash money orders from other issuers, so call the store to verify before making the try).

They charge a fee of $4 to cash a money order. That will naturally apply to each money order you present if you’ve been paid in multiple money orders.

Most Walmart stores do cash MoneyGram money orders, but be sure to check with any location you plan to visit to make sure.

Read: Filling Out Money Order: 2020 Step-by-Step Approach

United States Post Office

The US Post Office is one of the most frequent places for both purchasing and cash money orders.

According to US Post Office’s fee schedule, you will pay $1.25 to cash out a money order of up to $ 500, and $1.70 for up to $ 1,000. The fee is just $0.45 for military postal money orders issued through military facilities.

However, if the US Post Office issued the money order, they will generally not charge a fee to cash it.

One of the major advantages of cashing a money order at the post office is that they have locations in nearly every community across the country.

Kroger – Grocery Stores

Not only are grocery stores a common source for buying money orders, but you can also frequently redeem them at one. However, be careful, as many stores selling money orders do not cash them out. Two examples include Safeway and Publix.

One question that is commonly asked though is, “Does Kroger order cash money?” In addition, to your benefit, Kroger, the country’s largest grocery store chain, is a major source of cashing money orders.

They work with the money orders from Western Union. You will need to check with the local store because fees and limits vary according to the state.

There may be other chains of grocery stores also ordering cash money. First, call the store before attempting, and verify that they do. Also, make sure they cash the kind of money order you have.

If they work with Western Union, MoneyGram money orders probably will not be cashed out.

Check Cashing Services

Checking cashing services are specialized in providing banking-type services to those with no regular banking relationships. That includes both issuing money orders and cashing money.

Money Orders Expire?

The main drawback of using the check-cashing services, however, is that they charge the highest fees possible. If you are attempting to cash a money order at a check-cashing service, be prepared to pay 10 percent or more of the money order amount.

Many will also have a minimum fee for smaller amounts of money order, which could easily exceed 10%.

As a general rule, check-cashing services should be seen as a last resort, and only if you’re prepared to give up a substantial portion of the money order to pay the fees.

Final Say

It can be helpful to use money orders to pay rent, utilities and other bills, because it gives you proof of payment. If you do not want to pay for something by check or cash, consider paying for it using money orders.

Money orders can be a great way to get the payment trackable.

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