July 22, 2024
Wondering how to cash a money order? Look no further! This comprehensive guide covers everything from basic requirements to negotiating fees and avoiding scams. Learn how to cash money orders during a global pandemic, as an international customer, and where to find the best value.


Money orders are a popular way to send or receive money, especially for those who do not have access to a bank account or prefer not to use online transfer services. While they are generally considered to be a safe and reliable method of payment, many people may be unsure of how to cash them, where to go, and associated fees and requirements. This article aims to provide a comprehensive guide to cashing money orders.

The Basics of Cashing a Money Order

Before we dive into the details of where and how to cash a money order, let’s cover some basic information.

How to Endorse a Money Order

When you receive a money order, you need to sign the back of it in order to endorse it. In most cases, you will need to include your full name and address, but it is always a good idea to check with the issuing provider for any specific requirements.

Where to Cash a Money Order

There are numerous places where you can cash a money order, including banks, check-cashing outlets, grocery stores, convenience stores, and post offices. We will explore each of these options in more detail later in the article.

Fees Involved in Cashing a Money Order

Most providers charge a fee for cashing a money order, which can range from a few dollars to a percentage of the total amount. It is a good idea to compare fees from different providers to find the best deal.

Identification Requirements

When you go to cash a money order, you will need to show a valid form of identification, such as a driver’s license, passport, or state ID card. Some providers may also require proof of address, such as a utility bill or lease agreement.

The Pros and Cons of Cashing Money Orders

Like any financial transaction, cashing a money order has its advantages and disadvantages. Here are some things to consider.

Advantages of Cashing Money Orders

One of the biggest advantages of cashing a money order is that it is a secure form of payment. Unlike personal checks, money orders cannot bounce due to insufficient funds. Additionally, money orders can be used to pay bills or make purchases without the need for a bank account.

Disadvantages of Cashing Money Orders

One major disadvantage of cashing a money order is the fees involved. Depending on the provider, these fees can be quite high and eat into the total amount of the money order. Additionally, some providers may place a hold on the funds for a few days, which can be inconvenient if you need the money right away.

Alternatives to Cashing a Money Order

If you do not want to cash a money order, there are a few alternatives to consider. You can deposit the money order into a bank account, use it to pay bills directly, or simply return it to the sender for a refund.

Where to Cash Money Orders – Top 5 Options

Now that we have covered the basics, let’s explore some of the most popular options for cashing money orders.

Grocery Stores

Many grocery store chains, such as Walmart and Kroger, offer money order cashing services. This can be a convenient option for those who need to do some grocery shopping anyway. However, the fees may be slightly higher than at other providers.

Convenience Stores

Similar to grocery stores, many convenience stores offer money order cashing services. However, the fees may be even higher at these locations, and they may not be as widely available.


If you have a bank account, you can typically cash a money order at your bank for free. However, if you do not have an account, you may need to pay a fee. Additionally, some banks may place a hold on the funds until the money order clears.

Check-Cashing Outlets

There are many check-cashing outlets that specialize in cashing money orders. While the fees may be higher than at other providers, they are often open late and on weekends, making them a convenient option.

Post Offices

Finally, post offices offer money order cashing services, although the fees may be higher than at other providers. Additionally, not all post offices offer this service, so you will need to check beforehand.

Avoiding Scams When Cashing Money Orders

Unfortunately, there are scams associated with money orders, just like any other form of payment. Here are some tips on how to protect yourself and recognize potential scams.

Tips on How to Recognize Fake Money Orders

Counterfeit money orders can be difficult to spot, but there are a few key things to look out for. First, make sure the money order has the proper watermark and security features. Additionally, check that the amount and payee are correct, and that the spelling and grammar on the form are accurate.

How to Protect Personal Information

When cashing a money order, it is important to protect your personal information, such as your social security number and bank account details. Avoid giving out this information to anyone you do not trust, and be wary of any requests for sensitive information over the phone or via email.

Common Scams Associated with Cashing Money Orders

One common scam involves someone sending you a fake money order for more than the amount owed and asking you to send them the difference. They may claim it is a mistake and ask you to wire the money back to them. However, once you do so, the money order will bounce, and you will be left to cover the costs. Always be wary of any unsolicited money orders or offers that sound too good to be true.

Cashing Money Orders – A How-To Guide for International Customers

If you are an international customer looking to cash a money order in the US, there are a few things to keep in mind.

Explanation of Cashing a Money Order in the US

The process for cashing a money order in the US is generally the same for international customers. However, you will need to provide a valid form of international identification, such as a passport or visa, in addition to any other requirements.

How to Choose the Right Provider

When looking for a provider to cash your money order, make sure they accept international customers and have experience with foreign currency exchanges. Additionally, be sure to compare fees and exchange rates to get the best deal.

Minimizing Hassle

To minimize hassle, make sure to have all necessary documentation with you before you leave for the provider. Additionally, consider using a provider that offers online or mobile cashing options to avoid long lines and wait times.

Maximizing Value When Cashing Large Money Orders

If you are cashing a large money order, it is important to try and maximize the amount you receive.

Negotiating Fees

Some providers may be willing to waive or lower their fees for large money orders. It never hurts to ask!

Choosing the Right Location

Depending on the amount of the money order, some providers may not be able to cash it in full. Consider dividing the amount between multiple locations to avoid losing out on money.

What to Do with the Cash

Finally, make sure to have a plan for what to do with the cash once you have it. Consider depositing it in a bank account or investing it to make the most of your funds.

Cashing Money Orders During a Global Pandemic

With the ongoing COVID-19 pandemic, it is important to stay safe when cashing money orders.

Importance of Staying Safe

Be sure to wear a mask and practice social distancing when entering a provider’s location. Additionally, wash your hands frequently and avoid touching your face.

Avoiding Crowds

Consider cashing your money order during off-peak hours to avoid crowds and minimize your exposure to others.

Using Contactless Payment Methods

Finally, consider using contactless payment methods, such as mobile or online cashing options, to reduce the spread of germs.


In conclusion, cashing a money order may seem like a daunting task, especially for those who have never done so before. However, with the right information and preparation, it can be a safe and convenient way to send and receive money. Remember to compare fees, check identification requirements, and be on the lookout for potential scams.

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