Can you make a money order with credit card

If you are thinking about purchasing a money order with your credit card, you may want to call the location of your choice first, to double-check if they will allow the transaction. Our Editorial Policies: The information contained in Ask Experian is for educational purposes only and is not legal advice. Your credit card issuer may not let you go over your limit, even if you’ve opted-in to having over-the-limit transactions processed. By Matt Tatham. Buying a money order with a credit card is possible, but is rarely in your best interest to do so. Nothing could be farther from the truth. Which card would you like to compare?

Plastic Yandex.Money Card

Prepaid credit cards are an increasingly popular method of paying bills and managing money. There are several ways to load money onto these cards, including direct deposit of your paycheck and using cash at approved locations. For increased convenience, you can also use mobile apps to load a check or money order onto your card electronically, and have the credif available in just a few minutes. This article was co-authored by Wifh R. Michael R.

Why Should I Use a Money Order?

A money order is a safe way to send money through the mail or to make payments to companies that have limited payment options. But, if all you have is a credit card, you’re probably wondering whether you can even use it to buy a money order. You can buy a money order with a credit card, but it’s not the smartest or least expensive option. Even though credit card issuers allow you to purchase money orders, there are some drawbacks that are important to consider. Because money orders are a type of guaranteed payment instrument that requires upfront cash, credit card issuers treat them as a cash equivalent transaction. These transactions are handled the same as a cash advance. Check out your credit card agreement and you’ll see the ways that cash advance transactions are far more expensive than purchases and even balance transfers.

Can You Buy a Money Order With a Credit Card?

Prepaid credit cards are an increasingly popular method of paying bills and managing money. There are several ways to load money onto these cards, including direct deposit of your paycheck and using cash at credjt locations. For increased convenience, you can also use mobile apps to load a check or money order onto your card electronically, and have the money available in just a few minutes.

This article was co-authored by Michael R. Michael R. Lewis is a retired corporate executive, entrepreneur, and investment monet in Texas. Categories: Money Transfers. Log in Facebook Loading Google Loading Civic Loading No account yet? Create an account. Edit this Article. We acrd cookies to make wikiHow great. By using our site, you agree to our cookie policy. Article Edit.

Learn why people trust wikiHow. Co-authored by Michael R. Lewis Updated: Wiht 29, There are 6 references cited in this article, which can be found at the bottom of the page. Decide what the purpose of this card is.

Prepaid credit cards serve a variety of purposes, mxke on what the user’s need is. Some people use them if they have bad credit and don’t qualify for a credit card, while others use them to teach teenagers fiscal responsibility. By deciding your purpose for the card, you can come to a better conclusion of which card to choose. Look at the fees involved. Yoy all prepaid cards involve orser fees, but not all cards have the same fees.

Read wihh fine cna when choosing a card to see what fees the card will charge you. Add up all associated fees to see which card is best for you. See what fees are avoidable and unavoidable. For example, you can avoid high ATM fees by not withdrawing money.

However, you can’t avoid a monthly fee for keeping the card open. See what features the card offers. Just like cards have different fees, they also offer different features and services. By narrowing down what is important to you, you’ll be able to decide which features are necessary and which ones aren’t. Some typical features of prepaid cards are: [2] Direct deposit of your paycheck. Connection to a bank account.

Theft and fraud protections. Reward points. Find out if a card is compatible with mobile banking apps. The way to electronically load checks and money orders onto your card instantly is with apps.

If a card isn’t compatible with mobile apps, you won’t be able to deposit money orders electronically. Use a side by momey comparison tool. Some websites offer comparisons of the numerous prepaid cards that are available. You can answer a few questions about what you’re looking for out of a prepaid card, and with that information the site will give you a few cards that would be good matches for your needs.

Try one of these if you’re stumped about which prepaid card to. Download a mobile banking app. Some apps allow you to photograph checks and money orders and load them onto your prepaid card. You’ll need this ability to electronically load money orders to your card. Search for one of these apps in the orxer store and download it onto your smartphone. The Ingo app is the most popular of these apps. It can be linked to most of the major prepaid cards.

Link your card to the mobile app. Once you download the app, it is usually orcer a czrd of typing the card number into the app. It is then synched to your card, and you can electronically load checks and money orders. Purchase a money order. Money orders can be purchased at US Post Office locations, banks, credit unions, retail stores like Noney, and some grocery stores.

In this case, you would make it out to yourself, so fill in all the necessary information. Write as neatly and clearly as possible. Money orders must be purchased with cash or a debit card.

Credit cards are usually not accepted. Read Get a Money Order for more details on buying and filling out a money order. Photograph the money order. With a mobile app, you can photograph checks and money orders to instantly load them onto your card. Lay the money order on a flat, well-lit surface. Line up the money order with your smartphone camera. Then photograph the front and back of it. Submit the photo. Wait a few minutes. After you submit the photo, the app must approve it and load it onto moneey card.

This usually takes a few minutes. Check your balance before making any purchases to make sure the money loaded onto the card successfully, then go use your card normally.

Yes Yok. Not Helpful 0 Helpful 2. Andrew Serrano. You might be better able to withdraw cash from one ATM and deposit into another, however over the phone without conducting a wire, this usually can’t be.

You can cash the money order and take it to a store mney sells prepaid cards, or have the money order made out to the store that sells prepaid cards, i.

Not Helpful 3 Crexit 7. Most will not allow you. You may have to go online or to your bank to do. Not Helpful 1 Helpful 4.

Money order got lost in the mail. If I have the receipt number, will I be jake to transfer the funds to my debit card? If a money order is lost, there is a length dispute process that has to play.

Most money orders are only valid for 60 — 90 days. Depending on the issuer, they may opt to wait out the expiration period and if the money order is never cashed, then they will only reissue the money order. If you choose to take that wwith deposit into your bank account, you may, but they will not issue back a refund, just a reissue of the money order.

Not Helpful 0 Helpful 1. This all depends on your card holder, each has a specific set of rules. You may be able to mail the money order, however, because of the high potential of fraud, most won’t allow monej.

You may be able to cash the money crefit at the place it was issued from MoneyGram, post office. Not Helpful 1 Helpful 1. This largely can you make a money order with credit card on the card issuer. If you have personalized the card where you have provided your personal information, they may loosen a few restrictions. You may be able to prder the routing and account number they provide for direct deposit to receive a deposit.

Best to call your card issuer and ask. Unanswered Questions. Answer this question Flag as Flag as Include your email address to get a message when this question is answered.

Transfers through Western Union

Advertiser relationships do not affect card evaluations. Start Now See Your Offers. If you have local branches of the banks that issue your credit cards, they will be happy to accept money orders as payments against your credit cards. Our Editorial Policies: The information contained in Ask Experian is for educational purposes only and is not legal advice. While Experian Consumer Services uses reasonable efforts to present the most accurate information, all offer information is presented without warranty. Money orders come with a fee more often than not, but the fees vary depending on where you are purchasing the money order from and how much it is. Find out now: Which credit card is best for you? While you could technically buy a money order with a credit card, the bottom line is that it might be too complicated and too costly. The essential thing to remember here is how the bank treats the two kinds of transactions:. Western Union and 7-Eleven are currently two places that you can buy a money order with a credit card. Once all the information is added, you sign the front of the money order and then oredr it or give it to the czn person or business.