A money order is a safe and reliable way to send or receive payments when you don’t want to use cash, checks, or digital apps. In the United States, money orders are widely available at places like post offices, banks, credit unions, and retail stores. But how much does a US money order cost in 2025? The cost depends on where you buy it and the amount of the money order. Below, we break down the latest details in simple terms.
What is a Money Order?
A money order is a prepaid document that guarantees payment to the recipient. It’s like a check but safer because the money is paid up front, so it won’t bounce. You can buy them at various locations, and they’re often used for things like paying bills, sending money to family, or making purchases when cash isn’t an option.
Where to Buy a Money Order and Its Costs?
The cost of a money order varies depending on the issuer and the amount. Here’s a look at the most common places to get a money order and their fees based on the latest information:
1. United States Postal Service (USPS) Cost:
- For money orders up to $500: $2.10
- For money orders between $500.01 and $1,000: $2.90
- International money orders (up to $700): $15.75
Details: USPS money orders are popular because they’re affordable and widely accepted. You can buy them at any post office. They’re good for amounts up to $1,000 for domestic use and $700 for international use.
Note: Military post offices charge a lower fee of $0.65 for domestic money orders.
2. Banks and Credit Unions
Cost: $0 to $10 (varies by bank)
Details: Many banks and credit unions offer money orders, but fees depend on the institution. For example:
Some banks, like Chase or Wells Fargo, may charge $5–$10 per money order.
If you have an account with the bank, they might waive the fee or charge less (e.g., $0–$3).
Tip: Check with your bank or credit union for specific fees, as they can differ.
3. Retail Stores (Walmart, 7-Eleven, etc.)
Cost: $0.70 to $1.50 (varies by retailer)
Details: Stores like Walmart, 7-Eleven, and grocery chains often sell money orders at low prices. For example:
Walmart charges around $0.88 to $1 for money orders up to $1,000.
7-Eleven fees vary by location but are typically under $1.50.
Note: Retailers usually partner with services like MoneyGram or Western Union, and there may be a limit on the money order amount (often $500 or $1,000).
4. Western Union or MoneyGram
Cost: $0.99 to $5 (varies by location and amount)
Details: These services are available at many retail locations, pharmacies, and check-cashing stores. Fees depend on the amount and where you buy the money order. For example:
A MoneyGram money order at a convenience store might cost $0.99 for up to $500.
Western Union fees can go up to $5 for larger amounts.
Tip: Fees may be higher if you use their services for international transfers.
Additional Costs to Consider
Replacement Fees: If a money order is lost or stolen, replacing it can cost $5–$30, depending on the issuer. For example, USPS charges about $7.40 to replace a lost money order.
Cash-Out Fees: Some places charge a fee to cash a money order, typically $1–$5, though many banks and credit unions cash them for free if you have an account.
Limits: Most money orders have a maximum limit of $1,000. If you need more, you’ll have to buy multiple money orders, which means paying multiple fees.
How to Save on Money Order Costs?
Compare Fees: Check fees at different locations near you. Retail stores like Walmart often have lower fees than banks.
Use Your Bank: If you have a bank account, ask if it offers free or discounted money orders for customers.
Buy at USPS for International Needs: USPS offers affordable international money orders compared to other services.
Avoid Unnecessary Services: Stick to basic money orders and avoid add-ons like tracking unless needed.
Why Choose a Money Order?
Money orders are a great option because they’re secure, widely accepted, and don’t require a bank account. They’re especially useful for:
- Paying rent or bills when a landlord doesn’t accept checks or digital payments.
- Sending money to someone in another country.
- Making purchases from sellers who don’t trust personal checks.
In 2025, the cost of a US money order typically ranges from $0.70 to $10, depending on where you buy it and the amount. USPS offers some of the lowest fees for domestic and international money orders, while banks and retailers like Walmart provide convenient options. Always check the specific fees and limits at your chosen location to avoid surprises. By comparing prices and using any account benefits, you can keep costs low while enjoying the security of a money order.
Read More about:
How is a money order done in the USA in 2025?
How to Fill Out a Money Order in the USA 2025?
0 Comments