Some issuers accept credit card as payment, but it may be processed as a cash advance, which incurs fees and a higher interest rate. 28-Jul-2017 • FAQ. GOP lawmaker's death brings home reality of COVID-19, Jennifer Lopez responds to claims about her looks, What to expect from Biden on student loans, Brady, Brees share special moment after playoff game, Man lived inside airport for 3 months before detection, Trump chided Comey in newly revealed letter draft, Ronnie Spector reacts to Phil Spector's death, Michelle Obama shows off her natural curls in birthday selfie, Mahomes scare offers stark reminder to Chiefs, 'You are outnumbered': Stunning new Capitol video, Why Biden will likely keep Trump's top military adviser. Am I still considered late since the date on the money order is printed 4/3/2015? They are also a little bit of work, even if they’re easily found. If the money order is to someone you know, indicate the reason on the memo line such as "Birthday Gift" or "Debt Payment". You buy a money order from a place that sells them, turning over your cash for a small, printed document that looks a bit like a bank check. Western Union money orders do typically show the time and date. You can purchase money orders from a variety of locations, including banks, grocery stores, and gas stations, making them the ideal way to send money for anyone with cash in hand. You'll get a better deal at Walmart or a money … A money order is the right solution when cash or a check won’t cut it . Performance & security by Cloudflare, Please complete the security check to access. Please enable Cookies and reload the page. What Is a Money Order? Still have questions? Use them to give a gift, make a purchase… Money orders are a form of payment printed on a piece of paper that looks similar to a check. Money orders are generally issued with a maximum value of $1,000 (or $700, in the case of international USPS money orders). Walmart has over 4,700 locations in the U.S. alone. Can’t afford college for my daughter, what to do? A money order is an alternative to checks or cash when a secure payment is needed. Answer. You may need to download version 2.0 now from the Chrome Web Store. Depending on your bank and the type of account you have, the fee may be waived. Another way to prevent getting this page in the future is to use Privacy Pass. Depending on the state you live in and the location where the money order is redeemed, you may be required to pay a service fee to cash your money order if the purchase date on the money order is more than one to three years old. • helpful votes. However, a non-refundable service charge is deducted from the principal amount if the money order is not used within 1 to 3 years of the purchase date. Western Union ® money orders offer a reliable, convenient alternative to cash or a check. Join Yahoo Answers and get 100 points today. Your IP: 193.70.85.86 You have to pay for a money order upfront, which means it's a guaranteed payment—unlike a check, which might bounce. For Postal Service-issued money orders, you’ll have to fill … In addition, the maximum amount a money order can be issued at is $1,000. However, new fintech payment solutions, such as Zelle and Venmo, have emerged. Single money orders are generally limited to less than $1,000. William Lipovsky says: staff. Sorry - yes the date you purchased the money order appears on it - I hope this isn't for you boyfriend. If you do not have a bank account, you can pay your bills with a money order. 7-Eleven. Use this line to fill in any other information you need the person to know. Many of them have MoneyGram locations within them that allow you to purchase a money order. The amount of the money order appears on the face, as does … not expiration dates , the date that you buy the money order, Sorry - yes the date you purchased the money order appears on it - I hope this isn't for you boyfriend, Yes there is an issue date and an expiration date. More. Money orders purchased from an institution other than a bank may be difficult to track. If your money order is lost or stolen, you can use the receipt to submit a claim to the issuer and receive a replacement. When you purchase a money order, you may have to pay a small fee. Money orders are useful for transactions where you can't or don't want to use cash, a personal check, a bank or cashier's check, or a credit card.. Money orders have certain advantages, like being fairly safe to send through the mail because they can be tracked, and they don't let the recipient see any of your bank information. How Does a Money Order Work? 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