Are you looking for an easy way to buy and send a money order?
These days, most leading retail chains offer a wide range of financial services. This allows customers to take care of their finances while they do some shopping. The line to take advantage of these financial services is generally much shorter than those in banks.
If you happen to have a CVS close to home, you are likely to wonder, ‘does CVS do money orders?’ well, it’s time to find out…
- About The Service
- How To Purchase Money Orders From CVS
- Cashing Money Orders
- Does CVS Do Money Orders? – The Money Transfer Option
- Money Services At Other Retailers
- Does CVS Do Money Orders? – Final Thoughts
About The Service
CVS boasts more than nine thousand locations throughout the United States. These stores are open around the clock to make purchasing products and services very easy. Fortunately, you can use this financial service in most of the store locations, and the service is provided through MoneyGram. All you have to do is go to a store checkout counter and request the service.
How to pay
You need to pay for this financial service in cash. It is best to prepare the money for the service in advance. This will save you time and trouble when you get to the counter in the store. Other payment methods like gift cards, credit cards, and debit cards are not accepted for this service.
This is due to the fact that the transaction cannot be completed if you do not have sufficient funds.
The fee for processing the service is just $1.25. You can either pay the fee on top of the amount or have it deducted from the total amount you deposit. You need to pay the $1.25 fee for each transaction you make, even if you make several transactions simultaneously.
You are limited to $500 each time you purchase this financial service. However, it is possible to purchase several at the same time if you wish. Dividing the total you want to purchase by several transactions is a quick and easy process.
There is no expiration date for this type of financial service. However, you are likely to be subjected to a monthly service charge if it has not been cashed after a year. Therefore, it is best to cash your money order within a year to avoid the additional fees.
How To Purchase Money Orders From CVS
Using this service is a great option if banks and other services are closed. This financial service is available in the company’s stores around the clock. Here are the steps you need to take to complete the process.
Prepare your cash
Because you can only use cash for this financial service, you need to get it ready in advance. You need to make sure that you have the full amount ready before making the purchase. Bear in mind that you also need to prepare a little extra cash to cover the fee.
Prepare your ID
Once you reach the cash register, you will need to present a form of government-used ID. The best option is your driver’s license or another type of ID with your name and photo on it.
Complete the form
You need to complete the supplied form in as much detail as possible and make sure the information is correct. This includes the details of the payee and the dollar amount. Make sure you use the full legal name of the recipient or the business name to avoid confusion. You also need to write your address in full.
Sign the front
Make sure you sign the front of the money order instead of the back. The space on the front is designed to be signed by the recipient. You will see a line on the back that indicates where you need to sign.
Keep the receipt
You need to hold onto the receipt because this acts as your proof of purchase. It may take a little time for the transaction to be received by the payee. Hold onto your receipt until you receive confirmation.
Cashing Money Orders
It is important to note that this service is not available in the retail stores. However, you can take advantage of this financial service in most banks and credit unions. You need to make sure you take a form of ID with you along with the money order.
Some grocery stores also offer this service, although success is not guaranteed. Calling your preferred grocery store ahead of time can save you a wasted journey. Most retail chains also provide details of the financial services they offer on their websites.
Does CVS Do Money Orders? – The Money Transfer Option
MoneyGram money transfers are a good alternative if you need to send or receive money. You can take advantage of this financial service in most of the company’s stores. Let’s take a look at the processes for both sending and receiving money transfers.
You need to make sure that you bring the right documents with you to the checkout counter to get started. Write the full name of the recipient that is listed on their ID and the recipient’s full address. You will also need to have some form of photo ID.
The only form of payment for this type of financial service is cash. Therefore, you need to have enough cash to cover the transfer amount and the service fees. The amount you will be charged depends on the amount of money that you want to transfer. However, there is no set limit for this type of financial transaction.
Track a Transfer tool…
Once you have purchased the money transfer, you will be given a reference number. It is a good idea to share the reference number with the recipient. The recipient will need to use this reference number when they collect the money transfer. Both you and the recipient can track the funds via the Track a Transfer tool on the MoneyGram website.
You can receive a MoneyGram money transfer at most CVS stores throughout the United States. Bear in mind that the only option you have for receiving your funds is in cash.
This could be a little inconvenient if the money transfer is for a large amount. It is also a good idea to make sure the store has enough available cash available if you choose this option.
Ready in just a few minutes…
Your funds should be ready just a few minutes after the sender completed the transaction. You will need to give the store cashier the transaction reference number that was given to you by the sender. However, there is no time limit for collecting your funds. You will not be charged a fee when you collect your funds in cash.
Money Services At Other Retailers
If you cant take care of your money services at CVS, check out my Does Walmart Do Money Orders, my Does Walmart Cash Handwritten Checks and Does Walmart Cash Personal Checks, as well as my What Time Does Walmart Stop Cashing Checks, and for your shopping, my Does Walmart Accept Afterpay Buy Now Pay Later, and how to use your Walmart Discount Card.
Have you ever thought of working at CVS? Let’s start with the history of the company with our CVS Caremark Mission And Vision Statement Analysis, and if you’re still in school, check out our How Old Do You Have To Be To Work At CVS and our Can Teens Work at CVS, once that’s cleared, is our CVS Pharmacy Application, and finally, our, Does CVS Run Background Checks, if you have a criminal record.
Does CVS Do Money Orders? – Final Thoughts
There are times when you need to handle a transaction that cannot be done with a credit or debit card. This could include paying the deposit for a used vehicle or a new apartment. In these cases, purchasing a money order is a safe and secure way of completing the transaction.
If your closest bank, post office, or credit union is closed, you can swing by your nearest branch of CVS. These stores are open 24/7 and provide a fast and efficient service. If you need to pick up other items, you can also take care of your shopping at the same time.
Hope you get all your shopping done at CVS!