Even in this technological age, money orders are a popular way to pay for your goods, whether in-store or online. They make cash payments safer and also take the stress out of carrying around large amounts of money with you.
If you frequent one of the 1,938 Target locations across the US, you might find yourself asking, “Does Target do money orders?” Let’s find out…
- Target And Money Orders
- Where Can I Get A Money Order?
- Does Target Do Money Orders – How Much Is It?
- Are They Easy To Fill Out?
- What Can I Use A Money Order For?
- Want To Know More About Target Return Policies?
- Does Target Do Money Orders? – Final Thoughts
Target And Money Orders
Unfortunately, it’s a no. As of October 2023, Target doesn’t supply money orders to its customers. Nor do they cash them or accept them as a form of payment, either in-store or online. In fact, Target has never dealt in money orders, and with the likes of the Target App and pre-paid target cash cards, it’s doubtful that they ever will.
Read more: Reasons Money Doesn’t Buy Happiness
What Exactly Is a Money Order?
Well, a money order is a certified piece of paper that has a monetary value. It’s like paying by cash, only safer. It works in a similar way to a check, in that you’ll need to provide the payee’s and your details.
These added security measures make it almost impossible for anyone except the intended recipient to cash it out. Plus, it will never bounce like a check can, as it is a pre-paid order. Meaning you’ll need to pay upfront the amount you want the order to be, as well as a small processing fee before it becomes valid.
Where Can I Get A Money Order?
If you need to get a money order, you can head to several places, including other superstores, pharmacies, supermarkets, and convenience stores. Here is a list of places where you can purchase money orders.
Money orders are prepaid and don’t include your banking account information. You can purchase money orders from these locations with your debit or pre-paid cash card, cash, or traveler’s checks. Some locations might offer payment with credit cards or checks but not many. Most institutions prefer to have the “money up front” rather than depending on credit lenders.
Does Target Do Money Orders – How Much Is It?
You can be charged anywhere between $0.89 and $4.99 for each money order, and most have a limit of $500 – $1000. As this fee is on top of the amount you are purchasing the money order for, the actual amount payable will be a combination of the money order amount + the fee. This total will need to be paid in full before being given the money order.
For example, if you were to get a money order at Publix, you will be charged a small fee of between $0.89 – $0.99. Say you need a $360 money order. The fee for providing this service is $0.94. So the total amount payable is $360 + $0.94 = $360.94.
The Post Office fees are different…
However, if you are at the United States Post Office to get a money order, you’ll see that things work a little differently. For a money order to the value of $500, you’ll need to pay an extra $1.65. And, for a money order between $500.01 – $1000, the fee increases to $2.20.
These are just a few examples of the different costs of money orders. It’s always best to check limits at each location to see how much they differ. Also, it’s important to note that even though some locations will sell you a money order, they might not cash them for you.
Are They Easy To Fill Out?
Yes, Money orders are easy to fill out; you will just need some basic details to complete them.
Make sure you have the following information:
- Recipient’s name
- Recipients address
- Payment amount
- Your name and address
- Details on what the payment is for
Once you have copied out the information in the correct boxes, simply hand back the form with payment to your associate to complete your order.
What Can I Use A Money Order For?
Money orders are a great way to add an extra level of security when you are paying for things in person. Or for your purchases made online. They are a simple and efficient way to access money, especially for those of us who don’t have access to a bank account.
You can use your money order to pay for things, especially if it’s a transaction with an online seller whom you’ve never met. Plus, you have additional peace of mind when carrying money orders around instead of large amounts of cash.
Send your money gift safely…
They make a great way to safely send cash gifts for birthdays or anniversaries and to pay off your bills. Sometimes a safer, more secure form of payment or money exchange is needed, and the great thing about money orders is that you just need a government-issued I.D. to get them cashed.
Always keep your receipt. If you have any problems with the payment, or you would just like to keep track of the money order, then your receipt is crucial. All of the money order details are printed on this, and with it, you can check if it has been cashed or not. If you run into an issue, you can prove that you sent it and to whom it was being sent.
Want To Know More About Target Return Policies?
Sometimes impulsive buys are not the best idea, so let’s take a look at the return policies at Target! Starting with the Target Return Policy After 90 Days, as well as the Target Return Policy Without Receipt if you’ve misplaced yours.
Next, we move on to the beauty side of things with the Target Makeup Return Policy and the Target Clothing Returns Policy. Or, if you’re expecting, take a look at the Target Baby Registry Return Policy and the Target Diaper Return Policy for 2023.
For your future shopping trips, you might want to know more about When Does Target Restock, Does Target Sell Amazon Gift Cards, and the different payment options such as Does Target Take EBT or Does Target Take WIC?
Does Target Do Money Orders? – Final Thoughts
Target does not sell money orders. Nor do they cash them or accept them as a form of payment in any of their stores or online.
However, there are a lot of other establishments that do provide the services of both buying and cashing money orders. These include other big box stores, supermarkets, corner shops, banks, and the United States Post Office. Remember, each store sets its own fee for the service, as well as the limits they will make money orders.
Always remember to keep your receipt until the money order has been delivered and cashed for extra peace of mind.
Good luck sending your next money order!