Where Can You Cash A Usps Money Order? (List Of Places)
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Louis DeJoy
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75th United States Postmaster General |
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Assumed office June 16, 2020 |
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| President |
Donald Trump Joe Biden |
| Deputy | Douglas Tulino |
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Preceded by |
Megan Brennan |
| Personal details | |
| Born |
1957 (age 64) [1] New York City , New York , U.S. |
| Political party |
Republican |
| Spouse(s) |
Aldona Wos |
| Children | 2 |
| Education |
Stetson University ( BBA ) |
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Money orders are an affordable and convenient way to give and receive money when the parties in question do not have a checking account, debit card or checkbook.
As one of the most essential organizations in the U.S., the Postal Service sells money orders for a low rate at most of their locations.
However, if one is received, how do you cash it? Is there a location near me? Here is what you need to know.
Are You Looking for a Place to Cash a USPS Money Order in 2022
A wide range of US Postal Service money orders may be cashed anywhere, including at Post Office locations or banks. Although the Post Office can cash USPS money orders free of charge, it will most likely cost you a fee to make them elsewhere.
This is a complete list of all locations where your USPS money orders can be cashed or deposited.
Post Office locations: This is where you will find the Post Office.
Bank of America- If you already have an account, this bank will cash your money orders.
Capital One – Another large financial institution, which will cash your money orders if they have an account.
In order to get the cash you have to be able pay the money.
In this case, the money can be deposited into your account.
Fifth Third Bank — These branches will cash an order for money even if you don’t have a bank account.
Chase Bank – To get cash from Chase Bank, you need to have an account.
Regions – For a fee of five percent, non-accountholders can cash money orders at Regions branches.
PNC Bank is a regional banking institution based out Pittsburgh. In order to cash your money order, you need an account. Some restrictions may apply.
Wells Fargo- You must open an account at Wells Fargo. To make a deposit you will need the funds amount.
Check-cashing locations like: Check Into Cash, Money Mart and United Check Cashing; there are also the locations with the steepest fees.
Albertsons grocery shops: Visit the website for more information or to place an order, and make sure that your area cashes.
Kroger grocery stores: With over 2700 locations in the U.S., some Kroger stores will cash money orders for a fee. Make sure to verify this before you go.
Will Banks Take USPS Money Orders
Yes, many banks do cash USPS money orders.
Some banks require accounts, including Chase, Bank of America and Wells Fargo. However, they may not cash money orders until you open an account.
You will need to keep the check and the amount of the check in order to get the money order in cash.
You can cash a USPS money Order if you already have an account with a bank.
You can check your bank’s site or inquire next time you go to find out if they offer money order cashing. It is likely that they offer this service for no charge.
Some banks, like the Regions chain, will allow non-account holders to cash money orders at their locations, but you’ll pay a fee.
Banks that are willing to accept USPS money orders for non-account holders, in my opinion, is a better option than check-cashing facilities.
Although you’ll still need to pay an additional fee, the cost is still lower than what you might pay at a Money Mart.
Make sure to research all fees and options available for your location.
Are USPS Money Orders refundable?
The USPS money order must be cashed by the sender.
It is impossible to have someone send your money if there are no time constraints.
Money orders are treated very much like checks, and proper ID (as well as a matching signature on the money order) is required to receive the funds.
Can You Mobile Deposit A USPS Money Order?
While many banks with mobile apps allow mobile check deposits, money orders are a different story.
Even a major bank like Bank of America does not allow mobile deposit of money orders (though they do cash them in-person, for account holders).
Mobile money order deposit options are available for big brands like Citibank, Fifth Third Bank, and Wells Fargo.
Huntington Bank, a regional bank, also offers a mobile money deposit option.
What is the best way to cash a postal money order?
USPS money orders are great because they are easy to obtain from the many Post Office locations around the country, and they’re simple to cash, too.
You can simply find the location where USPS money is cashed and bring that with you to the building.
It is not necessary to sign it immediately. You will sign it (or “endorse” it) in front of the teller/cashier.
Be sure to show your ID to prove that you are the intended recipient of the money order
That’s really all you have to do on your end. It’s very similar to cashing a check.
For more information on USPS, please visit our post about whether USPS sells money, how USPS charges for weight, size and if USPS accepts Apple Pay.
USPS money orders can be used as an alternative to debit cards or checks. They are also easily cashed at many places in the U.S.
Post Offices is the most convenient and obvious option. But many banks, check-cashing places and grocery stores can do it – sometimes for a fee.
.Where Can You Cash A Usps Money Order? (List Of Places)