Does CVS Do Money Orders in 2022?
There are many retail chains in the US. now offer check orders as a service to their customers. That’s why “Does CVS offer money orders?” is a commonly asked question these days. Here are a few of the most typical queries regarding CVS Money Order.
Why then would you want to purchase money orders from CVS when banks give them away for free?
You may want to purchase money orders at CVS primarily for convenience’s sake. One excellent way to avoid making a separate trip to the bank, save time, and save money on gas is to purchase a money order at CVS when picking up a prescription.
Eliminating pointless spending is a great way to save $10,000 annually. Additionally, you might want to purchase money orders after banks close at night. The question is: Does CVS offer money orders?
Does CVS Do Money Orders 2022?
The fact that you can buy a money order at CVS might surprise you. The business makes use of MoneyGram to provide this service. If this type of financial product is unfamiliar to you, a money order is a document that ensures the recipient will receive a specific sum of money. They may be employed to send cash to loved ones and friends or pay bills.
You’ll have to pay cash if you want to purchase a money order at CVS. You’ll get a receipt for your purchase and your total will be reduced by the amount of the money order. When deciding how much to buy, keep in mind that there is a small fee of $1.25 for each money order.
Additionally, CVS limits the daily purchase of money orders by customers to $500.
Do All CVS Stores Sell Money Orders?
You might be wondering whether this service is available at all CVS locations now that you know that the company does sell money orders. Yes, you can buy a money order at the checkout counter in any CVS location. Finding one shouldn’t be difficult because the company has more than 10,000 locations in the country.
When you go to purchase one, you should, however, be prepared with a current, government-issued photo ID. This is due to the fact that CVS must confirm your identity in order to abide by anti-money laundering laws.
Further Reading:
How to Get a CVS Money Order?
To obtain one, you must go to the store and present your ID to the cashier. The cashier will validate your ID before approving the transaction. You will have to pay a $1.25 fee, and you can buy up to $500 in total.
In order to ensure that you can complete as many transactions as you like, remember to bring everything that is necessary.
The Cost
The processing fee for the service is just $1.25. Either pay the fee in addition to the deposit or have it deducted from the total amount. Even if you conduct multiple transactions at once, you must still pay the $1.25 fee for each one.
Limits
Each time you use this financial service, you are only allowed to spend $500. However, if you want to, you can buy multiple ones at once. It is quick and simple to divide the desired purchase amount by several transactions.
Expiration
For this kind of financial service, there is no time limit. If it is not cashed after a year, you will probably have to pay a monthly service fee. Therefore, it is best to cash your money order within a year to avoid the additional fees.
How to Purchase Money Orders from CVS?
If banks and other services are closed, using this service is a great alternative. This financial service is always accessible in the company’s retail locations. Here are the steps you need to follow to finish the procedure.
Prepare Your Cash
This financial service only accepts cash, so you must prepare it beforehand. Before making the purchase, you must confirm that you have the entire sum available. Remember that you will also need to have some extra cash on hand to pay the fee.
Prepare Your ID
You will need to show a type of government-issued ID when you get to the cash register. Your driver’s license or another form of ID with your name and picture on it is the best choice.
Complete the Form
You must accurately and completely fill out the provided form, giving as much detail as you can. This includes the payee’s information and the payment sum. To prevent misunderstandings, make sure to use the recipient’s full legal name or the company name. Additionally, you must include all of your address information.
Sign the Front
Make sure you sign the front of the money order instead of the back. The front includes a place for the recipient to sign their name. There will be a line on the back that tells you where to sign.
Keep the Receipt
The receipt serves as your proof of purchase, so you must keep it. The payee may need some time to receive the transaction. Keep your receipt until you get confirmation.
Can You Cash a Money Order at CVS?
Unfortunately, CVS does not allow customers to cash money orders. Therefore, you must visit a bank or credit union if you need to cash a money order. But before you start, make sure to inquire about any fees that might be applicable for cashing a money order.
Also required when cashing a money order is your ID. In order to cash your money order, you must first take care of that if you don’t already have one.
How Can Others Use My Money Order?
If you want to give someone else access to your check orders, be sure to properly write down and sign all the necessary information. The cashier will complete your request after receiving it.
Other people are now free to use the receipt however they please after you receive it. Keep your receipt, though, so you can monitor the process overall and let us know if anything goes wrong.
FAQs
Does Walgreens Do Money Orders?
Although Western Union has a kiosk in their stores, Walgreens does not offer money orders. So, rather than using money orders, you can use money transfers, also known as wire transfers.
Does Circle K Do Money Orders?
The majority of Circle K Stores offer money orders.
Final Thoughts: Does CVS Do Money Orders?
You can stop by the closest CVS branch if your neighborhood bank, post office, or credit union is closed. These businesses offer quick and effective service and are open twenty-four hours a day. You can do your shopping and pick up other items at the same time, if necessary.
It’s important to note, though, that CVS only sells MoneyGram money orders; it does not cash them. Money orders purchased at CVS can be cashed at a bank, credit union, or other locations that cash checks.
