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You can buy post office money orders for up to $1,000 each. You’ll pay a $2 processing fee for money orders up to $500. The charge increases to $2.90 for money orders over $500.
If a money order is the right choice for payment, you can opt for any of the following alternatives: P2P payment services, such as Zelle, Cash App or Venmo. Cashier’s check. Wire transfer. ACH ...
In those instances, you’ll need either a money order or a cashier’s check. Typically, money orders are for amounts less than $1,000, and cashier’s checks are recommended for anything higher.
Cashier's checks are backed by bank funds and can be used for large transactions, ... That could mean buying a money order or transferring the recipient’s funds through an app like Zelle.
How much does it cost to buy a money order? ... Banks typically charge $8 to $15 to issue a cashier’s check. — Bankrate’s Matthew Goldberg and Karen Bennett contributed to updates of this story.
A money order differs from a cashier’s check in that: There’s a limit to the amount of each money order, which is typically $1,000. So if you need $2,000 in money orders, you have to purchase ...
You don’t need a bank account to get a money order from the U.S. Postal Service, and a money order is generally much cheaper than a cashier’s check. A USPS money order is up to $3.00, and a ...
Cashier’s check. Money order. Cost per item. Typically $10 to $15. Typically less than $5. Availability. Offered by banks and credit unions, and in some cases, only to their own customers