Where Can You Cash A Usps Money Order? (List Of Places)
United States Postmaster General
June 16, 2020
1957 (age 64)
New York City
Money orders allow you to send and receive money quickly and easily, even if the recipient does not have a checkbook or a debit card.
One of the United States’ most vital organizations, the Postal Service sells money order at a low price in most of its locations.
However, if one is received, how do you cash it? Is there a location near me? Here is what you need to know.
Where Can You Cash A USPS Money Order In 2022?
USPS money orders can be cashed in many places including Post Office locations as well as some banks and convenience stores. While the Post Office cashes USPS money orders for free, doing it elsewhere will likely incur a fee.
Below is a listing of places, such as banks, that you can cash your USPS money order or deposit it.
Post Office locations – The Post Office obviously cashes their own money orders, and bonus: they do it for free.
Bank of America — This bank won’t cash money orders until you open an account.
Capital One – If you have an account, they will cash your money order.
Additionally, you must have at least the amount on the money order in your account if you want to receive the money in cash.
In this case, the money can be deposited into your account.
Fifth Third Bank-These locations can cash a money ordnance even for people who don’t hold an account.
Chase Bank: To withdraw cash you must open an account.
Regions-Non-account Holders Can Cash Their Money Orders at Regions Locations For A Five Percent Fee
PNC Bank is a regional banking institution based out Pittsburgh. In order to cash your money order, you need an account. There may be restrictions.
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 supermarkets: To ensure that Albertsons cashes your money orders, check the website or phone ahead
Kroger grocery shops: There are over 2700 Kroger locations across the U.S. Some Kroger stores can cash money orders at a nominal fee. To make certain, check ahead.
Can Banks accept USPS Money Orders
Yes, many banks do cash USPS money orders.
Bank of America, Chase, Wells Fargo and others require an account to cash your money order.
Many of these money orders require that you hold the amount shown on the check in the account so the money can be transferred to your cash account.
If your bank has a cashier, they can be used to cash the USPS money orders.
Check your bank’s website or ask the next time you visit to see if they do money order cashing for their patrons. Most likely, it’s free.
Some banks, including the Regions chain of banks will permit non-account holders in cash money orders at their location. You’ll have to 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.
You will still be required to pay a fee but it is significantly less than that you would have paid at Money Mart.
However, it is important to do some research on the various fees available in your locality.
How can anyone cash a USPS Money order?
The USPS money order must be cashed by the sender.
You cannot, therefore, send someone in your place if you can’t make it to the Post Office on a given day.
Money orders should be treated just like checks. To receive funds, you will need to have proper identification and a signature matching the money order.
Can You Mobile Deposit A USPS Money Order?
Mobile check deposit is possible at many mobile banks, however money orders require a separate app.
Bank of America, a large bank, does not permit mobile money deposit. They do however cash the orders in-person for account holders.
However, big banks like Citibank and Fifth Third Bank offer mobile money order deposits services through their apps.
Huntington Bank is another regional bank offering a mobile money ordering deposit option.
How can you 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.
Take your USPS money order to a cashier and bring it along with you.
You should not sign the document yet. 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. This is very similar to cashing checks.
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 cashed at any U.S. location and are an excellent alternative to cash or debit card payments.
The best and most obvious is Post Offices, but many banks, check-cashing locations and some grocery stores will do so – though often for a pesky fee.
.Where Can You Cash A Usps Money Order? (List Of Places)