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So you’ve received a money order and you need to know where you can cash it…

Not a problem.

I want to give you a quick walkthrough on the process of cashing a money order and how to do it the right way. More importantly, I will tell you about all the places to cash money orders in your area.

How should you treat a money order?

A money order is really similar to a personal check. You can cash a money order at similar places where you cash personal checks. I know sometimes people don’t have a bank account and need ways to cash money orders, or just want cash right away and don’t want to deposit the funds into any account. I’ll get into more about this later.

You should be able to cash a money order with the same company it was issued from. Check this list of places to get a money order for a list of money order issuers and links to their locations in your area.

Where To Cash A Money Order

1. At the place of issue

Look at your money order. On the top left or right corner there should be a company logo of where the money order was issued. For example, it could say U.S. Postal Service, or CVS, or a banks name. This is one of the best places to cash your money order. Some companies will not cash another companies money order. For example, if a money order that was purchased from U.S. Postal Service may be refused to be cashed by a grocery store that sells money orders.

But if you go to the original place of purchase (the company, you don’t have to visit the exact location it was purchased from), then you shouldn’t have any problems cashing your money order. You will probably be required to present I.D., but you should get your money without any issues. Another reason why you want to visit the place of purchase is because they are likely to charge you no fee’s or smaller fee’s for cashing the money order. It will depend on each company’s policy. You’ll find out when you get there.

2. At your bank

Another great place to deposit your money order or cash it is at your bank. Most people own a bank account so this is a fantastic option for many people. The nice thing about going to your bank is that you can deposit the money order into your account, instead of getting cash right away. Sometimes you don’t need the money right now, and it’s safer to have the money in your savings account rather than with you. But, you can also cash it and get your money immediately.

Banks will cash or deposit money orders they have issued. If you are trying to cash a money order that was issued by another bank or another place like a grocery store, things get a little clouded. It will depend on your banks policy. What I would suggest is to give your bank a call and ask if they cash money orders from other companies.

Banks tend to cash money orders without any cost or fees if you are a member. So that’s a bonus. Some places will charge you a transaction fee and/or a percentage fee of the amount of the money order to cash it.

3. At your Credit Union

If you belong to a Credit Union, you can also cash your money order here. Credit Unions will also issue money orders, and if the money order you received happens to be from a Credit Union you belong to, then things should be all peachy and good to go. Again, just like banks, some Credit Unions may not cash money orders from different companies. If you live close by to your Credit Union I would walk in and ask them if they can cash your money order, or give them a quick telephone call to find out.

Where To Cash A Money Order If You Don’t Have A Bank Account

4. At the grocery store

Some grocery stores have a MoneyGram or Western Union in them (or something else) and they will cash your money order. You shouldn’t have any issues cashing money orders at the same grocery store where the money order was issued from. There are many grocery stores that issue money orders and policies will vary. You may be denied the ability to cash money orders from other places. Another thing to keep in mind about cashing money orders at grocery stores is the fact that they tend to charge higher fees. Also expect to be asked for I.D.

5. Check cashing locations

There are a ton of check cashing places around the United States. They cash personal checks as well as money orders. Check cashing places tend to charge the highest fees for cashing money orders. So this would definitely be a last resort if possible. Why pay more fees when you don’t have to? I suppose if you do not have a bank account and need to cash a money order, then a check cashing location would make sense. If you need to find a check cashing location, just hit up Google and type in something like “check cashing San Antonio” for example. Expect to provide the money order and also I.D.


How To Cash A Money Order If You Do Not Have I.D.?

As far as I know, it is very difficult to cash a money order without identification. If you lost your wallet or don’t have any I.D. for some reason, I don’t believe you’ll have a lot of success cashing money orders. They need to know that you are actually YOU, and I.D is the only way to know that. The only place I can think of that would be able to cash a money order without and I.D is your bank or credit union. They theoretically should know your or have your picture or signature on file and can verify your identity this way.

Where Can I Cash A Western Union Money Order?

There are a few places where you can cash a Western Union money order. The first place I would go to is your personal bank or credit union. If you prefer not to go here, then the next place I would go to is any Western Union location. They will cash their own money orders no problem. But expect to present I.D. Western Union locations are abundant across American and you should be able to find one in your city. If you have a Western Union money order and want to cash it at another money order location, you may or may not have success with that. It will depend on their policies. Visit here form Western Union locations.

Where Can I Cash A Postal Money Order?

You will have no issues cashing a postal money order at the post office. They issued it and they will accept it. Unless something else comes up, like they ask for I.D. and you can’t present it. You should be able to cash it at your bank and/or credit union as well. The last time I checked, there was no fees cashing a postal money order at the post office – which is great. Visit here for U.S. Postal Service locations to cash money orders.

Where Can I Cash A Moneygram Money Order?

The two best bets to cash a Moneygram money order is your bank/credit union or any Moneygram location. Moneygram is a very very large distributor of money orders and they are trusted, which is why banks should accept them. Moneygram locations will also accept their own money orders to be cashed. Just visit one of their locations and have your I.D. ready. Visit here for Moneygram locations.


How To Cash A Money Order?

If you’re wondering how to cash a money order, you’re not alone. It seems so different than other things, because it’s a weird piece of paper that you’re just not sure what to do with.

But rest assured that it’s really really simple. Again, just treat your money order like someone gave you a check, if that eases your mind.

The first thing you need to do is visit a location that cashes money orders. Above, I’ve already listed 8 places where you can cash a money order. So if you haven’t had a read through that yet, do it and find the place that makes the most sense for you. Then yo want to pay them a visit in person.

The first thing you need to do is have your money order with you, as well as an I.D. You pretty much need your I.D. anywhere you go to cash your money order. Companies need to know that you are the proper recipient of the money order and your I.D. is the most common way to verify your identity.

The best thing you should do is visit the same location/company that issued the money order. If it was the postal service, then visit them. if it was a bank you bank at, then visit your bank. It just makes things easier and makes for a more seamless transaction.

You will present them with your money order and your I.D. The cashier or service person will then do some stuff on the computer and give you your money, minus some fees which you’ll likely have. Some places do not charge fees, but this will vary depending on each company. You may find the fees be a combination of a transaction fee for processing the money order cashing as well as a percentage fee of the amount of the money order.

Another thing to keep in mind is that check cashing places will often charge the highest fees for taking money orders, so it’s preferable to use these places as a last resort.

Once everything checks out, you’ll be handed your cash and you’re good to go! Take it and buy yourself something nice! The process of cashing a money order is as simple as that.

Money orders are closely linked with money laundering, which is why you need to get I.D’d, and why companies may refuse your money order if they cannot verify it. It makes sense. They don’t want to be ripped off.


Do you have any questions about how to cash a money order or cashing money orders in general? Let me know in the comments below.