Can You Get a Money Order With A Credit Card?

Written by Banks Editorial Team
3 min. read
Written by Banks Editorial Team
3 min. read

Sponsored By

You want to make a purchase with your credit card, but the seller is only accepting money orders. Do you miss out on a good deal because you don’t have the cash or a debit card on hand? Or is it possible to use your credit card to purchase a money order? 

Despite being low on funds, you may be in luck since you can obtain a cash advance from your credit card to buy a money order. Still, it may not be a smart financial move. 

Earn 4.00% APY on your Savings

Mobile banking done better. No overdraft fees/hidden fees. Get paid up to two days faster with direct deposit. Earn up to 15x the points on swipes.

What is a Money Order?

A money order is a secure form of payment that you can use to buy goods and services. They’re available for purchase at banks, credit unions, select retailers and grocers, convenience stores, check-cashing locations, the post office and payday loan entities. 

Money Order vs. Checks

Unlike checks, money orders are a guaranteed form of payment. You’re required to pay for it upfront plus a nominal issuing fee to ensure it won’t bounce when the recipient cashes it. But with a check, you can write it for whatever amount you want, although it could bounce when presented to the recipient’s bank if the funds aren’t available in your account. 

Also, money orders are typically limited to $1,000, and some issuers also cap the number you can purchase per day. However, the same rules do not apply to checks. 

The Benefits of Money Orders

Guaranteed Funds

Since you must pay for the money order upfront, it’s guaranteed to clear when cashed. 

Universal Acceptance

Money orders are accepted nationwide and abroad and participating retailers and financial institutions.   

No Bank Account Required 

You can purchase a money order, even if you don’t have a checking or savings account at a financial institution. This makes paying bills and making purchases easier for unbanked consumers. 

Your Information is Safe 

Your routing and checking account number aren’t included in a money order. So, your banking information will be shielded from fraudsters. 

You Can Use Foreign Currency

Money orders can also be purchased and cashed abroad if the sellers have branches in the countries where recipients are located. 

Generally Secure Transaction 

As mentioned above, routing and checking account numbers are listed on money orders, making them a secure form of payment. Furthermore, you can replace a lost or stolen money order by paying a fee to the issuer. 

Earn 4.00% APY on your Savings

Mobile banking done better. No overdraft fees/hidden fees. Get paid up to two days faster with direct deposit. Earn up to 15x the points on swipes.

Can You Get a Money Order with a Credit Card?

Yes, you can use a money order to buy a credit card. However, 

Should You Get a Money Order with a Credit Card?

When looking to buy a money order with a credit card, you’ll quickly learn that this payment option is no longer available. It used to be an option at Western Union and 7-Eleven, but credit cards are no longer an acceptable form of payment. 

Alternatives to Money Orders

If you’re unable to take a cash advance from your credit card to buy a money order, here are some alternatives worth considering. 

Money Transfers

Both PayPal and Venmo allow you to transfer funds from your credit card to relatives, friends or other parties you’re doing business with. 

Prepaid Cards

Consider using a prepaid card to pay bills or purchase goods and services. 

Personal Checks

If you have the funds available in your checking account, you can write a personal check to remit the payment. 

Cashier’s Checks

Like money orders, cashier’s checks are another secure form of payment. They’re issued by banks and are available for higher limits than you’ll get with a money order. However, the fee is also usually higher. 

Cash

Cash is almost always an option to pay for goods and services or pay bills. 

Electronic Payments via a Banking App

An innovative banking app, like Current (*) , is another alternative to making a money order purchase with a credit card. Current offers banking services through Choice Financial Group, Member FDIC, that enable you to effectively manage your hard-earned money and make it work better for you. 

The platform boasts 4 million members to date, and for a valid reason – all of the enticing perks that come with opening a Current account, including: 

  • Savings Pods that you can deposit funds into and earn up to 4.00%APY (1)
  • Overdraft protection through the Overdrive feature that lets you overdraw your Current account by up to $200 without incurring any overdraft fees (note: this feature is only available to Current members who enroll in direct deposit and receive at least $500 per month) (2)
  • Earlier paydays as you can receive your paycheck two days sooner when you opt to have it deposited into your Current account (3)
  • Generous points-for-cash-back rewards of up to 15 points per dollar spent at more than 14,000 retailers, restaurants, gas stations, grocers and other merchants throughout the U.S. 
  • Enhanced security features, like the ability to block transactions in real-time directly from the mobile app, Face ID locks and fingerprint locks
  • FDIC deposit insurance coverage of up to $250,000 through Choice Financial Group, Member FDIC

Explore what Current has to offer by visiting the website or downloading the mobile app. If you decide to open an account, it’s free and won’t take more than two minutes of your time.

Current

You may also like

Learn the most common reasons why debit cards are declined at the point of sale and what to do if this happens to you.
Read more

Advertisement Disclosure

Product name, logo, brands, and other trademarks featured or referred to within Banks.com are the property of their respective trademark holders. This site may be compensated through third party advertisers. The offers that may appear on Banks.com’s website are from companies from which Banks.com may receive compensation. This compensation may influence the selection, appearance, and order of appearance of the offers listed on the website. However, this compensation also facilitates the provision by Banks.com of certain services to you at no charge. The website does not include all financial services companies or all of their available product and service offerings.

Current is a financial technology company, not a bank. Banking services provided by and Visa® Debit Card issued by Choice Financial Group, Member FDIC, pursuant to a license from Visa U.S.A. Inc and can be used everywhere Visa debit cards are accepted.

×

The Annual Percentage Yield ("APY") for Current Interest is variable and may change at any time. The disclosed APY is effective as of January 1, 2022. No minimum balance is required. Must have $0.01 in savings pods to earn Current Interest on up to $2000 in deposits per Savings Pod up to $6000 total.  Please refer to Current Interest Terms and Conditions.

×

Please refer to Overdrive™ Features Terms and Conditions. Current Premium Accounts only.

×

Faster access to funds is based on a comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds are subject to the timing of the payer's submission of deposits. Current Premium accounts only.

×