How to Purchase a Money Order

Sooner or later you will have to use a money order in your life.


What is a money order? It is a payment for a pre determined amount of money and the payments have to be made before hand this way the merchant is covered and does not have to worry about checks bouncing. Different merchants will require one for different reasons, for example an apartment complex usually requests a money order for rent if it is over a day late.

Instructions

1. Know the amount you need the money order for

2. Money orders can be purchased at post offices, banks, grocery stores or gas stations and now also online. Make sure to see if they accept credit or debit cards, traveler's checks or in any event everyone will accept cash

3. Money orders usually cost a fee from 0.50 cents to about $2.00 so consider that too when buying

4. Once purchased, fill it out immediately.

Tips & Warnings

• AMSCOT offers free money orders