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Western Union is a popular option for money orders. The maximum limit for a WU money order is $999.99. ... In some cases, such as at the USPS, the price also depends on the amount of the money order.
The U.S. Postal Service charges just $2.35 for a money order up to $500 and $3.40 for money orders from $500.01 to $1,000. Walmart charges a maximum fee of $1. Chase, the largest bank in the U.S ...
Typically, money orders are for amounts less than $1,000, and cashier’s checks are recommended for anything higher. ... Limit: $500 per money order; $2,500 maximum per day . Fee: $1.25.
A money order is purchased for the amount desired. In this way it is similar to a cashier's check.The main difference is that money orders are usually limited in maximum face value to some specified figure (for example, the United States Postal Service limits domestic postal money orders to US$1,000.00 as of November 2023) while cashier's check are not.
United States Postal Money Service was introduced in 1864 by an act on Congress as a way of sending small amounts of money through the mail. [6] By 1865 there were 416 post offices designated as money order offices that had issued money orders to the value of over $1.3 million and by 1882 they had issued orders valued at $113.4 million from ...
Money order fees will vary depending on the amount of the money order and whether you are sending it domestically or to a military address. Fee for Domestic Money Orders. $0.01-$500: $2.35.
Counterfeit money orders and cashier's checks have been used in certain scams to steal from those who sell their goods online on sites such as eBay and Craigslist. [9] The counterfeit cashier's check scam is a scheme wherein the victim is sent a cashier's check or money order for payment on an item for sale on the Internet. When the money order ...
At Wells Fargo, you will pay $5 to purchase a money order in any amount up to $1,000. The bank waives the fee for some accounts. Why use a money order?