Thursday, August 20, 2020

Can I Make A Money Order With A Debit Card

Banks and credit card issuers view this as a cash advance which can make it an expensive purchase that includes a fee depending on the amount of the money order. You can use a debit card to withdraw money from an atm.







What Is A Debit Card Nerdwallet




Some locations also allow you to pay for a money order with a credit card though the transaction will likely be processed as a cash advance.



Can i make a money order with a debit card. Yes but customers have reported that some gift card network transactions fail to process as debit. Because theyre basically like cash buying a money order with a credit card means your purchase will be coded as a cash advance. Postal service also offers international money orders for select countries.



So the answer is yes some merchants may allow you to buy a cash advance with a credit card but it can be expensive. Can you buy a money order with a gift card. You can typically buy one with cash a transfer from your bank account or a debit card and some money order merchants will also accept credit cards as a form of payment.



Can you buy a money order with a credit card. Because money orders are made out to a particular person as the payee its difficult for a third party to steal your money. Money orders can make it easier to send money abroad.



If you need to make a payment or send money a money order could be a safer alternative to a personal check or cash. Can you buy a money order with a debit card. You can buy a money order with either debit or credit card.



You can also use it like a credit card for point of sale pos transactions. If the bank or credit union issuing the money order has locations in multiple countries you could buy a money order in one country and have your recipient cash it in a different one. Unlike credit cards the amount is immediately deducted from your bank account so you cant spend more than what you have in your account.



The important difference is that if you buy it on a credit card then it will be deemed to be a cash advance you will pay a cash advance fee plus your interest apr will be higher beca. You can buy a money order with a debit card at select locationsusps certain banks and some grocery and convenience stores accept debit cards for money orders. Yes you can buy a money order with a credit card and you can also use cash check or a debit card to purchase a money order.



Also certain locations only accept cash for money orders while others accept either cash or debit. But if all you have is a credit card youre probably wondering whether you can even use it to buy a money order. A money order is a safe way to send money through the mail or to make payments to companies that have limited payment options.



Its never a good idea to mail cash either so money orders can be a better alternative if you need to send funds to someone who doesnt live nearby or whom you dont want to see in person. Why should i use a money order.








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