What Are the Fees for CVS Money Orders?

What Are the Fees for CVS Money Orders?

If you're looking to send money in a secure and convenient way, you may be considering money orders. CVS is one of the many retailers that sell money orders, but what are the fees for CVS money orders? In this article, we'll break down the fees and other important information about CVS money orders to help you make an informed decision.

Fees for CVS Money Orders

The fee for a CVS money order varies depending on the amount of the money order. For money orders up to $500, the fee is $1.25. For money orders between $500 and $1,000, the fee is $1.70. Keep in mind that these fees may vary by location, so it's a good idea to check with your local CVS to confirm the fees.

Limits on CVS Money Orders

CVS has limits on the amount of money you can send with a money order. The maximum amount for a single money order is $1,000. If you need to send more than $1,000, you'll need to purchase multiple money orders. It's important to note that some locations may have lower limits on the amount of money you can send, so it's always a good idea to check with your local CVS.

Other Important Information

When purchasing a CVS money order, you'll need to pay for the money order with cash or a debit card. Credit cards are not accepted. You'll also need to fill out the money order with the recipient's name, your name, and your address. Keep the receipt for the money order in a safe place in case you need to track it or cancel it.

Is a CVS Money Order a Good Option for You?

If you need to send money in a secure and convenient way, a CVS money order may be a good option for you. The fees for CVS money orders are competitive with other retailers, and the limits on the amount you can send are reasonable. However, if you need to send more than $1,000, you may want to consider other options, such as a wire transfer or a cashier's check.

In conclusion, CVS money orders are a convenient and secure way to send money, with reasonable fees and limits. By understanding the fees and other important information about CVS money orders, you can make an informed decision and choose the best option for your needs.