The typical 7-Eleven money order costs between $1 to $5. The exact fee depends on the size of the money order. The fee increases as the money order amount increases.Continue Reading
The 7-Eleven chain of convenience stores is a popular place to purchase money orders. The chain sells about $5 billion worth of money orders a year. The store is not a bank, so no checking or savings account is needed to obtain a money order.
In addition to money orders, 7-Eleven also provides customers with ATM kiosks to allow customers to withdraw cash quickly and easily. Anyone who desires a cup of coffee, a hot dog or snacks can get the cash needed to pay at the register.Learn more about Personal Banking
The biggest differences between a money order and a cashier's check are where they can be bought, how much money they represent and the guarantee for each. In most cases, a cashier's check is considered a more credible form of payment.Full Answer >
People can cash money orders at their banks or places where they have accounts, from the business that issued the money order, and from many grocery stores, convenience stores and check cashing stores. To minimize fees and get the money faster, the consumers' best bet is to go to their own banks or where they already have accounts, according to About.com.Full Answer >
According to MoneyGram, customers can track a MoneyGram order by calling the MoneyGram automated phone line at 1-800-542-3590 and entering the exact amount of the money order and the money order number. With this information, MoneyGram tells you whether or not the money order was cashed.Full Answer >
The remitter on a money order is the person who purchases the order. For example, a person sending a payment in the mail who does not have checks may purchase a money order to make that payment. In doing so, that person is the remitter of the money order.Full Answer >