Cashing a Money Order: A Simple Guide

It's easy to turn a money order into cash.

A money order is considered "as cash" at most banks and businesses, so it is generally easier to cash than a personal check. That's why many companies specifically ask for mail-order payments with a money order or certified check. In some cases, you may even be able to use your money order to make a direct purchase. So if you're attempting to cash a money order you just received, plenty of stores in your area can accommodate you. All you need is valid state identification.

Step 1

Go to a check-cashing store. As long as the clerk can verify that you are the person the money order is made payable to and that it is a valid U.S. money order, he will cash it for you.

Step 2

Cash the money order at your bank. A representative at a bank where you hold an account will cash a money order against your balance. You usually have to have enough cash in the account to cover the money order in case of a problem.

Step 3

Determine the name of the company that issued the money order and find a business near you (usually a supermarket or discount store) that issues money orders for the company.

Step 4

If the money order was purchased at a U.S. post office, you can cash the money order at any post office as long as you have identification.

Tip

If you don't have an account at a bank, you can sign the money order over to a friend or family member who does. You will then need to go to the bank together to have it cashed.

Warning

Beware of scams involving money orders.