Chase is one of the largest consumer and commercial financial institutions in the United States. Chase is known for its wide array of services from bank accounts to credit cards. With all of these services, you may wonder if Chase also sells money orders.
In this article, we examine if Chase also offers money orders.
Does Chase Do Money Orders?
Chase does offer money order services for their customers as of 2021. Chase account holders can purchase a money order up to $1,000, and it must be purchased in a physical Chase branch. The bank will charge a $5 dollar fee for a money order.
Chase bank has physical locations across the contiguous United States with over 4,800 branches in the lower 48. You can visit the Chase website to find the branch closest to you.
Before you make the trip to the bank, you’ll want to know how much you are able to purchase for a money order. To that end, read on to the next section.
Are There Limits on Chase Money Orders?
Typically, the limit for a money order at a Chase bank is $1,000. In addition, you are limited to only purchasing one money order within a 24-hour period. So, if you need more than $1,000 be sure to plan ahead.
It is also important to note that money orders eventually expire. A money order from Chase will need to be cashed within one year.
Terms and conditions around money orders may vary from location to location, so be sure to check with your local Chase.
Read the next section to learn how to purchase a money order from Chase.
How Do I Buy a Money Order at Chase?
Chase Bank does not offer money orders online, so to purchase one you will first need to locate your closest branch. From there, you can follow the steps below.
- Ensure the necessary funds are in your Chase checking or savings account.
- Locate the bank teller and tell them how much you want a money order for.
- On the money order, write the name of the payee on the line “Pay to the order of”.
- Hold on to the receipt in case you need to cancel the order.
There may be a space to fill out an address and memo. Be sure to fill the money order out with black ink, and ensure your handwriting is legible. In addition, be sure to not leave any fields blank to avoid any issues with processing the payment.
Does Chase Cash Money Orders?
Chase does cash money orders for customers with a Chase bank account. To cash a money order, follow the steps below.
- Bring your money order to a Chase location.
- Be sure to endorse the money order by signing the back in the designated field.
- Bring your ID, as the teller will ask for proof of identity.
If you are cashing a Chase money order, there will be no additional cost. However, if you are cashing a money order from another institution, Chase may charge an additional fee.
As with purchasing a money order, the policy may vary from branch to branch. You will want to call ahead to make sure your local branch can cash a money order.
Does Chase Sell International Money Orders?
Chase does not offer international money orders in 2021. To transfer money internationally as a Chase customer, you will need to wire the money or use a third party.
One entity that does offer international money orders is the United States Postal Service. One can purchase a money order of up to $500, with a $10.50 processing fee.
Speaking of fees, read on for a comparison of Chase’s fees with other service providers.
How Do Chase’s Money Order Fees Compare to Other Services?
On average, a Chase money order costs $5. Below, we break down the money order fee by Chase Checking account, as well as a comparison to other places where you can purchase a money order.
|Chase Checking Account Type||Fee|
|Premier Plus Checking||$0|
|Premier Platinum Checking||$0|
|College Checking Account||$5|
By comparison, Walmart also offers money orders for fees between $.88 – $1.00, while the USPS charges as high as $10.50. Other institutions like Western Union, also offer money order services with ranging costs that vary from location to location.
Now that you know the ins and outs of purchasing a money order, read on to find out what to do if you misplace the money order.
Can You Get Your Chase Money Orders Replaced or Refunded?
A Chase money order can be refunded if the money order is lost. To do so, you will want to alert Chase as soon as possible, and have your receipt in hand.
If your money order has been lost, you will have the option to have it refunded or re-issued. Like purchasing a money order, this transaction needs to be completed at a physical Chase location.
Here are the steps for lost money order:
- Contact Chase ASAP to alert them that the money order is lost.
- Go to a Chase location and ask the teller for a cancellation request form.
- Fill out the form and be sure to include a copy of your original receipt.
- Submit the request to Chase.
Beware that if the money order has been cashed by the intended recipient or otherwise, the money order cannot be refunded. For that reason alone, being quick to request your refund is essential to protect your money.
Does Chase Still Do Money Orders in 2021?
As of 2021, all Chase locations can provide money order services for holders of a Chase account. Money orders can be purchased for a small fee, between $0 – $5 depending on the type of account they hold with the bank. Money orders can be purchased for up to $1,000 with a limit of one order per day.
If you have are a customer with a bank in your vicinity, purchasing a money order through Chase may be the best option for your transaction.