MoneyGram is a financial institution that provides money orders, money transfers, mobile top-up, bill payment, and prepaid card reload services for those who may or may not have a personal bank account.
While it may not be the first name to come to mind, MoneyGram is the second-largest money transfer provider in the world.
Several retail stores across the country use MoneyGram as their money service provider, including CVS.
Does CVS Have MoneyGram in 2021?
As of 2021, CVS uses MoneyGram as their financial service provider throughout the majority of their stores.
MoneyGram partnered with CVS in 2019, and currently has over 350,000 agent locations around the world.
Customers can use a variety of payment methods depending on the service they choose, including cash, credit, or debit cards.
Do All CVS Locations Have MoneyGram?
MoneyGram services are offered in the majority of CVS stores throughout the U.S. There are over 9,900 CVS locations, and are open 24/7 for customer convenience.
To find a CVS nearest you, click here.
Where is MoneyGram located in CVS?
Customers can access MoneyGram through kiosks, typically located inside of CVS at the photo counter, near the pharmacy, or at the checkout register.
Kiosk locations vary on which CVS you choose.
What Services Does CVS MoneyGram Offer?
Through the use of MoneyGram, customers can send and receive money, pay bills, load prepaid cards, purchase money orders, and have access to a variety of mobile top-up options.
There are more than 350,000 MoneyGram agencies in over 220 countries, making it easier than ever to handle any financial request.
For a complete list of MoneyGram services, click here.
How Much Does MoneyGram Services Cost at CVS?
MoneyGram’s fees are based on the service being provided, the location of the sender or recipient, and the amount of money being transferred or received.
Customers can expect to pay a flat fee of $1.99 for a direct transfer to a recipient’s online bank account, credit card, or debit card. This fee applies whether one is sending $1 up to $10,000.
However, if a customer chooses to pick up the cash in person at a MoneyGram kiosk, this fee increases to $5.99 if cash is received from a bank account, and $13.99 when sent from a debit card or credit card.
Money orders can be purchased at any MoneyGram kiosk at CVS, for a fee of $1.25 per $500 money order. There is no limit on the number of money orders one can purchase.
While CVS offers the use of MoneyGram for these services, CVS itself does not cash money orders.
How Do You Use a MoneyGram Kiosk at CVS?
When arriving at the kiosk, simply touch the screen to start. Once the desired service is selected, customers will be asked to enter their phone number.
When sending money to a bank account, customers will be asked to enter the recipient’s name, account number, and bank name, as well as the sender’s name, address, and date of birth.
Customers have the option to create a four-digit PIN for future use of any MoneyGram service.
Once the service is completed at the kiosk, the customer proceeds to the CVS checkout register and will pay the cashier for the amount of money being sent. A tracking number will also be given with a receipt.
If a customer is receiving money from a bank account, credit, or debit card, they will obtain their funds at the cash register as well.
Minimum and maximum amounts vary on the type of service, method of payment, and location of funds.
What Forms of ID Can You Use at CVS’s MoneyGram?
Customers will be asked for any form of government ID. This includes a driver’s license, state ID, or social security card.
Depending on the service requested, customers may be asked to present proof of address or proof of residency. This can be proven with a billing statement, photo ID, or passport.
Does CVS Still Have MoneyGram in 2021?
MoneyGram services are available to customers during store operating hours. Most CVS stores are open 24/7 for customer convenience.
Customers can expect to send or receive funds quickly and easily from any bank account, credit card, or debit card, whether it be domestically or internationally.
Benjamin is a certified financial advisor, with over 10 years of experience in the industry. He is knowledgeable about various business and financial topics, such as retirement planning and investment management. Ben has been recognized for his work in the financial planning industry. He has also been featured in various publications.