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Does Speedway Sell Money Orders?

January 14, 2024 //  by Chime N.U

Does Speedway Sell Money Orders?

Speedway is one of the gas stations that sell money orders. With more than 3800 stores nationwide in the United States, most of the Speedway locations have money orders. You can simply walk in there with a legal form of identification and cash to purchase one.

So, what kind of money order does Speedway sell?

Speedway sells MoneyGram money order. You can buy from Speedway, but you cannot cash money orders from it. The business does not cash them in any of their locations.

In addition to this, Speedway does not take credit card payment for its MoneyGram. It will accept cash payments to sell you money orders. So, be sure to take the amount you want to purchase in cash.

Speedway Money Order Cost

Getting a money order from Speedway will cost you about $1.59 in most locations. This is cheap, when compared to places that sell money orders. This transaction fee is expected to be paid in cash. Speedway will not take credit card payment for its MoneyGram transaction cost.

I highly recommend calling a location before heading out. This is because not all Speedway locations sell money orders. Doing this will save time and fuel.

Speedway Money Order Limit

Money orders at Speedway has a monetary limit of $500. This is the maximum amount you can purchase per money order. It does not mean you cannot do multiple MoneyGram transactions.

Here is what I mean.

You can purchase multiple money orders whose total amount is greater than $500. The total Speedway money order limit per day is $1900. You cannot perform transactions greater than this amount. Please be aware that a fee of $1.59 will be charged per money order purchased.

Also, Speedway will only accept cash payment for its money order transaction. It will not accept cashier’s check or credit card as fee payments. Be sure to take some cash with you to avoid transaction inconvenience.

Filling Out A Money Order From SpeedWay

A typical MoneyGram money order, which Speedway sells has three parts to it. Namely:

  1. Pay To the Order of
  2. Purchaser, Signature For Drawer
  3. Address

The “Pay To the Order Of” line is where you enter the recipient’s name. Make sure the name you put here is exactly the same as the name on the receiver’s legal form of identification. This is to avoid inconvenience, when it is time for him or her to cash the MoneyGram money order.

Next, the purchaser’s line is for you to sign your legal signature. This is the same signature as your signature in your legal documents. You can include a legal name too.

Finally, the address line should include the address of the receiver. I know it does not specify whose address to put there, but put the address of the receiver anyways. It should include the street name and number, city, state and zip code of the recipient.

Be sure to verify all the needed data before separating the money order from the receipt. This is to prevent cashing issues. The reason why Speedway asks for these information, is to make sure the money goes to the right person. There will be delay in cashing the MoneyGram money order, if you entered wrong information.

Speedway Money Order Hours

Speedway runs a 24 hour business operation. However, its money order hours may differ from store location to store location. I recommend you call a location first, before heading out to buy a money order.

In all, this is all you need to know about buying a money order from Speedway. If you are looking for where else to buy money order easily, you can read the blue highlighted article. It shows other places that do money orders.

This is especially, when you are looking to purchase more than the $1900 maximum offered by Speedway. Some of these money order places allow you to get up to $3000 or more in money order. Be sure to check them out.

Category: BANKING BASICSTag: Does Speedway have money orders?

About Chime N.U

Hello there!
Mr. Chimé (Chi-meh) is a certified surgical assistant, a small-time financial Investor and the founder of WeeklyBagel- a professional blog dedicated to simplifying personal finance for young adults. Read More

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