topic Re: Purchase a money order with CC??? in Credit Cards

Purchase a money order with CC???

Muzikdude — Tue, 03 Jun 2014 22:45:22 GMT

I need to purchase a money order to send as payment for something. I was going to use cash or debit, as I usually do, but then I remembered that my local supermarket will allow the purchase of money orders on a credit card. I was reading about it online right now, and I read that if you do this, the CCC will likely treat it as a cash advance. Is this true? Is there any way for them to know what I purchased at a supermarket? I would like to put the purchase on my CC to get the rewards.

Re: Purchase a money order with CC???

maiden_girl — Tue, 03 Jun 2014 22:48:32 GMT

It will be treated as a cash advance and not eligible for rewards. Plus it will be subjected to the cash advance APR which is usually higher than your standard APR. Also Cash Advances on credit cards accumulate daily interest.

Re: Purchase a money order with CC???

Muzikdude — Tue, 03 Jun 2014 22:52:32 GMT

@maiden_girl wrote:
It will be treated as a cash advance and not eligible for rewards. Plus it will be subjected to the cash advance APR which is usually higher than your standard APR. Also Cash Advances on credit cards accumulate daily interest.

How can they know what was purchased?

Re: Purchase a money order with CC???

gdale6 — Tue, 03 Jun 2014 22:53:49 GMT

@Muzikdude wrote:
@maiden_girl wrote:
It will be treated as a cash advance and not eligible for rewards. Plus it will be subjected to the cash advance APR which is usually higher than your standard APR. Also Cash Advances on credit cards accumulate daily interest.
How can they know what was purchased?

It would be done in the way the purchase is coded to the card issuer.

Re: Purchase a money order with CC???

maiden_girl — Tue, 03 Jun 2014 22:55:24 GMT

@gdale6 wrote:
@Muzikdude wrote:
@maiden_girl wrote:
It will be treated as a cash advance and not eligible for rewards. Plus it will be subjected to the cash advance APR which is usually higher than your standard APR. Also Cash Advances on credit cards accumulate daily interest.
How can they know what was purchased?
It would be done in the way the purchase is coded to the card issuer.

+1.

Re: Purchase a money order with CC???

juggalo9er — Tue, 03 Jun 2014 22:57:32 GMT

the work around i use for this is to buy prepaid "debit" cards in $500 blocks, use the debit card (pin based) to buy money order (kroger)

Re: Purchase a money order with CC???

Muzikdude — Tue, 03 Jun 2014 22:59:42 GMT

@juggalo9er wrote:
the work around i use for this is to buy prepaid "debit" cards in $500 blocks, use the debit card (pin based) to buy money order (kroger)

I see... so these are somehow coded differently than a money order? Where do you buy those from?

Re: Purchase a money order with CC???

juggalo9er — Tue, 03 Jun 2014 23:04:41 GMT

MANUFACTURED SPENDING IS DISCOURAGED ON THIS BOARD. now strictly for educational purposes: staples, wal-mart, kroger

Re: Purchase a money order with CC???

maiden_girl — Tue, 03 Jun 2014 23:06:15 GMT

You typically can't purchase money orders with credit cards.

Re: Purchase a money order with CC???

MoreRewards — Tue, 03 Jun 2014 23:08:19 GMT

I had posted topic about this not too long ago it's good to find out about the pre paid debit deal.

Re: Purchase a money order with CC???

Anonymous — Tue, 03 Jun 2014 23:58:39 GMT

@maiden_girl wrote:
You typically can't purchase money orders with credit cards.

Yes, I agree. I'm surprised at the discussion about cash advance, as typically you wouldn't be able to get that far. Many places are now moving to cash only, excluding debit cards as well (making MS harder!)

Re: Purchase a money order with CC???

juggalo9er — Wed, 04 Jun 2014 01:23:44 GMT

i have a few gas stations that i can purchase prepaids from and a credit union that will pull the money off fee free, its a nice set of circumstances

Re: Purchase a money order with CC???

maiden_girl — Wed, 04 Jun 2014 01:34:21 GMT

@Anonymous wrote:
@maiden_girl wrote:
You typically can't purchase money orders with credit cards.
Yes, I agree. I'm surprised at the discussion about cash advance, as typically you wouldn't be able to get that far. Many places are now moving to cash only, excluding debit cards as well (making MS harder!)

Right!

But I do think Western Union will let you do it with a credit card but they peg it as a cash advance transaction...I rememebr it being brought up in a discussion once.

Re: Purchase a money order with CC???

juggalo9er — Wed, 04 Jun 2014 02:03:35 GMT

staples (ymmv) wal-mart (ymmv) mom and pop owned gas stations (have had great success in higher end neighborhoods) k-mart (if you can still find one in business) kroger (outstanding success) thats every single one of them that i know...if your in the avon, brownsburg, mooresville area of indiana i can pm exact locations

Re: Purchase a money order with CC???

myjourney — Wed, 04 Jun 2014 02:05:29 GMT

Re: Purchase a money order with CC???

Anonymous — Wed, 04 Jun 2014 03:26:14 GMT

@juggalo9er wrote:
staples (ymmv) wal-mart (ymmv) mom and pop owned gas stations (have had great success in higher end neighborhoods) k-mart (if you can still find one in business) kroger (outstanding success) thats every single one of them that i know...if your in the avon, brownsburg, mooresville area of indiana i can pm exact locations

These are all debit card locations though right, none of them that I know (which of course excludes mom&pop gas stations) will take cc for money order.

Re: Purchase a money order with CC???

maiden_girl — Wed, 04 Jun 2014 03:28:39 GMT

@Anonymous wrote:
@juggalo9er wrote:
staples (ymmv) wal-mart (ymmv) mom and pop owned gas stations (have had great success in higher end neighborhoods) k-mart (if you can still find one in business) kroger (outstanding success) thats every single one of them that i know...if your in the avon, brownsburg, mooresville area of indiana i can pm exact locations
These are all debit card locations though right, none of them that I know (which of course excludes mom&pop gas stations) will take cc for money order.

Yep.

And a money order is guaranteed funds as a credit card is not. This is why they mainly accept cash or debit card payment.

Re: Purchase a money order with CC???

juggalo9er — Wed, 04 Jun 2014 11:51:21 GMT

they will not take debit card , thatscwhy you buy a ppd debit card then buy the money order

Re: Purchase a money order with CC???

maiden_girl — Wed, 04 Jun 2014 12:24:18 GMT

@juggalo9er wrote:
they will not take debit card , thatscwhy you buy a ppd debit card then buy the money order

They do accept debit cards but only as a pin transaction as it is techincally still a cash transaction. They won't take the debit card payment as "credit".

Re: Purchase a money order with CC???

trumpet-205 — Wed, 04 Jun 2014 13:33:42 GMT

Some stores don't take debit card for MO. My local Walmart for example refuses to take debit card for MO even though other WM allows it.

Maybe they try to avoid interchange fee, which is still there for debit card.