Is there a limit to how much you can put on a money order?

The Limits of the Money Order: How Much Can You Really Send?

Money orders offer a secure and relatively inexpensive way to send money, but understanding their limitations is crucial. One frequently asked question revolves around the maximum amount you can put on a single money order. While they provide a convenient alternative to cash or personal checks, there are definite boundaries.

This article clarifies the limits surrounding money order amounts, dispelling any confusion. The short answer is that, for domestic money orders purchased through the United States Postal Service (USPS), the maximum amount you can put on a single order is $1,000.00. This is a hard cap; you cannot exceed this limit on a single money order.

However, this limitation doesn’t mean you’re restricted to sending only $1,000.00. The USPS, and other providers, allow you to purchase multiple money orders in a single transaction. Need to send $2,500.00? Simply purchase three money orders – two for $1,000.00 and one for $500.00. There’s no limit to the number of money orders you can buy at once, only the amount on each individual order.

It’s important to note that the cost of each money order varies. To determine the exact fee for a money order, you should always consult the official USPS price list, which is readily available online and at post office locations. These fees can change, so referring to the most current information is essential.

Other providers of money orders, such as some banks and retail stores, may have different limits and fees. Always check with the specific provider before purchasing to understand their specific terms and conditions.

In summary, while individual money orders have a $1,000.00 limit in the case of USPS domestic orders, the ability to purchase multiple money orders provides flexibility for sending larger sums of money. Remember to check the current fees and any specific regulations of your chosen provider before making your purchase.