Valero Money Order: What you need to know: Fees, Limits & Availability
Gas stations have been known to provide fuel for our daily travels, as well as overall day-to-day convenience items. We’ll, Valero is no different, boasting over 4700 retail and wholesale gas stations in and around the US. In addition to their wide range of products and services, Valero also retails money orders from Moneygram. If you want to know what’s better than getting a personal check, then you might want to read on about Valero’s money order. Let’s know more about Valero money order.
A money order is an easy and efficient way to make payments, it is the equivalent of having cash, a personal check, and a secure payment all in one. If it’s convenience you are looking for, then you might want to locate your nearest Valero to purchase your next money order. However, It is important to note that some Valero gas stations and convenience stores do not sell money orders because each store is individually owned and operated.
Why Get a Valero Money Order?
You might be wondering why you would ever need to buy a money order from Valero, well, here are a few good reasons.
- As a personal check alternative – Make payments to companies or individuals without the need of a personal checking account.
- Safety and security – No chance of a check bouncing, so the recipient is assured you have sufficient funds.
- Cash and credit card alternative – Your cash transactions now have records of payment and you can pay bills to non-credit card accepting entities.
- No online banking necessary – Money order will allow you to send money by mail or in-person with ease.
- No overdraft fees – No need to worry about insufficient funds.
- Great gift alternative – You can mail your family and friends using a Valero money order as an alternative to buying them a gift.
How to Buy a Valero Money Order?
Although not all Valero gas stations sell money orders, those that do retail their $500 money order at $1.50, and this is the only money order they provide by Moneygram. Once you’ve located your nearest Valero, you will need to take your identification documents, some cash on hand (Valero only accepts cash for money orders), and the rest is as easy as following these 3 steps:
Step 1: Complete the form
Fill in the name of the recipient, your address, list the account number if you’re paying a bill, and your signature. You want to ensure that all details are correct and legible.
Step 2: Keep the receipt for your records
Once you’ve filled out the form, you will receive a paper slip or a carbon copy receipt that you can keep in case you lose your money order.
Step 3: Track your money order
Your receipt will include a money order tracking number that you can use to verify if it was cashed and received.
Where to Cash a Valero Money Order?
Now that you know how to purchase a Valero money order, you may be wondering how and where you can cash it. Unfortunately, Valero only retails the money orders but does not offer any check cashing services. However, there are many alternative check cashing locations (refer to your local yellow pages for locations near you), each with its own individual policies and fees for money orders. Also, remember that most check cashing locations will require identification to cash the money order.
Here are some of the best locations to cash a Valero money order:
- Bank and Credit Union – This is probably the quickest and easiest check cashing option. Simply take the order to your bank/credit union and they will either cash it or deposit it into your account. They may charge you a reduced fee or allow you to cash the money order for free.
- Grocery Stores – You might want to call the customer service desk before rushing to your nearest store. Certain grocery stores will allow you to cash your money order with an ID at hand.
- Big-Box Retail Stores – Although most retail stores will only allow you to cash an order if it was purchased from them, there are some retailers that will allow you to cash a Moneygram money order from Valero.
Conclusion
Valero money order has made sending and receiving money more convenient than ever. In addition to knowing how and where to purchase and cash your money order, there are a few tips you can follow to keep your order safe. Always ensure that you fill out the money order immediately and completely using black gel ink. Do not leave any blank spaces and write as neatly as possible. Keep your receipt in a safe place until you’ve confirmed that it has been received, and if possible mail or deliver your money order in person.
