Money Orders are intended to provide a safe alternative to sending cash by mail. It is a reliable option especially for those who may not have checking accounts. Also, since they are prepaid, there is no fear of them bouncing.
A money order is purchased for the amount desired up to but no more than $1,000. There is a fee of $1.25 per money order.
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*APR = Annual Percentage Rate *APY = Annual Percentage Yield Rates are subject to change without notice
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