Does CVS Sell Money Orders?

Many people across the United States and even the globe use money orders, so, does CVS sell money orders in 2018? In many CVS stores money orders are able to be done. However, there are a select few stores that may not have them. If you are unsure whether or not your store does money orders simply call ahead. CVS in most of its locations does however do money orders.

What is CVS?

CVS or as many of us know it as CVS Pharmacy is an American retail and health care company. CVS Health is headquartered in Woonsocket, Rhode Island. CVS was also known as the Consumer Value Store before simply referring to CVS. The original Consumer Value Store was founded in Lowell, Massachusetts back in 1963. The original owner of the company was Melville Corporation. This was until 1996 when CVS Health was spun into its own company. Currently CVS is the largest pharmacy chain in the United States.  In 2016 there were over 9,600 stores.

CVS is a store that sells prescription drugs as well as general merchandise. There are over-the-counter drugs, beauty products, and even cosmetics. CVS also offers film and photo services, seasonal merchandise, greeting cards, and many convenience foods.

CVS is often compared to the store Walgreens but there are many differences. While both appear the same, however, CVS has a different view than Walgreens to investors. Walgreens has a clean financial track whereas CVS has gone through different ownership and that makes its record a little less predictable.

Locations

There are many locations of CVS Pharmacy. CVS is located all over the United States. With over five stores in each state. Each store is relatively the same with what they sell. However, each store is going to have their own preferences due to location. For example, a CVS in Wisconsin might not have the same products exactly as a state such as Florida. The things that are sold by stores are what are in demand in that area at that time. Each state has their general items and those that are specific to the location.

What is a Money Order?

Money orders are considered a safe form of payment. This is why money orders are preferred over checks. Money orders come in handy when you are buying or selling something because the funds are guaranteed to be there.

A money order is similar to a check, it is a paper document used for making payments. Money orders are prepaid. This means that the person receiving the money order has to provide their payment with cash or another form of funds that is guaranteed before receiving the money order. Because the place or person is demanding the payment before issuing the money order all funds are guaranteed to be there. So, you will have no bouncing checks.

You are able to purchase a money order with cash, debit card, or credit card. All banks and most larger retail stores will have money orders available. However, most money orders typically have a 1,000-dollar limit. So, for larger purchases you may need more than one order.