This article is going to be short and sweet because it is really a simple process. For people who have read our article on How to Spend Money without Spending Money and our article on Vanilla Reloads at CVS: Rest In Peace this article is for you.
Once you have acquired the appropriate gift cards and have set the PIN code (see this article for an example of how to set the PIN code with the cards from OfficeMax), you simply head to the Walmart Money Center.There are a two rules about getting money orders at Walmart:
- You can only get 3 X $1000 money orders per day. Some locations may limit you to two.
- For each money order you can only use 4 different gift cards to pay for it. So if you only have $200 gift cards you can only get a maximum money order of $800 and you will need to pay cash for the $0.70 money order fee.
The way I maximize this situation is I have some $200 gift cards I buy at Office Supply stores and some $500 gift cards I buy at other places. You go up to the associate and tell them you want to buy a $1000 money order. Once the total comes up on the checkout, it should be $1000.70. Tell her that you want to put $500 on the first card (if you have a $500 one of course.) She will enter on her end that you want to pay a partial payment. You then swipe the card and enter your PIN code using the PIN pad device.
As of May 2014, the next gift card you can go ahead and swipe first then tell her the amount. So I do a $500 for the first one, then $200 for the second, $200 for the third, then $100 for the 4th (it is a $200 card but I keep a $100 balance on it to keep the numbers even). I then pay the $0.70 using cash.
I am then the proud owner of a money order which I can fill out payable to myself and then deposit it in my bank!
You can then use the funds to pay off the credit card you used to buy the gift cards or pay bills or whatever you want!
See? I told you it was easy!