What is Kwik Trip’s Money Order?
Kwik Trip provides easy transactions of money without sharing the bank details. They do it with the help of a money order process which is called MoneyGram. This is similar to a cheque, but the only difference between the two is that a cheque requires bank details, whereas a money order does not. This is a simple paper that denotes the name and amount of the receiver. The sender of the money order needs to deposit the cash in advance and fill the details in the MoneyGram. Then, the MoneyGram is passed to the receiver. The receiver can show the MoneyGram slip to the bank to get the cash. When making a payment, money orders are often used rather than a cheque or cash.
Is Kwik Trip a Bank?
Kwik Trip is not a bank. It is a chain of convenience stores which operates in Minnesota and Wisconsin, and has a branch in Iowa and Illinois. These stores sell items like food, clothing, and other items you might need while on the go. You can purchase money orders at these locations to get the cash you need. ..
The maximum amount of purchase and its charges
Kwik Trip only issues money orders up to $500, and it charges $0.99 for the same. It also has some restrictions while purchasing these money orders. The important limitations are that only two $500 money orders can be issued per person in a day. The other limitation is that they accept only cash in payment. The last but not the least limitation is that they don’t cash out the money orders. These money orders can be deposited in banks first, then can be cashed out from the bank.
Required steps to complete Kwik’s Money Order
- Choose a project
- Get started
- Keep going
The money order of Kwik Trip cannot be cashed out immediately.
Conclusion
Kwik Trip money orders are easily available at its convenience store by paying the fee charges of $0.99 only. They permit a maximum of $500 of money orders. They call their money orders- MoneyGram. They are a safer transaction mode for a huge amount as they don’t reveal the bank details. It is basically a replacement for a cheque. Although they have many restrictions due to safety measures, they are a good transaction medium.
