How to Transfer a Money Order to a Prepaid Credit Card Online

A money order is a good way to receive funds, because you can cash the money order without any holding periods. That being said, you can't exactly run out and use a money order to buy a cup of coffee at the local coffee shop. Transferring your money order into a prepaid credit card is an efficient way to take your funds and make them conveniently usable.

How to Transfer a Money Order to a Prepaid Credit Card Online

Step 1

Register for a pre-paid credit card at one of the many institutions that service these. They include Western Union, OboPay or Money Gram. There may be a fee to obtain the card of $1 to $5. Once you have the card, you will not have to pay this fee again.

Step 2

Send your money order to the prepaid credit card company. Since the money order is legal tender, it needs to be received by the company prior to loading the funds. Once they have it, it will be a matter of minutes to load the card.

Step 3

Use the card and reload it as needed. Send other money orders to the prepaid service or drop it off at a retail location if they have one, such as Western Union. This is a faster way to get access to your cash without waiting for the mail delay. Once you have the card, instead of requesting money orders through these companies, directly load your card instead of issuing the money order. This way when people send you money, you no longer need to transfer anything and it can all be done online with ease.