No, you can not get a cashier’s check with a credit card from most banks. However, some banks still allow it.
In case you don’t have enough cash to buy a cashier’s check, then you might think about getting it using your credit card. But can you get a cashier’s check with a credit card?
Well, the answer is a bit more complicated than a simple yes or no. That’s why in this post, I will answer, Can you get a cashier’s check with a credit card? If not then what are your options and everything related to this topic. So, stick here.
Let’s start by finding out, Can I get a cashier’s check with a credit card?
Find out Can You Get a Money Order With A credit card
Can You Get a Cashier’s Check With a Credit Card
Usually, you can not purchase a cashier’s check directly with a credit card.
Cashier’s checks are checks guaranteed by the bank. This means the check amount must be paid to the recipient when the check is presented with proper identification. This guarantee is backed by the bank’s own assets.
However, if the check is lost or stolen then the check buyer can file a complaint to the credit card company. As a result, the credit card company and bank will go into dispute over the payment.
On the other hand, a bank by law can not stop the payment of a cashier’s check. So, even if the check money is in dispute the recipient can withdraw the check fund. As a result, almost all banks prohibit users from buying a cashier’s check with a credit card. Still, some banks might allow it.
Can You Get a Cashier’s Check With a Credit Card Online?
No, you can not get a cashier’s check online with a credit card.
Unlike money orders, cashier’s checks can be bought online. Because some online and physical banks offer it online to their customer. However, most of them won’t accept a credit card payment. Either you have to pay from your account balance or use cash to get one. But can i get a cashier’s check with a debit card?
Can I Get A Cashier’s Check With A Debit Card?
Yes, you can get a cashier’s check with a debit card both online and physically.
To get a cashier’s check you need to head over to a bank or credit union and then purchase one. Usually, they require you to pay by cash. However, if you are an account holder at the same bank then you can purchase it with account balance or debit cards.
You can get a cashier’s check with a debit card as non account holder too. However, you might need to pay extra transfer fees apart from the cashier’s check fees. So, how to indirectly get a cashier’s check with a debit card.
How To Get A Cashier’s Check With A Credit Card
Though you can not get a cashier’s check with a credit card directly. However, it’s possible to get it indirectly. Here is how you can get a cashier’s check with a credit card
- Withdraw or transfer money from your credit card.
- Then use the cash and go to a bank.
- Fill up the form.
- Pay the amount.
- Get your cashier’s check and purchase slip.
You should not get a cashier’s check with money withdrawn from your credit card even if it’s an absolute emergency.
Why You Should Not Use Credit Cards to Get Cashier’s Checks
Here are some of the reasons why you should never use credit cards to get a cashier’s check
- You will be using cash advances for the cashier’s check purchase which has a minimum 3%-5% cash advance.
- Cashier’s checks usually contain a large amount. So, you might hit your credit limit and hurt your credit badly.
- There is no grace period for cash advances and you will be paying APR as high as 30%.
- Minimum payment does not work with a cash advance. So, you will keep carrying high interest if you fail to pay the amount to your credit card company.
So, if you purchase a cashier’s check with a credit card in the worst case you will end up in credit card debt. In the best case, you will be paying a disastrous amount of fees and APR.
By now we have found out can you get a cashier’s check with a credit card. Now let’s have a look at some of the related queries.
FAQs
Here are some of the frequently asked questions related to this topic.
Can You Get a Cashier’s Check With a Credit Card at Walmart?
No, you can not get a cashier’s check with a credit card at Walmart. Because Walmart does not sell cashier’s checks and does not allow credit card payments for money orders either.
Can You Get a Cash Advance On a Credit Card?
Yes, you can get a cash advance on a credit card. However, it’s not suggested to get cash advances because it contains high fees, APR, and no grace periods.
Can You Get A Cashier’s Check Without A Bank Account?
Yes, you can get a cashier’s check without a bank account. All you need is cash and a valid ID. But slime banks do not sell cashier’s checks to non-customers.
In Summary
It’s indirectly possible to get a cashier’s check with a credit card. However, it is never suggested to get one. Because you will end up paying a lot of money in fees and interest. On the other hand, your credit score can go down too.
