Originally Posted by
ashgray88
Newbie here. About to try a first MS run at Wally. Tried to understand what I'm doing from this thread and wiki, but still not 100% sure. Could you please tell me if I'm wrong?
I have three types of GC: Visa (Metabank), Visa (Sunrise), Mastercard (Metabank).
- I can't swipe more than 4 cards in a single transaction. [hard rule]
- Both VGCs have $99/swipe limit. Say the fee is $1. So I can have 99*4 - 1 = 395 MO per transaction.
- Metabank MC has no such limit. I can do more like 1K = 500+500 (-1 fee of course) or 2K = 500*4 (- fee of course.) Has to keep in mind that the payment type must be changed in advance.
Lastly... I can try both Visa and Mastercard GC at Kroger (as long as they sell MO). [Of course everything would be YMMV] Right?
Thanks!
Can you return back in line and buy another $395 MO after the first transaction until done with MS? Do banks even allow that many money orders to be deposited? In order to avoid having a bank shutting you down by closing your account, should these money orders be cashed out for cash and not deposit money in the checking? Im afraid account closure means keeping money.