Pay off Credit Card with Money Order?
#1
Original Poster
Join Date: Mar 2008
Posts: 9
Pay off Credit Card with Money Order?
I know this must have been answered a million times over, but haven't found it by searching the forums.
Is it fine to pay my Capital One Venture credit card bill via money order, as long as I don't make a habit of it?
I used Plastiq to make a mortgage payment by credit card, with the idea that I would then pay off the credit card with the money in my bank account. However, the Plastiq payment never arrived (it's still out there, somewhere), causing me to have to drain my bank account to cover the mortgage.
Meanwhile, the credit card payment is coming due, and the only money left to pay it is in cash. I want to avoid depositing the cash to my bank account. The only option left is to send a money order to Capital One before the card due date. Does this raise any red flags? All of my other payments to them have been online via my bank account.
Thanks for humoring my paranoid noob posts! Everyone has been helpful and really great!
Is it fine to pay my Capital One Venture credit card bill via money order, as long as I don't make a habit of it?
I used Plastiq to make a mortgage payment by credit card, with the idea that I would then pay off the credit card with the money in my bank account. However, the Plastiq payment never arrived (it's still out there, somewhere), causing me to have to drain my bank account to cover the mortgage.
Meanwhile, the credit card payment is coming due, and the only money left to pay it is in cash. I want to avoid depositing the cash to my bank account. The only option left is to send a money order to Capital One before the card due date. Does this raise any red flags? All of my other payments to them have been online via my bank account.
Thanks for humoring my paranoid noob posts! Everyone has been helpful and really great!
Last edited by abeautifulday365; Feb 19, 2017 at 6:32 am
#2
Join Date: Oct 2009
Location: Land of the parrots and parrotheads
Programs: Several dozen
Posts: 4,820
No definitive answer - it may or it may not. Each institution has its own tolerance toward money orders. One time may be safe, but repeated times much less so.
I know this must have been answered a million times over, but haven't found it by searching the forums.
Is it fine to pay my credit card bill via money order, as long as I don't make a habit of it?
I used Plastiq to make a mortgage payment by credit card, with the idea that I would then pay off the credit card with the money in my bank account. However, the Plastiq payment never arrived (it's still out there, somewhere), causing me to have to drain my bank account to cover the mortgage.
Meanwhile, the credit card payment is coming due, and the only money left to pay it is in cash. I want to avoid depositing the cash to my bank account. The only option left is to send a money order to my credit card company before the card due date. Does this raise any red flags? All of my other payments have been online via my bank account.
Thanks for humoring my paranoid noob posts! Everyone has been helpful and really great!
Is it fine to pay my credit card bill via money order, as long as I don't make a habit of it?
I used Plastiq to make a mortgage payment by credit card, with the idea that I would then pay off the credit card with the money in my bank account. However, the Plastiq payment never arrived (it's still out there, somewhere), causing me to have to drain my bank account to cover the mortgage.
Meanwhile, the credit card payment is coming due, and the only money left to pay it is in cash. I want to avoid depositing the cash to my bank account. The only option left is to send a money order to my credit card company before the card due date. Does this raise any red flags? All of my other payments have been online via my bank account.
Thanks for humoring my paranoid noob posts! Everyone has been helpful and really great!
#3
Original Poster
Join Date: Mar 2008
Posts: 9
Thank you, AlohaDaveKennedy! I did think that I had read in my research that multiple money order payments were frowned upon, but wasn't quite sure.
I should have added that the card is with Capital One, in case anyone has experience making money order payments to them, so I'm going to go back and insert that into the original post.
I should have added that the card is with Capital One, in case anyone has experience making money order payments to them, so I'm going to go back and insert that into the original post.
#4
Join Date: Sep 2014
Posts: 1,837
I've never mailed a MO for credit card payment.
For my Chase CCs, I usually pay in branch.
Someone mentioned about some bank 'losing' a MO because it's done by a machine and machine is wxpecting only 1 check. Sorry, cant rememner who posted and what bank.
For my Chase CCs, I usually pay in branch.
Someone mentioned about some bank 'losing' a MO because it's done by a machine and machine is wxpecting only 1 check. Sorry, cant rememner who posted and what bank.
#5
Original Poster
Join Date: Mar 2008
Posts: 9
I'm WAS wondering about whether MOs get lost, lumangoy! I sent two of them to Synchrony bank (separate envelopes for 2 separate store accounts) and am beginning to wonder what became of them. The payments should have already posted, but haven't, and that might be two more bills I have to pay out of my checking account.
#6
Join Date: Feb 2013
Programs: Hyatt Globalist, MLife Gold, Marriott Gold, HHonors Gold, Caesars Diamond, Amex Plat
Posts: 5,937
I know this must have been answered a million times over, but haven't found it by searching the forums.
Is it fine to pay my Capital One Venture credit card bill via money order, as long as I don't make a habit of it?
I used Plastiq to make a mortgage payment by credit card, with the idea that I would then pay off the credit card with the money in my bank account. However, the Plastiq payment never arrived (it's still out there, somewhere), causing me to have to drain my bank account to cover the mortgage.
Meanwhile, the credit card payment is coming due, and the only money left to pay it is in cash. I want to avoid depositing the cash to my bank account. The only option left is to send a money order to Capital One before the card due date. Does this raise any red flags? All of my other payments to them have been online via my bank account.
Thanks for humoring my paranoid noob posts! Everyone has been helpful and really great!
Is it fine to pay my Capital One Venture credit card bill via money order, as long as I don't make a habit of it?
I used Plastiq to make a mortgage payment by credit card, with the idea that I would then pay off the credit card with the money in my bank account. However, the Plastiq payment never arrived (it's still out there, somewhere), causing me to have to drain my bank account to cover the mortgage.
Meanwhile, the credit card payment is coming due, and the only money left to pay it is in cash. I want to avoid depositing the cash to my bank account. The only option left is to send a money order to Capital One before the card due date. Does this raise any red flags? All of my other payments to them have been online via my bank account.
Thanks for humoring my paranoid noob posts! Everyone has been helpful and really great!
#8
Join Date: Mar 2003
Location: EWR Ionosphere Club, LAX Clipper Club, Still Traveling Global, yearly BIS miles
Programs: EAL Silver Wings, I-Club, Flying Colonels DL, WorldPass PLat from the olde Meatball and PE SMARTbank
Posts: 1,987
#9
Join Date: Feb 2013
Programs: Hyatt Globalist, MLife Gold, Marriott Gold, HHonors Gold, Caesars Diamond, Amex Plat
Posts: 5,937
I haven't used BP this past month, but paid 4 Chase cards routinely with BP for two years. CSP, Freedom, Ink, CSR. But yes some have been shutdown. I'm going to lay off for this reason. But paying Cap One once seems reasonable.
#11
Join Date: Jul 2016
Location: BOS
Posts: 40
#13
Join Date: Feb 2013
Programs: Hyatt Globalist, MLife Gold, Marriott Gold, HHonors Gold, Caesars Diamond, Amex Plat
Posts: 5,937
#14
Original Member
Join Date: May 1998
Posts: 1,139
I know I am still in the minority on this, but I have to have sent well over $1 million in money orders to pay credit card bills in the last many years, particularly when MSing was in its heyday and the UFB debit card worked for this. I opened a lot of $5,000 CDs (not available as a technique any more) with credit cards and paid them with money orders from the UFB debit card. One money order per envelope. Got a call from Chase saying to stop, but no closure (but this was after God knows how many money orders). So don't freak out over mailing a few money orders. I still do it now with AMEX Blue Cash and Discover IT, with no problems. I just prefer to keep money order deposits out of my bank accounts.
#15
Join Date: Sep 2004
Location: The World!!!
Programs: Some of them not all ...
Posts: 1,532
I know I am still in the minority on this, but I have to have sent well over $1 million in money orders to pay credit card bills in the last many years, particularly when MSing was in its heyday and the UFB debit card worked for this. I opened a lot of $5,000 CDs (not available as a technique any more) with credit cards and paid them with money orders from the UFB debit card. One money order per envelope. Got a call from Chase saying to stop, but no closure (but this was after God knows how many money orders). So don't freak out over mailing a few money orders. I still do it now with AMEX Blue Cash and Discover IT, with no problems. I just prefer to keep money order deposits out of my bank accounts.