MoneyGram lets you send funds as a bank deposit or pay with your credit or debit card for cash pickup at more than 350,000 agent locations worldwide — but watch out for unfavorable exchange rates on large transfers.
MoneyGram discount codes and coupons
We don’t have any active promo codes for MoneyGram at the moment. Check back regularly or take advantage of another money transfer offer instead.
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Zero fees on your first THREE money transfers
Send money with WorldRemit using the code '3FREE' and pay no fees on your first three money transfers
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exclusive
WorldRemit: First Transfer FREE
You first transfer is free with WorldRemit when you use this coupon code. Send or pick up cash in the US or around the world.
How do I use my MoneyGram discount code?
If you don’t see a code in the deal box above, MoneyGram is not offering promo codes right now. Watch this space for codes and information about how to save on your international money transfer using MoneyGram.
What services does MoneyGram offer?
MoneyGram’s extensive network and updated offerings make it an ideal choice for financial transactions that include:
- International money transfers. Pay with your bank account, credit or debit card or cash for cash pickup or deposit to a bank account or mobile wallet.
- Mobile top-ups. Top up accounts with more than 350 mobile carriers in over 100 countries.
- Transfer tracking. View details in your account history or use the online Track a Transfer tool.
How are MoneyGram’s exchange rates?
Depending on where you’re sending your transfer, how much you’re sending, and how you’re paying for it, your exchange rate could be 5% above the mid-market rate. If you’re sending a large amount of money, this could mean hundreds of dollars that go straight into MoneyGram’s pockets.
MoneyGram gives you the opportunity to confirm your exact exchange rate before initiating your transfer.
Check out other ways to send money internationally
Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
MoneyGram pros and cons
Pros
- Promo offers. MoneyGram’s periodic promos include discounted transfers and lower transfer fees.
- Global network. The second-largest money transfer provider in the world, MoneyGram has more than 350,000 agent locations around the globe
- Hedging options. You can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
- Fast money. With same-day service available at many locations, your money could arrive at its destination in as little as 10 minutes.
Cons
- Currency exchange. You typically must send the money in US dollars and do not have the option of sending it in a foreign currency.
How can I get discounted transfers with MoneyGram?
MoneyGram’s fees vary depending on the amount of money you’re sending, where you’re sending it to and the method you use to pay for your transaction. Credit card and debit card payments are more expensive than a bank account transfer, but MoneyGram processes card payments instantly. Use a MoneyGram promo code to save on your next international money transfer.
How do MoneyGram transfers work?
Sending money with MoneyGram is easy. You don’t even have to sign up for an account when sending money in person if you don’t want to. Just provide your recipient’s name, how much you wish to send and where the money will be sent. Then pay for the funds you send and any associated fees.
- MoneyGram allows both in-person and online transfers. Both types of transfers have specific needs and steps, so use our guide to find out exactly how MoneyGram transfers work.
MoneyGram accepts payment by:
- Credit or debit card. These transfers cost more but are processed instantly.
- Bank account. Enter your account details to pay directly from your bank account. These transfers can take up to four business days.
What is MoneyGram’s refund policy?
You can cancel a MoneyGram transfer order as long as it hasn’t yet been deposited or picked up.
Shopping for an alternative? Compare these services to MoneyGram for sending money overseas.
