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MoneyGram in Colorado Springs, CO

2.3/5

Colorado Springs, CO location of MoneyGram at 1622 S Academy Blvd offers check-cashing and money transfer services with extended daily hours.

Data compiled from public sources · Rating from CreditDoc methodology

MoneyGram Review

MoneyGram's Colorado Springs location at 1622 S Academy Blvd is a standalone check-cashing store open Monday through Sunday, 7AM to 9PM. This South Academy Boulevard address is easily accessible and serves residents across Colorado Springs looking for convenient financial services during extended business hours.

At this Colorado Springs MoneyGram, you can cash checks, send money transfers internationally and domestically, and access other financial services. Call 719-244-9294 to ask about specific services, current fees, or to confirm hours before visiting. Staff can assist with various payment and transfer needs.

For Colorado Springs, CO residents, this South Academy location is practical for urgent check-cashing or money transfer needs. Bring a valid photo ID and the appropriate documents for your transaction. MoneyGram provides accessible financial services for people who need quick access to cash or money transfer capabilities.

Services & Features

Account-free money transfer services
Bill payment services
Check cashing
Domestic money transfers
In-person cash pickup at retail locations
International money transfers
Money orders
Online money transfer management
Real-time fund availability at select locations
Wire transfers

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Extensive retail network with 15+ locations in Colorado Springs area alone, including multiple Walmart locations open until late hours (11:59 PM at some branches)
  • Dual channel access: both online money transfers and in-person services at convenient community locations
  • Partner locations in Walmart, Ace Cash Express, and independent shops provide neighborhood accessibility without needing a bank account
  • Simple interface for sending and receiving money both domestically and internationally
  • No bank account required to use services, serving underbanked and unbanked populations
  • Extended operating hours at many locations (8 PM to 11:59 PM) compared to traditional banking
  • Multiple service types available at same location: transfers, check cashing, money orders, and bill payment

Cons

  • Transaction fees for money transfers can be significantly higher than bank wire transfers or ACH transfers
  • Service quality and availability dependent on individual retail partner locations, not company-controlled storefronts
  • Limited details on their website about specific fee structures or exchange rates for international transfers
  • International money transfer services may have regulatory restrictions and longer processing times
  • Retail location dependency means service hours and staff expertise vary by location and retailer policies

Rating Breakdown

Value
2.0
Effectiveness
1.5
Customer Service
2.2
Transparency
2.0
Ease of Use
3.9

Frequently Asked Questions

Is MoneyGram legitimate?

Yes. MoneyGram is a registered company, headquartered in 1622 S Academy Blvd, Colorado Springs, CO 80916.

Quick Facts

Headquarters
1622 S Academy Blvd, Colorado Springs, CO 80916
BBB Accredited
No
Starting Price
Contact provider
Setup Fee
None
Money-Back Guarantee
No
Visit MoneyGram

CreditDoc Diagnosis

Doctor's Verdict on MoneyGram

MoneyGram is best for consumers without traditional bank accounts or those needing convenient alternative financial services, particularly for international remittances or after-hours money access. The primary caveat is that transaction fees are typically higher than traditional banking alternatives, making it more expensive for frequent users—customers should compare costs before relying on MoneyGram for regular transfers.

Best For

  • Unbanked and underbanked consumers without access to traditional bank accounts
  • Individuals sending remittances internationally to family members
  • Consumers needing quick cash access or money transfers outside traditional banking hours
  • People in neighborhoods with limited banking infrastructure seeking nearby financial services
Updated 2026-04-29

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