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MoneyGram in Memphis, TN

2.3/5

4155 Elvis Presley Blvd in Memphis, TN — MoneyGram check-cashing location open daily 8AM–11PM for money transfers and bill payments.

Data compiled from public sources · Rating from CreditDoc methodology

MoneyGram Review

Located at 4155 Elvis Presley Blvd in Memphis, TN, this MoneyGram check-cashing store serves residents and visitors needing quick financial services. The location operates daily from 8 AM to 11 PM, providing extended hours seven days a week to accommodate working schedules and weekend banking needs throughout the Memphis area.

This Memphis MoneyGram location specializes in money transfers, check cashing, bill payments, and cash advances. For questions about fees, account services, or specific transaction needs, customers can call +1 800-746-7287 to speak with staff during business hours.

If you need to cash a check or send money in Memphis, TN, bring a valid photo ID and be prepared for weekend and evening service — this location makes it convenient when traditional bank branches are closed. MoneyGram's straightforward approach to quick financial services makes this a reliable stop for time-sensitive transactions.

Services & Features

Bill payment services
Check cashing
Domestic money transfers
In-person transaction processing
International money transfers
Money orders
Multi-currency exchange services
Online transfer initiation
Real-time transfer tracking
Wire transfers

Feature Checklist

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

Pros & Cons

Pros

  • 48+ locations in Memphis alone indicating widespread accessibility and convenience
  • Extended operating hours through retail partners (some open until 11:59 PM) vs. traditional bank hours
  • Hybrid service model allowing both online and offline transaction initiation
  • Multiple agent partner types (Ace Cash Express, CVS, convenience stores) provide varied location options
  • Both domestic and international money transfer capabilities from single service provider
  • Fast transaction processing enabling same-day fund delivery in many cases

Cons

  • Money transfer fees are significantly higher than traditional bank wire transfers
  • Limited to transactional services—no savings accounts, credit products, or financial planning
  • Dependent on third-party retail locations, so service quality and availability varies by agent
  • International transfers subject to exchange rate markups that reduce recipient value
  • No account features or record-keeping tools beyond individual transaction history

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 4155 Elvis Presley Blvd, Memphis, TN 38116.

Quick Facts

Headquarters
4155 Elvis Presley Blvd, Memphis, TN 38116
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 unbanked consumers and those sending international remittances who prioritize speed and convenience over cost. The main caveat is that transfer fees are substantially higher than traditional banking alternatives, making this service most economical for time-sensitive transfers rather than regular money movement.

Best For

  • Unbanked and underbanked consumers without access to traditional bank accounts
  • Immigrants and expatriates sending money to family members internationally
  • Consumers needing rapid fund transfers outside standard business hours
  • People requiring check cashing or money order services at convenient neighborhood locations
Updated 2026-04-29

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