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MoneyGram in Miami, FL

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MoneyGram at 505 SW 8th St in Miami, FL offers check cashing and money transfer services in the heart of downtown.

Data compiled from public sources

MoneyGram Review

MoneyGram's location at 505 SW 8th Street in Miami, FL sits in the Buena Vista neighborhood, just off the main commercial corridor. Open Monday through Friday from 8:00 AM to 8:00 PM, with Saturday hours from 8:00 AM to 7:00 PM, this standalone facility serves downtown Miami residents and workers. The convenient hours make it accessible before or after work.

At this Miami location, you can send and receive money transfers, cash checks, and access other financial services. For more information about specific services available at the 505 SW 8th St branch in Miami, FL, call +1 305-856-2211 during business hours. The knowledgeable staff can answer questions about fees, processing times, and accepted forms of payment.

If you need to cash a check or send money in Miami, bring a valid government-issued ID and any relevant documents for your transaction. This downtown Miami location is especially convenient for those working or living in the urban core. Visit during posted hours to access quick, reliable financial services.

Services & Features

Bill payment services
Cash pickup at retail locations
Check cashing
Domestic money transfers (online and in-person)
International money transfers and remittances
Money orders
Online transfer management and tracking
Retail partner network access (CVS, supermarkets, independent agencies)

Feature Checklist

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

Pros & Cons

Pros

  • 88+ locations across Miami provide extensive geographic coverage and accessibility
  • Extended hours through CVS partners (many open until 11 PM or 11:59 PM) enable after-hours access
  • Dual online and offline service options allow flexibility in how customers conduct transfers
  • Partnership model with supermarkets and multiservice centers serves diverse neighborhoods including lower-income areas
  • No requirement to maintain separate account—pay-as-you-go transaction model
  • Established brand with global money transfer network for international remittances
  • Multiple location types (pharmacies, supermarkets, independent agencies) reduce travel time for most customers

Cons

  • Service quality and hours entirely dependent on partner retailers, with no listed refund term of consistency
  • Website provides no pricing information, fees, or exchange rates—complete opacity on costs
  • Physical transfer still requires visiting a location; online option details not explained on location page
  • No credit-building benefits—purely transactional with no account history reporting
  • Limited to money movement and basic services; cannot address underlying financial challenges

State Consumer Finance Context

This is state-level context for Check Cashing & Money Services consumers in Miami, FL. It does not confirm that MoneyGram or this specific location is licensed.

State regulator

Florida Office of Financial Regulation

Money services context in Florida

Short-term lending status: Legal

General rate context: 18% for loans under $500,000; 25% criminal usury threshold; payday loans regulated separately

Florida allows payday lending with notable consumer protections including a statewide database preventing multiple simultaneous loans, a $500 cap, and a 24-hour cooling-off period. The Office of Financial Regulation oversees all consumer lenders. Consumers can file complaints online through the OFR or the Attorney General.

Key state rules to check

  • Payday loans (deferred presentment) capped at $500 with maximum fee of $10 per $100 ($300) or $15 per $100 ($300-$500).
  • Borrowers can have only one outstanding payday loan at a time, tracked via a statewide database.
  • A mandatory 24-hour cooling-off period is required between payday loans.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does MoneyGram offer?

MoneyGram offers 8 services including Domestic money transfers (online and in-person), International money transfers and remittances, Check cashing, Money orders, Bill payment services, and 3 more.

What profile signals are listed for MoneyGram?

MoneyGram has profile signals associated with Unbanked or underbanked individuals needing to send/receive money without a bank account, International immigrants or travelers sending remittances home, Customers needing immediate check cashing or money orders without bank delays.

What are the strengths and weaknesses of MoneyGram?

Key strengths: 88+ locations across Miami provide extensive geographic coverage and accessibility; Extended hours through CVS partners (many open until 11 PM or 11:59 PM) enable after-hours access; Dual online and offline service options allow flexibility in how customers conduct transfers. Areas to consider: Service quality and hours entirely dependent on partner retailers, with no listed refund term of consistency; Website provides no pricing information, fees, or exchange rates—complete opacity on costs.

How does MoneyGram compare to similar companies?

In the Check Cashing & Money Services category, comparable providers include Check Cashing Store, Check Cashing USA, Check Cashing USA. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
505 SW 8th St, Miami, FL 33130
BBB Accredited
No
Visit MoneyGram

CreditDoc Profile Note

Research Note on MoneyGram

MoneyGram is profile signals for unbanked or underbanked consumers in Miami who need quick money transfers, check cashing, or money orders without maintaining a bank account. The primary caveat is complete pricing opacity—fees, exchange rates, and transfer costs are not disclosed on their website, making it impossible to compare value before transacting.

Profile Signals

  • Unbanked or underbanked individuals needing to send/receive money without a bank account
  • International immigrants or travelers sending remittances home
  • Customers needing immediate check cashing or money orders without bank delays
Updated 2026-05-08

Similar Companies

Check Cashing Store logo

Check Cashing Store

The Check Cashing Store offers check cashing, payday loans ($100-$1,000), money orders, and MoneyGram services across Florida with over 30 years of operating history.

BBB: NR

Profile signals: Consumers needing immediate check cashing with same-day access in the Miami area, Short-term borrowers seeking payday loans with flexible repayment periods (7-90 days) rather than standard 2-week terms

Check Cashing USA logo

Check Cashing USA

Check Cashing USA Hallandale Beach, Florida — Check Cashing USA offers check cashing, money orders, and wire transfers at their Hallandale Beach, FL loc...

BBB: NR

Profile signals: Unbanked and underbanked individuals who are researching short-term cash access without a bank account, Workers with irregular pay schedules who need check cashing outside standard banking hours

Check Cashing USA logo

Check Cashing USA

Check Cashing USA offers check cashing, payday loans, installment loans, prepaid debit cards, money orders, and wire transfers at their Hialeah, FL location with extended hours.

BBB: NR

Profile signals: Unbanked or underbanked workers needing immediate paycheck access without a bank account, Individuals without access to credit who face genuine emergencies requiring short-term cash access

Compare Your Needs With MoneyGram

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Quick Summary

  • MoneyGram is listed as a Check Cashing & Money Services provider in Miami, FL on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

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