MoneyGram logo

MoneyGram

5.0/5

MoneyGram is a money transfer service offering domestic and international sending/receiving at 32+ locations across Oklahoma City through partner retailers like Walmart, CVS, and specialized money exchanges.

Editorially reviewed by Harvey Brooks

Free to Use BBB: NR Free Consultation Visit Website

MoneyGram Review

MoneyGram is a global money transfer company that operates by partnering with retail locations and specialized money services businesses rather than maintaining its own branded storefronts. The company has been operating money transfer services for decades, enabling consumers to send and receive funds both domestically and internationally through a network of agent locations.

MoneyGram's core services include money transfers (sending and receiving), check cashing, money orders, wire transfers, and bill payment services. In Oklahoma City specifically, they operate through partnerships with major retailers like Walmart (8 locations listed), CVS drugstores, Ace Cash Express, and specialized currency exchange shops such as J & P Casa De Cambio and Trusted W&C. Customers can initiate transfers online or complete transactions in-person at any of the 32+ locations listed in the Oklahoma City area.

MoneyGram distinguishes itself through its extensive retail partnership network, making services accessible at high-traffic locations where consumers already shop. Their online platform allows customers to manage transfers remotely, though they maintain physical locations for cash-based transactions. The company operates extended hours at many locations (some Walmart partners open until 11:59 PM) to accommodate various customer schedules.

A key limitation is that MoneyGram functions purely as a transfer service provider—customers cannot obtain new loans or establish credit through MoneyGram. The service is transaction-based, meaning fees apply to each transfer. Transfer costs, speed, and currency exchange rates vary by location, recipient country, and transfer method, and the website does not display specific pricing, requiring customers to contact individual locations or visit online for quotes.

Services & Features

Domestic money transfers
International money transfers
Check cashing
Money orders
Wire transfers
Bill payment services
Online transfer management
In-person cash transfer pickup
Currency exchange (through partner locations)
Mobile money transfers
Location-based transfer services

Feature Checklist

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

Pros & Cons

Pros

  • 32+ locations across Oklahoma City for convenient in-person access
  • Extended operating hours at many locations, including Walmart partners open until 11:59 PM
  • Accessible through trusted major retailers (Walmart, CVS) reducing barriers to service
  • Online money transfer capability complementing in-person locations
  • Specialized currency exchange partners (J & P Casa De Cambio) for international transfers
  • Multiple service types at single locations (transfers, check cashing, money orders, bill payment)
  • Partner locations in diverse neighborhoods (north, south, southeast Oklahoma City)

Cons

  • No pricing transparency on website—customers must contact individual locations for transfer fees and rates
  • Service is transaction-based with per-transfer fees; not suitable for frequent users seeking low-cost transfers
  • Exchange rates and fees vary by location, creating inconsistent pricing across Oklahoma City
  • Does not offer credit products or financial services beyond money movement
  • Dependent on partner retail hours; service availability limited by partner store closures

Rating Breakdown

Value
0.0
Effectiveness
0.0
Customer Service
5.0
Transparency
0.0
Ease of Use
0.0

Frequently Asked Questions

Is MoneyGram legitimate?

Yes. MoneyGram is a registered company headquartered in 905 N Virginia Ave, Oklahoma City, OK 73106. They hold a NR rating with the Better Business Bureau.

Quick Facts

Headquarters
905 N Virginia Ave, Oklahoma City, OK 73106
BBB Rating
NR
BBB Accredited
No
Starting Price
Free to Use
Setup Fee
None
Free Consultation
Yes
Money-Back Guarantee
No
Visit MoneyGram

CreditDoc Diagnosis

Doctor's Verdict on MoneyGram

MoneyGram is best for unbanked or underbanked consumers needing occasional domestic or international money transfers, check cashing, or money orders through convenient retail partnerships. The main caveat is that pricing is non-transparent and location-dependent, and the service charges per-transaction fees making it expensive for frequent users—customers should compare rates across Oklahoma City locations or consider bank-based alternatives for regular transfers.

Best For

  • Consumers sending money internationally to family or business contacts
  • Customers without bank accounts needing check cashing or money order services
  • People in areas with limited banking access relying on retail-based financial services
  • Those needing one-time or occasional money transfers rather than frequent transfers
Updated 2026-04-03

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