Fixed fee
A flat per-transfer fee starts low online and rises for card-funded or over-the-counter sends.
MoneyGram calculator
MoneyGram fees calculator
MoneyGram competes with Western Union on physical reach, and often undercuts it on online pricing with app-only discounts.
Send money with MoneyGram — compare against 14 services
Live mid-market ratesEnter the details below and tick the services you want — the ranking refreshes on its own.
About the figures: exchange rates are mid-market rates pulled from free public APIs and refreshed about every 30 minutes. Fees and margins come from each provider's published pricing and are comparison estimates — always confirm the live price with the provider before you send.
Fee breakdown
How MoneyGram charges you
Every MoneyGram transfer has four cost components. Here is exactly what each one means.
Percentage fee
A percentage component of 1%–3% applies on top, so larger transfers cost more in absolute terms.
Exchange rate offered
MoneyGram publishes its own rate, which includes a margin over the interbank mid-market rate.
Markup vs mid-market
Expect the rate to be roughly 1.4%–2.1% worse than mid-market depending on the funding method.
Why people choose MoneyGram
- Low online pricing
- Fast cash pickup
- Bank deposit in many countries
What to watch out for
- Rate markup still applies
- Counter pricing is higher
FAQ
MoneyGram fees — common questions
How much does MoneyGram charge to send money?
MoneyGram charges a fixed fee of 1.99 plus 1% of the amount on bank-funded transfers (figures from our editable fee config). Debit and credit-card funding are priced in the calculator above.
Does MoneyGram add an exchange-rate markup?
Yes. MoneyGram applies a markup of 1.4% on bank transfers, 1.7% on debit cards and 2.1% on credit cards over the mid-market rate. The calculator shows both the offered rate and the difference from mid-market in your send currency.
How long do MoneyGram transfers take?
Minutes for cash pickup · 1–3 days to a bank. Delivery also depends on the destination country, the payout method and when you start the transfer.
What payment methods can I use with MoneyGram?
The calculator compares bank transfer, debit card and credit card funding. Card payments almost always cost more, which is why the ranking can change when you switch methods.
How is the total cost of a transfer calculated?
Total cost combines two things: the fees charged by the provider (fixed fee + percentage fee) and the exchange-rate markup over the mid-market rate. The calculator adds both and expresses the result in the send currency, then shows exactly how much the recipient receives.
What is the mid-market rate?
The mid-market rate (also called the interbank rate) is the midpoint between the buy and sell prices of two currencies on the global market. It is the rate you see on Google or Reuters before any bank or provider adds a margin.
Compare MoneyGram with other providers
See how MoneyGram stacks up against Wise, Revolut, Western Union and the rest — or open another calculator below.
Wise fees calculator
True mid-market rate with one transparent, upfront fee.
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Fixed transfer fees with express delivery in minutes.
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No transfer fees — costs are baked into a tight exchange margin.
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App-based transfers at interbank rates on weekdays.
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PayPal-owned service for bank deposit, cash pickup and delivery.
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