Personal Finance Money transfer

MoneyGram promo code: how to get one and alternative ways to send money abroad

Zorica Lončar

19.05.23 (updated more than 1 year ago)

Read time 2 minutes

Thinking of using MoneyGram to send money overseas? If so, you’ll want to get the best possible deal when it comes to things like transfer fees and exchange rates.

Some online money transfer sites like MoneyGram occasionally offer promo codes and other special offers. They’re usually for new customers, but not always. If you can take advantage of one of these offers, it could save you money on at least your first international transfer.

In this guide, we’ll show you how to get MoneyGram promo codes. We’ll also look at alternative ways to send money abroad, including Wise - which can work out cheaper than some options.

Does MoneyGram do promo codes?

Yes, MoneyGram issues money transfer promo codes for discounts from time to time.¹ There’s not currently a permanent offer for new customers, such as a free or discounted first transfer. But this doesn’t mean there won’t be in the future, so you’ll need to keep checking back on the MoneyGram website or app.

The best way to get money off a MoneyGram transfer is to join its rewards programme. We’ll look at how to do this next.

How to get a MoneyGram promo code

Don’t need to use MoneyGram right now? If you’re simply considering using it for a future transfer, then you can keep checking back at the MoneyGram website to see if any special offers or new promo codes are launched.

But if you need to get money abroad fast, you can save by joining the MoneyGram Plus Rewards Programme. It’s free to sign up, although you’ll need to create a MoneyGram profile first - but this is also free of charge.

It’s well worth signing up if you plan to use MoneyGram anyway, as you’ll get:²

A Welcome Gift when you sign up - 50% off your second transfer
Ongoing rewards - 30% off the fee after every third transfer
Access to exclusive promo codes and offers.

Alternatives to MoneyGram for sending money abroad

Of course, MoneyGram isn’t the only international transfer service around. There are lots of alternatives to choose from, including Western Union, Remitly, OFX and Xoom.

If you prefer, you could also use your bank to send money overseas. However, this can be slow and expensive, and isn’t usually the most convenient option.

For consistently low fees and margin-free exchange rates, an alternative like Wise could be the best choice. It’s quick and easy to open a Wise multi-currency account online, and from there you can send money worldwide in just a few clicks.

There’s also the handy Wise app for managing and tracking transfers on the move.

Join Wise today

Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees.

So if you’re interested in using MoneyGram for your overseas transfer, make sure you check out that MoneyGram Plus Rewards Programme.

It’s a great way to unlock discounts and make your transfer just a little cheaper, especially when there aren’t any other promo codes running.

Just make sure to compare other providers first. As even with a discount applied, MoneyGram could still be beaten by another transfer service such as Wise.

Sources used:

Sources last checked on date: 03-May-2023

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.