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Money orders tend to be cheaper than cashier’s checks, costing around $0.35 to $5 compared to around $10 for cashier’s checks. Finally, money orders are sold at post offices, stores and check ...
A money order is like a check you can buy with cash — it's a secure way to send or receive money. You can buy a money order from a financial institution, a grocery store, or the post office.
Key Differences: Money Order vs. Cashier’s Check. Money orders and cashier’s checks work similarly, and both are alternatives to using regular checks. That said, ...
Maximum amount limits. Many money orders have a limit of $1,000. You could get several money orders if you need to move more than that. However, you could also get a cashier's check instead. The ...
Cashier’s checks and money orders are safer than personal checks and they won’t bounce. The two forms of payment, however, do differ. Read on to learn about what separates a money order vs ...
Key takeaways. Money orders are safe, prepaid forms of payment that can be used in place of cash or checks. You can purchase money orders from post offices, grocery stores, banks and check-cashing ...
A money order is similar to a personal check, except that the money is “guaranteed” since you have to buy it. In other words, a money order can’t bounce like a check.
The best place to get a money order will likely depend on where you live and how much you’re willing to pay for one. You can generally purchase money orders at banks, credit unions, the U.S ...
Money orders are typically capped at $1,000, while most banks and credit unions will issue cashier’s checks for any amount. Fees for money orders tend to be relatively low – $5 or less.