 TITLE: The Difference Between a Money Order and a Cashier’s Check CONTENT: The Differences Between Money Orders and Cashier's Checks\n---------------------------------------------------------\nThe major difference between cashier's checks and money orders is their cost and where they're purchased. Money orders are typically offered in smaller amounts, can be bought at many different locations and cost just a few dollars. Cashier's checks, on the other hand, are often issued in large amounts, can be purchased from your bank and cost a little more to get.\nDepending on what you're using the money for, here is a little information about the differences between the two payment options:\nA **money order** is essentially a prepaid piece of paper, similar to a check, that you get in exchange for cash. You can use them to send people money, and recipients can easily deposit them into their bank accounts. Many places sell money orders, including the post office, Walmart and Western Union, as well as various supermarkets and convenience stores. Money orders cost just a few dollars and can typically be obtained for amounts up to $1,000.\nA **cashier's check** is similar to a money order, but is issued by a bank and requires a bank account. When you get a cashier's check, your bank will either hold or remove the funds from your account and give you a bank-issued check in the amount you request. Cashier's checks can be used just like a money order or personal check; the only difference is that since the funds are guaranteed by a bank and already removed from your account, recipients can have immediate access to the funds. Cashier's checks, while more expensive than money orders, may be considered more trustworthy as they are backed by a bank, but can still be obtained for just a few dollars—typically under $10. END