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Q: What is the advantage of using a money order instead of a personal check?
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What is a bank money order?

A money order is a payment order for a pre-specified amount of money. Because it is required that the funds be prepaid for the amount shown on it, it is a more trusted method of payment than a personal check. Merchants welcome the extra security of a pre-paid money order instead of a personal check, which can bounce.


What is the advantage of having a pay check advance?

The advantage of having a pay check advance is that you can get money when you are short in between paychecks. This way, you can get the money right when you need it without having to wait for your next payday.


Advantages and disadvantages of paying by check?

The biggest advantage of paying with a check is that you do not have to carry cash. One of the disadvantages is that you could potentially spend money that you do not have and be assessed fees for using more money than what is in your account.


What are the advantages and disadvantages of personal savings?

•Advantage: unlimited, the more you save the more you have to spend •Advantage: You have full control of your personal savings and you decide what to do with it. •Advantage: no interest •Disadvantage: it takes time to save up money • disadvantage: temptation to spend some of your savings is never too far away.


When the bankruptcy court directs you to forward your income taxes to them for the next 5 years do you send them the actual original check or deposit it and mail a personal cashiers check?

You deposit the check and send them a cashier's check or money order. (Unless the Trustee accepts personal checks)


What is a stipend check?

an amount of money you are paid to do a certain job...it usually is paid only once but you can check. the stipend can be in many different forms (i.e. room and board instead of money etc.).


Who give cash back on personal checks?

Some stores will allow cash back on a personal check that is wrote at the time of purchase


What is the advantage of keeping your money in a savings account?

Some of the benefits are:You get an easier way to save moneyYou get a Debit card that you can use for shopping instead of having to carry cash in your purseYou earn an interest on the money you keep in your accountYou get a check book that you can use for paying for services like telephone bill, grocery bills etc.


Why would someone use a money order instead of a check?

A money order is safer from the point of view of the seller. it cant bounce like a cheque can.


What is the maximum value for a Bank of America check?

The maximum value of a Bank of America check can only be determined if the check is a hand-written personal check, cashier's check, or a Bank of America money order check. All are different.


How does personal loans work?

When you get a personal loan, you have the advantage of being able to use the money you borrow for any purpose, such as debt consolidation to consolidate debt or travel costs. It all comes down to your individual needs.


Name something you have to put on a personal check?

Signature Making it out to Amount of money Date Driver's License Address