Investment Apps and Websites

Bank Of America Review: What You Need To Know Before Opening An Account

Finding a perfect bank partner is not easy. That is why we are giving you this Bank of America review not just to know more about this popular financial institution, but for you to find out if it’s indeed the right one for you or not.

Bank of America Review

It’s already given — Bank of America is one of the country’s most sought after financial institutions. Not surprising at all as the size of the bank in itself is hard to underestimate.

Guess what? According to the Federal Deposit Insurance Corporation (FDIC), Bank of America holds about $1 out of every $10 deposit in the United States.


Do you see that? If you are looking for a credible and strong banking institution, definitely, Bank of America is one of the best choices.

But there’s more to know about this famous financial institution, and that is what we are going to talk about today.

In particular, we are going to tackle the following:

  • Who is Bank of America?
  • Who is Bank of America best for?
  • What does Bank of America offer?
  • What are the fees that Bank of America charges?
  • How to do banking with Bank of America?
  • How is Bank of America’s customer service?
  • What are the highs and lows of Bank of America?


According to Statista, the history of Bank of America can be traced back to 1904. Yes, that’s how long Bank of America has been around. Formerly known as Bank of Italy, what made it stand out then from other American banks was that it “offered financial services to immigrants arriving in the United States and not only wealthiest American citizens.”

The bank was only named Bank of America in 1998 after it was acquisitioned by Nations bank, which is the largest bank acquisition in history during that time.

After the acquisition, through the subsequent aggressive campaign, it has transformed Bank of America from being a regional player to a national giant — which is what it is today.

From its inception until today, Bank of America continues to grow. Currently, it boasts over 4,200 branches all over the United States, which makes it convenient for customers.

Furthermore, the bank is considered one of the “most valuable banking brands globally and one of the leading banks in terms of assets or market capitalization” according to Statista report.

In 2018, Bank of America is ranked fourth among the largest employers in the banking sector. The bank employs more than 136 thousand people.

Speaking of assets, Bank of America’s total asset as of 2018 was estimated at 2.35 trillion U.S. dollars. During the same year, the bank reported a net income of $28.15 billion, which was more than 80% of the bank revenue in the country at that time.

Although the bank is all over the place, it’s headquarter is situated in Charlotte, North Carolina.

Before moving on, sharing with you this informative review on Bank of America by Toply. This would definitely help as you decipher whether the bank is right for you or not.


The very reason why we are making this Bank of America review is to help individuals discern if the bank is the right one for them.

If you are someone who is looking for a bank that is conveniently located wherever you are within the country, then Bank of America is perfect for you. With so many branches across the country, you will surely find one anywhere.

Furthermore, Bank of America is also suitable for those who:

  • Want to do banking with a well-known, large financial institution
  • Do not mind navigating a multifaceted system of rules
  • Want a bank that has a wide variety of financial products to choose from
  • Are not that concerned about earning a competitive rate on your savings account
  • Are aware of the many fees and how to get out of them

If you see yourself in any of the above-mentioned, then Bank of America may be your perfect match.


Just like in our other bank reviews, in this Bank of America review, we are going to share with you the different products and services that Bank of America offers. This way you get to have an idea not just about what they have, but also, to gauge any of these products and services fits your needs and preferences when it comes to banks.

Since Bank of America is a large bank, it is already given that they offer a wide range of products and services. With Bank of America, you can basically find anything you need to manage your money.

Here are the major products that Bank of America offer:

  • Checking accounts
  • Savings accounts
  • Certificates of deposit
  • Money market and CD IRAs
  • Credit cards

When it comes to services, Bank of America offers online, mobile, and in-person banking, as well as customer service.

Now, let’s proceed to look through each of the major products of the bank.


Bank of America offers three different checking accounts to choose from. These are:

  • Advantage SafeBalance Checking Account
  • Advantage Plus Checking Account
  • Advantage Relationship Checking Account

Advantage SafeBalance Checking Account

At first sight, this looks like a good checking account. It charges neither overdraft fees nor non-sufficient funds (NSF) fees. In addition to that, if you meet certain requirements, monthly fees are waived.

Sounds really good, right?

But as the saying goes, nothing is perfect. The problem comes in when you start looking into what under this checking account.

Now, to be able to qualify for the monthly fee waiver, you need to enroll in the Preferred Rewards program of the bank, which requires a three-month combined average balance of at least — guess how much? At least $20,000 across all your Bank of America and/or Merrill investment accounts.

Failure to meet such requirements means you will have to pay the $4.95 monthly maintenance fee for this particular account.

This checking account, just like most checking accounts out there pays zero interest. It does not come with checks as well. You can move money in and out still but only by using direct deposit, in-person deposit, and withdrawal, as well as through ATM, your debit card, and bank-to-bank transfers.

We know what you’re thinking. It’s kind of odd not having checks for a “checking” account.

Advantage Plus Checking Account

Unlike the SafeBalance, Bank of America’s Advantage Plus Checking Account is most likely what a lot of people will be interested in.

With this account, a minimum of $100 is required to open one. The Advantage Plus Checking Account also comes with the option to purchase paper checks.

Another thing to like about this account is that it is easier to meet the monthly requirements in order to have the $12 monthly fee waived. All you need to do is to:

  • Keep an average of at least $1,500 daily balance
  • Have an eligible direct deposit of at least $250
  • Enroll in the Preferred Rewards program (with a minimum of $20,000 barrier to entry)

Just like any other checking accounts, it does not pay any interest as well. In addition, you can potentially be charged for an overdraft as well as NSF fees with this account if you overdraw it.

An overdraft fee costs $35 for every overdraft that is more than $1. However, the bank provides you an option to get into overdraft protection from your Bank of America savings account, but you will still be charged $12 for every transfer to cover the overdraft.

Advantage Relationship Checking Account

The Advantage Relationship Checking Account is ideal for people who tend to keep large amounts of money in their accounts. If you keep at least $10,000 into your linked Bank of America accounts every statement cycle, the $25 monthly fee will be automatically waived.

Furthermore, a waiver is also available if you sign up for the bank’s Preferred Rewards program.

Unlike the other two checking account options, the Advantage Relationship Checking Account pays you a bit of interest. A bit because it’s only 0.01%.

In addition, with Advantage Relationship Checking Account, you can also get to enjoy a few perks, which include free wire transfers, free checks, free overdraft protection transfers, as well as waived monthly fees on certain other bank accounts if you link them to this.


Just like its checking accounts, Bank of America also offers three different savings accounts, namely:

  • Advantage Savings Account
  • Minor Savings Account
  • Custodial UTMA Savings Account

Let’s discuss each of them —

Advantage Savings Account

Unlike in other banks, Bank of America offers just one saving account for adults. Unfortunately, there’s not much to like about this particular account.

For one, the Advantage Savings Account only offers about 0.03% annual percentage yield (APY), and the rate varies by location. If you come to think of it, it’s too low that it’s negligible.

Two, sadly, the account comes with an $8 monthly fee. To be honest, we find it too much given the fact that to offset the monthly fee, you will need to keep several hundred thousand dollars in your account to earn interest.

Although the monthly fee can be waived provided you have an average of at least $500 daily balance in your account.

Minor Savings Account

As the account name suggests, Bank of America’s Minor Savings Account is intended for customers who are 18 years old and below.

The account requires a minimum deposit of $25 to open one and does not charge any monthly fees.

While it charges $1 if your child does go over six withdrawals in a statement cycle, the said fee can be waived as long as the account maintains a minimum balance of $300 at all times.

When it comes to the interest rate, it’s basically the same as the Advantage Savings, which means it does not earn so much as well.

Automatically, once the account holder turns 18 years old, the account will be switched over to the full Advantage Savings account — including all the fees that the account charges.

Custodial UTMA Savings Account

The Custodial UTMA Savings Account is similar to Minor Savings. What makes the difference is that instead of opening it jointly with your kid, you (parent or guardian) remain in full control over the account until your child reaches 18 years of age.

Only then will the account be completely theirs, and they will be allowed to do anything and everything they want with the money they saved.

Unlike Minor Savings though, the Custodial UTMA Savings Account requires a higher deposit to open. It requires $100 to open an account, and it also comes with an $8 monthly fee if you do not keep at least $500 in the account at all times.


Bank of America offers two options for regular, non-IRA CDs. These are Featured CDs and Standard Term CDs.

Standard Term CDs is ideal for those with a limited amount of money. With this option, you can start with as little as $1,000.

For Standard Term CDs, Bank of America offers a broad range of term lengths which start from 28 days up to 10 years!

Sadly, though, these CDs so not pay much interest, too — at least as of May 2020.

Now, if you have a bit more cash, specifically $10,000 or higher, then Featured CDs are ideal for you.

The thing about Featured CDs is that they offer better rates — at least as of May 2020. However, they are still a far cry from the best CD rates available from competing banks and credit unions.

Also, unlike other CDs, Featured CDs of Bank of America does not come in as many term lengths. They only have 7, 10, 13, 25, and 37 months.


Monet Market IRA

There are many banks and credit unions that offer a money market account, which when compared to checking and savings accounts, are considered a hybrid.

Bank of America offers just one money market account, which they call Money Market IRA. With this account, you can save for your retirement within an FDIC-insured account.

You can start saving for as low as $100. This account can be opened within a traditional IRAor a Roth IRA.

Unlike when saving to an IRA CD, saving through a Money Market IRA allows you to withdraw money whenever you need it. However, for savers below 59 1/2, withdrawals may not be a good idea as the IRS will heavily penalize you for early IRA withdrawals.

To put it simply, withdrawals only makes sense if you are on your retirement age already.

IRA Certificate of Deposit

Bank of America offers you Standard Term IRA CDs and Featured IRA CDs when it comes to IRA CDs. While both are essentially the same thing, what makes the difference is that Featured IRA CD requires a slightly higher minimum deposit as compared to Standard Term IRA CD. It’s $2,000 versus $1,000.

But apart from the two, Bank of America offers one more option under IRA CDs. It’s the Variable IDA CD, which comes with an interest rate that changes over the CD’s term. The term ranges between 18 and 23 months. Also, this particular IRA CD requires a much smaller deposit, which amounts to $100. It’s also available as a traditional or Roth IRA.


As expected, Bank of America also offers a variety of credit card options. They offer 23 different cards to be exact. More so, the bank partners with many third-party companies to offer branded cards with corresponding perks.

Here’s what Bank of America offers:

Cash-Back Credit Cards

  • Bank of America Cash Rewards
  • Susan G. Komen Cash Rewards Visa Credit Card from Bank of America
  • MLB Credit Cards
  • World Wildlife Fund Credit Card
  • U.S. Pride Credit Card

Travel Rewards Credit Cards

  • Bank of America Travel Rewards
  • Bank of America Premium Rewards
  • Alaska Airlines Visa Credit Card
  • Norwegian Cruise Line World Mastercard
  • Spirit Airlines World Mastercard
  • Allegiant World Mastercard
  • Amtrak Guest Rewards World Mastercard
  • Air France KLM World Elite Mastercard
  • Sonesta World Mastercard
  • Royal Caribbean Visa Signature Credit Card
  • Virgin Atlantic World Elite Mastercard
  • Asiana Visa Signature Credit Card
  • Celebrity Cruises Visa Signature Credit Card

Balance Transfer Credit Cards

  • BankAmericard

Secured Credit Cards

  • BankAmericard Secured Credit Card

Student Credit Cards

  • Bank of America Cash Rewards for Students
  • BankAmericard Travel Rewards for Students
  • BankAmericard for Students


Apart from the major products we discussed, Bank of America also offers the following:

  • Auto loans
  • Auto loan refinance
  • Business banking services
  • Financial advisors
  • Home equity lines of credit (HELOCs)
  • Investments through Merrill Edge and Merrill Lynch
  • Mortgages
  • Refinance mortgages
  • Self-directed portfolios
  • Managed portfolios
  • Private banking


Of course, our Bank of America review will not be complete without us looking into the fees the bank charges.

As mentioned earlier while discussing each product of the bank, Bank of America charges a certain monthly fee. The amount varies depending on the type of account you have.

Meanwhile, when it comes to overdraft fees, they charge $35 as often as four times per day. So yeah, it’s quite expensive especially if you have a hard time keeping enough money in your account or accounts.

For negative balance, the bank does not charge anything for it, which is good news.

By the way, you can opt for overdraft protection, but it will cost you $12 per day that a transfer happens from a linked Bank of America savings or secondary checking account.


To apply for a bank account with Bank of America, you can either go online or visit a local branch near you.

In particular, it is recommended that you head to a branch if you have any of the following:

  • Limited credit history
  • Depositing more than $100,000

To open an account, you will need to provide personal information as required by federal law.


Bank of America ranks below many other big banks when it comes to banking satisfaction.

Based on the 2019 U.S. Retail Banking Satisfaction Study from J.D. Power, there are a few more banks that ranked even lower than Bank of America across different regions and states when it comes to customer service.

Bank of America offers basically offers most of what you’d expect from a bank as big as it is — mobile app, online banking, and of course, FDIC insurance.

The downside though is that it may be a little tricky getting ahold of someone from the bank as it does not offer 24/7 call-in support. However, it does offer chat support real best.


Our Bank of America review will not be complete without us summarizing the bank’s highs and lows – basically what we like and what we do not like about it.

Here it goes —


  • Bank of America is easily accessible across the country with about 4,200 branches and more than 16,000 ATMs.
  • It provides an award-winning mobile banking app, and have really invested in digital technology.
  • It provides a wide range of financial products and services to choose from.
  • It offers useful perks such as a round-up savings feature and a cash-back program.


  • Both savings and CDs APY is low as compared to other banks.
  • It comes with high monthly fees, which are avoidable but customers need to meet certain requirements.
  • It has poor customer service ratings.


Bank of America is no-doubt a well-trusted and credible bank. With years in the banking industry, they surely know what they are doing.

Unfortunately though, as compared to other banks it is not as competitive when it comes to APY – most of its products.

So, do you think Bank of America is the right one for you?

To end, based on what we have tacked in this Bank of America review, choosing Bank of America over other banks in the country depends on what you exactly need. It’s a person-to-person basis. What works for one, after all, may not always mean it’ll work for all.

Investment Apps and Websites

What You Need To Know About Money Orders, Bank Checks, And Cashier’s Checks

To avoid confusion, it is important to know the differences between money orders, bank checks, and cashier’s checks, and of course, how and when to use them.

all about money orders, bank checks, and cashiers checks

For some reason, the time has changed. Unlike before, money orders, bank checks, and cashier’s checks are not that common now. For sure, at least once in your life, you are likely to deal with any or all of them, but not as often as they used to be.


Nevertheless, to ensure you know what to do once the encounter happens, it is best to know the difference between money orders, bank checks, and cashier’s checks. At least, once you encounter any of these, you know what to do with them, right?

So, to help you out, we are particularly going to answer the following commonly asked questions regarding these products:

  • What are Money Orders, Bank Checks, and Cashier’s Checks?
  • How to Purchase Money Orders, Bank Checks, and Cashier’s Checks?
  • When to Use Money Orders, Bank Checks, and Cashier’s Checks?
  • When to Accept Money Orders or Cashier’s Checks?
  • How to Avoid Scams?


More than anything else, it is first and foremost important to know the definition of each product to be able to differentiate one from the other.

So, with that said, here are what money orders, bank checks, and cashier’s checks are all about:


According to the Corporate Finance Institute (CFI), a money order is defined as “a guaranteed form of payment for a specified amount that two parties can use as a form of payment in exchange for a given product or service.

Furthermore, it says that to be able to obtain a money order, “an entity must pay the amount that’s been agreed upon for a good or service.”

It is the issuers’ responsibility to produce the official money order document. The document can be handed to the other party or parties (whichever is applicable) involved in the transaction.

Once the other party or parties have received the document, it can then be replaced or exchanged for a deposit in the holder’s bank account.

The money order concept has been around since the late 18th century Britain. Initially, when it was launched, the concept was not successful. It was thought that the system’s high fees, as well as other traditional payment methods like checks and cash, was more appealing to people.

However, when the payment was sold off to a private buyer, the fees were lowered and as they say it, the rest is history.

Although the money order concept was appealing and profitable, just like any other product in the market, it’s not perfect. It comes with a few disadvantages as well.

One is that the payment system found that there was limited acceptance and usage in the brokerage as well as in insurance industries because of money laundering concerns.

This concern was eventually addressed though. Thanks to legislation like the U.S. Bank Secretary Act as well as the USA Patriot Act that required money orders to be subject to “more regulatory processing” than checks.

More so, to make using money orders safer, the U.S. government also capped the maximum transaction amount at $1,000 for domestic orders, while for international orders, the maximum amount allowed at $700.


Bank checks are probably the most common among the three products. It’s commonly used by a lot of people on a day-to-day basis.

A bank check, also known as a certified bank check refers to a check that is issued and guaranteed by a bank.

Once a checking account holder obtains a bank check, the bank automatically removes or subtracts the specific amount of money from the payer’s checking account, and then moves it to another or a separate account (the receiver’s account).

In the country, in almost all cases, all individuals need to have a checking account with their preferred bank to be able to use a bank check.

Basically, once the check is deposited or cashed by the receiver, the funds are withdrawn from the payer’s account.

Since the money is directly taken from the payer’s account, and set aside for the recipient, it is unlikely for a bank check to bounce — unless of course, there are not enough funds.

Having a bank check is quite convenient and safe especially when dealing with a big amount of money. Businesses are more likely to use one as compared to individuals — again, for the reason of paying big amounts of money.


A lot of people often confuse a bank check with a cashier’s check, which is pretty much understandable given the fact that they are alike.

But to be specific, let us define what a cashier’s check really is.

Cashier checks are defined as a secure way to make big payments. Technically, the check itself is written by a financial institution, which could either be a bank or a credit union, against its own funds.

When a person requests a cashier’s check from his or her bank or credit union, the money is automatically moved out of the person’s account as well as into the bank’s account. The bank representative will then sign it over to a named party.

When purchasing cashier’s checks, you need to pay for the full face value of the check. Furthermore, you will also be charged for a small premium for the service.

As mentioned, a cashier’s check is usually associated with large payments that guarantee extra protection. Some of the cases or scenarios that people use cashier’s checks include:

  • Paying closing costs for a mortgage
  • Buying a car or a boat
  • Purchasing a piece of land or any property for that matter
  • Making down payment for a house or a car

In short, a cashier’s check is not ideal for everyday use or everyday spending. It’s best used in making large payments or financial transactions.

To put it simply, check out the below video by Rocking Finance. He basically presents what makes one different from the other:


So, by now you already know what money orders, bank checks, and cashier’s checks are all about. Thus, this time around, we are going to discuss how to actually purchase each of them.

As a customer, it is also important to know the process of purchasing money orders, bank checks, and/or cashier’s checks. This way, you do not get overwhelmed or you avoid catching yourself not knowing what to actually do.

So, here is the process on how to purchase these products:


As mentioned, a money order is a paper document that is similar to checks. It’s used as a form of payment, but not as popular as checks.

Generally speaking, money orders can be bought from your bank or credit union.

However, you can also buy money orders from other institutions like the post office; supermarkets, and convenience stores; check cashing, money transfer, and payday loan stores; and/or other businesses that offer them.

When purchasing a money order, the bank or any financial institution for that matter will either accept cash or direct debit your account.

In most cases, banks charge a fee for money orders. However, they may only waive the fee if you win certain types of accounts with them. It’s like a privilege they give to their customers for specific bank account types.

More so, when buying money orders, the buyer has to have the amount of the money order, as well as the name of the payee. As much as possible avoid making the money order out to cash. Also, make sure to always keep the receipt for future reference.

Just so you know, the maximum amount allowed for money orders is $1,000 only.


Unlike cashier’s checks, bank checks can be used on a day-to-day basis.

However, to be able to write checks, one must have a stack of bank checks. Makes sense, right?

Normally, your first set of checks comes from the bank once you open an account. Some, if not most, banks offer the first stack of blank checks for free.

But, what happens once you have already used them all up?

Well, it’s easy and simple. All you need to do is order more personal checks for a certain fee, print your own checks, and then, get fancy with new bank checks!

By the way, when ordering checks, you have three options to choose from. These are:

Ordering checks from a catalog or online

Print your own checks

Call your bank and order check refills directly from them

To be honest, we highly recommend doing the last option every time. While all of them require a fee, we just find ordering or purchasing from the bank easier, more convenient, and safer.

Getting your stack of checks from the bank means you do not have to figure out where your account, as well as routing number, are. So, if you want less hassle and work, opt for the last one.


Just like money orders, cashier’s checks can also be purchased from your bank or credit union. Normally, it will cost you around $8 for the purchase.

For those who opt to get it from the bank, you got to first and foremost, ask the requirements to order a check. Technically though, you may either need funds available in your account, or you need to bring a few cash to the bank to buy checks.

There are actually two ways to purchase cashier’s checks. You may buy in-person, which means you walk into most brick-and-mortar banks to get a check issued, or you may opt to buy it online. Online banks and other well-known banks allow you to request a cashier’s check online. When ordering it online, the bank will send it to you via mail, which means you need to wait until it gets to your mailbox.

For your reference, the bank will surely ask a few details before issuing a check. These details include:

  • Check Amount
  • Payee’s Name
  • Other Details (like “memo,” notes, reference number, etc.)
  • Identification Card (such as driver’s license, passport, or other government-issued ID)
  • Payment for Fees (as mentioned, cashier’s checks usually costs around $8 to $10 depending on the bank)

Meanwhile, for those opting to get a cashier’s check from credit unions, you basically need to bring an ID as well as the information of your “home” credit union. Make sure to call ahead your preferred credit union to know if they provide cashier’s checks.

The good thing about credit unions is that they issuer cashier’s checks to those who do not have a bank account. Although some institutions only issue checks for customers so better check first.


You already know what money orders, bank checks, and cashier’s checks are all about, and how to purchase them. So, what’s next?

Of course, knowing when to actually use each of them. Yes, there is a right time to use a money order, a bank check, and/or a cashier’s check.

So, here it goes —


A money order is ideal to use when you are going to make large purchases and carrying cash is too risky.

It is also ideal when your debit card or your personal check won’t be accepted by the receiver.

More so, a money order is the best choice when purchasing a car or any large purchase for that matter and the amount is more than the limit put in place by your bank of choice.

Furthermore, money orders are idea for people who:

  • Want a safer alternative to cash
  • Do not have a bank account
  • Want to keep his or her anonymity
  • Encounter sellers who require such mode of payment
  • Want to send funds abroad in a more convenient way


Bank checks or also known as personal checks are useful up to this day. There are a couple of transactions that still require checks.

One example is if you are renting a space, landlords usually prefer tenants to pay rent with checks (some would require post-dated checks even). There are also small businesses that do not accept debit or credit card, but checks.

Checks are also best if you want to stay disciplined with regards to your spending habits. By issuing checks, you get to take note of your expenses.

Generally, bank checks do have a lot of uses. In fact, it can be used on a day-to-day basis.

People who feel unsafe bringing cash in paying purchases may opt to bring issue checks instead.

Unlike money orders, bank checks can be issued regardless of how big or small the amount is.


A cashier’s check has similarities with a money order. One similarity is — you use it in making large purchases.

A cashier’s check is usually used by people who are making down payment on a house they are buying, or a car or any property that costs a lot and bringing cash is too risky.

For banks to issue a cashier’s check to a customer, the customer has to have a bank account with them.

Historically, a cashier’s check is considered as a safer payment method as compared to a personal or bank check since funds are guaranteed.

Furthermore, they are considered safer for you since they do not contain your account number, which is visible in personal checks.


Based on the information we have already provided you, while all three have differences, they do have similarities as well.

One obvious similarity is that money order, bank check, or a cashier’s check can be used when making payments that are too much to pay on a cash basis. Needless to say, all three provides safety and security for the issuer.

But what about as a recipient? When it is best to accept money order, bank check, or cashier’s check?

Just the same, it is best to opt for either of the three when you are selling a large item to a private seller.

By opting for a money order, bank or cashier’s check, you will help protect you because funds are guaranteed as long as the money order or the checks are legit and that there are no stop payments put on the checks.

By the way, as an issuer of a money order or cashier’s check, please keep in mind that once you have already purchased them, it would be very difficult to cancel. So, imagine if you on the receiver’s end. That’s total security in there, right?


You are probably wondering why we have to tackle scams. Well, unfortunately, there is a wide range of scams circulating that use either money orders or checks particularly cashier’s checks.

The scams usually involve giving you a check for deposit into your account with an instruction to withdraw the funds, and then, send a part or all of the money to someone else.

What happens next is that the original money order or cashier’s check won’t clear, and you are left out of the money.

So, to avoid scams, make sure to only transact with trusted people or entities. Do not just deal with anyone. Do your research first before issuing a money order, a bank check, or a cashier’s check.

Do not be a scam victim. Do your part.


In this day and age, maybe some of you will find it odd to still be issuing money orders and checks. With everything going digital and paperless, it feels like it’s outdated.

But let’s be realistic, money orders and checks are very helpful. We don’t know with you, but, ultimately, this mode of payment for purchases or whatever transactions is very convenient and safe.

So, have you decided which one to use yet?

Just keep in mind that while money orders, bank checks, and cashier’s checks do have their differences, at the end of the day, they exist so you can make large purchases without having to worry about bringing a lot of cash-on-hand.