Some money orders require your signature, like writing a check. However, you’re not required to sign the front of a USPS money order. Don’t sign the back, either.

A money order is a secure alternative to cash or a personal check. It works similarly to a check and is usually issued by ...

The USPS will debut the new money orders in February, the agency said in a news release on Wednesday, Jan. 22. The redesigned orders will be red, white, and blue with an updated bank routing number.

Typically, Western Union money orders can be purchased at supermarkets, check cashing shops or convenience stores. Each receipt has a unique serial number printed on it.

One big issuer of money orders is the United States Postal Service (USPS), but many grocery stores, pharmacies, check-cashing businesses and banks also offer them.

However, money orders have lower value caps compared to cashier's checks. The USPS sells money orders up to $1,000. Bank cashier's checks are written for hundreds of thousands of dollars.

Cashier's checks and money orders are two of the more secure … Continue reading → The post Cashier's Check vs. Money Order appeared first on SmartAsset Blog.