Is A Money Order Better Than Cash?
Like a check, money orders are written directly to individuals or companies by name, requiring endorsement and identification to cash them. This makes money orders much more secure than cash, protecting the funds in case of loss or theft.
Do money orders clear immediately?
When can I access this money? These types of deposits are subject to next-day availability if the deposit was made in person to a bank employee, meaning that they are available the next business day after the banking day on which the deposit is made.
I deposited a USPS Money Order, Cashier's Check, Certified Check ...
Why do people prefer money orders?
Money orders are especially simple in that they're just like cash. You pay for them ahead of time, so that whatever amount you intend to send is not able to be changed--unlike with checks, for example, who can bounce due to insufficient funds. Money orders are among the surest, simplest ways to send money.
5 Reasons to Use a Money Order - Check on Hold
Why would you use a money order instead of cash?
A money order is a safe alternative to cash or a personal check; it works like a check so you can cash it or deposit it into a bank account. When using cash or personal checks put you at risk, or they aren't accepted for payment, you can use a money order instead.
How Money Orders Work: What You Should Know - NerdWallet