A cashier’s check is a type of check that is guaranteed by the bank that issued it. This means that the bank promises to pay the full amount of the check to the person or organization that cashes it. Cashier’s checks are often used for large purchases or transactions, such as buying a car or house or paying rent or tuition.
How much does a cashier’s check cost?
The cost of a cashier’s check varies from bank to bank. In general, you can expect to pay between $10 and $20 for a cashier’s check. However, some banks may charge more or less, depending on the amount of the check and your account type. For example, some banks may waive the fee for cashier’s checks if you have a high-balance checking account.
There are a few things to keep in mind when getting a cashier’s check. First, you will need to have enough money in your account to cover the cost of the check. Second, you will need to provide your identification to the bank when you order the check. Finally, you will need to wait a few days for the check to be processed.
If you need to get a cashier’s check quickly, you may be able to pay an additional fee to have the check expedited. However, this is usually not necessary, as most banks can process cashier’s checks within a few business days.
Here are some tips for getting a cashier’s check:
- Shop around for the best price: Not all banks charge the same for cashier’s checks.
- Consider getting a cashier’s check online: Some banks offer online ordering for cashier’s checks, which can be more convenient than going to the bank.
- If you need the check quickly, be prepared to pay an additional fee for expedited processing.
Cashier’s checks are a safe and convenient way to make large payments. If you need to make a large purchase or transaction, a cashier’s check is a good option.
Here are some additional information about cashier’s checks:
- Cashier’s checks are backed by the bank that issued them, so they are considered to be very secure.
- Cashier’s checks can be used for a variety of purposes, including buying a car, house, or furniture; paying rent or tuition, or making a large donation.
- Cashier’s checks are typically more expensive than personal checks, but they offer a higher level of security.
- If you need to get a cashier’s check, you can usually do so at your bank or credit union.
Here are some of the benefits of using cashier’s checks:
- Security: Cashier’s checks are backed by the bank that issued them, so they are considered to be very secure. This means that the person or organization that cashes the check can be confident that they will receive the full amount of money.
- Convenience: Cashier’s checks can be used for a variety of purposes, making them very convenient. For example, you can use a cashier’s check to buy a car, house, or furniture; pay rent or tuition; or make a large donation.
- Reliability: Cashier’s checks are reliable and guaranteed by the bank that issued them. This means that you can be sure that the check will be honored when it is presented for payment.
Here are some of the drawbacks of using cashier’s checks:
- Cost: Cashier’s checks are typically more expensive than personal checks. This is because they require more processing time and paperwork.
- Time: It can take a few days to get a cashier’s check. This is because the bank needs to verify your account information and process the order.
- Inconvenience: Cashier’s checks can be inconvenient to carry around. This is because they are larger and more bulky than personal checks.
Overall, cashier’s checks are a safe and convenient way to make large payments. However, they are typically more expensive than personal checks. If you need to make a large payment, you should weigh the pros and cons of using a cashier’s check before making a decision.
What are some banks that issue Cashier’s Checks?
Here are some banks that issue cashier’s checks:
- Bank of America
- Chase
- Citibank
- Wells Fargo
- US Bank
- PNC Bank
- Truist
- TD Bank
- Capital One
- Fifth Third Bank
These banks typically charge a fee for cashier’s checks, which can range from $5 to $25. The fee may be waived for certain account holders, such as those with premium checking accounts.
If you do not have a bank account, you may still be able to get a cashier’s check from some banks. However, you will likely need to pay a higher fee. You can also get a cashier’s check from some check-cashing stores and grocery stores, but these fees are typically higher than those charged by banks.
Here are some tips for getting a cashier’s check:
- Call ahead to your bank or credit union to find out the fee for a cashier’s check.
- Bring cash or a check to cover the amount of the cashier’s check.
- If you are not a customer, be prepared to pay a higher fee.
- Consider getting a cashier’s check online if your bank offers this option.
What’s the price of a Cashier’s Check at banks?
Here is a table of the prices of cashier’s checks at some popular banks:
| Bank | Checking/Savings Account Fee | Waived for |
| Bank of America | $15 | Preferred Rewards members |
| Chase | $10 | Sapphire Preferred and Sapphire Reserve cardholders |
| Citibank | $15 | Citigold and Citi Priority account holders |
| Wells Fargo | $10 | Active Cash and Platinum Honors cardholders |
| US Bank | $10 | Platinum Honors and Premier checking account holders |
| PNC Bank | $10 | Virtual Wallet Premier and Select account holders |
| Truist | $10 | Advantage Relationship Banking and Premier Relationship Banking account holders |
| TD Bank | $10 | Convenience Checking and Beyond Checking account holders |
| Capital One | $20 for online orders, $10 in branch | |
| Fifth Third Bank | $15 | Priority Checking and Select Checking account holders |
Please note that these prices are subject to change. It is always best to call your bank or credit union to confirm the current fee for a cashier’s check.