Walmart is available to shop at all across the United States, as well as the world. They sell food, clothes, tools, toys, cell phones, electronics, pretty much anything you could be looking for to help ease your shopping experience. Now they are even offering a prepaid debit card to help even more. If you are tired of your debit card and looking for something else, this debit card could be the answer you have been looking for.
Benefits
The Walmart MoneyCard is a prepaid debit card, that can be reloaded at any time. It doesn’t require you to have a credit check, or have a bank account to open this debit card. Plus, Reloading the money onto the card is easy and can be done in six different ways. You can reload by cash, cashing a check, direct deposit, online transfer, through Walmart money centers, or through MoneyPak. If you reload your card by cash, it can be done at any Walmart register for a fee of $3. The $3 fee will also apply if you reload your card through the Walmart money centers. If you don’t want to pay that $3 fee, you can reload your Walmart MoneyCard for free through cashing a check at Walmart, direct deposit from your paycheck or government check, or by transferring money directly from your bank. Right now, if you reload your card using direct deposit, you will receive a $10 bonus.
This debit card doesn’t have an overdraft fee, but if you are trying to make a purchase and you don’t have enough funds loaded on the card, your transaction could be rejected. You will then be responsible to pay the amount that wasn’t covered immediately. There is no minimum balance required to keep on the card. This card comes as a Visa Card or a Mastercard, so it is accepted where ever these two cards are accepted. That means you can use your Walmart Prepaid Debit card to shop online, get cash, pay your bills, use the ATM, or whatever else you would normally use a debit card for.
When it comes to choosing the right bank and debit card, you should always choose a bank that is FDIC insured. The Walmart Prepaid Debit card is one of those. You know your money will be protected because it is FDIC insured. Plus, your money will be protected if your card becomes lost or stolen.
Walmart is also offering the option to receive one percent cash back for gasoline purchases used with the Walmart MoneyCard across the nation. Rules and guidelines apply for this cash back bonus.
Fees
The Walmart MoneyCard does come with some fees. As previously mentioned, there is a $3 fee if you reload your card by using cash, and other fees that could vary if you reload your MoneyCard through Green Dot locations other than Walmart. There is also a monthly maintenance fee of $3. That fee will be waived if you reload over $1,000 onto your Walmart MoneyCard each month. You will also be charged fees for ATM transactions, replacements cards if your card is lost or stolen, a fee for personalized cards, and foreign transactions.
Applying
The Walmart MoneyCard is easy to apply for and can be done online. The application process is quick and only takes 60 seconds to complete. Once you have been approved for the Walmart MoneyCard you can follow your transaction and know the balance on your MoneyCard online, through the official website.
The Walmart MoneyCard is available now and the $10 bonus for transferring money to your prepaid debit card through direct deposit won’t last long, so if you feel this card is right for you, apply now!
