Walmart Money Card Review: Good Or Bad?
Walmart money card was introduced in 2007 in partnership between Walmart and Green Dot Bank.
It was launched as a reloadable prepaid debit card that targeted customers who may not have access to a bank account.
It's a good alternative to Walmart credit cards because it offers rewards, direct deposit features, and savings benefits.
The following are the key features of this card:
Though this card offers several benefits, it has variable fees, including:
What Bank Does Walmart Money Card Use
The Walmart MoneyCard is issued by Green Dot Bank, Member FDIC (insured by the Federal Deposit Insurance Corporation).
Walmart's money card is still available as Green Dot Bank continues to partner with Walmart as the issuing bank. This partnership was extended in 2019 to last until January 1, 2027.
What Is The Monthly Fee For Walmart MoneyCard
The monthly fee is $5.94 for everyone, but it is waived if you deposit at least $500 in the previous monthly cycle. It is a monthly recurring fee, so you have to care to deposit above $500 to avoid this charge.
What Is The Withdrawal Limit For Walmart Card
There are certain withdrawal limits for this card based on the situation. ATM withdrawals are $500 per day. Bank teller withdrawals inclusive of $1500 per day. And if you cash back at the store is limited to $500 per day.
What Is Walmart Money Card Routing Number
A routing number is a nine-digit code to identify the bank that issue the account. Here, this routing number is used for direct deposits, bill payments, and ACH transfers.
You may find your routing number only in the Walmart MoneyCard app or on the Walmart website.
How To Register & Activate Walmart Money Card
If you are interested in the reloadable MoneyCard offered by Walmart, you can register online and complete the process.
Please note that activation requires online access and identity verification, including a Social Security Number.
How To Check Money Card Balance Of Walmart
There are various mediums to check the deposit balance on this card. Use any of the following mediums securely.
Online: Login with your credentials to check the balance of your card.
Application: Using the MoneyCard app you are able to get information about your remaining balance and other charges.
Phone: You can call (877) 937-4098 on this number to know balance update immediately.
How To Cancel Walmart MoneyCard
There are limited ways to cancel or opt out of the Walmart Money Card if you’re unsatisfied or for other reasons. Call customer service at (877) 937-4098 and request cancellation.
Withdraw or spend all your balance before requesting account cancellation or closing your account.
Whom To Contact For Walmart Money Card
If you are facing a problem using this card or report a loss or fraud activity. Use the Walmart moneycard customer service number (877) 937-4098 for immediate help and service support.
Walmart Money Card vs One Card
Compared with One Card which is issued by Capital One in the form of a Credit card, MoneyCard issued by Walmart is beneficial in several ways.
Walmart Money Card vs Green Dot
Compared with the Green Dot card, this card is much better because of lower monthly fees, magnificent rewards, and others.
Walmart MoneyCard Review: Conclusion
In conclusion, the Walmart Money Card is a reliable alternative prepaid card for people who often shop at Walmart stores or online. The maximum cashback is 3% which is impressive and none of the bank cards offer that much.
It is even good to use at gas stations because of the two percent cash-back reward. So, overall, it’s a good card to buy.
Author’s Recommendation:
Frequently Asked Questions
Can I use my Walmart money card at a gas pump?
Yes, you can use your Walmart MoneyCard at the gas pump.
Can I withdraw money from my Walmart money card?
Yes, you can withdraw cash from ATMs, Walmart stores, and bank tellers, but may have fees.
Where can I load my Walmart money card?
You can reload your Walmart MoneyCard at Walmart stores, via direct deposit, bank transfers, or using the mobile check deposit feature in the app.
Does Zelle accept Walmart money cards?
No, Zelle does not currently support Walmart MoneyCard.
Is Walmart money card a prepaid card?
Yes, Walmart MoneyCard is a reloadable prepaid debit card issued by Green Dot Bank.
Is the Walmart money card still available?
Yes, the Walmart MoneyCard is still available and can be purchased online or in Walmart stores.
Do you have to be 18 for a Walmart money card?
Yes, you must be at least 18 years old to open a Walmart MoneyCard account.
This post was originally published at The Next Tech → Read here