The Walmart MoneyCard is a prepaid debit card that offers a variety of benefits and features to its users. With this card, you can get your pay up to 2 days early with direct deposit, earn cash back on purchases, and even share the love by ordering additional cards for family members. The card also offers overdraft protection and a 2% interest rate on savings, making it a convenient and cost-effective option for managing your money.
One of the main perks of the Walmart MoneyCard is the ability to receive your pay up to 2 days early with direct deposit. This means that you can access your funds sooner and have more control over your finances. Additionally, the card offers cash back rewards on purchases made at Walmart.com, Walmart fuel stations, and Walmart stores, up to $75 each year. This can help you save money on your everyday purchases.
The Walmart MoneyCard also allows you to share the love by ordering up to 4 additional cards for family members ages 13 and up. This can be a great way to teach responsible spending habits to your children or provide financial support to loved ones. The card also offers up to $200 in overdraft protection with opt-in and eligible direct deposit, giving you peace of mind and avoiding costly overdraft fees.
There is no monthly fee for the Walmart MoneyCard if you have a qualifying direct deposit of $500 or more. Otherwise, the fee is only $5.94 per month. The card also offers a 2% interest rate on savings, making it a great option for those looking to save money. Additionally, the card has a lock protection feature in the app, allowing you to prevent purchases if your card is misplaced and instantly restore it when found.
The Walmart MoneyCard can be used for purchases anywhere Debit MasterCard or Visa debit cards are accepted in the U.S. There is no minimum balance or credit check required to get a card, making it accessible to a wide range of individuals. You can easily make deposits through direct deposit, adding money from an existing bank account, or using the app for free cash reloads at Walmart stores nationwide. If you have any questions about your card, you can log into your account on the website or app, or contact customer service for assistance.