The Walmart MoneyCard prepaid debit card could be a value that is good committed Walmart clients. The card, given by Green Dot Bank, has cash-back rewards for Walmart purchases and free services that are online.
Acquisitions and withdrawals
The Walmart MoneyCard doesn’t charge fees in making acquisitions, nonetheless it does for ATM transactions. it is possible to withdraw money 100% free at Walmart and earn cash return at specific stores.
Reloads
It is possible to reload cash onto the card a few means for free, but there’s not a way in order to avoid costs for depositing money at Walmart shops or somewhere else.
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Customer complaints about Green Dot
The card’s issuer, Green Dot Corp., could be the topic of almost 1,600 complaints filed with all the customer Financial Protection Bureau.
Relating to complaints built to state and federal regulators, Green Dot clients have actually reported having their reports frozen for several days or even weeks after disputing a deal, cutting them removed from cash they require for day-to-day costs.
Numerous Green Dot clients whom filed complaints describe having cash taken from their records or unauthorized costs to their cards. Based on the complaints, these presssing problems have now been hard to resolve.
Beneficial to Walmart stores, restricted somewhere else
The Walmart MoneyCard, unsurprisingly, offers the many perks to those who handle cash and shop online at Walmart. There are a few payday loans ME free services, including online transfers, a cost cost savings function and customer support support, along with yearly cash-back rewards.
» Not exactly what you were hoping to find? Here’s a listing of the greatest prepaid debit cards
Options to prepaid debit cards
Additional options, including mobile banking institutions and different other debit that is prepaid, have reduced or no month-to-month costs, wider ATM systems and much more solutions. Listed below are an alternatives that are few
Chime
Build up are FDIC Insured
Chime is really an account that is mobile goes beyond the typical prepaid debit card offerings, including free access to 30,000 ATMs, having your paycheck as much as two times early, money benefits and automated cost cost cost savings. Plus, it is all free: no month-to-month charges, overdraft charges, or transaction that is foreign — until you deposit money, in which particular case an authorized may ask you for.
Simple
Build up are FDIC Insured
True to its name, this mobile account keeps it easy having its no-fee bank account. Depositing money are a headache and may set you back, but you’ll be able to utilize 40,000 ATMs for any other services free of charge. Simple also provides cost management tools that will help you retain tabs on investing.
GoBank
If you’re looking for a bank-account but can’t qualify due to a flawed banking record, GoBank may be a good fit. A month though there’s a $8.95 monthly fee, you can avoid it by having $500 or more in direct deposits. It is possible to get your paycheck as much as two days sooner than you’d at a typical bank.
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Reviews methodology
NerdWallet’s rating that is overall a weighted average of those four groups: basic costs and features (40%), acquisitions and withdrawals (35%), reloads (15%) as well as other solutions (10%). Facets we give consideration to, with respect to the category, consist of costs, ATM access, reload choices, breadth of vendor acceptance, account features and limits, consumer-facing customer and tech solution. Any overdraft program gets penalized under the “purchases and withdrawals” category because prepaid debit cards help to manage money without using credit. A few Nerds donate to prepaid debit card reviews to make sure persistence and precision.
About the author
Spencer Tierney
Spencer Tierney is a specialist on certificates of deposit at NerdWallet. Their work is showcased by United States Of America Today additionally the Los Angeles Days. Study more
