The Walmart MoneyCard prepaid debit card could be a value that is good committed Walmart clients. The card, released by Green Dot Bank, has cash-back rewards for Walmart acquisitions and free services that are online.
Acquisitions and withdrawals
The Walmart MoneyCard doesn’t charge fees to make acquisitions, however it does for ATM deals. It is possible to withdraw cash free of charge at Walmart and earn money back at specific stores.
Reloads
You can easily reload cash on the card ways that are several free, but there’s absolutely no 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 issuer that is card’s Green Dot Corp., may be the topic of almost 1,600 complaints filed aided by the customer Financial Protection Bureau.
Based on complaints meant to state and regulators that are federal Green Dot clients have reported having their reports frozen for several days and even months after disputing a transaction, cutting them faraway from cash they want for day-to-day costs.
Numerous Green Dot clients whom filed complaints describe having cash stolen from their reports or charges that are unauthorized their cards. Based on the complaints, these presssing dilemmas have already been hard to resolve.
Best for Walmart stores, restricted elsewhere
The Walmart MoneyCard, unsurprisingly, supplies the many perks to individuals who manage shop and money online at Walmart. There are numerous free services, including online transfers, a cost savings function and customer support support, along with cash-back that is annual.
» Not exactly exactly what you were hoping to find? Here’s a list of the greatest prepaid debit cards
Options to prepaid debit cards
Other available choices, including mobile banking institutions and differing other debit that is prepaid, have actually reduced or no month-to-month costs, wider ATM sites and much more solutions. Listed below are a few options:
Chime
Build up are FDIC Insured
Chime is an account that is mobile goes beyond the go to my blog conventional prepaid debit card offerings, including free access to 30,000 ATMs, having your paycheck as much as two times early, cash benefits and automated cost cost cost savings. Plus, it is all free: no month-to-month costs, overdraft charges, or international deal fees — until you deposit money, in which particular case an authorized may ask you for.
Simple
Build up are FDIC Insured
Real to its title, this mobile account keeps it easy having its no-fee bank account. Depositing cash are an inconvenience and could run you, but you’ll be able to utilize 40,000 ATMs for any other solutions free of charge. Simple also provides cost management tools that will help you retain monitoring of investing.
GoBank
If you’re looking for a banking account but can’t qualify due to a problematic banking record, GoBank may be a fit that is good. Though there’s a $8.95 monthly fee, you are able to avoid it insurance firms $500 or even more in direct build up four weeks. You’ll be able to ensure you get your paycheck as much as two days prior to when you’d at a normal bank.
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Ranks methodology
NerdWallet’s overall score is a weighted average of those four categories: basic costs and features (40%), acquisitions and withdrawals (35%), reloads (15%) as well as other solutions (10%). Facets we think about, according to the category, consist of costs, ATM access, reload choices, breadth of vendor acceptance, account features and limitations, consumer-facing tech and client 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 subscribe to prepaid debit card reviews to make certain persistence and precision.
In regards to the writer
Spencer Tierney
Spencer Tierney is a professional on certificates of deposit at NerdWallet. Their work is showcased by United States Of America Today plus the Los Angeles Occasions. Study more