The Walmart MoneyCard prepaid debit card could be a value that is good devoted Walmart clients. The card, given by Green Dot Bank, has cash-back benefits 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. You are able to withdraw cash 100% free at Walmart and earn cash back at specific merchants.
Reloads
You can easily reload cash on the card a few means for free, but there’s no chance to prevent charges 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., could be the topic of almost 1,600 complaints filed with all the customer Financial Protection Bureau.
In accordance with complaints meant to state and regulators that are federal Green Dot clients have actually reported having their records frozen for several days as well as months after disputing a deal, cutting them faraway from money they want for day-to-day costs.
Many Green Dot clients whom filed complaints describe having cash taken from their reports or unauthorized costs to their cards. In accordance with the complaints, these 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 manage shop and money online at Walmart. You can find free solutions, including online transfers, a cost cost cost savings function and customer care support, along with yearly cash-back benefits.
» Not exactly what you were hoping to find? Here’s a summary of the greatest debit that is prepaid
Options to prepaid debit cards
Additional options, including mobile banking institutions and differing other debit that is prepaid, have actually reduced or no month-to-month charges, wider ATM companies and much more solutions. listed here are an alternatives that are few
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Chime
Build up are FDIC Insured
Chime is really a mobile account that goes beyond the conventional prepaid debit card offerings, including free access to 30,000 ATMs, having your paycheck as much as two times early, money rewards and automated cost cost cost savings. Plus, it is all free: no month-to-month costs, overdraft costs, or foreign deal fees — until you deposit money, in which particular case a 3rd party may ask you for.
Simple
Build up are FDIC Insured
Real to its title, this mobile account keeps it simple using its no-fee bank account. Depositing money could be an inconvenience and could 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 which will help you retain monitoring of spending.
GoBank
If you’re looking for a banking account but can’t qualify due to a problematic 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. You may ensure you get your paycheck as much as two days sooner than you’ll at a bank that is regular.
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Reviews methodology
NerdWallet’s rating that is overall a weighted average among these four categories: general charges and features (40%), acquisitions and withdrawals (35%), reloads (15%) along with other solutions (10%). Factors we think about, with regards to the category, consist of costs, ATM access, reload choices, breadth of vendor acceptance, account features and limitations, 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 subscribe to prepaid debit card ranks to make sure accuracy and consistency.
Concerning the writer
Spencer Tierney
Spencer Tierney is a specialist on certificates of deposit at NerdWallet. Their work happens to be featured by United States Of America and the Los Angeles Times today. Find out more