Walmart Moneycard Reviews

The Walmart MoneyCard has a $1.00 card purchase fee at Walmart stores. The monthly service fee is $5.94, which can be waived if one receives direct deposits totaling $500 or more in the previous month. Adding money to the card at Walmart registers costs $3.00, but it's free using the app at Walmart. Cash deposit fees at other locations can be up to $5.95. For cash withdrawals, using an ATM incurs a $2.50 fee, but it's free when withdrawing cash at Walmart MoneyCenters and Customer Service desks. Teller cash withdrawals also have a $2.50 fee. Additionally, there's no fee deducted from the account when proceeds from checks cashed at Walmart stores are added to the card, although Walmart's check cashing fees still apply.

Among the popular products and services offered by Walmart MoneyCard, the cash-back rewards are highly regarded. Customers earn up to $75 in cash-back rewards annually: 3% on Walmart.com, 2% at Walmart gas stations, and 1% at Walmart stores. The card also facilitates free cash withdrawals at over 5,000 Walmart locations and free cash reloads in Walmart stores using the MoneyCard app. The direct deposit feature is another highlight, offering the convenience of receiving payroll or government benefits up to 2 or 4 days early. Additionally, the online bill pay service is available at no extra cost. For savings, the MoneyCard includes a feature that earns 2% interest on balances up to $1,000. Family accounts for up to 4 approved members aged 13+ can be ordered with an activated, personalized card, making it a versatile option for managing family finances.

The Walmart MoneyCard offers various payment methods for convenience. Customers can direct deposit their pay or government benefits, which allows for early access to funds. Adding money to the card from an existing bank account is possible, and there are free cash reloads using the app at Walmart stores nationwide. For bill payments, users can utilize the online features or the app to pay bills on their schedule. The card can also be added to mobile wallets for use with Walmart Pay, Google Pay, or Samsung Pay. Additionally, checks can be deposited using a smartphone through the app. These features provide a comprehensive payment system that caters to a range of financial needs and preferences.