How Much Is a Walmart Money Card?

How Much is a Walmart MoneyCard? Find out in this article, the exact cost of a Walmart Money Card.
Ketcha Brandon
How Much Is a Walmart Money Card

The Walmart MoneyCard is a debit card that requires no bank account or credit check and therefore it helps you avoid overdraft fees.

You are able to use the Walmart MoneyCard even if you do not have a bank account as funding the Walmart Money Card can be done via direct deposit.

Several individuals often seek to know how much is a Walmart Money Card? well stay glued to this article as I will reveal to you the exact cost of a Walmart MoneyCard.

Also, the Walmart Money Card, is a reloadable prepaid card which comes with several benefits especially when it is being used for purchases.

Table of Contents

What is the Walmart Money Card?

The Walmart Money Card is a debit card that does not require a bank account or a credit check, thereby helping you avoid overdraft fees.

If you have a checking account, you will see that many of the features you find on your card are similar to those of your checking account. You can receive payments up to two days early by making use of your card for direct deposit.

If you want to keep track of your prepaid card, you can simply download the Walmart MoneyCard App to your Apple or Android smartphone.

ALSO READ: How to Load Your Walmart Money Card (Complete Guide)

How do you Get a Walmart Money Card?

In order to get a Walmart Money Card, you must complete the online application and verify some of your personal information.

Walmart requires every Money Card applicant to be at least 18 years old of age.

Below are the details you will need in order to get a Walmart Money Card:

  • Social Security Number and date of birth.
  • First and Last Name.
  • Zip Code.
  • Address and apartment or unit.
  • Mobile Number.
  • Email address.

Walmart might also demand other identification documents such as driver's License, passport, or State or national ID.

Once you have entered all your necessary information, you must check the boxes next to each of the Terms and Conditions.

Before you can open and use your account, you will need to confirm your mobile phone number through text message for security reasons.

You will receive a message asking you to provide the code that appears in your box at the phone number you provide.

You must activate your card after receiving it by providing the card number, security code (CVV), expiration date, and following the guidelines.

Benefits of the Walmart MoneyCard

Most of the features that you find on all visa and Mastercard debit cards, such as fraud protection, are available with the MoneyCard.

More to that, there is a free online bill paying service.

You can choose to make recurring payments for bills like your auto insurance by setting up recurring money recurring money orders, paper checks or both.

Also, with the Walmart Money Card, you can send money to friends and family members anywhere in the United States.

Further more, you can obtain cash back rewards by making purchases at Walmart retail locations (1% Cash back), Walmart fuel stations (2% cash back), and through the Walmart app (3% Cash back).

It is necessary you have in mind that the annual cap on cash back rewards is $75.

How Much Is a Walmart Money Card?

The Walmart MoneyCard costs $1 and can be purchased at any Walmart store. The card has a $5.94 monthly service fee, which is waived if you had direct deposits totaling $500 or more in the previous month.

Walmart MoneyCard Fees

It is of no doubt that most banking accounts comes with fees and so the Walmart MoneyCard is no different. How much does it cost to get the Walmart Money Card? well, the Walmart money card only cost $1 but there are several other fees you may incur when making use of the card.

Monthly Fee: Walmart charges a monthly account maintenance fee of $5.94 on all Walmart MoneyCard accounts.

Card Replacement: If you want to replace your lost or stolen card, you will need to pay $3 but you will have to pay $15 in case you want expedited delivery.

Load Fees: In order to load your card at Walmart locations, you will have to pay $3 but you can avoid this fee by simply using the Walmart App. In case you use a store other than Walmart, you will have to pay $5.95.

Paper Checks: You are able to request a pack of 12 paper checks for $5.95.

ATM and teller cash withdrawals: You’ll pay $2.50 to get cash. You can avoid this fee by getting cash back at Walmart locations.

Overdraft fee: You’ll pay a $15 fee if you overdraft your account.

ATM balance inquiry: Walmart charges 50 cents to tell you what your balance is at an ATM.

Foreign transaction fee: Walmart charges a 3% fee for all transactions with merchants outside of the U.S.

What is the Account Balance Limit on a Walmart MoneyCard?

With a Walmart MoneyCard, you can have a maximum balance of  $7,500 while the average competitors have a maximum balance of $3,000.

Final Thoughts on How Much is a Walmart Money Card?

The Walmart MoneyCard is a debit card that requires no bank account or credit check and therefore it helps you avoid overdraft fees.

In case you have always been searching to know the exact cost of a Walmart Money Card then this article comes handy since above you can see the price alongside the fees that comes with a using a Walmart Money Card.

Frequently Asked Questions

How much does the Walmart MoneyCard cost?

There is $1 fee to open a Walmart MoneyCard and a $5.94 monthly fee to keep the account open. The monthly fee is waived when you deposit $500 or more into your card each month, excluding person-to-person transfers.

How much can I withdraw from my Walmart MoneyCard?

You may only withdraw up to $500 from an ATM and $1,000 from a Walmart register in a single day and $1,500 per teller transaction at a participating bank, unless otherwise indicated.

How long does it take to get a Walmart MoneyCard?

As long as you are purchasing your Walmart card physically at a Walmart location, you will get your card instantly

What is Walmart MoneyCard used for?

The Walmart MoneyCard is a reloadable prepaid debit card that you can use to make electronic purchases everywhere MasterCard or Visa debit cards are accepted.

Getting Info...

About the Author

Ketcha Brandon
I am Ketcha Brandon, An article writer, content creator, Video producer, Financial Consultant and a certified Google Publisher. I write content for Our website provide information on topics such as bank accounts, Money transfers,…

Post a Comment

Cookie Consent
We serve cookies on this site to analyze traffic, remember your preferences, and optimize your experience.
AdBlock Detected!
We have detected that you are using adblocking plugin in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.
Site is Blocked
Sorry! This site is not available in your country.