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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With over one American Express Serve Card to select from, you can choose which prepaid card works ideal for the needs of yours.

Here’s a breakdown of the Cash Back along with Free Reloads cards.

Prepaid cards offer users the capability to follow a specific budget and, therefore, more easily restrict the spending of theirs. They may work very well for people on a budget, however, they can also be a good option for teaching children about spending money.

Prepaid cards tend to be thought to be a less risky alternative compared to money because in case you drop the card, several have security measures which protect your account against theft. Plus, for a fair fee, you are able to generally replace the card with no stress.

American Express provides more than a single prepaid Serve card so owners can chose the card that actually works ideal for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the two monthly-fee choices within Amex’s prepaid card fleet (whereas the $6.95 price for the fundamental Amex Serve card is waived when users direct deposit $500 or more during each month statement period.)

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard - Amex Serve Cash Back vs. FREE Reloads
Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

 

The 2 cards are identical, however, the Cash Back offers incentives while the FREE Reloads card lets users in over 45,000 locations in the U.S. and Puerto Rico put cash upon the card free of charge.

How you can increase cash to the card of yours Both cards extend free direct deposit of paychecks and also government benefits, although the FREE Reloads gives the advantage of letting users reload their card at no cost at participating locations like CVS, Dollar General as well as other things.

With both cards, you can access part of or perhaps all of your paycheck up to 2 days before payday once you enroll inside direct deposit. Both cards likewise provide mobile check deposits.

Users can send dollars and receive money to other Serve owners easily with the mobile app.

rewards and Perks Through the website or maybe the mobile app, you can use free bill pay to send cash, or pay the bills of yours by writing a check on the internet and American Express will mail it for your needs.

The cash transfer choice enables users to send just about anyone across the fifty states and Puerto Rico cash to be ordered from participating Walmart locations. The daily transfer limit is $2,500 across all your Serve accounts. According to FintechZoom Fees are as follows:

  • $4.99 for every cash transfer up to $50
  • $8.99 for every money transfer of $50.01-1dolar1 1,000
  • $16.99 for every money transfer of $1,000.01-1dolar1 2,500

Bottom line Each of those cards includes an edge: if you’re looking for money back rewards, the American Express Serve® Cash Back card is for you. But in case you handle a lot of money and want to ensure that you can very easily reload the card of yours without needing to spend any fees subsequently the American Express Serve® FREE Reloads flash memory card is a bit better suited to the needs of yours.

In case you’re looking to stay away from paying a monthly fee, you should have a look at the Bluebird by American Express flash card, which allows you to open subaccounts and also might be a good choice for families.

If perhaps you are a common Walmart shopper and want to bank on rewards higher than one % money before the Walmart MoneyCard might be a much better fit with 3 % cash back on eligible Walmart.com along with in-app Walmart purchases, 2 % cash back at Walmart energy stations, and one % cash back from Walmart stores, up to $75 every year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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