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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 pick from, you can choose which prepaid card works perfect for your requirements.

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

Prepaid cards provide owners the capability to follow a certain budget and also, consequently, a lot more easily limit their spending. They may work nicely for those who are on a budget, though they might additionally be a good choice for teaching kids about spending money.

Prepaid cards are often regarded as a more secure alternative than cash because in case you lose the card, several have security measures which protect your account against theft. In addition, for a fair fee, you are able to usually switch the card with no stress.

American Express provides greater than a single prepaid Serve card so owners are able to chose the card which works ideal for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the 2 monthly-fee choices within Amex’s prepaid card fleet (whereas the $6.95 fee for the basic Amex Serve card is waived when users strong deposit $500 or more during each month declaration 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 actually identical, but the Cash Back offers incentives while the FREE Reloads flash card lets users in more than 45,000 locations in the U.S. and Puerto Rico put money onto the card at no cost.

How you can add cash to your card Both cards provide free direct deposit of paychecks and also government benefits, although the FREE Reloads gives the convenience of letting users reload their card at no cost at participating locations like CVS, Dollar General and other things.

With both cards, you are able to access a part of or even almost all of the paycheck of yours up to 2 days before payday after you enroll within direct deposit. Both cards moreover offer mobile check deposits.

Users can send cash and receive money to various other Serve users easily with the mobile app.

rewards and Perks Through the website or maybe the on the move app, you are able to work with no cost bill pay to send money, or perhaps pay the bills of yours by composing a check on the web and American Express will mail it for your needs.

The money transfer option makes it possible for users to send anyone across the 50 states as well as Puerto Rico money to be bought from participating Walmart locations. The day transfer limit is $2,500 across all your Serve accounts. According to FintechZoom Costs are as follows:

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

Bottom line Each of those cards comes with an edge: in case you are searching for money back incentives, the American Express Serve® Cash Back card is ideal for you. But in case you handle a lot of money and would like to make certain that you are able to effortlessly reload your card without having to pay 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 trying to stay away from paying a monthly fee, you should take a look at the Bluebird by American Express card, that allows one to amenable subaccounts and may be a good choice for families.

If you’re a common Walmart shopper and would like to bank on incentives higher than one % cash in the past the Walmart MoneyCard may be a much better fit with three % cash back on eligible Walmart.com along with in app Walmart orders, two % cash back from Walmart fuel stations, in addition to one % cash back at Walmart stores, as big as $75 per year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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