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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With over a single American Express Serve Card to choose from, you can select which prepaid card works best for your requirements.

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

Prepaid cards offer users the potential to follow a specific budget as well as, therefore, more easily restrict their spending. They can work very well for people on a budget, but they could in addition be a good option for teaching kids about spending money.

Prepaid cards are often regarded as a more secure option than money because if you get rid of the card, several have security measures which protect your account against theft. Additionally, for a fair fee, you are able to typically replace the card with no stress.

American Express offers greater than one prepaid Serve card so users are able to chose the card that works best for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the 2 monthly fee options in Amex’s prepaid card fleet (whereas the $6.95 price for the fundamental Amex Serve card is actually waived when users direct deposit $500 or more during each monthly 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 two cards are similar, though the Cash Back provides rewards while the FREE Reloads flash card allows users in over 45,000 locations in the U.S. as well as Puerto Rico put cash upon the card at no cost.

The way to increase money to the card of yours Both cards provide free direct deposit of paychecks and also government benefits, though the FREE Reloads adds the advantage of letting users reload the card of theirs for free at participating locations including CVS, Dollar General as well as other things.

With both cards, you are able to access a part of or even most of the paycheck of yours up to 2 days before payday once you enroll in direct deposit. Both cards also provide mobile check deposits.

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

Perks and rewards Through the site or maybe the mobile app, you can use no cost bill pay to send money, or pay the bills of yours by composing a check on the internet and American Express will mail it for you personally.

The money transfer choice allows users to send everyone across the fifty states and Puerto Rico money to be ordered out of participating Walmart locations. The daily transfer limit is $2,500 across your Serve accounts. According to FintechZoom Costs are as follows:

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

Bottom line Each of these cards includes an edge: if you’re searching for money back incentives, the American Express Serve® Cash Back flash memory card is for you. But if you handle a great deal of cash and want to ensure that you can conveniently reload your card without having to spend any fees subsequently the American Express Serve® FREE Reloads flash memory card is better suited to the requirements of yours.

In case you’re looking to avoid spending a monthly fee, you need to check out the Bluebird by American Express card, that enables someone to open subaccounts and also could be the best option for families.

If perhaps you are a standard Walmart shopper and are looking to bank on rewards higher than one % money in the past the Walmart MoneyCard may be a much better match with 3 % money back on eligible Walmart.com and in-app Walmart orders, two % cash back from Walmart fuel stations, along with one % cash back from Walmart stores, as big as $75 yearly.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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