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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With around one American Express Serve Card to pick from, you can select which prepaid card works best for your requirements.

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

Prepaid cards provide owners the potential to follow a specific budget and also, as a result, a lot more easily limit their spending. They might work very well for individuals on a budget, however, they could additionally be the best option for teaching children about spending money.

Prepaid cards tend to be considered a less risky option than money because in case you lose the card, several have security measures that protect the account of yours against theft. Additionally, for a small fee, you are able to typically change the card without anxiety.

American Express offers more than a single prepaid Serve card so owners 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 two monthly-fee options within Amex’s prepaid flash card fleet (whereas the $6.95 price for the basic Amex Serve card is waived when users direct deposit $500 or higher 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 two cards are actually identical, although the Cash Back offers incentives while the FREE Reloads card allows users in more than 45,000 locations in the U.S. as well as Puerto Rico put cash onto the card for free.

How to add cash to the card of yours Both cards provide free direct deposit of paychecks or government benefits, however, the FREE Reloads gives the comfort of letting users reload their card free of charge at participating locations like CVS, Dollar General as well as other things.

With each cards, you are able to access a part of or perhaps almost all of your paycheck up to two days before payday after you enroll inside direct deposit. Both cards moreover 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 perhaps the mobile app, you are able to use free bill pay to send money, or pay your bills by writing a check on the web and American Express will mail it for your needs.

The money transfer option enables users to send anyone across the fifty states as well as Puerto Rico cash to be ordered via participating Walmart locations. The daily transfer restrict is $2,500 across your Serve accounts. According to FintechZoom Costs are as follows:

  • $4.99 for every cash 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 these cards comes with an edge: if you’re searching for money back incentives, the American Express Serve® Cash Back card is perfect for you. But if you handle a lot of cash and would like to make sure that you are able to effortlessly reload your card without needing to spend any fees then the American Express Serve® FREE Reloads card is a bit better suited to your requirements.

In case you’re planning to stay away from paying a monthly fee, you need to check out the Bluebird by American Express flash memory card, that enables you to amenable subaccounts and might be the best choice for families.

If perhaps you are a common Walmart shopper and want to bank on rewards higher than 1 % cash before the Walmart MoneyCard could be a much better match with 3 % money back on eligible Walmart.com and in-app Walmart purchases, two % cash back from Walmart fuel stations, along with one % cash back from Walmart stores, a maximum of $75 each year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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