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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 are able to pick which prepaid card works best for the needs of yours.

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

Prepaid cards offer users the capability to follow a certain budget and also, therefore, much more easily restrict their spending. They may work well for those who are on a budget, although they could also be the best option for teaching kids about spending money.

Prepaid cards are usually regarded as a less risky choice than money because if you lose the card, many have security measures which protect the account of yours against theft. Additionally, for a modest fee, you can generally switch the card with no stress.

American Express offers greater 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 memory card fleet (whereas the $6.95 fee for the basic Amex Serve card is actually waived when users direct deposit $500 or higher during each monthly 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, but the Cash Back provides rewards while the FREE Reloads flash card lets owners in over 45,000 places in the U.S. as well as Puerto Rico put money onto the card absolutely free.

The way to increase cash to the card of yours Both cards provide free direct deposit of paychecks as well as government benefits, although the FREE Reloads adds the convenience of letting users reload the card of theirs at no cost at participating locations including CVS, Dollar General as well as more.

With each cards, you can access part of or all of your paycheck up to two days before payday after you enroll inside direct deposit. Both cards also offer mobile check deposits.

Users can send dollars and receive money to other Serve owners without difficulty with the mobile app.

rewards and Perks Through the site or perhaps the movable app, you are able to work with no cost bill pay to send money, 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 allows users to send just about anyone across the fifty states as well as Puerto Rico money to be ordered out of participating Walmart locations. The day 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 each 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 those cards has an edge: if you are searching for money back rewards, the American Express Serve® Cash Back flash memory card is ideal for you. But if you handle a lot of money and want to make sure that you are able to smoothly reload the card of yours without needing to spend any costs then the American Express Serve® FREE Reloads flash memory card is a bit better suited to your needs.

In case you are looking to stay away from paying a monthly fee, you ought to check out the Bluebird by American Express card, that enables someone to amenable subaccounts and may be the best choice for families.

If you are a common Walmart shopper and would like to bank on incentives higher than 1 % money in the past the Walmart MoneyCard could be a better match with three % money back on eligible Walmart.com along with in app Walmart orders, two % cash back at Walmart fuel stations, and 1 % cash back from Walmart stores, a maximum of $75 each year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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