Understanding The Walmart Money Card
February 18th, 2010Walmart now offers another option for those consumers with damaged credit, low credit scores, or no credit at all. It is called the Walmart Money Card and can be used anywhere VISA card is accepted.
Using your Walmart Money Card is simple. Just transfer any amount you want from other source of funds, such as direct deposit of your paycheck or any other accounts you have. It is easy to reload your card anytime and as many times as you want.
Monitor your card balance online or by receiving balanace alerts via your cell phone. You can use your card for whatever you want such as paying bills, buying groceries or purchasing airline tickets. There is no credit check required.
Setting up an account at any Walmart store is fast and easy. After an initial fee of $8.94, the monthly fee is reduced to only $4.94 per month. Every time you reload the account with more funds, you are charged an additional $4.94, so it is easier to make larger deposits or have direct deposit, which is free of charge. A check cashing fee is $3 but if you cash a check to reload the account, it is also free.
Save money by checking your statement online and withdrawing funds from ATMs at Walmart stores. Otherwise, paper statements will cost $3, checking your balance at an ATM other than at Walmart is $.75, and withdrawl will cost $1.95 every time you use it it.
A Walmart Money Card is a safe and secure way to deposit your cash for purchases if a traditional bank account is not an option for you at this time.
It is safe and secure way to deposit your cash if a traditional bank account is not available to you.
More information about this easy and economical way to shop is available at your local Walmart store, or visit their website online at www.walmart.com.
Beware of prepaid card scams. Get the real truth about the Prepaid Walmart Money Card and the rush card here.
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