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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With more than one American Express Serve Card to choose from, you are able to choose which prepaid card works perfect for the needs of yours.

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

Prepaid cards give users the ability to stick to a certain budget as well as, as a result, a lot more easily limit their spending. They may work well for individuals on a budget, though they can in addition be the best choice for teaching children about spending money.

Prepaid cards are usually thought to be a safer choice compared to cash because if you get rid of the card, several have security measures that protect your account against theft. Additionally, for a small fee, you can usually change the card without stress.

American Express offers greater than a single prepaid Serve card so owners can chose the card that works ideal for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the 2 monthly-fee options within Amex’s prepaid flash memory card fleet (whereas the $6.95 rate for the fundamental Amex Serve card is waived when users strong 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 2 cards are actually identical, but the Cash Back provides rewards while the FREE Reloads card lets owners in over 45,000 locations in the U.S. as well as Puerto Rico put money upon the card free of charge.

The way to add cash to the card of yours Both cards offer complimentary direct deposit of paychecks and/or government benefits, though the FREE Reloads adds the convenience of letting users reload the card of theirs at no cost at participating locations including CVS, Dollar General and more.

With each cards, you are able to access a portion of or perhaps most of the paycheck of yours up to 2 days before payday when you enroll inside direct deposit. Both cards moreover offer mobile check deposits.

Users are able to send dollars and receive money to other Serve users easily through the mobile app.

Perks and rewards Through the site or the on the move app, you can work with no cost bill pay to send money, or pay the bills of yours by writing a check on the web and American Express will mail it for you.

The money transfer choice makes it possible for users to send virtually anyone across the fifty states as well as Puerto Rico money to be ordered via participating Walmart locations. The daily transfer limit is $2,500 across your Serve accounts. According to FintechZoom Fees are as follows:

  • $4.99 for every cash transfer up to fifty dolars
  • $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 these cards includes an edge: in case you’re looking for money back incentives, the American Express Serve® Cash Back flash card is for you. But if you handle a great deal of cash and would like to ensure that you can very easily reload your card without needing to spend any costs subsequently the American Express Serve® FREE Reloads card is better suited to your needs.

If you’re trying to stay away from paying out a monthly fee, you should check out the Bluebird by American Express flash card, which enables someone to open subaccounts and might be a good option for families.

If you are a standard Walmart shopper and want to bank on incentives higher than one % cash in the past the Walmart MoneyCard may be a much better fit with 3 % money back on eligible Walmart.com and in-app Walmart orders, 2 % cash back from Walmart energy stations, and one % cash back at Walmart stores, up to seventy five dolars per year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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