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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With over one American Express Serve Card to choose from, you can choose which prepaid card works ideal for the needs of yours.

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

Prepaid cards give owners the capability to follow a certain budget and also, therefore, much more easily limit the spending of theirs. They may work very well for people on a budget, although they can in addition be a good choice for teaching children about spending money.

Prepaid cards are often thought to be a less risky alternative than cash because in case you get rid of the card, several have security measures that protect the account of yours against theft. Additionally, for a small fee, you are able to generally change the card with no stress.

American Express provides more than one prepaid Serve card so owners are able to chose the card which works best for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the two monthly-fee choices within Amex’s prepaid flash memory 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 actually identical, though the Cash Back offers incentives while the FREE Reloads card allows users in more than 45,000 locations in the U.S. and also Puerto Rico put money onto the card free of charge.

The way to add cash to your card Both cards offer free direct deposit of paychecks and also government benefits, but the FREE Reloads gives the convenience of letting users reload their card at no cost at participating locations like CVS, Dollar General as well as more.

With each cards, you are able to access a portion of or perhaps all of your paycheck up to 2 days before payday after you enroll within direct deposit. Both cards moreover provide mobile check deposits.

Users can send money and receive money to various other Serve owners effortlessly with the mobile app.

rewards and Perks Through the site or the movable app, you are able to make use of 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 in your case.

The cash transfer option allows users to send anyone across the fifty states and Puerto Rico money to be bought from participating Walmart locations. The daily transfer restrict is $2,500 across all your Serve accounts. According to FintechZoom Fees are as follows:

  • $4.99 for every money transfer up to fifty dolars
  • $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 looking for cash back rewards, the American Express Serve® Cash Back flash memory card is perfect for you. But in case you handle a great deal of money and wish to ensure that you are able to simply reload your card without needing to spend any fees subsequently the American Express Serve® FREE Reloads flash memory card is a bit better suited to the needs of yours.

If you’re looking to stay away from spending a monthly fee, you need to take a look at the Bluebird by American Express flash card, that allows someone to receptive subaccounts and also could be a good choice for families.

If perhaps you are a standard Walmart shopper and are looking to bank on rewards higher than one % money back then the Walmart MoneyCard might be a much better match with three % money back on eligible Walmart.com along with in-app Walmart purchases, two % cash back at Walmart fuel stations, and one % cash back at Walmart stores, a maximum of $75 yearly.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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