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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 pick 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 stick to a specific budget as well as, therefore, more easily limit the spending of theirs. They might work nicely for individuals on a budget, although they can additionally be a good option for teaching kids about spending money.

Prepaid cards tend to be regarded as a less risky choice compared to cash because in case you lose the card, several have security measures that protect the account of yours against theft. Plus, for a modest fee, you can generally replace 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 in Amex’s prepaid flash memory card fleet (whereas the $6.95 rate for the fundamental Amex Serve card is waived when users direct deposit $500 or over during each month 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 two cards are identical, although the Cash Back provides incentives while the FREE Reloads flash card allows users in over 45,000 places in the U.S. and also Puerto Rico put money onto the card free of charge.

How to increase cash to your card Both cards provide free direct deposit of paychecks as well as government benefits, though the FREE Reloads adds the advantage of letting users reload the card of theirs at no cost at participating locations like CVS, Dollar General as well as other things.

With both cards, you are able to access part of or perhaps all of the paycheck of yours up to 2 days before payday once you enroll within direct deposit. Both cards moreover provide mobile check deposits.

Users are able to send money and receive money to various other Serve users without difficulty through the mobile app.

Perks and rewards Through the site or maybe the on the move app, you are able to make use of 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 you.

The cash transfer choice makes it possible for users to send virtually anyone across the 50 states and Puerto Rico money to be ordered out of participating Walmart locations. The day transfer limit is $2,500 across your Serve accounts. According to FintechZoom Fees are as follows:

  • $4.99 for every money transfer up to $50
  • $8.99 for each money transfer of $50.01 1dolar1 1,000
  • $16.99 for every cash transfer of $1,000.01-1dolar1 2,500

Bottom line Each of those cards includes an edge: if you are searching for money back rewards, the American Express Serve® Cash Back flash memory card is for you. But if you handle a lot of cash and want to ensure that you can easily reload your card without having to spend any fees subsequently the American Express Serve® FREE Reloads flash memory card is better suited to the needs of yours.

If you’re planning to stay away from paying out a monthly fee, you should take a look at the Bluebird by American Express flash card, that enables you to amenable subaccounts and also might be a good choice for families.

If perhaps you’re a regular Walmart shopper and want to bank on rewards higher than one % cash before the Walmart MoneyCard could be a better fit with 3 % cash back on eligible Walmart.com and in-app Walmart purchases, two % cash back at Walmart fuel stations, and one % cash back at Walmart stores, as big as seventy five dolars per year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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