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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 a single American Express Serve Card to choose from, you can choose which prepaid card works best for your needs.

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

Prepaid cards provide owners the potential to follow a particular budget as well as, as a result, much more easily restrict the spending of theirs. They may work well for those who are on a budget, but they can additionally be a good choice for teaching young children about spending money.

Prepaid cards are usually thought to be a safer alternative compared to money because if you drop the card, many have security measures that protect the account of yours against theft. Plus, for a modest fee, you can usually replace the card without stress.

American Express provides greater than a single prepaid Serve card so owners can 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 choices within Amex’s prepaid flash card fleet (whereas the $6.95 price for the fundamental Amex Serve card is waived when users strong deposit $500 or more 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 offers incentives while the FREE Reloads flash card lets owners in more than 45,000 locations in the U.S. and Puerto Rico put money onto the card at no cost.

How you can add money to your card Both cards extend free direct deposit of paychecks and/or government benefits, though the FREE Reloads gives the comfort of letting users reload their card for free at participating locations including CVS, Dollar General and other things.

With both cards, you can access a portion of or most of your paycheck up to two days before payday after you enroll within direct deposit. Both cards also offer mobile check deposits.

Users can send money and receive money to other Serve owners easily through the mobile app.

rewards and Perks Through the website or the mobile app, you are able to make use of free bill pay to send cash, or even pay your bills by writing a check on the web and American Express will mail it for you.

The cash transfer choice enables users to send everyone across the fifty states as well as Puerto Rico money to be purchased out of participating Walmart locations. The day transfer limit is $2,500 across all your Serve accounts. According to FintechZoom Costs are as follows:

  • $4.99 for each money 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 includes an edge: if you’re looking for money back rewards, the American Express Serve® Cash Back flash card is for you. But in case you handle a lot of cash and wish to make certain that you can simply reload the card of yours without having to pay any fees then the American Express Serve® FREE Reloads flash card is a bit better suited to the needs of yours.

If you’re looking to avoid paying out a monthly fee, you need to have a look at the Bluebird by American Express flash memory card, which enables you to receptive subaccounts and also might be a good choice for families.

If perhaps you’re a regular Walmart shopper and want to bank on incentives higher than one % money in the past the Walmart MoneyCard may be a much better fit with 3 % cash back on eligible Walmart.com along with in-app Walmart orders, 2 % cash back from Walmart fuel stations, and 1 % cash back at Walmart stores, up to seventy five dolars yearly.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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