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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 select which prepaid card works best for the needs of yours.

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

Prepaid cards provide owners the potential to follow a certain budget and, consequently, more easily restrict their spending. They can work nicely for those who are on a budget, though they can also be the best option for teaching kids about spending money.

Prepaid cards are usually thought to be a safer option than money because in case you get rid of the card, several have security measures which protect your account against theft. In addition, for a modest fee, you are able to usually change the card with no stress.

American Express has 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 2 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 higher 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 two cards are similar, although the Cash Back offers incentives while the FREE Reloads flash card allows owners in over 45,000 places in the U.S. as well as Puerto Rico put money upon the card at no cost.

How to add money to your card Both cards extend complimentary direct deposit of paychecks and also government benefits, but the FREE Reloads adds the advantage of letting users reload the card of theirs free of charge at participating locations including CVS, Dollar General as well as more.

With both cards, you can access a part of or perhaps all of your paycheck up to two days before payday once you enroll inside direct deposit. Both cards moreover provide mobile check deposits.

Users are able to send money and receive money to other Serve users effortlessly with the mobile app.

Perks and rewards Through the website or the movable app, you can use free bill pay to send money, or even pay the bills of yours by composing a check online and American Express will mail it in your case.

The money transfer choice allows users to send anyone across the fifty states and Puerto Rico money to be purchased out of participating Walmart locations. The day transfer restrict is $2,500 across every one of your Serve accounts. According to FintechZoom Fees are as follows:

  • $4.99 for each money transfer up to $50
  • $8.99 for every money 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: if you are searching for money back incentives, the American Express Serve® Cash Back flash memory card is perfect for you. But if you handle a lot of money and wish to make sure that you can smoothly reload the card of yours without having to pay any fees then the American Express Serve® FREE Reloads card is a bit better suited to the requirements of yours.

If you’re looking to stay away from paying out a monthly fee, you need to check out the Bluebird by American Express flash memory card, which enables someone to open subaccounts and also could be a good choice for families.

If perhaps you’re a regular Walmart shopper and would like to bank on incentives higher than one % money in the past the Walmart MoneyCard may be a better match with three % money back on eligible Walmart.com along with in-app Walmart purchases, 2 % cash back at Walmart energy stations, along with 1 % cash back from Walmart stores, a maximum of seventy five dolars yearly.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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