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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With around a single American Express Serve Card to select from, you can pick which prepaid card works best for the needs of yours.

Here is a breakdown of the Cash Back along with Free Reloads cards.

Prepaid cards provide users the ability to stick to a certain budget and, as a result, more easily restrict the spending of theirs. They may work well for individuals on a budget, though they might in addition be the best option for teaching young children about spending money.

Prepaid cards are usually considered a safer alternative compared to money because in case you get rid of the card, several have security measures that protect the account of yours against theft. In addition, for a fair fee, you can usually switch the card without anxiety.

American Express has more than a single prepaid Serve card so users can chose the card that actually works ideal for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the two monthly-fee options within Amex’s prepaid flash memory card fleet (whereas the $6.95 price for the basic Amex Serve card is waived when users direct 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 similar, although the Cash Back offers incentives while the FREE Reloads flash card allows users in over 45,000 places in the U.S. as well as Puerto Rico put money upon the card absolutely free.

How you can add money to the card of yours Both cards extend free direct deposit of paychecks and/or government benefits, however, the FREE Reloads gives the convenience of letting users reload the card of theirs at no cost at participating locations including CVS, Dollar General and other things.

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

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

rewards and Perks Through the website or maybe the mobile app, you can use free bill pay to send cash, or perhaps pay your bills by writing a check online and American Express will mail it for you personally.

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

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

Bottom line Each of those cards comes with an edge: in case you are looking for money back rewards, the American Express Serve® Cash Back card is perfect for you. But in case you handle a great deal of cash and want to make sure that you are able to conveniently reload your card without having to spend any costs subsequently the American Express Serve® FREE Reloads flash memory card is a bit better suited to the needs of yours.

If you are trying to stay away from paying out a monthly fee, you ought to have a look at the Bluebird by American Express flash card, that enables someone to receptive subaccounts and may be the best option for families.

If you are a common Walmart shopper and would like to bank on rewards higher than one % cash back then the Walmart MoneyCard may be a better fit with three % cash back on eligible Walmart.com along with in-app Walmart orders, two % cash back at Walmart fuel stations, in addition to one % cash back at Walmart stores, as big as $75 per year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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