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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With over a single American Express Serve Card to select from, you are able to select which prepaid card works perfect for your needs.

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

Prepaid cards provide users the ability to follow a specific budget and, therefore, more easily restrict their spending. They may work nicely for people on a budget, although they might additionally be a good choice for teaching children about spending money.

Prepaid cards are often regarded as a safer alternative compared to money because in case you get rid of the card, many have security measures which protect your account against theft. Additionally, for a modest fee, you can usually switch the card without anxiety.

American Express has more than a single prepaid Serve card so owners can chose the card which works ideal for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the two monthly-fee choices in Amex’s prepaid card fleet (whereas the $6.95 fee for the basic Amex Serve card is actually 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 identical, however, the Cash Back provides rewards while the FREE Reloads flash card lets owners in more than 45,000 places in the U.S. as well as Puerto Rico put money onto the card free of charge.

How you can increase cash to your card Both cards extend complimentary direct deposit of paychecks and also government benefits, although the FREE Reloads gives the convenience of letting users reload the card of theirs at no cost at participating locations like CVS, Dollar General and other things.

With each cards, you can access part of or even most of the paycheck of yours up to two days before payday after you enroll inside direct deposit. Both cards also offer mobile check deposits.

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

Perks and rewards Through the site or maybe the on the move app, you can work with free bill pay to send money, or even pay your bills by writing a check online and American Express will mail it for you.

The cash transfer choice enables users to send virtually anyone across the fifty states as well as Puerto Rico cash to be ordered from participating Walmart locations. The daily transfer limit is $2,500 across your Serve accounts. According to FintechZoom Costs are as follows:

  • $4.99 for each 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 those cards comes with an edge: in case you’re looking for cash back incentives, the American Express Serve® Cash Back flash memory card is ideal for you. But if you handle a lot of money and would like to ensure that you can conveniently reload your card without having to spend any costs subsequently the American Express Serve® FREE Reloads flash memory card is better suited to your requirements.

In case you are trying to avoid spending a monthly fee, you should check out the Bluebird by American Express flash memory card, which allows one to amenable subaccounts and could be the best choice for families.

If you’re a common Walmart shopper and want to bank on incentives higher than 1 % 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 orders, 2 % cash back from Walmart fuel stations, in addition to 1 % cash back from Walmart stores, as big as seventy five dolars per year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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