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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 pick from, you are able to select which prepaid card works ideal for your requirements.

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

Prepaid cards give owners the capability to follow a specific budget and also, therefore, much more easily restrict the spending of theirs. They might work nicely for people on a budget, though they can in addition be a good choice for teaching children about spending money.

Prepaid cards tend to be regarded as a less risky alternative compared to money because if you drop the card, many have security measures that protect the account of yours against theft. In addition, for a small fee, you can typically switch the card without anxiety.

American Express offers greater than a single prepaid Serve card so users are able to chose the card that works perfect 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 fee for the basic Amex Serve card is waived when users direct deposit $500 or more 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 two cards are similar, though the Cash Back provides incentives while the FREE Reloads card allows users in more than 45,000 places in the U.S. as well as Puerto Rico put money onto the card for free.

How you can add cash to the card of yours Both cards provide complimentary direct deposit of paychecks or government benefits, although the FREE Reloads gives the comfort of letting users reload their card for free at participating locations like CVS, Dollar General as well as more.

With both cards, you can access a part of or perhaps all of the paycheck of yours up to 2 days before payday when you enroll within direct deposit. Both cards likewise offer mobile check deposits.

Users can send cash and receive money to various other Serve users easily with the mobile app.

rewards and Perks Through the site or the movable app, you can work with 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 money transfer option makes it possible for users to send anyone across the fifty states as well as Puerto Rico cash to be picked up via participating Walmart locations. The daily transfer restrict is $2,500 across all your Serve accounts. According to FintechZoom Fees are as follows:

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

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

In case you’re looking to stay away from paying out a monthly fee, you need to take a look at the Bluebird by American Express flash card, that allows one to open subaccounts and also could be the best choice for families.

If perhaps you are a standard Walmart shopper and want to bank on incentives higher than 1 % money before the Walmart MoneyCard could be a much better fit with three % cash back on eligible Walmart.com along with in app Walmart purchases, two % cash back from Walmart fuel stations, and 1 % cash back at Walmart stores, as big as seventy five dolars each year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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