Reviews

Walmart Moneycard debit card review

Are you looking for the best prepaid debit card? So, check out our review of the Walmart Moneycard, which offers overdraft protection, cash back, and more!

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by Aline Augusto

02/21/2022 | Updated on 02/22/2022

Walmart Moneycard debit card: get bonus and cash back!

Learn more about this debit card. Source: YouTube Walmart MoneyCard.
Learn more about this debit card. Source: YouTube Walmart MoneyCard.

If you are a frequent client at Walmart, I have just found an excellent card for you! So, keep reading the Walmart Moneycard debit card review, to learn more about this prepaid debit card that offers rewards and interest on savings.

The card is full of benefits and accepts all credit types since it is a reloadable tool, not a regular unsecured credit card.

So, if you need help managing your purchases, prepaid is definitely a good choice for you.

Since you have to load your card, you probably won’t get lost like in cases where you have a traditional credit card in your hands.

Check out how this Walmart Moneycard is an option for you!

Credit ScoreAll credit types are considered
Bank and ATM Fees$5.94 monthly fee that can be waived if $500 or more is loaded;
$2.50 ATM fee;
$5.95 cash reload fee (free if you use the app at Walmart);
$0.50 as ATM balance inquiry;
$1 activation fee;
3% for international transactions;
$5.95 for 12 paper checks;
$3 for standard card replacement and $15 for expedited delivery
Cash Withdrawals $2.50
Welcome bonus$20 bonus (terms and conditions apply)
Rewards3% cash back at Walmart.com;
2% cash back at Walmart fuel stations;
1% cash back at Walmart stores;
Up to $75 each year
Pessoa segurando celular com aplicativo Walmart; cartão Walmart, xícara de café, planta

How to apply for a Walmart Moneycard debit card?

Earn cash back while shopping at Walmart with a Walmart Moneycard! Check out how to apply for it!

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How does the Walmart Moneycard debit card work?

As a prepaid debit card, you need to reload your card to use it. This is an excellent tool for those who get lost on purchases and bills.

Also, the card is best for people who want to avoid traditional bank accounts.

But you need to be a regular frequenter at Walmart. Plus, by using this debit card, you earn 3% cash back at Walmart.com, 2% cash back at Walmart fuel stations, and 1% cash back at Walmart stores, up to $75 per year.

The direct deposit is fast, and it offers overdraft protection.

Although there are fees, you can waive the monthly fee by depositing at least $500 in the previous monthly period.

There is a savings account that provides you with a 2% interest rate on up to a $1,000 balance, as well.

And you add members to accounts for free so that you can transfer money and get free bill pay between friends and family.

Walmart Moneycard card benefits

Keep reading our Walmart Moneycard debit card review. Source: Unsplash.
Keep reading our Walmart Moneycard debit card review. Source: Unsplash.

The Moneycard is a reloadable debit card full of perks. It features cash back on purchases at Walmart, interest on the savings account, ASAP direct deposit, overdraft protection, free accounts for your family, no monthly fee when you direct deposit at least $500 in the previous monthly period, and more.

Take a look at the list of pros and cons.

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Pros

  • It offers cash back on purchases at Walmart;
  • It features APY on savings;
  • The monthly fee can be waived;
  • It provides overdraft protection;
  • It offers ASAP direct deposit.

Cons

  • It charges some fees (read terms and conditions before applying).

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How good does your credit score need to be?

Since it is a prepaid debit card, all credit types are considered.

How to apply for a Walmart Moneycard debit card?

Get your Walmart Moneycard today! Learn how to do it right below!

Pessoa segurando celular com aplicativo Walmart; cartão Walmart, xícara de café, planta

How to apply for a Walmart Moneycard debit card?

Earn cash back while shopping at Walmart with a Walmart Moneycard! Check out how to apply for it!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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