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This prepaid debit card comes with a number of annoying fees, some of which can be avoided. If you’re having trouble getting a credit card, the rewards and ease of use of certain prepaid cards are a decent alternative. Just beware the fees.
The information related to Walmart Rewards Card and Walmart Rewards Mastercard have been collected by Credit Card Insider and have not been reviewed or provided by the issuer or provider of these products.
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The Walmart MoneyCard is a prepaid debit card that works in tandem with the Walmart MoneyCard app, which you’ll need to use the card. The app lets you see your transactions, lock/unlock your card, see your cash back amount, deposit cash, and access a number of other features.
You can snag this card at any Walmart checkout lane, or request one online and they’ll mail it to you within a couple weeks.
There is a $5.95 monthly fee, waived with $1,000 monthly deposit. There are also a number of other fees, like $2.50 per ATM withdrawal unless you’re at Walmart, $5.95 per cash reload (unless you use the app), another one for card replacements, and another for foreign transactions.