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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 choose which prepaid card works best for your requirements.

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

Prepaid cards offer owners the potential to stick to a particular budget and, therefore, much more easily limit their spending. They might work nicely for individuals on a budget, however, they might also be a good option for teaching young children about spending money.

Prepaid cards tend to be regarded as a safer choice compared to money because in case you get rid of the card, many have security measures that protect the account of yours against theft. In addition, for a small fee, you are able to generally switch the card with no stress.

American Express offers greater than one prepaid Serve card so users can chose the card that works ideal for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the 2 monthly fee choices in Amex’s prepaid flash card fleet (whereas the $6.95 fee for the fundamental Amex Serve card is actually waived when users direct deposit $500 or higher during each monthly 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, but the Cash Back provides incentives while the FREE Reloads flash card lets users in more than 45,000 locations in the U.S. as well as Puerto Rico put money upon the card at no cost.

How to add money to the card of yours Both cards provide free direct deposit of paychecks as well as government benefits, however, the FREE Reloads gives the advantage of letting users reload their card at no cost at participating locations including CVS, Dollar General as well as other things.

With both cards, you are able to access a part of or even all of the paycheck of yours up to two days before payday when you enroll in direct deposit. Both cards moreover provide mobile check deposits.

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

rewards and Perks Through the website or the movable app, you are able to use free bill pay to send money, or pay your bills by writing a check online and American Express will mail it for your needs.

The money transfer choice makes it possible for users to send anyone across the fifty states and Puerto Rico money to be bought via participating Walmart locations. The day transfer limit is $2,500 across your Serve accounts. According to FintechZoom Fees are as follows:

  • $4.99 for each cash transfer up to $50
  • $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 these cards includes an edge: if you’re looking for money back incentives, the American Express Serve® Cash Back flash card is ideal for you. But if you handle a great deal of money and wish to make sure that you can effortlessly 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’re trying to stay away from paying out a monthly fee, you ought to check out the Bluebird by American Express card, which enables you to open subaccounts and might be a good choice for families.

If perhaps you are a regular Walmart shopper and are looking to bank on rewards higher than 1 % money back then the Walmart MoneyCard may be a much better match with three % money back on eligible Walmart.com and in app Walmart orders, 2 % cash back at Walmart energy stations, and one % cash back from Walmart stores, up to seventy five dolars each year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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