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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With around a single American Express Serve Card to pick from, you are able to pick which prepaid card works ideal for your needs.

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

Prepaid cards offer users the ability to stick to a specific budget and also, consequently, much more easily limit the spending of theirs. They may work very well for those who are on a budget, but they might also be the best option for teaching young children about spending money.

Prepaid cards tend to be thought to be a safer alternative than money because if you lose the card, several have security measures that protect your account against theft. Additionally, for a fair fee, you can typically change the card without stress.

American Express offers more than a single prepaid Serve card so owners can chose the card which works best for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the two monthly fee choices within Amex’s prepaid flash card fleet (whereas the $6.95 fee for the basic Amex Serve card is actually waived when users strong deposit $500 or over 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 two cards are actually identical, but the Cash Back offers rewards while the FREE Reloads card lets owners in over 45,000 locations in the U.S. and also Puerto Rico put cash onto the card at no cost.

How you can add cash to the card of yours Both cards extend free direct deposit of paychecks as well as government benefits, but the FREE Reloads gives the advantage of letting users reload the card of theirs at no cost at participating locations including CVS, Dollar General and more.

With each cards, you are able to access part of or even almost all of your paycheck up to two days before payday once you enroll in direct deposit. Both cards likewise provide mobile check deposits.

Users can send cash and receive money to various other Serve owners effortlessly through the mobile app.

rewards and Perks Through the website or perhaps the on the move app, you are able to use no cost bill pay to send money, or perhaps pay the bills of yours by writing a check online and American Express will mail it for you.

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

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

Bottom line Each of those cards has an edge: in case you are looking for money back rewards, the American Express Serve® Cash Back flash memory card is ideal for you. But in case you handle a great deal of cash and wish to make certain that you are able to easily reload your card without having to pay any charges subsequently the American Express Serve® FREE Reloads flash card is better suited to the needs of yours.

In case you are planning to avoid paying a monthly fee, you should take a look at the Bluebird by American Express card, which allows one to amenable subaccounts and also might be a good option for families.

If 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 better match with 3 % money back on eligible Walmart.com and in-app Walmart orders, two % cash back at Walmart energy stations, and one % cash back from Walmart stores, a maximum of $75 each year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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