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Walmart Card Review: All Concerning The MoneyCard. Customer complaints about Green Dot

The Walmart MoneyCard prepaid debit card may be a value that is good devoted Walmart customers. The card, released by Green Dot Bank, has cash-back benefits for Walmart acquisitions and free services that are online.

Acquisitions and withdrawals

The Walmart MoneyCard does charge that is n’t in making purchases, nonetheless it does for ATM deals. It is possible to withdraw cash 100% free at Walmart and earn money back at specific stores.

Reloads

You are able to reload money on the card ways that are several free, but there’s no chance to prevent charges for depositing money at Walmart shops or elsewhere.

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Consumer complaints about Green Dot

The issuer that is card’s Green Dot Corp., could be the topic of almost 1,600 complaints filed using the Consumer Financial Protection Bureau.

Based on complaints built to state and federal regulators, Green Dot clients have reported having their records frozen for several days or even months after disputing a deal, cutting them faraway from cash they want for day-to-day costs.

Numerous Green Dot clients whom filed complaints describe having cash taken from their records or unauthorized fees to their cards. In accordance with the complaints, these dilemmas have already been tough to resolve.

Advantageous to Walmart stores, restricted somewhere else

The Walmart MoneyCard, unsurprisingly, offers the many perks to those who handle shop and money online at Walmart. There are numerous free solutions, including online transfers, a savings function and customer support support, along with cash-back that is annual.

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» Not exactly exactly what you were trying to find? Here’s a summary of the greatest prepaid debit cards

Options to prepaid debit cards

Other available choices, including mobile banking institutions and different other prepaid debit cards, have actually reduced or no month-to-month charges, wider ATM systems and much more solutions. Listed below are an alternatives that are few

Chime

Build up are FDIC Insured

Chime is just an account that is mobile goes beyond the conventional prepaid debit card offerings, including free access to 30,000 ATMs, having your paycheck as much as two times early, money rewards and automated cost cost savings. Plus, it is all free: no month-to-month charges, overdraft costs, or international transaction fees — until you deposit money, in which particular case an authorized may charge a fee.

Simple

Build up are FDIC Insured

True to its title, this mobile account keeps it easy having its no-fee bank checking account. Depositing money could be a hassle and could set you back, but you’ll be able to utilize 40,000 ATMs for any other solutions free of charge. Simple also provides budgeting tools which will help you retain monitoring of investing.

GoBank

If you’re looking for a bank-account but can’t qualify due to a problematic banking record, GoBank may be a good fit. A month though there’s a $8.95 monthly fee, you can avoid it by having $500 or more in direct deposits. You can ensure you get your paycheck as much as two days sooner than you’ll at a normal bank.

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Ranks methodology

NerdWallet’s general score is a weighted average of the four groups: basic charges and features (40%), acquisitions and withdrawals (35%), reloads (15%) as well as other solutions (10%). Facets we give consideration to, with regards to the category, consist of costs, ATM access, reload choices, breadth of vendor acceptance, account features and limitations, consumer-facing tech and client solution. Any overdraft program gets penalized under the “purchases and withdrawals” category because prepaid debit cards help to manage money without using credit. A few Nerds subscribe to prepaid debit card ranks to make certain persistence and precision.

Concerning the writer

Spencer Tierney

Spencer Tierney is a specialist on certificates of deposit at NerdWallet. Their work happens to be showcased by United States Of America Today and also the l . a . Occasions. Find out more