www.walmartmoneycard.com
The Walmart money card is a prepaid credit card. It is issued through GE Money Bank and is available for purchase at all wal-mart retail stores.
This card was designed for individuals with a damaged credit history. There is no credit check or chexsystem verification - approval is guaranteed.
This card was designed for individuals with a damaged credit history. There is no credit check or chexsystem verification - approval is guaranteed.
How It Works
First, you deposit money on your card. Then you use your card to make purchases.How To Deposit Money
There are a variety of ways, the most popular is direct deposit. This is free. You can also use a Green Dot Money Pak.
This is available for purchase at many drug store, and gas stations nationwide. Additionally you can do it at a Walmart register.
Simply swipe your card and then deposit all or part of check (employment, work, & government).
It is accepted online and over the phone. And you can easily budget your spending with e-mail and text msg. account balance alerts.
Your money is FDIC insured. Also it is protected by Visa's zero liability policy. This means if your card is ever lost or stolen your money is still safe.
Fees
While this card will save many from paying expensive money orders and check cashing fees there are still some high fees.
For example; if you deposit money on your card at a cash register you still have to pay a $3 check cashing fee. And a reload fee.
Also if you use Green Dot Money Pak you will have to pay $4.95 just to load money on your card.
In addition there is a monthly fee of $4.95 just to have the card. And it will cost you $3 just to purchase it.
Unfortunately this card was intended to help the financially strapped community avoid fees. However it has simply replaced those fees with new ones that Wal-mart can collect.
Instead we suggest the prepaid Account Now Visa.
It comes with; Free Direct Deposit, Free Bill Pay, Free Credit Builder & Free Activation.
It will also Even Let You Borrow Money & Build Credit.
Click Here to Apply - Account Now Visa
You will be able to directly deposit your money without ANY fees. This in addition with free bill pay will save you on average $362 annually on check cashing fees and purchasing money orders.
Credit builder will report the payments you make using bill pay to the bureaus. And if you borrow money this information will also be reported to the major bureaus.
This gives you the opportunity to build credit.
Click Here for Full Review - Account Now Visa
For example; if you deposit money on your card at a cash register you still have to pay a $3 check cashing fee. And a reload fee.
Also if you use Green Dot Money Pak you will have to pay $4.95 just to load money on your card.
In addition there is a monthly fee of $4.95 just to have the card. And it will cost you $3 just to purchase it.
Unfortunately this card was intended to help the financially strapped community avoid fees. However it has simply replaced those fees with new ones that Wal-mart can collect.
Instead we suggest the prepaid Account Now Visa.
It comes with; Free Direct Deposit, Free Bill Pay, Free Credit Builder & Free Activation.
It will also Even Let You Borrow Money & Build Credit.
Click Here to Apply - Account Now Visa
You will be able to directly deposit your money without ANY fees. This in addition with free bill pay will save you on average $362 annually on check cashing fees and purchasing money orders.
Credit builder will report the payments you make using bill pay to the bureaus. And if you borrow money this information will also be reported to the major bureaus.
This gives you the opportunity to build credit.
Click Here for Full Review - Account Now Visa
Helpful Links
- FreeCreditReport.com - We have all seen the TV commercials. They are running a promotion - giving you a copy of your credit report & credit score - FREE.
- Debt Relief - How you can lower your monthly payments & consolidate it into just one payment.
- 1,500 Cash Advance - Short on cash? Learn how you can get a short term loan to cover your expenses. Approval takes only minutes & your credit history will not be a problem.
