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Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

With more than a single American Express Serve Card to select from, you are able to choose which prepaid card works best for the needs of yours.

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

Prepaid cards provide owners the potential to follow a specific budget and, consequently, a lot more easily restrict the spending of theirs. They might work well for those who are on a budget, although they can in addition be the best choice for teaching kids about spending money.

Prepaid cards tend to be thought to be a more secure option compared to money because if you drop the card, many have security measures that protect the account of yours against theft. Additionally, for a fair fee, you are able to generally replace the card without stress.

American Express provides greater than one prepaid Serve card so owners are able to chose the card that works best for them. The American Express Serve® Cash Back and the American Express Serve® FREE Reloads are the two monthly-fee options within 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 over during each monthly statement 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 similar, although the Cash Back provides rewards while the FREE Reloads flash card lets owners in over 45,000 places in the U.S. and also Puerto Rico put money onto the card at no cost.

The way to add cash to the card of yours Both cards extend free direct deposit of paychecks as well as government benefits, however, the FREE Reloads gives the comfort of letting users reload the card of theirs for free at participating locations including CVS, Dollar General as well as more.

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

Users can send money and receive money to other Serve owners without difficulty through the mobile app.

Perks and rewards Through the website or the on the move app, you are able to use free bill pay to send cash, or even pay the bills of yours by writing a check on the web and American Express will mail it for you.

The money transfer option allows users to send everyone across the 50 states as well as Puerto Rico cash to be picked up from participating Walmart locations. The day transfer restrict is $2,500 across your Serve accounts. According to FintechZoom Fees are as follows:

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

Bottom line Each of these cards comes with an edge: in case you are looking for money back incentives, the American Express Serve® Cash Back flash 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 conveniently reload your card without needing to pay any charges then the American Express Serve® FREE Reloads card is better suited to your requirements.

In case you are planning to avoid spending a monthly fee, you ought to have a look at the Bluebird by American Express flash memory card, that allows someone to receptive subaccounts and also could be a good choice for families.

If perhaps you are a standard Walmart shopper and are looking to bank on rewards higher than one % money before the Walmart MoneyCard might be a much better match with 3 % cash back on eligible Walmart.com along with in-app Walmart orders, two % cash back at Walmart fuel stations, along with one % cash back from Walmart stores, as big as seventy five dolars every year.

Walmart MoneyCard – Amex Serve Cash Back vs. FREE Reloads

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