Quick Answer: Is Walmart Money Card A Credit Card?

How do I get cash off my Walmart card?

Normal cash advance: Call the number on the back of your card to request a PIN.

Use that PIN at an ATM to withdraw cash.

You can only do this with the Walmart Mastercard, not the Store Card.

Walmart credit card cash advance fee: 3% (min $10)..

Can you withdraw money from Walmart Money Card?

You may withdraw cash without a fee at Walmart MoneyCenters and Customer Service desks. This is our fee for a cash withdrawal via a teller at a participating bank.

How much does it cost to send money from Walmart to Walmart?

Walmart-2-Walmart offers a simple and transparent fee structure with just two price points: customers can transfer up to $50 for $4.50 and up to $900 for $9.50.

What are the disadvantages of prepaid cards?

Prepaid cards can get expensive because the card issuer has great latitude over fees charges to activate the card. Some not only charge an activation fee but also charge a fee with every use of the card. Other types of fees that may be charged are when you: * use an ATM machine.

Is the Walmart Money Card good?

BOTTOM LINE. The Walmart MoneyCard is a good choice for frequent Walmart shoppers. The card has cash back rewards up to $75 each year. You can manage your funds and deposit cash on the go with the MoneyCard app.

Is Walmart Money Card a checking account?

Even though the Walmart MoneyCard isn’t a traditional checking account, it does come with a routing number and an account number. This is similar to a checking account with a bank. This feature is convenient when using your Walmart MoneyCard for an online purchase or when paying bills online.

What is a money card?

A money card is a prepaid MasterCard or Visa card that you can reload from post offices, convenience stores, or through online fund transfers. A prepaid card is not linked to a bank account, as opposed to a debit card.

How much can I withdraw from Walmart card?

$3,000The daily ATM withdrawal limit is $3,000, and the daily spend limit is $10,000; this is also the maximum amount you can have on the card at any time. Rewards. One of the interesting features of the Walmart MoneyCard is that it offers a rewards program.

How can I turn my prepaid card into cash?

How to convert Visa gift cards to cashUse your Visa gift card to buy other merchants’ gift cards. … Add it to your PayPal wallet. … Add it to your Venmo account. … Pay your bills with your Visa gift card. … Go to a Gift Card Exchange Kiosk to trade it in. … Sell your Visa gift card through an app. … Convert your Visa gift card to cash by selling it to a website.More items…•

Do prepaid credit cards build credit?

Unlike a prepaid card, a secured card is an actual credit card that reports to the three major credit bureaus—providing the opportunity to build your credit, with responsible use. Prepaid cards are more like debit cards and cannot help you build your credit because they do not report to the major credit bureaus.

What is the best card to put money on?

Best Reloadable Credit Cards Online in 2021PayPal Prepaid Mastercard®: Best for Direct Deposit. … NetSpend® Visa® Prepaid Card: Best for Everday Use. … NetSpend® Visa® Prepaid Card: Best for Flexibility. … BlueBird® by American Express®: Best for Budgeting. … American Express® Serve®: Best for Onsite Shopping.More items…•

How much money can you put in a prepaid card?

The daily cash load limit doesn’t apply to other methods of adding money to the prepaid debit card, like direct deposit, bank transfers, or mobile check deposits. Cash load limits range from $500 per day to as much as $10,000.

What bank does the Walmart Money Card Use?

Green Dot BankWith the Walmart MoneyCard your money is handled by a major bank, Green Dot Bank.

How does the Walmart Money Card work?

About Walmart MoneyCard. The Walmart MoneyCard is a prepaid debit card that offers a safer, more convenient way to pay than cash. … You can use your MoneyCard wherever Visa debit cards are accepted. If your card is ever lost or stolen, just let us know and we’ll cancel that card and send a replacement.

Does Walmart Money Card have a daily limit?

The maximum daily cash reload limit is $3,000, but maximum in-store reload limits also apply, and you may not load cash to your Card at any time the funds balance on your Card exceeds $3,000.

Is a prepaid card considered a credit card?

Though they’re sometimes called prepaid credit cards, they’re not credit cards at all. Instead, prepaid cards more akin to debit cards, which are tied to a checking account. Prepaid cards eliminate the need to make monthly payments, which frees you from late payment penalties and credit damage.

Can you transfer money from Walmart Money Card to bank account?

No, you cannot transfer money from your Walmart MoneyCard account to another bank account. At this time, you can only receive money to your Walmart MoneyCard account from another bank. You can only transfer money from your personal account at a participating bank within the U.S.

Can I buy a Visa prepaid card with a credit card at Walmart?

WalletHub, Financial Company. You can buy gift cards with a credit card at some retailers but not others. For example, you can buy gift cards with a credit card at Walmart, Target and Amazon.com but not at Giant or Harris Teeter.

Can I transfer money from a Walmart card to PayPal?

The Wal-Mart MoneyCard is essentially a prepaid debit card issued by GE Money Bank. … Wal-Mart MoneyCards can be used to send money to PayPal accounts when a member sends an invoice requesting funds. The process is as simple as making an online purchase.