For those consumers with damaged credit, low credit scores or no credit at all, Walmart now offers another option called the Walmart Money Card. This card can be used anywhere a VISA card is accepted.
Using your Walmart Money Card is simple. Just transfer any amount you want from other source of funds, such as direct deposit of your paycheck or any other accounts you have. It is easy to reload your card anytime and as many times as you want.
Monitor your card balance online or by receiving balanace alerts via your cell phone. You can use your card for whatever you want such as paying bills, buying groceries or purchasing airline tickets. There is no credit check required.
It is fast and easy to set up your account at any Walmart store. The initial fee is $8.94, with a monthy fee of $4.94 thereafter. It is best to make a large deposit or have direct deposit, as every reload will also cost $4.94 to fund the card. Direct deposit is free. To cash a check will cost $3, but if it is to reload your account that is also free.
ATM’s are a fact of life, so you will be charged $1.95 each time you visit one for withdrawal, but free of you use one at a Walmart. Checking your balance will cost $.75, so its smarter to check online. Monthly paper statements will cost $3 per month, so again, it is more economical to check online.
For a smart and secure way to help keep your funds for purchases safe from overdraft charges or fees, get a Walmart Money Card.
It is safe and secure way to deposit your cash if a traditional bank account is not available to you.
Visit your nearest Walmart store or go online to Walmart’s website at www.walmart.com for more information about this easy and economical way to shop.