Walmart Card Review: All In Regards To The MoneyCard. Consumer complaints about Green Dot

The Walmart MoneyCard prepaid debit card could be a value that is good committed Walmart clients. The card, issued by Green Dot Bank, has cash-back benefits for Walmart acquisitions and free services that are online.

Purchases and withdrawals

The Walmart MoneyCard doesn’t charge fees to make acquisitions, nonetheless it does for ATM deals. You are able 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 not a way to prevent costs for depositing money at Walmart shops or somewhere else.

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Customer complaints about Green Dot

The issuer that is card’s Green Dot Corp., may be the topic of almost 1,600 complaints filed with all the customer Financial Protection Bureau.

Relating to complaints built to state and regulators that are federal Green Dot customers have actually reported having their records frozen for several days as well as months after disputing a deal, cutting them faraway from cash they require for day-to-day costs.

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Numerous Green Dot clients whom filed complaints describe having cash taken from their records or charges that are unauthorized their cards. Based on the complaints, these presssing dilemmas have now been hard to resolve.

Great for Walmart stores, restricted somewhere else

The Walmart MoneyCard, unsurprisingly, gives the many perks to individuals who handle shop and money online at Walmart. There are many free solutions, including online transfers, a cost savings function and customer care support, as well as yearly cash-back benefits.

» Not what you were in search of? Here’s a listing of the very best prepaid debit cards

Options to prepaid debit cards

Additional options, including mobile banks and different other debit that is prepaid, have actually reduced or no month-to-month charges, wider ATM systems and much more services. Listed here are an alternatives that are few

Chime

Build up are FDIC Insured

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

Simple

Build up are FDIC Insured

Real to its title, this mobile account keeps it easy using its no-fee bank checking account. Depositing money could be a hassle and may cost, but you’ll be able to utilize 40,000 ATMs for any other services free of charge. Simple also provides cost management tools that will help you retain monitoring of investing.

GoBank

If you’re looking for a banking account but can’t qualify due to a problematic banking record, GoBank could be a good fit. Though there’s a $8.95 month-to-month cost, you’ll avoid it insurance firms $500 or even more in direct build up 30 days. You may want to get your paycheck as much as two days sooner than you’ll at a bank that is regular.

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Ranks methodology

NerdWallet’s general score is a weighted average of the four groups: basic costs and features (40%), acquisitions and withdrawals (35%), reloads (15%) along with other solutions (10%). Facets we give consideration to, according to the category, consist of costs, ATM access, reload choices, breadth of vendor acceptance, account features and limitations, consumer-facing tech and consumer solution. Because prepaid debit cards help handle cash without the need for credit, any overdraft program gets penalized beneath the “purchases and withdrawals” category. A few Nerds subscribe to prepaid debit card ranks to make certain consistency and precision.

In regards to the writer

Spencer Tierney

Spencer Tierney is a professional on certificates of deposit at NerdWallet. His work was showcased by United States Of America Today while the l . a . Days. Browse more