One of the more popular prepaid money cards currently on the market is the Walmart Prepaid Money Card. Issued with a VISA logo under lender GE Money Bank, it is valid any where VISA is accepted.Online transactions are honored as well as the ability to withdraw your cash from any ATM.
Cash can also be withdrawn from any ATM, and any online transactions are honored as well. Initially begun as a response to consumer demand for a product available to those with less than perfect credit, it is a useful tool for those who do not want to undergo a credit check due to low scores or have no credit at all.
Keep in mind this is a debit card, not a credit card. There is no line of credit offered and funds are available by deposit them into an account with any participating Walmart store.
Funds can also be added by purchasing a Green Dot Money Pak, which is available in increments of $20 to $1,100. You are also able to transfer all or part of your weekly paycheck by direct deposit for immediate withdrawal.
The benefits of using a Walmart Prepaid Money Card consist of a prepaid spending allowance. You can only spend what you have, which is helpful in maintaining a budget and helping those with difficulty to manage their finances.
Using a prepaid card does not rebuild your credit score, and there are fees associated with using the card. Always read the terms and conditions on any contract before proceeding.
Using a card in this manner will help you learn to shop responsibly, develop smarter budgeting skills and teach you how to monitor your finances, thus allowing you to build your credit score to an acceptable level.
More information about this easy and economical way to shop is available at your local Walmart store, or visit their website online at www.walmart.com.
Not all debit cards are safe to use. Get the real truth about the Walmart Prepaid Visa and the Rush Visa www.rushcard.com here.
No related posts.
