Erin Benson
February 22, 2023
It’s that time of year where consumers will be getting their tax returns and looking for the best way to capitalize on that return. If you are looking to build or rebuild your credit, one option you have is opening up a secured credit card and or a debit card with that tax return. There are a ton of options out there, but if you are an avid Walmart shopper, the Walmart MoneyCard® could be a great option for you. Plus, they are offering a $25 bonus when you direct deposit your federal or state tax refund to your Walmart MoneyCard®!
Overdraft Protection
Walmart MoneyCard® now offers overdraft protection up to $200 with opt-in and eligible direct deposit. Not entirely sure what an overdraft is? An overdraft of your account happens when you spend more than what you have available in your account. Walmart MoneyCard® knows life happens, so they offer overdraft coverage to help in those situations.
Rewards
Get rewarded when you shop at Walmart! With the Walmart MoneyCard® you can earn cash back on Walmart purchases- up to $75 each year.
How It Works
Shop using your Walmart MoneyCard® at Walmart stores, fuel stations, Walmart.com and on the Walmart app. Earn the above cashback at each of those locations and at the end of the year you can access all your cash back and use it however you want! Just make sure you use your account for at least 12 months
The Walmart MoneyCard® also offers overdraft protection, no monthly fee (when you direct deposit $500+ in previous monthly period,) accounts for your family, and early direct deposit. Users can ger your pay up to 2 days before payday and your benefits up to 4 days before benefits day with Early direct deposit. 
24/7 Access With the App
Manage your money from the palm of your hand. The MoneyCard app gives you 24/7 access and control of your money from virtually anywhere. It has a feature like Slide for Balance, where you can take a peek at your account balance with just one swipe! You will also have access to your account history and the ability to make a mobile deposit. Make cash deposits using the app at Walmart stores. Misplaced your card? No worries, press LOCK from the app to temporarily prevent new purchases to your MoneyCard. The app also offers the option of bank transfer where you can add money to your Walmart MoneyCard® from another linked bank account and you can pay your bills online.
Unique Features
The Walmart MoneyCard® offers the unique feature of family accounts. You can add up to 4 additional family members age 13+, track spending in real-time and easily transfer money between family accounts in the app. The best part is family account members get the same great features and benefits! Turn your family into money management experts with the Walmart MoneyCard®.
If you are a frequent Walmart shopper and looking to build or rebuild your credit, this could be the card for you. You can open an account online or pick up a starter card at a Walmart Store.
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