Walmart MoneyCard review

The account charges a monthly fee of $5.94 and an annual fee of $71.28. Against that, spending earns cashback of 1% to 3%, so the real cost depends on how much you put through the card. Prepaid rivals on the same comparison list monthly fees of JMD 0 and BHD 0.

The account is issued by Green Dot Bank, so the balance sits with a named bank rather than a retailer. The card is a prepaid card running on the mastercard network, and rewards land as cashback back in the same account.

Rewards are paid as cashback at a rate of 1% to 3%, with the top rate on the Walmart website and in its app, a lower rate on fuel and a lower one again in stores. An annual fee of $71.28 is easier to carry if most of that spending is with Walmart.

Support runs on chat and help centre, so questions are handled in chat or answered from the help centre, with no phone line listed. On a prepaid card it is worth checking the balance and recent activity in the app before raising a query.

Both are listed perks. The account includes early direct deposit, overdraft protection and savings vaults, so salary can land before the usual payday, overdraft protection cushions a shortfall on the balance and savings vaults hold money aside. The card is prepaid and runs on the mastercard network.

Everyday spending tied to Walmart, with a bit of budgeting on top. Cashback of 1% to 3% does the heavy lifting, savings vaults keep spare cash out of the spending balance, and early direct deposit means the account is funded before the month is out. It is prepaid rather than a credit card, and a monthly fee of $5.94 applies on top.

That depends on how much you would spend with Walmart. The Walmart MoneyCard charges $5.94 a month and $71.28 a year, while JMMB Moneyline and JMMB Money Transfer prepaid card lists a monthly fee of JMD 0 and CrediMax Cardy EX prepaid Visa lists BHD 0. Skrill sits at €5.

On this comparison the monthly fee of $5.94 ranks the card at 387 out of 422 brands measured on that figure, with a cost score of 0.8. An overall score of 0.8 reflects the same picture: rewarding, but heavier on fees.