how much can you load on a walmart prepaid card

Prepaid cards have become increasingly popular these days as they provide users with a convenient way to handle their finances. If you're looking for a prepaid card with a high load limit, the Walmart prepaid card may be a good option. In this article, we'll take a closer look at how much you can load on a Walmart prepaid card and what you need to know about this card.

What is a Walmart prepaid card?

First, it's important to understand what a Walmart prepaid card is. The Walmart MoneyCard is a reloadable prepaid card that is designed to help make managing money easy. It is accepted anywhere Visa and MasterCard debit cards are accepted, and it can be used to withdraw cash at ATMs. The Walmart MoneyCard comes in three varieties: Basic, Plus, and Specialty. The limit on how much you can load on the card will vary depending on the type you choose.

Load limits on Walmart prepaid cards

The Walmart MoneyCard Basic has a maximum balance limit of $10,000, while the Plus card has a maximum balance of $15,000. The Specialty card, on the other hand, has a balance limit of $20,000. These are certainly higher limits than many other prepaid cards on the market, making the Walmart MoneyCard an attractive option for anyone who needs to load a substantial amount to the card.

How to load money on a Walmart prepaid card

There are several ways to load funds onto a Walmart MoneyCard. One of the easiest ways is to use direct deposit. Direct deposit allows you to have your paycheck or other recurring income deposited directly onto the card. You can also use cash at Walmart stores or participating retailers. Another option is to transfer funds from another bank account or card. Keep in mind that each method has its own processing time and fees.

Things to consider

While the Walmart MoneyCard can be a convenient option for managing your finances, there are a few things you should consider before purchasing. For example, be aware that there are monthly fees associated with the card. The Basic card has a flat monthly fee of $5, while the Plus and Specialty cards have variable monthly fees based on the balance amount. Additionally, there are fees for some transactions, such as ATM withdrawals and balance inquiries. Be sure to read the fine print before using the card to avoid any surprises.

Conclusion

In conclusion, the Walmart prepaid cards provide users with a high limit on loading money. The card can be useful in managing money and making transactions easy, but comes with certain fees. Make sure to research and read reviews before choosing this card, so you can be sure it meets your financial needs.