Prepaid cards are the in thing in the financial sphere. You could be wondering if you should or should not try it. The wisest thing to do would be to educate yourself before you buy any card.
1. Is A Prepaid Card Worth A Try-Walmart
Money Card
Prepaid cards are the in thing in the financial sphere. You could be
wondering if you should or should not try it. The wisest thing to do would
be to educate yourself before you buy any card.
Everyone Qualifies to Open It
Everyone who is over 18 years old qualifies to have a prepaid card. The
good thing about prepaid cards is that you don’t have to have a steady
income to own it. You also don’t need to worry about your credit history
because it will not be checked. You can buy the prepaid card for your
children who just moved out to college or use it as your savings account.
For more information about walmart money card please visit
http://www.mymartmoneycard.com.
You Can Reload Anytime
2. With prepaid cards you can load money anytime. You can load as much
money as you want but with Wal-Mart Money Card you are allowed to load
from as little as $20 per transaction. You can also cash your checks into
your prepaid card.
Withdraw Money from Any ATM
Prepaid cards work like debit cards from banks. You can withdraw money
from any ATM. Withdrawals are free when you withdraw Walt-Mart’s
prepaid cards at their ATMs. If you withdraw from other ATMs, you will be
charged a fee.
No Risk of Overdraft Charges
Prepaid are a way of managing your money and making sure you don’t
exceed your budgets. Unlike checking accounts, you cannot spend more
than you have on a prepaid card. However, you will be charged a fee with
every deposit and a monthly fee. Most banks charge a deposit fee as well.
Rewards
3. Prepaid cards don’t have great perks like the ones that come with your
credit or checking cards. You will not be rewarded with airline miles or
hotel discounts. However, other prepaid cards offers cash backs of gas and
other purchases.
The benefits of prepaid cards depend on how you plan to use them. Give it a
try. If it does not work for you, it can be cancelled any time. Click Here to
know more about www.walmartmoneycard.com.