Walmart MoneyCard review: Prepaid debit card for Walmart shoppers

Walmart MoneyCard is reloadable and takes no credit into consideration. See how to add up to 4 family members accounts for free. Keep reading our Walmart MoneyCard review!


by Suzana Brito

08/24/2022 | Updated on 01/11/2023

Walmart MoneyCard: Get discounts at Walmart stores, website, and gas stations

Find out everything you should know about the Walmart MoneyCard. Read on! Source: Walmart

If you are a frequent Walmart shopper, then you should take a look at our Walmart MoneyCard review. It’s a prepaid card full of benefits you can use in their stores.

With this reloadable card, you’ll get 3% cash back in most Walmart facilities, plus other rewards. Also, you won’t need a credit check or a checking account to apply for one!

Walmart logo

How to apply for the Walmart MoneyCard?

Do you love to shop at Walmart and want cash back for your purchases? If so, read our post and learn how to apply for the Walmart MoneyCard!

If it sounds like a card you would take, stay tuned to read our review about Walmart MoneyCard, its application, advantages, and much more.

  • Credit Score: available for all credit scores;
  • Annual Fee: monthly fees of $5.94 (waive the fee with a direct deposit – see terms);
  • Regular APR: N/A;
  • Welcome bonus: $20 bonus available (terms apply);
  • Rewards: 3% cash back at; 2% cash back at Walmart fuel stations; 1% cash back at Walmart stores (reward valid for up to $75 each year).

Walmart MoneyCard: how does it work?

Walmart MoneyCard is Walmart’s reloadable prepaid debit card that offers a safer and more convenient way to shop in their stores. You can load different forms. Let’s have a look at them:

  • Direct deposit: you can get your paycheck up to two days early with Direct Deposit. Activate this option on the cards’ app if you want to use it;
  • Online transfer: you can also deposit using your bank’s regular transfers.


Walmart MoneyCard Advantages

Once you know how to reload your Walmart MoneyCard, let’s understand the advantages. First, you can waive the $5.49 monthly fee by making a $500 deposit.

Second, you can earn 2% APY (Annual percentage yields) interest on savings yearly.

Third, Walmart MoneyCard rewards buyers with the following options for cash back: 3% at (online store), 1% cash back at Walmart stores, and 2% cash back at Walmart fuel stations.

Finally, you can activate four other free accounts for family members up to 13 years old.


Walmart MoneyCard Fees

You can withdraw, pay bills, and get cash back at Walmart stores nationwide.

There are many things you can do with this card. Likewise, they charge different fees to enjoy these services. Check some of the most important ones:

  • Activation fee: $1 one-time only;
  • Monthly fee: $5.49 (can be waived);
  • Withdrawal ATM: $2.50;
  • ATM balance inquiry: $0.50;
  • International transactions: 3% of the amount.

Furthermore, you’ll be able to use your Walmart MoneyCard anywhere Visa or Mastercard debit cards are accepted in the USA.

Walmart MoneyCard: should you get one?

Young african american man, student with finger in mouth in deep thought, isolated on blue background. Negative emotion, facial expression, feelings
Check the pros and cons of the Walmart MoneyCard. Keep reading! Source: Adobe Stock

Walmart MoneyCard is a great financial tool for anyone who frequently uses their services and wants an easier way to pay and still get rewards.

Let’s go over some pros and cons of having a Walmart Moneycard, so you can decide whether or not you should get one.

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website


  • Up to 3% cash back; 
  • 2% APY annually;
  • Free family member accounts;
  • Free reload on the Walmart app.


  • Many fees, especially if you buy out of Walmart locations.

Credit score required

Walmart MoneyCard is a prepaid debit card that doesn’t require a credit score. That means it’s an excellent option for people who don’t have good credit or who don’t want to use a credit card. 

Walmart MoneyCard application: how to do it?

You can apply to Walmart MoneyCard online. It’s easy and fast. Read our post below to understand how to do it.

Walmart MoneyCard card

How to apply for the Walmart MoneyCard?

Do you love to shop at Walmart and want cash back for your purchases? If so, read our post and learn how to apply for the Walmart MoneyCard!

About the author

Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

Trending Topics


Application for the Petal® 1 “No Annual Fee” Visa® Credit Card: how does it work?

Wondering how to get a Petal® 1 "No Annual Fee" Visa® Card? We can help you. Read this article to learn more about this credit card.

Keep Reading

BMO World Elite Mastercard credit card review: is it worth it?

The BMO World Elite Mastercard credit card offers some lucrative rewards and travel benefits. But is it worth it? Read to find out.

Keep Reading

Milestone® Mastercard® application: how does it work?

If you need to build credit and don't want to pay a security deposit, read our post to learn how to apply for the Milestone® Mastercard®!

Keep Reading

You may also like


Application for the OpenSky Secured Visa card: how does it work?

Looking for a secured credit card? OpenSky Secured Visa card has an easy application process that makes it simple to get started. Learn more!

Keep Reading

OppLoans Personal Loan review: how does it work and is it good?

Here is an OppLoans Personal Loan review with its features. Borrow up to $4K with no hidden fees! Keep reading to learn everything you need!

Keep Reading

Investing for students: how to get started today!

If you're a student, this guide will help you get started with investing today. Learn 5 steps for beginnig your investment journey. Read on!

Keep Reading