Cardholders who receive an eligible direct deposit are eligible for one of three different coverage levels for flexibility.įor a limited time, new customers who activate a Walmart Mone圜ard purchased either in-store or online will receive a $20 bonus with a qualifying direct deposit of $500 or more through August 15, 2021. Overdraft Protection - Cardholders now gain the peace of mind of having up to $200 in overdraft protection for that extra help when they need it most.its prepaid card).35 Encouraged by the success of its Money Centers, Wal-Mart is. Easier Access to Waived Monthly Fee - Cardholders are now able to waive their monthly maintenance fee with a qualifying direct deposit of $500, half the amount required previously. Walmart Money Centers are highly successful because they are accessible.“We’re proud to introduce the ‘new’ Walmart Mone圜ard as a DDA designed to benefit customers in ways that are truly meaningful and valuable to them, with many more new features and functionality to come.” Enhanced features cardholders receive immediately from Green Dot Bank with the conversion to DDA include: “As a financial technology company committed to seamlessly connecting people to their money, we’re always looking for opportunities to modernize products with helpful tools, great value and exceptional customer experiences,” The new Walmart Mone圜ard is designed “to help customers more seamlessly access, manage and move their money - and ultimately improve their financial health - through a suite of innovative and useful tools that will evolve and expand over time,” Walmart said.īrandon Thompson, EVP of Retail, Tax and Pa圜ard, Green Dot, said:
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