walmart moneycard review

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There is talk of the excessive fees for pretty much everything. Want a paper statement? That will be a $2.00 fee. ATM balance inquiry? $0.75. There is also the $4.94 monthly maintenance fee and the $4.64 fee for each reload that is a non-check cashing transaction at a Wal-Mart money card.Comments on the articles have likened Wal-Mart as another evil, fee-happy bank. What they missed is there are no overdraft fees. Overdraft fees account for almost 40% of the fee income for banks and credit unions. From what Ive seen, its the overdraft fees and bounced checks that get customers into trouble in the first place. Wal-Marts MoneyCard helps alleviate that problem.

information from: www.walmartmoneycard.com

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