BENTONVILLE, Ark. – WalMart yesterday said it is teaming with American Express to offer a prepaid card at WalMart stores.
The Bluebird card will have no monthly, annual, activation or overdraft fees and will not require a minimum balance. The companies said Bluebird has the same fraud protections as other traditional card products.
Money can be placed onto the card at no charge with cash at any WalMart register, through direct deposit, by remote check capture with a mobile application or by linking to a bank account.
Cash withdrawals can be made at no charge from any MoneyPass ATM machines if the cardholder is part of a direct deposit program. If not, withdrawals are $2. Withdrawals at out-of-network ATMs are also $2. It would cost cardholders $2 to add money from a debit card.