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Can the Walmart MoneyCard behave as a Checking Account?

A checking account comes in handy for bills and everyday expenses whereas a savings account is an ideal place to earn interest and hold cash for long-term and short-term goals.

Nevertheless, this really isn’t the sole option for spending bills.

The Walmart MoneyCard normally useful for managing money, yet you may wonder whether this card may be used exactly the same as a checking account.

The answer that is short yes. But you need to know before you run out and get a Walmart MoneyCard, here’s what.

What's the Walmart MoneyCard?

To place it clearly:

A Walmart MoneyCard is really a reloadable prepaid credit card.

This is certainly distinctive from a bank debit card since it’s perhaps maybe not linked to a banking account.

However, the Walmart MoneyCard is supported by a significant bank — Green Dot Bank — therefore it provides numerous options that come with a bank account.

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