Can You Overdraft a Walmart Money Card? (All You Need to Know)

Walmart is probably best known for the millions of products it offers customers online and in-store. However, Walmart has also branched into providing various services for customers as well, such as convenient banking options.

If you’ve been to Walmart lately, you may have noticed the MoneyCard’s and asked yourself: what is a Walmart MoneyCard, and where can I use it? If you’d like to find out, keep reading!

Can You Overdraft a Walmart MoneyCard In [currentyear]?

All Walmart MoneyCards come with a no overdraft fee promise as of [currentyear]. Walmart MoneyCards are reloadable Visa debit cards that cost $3 at the time of purchase. Afterward, customers can use the MoneyCards anywhere Visa is accepted in-person or online. Also, you don’t need a bank account or credit check to buy a Walmart MoneyCard.

If you want to learn more about Walmart MoneyCards, keep on reading for more facts and tips!

Is It Possible to Overdraft a Walmart MoneyCard?

When you purchase a Walmart MoneyCard, there are no overdraft fees you can incur, which is standard no matter what kind of MoneyCard you buy or when you purchase it.

What Is a Walmart MoneyCard?

A Walmart MoneyCard is a reloadable prepaid Visa debit card that acts like any other debit card you currently have.

Further, Walmart MoneyCards cost $3 at the time of purchase and don’t require you to have a bank account or credit check.

Also, when you buy a Walmart MoneyCard, you’re automatically enrolled in a cashback program in which the cash is added to your MoneyCard.

What’s the Purpose of a Walmart MoneyCard?

Some of the purposes of a Walmart MoneyCard are to make it easier to manage money and have a payment option that’s safer than cash.

For example, even if you lose your Walmart MoneyCard, that doesn’t mean you lose all the funds associated with the card because Walmart offers a protection plan.

Therefore, most customers who own a Walmart MoneyCard use it as their primary way to pay for things instead of using cash.

Where Can You Use the Walmart MoneyCard?

Where Can You Use the Walmart MoneyCard?

You can use a Walmart MoneyCard everywhere Visa debit cards are accepted (which is most stores out there today). Also, Walmart MoneyCards come with protection from the Visa Zero Liability Policy.

With this protection policy, you are protected from unauthorized purchases, fraud, and theft if your card is stolen or misplaced.

Who Provides the Walmart MoneyCard?

GE MoneyBank issues the Walmart MoneyCard, and there are also some additional services that Green Dot provides.

What Can You Buy With a Walmart MoneyCard?

Fortunately, there are several things you can purchase and use a Walmart MoneyCard for, including the following:

  • Purchase items anywhere Visa is accepted, either in-person or online
  • Send your paycheck with direct deposit to the card
  • Receive cash from numerous ATMs all over the world
  • Pay bills (cable, cell phone, electricity)
  • Pay for groceries and gas
  • Use at restaurants, hotels, and for booking airline tickets
  • Budget and track spending using the SMS or email alerts

Overall, you can use a Walmart MoneyCard like any other debit card to purchase items or services easily.

Does Walmart Have Other Money Services?

Walmart offers its customers a few other money services. In fact, the retail giant claims its money services helped save customers $450 million in fees in just one year!

Further, some of the money services Walmart offers include check cashing, paying bills, and money transfers.

1. Check Cashing

With Walmart’s check-cashing service, customers can cash payroll or government checks. Also, you can cash tax-refund checks with Walmart check cashing. However, if you have a large check, it’s best to call your local Walmart beforehand to ensure it has the funds available. 

2. Bill Payment

Walmart offers a variety of bill payment options, including three-day, next-day, and same-day payment delivery options. Also, some bill payments come with a small fee (less than a dollar most of the time), so it’s essential to keep that in mind.

3. Money Transfers

Finally, Walmart offers a service called MoneyGram, which lets customers send money to friends or family members worldwide in a matter of minutes. However, a small fee comes with this service, which varies depending on how much money you’re sending.

To learn more about Walmart, you can also see our posts on how to cancel Walmart Money Cards, what time does Walmart Money Card processes deposits, and if Walmart has MoneyGram.


Walmart MoneyCards are reloadable Visa debit cards that cost $3 at the time of purchase and come with no overdraft fees. Also, Walmart MoneyCards come with protection plans, so you don’t have to worry about losing your money if your card is lost or stolen.

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Marques Thomas

Marques Thomas graduated with a MBA in 2011. Since then, Marques has worked in the retail and consumer service industry as a manager, advisor, and marketer. Marques is also the head writer and founder of

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