Guide to the Walmart MoneyCenter

Walmart doesn t just offer groceries and an array of big-box-store items to its customers it also provides on-site financial services at a place called the MoneyCenter The MoneyCenter offers a large number of of the same services as a bank including a checking account and check cashing This can serve as either a convenience or as a banking alternative for consumers Find out more about how the Walmart MoneyCenter works See Best Checking Accounts What Is Walmart s MoneyCenter The MoneyCenter is similar to a traditional bank branch providing products and services that people can use to complete everyday banking engagements MoneyCenter offers services such as sending money securing installment financing cashing checks printing checks paying bills buying money orders and arranging tax prep services MoneyCenter members access their funds through Walmart s partners Keep in mind that specific services come with fees you may not typically see from a bank Walmart MoneyCenter Services Bill pay Consumers can pay bills in Walmart stores with over billers available Check cashing Customers can cash personal checks up to and all other checks up to for instant cash or have the amount added to a Walmart MoneyCard Check printing Order customizable checks online or in-store Coinstar A kiosk where you can redeem your coins for cash gift cards or even a charity donation Green Dot Visa debit card A reloadable debit card provided by Green Dot Bank OnePay debit account An online banking option with a debit card that can earn cash back on purchases made at Walmart Walmart MoneyCard A debit card offered by Green Dot Bank with benefits including free online bill pay services no overdraft fees and cash back rewards on Walmart purchases Walmart Walmart money transfers A organization for money transfers within the United States Puerto Rico and Mexico provided by Ria Walmart World money transfers A utility for money transfers to a arrangement of over locations in over countries and territories also provided by Ria Tax preparation services Jackson Hewitt provides these services with on-site professionals in over stores to help consumers file taxes by appointment Walmart MoneyCenter s Hours of Operation Walmart hours are a m to p m daily MoneyCenter hours may differ depending on the location It s best to call for more details Follow these policies to access the address phone number and hours of your closest Walmart location Visit the Walmart store finder on your laptop tablet or mobile device Enter your ZIP code and click Find store Click store detail to learn the store hours and get the phone number Click the Money Services icon to search only for stores with a MoneyCenter If a Walmart doesn t have a dedicated MoneyCenter it still offers a number of financial services Call to see what is available Is Walmart MoneyCenter Safe The Federal Transaction Commission sued Walmart in June for allegedly allowing scammers to defraud consumers out of hundreds of millions of dollars From to the lawsuit alleges Walmart collected profits from fees while turning a blind eye to fraudsters using its money transfer services while impersonating IRS agents or relatives in need or running other scams The banking products Walmart offers are backed by FDIC-insured partner banks Walmart MoneyCenter Alternatives Walmart s MoneyCenter serves as a viable option for consumers unable to open a bank account or for those looking for convenience but there are other banking options available If you have a negative banking overview a second-chance checking account could be a good idea This type of account gives you the opportunity to repair your rocky banking history as well as practicable access to an extensive ATM structure and FDIC insurance However these accounts usually come with more fees than a standard checking account If you re looking for alternatives to transferring money through Walmart you can use wire transfers although they come with high fees An easier and cheaper option is to use peer-to-peer P P payment services such as Venmo Cash App Zelle or PayPal More from U S News What Is a High-Yield Savings Account What Is a Certified Check Are Banks Open In the modern day Federal Holiday Bank Closures Guide to the Walmart MoneyCenter originally appeared on usnews com Update This story was previously published at an earlier date and has been updated with new information Source