NetSpend by description can be said to be a global payments company. In addition to being a global payment company, the company is also a registered agent of the following; Bancorp Bank; MetaBank; Republic Bank & Trust company. With its headquarters in Austin, Texas, this alternative financial service provider in the US (as the company is described on its webpage) provides varying financial services to its clientele. We are to discuss “Netspend withdrawal at Walmart”.
Netspend withdrawal at Walmart
Prepaid debit cards offered by Netspend grant customers the ability to purchase products in-store or online. These cards are valid at any retail store accepting MasterCard and Visa cards such as Walmart store. At Walmart, MoneyCentres assist customers to finish their financial transactions without the need of visiting a physical bank. The money-centers assists customers with a variety of services from cashing checks to reloading prepaid cards.
What services does NetSpend provide to its customers?
Like other financial providers around the globe, Netsepend provides different alternative financial services to its customers worldwide. The company offers both prepaid debit and credit cards. Its prepaid cards offer alternative checking accounts prepaid debit cards, prepaid credit cards, and cash.
It is important to record that just like other financial providers, Netspend charges its customers the following fees; monthly plan fees, transaction fees, withdrawal from the ATM fees, card replacement fees, and fees charged for an account being inactive.
How Netspend charges for its services?
Service | Charge/Fee (monthly plan) |
| Monthly Plan | $9.95 |
| ATM withdrawals | $2.50 |
| Card replacement | $9.95 |
| Transactions | Foreign transaction fees are charged at 4%Withdrawal over the counter of any financial institution is set at 3 dollars Withdrawal over the counter of a Netspend reloads location is 2.75% of the amount of money withdrawn. |
| Inactivity | $5.95 |
Does Walmart facilitate NetSpend withdrawals?
You may be wondering whether or not Walmart facilitates NetSpend withdrawals! Walmart permits NetSpend users to withdraw amounts summing up to $4999.99 every twenty-four hours. These withdrawals are done at the Walmart Money Centres. The withdrawal of $4999.99 at the Walmart money centers attracts a transaction fee of 4 dollars or 2.75% of the sum amount withdrawn. Moreover, customers can receive cash back at the register, self-checkouts, and automated teller machines (ATMs) in Walmart.
How can I withdraw Netsepend funds from Walmart?
There are several ways in which a customer can use to withdraw Netspend funds from Walmart. Among these ways, the easiest way is over the counter at any local Walmart money entry. To facilitate faster and smoother transactions at the money centers, a person is required to bring with him the physical NetSpend debit card and a government-provided identification document such as a driving license or a passport. The cashier will then provide the cash once the transaction fee is paid
In circumstances where one goes shopping at a Walmart store, one can request a cashback before proceeding to pay for the goods purchased. The cashback is provided using the NetSpend debit card.
Another alternative and the second option to withdraw from NetSpend funds is through using the Walmart in-store automated teller machines. Compared to the cashback at the checkout, withdrawals via the Walmart in-stores are subjected to heavy transactional fees and therefore a customer may opt for the first option over the second option.
What is the maximum amount that I can withdraw from my NetSpend at Walmart?
A NetSpend customer is granted a withdrawal of up to 4999.99 dollars every 24 hours over the counter at Walmart money centers. In circumstances where one wants to withdraw a lump sum amount more than the maximum limit, then the customer is required to make advanced contact with the local Walmart money center to be sure whether they do have sufficient funds.
Walmart has also put in place a system where any card purchase at any of the operated registers attracts a cashback of up to 100 dollars applying to all NetSpend withdrawals. Moreover, a lower transaction fee of 60 dollars for every transaction made at the self-checkouts. Additionally, a NetSpend user has the authority to withdraw cash amounting to 325 dollars when finishing a transaction at a Walmart ATM, in addition to this, a customer is allowed to perform up to 6 transactions per day with a maximum of 940 dollars every 24 hours.
Does Walmart charge to withdraw from a NetSpend card?
The answer is yes! There are different variations in the Netspend withdrawal at Walmart. charges depending on the method that one has opted for. At Walmart money-centres, the charges correspond with NetSpend’s maximum limit fee. There one can expect to pay up to 4 bucks or rather 2.75% of the amount that has been withdrawn.
On the other hand, if you are on a pay-as-you-go plan instead of the monthly one then you can expect to pay between $1 and $2 for every debit transaction.
Conclusion
The $1 to $2 does not apply to those clients on a monthly plan or reduced monthly plan. One can expect an operation fee of between $2.50 and $3for each withdrawal at any Walmart ATM.
FAQs
How can one get a NetSpend card?
To one of the NetSpend’s cards, one is required to fill out the online form, which after submission will take a few days to be processed and shipped to your address at no charge.
How can you check your NetSpend account balance?
One can confirm the account balance using four ways; the first option is to login onto NetSpend’s website and clicks into the window displaying balance, deposits, and history of transaction. The second option is to sign up for the alerts with come with the account balance, this can be completed by just a text of “BAL to 22622”. The third option is to check your balance at an ATM center and finally contact NetSpend’s toll-free line (1-866-387-7363) for 50 cents.
Does NetSpend have a maximum limit amount that can be withdrawn each day?
Yes! Netspend has a limit as to how much you can spend in a day to comply with federal laws. A purchase transaction is limited to $4999.99 per day, this limit also applies to over-the-counter withdrawals. For ATM withdrawals, one is limited to 325 bucks for every withdrawal.
