walmart moneycard

Walmart Adds Sweepstakes To Savings Program For Unbanked Customers

Walmart Adds Sweepstakes To Savings Program For Unbanked Customers

By 12.16.16

In other countries, prize-linked savings accounts are a popular vehicle used to encourage low-income people to build nest eggs. The premise is simple: saving money enters customers into a lottery, with relatively modest prizes. Since the accounts became legal in the U.S. in 2014, some banks have launched their own versions, and now Walmart and its prepaid debit cards are joining the party. [More]

Green Dot, the company that services Walmart MoneyCard accounts, says an investigation gives it reason to believe this may be a hoax.

Story Of The Returned $10,000 Walmart Debit Card May Be Hoax

By 2.25.15

Earlier today, we told you about the odd story of a man in Alabama who claimed to have found a Walmart prepaid debit card containing more than $10,000 on it, and who says he did the right thing by trying to return it to the store. However, the more we learn about this story the more questions come up. [More]

Green Dot, the company that services Walmart MoneyCard accounts, says an investigation gives it reason to believe this may be a hoax.

Man Returns $10,000 Walmart Debit Card To Store, Now It’s Gone Missing

By 2.25.15

UPDATE: Green Dot — the company that services the Walmart MoneyCard — tells Consumerist that its investigation of this story gives it reason to believe it may all be a hoax. More details on the questions and inconsistencies with the man’s story can be found HERE. [More]