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Walmart, American Express launch alternative to traditional bank accounts
Bentonville, Ark. -- Walmart and American Express have teamed up to offer customers an alternative to debit and checking accounts. The new service, called Bluebird, is designed to provide financial services to customers who often do not have traditional bank accounts. It will allow for deposits by smartphone and mobile bill paying, with no minimum balance or monthly, annual or overdraft fees.
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Walmart launches prepaid card reload program
Bentonville, Ark. -- Wal-Mart Stores said Tuesday that it is launching a new service called Rapid Reload, which allows customers to load money onto prepaid cards.
The service is affiliated with Green Dot Network, InComm's Vanilla Reload Network and First Data's Money Network.
For a fee of $3.74, the program allows customers, effective immediately, to add money to their card at a store register.