Unlock overdraft protection up to $300 with eligible direct deposits and opt-in¹
Overdraft protection helps cover purchase transactions that exceed your available balance. No fee with the first $10 of coverage. Need more? We offer coverage up to $300. Fees may apply.
Set up direct deposit & opt-in today
Set up direct deposit & opt-in today
Set up & receive
eligible direct deposit.
Opt in for
overdraft coverage.
We’ll cover debit card purchase transactions that exceed your available balance. You’ll have 24-hours to bring your balance to at least $0 to avoid a fee.
What is an overdraft?
An overdraft of your account happens when you spend more than what you have available in your account. We know life happens, so we offer overdraft coverage to help in those situations.1
Want to avoid an overdraft of your account?
We can help there too.
Want to avoid an overdraft of your account?
We can help there too.
The Walmart MoneyCard offers several features in the app so you can manage your finances & help prevent your account balance from becoming over drafted.
Keep track with account text alerts
Set daily balance notifications to avoid overspending
Check your balance with a simple swipe
Track spending & create budgets
Keep track with account text alerts
Set daily balance notifications to avoid overspending
Check your balance with a simple swipe
Track spending & create budgets
Frequently asked questions
Frequently asked questions
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Overdraft protection is an optional service that helps cover purchase transactions that exceed your available balance and would normally be declined because of insuffiencent funds. ATM withdrawals, bill payments made within the app and sending money to others are not covered by overdraft protection. Overdrafts are paid at our discretion, and we do not guarantee that we will authorize and pay any transaction.
Cash withdrawals, paying bills within the app and sending money to others are NOT covered.
You must have an activated, chip-enabled debit card and opt in to overdraft protection to be covered. A $15 fee may apply.
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Walmart MoneyCard accountholders who receive eligible direct deposits may qualify for overdraft protection. You must have an activated, chip-enabled debit card and opt in to overdraft protection to receive coverage. Overdraft coverage eligibility also includes factors such as the frequency of deposits to your Account, your Account status, and the transaction history of any Accounts with us. Overdraft protection is only available on Demand Deposit Accounts. Refer to your Account Agreement to check feature availability.
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You will be notified by email, SMS, or push notification. Message and data rates may apply. Or, you can find out by logging in to your account using the Walmart MoneyCard app or WalmartMoneyCard.com and visiting the overdraft protection section.
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Log in to the Walmart MoneyCard app or website and find “Overdraft protection” in the menu. Follow the directions to opt in and accept the terms and conditions of overdraft protection. Remember, you must meet the direct deposit eligibility requirements before you can opt in to overdraft protection.
There are two ways to opt out of overdraft protection coverage: the Walmart Moneycard app or WalmartMoneyCard.com
1) Walmart Moneycard app
- Log into your account
- Select Overdraft Protection on the home screen
- Tap the Opt in to Enable button
- After reviewing the Overdraft Protection Agreement, tap the Agree and Opt In button to opt in to overdraft protection.
Or
2) WalmartMoneyCard.com
- Log into your account
- Go to the Overdraft Protection block on the home screen
- Select Opt in to Enable
- After reviewing the Overdraft Protection Agreement, click Agree and Opt In to opt in to overdraft protection.
Remember, you must meet the direct deposit eligibility requirements before you can opt in to overdraft protection. Coverage is based on your direct deposits, overdraft activity, and account status.
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With an eligible direct deposit, you are covered up to $10 in overdraft protection with no fees.
Additional overdraft coverage up to $200 is subject to eligibility criteria. Fees may apply.
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Only purchase transactions are subject to overdraft protection.
You are covered up to $10 in overdraft protection with no fees.
Additional overdraft coverage up to $200 is subject to eligibility criteria and each transaction that is greater than $5 and overdraws your account by more than $10 is subject to fees.
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Yes. There are no fees for overdraft coverage up to $10. Fees may apply with additional overdraft coverage up to $200. You'll have 24-hours to bring your account to at least $0 from the first authorized overdrawn transaction to avoid a fee.
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Once you opt in to overdraft protection coverage your purchase transactions can be covered by overdraft protection. Overdrafts are paid at our discretion, and we do not guarantee that we will authorize and pay any transaction.
Cash withdrawals, paying bills within the app and sending money to others are NOT covered.
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Yes. You must have an eligible direct deposit with opt-in to be eligible for overdraft protection. Additional criteria may apply. Overdraft coverage eligibility also includes factors such as the frequency of deposits to your account, your account status, and the transaction history of any accounts with us. If there are more than 10 overdraft transactions within a statement period (regardless if you have used your full coverage limit or a fee was charged or not) the feature will be temporarily paused for the remainder of your statement period. Your eligibility and coverage can change at our discretion.
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You are allowed a maximum of 10 overdrafts in a statement period. If there are more than 10 overdraft transactions within a statement period (regardless if you have used your full coverage limit or a fee was charged or not) the feature will be temporarily paused for the remainder of your statement period.
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Yes, If there are more than 10 over draft transactions within a statement period (regardless if you have used your full coverage limit or a fee was charged or not) the feature will be temporarily paused for the remainder of your statement period. Your eligibility and coverage can also change at our discretion.
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Yes, you may opt out of Overdraft Protection at any time by logging into to your account using the Walmart MoneyCard app or WalmartMoneyCard.com. In general, your opt-out request will be effective immediately, and we will send you an email to confirm your opt-out request. However, any pending purchase transactions may still take the account below $0 and result in a $15 overdraft fee.
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Log into your account at WalmartMoneyCard.com or via the Walmart MoneyCard app. In general, your opt-out request will be effective immediately, and we will send you an email to confirm your opt-out request. However, any pending purchase transactions authorized prior to opting out that overdraw your account may still take the account below $0 and result in a $15 overdraft fee.
There are two ways to opt out of overdraft protection coverage: the Walmart Moneycard app or WalmartMoneyCard.com
1) Moneycard app
- Log into your account
- Select Overdraft Protection on the home screen
- Tap the three dots ""..."" in the upper right corner
- Tap Opt Out of Overdraft Protection
- Tap Opt Out
Or
- Log into your account
- Select the Overdraft Protection tab in the top navigation on the home screen
- Select the 3 dots ""..."" in the upper right corner
- Select Opt Out of Overdraft Protection
- Select Opt Out
Note, when you opt out of overdraft protection, any purchase transactions authorized prior to opting out that overdraw your account may still result in a $15 fee.
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You are covered up to $10 in overdraft protection with no fees.
Additional overdraft coverage up to $300 is subject to eligibility criteria. A $15 fee may apply to each eligible purchase transaction that brings your account negative. Balance must be brought to at least $0 within 24 hours of authorization of the first transaction that overdraws your account to avoid a fee.
Cash back, up to $75 per year, is credited to card balance at end of reward year and is subject to successful activation and other eligibility requirements. Redeem rewards using our website or app. You will earn cash back of three percent (3%) on qualifying purchases made at Walmart.com and in the Walmart app using your card or your card number, two percent (2%) at Walmart fuel stations, and one percent (1%) on qualifying purchases at Walmart stores in the United States (less returns and credits) posted to your Card during each reward year. Grocery delivery and pickup purchases made on Walmart.com or the Walmart app earn 1%. For the purpose of cash back rewards, a "reward year" is twelve (12) monthly periods in which you have paid your monthly fee or had it waived. See Deposit Account Agreement for details.
Opt-in required. Account must have initial eligible direct deposits, must be in good standing and have an activated chip-enabled debit card to opt-in. Ongoing eligible direct deposits and other criteria apply to maintain eligibility for overdraft protection. Only debit card purchase transactions are eligible for overdraft protection and overdrafts are paid at our discretion. We reserve the right to not pay overdrafts. For example, we may not pay overdrafts if the account is not in good standing, or is not receiving ongoing eligible direct deposits, or has too many overdrafts. Overdraft fees may cause your account to be overdrawn by an amount that is greater than your overdraft coverage. A $15 fee may apply to each eligible purchase transaction that brings your account negative. Balance must be brought to at least $0 within 24 hours of authorization of the first transaction that overdraws your account to avoid a fee. Overdraft protection is only available on Demand Deposit Accounts that meet eligibility requirements. Log into and refer to your Account Agreement to check feature availability.
Monthly fee waived when you direct deposit $500+ in the previous monthly period. Otherwise, $5.94 a month.
Early direct deposit availability depends on payor type, timing, payment instructions, and bank fraud prevention measures. As such, early direct deposit availability may vary from pay period to pay period. The name and Social Security number on file with your employer or benefits provider must match your Walmart MoneyCard account to prevent fraud restrictions on the account.
Limits apply. Your funds typically become available on your account within 10 minutes for your use.
Carrier message & data rates may apply.
Monthly fees will continue on locked cards. Previously authorized transactions and deposits/transfers to your account will function with a locked card.
Interest paid annually on each enrollment anniversary based on the average daily balance across all savings of the prior 365 days, up to a maximum average daily balance of $1,000 across all savings, if the primary account is in good standing and has a positive balance. 2.00% Annual Percentage Yield may change at any time before or after account is opened. Annual Percentage Yield is accurate as of January 2026. Fees on your primary account may reduce earnings on your savings account. See Deposit Account Agreement for terms and conditions.
$3.74 service fee and limits apply. All rights reserved. Green Dot NMLS #914924/#908739.
Transfer money from another U.S. bank to your Walmart MoneyCard. Activated, personalized card required. Limits apply. Subject to your bank's restrictions and fees. Transfers take three (3) business days after account verification. See Deposit Account Agreement for details at WalmartMoneyCard.com
Fees and limits apply to debit card transfers. See Deposit Account Agreement.
Activated, chip-enabled debit card required to use Ingo Money check cashing service. The check cashing service is provided by Ingo Money, Inc. and the sponsor bank, identified in the terms and conditions for the service and subject to Ingo Money Inc. Terms and Conditions and Privacy Policy. Limits apply. Approval usually takes 3 to 5 minutes but can take up to one hour. All checks are subject to approval for funding in Ingo Money's sole discretion. Fees apply for approved Money in Minutes transactions funded to your account. Unapproved checks will not be funded to your account. Ingo Money reserves the right to recover losses resulting from illegal or fraudulent use of the Ingo Money Service. Your wireless carrier may charge a fee for data usage. Additional transaction fees, costs, terms and conditions may be associated with the funding and use of your card or account. See Deposit Account Agreement (PDF) for details. Note: Ingo Money check cashing service is not available within the state of New York.
Check cashing fees and limits apply. These services are not available in all states or stores. Reloads can’t exceed limits. Your receipt is proof of reload. All rights reserved. Green Dot Corporation NMLS #914924; Green Dot Bank NMLS #908739.