Can you buy a paypal card at walmart

Paypal Customers Can Now Deposit and Withdraw Money at Walmart Stores

If you have a PayPal account, adding or withdrawing from your balance will now be as easy as a trip to Walmart.

Thanks to a partnership between PayPal and Walmart, unbanked families will now have a better place to stash their cash as we head into the holiday season.

Paypal announced today that by early November, Walmart customers with PayPal accounts would be able to deposit and withdraw money from their PayPal balance at any of the chain's 4,761 locations nationwide.

The service is available to all PayPal account holders, but if you carry a PayPal Cash Mastercard, you'll also be able to add or withdraw from your balance at Walmart ATMs or at one of the retailer's help desks.

The service isn't free

However you access your cash, the service will cost $3 per transaction. While paying a fee to access your own money is an annoyance, the fee is comparable to the average ATM fee most banks' charge if you use an ATM outside of your bank's network.

It's important to note that this step is necessary if you want to use your PayPal balance to make a purchase at Walmart. You can't simply pay for Walmart purchases directly through the PayPal app.

Who does this help?

One in four households falls into the category of being unbanked or underbanked, according to the FDIC. In many cases, these families don't hold a bank account because they lack the financial resources to warrant opening one in the first place. Other families simply lack an understanding of how the banking system works.

That means approximately 9 million families in the U.S. use no traditional banking service, and another 24.5 million households rely heavily on financial services outside of the traditional banking system, such as predatory payday loans, even though they do have a savings or checking account.

Unbanked households also face another challenge: because their income can vary significantly from month to month, building an emergency savings fund is difficult. But for those who do manage to save money for the proverbial rainy day, they currently store this cash in their house or at the home of a friend or family member, putting it at risk for theft or loss.

Online banking is still better—and it's on the rise

While keeping your money in a PayPal account is a much better option than under your mattress, opening an account at an online bank is better. It provides the same FDIC insurance and easy, mobile access as a PayPal account, but money stored in an online bank account has the opportunity to generate interest, and it can help you build your credit.

The good news: the use of online banking is on the rise. The FDIC found a substantial increase in online and mobile banking between 2013 and 2015, with more than one-third of households reporting online banking as their primary method for accessing a bank account.

How To Cash Out PayPal Balances

Can you buy a paypal card at walmart

What Is PayPal Cash Out?

Did  you know you can turn you PayPal balance into real cash without waiting periods or having to transfer to different accounts?

That’s right, PayPal Cash Out services at a  money services counter at Walmart is a simple way to get a hold of your money while already running daily errands. Take a peek below for the 3 simple steps to turn your PayPal balance into cash in minutes!

Think all the way back to high school when you excitedly set up your first checking account with your mom or dad. You couldn’t wait to see the money add up in there from your first part time job (little did you know it was all going to go to gas and fast food at that time).

Well, I still have that traditional account- and I am looking for an option that will better fit my new lifestyle.

Can you buy a paypal card at walmart

When I stopped working full time to stay home with my little ones, I wasn’t accessing, depositing, or transferring my money as regularly as I once was.

I knew I was letting my account collect dust, but didn’t think much of it until last month when I received an “Urgent Notification” on my phone that said my account was overdrawn!

Knowing I hadn’t touched it in a year and a half, I thought I must have had my card compromised. When I looked into it, I found these charges totaled hundreds of dollars in standard monthly service fees. What?!?

I couldn’t believe that I wasn’t even using the service, and they were still taking my money and even overdrawing accounts. 

Can you buy a paypal card at walmart

I knew without a standard 9-5 job with regular deposits to maintain “active status”, I had to find something different that would fit my new lifestyle.

After doing a little bit of research, I discovered PayPal cash in and Paypal cash out services at Walmart. I am already using PayPal for most everything to do with my business now, so why not give this a try?

I did, and it was so easy!

How Do I Use PayPal Cash Out At Walmart?

It was incredibly simple, surprisingly! I just had to go through my PayPal mobile app, choose the dollar amount I wanted to withdraw, and show the money services counter at Walmart my barcode.

That’s it- I had MY money in MY hand in minutes with a small $3 fee. Do make sure that you factor in the $3 fee when deciding how much cash you want to withdraw from PayPal.

You can learn more about PayPal Cash Out Services at Walmart and discover your own financial freedom HERE!

Can you buy a paypal card at walmart

PayPal cash in and cash out money services exclusively at Walmart stores is a great financial alternative; finally meeting our financial needs and allowing us to manage our PayPal balance and cash needs when we need to.

PayPal users can also access their money easily by loading & withdrawing money, exclusively at Walmart stores in the US.

Can you buy a paypal card at walmart

You can also pay your bills or make purchases online or anywhere ‘Mastercard’ is accepted with your PayPal Cash Mastercard. This also allows you to securely access your cash balance using Walmart Service Desks, ATMs, and cash registers for the low fee of $3 per service. Load and withdrawal limits apply.

PayPal cash in and cash out money services exclusively at Walmart stores may be a great option for you and your family. If you are looking for something totally different from traditional financial services, check out more information HERE!

I was selected for this opportunity as a member of CLEVER and the content and opinions expressed here are all my own.

Does Walmart have the PayPal cash card?

The PayPal Cash Card is a debit card that lets you access your PayPal balance to shop in store at Walmart and everywhere Mastercard® is accepted. Add your card to the Walmart Pay app and shop in store, wallet-free. Add cash to your PayPal balance for $3.00 at more than 3,000 Walmart ATM locations.

What stores sell PayPal cards?

Which Stores Sell PayPal Prepaid Cards? The card is widely available at stores, including drugstores, gas stations, supermarkets, convenience stores, dollar stores, Western Union Reload+ locations, and Walmart stores. These are all members of the Netspend Reload Network.

How much does it cost to get a PayPal card at Walmart?

There is no fee to set up your account and get a card. We don't charge a monthly fee and no minimum balance is required. We don't charge for inactivity or limited use of the card. A fee of up to $3.95 will apply when loading cash to your PayPal balance at supported stores.

How can I get a PayPal card?

To get a PayPal debit card, also called the PayPal Cash Card, go to the PayPal Cash Card page and click Get card. Log in to your PayPal account and complete the form. Once PayPal approves the card, you will get it in five to seven business days.