BENTONVILLE, Ark. Walmart announced that when customers use the Walmart MoneyCard to buy gasoline for their vehicles, they'll receive 1% cash back on their gas purchases nationwide through Dec. 31.
"We know our customers need to stretch their budgets wherever they can. Just in time for Memorial Day and summer vacations, we are delighted to offer a benefit they want – cash back on gas," said Jane Thompson, president, Walmart financial services. "It's one more way we can help families save money."
The Walmart MoneyCard is a reloadable prepaid Visa debit Card that costs $3 to purchase, does not require a bank account or credit check and never has overdraft fees, according to Walmart . Customers buying new MoneyCards will be automatically enrolled in the cash-back program, while customers who already have MoneyCards will find it easy to enroll. The cash back will be added to the MoneyCard balance.