When does Walmart MoneyCard process deposits?

Walmart’s MoneyCard is a prepaid debit card introduced by Walmart as a secure and convenient way to receive deposits and make purchases.

Because deposits take some time before you can actually use the funds through your MoneyCard, you may be wondering when Walmart MoneyCard processes deposits? Here’s what I found out!

When will Walmart MoneyCard process deposits in 2022?

Walmart MoneyCard will not have a fixed processing time for deposits as of 2022. Your account balance is updated whenever MoneyCard receives payment instructions from an employer or government service provider. The MoneyCard app can send notifications when deposits are received.

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To learn more about the factors that determine when Walmart MoneyCard processes deposits, whether you can get early deposits, and more, read on!

What does Walmart MoneyCard payment timing depend on?

Walmart MoneyCard will credit your account balance with a payment once it receives payment instructions from your employer or government (in the case of benefits).

Therefore, the timing of payment depends primarily on when your employer (or the government) sends payment instructions.

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If MoneyCard has not received payment instructions on the day of payment, MoneyCard will not be able to process the scheduled deposit, causing delays for you.

In addition, the timing of payment may also be affected by whether the name and social security number provided by your employer match the information stored in your Walmart MoneyCard account.

If these do not match, there will be delays in processing the deposits.

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Does Walmart MoneyCard deposit early?

Walmart MoneyCard’s ASAP Direct Deposits allow you to receive early payments from an employer up to two days before your scheduled payday.

For government benefits, your deposit will be deposited into your account up to four days before you would normally receive benefits.

However, this is highly dependent on when the employer or government sends payment orders. MoneyCard will only prepay your account if payment instructions are received before the scheduled date.

How far back does time go?

In addition, you must ensure that the name and social security number at your employer and on your MoneyCard account match in order for the deposit to actually be processed (as mentioned earlier).

How can you track your Walmart MoneyCard deposit?

You can track your deposit status, receive instant notifications and alerts when you receive a deposit, and check your balance by downloading the Walmart MoneyCard mobile app.

What can you do if you don’t receive your deposit on time?

If a deposit you are expecting is overdue or has not arrived in your account, you should contact your employer or healthcare provider and ask for a tracking number.

After that, you should contact Walmart MoneyCard’s customer care department by phone at: (877) 937-4098 and provide them with your tracking number to find out when the deposit will be processed.

To learn more, you can read our other posts on Whether or Not Walmart Has ATMs, Walmart’s Western Union Redemption Service, and Sending Money Orders Through Walmart.

Conclusion

A Walmart MoneyCard account is a great opportunity for customers, giving them the ability to receive prepaid debit card deposits days before payday or government benefit funds would normally hit their account from employers or benefit providers. Thanks to the Walmart MoneyCard service, customer deposits are processed earlier than possible through traditional banks.