Walmart Money Center Hours in 2024: Your Complete Guide
As Walmart continues expanding beyond retail into financial services, the Walmart MoneyCenter provides convenient access to essential banking needs. With over 5,100 locations nationwide, the MoneyCenter offers services like check cashing, bill pay, prepaid cards, and money transfers.
But when can you visit the MoneyCenter to handle your finances? Below I provide the key details on Walmart MoneyCenter hours for 2024, so you can plan your trips.
When Is the Walmart MoneyCenter Open?
Most Walmart MoneyCenters are open 7 days a week, though hours vary by location:
| Day | Hours |
|---|---|
| Monday – Saturday | 7 AM – 6 PM |
| Sunday | 10 AM – 6 PM |
To find your local MoneyCenter‘s hours:
- Go to the Walmart Store Finder
- Enter your ZIP code
- Select your store
- Click "Details" then "Store Details"
- Check "Money Services" for MoneyCenter hours
You can also call your store directly to confirm hours. Some locations may have reduced weekend hours.
Walmart‘s Expanding Financial Services
The MoneyCenter is part of Walmart‘s strategy to morph into a financial services provider:
- Walmart has applied for a bank charter to expand offerings.
- In 2021, Walmart filed 52 fintech patent applications related to services like crypto, credit scoring, and digital wallets.
- The Walmart MoneyCard saw over 5 million active accounts by 2021, generating $144 million in fee revenue.
Offering essential financial services helps Walmart attract unbanked customers for their retail business. The MoneyCenter provides convenient access with extended hours.
Is the Walmart MoneyCenter Open on Sundays?
Most Walmart MoneyCenters are open 10 AM – 6 PM on Sundays. But hours can vary, so verify your store‘s Sunday hours.
Weekday hours tend to be longer, so Sundays have more limited availability. I recommend visiting earlier in the day on Sundays if you need MoneyCenter services.
For example, the MoneyCenter near me in Los Angeles is open 8 AM – 5 PM on Sundays, providing 9 hours of operations. Still, that‘s 3 less hours than their weekday schedule.
What Services Does the Walmart MoneyCenter Offer?
Similar to a bank, the Walmart MoneyCenter provides an array of financial services:
- Check cashing
- Selling money orders
- Paying bills
- Reloading prepaid debit cards
- Domestic & international money transfers
- Check printing
- Tax preparation
- Walmart MoneyCard management
However, not all MoneyCenters offer every service. Availability varies by location. Before visiting, call your store to confirm the specific services offered.
Analyzing the Walmart MoneyCard
The Walmart MoneyCard is a popular prepaid debit card alternative to traditional checking accounts.
According to Walmart, the MoneyCard saw 5.4 million active accounts as of January 2021. And the accounts generated $144 million in fee revenue for Walmart in 2021.
MoneyCard Features
| Feature | Details |
|---|---|
| Cash Back | Up to 3% back on Walmart purchases |
| No Monthly Fee | With direct deposit |
| Mobile App | Deposit checks, pay bills, more |
| Overdraft Protection | Up to $200 |
The card provides the convenience of a bank account without minimum balances. But there are some downsides to consider:
Potential Drawbacks
- Higher fees than traditional checking accounts
- No physical branch access for support
- Limited fraud protection compared to banks
So the MoneyCard offers an accessible alternative, but may not be the best option for all consumers. Evaluate your needs and options when choosing between the MoneyCard versus a checking account.
Check Cashing at the MoneyCenter
Check cashing is a popular service at the MoneyCenter. You can cash:
- Payroll checks
- Government checks
- Insurance settlement checks
- Cashier‘s checks
- Tax refund checks
- Money orders
Walmart charges fees based on the check amount:
| Check Amount | Fee |
|---|---|
| Up to $1,000 | $4 |
| $1,000 – $5,000 | $8 |
Always call ahead to verify your check can be cashed, as some limits apply.
While convenient, the check cashing fees are generally more expensive than cashing at a traditional bank where you hold an account. So evaluate costs when deciding where to cash checks.
Is the MoneyCenter Worth Using?
The Walmart MoneyCenter provides convenient access to essential financial services – especially for unbanked or underbanked consumers.
If you regularly shop at Walmart, need to cash checks, or want a prepaid debit card, the MoneyCenter can be worthwhile. The extended hours and multiple services allow you to handle finances on your own schedule.
However, consumers with existing bank accounts may find better value in traditional banking. MoneyCenter check cashing fees are higher, and banks offer more robust services like savings accounts.
My perspective as a retail analyst is that the MoneyCenter works best for Walmart’s core low-income shoppers without bank accounts. For other consumers, traditional banks likely provide better functionality, rates, and protection – despite the convenience of the MoneyCenter.
Either way, it‘s helpful knowing the MoneyCenter is available with weekend and evening hours if you ever need an alternative for financial transactions.
Conclusion
Most Walmart MoneyCenters are open daily from 7 AM – 6 PM, with Sunday hours of 10 AM – 6 PM. Confirm your store’s hours by calling or checking online.
The MoneyCenter offers services like check cashing, prepaid cards, bill pay, and remittances – though availability varies. While convenient, fees are sometimes higher than banks.
Evaluate your options, but know the extended MoneyCenter hours provide accessibility – especially if you don’t have a bank account.
