The Walmart MoneyCard, compared to other prepaid debit cards, is missing the "Oh, yeah. I should totally use this" factor. There are a few things going for this card, however, including its low fees and charges, and your ability to transfer money to your card directly from your bank account.

Walmart makes it very clear in the cardholder agreement that it can change its fees at any time, but the following are the fees that Walmart posts on its MoneyCard website:

• One-time Walmart fee: $3
• ATM withdrawal: $2 plus ATM fees
• International ATM withdrawal: $2 plus ATM fees
• ATM balance inquiry: $1
• Replacement card: $3
• Second card: $3
• Foreign purchases: Two percent of total purchase amount in U.S. dollars

If you load $1,000 or more onto your prepaid debit card each month, Walmart will waive the $3 monthly maintenance fee.

Several other prepaid debit card companies will charge you a fee to check your balance via customer service; the Walmart MoneyCard does not. You can check your balance and transaction history online, or you can call customer service for free.

All cardholders of this Walmart MoneyCard Family card must be at least 16 years old. If you are a minor between the ages of 16 and 17, you must have a parent on the phone with you during the card and account activation process, according to the cardholder agreement.

Every prepaid debit card comes with a privacy agreement and a cardholder agreement; both documents have a lot of fine print. The Walmart prepaid debit card definitely takes the cake, however. There is so much fine print associated with this card. Of course, we do understand why Walmart must hash out every little detail, but the language it’s written in is not the easiest to understand, which makes reading it even more taxing.

You do have the option to use your prepaid debit card to rent a car. However, the car rental agency will authorize a hold for these funds on your card until you return the car – and even for several weeks afterward. This same kind of hold will also be applied to transactions with gas stations, restaurants and hotels. This hold means that, if you rented a car for $400 total, that money is not available for you to spend. Walmart MoneyCard suggests that "you use your credit card for the initial authorization [of the car] and pay with your debit card." We have a problem with this statement because many people who seek out and use a prepaid debit card cannot qualify for an actual credit card.

We also take issue with Walmart's policy on removing a second cardholder from your account. You are able to order a second card (for a $3 fee) and give it to a family member or friend. This card is linked to your account and, according to the FAQs section, the only way to remove it is to "cut up the second card and return it, along with the cardholder's name, to the Walmart MoneyCard Customer Service." Ridiculous.

One of the main features of this prepaid debit card is that it requires no credit check. To obtain a card, however, you will need to give your name, address, date of birth and social security number to Walmart.

The cardholder agreement explicitly tells you what you can and cannot use the card for. According to the agreement, "The Walmart MoneyCard may only be used for personal, family or household purposes." You can use your prepaid debit card for the following transactions:

• Make purchases everywhere a Visa or MasterCard debit card is accepted
• Receive cash back from merchants
• Withdraw cash from an ATM

You cannot use this card for illegal purchases (which makes sense) or internet gambling.

Walmart isn't a billion-dollar corporation for nothing; it definitely know how to keep you close and your money closer. At first glance, there seems to be a great list of ways for you to load your prepaid debit card with money. Upon closer look, we see that three of the six loading options must be done at Walmart, including:

Cash – At thousands of participating locations across the U.S., you can swipe your prepaid card at any register to load money. You must load a minimum of $20 each time and can only load a maximum of $1,100. You will also pay a $3 fee each time you load money onto the debit card.

Check – You can cash your payroll or government check at Walmart and then load your prepaid card with the money. Again, you must load a minimum of $20 each time. If you load money from a check that you cashed at Walmart onto your card, you can load up to $2,999, as the maximum amount that you can have on the card at any time is $3,000.

MoneyCenter – Participating Walmart stores have a MoneyCenter Express at the front of the store. This express station looks like an ATM, but it lets you do so much more. Not only can you withdrawal money, but you can also add money to your prepaid debit card, purchase money orders and more. You will be charged a $3 fee to load money onto your card using this option.

Besides the Walmart options, you can also have your employer deposit your paycheck directly into your MoneyCard prepaid card account. You can also transfer money from your bank or credit union. There are no reload fees for these options. If neither of these options is available to you, you can purchase a Green Dot MoneyPak cash reload card. Many retailers will charge you up to $4.95 for one of these cards.

Note: You cannot withdrawal more than $400 in cash from an ATM each day, and you cannot purchase more than $3,000 worth of goods and services in a 24-hour period. This $3,000 limit includes cash back.

If you have questions, concerns, technical questions or need to report a lost or stolen card, you can call the customer service phone number. For email support, you will click on a link on the Contact Us page on the Walmart Cardholder website that will take you to a form that you can fill out.

For general questions, you can visit the FAQs page, contains answers to many questions. The answers vary between detailed and vague.