Green Dot and Walmart Expand Walmart MoneyCard Portfolio with a Suite of Prepaid Debit Cards

  Green Dot and Walmart Expand Walmart MoneyCard Portfolio with a Suite of
  Prepaid Debit Cards

          New products developed to address evolving customer needs

Business Wire

PASADENA, Calif. -- October 31, 2013

Green Dot Corporation (NYSE:GDOT) and Walmart today announced they have
expanded the line of Walmart MoneyCard^® reloadable prepaid debit cards to
include six new card types designed to meet the needs of their growing
customer base. Issued by Green Dot, the Walmart prepaid debit card portfolio
now includes nine cards, and is available in more than 4,100 Walmart stores

“This new category of prepaid debit card products represents a thorough
understanding of the customer gained through years of experience in defining
the category with Walmart,” said Steve Streit, CEO of Green Dot Corporation.
“We are thrilled to have the privilege to serve millions of Walmart shoppers
with the largest selection of prepaid debit card accounts, all issued by Green
Dot Bank. Green Dot's corporate mission is to reinvent financial services for
the masses, and this represents yet another step in that direction.”

“We know consumers want a simple way to better manage and control their
everyday finances,” said Daniel Eckert, senior vice president of Walmart
Services. “At Walmart we believe in offering our customers a broad assortment
of products to choose from and financial services is no exception. The
expanded Walmart MoneyCard portfolio offers value, convenience and varying
features to meet the many different needs of our prepaid customers.”

All Walmart MoneyCard^® prepaid debit cards include the following features at
no extra charge:

  *Mobile Web Registration
  *Check Cashing Reloads
  *Account Alerts
  *Gas Discounts
  *Pharmacy Discounts
  *Merchant Funded Offers
  *Purchase Protection / Assurance (Visa and MasterCard)

Walmart MoneyCard Portfolio

Below is in an overview of the Walmart MoneyCard^® portfolio, available on
MasterCard or Visa networks:

  *Walmart MoneyCard^® Basic: Available to purchase for $3, the Basic card is
    designed for the customer who wants a low-cost, basic prepaid debit card
    to use for paying bills, shopping online or safely storing cash.
  *Walmart MoneyCard^® Plus: Available to purchase for $4, the Plus card is
    designed for the more frequent prepaid debit card user who is looking for
    advanced functionality above the Basic card. Those features include a
    waived monthly service fee in any month when more than $1,000 is
    deposited, debit card reloading, free online bill pay, person-to-person
    transfers, and the ability to customize a card with a picture for $4.95.
  *Walmart MoneyCard^® Preferred:  Available to purchase for $6, the
    Preferred card is a  full-service reloadable prepaid account with the
    following functionality above the Plus card: Rapid Payroll Direct Deposit,
    which allows customers receiving recurring direct deposits the ability to
    access their funds early (if their employer provides pre-notice of
    deposit), free Walmart Rapid Reload^™, a waived monthly service fee in any
    month when more than $500 is deposited, an online vault for setting aside
    funds for later use, an online budgeting tool, and the ability to
    customize a card with a picture for free.

Walmart is also expanding their affinity card category on the Walmart
MoneyCard^®  Plus platform to include the following prepaid debit cards for a
$5 purchase price:

  *"Create Your Own" Prepaid Visa Card: Allows customers to personalize a
    card with their own favorite personal photo.
  *NASCAR Prepaid Visa Card: Designed for fans of NASCAR and/or a particular
    NASCAR driver. Customers can choose specific branded cards from Kasey
    Kahne, Danica Patrick, Tony Stewart, Jeff Gordon and Dale Earnhardt, Jr.
  *Visa | NFL Prepaid Card: This card is an affinity branded card designed
    for fans of the NFL. Customers can choose one of 12 NFL teams to be the
    face of their card, with more coming soon.
  *Mossy Oak Prepaid MasterCard: Designed for the outdoorsman who’s looking
    for the same features and benefits from the Walmart MoneyCard^®  with
    special offers throughout the hunting season.

Walmart will also begin to carry other popular branded prepaid debit cards for
a $4.95 purchase price, including:

  *RushCard Live Prepaid Visa Card: Designed to appeal to consumers who value
    the Russell Simmons brand and lifestyle.
  *AARP Foundation Prepaid MasterCard: Designed for customers over 50 years
    of age who value and trust the AARP Foundation, this card provides an easy
    way to electronically receive Federal benefits and offers a savings
    account feature.

All new products are issued by Green Dot Bank, Member FDIC and all are
reloadable at Walmart and retailers nationwide exclusively on the Green Dot
Reload Network. Images and detailed descriptions of the new products and
pricing can be found online at

About Green Dot Corporation

Green Dot Corporation is a technology-centric, pro-consumer Bank Holding
Company with a mission to reinvent personal banking for the masses. The
company is the largest provider of prepaid debit card products and prepaid
card reloading services in the United States, as well as a leader in mobile
banking with its GoBank mobile bank account offering. Green Dot Corporation
products are available to consumers at more than 80,000 retailers nationwide,
online and via the leading app stores. The company is headquartered in
Pasadena, California with its bank subsidiary, Green Dot Bank, located in
Provo, Utah.

About Walmart

Wal-Mart Stores, Inc. (NYSE:WMT) helps people around the world save money and
live better -- anytime and anywhere -- in retail stores, online, and through
their mobile devices. Each week, more than 245 million customers and members
visit our more than 11,000 stores under 69 banners in 27 countries and
e-commerce websites in 10 countries. With fiscal year 2013 sales of
approximately $466 billion, Walmart employs more than 2 million associates
worldwide. Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about Walmart
can be found by visiting, on Facebook at and on Twitter at
Online merchandise sales are available at and


Green Dot Corporation
Brian Ruby, 203-682-8286
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