Wal-Mart Stores Inc., the world’s largest retailer, has been adding financial products for people who don’t have bank accounts. Now it’s targeting those who do.
A prepaid debit card called Bluebird, created through a partnership with American Express Co., will be available in more than 4,000 U.S. Wal-Mart stores and online next week, the Bentonville, Arkansas-based company said yesterday in a statement. Services include direct deposit, automatic bill pay and remote check capture using a smartphone application. The card has no monthly or annual fees, and doesn’t require a minimum balance.