We first caught wind of the Google Wallet card late last year, only to learn in May of 2013 that the project had been scraped altogether – or so we thought. Clear out of the blue, Google has now officially unveiled the Google Wallet card!
So what exactly does the Wallet card do? The card gives you the ability to make Wallet balance purchases and withdrawals at banks, ATMs and any business that accepts MasterCard debit. That’s about it. At least for now, the Wallet card doesn’t appear to have the ability to pull funds directly from debit or credit cards linked to the Wallet, though this could change in time.
The Google Wallet card probably isn’t for everyone, but it could still be useful for those that regularly use Google Wallet to store funds and as an alternative payment method for the many stores that don’t expect NFC-based payments. The card could also come in handy for those that want to give kids access to funds, while limiting the amount of funds available.
It’s also worth noting that the Google Wallet card has the advantage of being absolutely free, except for maybe the fees charged by individual ATMs and banks. This includes no activation fee, usage fee and even the shipping is without cost. The only limitation to the card is that it can only pull up to $5000 per day, though that probably shouldn’t be a problem for most folks using the card.
To learn more about the card, or to request one, you’ll want to head over to Google Wallet’s website. The card is estimated to arrive in 10-12 days. What do you think, is the Google Wallet card worth having or not?