Sunday, September 28, 2014

WalMart to CoBrand and Market GoBank with Checks

The new Walmart productwill be the first full-blown, off-the-shelf checking account. Walmart and Green Dot will forgo Chex Systems which many banks use to vet potential customers to allow almost any consumer who passes an identification check to open an account in minutes, according to Green Dot.

The cost will be $8.95 a month but those with direct deposit and more than $500 a month in deposits won't see any fee. 

GoBank Fixes Allpoint Charges

In the first year of having GoBank they used to charge me regularly when I used the Allpoint ATMs which were free as part of the service.  So I'd get the Allpoint charge plus the GoBank charge totaling $4.50 usually.

They have solved that issue so those ATM's are free of charge which is part of the GoBank deal.

Nice to have those to use without worrying about checking for charges and having to call.

Thursday, September 18, 2014

Amex Serve Raises Daily ATM Withdrawal Limit to $750

However with the monthly limit unchanged at $2,000 someone risks the chances that at some point they will have no ability to withdraw cash at an ATM.

Hello XXXXX,

We are writing to inform you of some changes to the terms and conditions of your American Express Serve® Account. Please review the changes below and share them with any Subaccount users:

Out-of-Network ATM Fees:

Beginning October 30, 2014, the out-of-network ATM withdrawal fee for your Serve Card will increase from $2.00 to $2.50. ATM operator fees may also apply.

You can still enjoy free ATM withdrawals when using an in-network MoneyPass® ATM. You can find one of the more than 24,000 MoneyPass ATMs below.

ATM Withdrawal Limits Increase:

We have increased your daily ATM limit, so you can withdraw up to $750 per day. Your monthly ATM withdrawal limit will remain at $2,000.