It was only a matter of time before Walmart rolled out something more competitive. It's also only a matter of time before Walmart starts some type of rewards program.
https://www.walmartmoneycard.com/walmart/account/legal-info-page?doc=feeplan&productname=preferred
$6 to purchase
$3 monthly service fee - waived with either direct deposit or $500 loaded during the month.
Free cash reloads
Early direct deposit when employer gives notice
Showing posts with label Rush Card. Show all posts
Showing posts with label Rush Card. Show all posts
Thursday, October 31, 2013
Tuesday, October 15, 2013
Walgreens New Prepaid will Include Check Cashing
I'm betting $3 to cash a check and deposit onto the card - being able to keep $100 cash at that time.
If you don't have direct deposit and you are a frequent Walgreen's shopper this could be a very good card.
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Check cashing for Balance Financial cardholders in the initial 250 Walgreens stores. Cardholders will be able to deposit payroll, tax refund and government benefit checks and can receive from a Walgreens cashier up to $100 in cash from their card account. Additional cash can be accessed without a fee at a Walgreens ATM.
When you activate your Balance™ Financial MasterCard, your Balance® Rewards account can be linked to your card account. Once cards are linked, your Balance Financial MasterCard also becomes your Balance® Rewards Card. Then, just use your Balance Financial MasterCard and watch the points really add up:1
Get 10 points for every $1 spent at Walgreens or Duane Reade stores.
Get 100 points every time you reload in store.
Get 1,000 points when your first direct deposit is made. Then, get 250 points for each month a direct deposit is received.
If you don't have direct deposit and you are a frequent Walgreen's shopper this could be a very good card.
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Check cashing for Balance Financial cardholders in the initial 250 Walgreens stores. Cardholders will be able to deposit payroll, tax refund and government benefit checks and can receive from a Walgreens cashier up to $100 in cash from their card account. Additional cash can be accessed without a fee at a Walgreens ATM.
When you activate your Balance™ Financial MasterCard, your Balance® Rewards account can be linked to your card account. Once cards are linked, your Balance Financial MasterCard also becomes your Balance® Rewards Card. Then, just use your Balance Financial MasterCard and watch the points really add up:1
Get 10 points for every $1 spent at Walgreens or Duane Reade stores.
Get 100 points every time you reload in store.
Get 1,000 points when your first direct deposit is made. Then, get 250 points for each month a direct deposit is received.
Thursday, October 10, 2013
US Bank Contour Card
It's $4 to get the card and $4 a month to maintain it.
https://usbankcontour.com/personal-preset
The cards are available in different colors and you can have up to 5 sub accounts which also cost $4 to order but no monthly fees for sub accounts.
This card or one of the sub accounts can be loaded with a credit card, a debit card, by cash at any US Bank (free) or via Visa Readylink ($4-$5).
https://usbankcontour.com/fees
Pretty good limits on usage. $10,000 total cap, $5,000 daily spending limit and a $1,000 daily ATM withdrawal limit.
If US Bank was on the East coast I'd be getting one of these myself.
Tuesday, October 8, 2013
American Express Brings Free Cash Reloads to Serve Card
Amex brings a lot of new features to Serve, the best being free cash reloads. There is now a $1 monthly fee that is waived when you have direct deposit or deposit $500 in a month.
Free cash deposits at CVS and 7-Eleven stores nationwide along with free MoneyPass ATMs, free BillPay and no fees is very compelling. This is a real threat to US Banks.
I was surprised to learn that the 'Learnvest' service is a paid service other than through Serve/American Express.
Serve did have 'English as a first language' customer service and I believe the $1 waivable fee is to generate some extra revenue to keep a higher level of customer service. BlueBird customer service (unless its changed which I doubt) was horrendous.
Free Cash Load Network: Starting this November, American Express Serve customers will be able to take cash to the register at more than 14,000 participating CVS/pharmacy and 7-Eleven stores and add it to their American Express Serve Account. This is made possible through a relationship with InComm and its Vanilla Reload Network.
Direct Deposit: Serve customers can add their paycheck or government disbursements directly into their Account through Serve.com.
Mobile Check Capture: Later this year, customers will be able to use their smartphone camera to snap a photo of a check and add it directly into their Account using the Serve mobile app.
LearnVest Partnership: LearnVest, a company aimed at making educational financial content accessible to everyone, will provide information designed to help customers set and achieve financial goals and save money. This free educational financial information will be integrated throughout the Serve.com experience.
Reserve: Customers can easily move funds with one time or recurring payments from their Serve Account to a linked Reserve to put money away – and keep it away – for future purchases like a vacation, holiday gifts, or for emergency funds.
Bill Pay: With electronic bill pay customers can pay any bill online using Serve.com and the Serve mobile app.
Free Withdrawals at MoneyPass® ATMs in the U.S.: American Express Serve customers can now withdraw money for free at more than 22,000 MoneyPass® ATMs nationwide. For the closest MoneyPass® ATM location, customers can visit: https://www.serve.com/manage-money/#/atm-access
American Express Serve is now available online at www.serve.com and will be available at select CVS/pharmacy, Family Dollar, Office Depot, Walgreens and Duane Reade stores in the U.S. this fall for a one-time purchase price of $2.95.
Free cash deposits at CVS and 7-Eleven stores nationwide along with free MoneyPass ATMs, free BillPay and no fees is very compelling. This is a real threat to US Banks.
I was surprised to learn that the 'Learnvest' service is a paid service other than through Serve/American Express.
Serve did have 'English as a first language' customer service and I believe the $1 waivable fee is to generate some extra revenue to keep a higher level of customer service. BlueBird customer service (unless its changed which I doubt) was horrendous.
Free Cash Load Network: Starting this November, American Express Serve customers will be able to take cash to the register at more than 14,000 participating CVS/pharmacy and 7-Eleven stores and add it to their American Express Serve Account. This is made possible through a relationship with InComm and its Vanilla Reload Network.
Direct Deposit: Serve customers can add their paycheck or government disbursements directly into their Account through Serve.com.
Mobile Check Capture: Later this year, customers will be able to use their smartphone camera to snap a photo of a check and add it directly into their Account using the Serve mobile app.
LearnVest Partnership: LearnVest, a company aimed at making educational financial content accessible to everyone, will provide information designed to help customers set and achieve financial goals and save money. This free educational financial information will be integrated throughout the Serve.com experience.
Reserve: Customers can easily move funds with one time or recurring payments from their Serve Account to a linked Reserve to put money away – and keep it away – for future purchases like a vacation, holiday gifts, or for emergency funds.
Bill Pay: With electronic bill pay customers can pay any bill online using Serve.com and the Serve mobile app.
Free Withdrawals at MoneyPass® ATMs in the U.S.: American Express Serve customers can now withdraw money for free at more than 22,000 MoneyPass® ATMs nationwide. For the closest MoneyPass® ATM location, customers can visit: https://www.serve.com/manage-money/#/atm-access
American Express Serve is now available online at www.serve.com and will be available at select CVS/pharmacy, Family Dollar, Office Depot, Walgreens and Duane Reade stores in the U.S. this fall for a one-time purchase price of $2.95.
Monday, October 7, 2013
Balance Financial Mastercard by Walgreens
"Balance Financial Prepaid MasterCard" from Walgreen's/Duane Reade.
https://balancefinancial.walgreens.com
Balance Financial is currently offered to customers of more than 250 Walgreen's locations in Detroit, Milwaukee and Nashville, with a nationwide card roll out expected before year end and additional financial services in 2014
Has some fees which for the most part can be avoided.
No monthly fee when $1,000 a month is loaded - $2.95 a month otherwise.
Free ATM withdrawals at participating Walgreen/Duane Reade ATM's - no explanation of what that means though.
Bill Pay is 95 cents. They mention an expedited Bill Pay also.
Cash reload at Walgreen's/Duane Reade stores is $2.95.
Daily spend limit of $2,500.
Daily withdrawal limit of $500.
This already has IPhone and Android apps.
It sounds as though they will have special kiosks in stores just for this card.
Apparently Walgreen will begin cashing checks as part of this offering. Maybe they already do in some locations. Probably using Certegy just as Walmart does.
https://balancefinancial.walgreens.com/content/part/nm/MDAxNkUPFfRrPxlbiTCbXhdkw7gK
There is a 'rewards' aspect of this deal that combines Walgreen's purchase, prescriptions and some social/health through their 'Balance' reward program. It looks like every 1,000 points is worth one dollar at Walgreens. If you are a frequent Walgreens shopper this may be for you. Their prescription sales though are more expensive than Walmart by far.
My advice to Walgreen's is to either eliminate the cash deposit charge or lower it to $1.
https://balancefinancial.walgreens.com
Balance Financial is currently offered to customers of more than 250 Walgreen's locations in Detroit, Milwaukee and Nashville, with a nationwide card roll out expected before year end and additional financial services in 2014
Has some fees which for the most part can be avoided.
No monthly fee when $1,000 a month is loaded - $2.95 a month otherwise.
Free ATM withdrawals at participating Walgreen/Duane Reade ATM's - no explanation of what that means though.
Bill Pay is 95 cents. They mention an expedited Bill Pay also.
Cash reload at Walgreen's/Duane Reade stores is $2.95.
Daily spend limit of $2,500.
Daily withdrawal limit of $500.
This already has IPhone and Android apps.
It sounds as though they will have special kiosks in stores just for this card.
Apparently Walgreen will begin cashing checks as part of this offering. Maybe they already do in some locations. Probably using Certegy just as Walmart does.
https://balancefinancial.walgreens.com/content/part/nm/MDAxNkUPFfRrPxlbiTCbXhdkw7gK
There is a 'rewards' aspect of this deal that combines Walgreen's purchase, prescriptions and some social/health through their 'Balance' reward program. It looks like every 1,000 points is worth one dollar at Walgreens. If you are a frequent Walgreens shopper this may be for you. Their prescription sales though are more expensive than Walmart by far.
My advice to Walgreen's is to either eliminate the cash deposit charge or lower it to $1.
Wednesday, September 25, 2013
ObamaCare Mandates a Debit or Credit Card
To those that have no type of bank card, in order to receive Obamacare benefits you MUST have a debit or credit card.
Read the details here:
http://www.businessweek.com/articles/2013-08-29/pre-paid-debit-cards-accepted-anywhere-obamacare-is-available
Read the details here:
http://www.businessweek.com/articles/2013-08-29/pre-paid-debit-cards-accepted-anywhere-obamacare-is-available
Tuesday, September 24, 2013
PayPal Making Moves Towards Becoming a Bank
PayPal has been acquiring companies with what looks like an eye to becoming a full service financial company. They just bought Braintree Systems which is a card transaction processor.
This is the same thing Greendot did before they bought a small bank.
PayPal just needs a small bank to complete the change.
This is the same thing Greendot did before they bought a small bank.
PayPal just needs a small bank to complete the change.
Tuesday, September 17, 2013
Webster Bank Prepaid Visa
The first area Bank in Rhode Island and southeast Massachusetts to come out with a prepaid Banking card.
Not the cheapest though. $3 a month, $3 to reload at Webster Bank. Free Webster ATM use - $500 daily withdrawal limit. Only 1 free account alert to your phone 25 cents per after that. $2,000 daily spending limit. $3,000 limit maximum on deposit.
The funds availability is more than a little shaky with them saying funds from cash deposits will be available the 'same day'. Card reloads are always available within minutes of a cash deposit in my experience.
https://www.websteronline.com/resources/pdf/personal/FIS_Terms_Conditions.pdf
https://www.websteronline.com/resources/pdf/personal/FIS_FAQ.pdf
Not the cheapest though. $3 a month, $3 to reload at Webster Bank. Free Webster ATM use - $500 daily withdrawal limit. Only 1 free account alert to your phone 25 cents per after that. $2,000 daily spending limit. $3,000 limit maximum on deposit.
The funds availability is more than a little shaky with them saying funds from cash deposits will be available the 'same day'. Card reloads are always available within minutes of a cash deposit in my experience.
https://www.websteronline.com/resources/pdf/personal/FIS_Terms_Conditions.pdf
https://www.websteronline.com/resources/pdf/personal/FIS_FAQ.pdf
Tuesday, June 25, 2013
GoBank Open to Everyone
This is the best prepaid hands down.
Free cash deposits at any Walmart. Free ATM use - MoneyPass or Cardtronics.
https://www.gobank.com/signup/signup
Free cash deposits at any Walmart. Free ATM use - MoneyPass or Cardtronics.
https://www.gobank.com/signup/signup
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