So who's heard of this? A bank account. I'm curious to see how many people think that this is a WalMart bank account. Just curious to see for real.
I already have this set up and it's nice.
I already have this set up and it's nice.
What's the point of these prepaid debit cards? I just don't get it....
Actually, the card isn't just a prepaid card. American Express already has one of those.
The Bluebird AMEX card is a debit card that is tied to the bank account.
Why not just have a debit card from that bank??
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I have most of my money in a credit union BUT they aren't as wide spread as most commercial banks. I keep a BofA account purely for the ATM access. It'd be nice to get rid of BofA if I knew I could get an account where I could have ATM access in more places. That is why bluebird sounds interesting, but I'd prefer if it was Target, I go into Target way too often.
I called Amex to advise that I have the printed reciept declining this, they said they would run an investigation. It's been 4 days, no response from Amex. I urge anyone needing a prepaid unbank card to STAY CLEAR OF THIS ONE!
USAA > Everyting
This, I've had them for car insurance for years, and would have them for my main banking operations if there were a branch that was closer than an hour away.
I've tried out this "BlueBird" card, and it's just more trouble than it's worth if you ask me. Loaded it once, once it ran out... no real incentive over my current bank to keep using it.
There's really two reasons I can think of for anyone wanting a Bluebird or similar paycard:
There's really two reasons I can think of for anyone wanting a Bluebird or similar paycard:
(1) Your financial/credit history is so awful you're un-bankable, which I still don't know how this is possible. I'm sure some credit union would accept you.
(2) You have a garnishment you're looking to avoid paying. If you have a bank account, that's easy for creditors to find. If you have one of these cards, it'll take some time (2-4 weeks minimum) to find you after you start a new job and then it all depends on what sort of debt it is and if they can even compel your employer to withhold. Obviously if it's something federal/state (child support, taxes), you're screwed after they find you, but I bet you can avoid other debts easily.
[doublepost=1499229634][/doublepost]bluebird is a good account but has limits. keeps you from overdrafting account, best way to use is direct deposit or deposit cash at wal mart free, can get 1000's of atm ie us bank no fee but amex will charge you a 2.50 fee but no bank atm fee.Actually, the card isn't just a prepaid card. American Express already has one of those. The Bluebird Amex card is a debit card that is tied to the bank account.
[doublepost=1499230898][/doublepost]There's really two reasons I can think of for anyone wanting a Bluebird or similar paycard:
(1) Your financial/credit history is so awful you're un-bankable, which I still don't know how this is possible. I'm sure some credit union would accept you.
(2) You have a garnishment you're looking to avoid paying. If you have a bank account, that's easy for creditors to find. If you have one of these cards, it'll take some time (2-4 weeks minimum) to find you after you start a new job and then it all depends on what sort of debt it is and if they can even compel your employer to withhold. Obviously if it's something federal/state (child support, taxes), you're screwed after they find you, but I bet you can avoid other debts easily.[/QUOTE
There's really two reasons I can think of for anyone wanting a Bluebird or similar paycard:
(1) Your financial/credit history is so awful you're un-bankable, which I still don't know how this is possible. I'm sure some credit union would accept you.
(2) You have a garnishment you're looking to avoid paying. If you have a bank account, that's easy for creditors to find. If you have one of these cards, it'll take some time (2-4 weeks minimum) to find you after you start a new job and then it all depends on what sort of debt it is and if they can even compel your employer to withhold. Obviously if it's something federal/state (child support, taxes), you're screwed after they find you, but I bet you can avoid other debts easily.
you have brought up some valid points but nowadays there is more to opening up a bank account then having money to deposit. The bluebird actually offers more then you think 1 you have amex buyers assurance, 2 amex autoclub breakdown will cost 50 bucks for service, 3 offers many discounts from alot of amex's retailers and cash kickbacks on some purchase 4 have access to your money through amex atm networks worldwide (including banks ie us bank, wal mart etc.
Well, here is something kind of Scarry! I had funds deposited into my bluebird account and attempted to withdraw at walmart. I first attempted to withdraw $300.00 with success. The system said their was a $1.50 fee associated with the withdraw, this was not the case and American Express took care of this automatically. I tried to take out another $200.00 directly after (With the bluebird card, you can take out a total of $500.00 per day). I was declined because it attempted to charge me that $1.50 again which would have made it $501.50. I went to look at my statement and found that Amex took out the $200.00 thinking I withdrew that money. I called Amex to advise that I have the printed reciept declining this, they said they would run an investigation. It's been 4 days, no response from Amex. I urge anyone needing a prepaid unbank card to STAY CLEAR OF THIS ONE!
I have most of my money in a credit union BUT they aren't as wide spread as most commercial banks. I keep a BofA account purely for the ATM access. It'd be nice to get rid of BofA if I knew I could get an account where I could have ATM access in more places. That is why bluebird sounds interesting, but I'd prefer if it was Target, I go into Target way too often.