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Old Oct 26, 2012, 11:08 AM   #1
sk1wbw
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American Express Bluebird

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.
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Old Oct 26, 2012, 11:10 AM   #2
leenak
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So they plan to have branches only in Walmart?
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Old Oct 26, 2012, 11:44 AM   #3
sk1wbw
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Not that I've heard, just atm machines. WalMart already has its own poor excuse for a "bank". I've not heard anything good about it from any single source.
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Old Oct 26, 2012, 12:15 PM   #4
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I've seen it advertised in Walmart. I do my banking through a credit union so I really have no interest in it. I assume the advantage is lower fees, however most credit unions offer free checking without much, if any hoops and other banks offer free checking with direct deposit of your paycheck.
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Old Oct 26, 2012, 03:42 PM   #5
filmbuff
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This is the first time I heard about it but it sounds pretty good to me. I've already got an Amex card and a high-yield savings account with them and I'm very happy with both. It would be nice to have a physical ATM to get cash and a checking style account to use every day. I'm looking for somewhere to move my money out of Wells Fargo because since they bought my old bank (Wachovia) the service has gone down about 200% in quality and they've added all sorts of fees to my simple student checking account.
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Old Oct 26, 2012, 03:48 PM   #6
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What's the point of these prepaid debit cards? I just don't get it....

I'll stick with my credit union. They have awesome service, they offered me the lowest possible rate on my new car - lower than financing through the manufacturer, and I can make fee free withdrawals and deposits at any co-op ATM in the country.

And the best part? They have absolutely nothing to do with the most disgraceful, most evil company in the world, Wal-Mart.
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Old Oct 26, 2012, 03:57 PM   #7
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What's the point of these prepaid debit cards? I just don't get it....
For you, or for them?

For them, they get to use your interest-free money for other things, while it 'sleeps' on your debit card.

Think along the lines of running a credit balance on your AMEX credit card, and you'll get the general idea.

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Old Oct 26, 2012, 04:11 PM   #8
leenak
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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.
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Old Oct 26, 2012, 04:17 PM   #9
sk1wbw
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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.
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Old Oct 26, 2012, 04:34 PM   #10
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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.
That makes even less sense.

Why not just have a debit card from that bank??

Addendum: Never mind. It's about points. Too bad you can't get a discount for the AMEX fee charged to the retailer, for a 'cash' purchase. But AMEX has strong-arm tactics to prevent that.
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Old Oct 26, 2012, 04:38 PM   #11
leenak
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Not that I'd use this as a primary account but I signed up. I need to figure out how to get an additional user on the account before it can really replace my BofA account.

Something slightly disappointing:
Total Account Balance $10,000

That seems like an awfully low account balance to me but it wouldn't be my primary account, just something for ATM use/transfer money to primary account.
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Old Oct 26, 2012, 05:10 PM   #12
sk1wbw
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Why not just have a debit card from that bank??

.
Uh, because American Express IS a bank?
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Old Oct 26, 2012, 07:01 PM   #13
yg17
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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 was with BoA then PNC before moving to a CU and I've found that I have more ATMs I can use because of the coop network.
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Old Dec 25, 2012, 09:56 AM   #14
dren1980
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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!
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Old Dec 25, 2012, 10:16 AM   #15
mobilehaathi
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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!
They'll get back to you. It takes them a while.
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Old Dec 25, 2012, 11:09 AM   #16
ogs123
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I got rid of my BofA checking account since I moved to a town where there aren't any BofA ATM's near. I've had a Charles Schwab checking account for a year now and I'm very happy with them. I can use any ATM and they automatically refund any ATM fees. It's great not having to look for a specific ATM. Charles Schwab also have relatively high checking interest compared to other banks.
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Old Jun 6, 2013, 07:38 PM   #17
dfkETCH76
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Read this before set a bluebird wal mart amex

I recently made a purchase using my Wal Mart Blue Brid Amex card.
I ordered merchandise from dealextream.com for $45.88. To be exact 3 USB to Lighting 3 meter cables, 2 USB to Lightning 10 Meter flat cable. And 30 pin to Lighting adapter.

The cables arrived DOA, I mean DOA! The two 10 Meter lighting Cables connecter literally pulled apart when you removed the cable from the iphone, the same happened with the 3 meter cable. I contacted Dealextream about the products and also to complain that I never received the adapter. They requested pictures and I supplied them, this went on back and forth until I finally had enough. I told Dealextreme if they wanted the garbage back they would need to supply me with a prepaid return tho China, not a word to date.

I contacted Amex Blue Bird to file a dispute, you think you have yore back covered! Right, well you don't have any rights!!!! Amex tells me it will take 10 business days! Amex emailed me 8 days later asking for information, i sent them the complete records of exchanges with dealextreame.com including pictures of the faulty products. It's been 8 days and no word from amex! So today i called, no i''m told it takes 10 weeks for the dispute!!! I now have been out of $45.88, dealextream has since revised the invoice amount to 58.98..

So beware when you fall into this trap, amex treats you like the lowest scum of the earth because this is a pre paid card. Therefore you have no rights. Even visa master card issues a refund in 24 to 48 hours of the dispute. Both pre-paid and debit.

Last edited by maflynn; Jun 7, 2013 at 05:53 AM. Reason: Removed the yelling
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Old Jun 6, 2013, 09:20 PM   #18
HE15MAN
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USAA > Everyting
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Old Jun 7, 2013, 05:47 AM   #19
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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.
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Old Jun 7, 2013, 06:57 AM   #20
HE15MAN
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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.
I am in Florida so have no branches anywhere close. I havent had a need to use a branch ever. Everything I have needed to do I could do on the phone or in their app. What couldnt you do?
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Old Jun 7, 2013, 10:54 AM   #21
sk24iam
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What interest rate does the account pay on balances?
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Old Jun 10, 2013, 09:26 PM   #22
malman89
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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.
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Old Jun 10, 2013, 09:46 PM   #23
filmbuff
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There's really two reasons I can think of for anyone wanting a Bluebird or similar paycard:
Put me down for reason 3: I wanted a second checking account and didn't feel like paying fees to Wells Fargo.
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Old Jun 11, 2013, 05:45 AM   #24
sk1wbw
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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.
This really doesn't make sense because American Express IS a bank. The routing number and account number is listed as an American Express Centurion Bank account.
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