Disclosure: We get a commission for links on the blog. You don’t have to use our links, but we’re very grateful when you do. American Express, Barclaycard, Capital One, Chase, Citibank and US Bank are Million Mile Secrets advertising partners. Opinions expressed here are the author's alone, and have not been reviewed, approved or endorsed by our partners. Here’s our Advertiser Disclosure.
For folks using Bluebird, there are 3 new changes you should know. Two of the changes are good!
Getting Cash Faster for Less From Bluebird
Link: How to use Bluebird
Bluebird from American Express is a way to deposit money, pay bills and make purchases without a traditional bank. But many folks in our hobby also use it to help pay bills which you otherwise can’t pay with a credit card.
You can buy prepaid Visa or MasterCard debit cards from places like Staples or Simon Malls with your credit card. Then you load those debit cards onto your Bluebird at Walmart. See this post for details.
Then you can use the money in your Bluebird account to pay your credit card bills, send a check to your landlord, etc. Or you can withdraw the money from an ATM.
I received an email today from Bluebird with changes to the ATM fees.
First the bad news:
Withdrawing cash from out-of-network ATMs will increase 50 cents to $2.50 beginning October 30, 2014.
Now the good news:
It’s now free to get cash from your Bluebird at in-network MoneyPass ATMs. You can find your nearest MoneyPass ATM here. It might even be in the Walmart where you load your Bluebird.
(Previously you had to have direct deposits to your Bluebird to get free withdrawals.)
While you’re still limited to withdrawing $2,000 per month, you can now take out as much as $750 per day.
So for folks who aren’t only using Bluebird to pay credit card bills and sending checks, it’s now easier to get cash.
Loading Bluebird with prepaid Visa and MasterCard debit cards purchased via credit card is 1 of my 40+ ways to meet minimum spending requirements. You can use your Bluebird to pay bills (such as your credit cards), send checks, and to withdraw cash at ATMs.
Bluebird now charges $2.50 for withdrawing cash at out-of-network ATMs. But it has increased the daily withdrawal limit to $750 per day until you reach the $2,000 per month maximum.
And it’s now free to withdraw cash at in-network MoneyPass ATMs.