Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Always a good feeling to wake up to an extra $50 when you don’t expect it. Last week, I talked about my experience getting the Amex Serve card after ditching Bluebird. I’m currently testing out different banks to see if they charge cash advance fees + give me points for using credit cards. So far, I’ve confirmed US Bank does not charge any fees and they already posted my Club Carlson points.
Serve’s $50 Bonus Promo
Right now and until the end of June, Serve is running a promo that gives $50 for two direct deposits of $250 or more. The questions in mind when I saw this were:
- Does Amazon Payments count as direct deposit?
- When will the bonus post?
Bluebird generates a monthly statement like any other bank account. I thought maybe Serve would do the same thing and post the bonus at the end of a statement cycle, that is, if Amazon Payments counted at all.
I can confirm that Amazon Payments does indeed work as direct deposit AND that the bonus posts as soon as the second direct deposit clears.
I loaded $1,000 to Amazon Payments after getting in on the recent (and current!) 6.6% cashback at the Arrival portal. It’s a great way to generate some points and liquidate Amex gift cards. In fact, I just ordered a second round.
From there, I sent over two direct deposits of $250 to my Serve account simultaneously.
This morning, all the cash was in the account with the bonus $50. Can’t beat that!
If you’re at all interested in getting a Serve account, I highly recommend signing up using this promo link and scoring an extra $50 for doing so.
Serve is a great complement to the points and miles world if you’re far from a Walmart and can’t load up Bluebird at CVS any more. Or if Walmart stops accepting gift cards for Bluebird reloads. (There have been reports that this might be starting to happen.) $1,000 a month is the credit card load limit (on the non-Isis version) for Serve accounts. It isn’t much, but it’s enough to pay a few bills and still get some points rolling in. Every little bit helps. It really does! – I did some quick math on this post.* If you liked this post, consider signing up to receive free blog posts in an RSS reader and you’ll never miss an update! And thanks for using my links to apply for new card offers!
Out and Out has partnered with CardRatings for our coverage of credit card products. Out and Out and CardRatings may receive a commission from card issuers.
- Chase Ink Business Preferred - Earn 80,000 Chase Ultimate Rewards points and 3X bonus points for travel, internet, cable, and phone service
- Chase Sapphire Preferred - Earn 60,000 Chase points with the BEST card for beginners
- Amex Blue Business Plus - Earn 10,000 Amex Membership Rewards points and 2X bonus points on up to $50,000 in spending per year with NO annual fee
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.