This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. What is written in the article is the editor's opinion.
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.
BEST Current Credit Card Deals
- Chase Sapphire Preferred - 50,000 Ultimate Rewards points - Why this is the best card to start with.
- Chase Ink Cash - $500 CASH! (50,000 Chase Ultimate Rewards points) - Useful 5X for phones and office supplies and NO annual fee! COMPARE HERE.
- Blue Business Plus Amex - 10,000 Amex Membership Rewards points - The BEST card for 2X on everyday spending.
- Discover it® Cashback Match™ Card - $50 after 1st purchase within 3 months of account opening - Earn $600 cashback the 1st year.