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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!
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- Track your net worth with Personal Capital. Get a $20 Amazon gift card when you link an investment account
- Start a blog and learn how to monetize it
- Get a travel rewards card to earn points or miles
- Open a SoFi Money account to distribute your funds and get a $75 bonus - it's the best checking account out there right now (here's my review)
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