rampartmovie

If MVD cards work for this Bill pay for Chase cards then it could be a great hassle free unloading of MVD, no BB, no need of MO, and no need to deal with cashiers. But alas, there is a $2 fees, worth it for minimum spend not for MS?

I would also like to know if anyone is still actively doing this?

BussingIt

OV works for this. You can pay Amex and WF. You're welcome.

flyertalkingallday

double post

flyertalkingallday

Would definitely be useful to those who cannot find a store that allows them to unload OVs.

youngmoneyhack

No split transactions is a bummer. Makes it 4x+ the cost of a $2000 WM BP...

uncommonsensical

actually, 5x. pity, as i REALLY need a way to pay Amex from VGC's in a way that doesn't involve VGC->MO->depositing money orders.

raccah

The fee is not really the issue as much as attempting to scale this and make 40 500 dollar payments to Amex and not expect some backlash. Great idea poor scale, pass

ericdabbs

If you are able to pay the $2 fee for every $1K with 1 DC then its not too bad especially since WM doesn't allow Amex BP anymore. It really only makes sense for folks who don't live near a WM who want another BP option after maxing out BB/Serve OR if they want to pay Amex CCs which isn't allowed anymore at WM. Otherwise it doesn't make much sense unless its one of those folks that detests WM so much that they are willing to try another option just to not have to step into a WM.

unkinected

Yea.. I have 18 trillion 7-11s around me, all within a few minutes. WM is a bit more of a trek (not to mention dealing with crowds). Paying $2 to save 15-30 minutes of time might be worth it for me.

ericdabbs

I am definitely going to be trying this out especially if this is a good method to dump my Tmobile card funds and need to pay my Amex CC. Between WM's $1.88 BP fee and the Citibank ATM $2 BP fee the difference is really negligible. The downside is that you are capped at $1K for $2 BP fee while WM you can do about $2K for $1.88 BP fee. Not going to stress it that much if it means I can pay Amex cards.

raccah

ericdabbs - are you saying multiple small payments is not much of an issue for Amex - or are you not pounding the amex hard?? I though multiple payments to a CC provider is a clear no no!!

ericdabbs

Who said that? I personally don't pay off my balance as soon as transactions hit but some do to keep their balance at 0 as much as they can. I try not to make a ton of BP transactions but rather in larger amounts at a time. Obviously this 7-11 ATM makes the most sense if you are able to pay the full $1K with 1 DC and not via a bunch of $500 VGCs not only for keeping fees lowered but just number of transactions. I don't see why it would be such a problem with Amex only? Chase, Citibank, BoA, WFC, Barclays would all still have the same concerns as Amex if this were truly the case.

When you say paying multiple payments are you saying if your bill is $15K for the month that you make 1 $15K payment to your CC? Of course not, nobody has if you do any MS. Technically if you have a couple BB/Serve cards for BP or just doing WM BP you are already making "multiple payments" to the same CC provider since you are not just cutting a 1 time $15K payment to your CC. I don't pound my Amex card as hard as some others do in here but its in the 5 figures. It is expected to make "multiple payments" to the same CC especially if you do most of your MS on 1 CC.

I think you are reading into too many fear mongering stories. That is not to say that showing a bunch of $500 payments is nothing to brush off but if you are telling me showing a bunch of $1998 payments is any different then you are just kidding yourself.

brero

I already make at least 5-6 payments/month to my Amex from different billpay websites/areas (bb, hrb, etc). None are as small as $1K, but I don't think it would draw any attention unless someone was actually manually reviewing the account.

edit: Just wondering if it makes a difference if you do them all in the same day or different days ....

raccah

Agreed - I make a few small-ish payments a month, but they all exceed 2K or so. I was talking about making all 1K or less sized payments - could sound iffy, if you are doing 5 digits of any size.

David

beachmiles

Diversification is the key.
the more tools in my belt , the stronger I am at my Craft. this is a good Amex tool.