Originally Posted by
styxfire
May I ask why you don't want to cycle 10,000s thru your checking account but you were willing to do that through your Bluebird account?
What makes a checking account so virginal that you don't want to MS with it, even though you were willing to MS with your Bluebird account? They are the same thing... they are simple bank accounts. Both are tied to your SSN.
Just curious why you'd see them differently.
Very simple: people had been using BB that way for a number of years, and until yesterday there were no reported problems with it. There have been reports over time of banks becoming upset when people cycled thousands of $ of MOs thru their checking accounts, as it can easily appear to be money laundering. Plus the worst thing likely to happen with BB was a shut down of BB, whereas the worst case scenario with a major bank is being blacklisted from doing business with them.