Originally Posted by
ne0ven0m
Thinking about dipping my feet in with Serve. Gonna get a GreenCard for free loads at FD/DG. The fee is fine since I don't live in one of the excluded states, it's basically the equivalent of buying a handful of MOs.
1. If I keep low volume low, like around $2-3k most per month, is there any reason to cycle through multiple Serve cards? It seems like there hasn't been much talk of shutdowns since Amex handed over Serve to another company?
2. I don't mind the monthly fee, but does it actually get waived if I balance to zero before each statement cuts? Seems like a great loophole to exploit, but I couldn't find anything on the official Serve page about waived fees.
1. I have a Serve and a Bluebird that I have maxed out $5K a month for over two years now and haven't any problems with shut downs. I only Bill Pay the money out though. I never transfer it to a bank account or take it out at an ATM.
2. Yes the fee gets waived if you don't have a balance on the account. Some months I have a balance and the fee gets taken out, some months I don't. I've never tried to drain the account in order to save on the fee as I don't mind paying the fee for the convenience the product provides me and I make more than enough MSing to cover the costs.