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I finally finished cashing out my one 3k amex card. Spread out the transactions in $200 increments pushed to my husband's and sister's accounts.
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Originally Posted by diseased
(Post 28389339)
I finally finished cashing out my one 3k amex card. Spread out the transactions in $200 increments pushed to my husband's and sister's accounts.
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Originally Posted by spencenaz
(Post 28388592)
I have been using Venmo to transfer large amounts of money to my wife for a while now. She still uses a CU from her hometown because we get an awesome interest rate (2.4%) and get great monthly dividends. I transferred 2999.99 a few times to her account to maximize the dividends from her CU. My first attempt at MS I bought a MCGC from a Kroger store, and after the MO was declined at the PO, I put the card into my Venmo to send to my wife, and it went through just fine. I haven't had any issues with using Venmo, but I won't use it for MS because of the card limit.
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For Ink Cash, Venmo only codes as 1x, right? I know that CIP gets the 3x bonus for Venmo, but I assume Venmo doesn't hit a bonus category for Ink Cash.
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Originally Posted by sungchiahao
(Post 28393726)
Did Venmo charge the 3% fee for the MCGC?
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Originally Posted by spencenaz
(Post 28403100)
Not that I know of. My wife got the full amount on her account.
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I just got a fresh BoA Alaska business card. I tried to add it to Venmo and it errored out saying I could not add it. I called Venmo, and the guy could see the add attempt. His explanation was that the "card is not compatible" with Venmo and was blocked. I got a new Arrival+ card, and it added just fine.
Any known issues with BoA Alaska biz cards and Venmo? Seems quite odd. The exact error is "sorry, we cannot process that card at the moment." |
Trying to reach a minimum spend, I bought a 1k Amex gift card from the amex online store. Loaded it onto my Venmo account and sent $999.99 to my wife. She promptly unloaded it and sent it to our bank account and it is showing in our bank account today. No 3% or other fees and very simple. I use Venmo 3-4 times a month for the past couple years if that means anything.
I bought another 1k gift card to hit the minimum spend on another card and that will arrive today. Might do the same thing or instead have my wife load it on her venmo account and send it to me. |
Originally Posted by seattlewhite
(Post 28422468)
Trying to reach a minimum spend, I bought a 1k Amex gift card from the amex online store. Loaded it onto my Venmo account and sent $999.99 to my wife. She promptly unloaded it and sent it to our bank account and it is showing in our bank account today. No 3% or other fees and very simple. I use Venmo 3-4 times a month for the past couple years if that means anything.
I bought another 1k gift card to hit the minimum spend on another card and that will arrive today. Might do the same thing or instead have my wife load it on her venmo account and send it to me. |
update: problem solved
question: What's the easiest/fastest way to register AGC? |
Originally Posted by cpnyc
(Post 28422682)
are both verified accounts?
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Originally Posted by seattlewhite
(Post 28442674)
How do you check if it is verified? I've never done anything except just use it pretty regularly
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Sorry if this seems silly. Am I missing something from this scenario?
I bought 3k AGC and sent to my SO (both verified) She bought a 3k AGC this week and I was thinking of loading onto my venmo and sending it to her so it just looks like I'm the only one sending funds. Any issues I'm not thinking about? |
Originally Posted by cpnyc
(Post 28443492)
not sure how you check, but they ask for the last 4 digits of your ssn to verfiy your identity if you send >$300 per rolling week, or transfer >$1,000 to your bank account per week.
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Originally Posted by diseased
(Post 28389339)
I finally finished cashing out my one 3k amex card. Spread out the transactions in $200 increments pushed to my husband's and sister's accounts.
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