Last edit by: sechs
Please read the wiki before posting a question.
2/25/2015 - Single payment limit raised to $2999 when using credit or debit cards. Maximum payments per calendar month per individual biller account raised from 1 to 4.
2/18/2015 - Beginning next week, certain debit cards from smaller banks, as well as prepaid debit cards and gift cards will be subject to a 3 percent Bill Pay Fee on each payment.
Evolve now accepts Discover, Visa and Mastercard credit cards with 3% fee.
Debit Cards Not Charged the 3% Fee:
Transaction Limits:
http://www.evolvemoney.com/transaction-limits/
Daily dollar limits include:
Individual bill pay dollar limits include:
Monthly payment limits include:
The limits are based on charge date, not payment date.
There are currently no credit cards that can be paid via Evolve.
Tips for Using Evolve
Mortgages Section
Let us know if payments auto apply to principal or if you have to call
Bank of America: After making 4 payments over the weekend you MUST call (or use online banking messaging) to allocate funds to the regular payment - by default it goes to principal.
Central Mortgage: Appears to go to additional principal payment. YMMV
Chase: Payments with JPMorgan have to fall within a ~5-day window in order for them to be unallocated, otherwise they go to principal. Your window depends on the billing date (usually the 1st of the month). If so, the window is until the 5th, so using Evolve, you have to allow for the payment to post and have it post between ~the 1st and the 5th. PITA
Citi: Made two payments near the end of the month and these were originally "unapplied" and labeled as "additional funds received". A day or two afterwards they moved to principal payments. A quick call to Citi had the payments moved from principal to make up my monthly mortgage payment.
Nationstar Mortgage: Payment applied as an "Additional principal payment" if you sent before the 1st of the month. If you pay after the first, the payment is held until you submit the full payment amount, and then the whole thing is applied to your monthly payment.
PNC: Partial payments will be held aside until payment in full is made. They will send a letter.
Provident Funding: Does not accept partial payments. After month's mortgage is paid, accepts Evolve a additional principal payments.
US Bank: Made 4 payments in June; after a couple of days, payments moved from principal payment to applying to monthly payment w/o a call
Wells Fargo: Two $500 payments day 1, One $500 payment day 2 going over the actual mortgage payment amount due. The payment automatically combined itself to pay the exact amount due once the Third hit. Any amount that was overpaid subsequently went towards principal. Nice to not have to send in the Exact amount, if you don't mind paying some extra principal.
"If you have any problems with gift cards please send us an email at support [at] evolvemoney.com" [Source: AlexAtEvolveMoney]
2/25/2015 - Single payment limit raised to $2999 when using credit or debit cards. Maximum payments per calendar month per individual biller account raised from 1 to 4.
2/18/2015 - Beginning next week, certain debit cards from smaller banks, as well as prepaid debit cards and gift cards will be subject to a 3 percent Bill Pay Fee on each payment.
Evolve now accepts Discover, Visa and Mastercard credit cards with 3% fee.
Debit Cards Not Charged the 3% Fee:
- Insert here
- US Bank (but not prepaid)
Transaction Limits:
http://www.evolvemoney.com/transaction-limits/
Daily dollar limits include:
- $2,999.00 in payments funded by a debit card and/or credit card
- $999.00 in payments funded by a cash load pack
Individual bill pay dollar limits include:
- $2999.00 for a single bill funded by a debit card and/or credit card
- $999.00 for a single bill funded by a cash load pack
Monthly payment limits include:
- 4 payments per month using a credit or debit card within the dollar limits listed above.
- Unlimited number of payments per month using a cash load pack within the dollar limits listed above.
- Maximum of $10,000 total payments per month for credit, debit, and cash load packs combined.
The limits are based on charge date, not payment date.
There are currently no credit cards that can be paid via Evolve.
Tips for Using Evolve
- No need to register your debit card
- If your transaction does not go through, you will have to wait for the authorization to fall off your card
- Using multiple Evolve accounts paying the same biller may lead to your biller being permanently blocked
- If using GCs with the new scheduling feature, it is important to schedule in such a way that it says your card will be charged today (not on a future date) to prevent a decline; and if you want to avoid the Express Pay fee this also means typically scheduling a few days out (click each date to find one without the fee but still charges your card today).
Mortgages Section
Let us know if payments auto apply to principal or if you have to call
Bank of America: After making 4 payments over the weekend you MUST call (or use online banking messaging) to allocate funds to the regular payment - by default it goes to principal.
Central Mortgage: Appears to go to additional principal payment. YMMV
Chase: Payments with JPMorgan have to fall within a ~5-day window in order for them to be unallocated, otherwise they go to principal. Your window depends on the billing date (usually the 1st of the month). If so, the window is until the 5th, so using Evolve, you have to allow for the payment to post and have it post between ~the 1st and the 5th. PITA
Citi: Made two payments near the end of the month and these were originally "unapplied" and labeled as "additional funds received". A day or two afterwards they moved to principal payments. A quick call to Citi had the payments moved from principal to make up my monthly mortgage payment.
Nationstar Mortgage: Payment applied as an "Additional principal payment" if you sent before the 1st of the month. If you pay after the first, the payment is held until you submit the full payment amount, and then the whole thing is applied to your monthly payment.
PNC: Partial payments will be held aside until payment in full is made. They will send a letter.
Provident Funding: Does not accept partial payments. After month's mortgage is paid, accepts Evolve a additional principal payments.
US Bank: Made 4 payments in June; after a couple of days, payments moved from principal payment to applying to monthly payment w/o a call
Wells Fargo: Two $500 payments day 1, One $500 payment day 2 going over the actual mortgage payment amount due. The payment automatically combined itself to pay the exact amount due once the Third hit. Any amount that was overpaid subsequently went towards principal. Nice to not have to send in the Exact amount, if you don't mind paying some extra principal.
"If you have any problems with gift cards please send us an email at support [at] evolvemoney.com" [Source: AlexAtEvolveMoney]
Evolve Money
#1636
Join Date: Dec 2013
Posts: 36
Longtime lurker first time poster (a.k.a. the devil incarnate). I have been repaying a bill using Evolve that is about to close (a loan). I assume if I overpay the last month they will just send me a check in the mail. Will the payee be removed at that point, or will I be able to continue to use them to convert payments to cash?
Advanced apologies if this is too stupid a question. Feel free to ignore.
Advanced apologies if this is too stupid a question. Feel free to ignore.
#1637
Join Date: May 2011
Programs: US Airways Gold, Marriott Platinum, SW A List
Posts: 1,575
Longtime lurker first time poster (a.k.a. the devil incarnate). I have been repaying a bill using Evolve that is about to close (a loan). I assume if I overpay the last month they will just send me a check in the mail. Will the payee be removed at that point, or will I be able to continue to use them to convert payments to cash?
Advanced apologies if this is too stupid a question. Feel free to ignore.
Advanced apologies if this is too stupid a question. Feel free to ignore.
Evolve won't remove the payee, but if you continue to pay on a closed account the bank will be sure to call you and tell you to stop it.
#1638
Join Date: Jul 2013
Posts: 222
You are right that you can make more than four payments by using reloadits on evolve. But that is only if you did not already make 4 debit payments. Once you've made 4 debits the account is locked. Anyone in that situation might want to avail him/her self to using the safe. It is also possible that evolve would count those made through the safe. I'm just throwing out the possibility that it would work.
Just tried making a payment after making 4 payments with RLs. I've never made payments with debit on Evolve. Got an error code saying I'll be able to make the payment on 7/1. Have a credit on my account.
EDIT: However, I made my 5th payment to another account and that went through. What the heck is going on? I think they flagged the 1st account because they saw I made multiple payments to it. I got an e-mail on that account saying I can't make more than 4 payments per month.
Last edited by goblue77; Jun 24, 2014 at 6:11 pm
#1639
Join Date: May 2014
Posts: 466
Just tried making a payment after making 4 payments with RLs. I've never made payments with debit on Evolve. Got an error code saying I'll be able to make the payment on 7/1. Have a credit on my account.
EDIT: However, I made my 5th payment to another account and that went through. What the heck is going on? I think they flagged the 1st account because they saw I made multiple payments to it. I got an e-mail on that account saying I can't make more than 4 payments per month.
EDIT: However, I made my 5th payment to another account and that went through. What the heck is going on? I think they flagged the 1st account because they saw I made multiple payments to it. I got an e-mail on that account saying I can't make more than 4 payments per month.
#1640
Join Date: Jul 2013
Posts: 1,036
But doctor of credit wrote an article stating you could pay more than 4 times to one billet if they were all reloadits
#1642
Join Date: Mar 2005
Location: ATL
Programs: AA, AGR, DL, MR, WoH, UA
Posts: 951
I don't have any Evolve-able bills large enough to run into this problem, but I wonder if one can do four standard bill pays and then additional express bill pays onto the same account.
Maybe putting a few ducats in their pockets will smooth things over a bit.
Maybe putting a few ducats in their pockets will smooth things over a bit.
#1644
Suspended
Join Date: May 2010
Posts: 2,998
#1645
Join Date: May 2014
Location: SoCal
Posts: 2,164
#1646
Join Date: May 2011
Programs: US Airways Gold, Marriott Platinum, SW A List
Posts: 1,575
#1647
Join Date: Feb 2014
Location: SQSP
Programs: 1&2
Posts: 167
You could try opening up a 2nd evolve account ... or maybe I read somewhere that wasn't a good idea. Hmmm.
#1648
Join Date: May 2003
Location: N/A
Posts: 403
I put a debit card payment in through my OVC card on friday, but i reached the max amount of transactions. My OVC now has a hold on the $500 - any idea how long until the hold gets released? Do I need to call anyone?
#1650
Suspended
Join Date: May 2010
Posts: 2,998