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
#2896
Join Date: May 2006
Location: Melbourne, Florida, USA
Posts: 2,983
Email from Evolve:
To help pay those bills with higher balances, such as mortgages, we've raised the single payment limit to $2,999 when paying with credit or debit cards. In addition, you can now make up to 4 payments by card per month on a single bill. As always, you can make as many payments as you like by cash. Learn more here: http://www.evolvemoney.com/transaction-limits/
#2899
Join Date: Sep 2012
Posts: 4,431
Citi gave my TYP card unlimited 3x for 6 months after a call to retention dept. TYP are more valuable now that they can be transferred to airlines. I might pay my $2700 mortgage for the next few months. An easy way to buy TYP for 1c each in decent quantities.
#2900
Join Date: Nov 2011
Posts: 766
Others, chime in. This is a big deal. I've been paying my Wells mortgage with Wally World MO; this would be so much easier if it still earns....
#2901
Join Date: Mar 2011
Location: SAN
Programs: Delta Gold. Hilton Diamond. Hyatt Explorist.
Posts: 1,674
That is the million dollar question. Out of all of this misery, this would be a positive development. I thought it did earn as I've been using it, but never bothered to make sure...
Others, chime in. This is a big deal. I've been paying my Wells mortgage with Wally World MO; this would be so much easier if it still earns....
Others, chime in. This is a big deal. I've been paying my Wells mortgage with Wally World MO; this would be so much easier if it still earns....
#2903
Join Date: Jun 2014
Location: FL
Programs: AA EXP, Hyatt Diamond, SPG Plat, IC Plat Amb, HH Diamond, Marriott Platinum
Posts: 1,299
#2904
Join Date: Oct 2014
Posts: 503
There was nothing stopping you from doing that before this change, it's just now your only real option, so saying you're a huge fan of all the options that were just taken away is kind of stupid.
#2905
Join Date: May 2009
Location: Seattle, WA
Programs: UA MM *G, AA EXP, OW Emerald, Hyatt Globalist, Gold everywhere else
Posts: 833
Well this...
...combined with this...
...would actually be an improvement for some people.
I realize a certain loophole was closed. Sadly I wasn't even aware of that one until pretty recently. One last payment scheduled for next week though.
To help pay those bills with higher balances, such as mortgages, we've raised the single payment limit to $2,999 when paying with credit or debit cards. In addition, you can now make up to 4 payments by card per month on a single bill. As always, you can make as many payments as you like by cash. Learn more here: http://www.evolvemoney.com/transaction-limits/
I realize a certain loophole was closed. Sadly I wasn't even aware of that one until pretty recently. One last payment scheduled for next week though.
#2906
Join Date: May 2009
Location: Seattle, WA
Programs: UA MM *G, AA EXP, OW Emerald, Hyatt Globalist, Gold everywhere else
Posts: 833
FYI, tried adding a US Bank $500 VISA GC as a Debit and it's showing no fee.
All my other cards moved to the Credit Card section and now show the 3% fee.
All my other cards moved to the Credit Card section and now show the 3% fee.
#2909
Join Date: Aug 2000
Location: Chicago Burbs
Programs: SPG Gold, Hyatt Diamond
Posts: 223
Staples Reward (Rebate) card is 3% fee too. Guess it makes sense since it is MetaBank.
Evolve is dead for me until/unless I get the UFB Direct AA debit card and it earns some AA miles.
We need a new Wiki section for confirmed 0% fee debit card options...
Evolve is dead for me until/unless I get the UFB Direct AA debit card and it earns some AA miles.
We need a new Wiki section for confirmed 0% fee debit card options...
#2910
Join Date: Sep 2008
Location: NYC
Programs: AA PLT 2MM
Posts: 395
UFB: YES
ST: NO