Evolve Money

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Old Nov 30, 15, 1:59 pm   -   Wikipost
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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]
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Old Jan 14, 14, 7:28 pm
  #1  
Original Poster
 
Join Date: Jan 2013
Posts: 31
Evolve Money

Advertises free bill pay online using a debit card or reloadit packs. Many companies listed but I couldn't find any major credit cards. Still might be useful to some.
Barry331 is offline  
Old Jan 14, 14, 7:46 pm
  #2  
 
Join Date: Mar 2013
Posts: 809
Has a lot of retail cards on there.
cashback is offline  
Old Jan 14, 14, 8:12 pm
  #3  
 
Join Date: Jul 2011
Posts: 10
A first glance, I see a few mortgage companies on there. Could be good for paying a mortgage.
chunks1584 is offline  
Old Jan 14, 14, 8:43 pm
  #4  
 
Join Date: Mar 2013
Posts: 809
Nice find OP. Ill be using this for student loans and mortgage. Awesome that it is free.
cashback is offline  
Old Jan 14, 14, 8:44 pm
  #5  
 
Join Date: Mar 2013
Posts: 809
I just paid $50 to Sallie Mae to test it. Used PP card.
cashback is offline  
Old Jan 14, 14, 8:52 pm
  #6  
 
Join Date: Nov 2010
Location: South NJ
Posts: 263
Looks interesting. OP, have you signed up or used them for bill pay already?
Zamboni Driver is offline  
Old Jan 14, 14, 8:59 pm
  #7  
 
Join Date: Mar 2013
Posts: 809
$1000/day limit. Midnight to midnight PST.
cashback is offline  
Old Jan 14, 14, 9:15 pm
  #8  
 
Join Date: Nov 2013
Posts: 163
Nice, this is great for unloading my several NW Visa Buxx cards (I have 4 total cards).

Was able to pay 2 student loans using Evolve (Great lakes and AES). Thanks.
msnut1 is offline  
Old Jan 14, 14, 9:19 pm
  #9  
 
Join Date: Nov 2011
Posts: 300
Can BP mortgage, utilities, insurance, and some county tax collecting agencies, no BP to CC.
tonyflyer is offline  
Old Jan 14, 14, 9:44 pm
  #10  
 
Join Date: Mar 2007
Posts: 375
Originally Posted by tonyflyer View Post
Can BP mortgage, utilities, insurance, and some county tax collecting agencies, no BP to CC.
Is it Ok to overpay insurance and request refund check?
groundhog is offline  
Old Jan 14, 14, 9:48 pm
  #11  
 
Join Date: Dec 2009
Programs: WN CP, Hyatt Plat, Marriott Gold, Carlson Gold, AA Gold
Posts: 351
Originally Posted by groundhog View Post
Is it Ok to overpay insurance and request refund check?
I think there was a thread about this recently with cable bills and the answer was no. You can search for this.
dfwgolfer1 is offline  
Old Jan 14, 14, 9:57 pm
  #12  
 
Join Date: Apr 2001
Location: Austin
Programs: AA P4L, WN, BA, DL, UA, HHonors, IHG
Posts: 3,400
Curious that the only Wells Fargo Home Mortgage accounts that can be paid are those whose account numbers begin with 116.
Middle_Seat is offline  
Old Jan 14, 14, 10:04 pm
  #13  
 
Join Date: Jul 2004
Location: MCO
Programs: AA 1MM, BA, UA, HH Dia, CC Gold, SPG Plat
Posts: 794
https://pay.evolvemoney.com/opp/crea...Id=6&#moreinfo

Refunds. All payment transactions using the Services are non-refundable to you and are non-reversible through the Service.
TTnC4me is offline  
Old Jan 14, 14, 10:09 pm
  #14  
 
Join Date: Mar 2007
Posts: 375
Originally Posted by TTnC4me View Post
https://pay.evolvemoney.com/opp/crea...Id=6&#moreinfo

Refunds. All payment transactions using the Services are non-refundable to you and are non-reversible through the Service.
What if I make mistake in the account number? Where will my payment go?
groundhog is offline  
Old Jan 14, 14, 10:12 pm
  #15  
 
Join Date: Mar 2013
Posts: 809
Originally Posted by groundhog View Post
What if I make mistake in the account number? Where will my payment go?
It will likely reject the account number if it is wrong.

I tried to enter my USAA checking account # for USAA Insurance. No go.
cashback is offline  

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