Starbucks to offer prepaid Visas
Mar 23, 2016, 3:54 pm
#1
Original Poster
Join Date: Apr 1999
Location: Andover, MA, 01810
Posts: 1,972
Starbucks to offer prepaid Visas
Interesting....
http://www.boston.com/news/business/...-prepaid-cards
http://www.boston.com/news/business/...-prepaid-cards
Mar 23, 2016, 6:01 pm
#3
Join Date: Aug 2011
Location: The Phoenix Desert
Programs: Hilton Cubic Zirconia, Marriott Fools Gold
Posts: 1,692
And the max load amount vs load fee.
This might get me back to SB a little more frequently. I'm not happy about the revamped rewards program, since I'm a customer that usually only gets a $1.50 bagel, not a $6 latte.
ETA I love the last line of that article "families also use prepaid card as a way to control spending on vacations". This is exactly how I use mine... except by earning points to pay for said vacations
I'm going to have to remember that verbiage next time a cashier asks why I buy them haha.
This might get me back to SB a little more frequently. I'm not happy about the revamped rewards program, since I'm a customer that usually only gets a $1.50 bagel, not a $6 latte.
ETA I love the last line of that article "families also use prepaid card as a way to control spending on vacations". This is exactly how I use mine... except by earning points to pay for said vacations
I'm going to have to remember that verbiage next time a cashier asks why I buy them haha.
Mar 23, 2016, 6:17 pm
#4
Join Date: Feb 2015
Posts: 595
Reloadable...
A replacement for Serve? Have to see how it can be *unloaded* as well as loaded. The article says there is no load fee.
Other articles online say it's coming out at the end of the year. So don't get all excited to quickly...
A replacement for Serve? Have to see how it can be *unloaded* as well as loaded. The article says there is no load fee.
Other articles online say it's coming out at the end of the year. So don't get all excited to quickly...
Last edited by shadow520; Mar 23, 2016 at 6:25 pm
Mar 23, 2016, 7:42 pm
#6
Join Date: Mar 2007
Location: EWR-SEA-IAD
Programs: UA 1P MM, AS MVP G*, SPG Gold, Hyatt Plat, IHG Plat, Hilton Diamond, Marriott Gold
Posts: 977
If you thought holding up the money center line while loading a pile of serves was bad, try holding up other ppl from their coffee while you try to get a bit of MS done in the morning before you head to work.
Mar 23, 2016, 8:45 pm
#7
Join Date: May 2015
Programs: All the programs!
Posts: 1,006
Solution: Starbucks needs a kate for loading.
In fact, I would probably pickup a drink/snack every time I visit. Do it Starbucks.
Mar 23, 2016, 9:03 pm
#8
Join Date: Oct 2014
Posts: 827
Mar 24, 2016, 12:16 am
#9
Join Date: Sep 2012
Posts: 4,431
Looking forward to this. But realistically, I doubt it'll have free CC loads. AMEX tried various iterations of free CC loads, and it's a proven money-loser for them. SB isn't blindly jumping into this... I'm sure SB has an idea how it works. The model to follow is Greendot, not AMEX. The only way free loads makes sense is if it's cash and maybe debit. But I'd be shocked if billpay is as simple as with SERVE.
Mar 24, 2016, 11:52 am
#10
Join Date: Nov 2014
Location: USA
Posts: 1,084
Looking forward to this. But realistically, I doubt it'll have free CC loads. AMEX tried various iterations of free CC loads, and it's a proven money-loser for them. SB isn't blindly jumping into this... I'm sure SB has an idea how it works. The model to follow is Greendot, not AMEX. The only way free loads makes sense is if it's cash and maybe debit. But I'd be shocked if billpay is as simple as with SERVE.
Mar 24, 2016, 12:10 pm
#11
Suspended
Join Date: May 2010
Posts: 2,998
Mar 24, 2016, 11:45 pm
#14
Join Date: Feb 2011
Location: CVG
Programs: Hyatt Giraffe
Posts: 1,664
and a $75 legal processing fee, which would be triggered if the bank was required to hold or pay out funds from the account as a result of a legal action.
Mar 25, 2016, 7:52 am
#15
Join Date: Nov 2014
Location: USA
Posts: 1,084
^