Exactly 9 weeks ago, Amex lowered the boom on many Bluebird and Serve cardholders. While they didn’t outright shut down accounts, they did bar them from loading new funds. Most people with frozen accounts had been using the cards to indirectly increase credit card spend. The basic process involved buying Visa or MasterCard gift cards with credit cards and then using those gift cards as debit cards in-store to reload Bluebird or Serve. Then, the... The post Amex lowers the boom on Bluebird and Serve again appeared first on Frequent Miler.
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