Cash is king, it’s true–but there are certain situations in today’s modern world where only a credit or debit card will do. But some folks don’t want a credit card. What can you do?
Well Walmart and American Express have teamed up to create the new Bluebird card:
The Bluebird card is a credit card/debit card alternative.
Bluebird is an everyday spending account that consumers can use to pay bills, send payments to one another, deposit their paycheck, set up budgets and alerts, pay for the things they want and need anywhere in the world, and much more through Bluebird. Bluebird, which has no monthly, annual, or overdraft fees, is available in more than 4,000 Walmart stores and online.
It’s easy. You can pick up your Bluebird account starter kit at a kiosk in store (or order online). You pay $5 to activate the card and then have to load on a minimum of $20.
Inside the flap of the box is a starter card that you can use immediately. You go online and set up your account at Bluebird.com to receive your personalized card. Then you simply use as you would a debit card anywhere that American Express is accepted!
When you need to add more money you have several options. You can add cash at any Walmart register, you can transfer money online from a checking or savings account, you can deposit part or all of your paycheck and you can also deposit checks with the Bluebird Mobile App.
I can see families using the Bluebird card to provide spending money for teens away at college (the teen gets the card, dad loads money & checks on how it’s being spent online). It would also be a great way to provide money to an older parent that you financially “help out”.
Walmart asked me to try out the service myself–to buy the card and put it through it’s paces. I’m interested to see if it can help me with my goal of implementing a family budget. Since it operates more like a debit card (you’ve got to add the money in order to be able to spend it) I could put my grocery/gas/spending money for the month on the card and then keep track of what I’ve spent where. I’ll be following up in about a month with how I’ve used it and what I think
What questions do you have about the Bluebird card? What situations can you think of that it would be useful in?
Disclosure: This is a sponsored post I am participating in with the Walmart Moms. Walmart has provided me with compensation for this post. My participation is voluntary and opinions, as always are my own.