Serve $50 Sign Up Bonus

Posted by Madison

Serve from American Express is offering a $50 bonus. It is this week’s Free Money Friday!

Do you still have your Serve card from American Express? I previously used my Serve card to Cash Out Gift Cards via ATM, but had to close my account to open a Bluebird card to Pay Bills with a Credit Card.

Luckily, I kept one of our Serve cards open, and I’m glad I did!

How to Get Your $50

  1. Sign up for a Serve account.
  2. Sign up for Direct Deposit and receive two deposits of $250 or more.
  3. Get a $50 credit to your Serve account!

Terms and Conditions

  • The second deposit must post on or before September 30, 2013.
  • Limit one (1) $50 credit per Serve Account.
  • A qualifying Direct Deposit is a recurring Direct Deposit of a paycheck or other regular monthly income electronically deposited by an employer into your Serve Account.

More on Serve

What is Serve? Serve is a Full Service Prepaid Account that gives you a safe way to pay in stores, online, and on your mobile phone. You can move money or split the bill on the go by using their mobile apps. I like it for the cash back strategies.

Simple Terms. Serve accounts have no credit check, activation fee or minimum balance.

Existing Serve Account. The offer states that to receive the $50 credit you must successfully sign up for a new Serve Account. However, if you already have a Serve account, check your email for the same offer. If you are searching for it, my email had the subject line “Get a $50 bonus with your paycheck, courtesy of American Express® Serve”.

Sign Up for Serve


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Comments to Serve $50 Sign Up Bonus

  1. Madison, I’ve been following your articles for a few years and learned tons from you on CC sign up bonuses/rewards/etc. I am now a so called expert on CC bonuses in my own right. But..the advice you give to your readers on the “Serve” acct (and other accts in the past few weeks ie. Barclay Carnival)is just plain bad. No offense meant… but .you would have someone open a Serve acct just for $50.00? That means 1)filing a new DD form with my employer 2)closing my free checking acct-since I no longer have DD and they now will charge a fee, plus I rec’d 200.00 last year for opening it 3)probably a hard pull by Amex and 4)starting a whole new bill pay program. All for $50.?? Also the same with the Carnival 100. bonus. Barclay’s will do a hard pull and deny you if you have 1 or 2 other Barclay’s accts but the pull stays. These are definitely not worth applying for. And finally, The Amex preferred 250.. that was available for at least 6 months on that site. MY wife applied thru that site and already rec’d the reward. BTW, not much to report on CC bonuses now, just the same stuff. So since I have been thru all the Chase Amex Barclay and targeted offers, I’m waiting 7 or 8 months to cancel and start again. I just opened a citi basic checking for the 200.00 Sunoco gas card. I fell that is worth it to change my DD. Kepp up the good work

    barry

    • Hi Barry,
      Good to hear from you!

      Like you, I used to think the direct deposit hurdle was just one I wasn’t going to jump over at any cost.

      After some research, I found my husband’s employer allows me to switch his deposit online in about 30 seconds. In addition, they allow multiple direct deposits, so I can deposit just the $250 and the rest into our regular checking (or spread it among multiple offers). When it’s done, I can just change it back.

      Now, I do realize that many people wouldn’t want to bother with this, but for some people, if it’s easy and you already have a Serve account from before, it’s free money.

      I have found one thing over the years, and that it’s impossible to determine what people feel is worth it. My friend, Annie, who just started with credit card offers is willing to sign up for anything that will giver her $18. As you become seasoned in the game it seems like the threshold rises. I, like you, like to be compensated at least $250 for an inquiry, but when I do an application spree I usually scoop up some $100 bonuses too.

      In an effort to serve all of the readers, I like to share both large and small bonuses.

      Thanks for your feedback! It’s always great to hear from you. I’ll make sure to scope out some better offers for you in the future! And I’m off to track down the Sunoco gas card for readers!

      Madison


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