It was a good, long run, but it looks like my favorite method for manufacturing spend is finally coming to an end. Today I received an email from Amex Bluebird titled “Termination of Funds Loading Capabilities On Your Bluebird Account”. The email said following:
“We are writing to let you know that we have observed unusual usage patterns on your Bluebird Account. Because of this, effective immediately, you will no longer be able to add money to your Account.1 We have made this change in accordance with Section 22.d of our Member Agreement, which you can view here.
Please be aware that you continue to have full access to the funds on your Account and can withdraw them at any time.
Once your balance reaches $0, please close your Account online via your Profile page accessible here. Scroll down to the Close Account section and click “Close Account.”
If you have any questions or would like to inquire further about this issue, you may write to us at the following address:
C/O Customer Relations 02-04-40
4315 S 2700 W
Salt Lake City, UT 84184-0440
The Bluebird® Team”
Direct and to the point, and thankfully they are giving us an opportunity to pull money out. There is an EXTREMELY small sliver of hope for me, though. I’ve only received the email on ONE of my accounts thus far. I know it’s unlikely that any of my other accounts stay open (although I do have hope for one of them because of unusual circumstance), I’m still clinging on to hope.
For now, I’ll say that Bluebird is on life support. I know many others have received the emails on all of their accounts. I can’t quite figure out why some received it and some haven’t.
At all the FTU and TravelCon conferences I’ve spoken at, I’ve always said how big of a fan of Bluebird I am because it’s so low maintenance and remains free. Hopefully at those conferences you also listened to the advice of Tahsir Ahsan (The Bengali Miles Guru) that Money Orders are the way of the future.
Although I haven’t written much in the past, I will definitely write more posts regarding the best ways to MS going forward. You opportunities are not completely gone, but your easiest one probably is.
In the meantime, if your account didn’t get shut down, I recommend you liquidate any remaining gift cards you have before they do. It’s probably just a matter of time. Or, you can try to wait it out and hope that this wave of shut downs passes you over completely, and that there isn’t a future wave. Unlikely, but perhaps worth a try.