The sun also sets on US Bank Visa Buxx
/When I started this blog, the Wells Fargo Prepaid Card still allowed users to load up to $2,500 onto the card for a flat fee of $5. The card still exists, but as of May 1, 2013, has only been loadable using Wells Fargo-issued credit and debit cards, which I believe don't earn rewards on load transactions.
Meanwhile, the Nationwide and US Bank Visa Buxx cards have kept plugging along, allowing $1,000 and $2,000 in loads monthly using any Visa or MasterCard credit or debit card (although Citi-issued credit cards are notoriously at risk of cash advance fees).
Today I saw the news that US Bank is no longer allowing new online applications for their Visa Buxx card. I'm still able to log into my existing account, and haven't seen any indication that they'll be canceling existing card accounts, although at this point I'd say it's a near certainty that they'll be restricting loads to US Bank-issued credit and debit cards sometime in the next 12 months (check back February, 2015!).
I hope that all my readers have already signed up for a least one card account, so they won't be immediately affected by this change. And as always, remember the first two laws of travel hacking:
- Every deal dies eventually;
- There will always be more deals.