Some rules and differences between Evolve and Bluebird:
- You can only pay the payees listed in their system (usually Utility and Mortgage companies with very few Credit Card issuers.)
- You can only pay $1000 to a single payee every day and no more than 4 times to the same payee every month.
- You pay directly with your debit card instead of loading money onto it at a Walmart Money Center.
Some important points to keep in mind about paying your mortgage with Evolve:
- If using $500 gift cards, you will not be able to use this method to pay a mortgage with a minimum monthly payment over $2000.
- You will be making partial payments of up to $500 at a time and up to $1000 in a day. Unless your mortgage payment is under $500, this may cause misunderstanding with your mortgage holder.
- Assuming they're listed as a valid payee in Evolve, make sure you contact your mortgage issuer and they understand that you will not be paying the minimum payment in a single transaction. Otherwise, they might count the partial payments towards your principal instead of the monthly payment!
Overall, I still think Evolve is a bit more of a hassle than Bluebird as long as you avoid Vanilla Visa cards from now on. As of yesterday, I still had no problems purchasing a US Bank card and transferring it at Walmart, but if past experience is any indication, the days are numbered for this method as well.