Amex sent out an email to OneVIP Serve members letting that know that beginning in January 2018 they won’t be accepting any new applications for OneVIP Serve.
Serve is one of Amex’s prepaid cards, along with Bluebird and REDcard prepaid (you can have one of each of these cards). Within the Serve line, there are numerous flavors, each with it’s own set of advantages.
All this used to matter back in the day when Serve was useful for unloading prepaid Visa and Mastercards at Walmart. Once Amex began shutting down those who do so, Amex prepaid cards became largely irrelevant, though some people apparently still use Serve to unload prepaid cards and others might have one of these prepaid cards to get 5% off at Target or for Amex Offers.
In any case, it sounds like all will remain the same for existing OneVIP Serve cardholders, at least for now. Eventually, I’d expect they’ll convert OneVIP into ordinary Serve card, along with many other changes and consolidations that are likely to occur once Incomm takes over the reins of Amex’s prepaid division in 2018.
OneVIP is the best option out there for a lot of people due to the fact that they waive the monthly fee when $500+ was loaded onto the card that month. For the next few weeks, you can still apply for a OneVIP Serve card here.
