ED Magedson – Founder
Blue Bird American Express3 World Financial Center New York, New York USA
Blue Bird American Express BLUEBIRD MAKES A TON OF MONEY OFF OF THE FLOAT New York New York
Although I like to use BlueBird from American Express for my teenager's use, American Express take 3-4 business days to show available funds. This is after the money gets taken out of my bank account. Add another 2 days until they take the money out, and you have a 5 to 6 business day turnaround time for your money to become available.
American Express are definitely shrewd operators. I don't mind making a little off of my float but 4 business days is ridulous!
I saw a person's comment to someone who complained. They said, "what do you expect, it's free." Give me a break. So you should expect crappy service because they don't charge service fees? They make up for it plenty on the float.
This report was posted on Ripoff Report on 06/26/2013 06:24 PM and is a permanent record located here: http://www.ripoffreport.com/r/Blue-Bird-American-Express/New-York-New-York-10285/Blue-Bird-American-Express-BLUEBIRD-MAKES-A-TON-OF-MONEY-OFF-OF-THE-FLOAT-New-York-New-Yo-1062389. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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