Good morning everyone. A few days ago, Doctor of Credit alerted us to major changes to the Nationwide Visa Buxx reloadable debit card. The old weekly reload limit was $500 per card, now the new reload limit is $200 per card. Here are the current reload limits as of 1/12/2016:
I logged in to my Nationwide Visa Buxx account and attempted to reload more than $200 to my card.
Unfortunately, a big red error message popped up and told me to change my entry to be between $10 and $200.
I reloaded a Nationwide Visa Buxx teen card in the last 7 days so I couldn’t even test a $200 reload this morning. I assume the fee is still $2 per reload. Previously, you could reload 4 cards up to $1,000 each in a single month. That would require 8 $500 reloads, costing a total of $16 in reload fees (8 x $2). It says you can reload up to 5 times per month, at $200 per week, so technically it should be possible to load the same $1,000 to each card. If you can fully fund all 4 cards at $1,000, that would require 20 $200 reloads, costing a total of $40 in reload fees (20 x $2). I’m not sure if it is a great deal, but I will probably continue to load my Nationwide Visa Buxx teen cards until a better deal comes along.
If you have any questions, please leave a comment below. Have a great day everyone!