$10 in 60 Seconds | Bloggers Lair | Yakezie Forums

Post edited 12:59 am – February 11, 2012 by JT_McGee

American Express launched a new product called "Serve" to compete with PayPal. They're also giving away $10 to anyone who opens a free account.  It takes all of 60 seconds to sign up.  

Blogged about it on MoneyMamba: http://bit.ly/z8hp1Q

This is my post with serve and paypal comparison, written 6 months ago

thanks for the tip JT.  seems pretty easy to setup.

Glad I read this to the last post.  I was going to go sign up too, but I'm Canadian.  All of the Americans on here should take advantage of this easy money.  Thanks for sharing this JT.

I'm glad there is more competition for paypal though.  They make some brutal business decisions with screwing over a lot of their customers.  They are integrated into a lot of sites, but I think between Amex and Google they might be watching their back.  Competition is great for consumers and businesses.

Modest Money said:

Glad I read this to the last post.  I was going to go sign up too, but I'm Canadian.  All of the Americans on here should take advantage of this easy money.  Thanks for sharing this JT.

 

I'm glad there is more competition for paypal though.  They make some brutal business decisions with screwing over a lot of their customers.  They are integrated into a lot of sites, but I think between Amex and Google they might be watching their back.  Competition is great for consumers and businesses.

It's interesting to see how American Express evolves over time.  They're obviously looking to at least meet PayPal's fee structure, if not eventually beat it.  That's a pretty big divergence from their historically higher merchant processing fees as a trade off for what they claim to be a wealthier base of cardholders.  I too hope they compete strongly with PayPal, as we could all use a little bit of competition in the online payments space.

@OneCent – I had no idea this was a 6 month old program!  Dang – behind on the curve, and my $10! 

Thanks JT. I signed up and the $10 is already in there. Nice.

Mark D. Cook said:

What's the catch??

I didn't see one.  They offer $5 for up to 10 referrals.  

That's good news to see some competition…but until they beat paypal fees I dont see much of a point.

I'll take $10. Thanks JT & AMEX! 

Thanks for the heads up. I just signed up, verified the email, but I didn't get the credit.

I'll check back tomorrow.

It's hard to imagine someone unseating PayPal, but Amex may have the backing to do it!