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Heard About Dwolla?

October 19th, 2013 at 06:12 pm

I've been doing Swagbucks for a few months now. (CreditCardFree's tutorial from last May is very helpful). So far, I have purchased 1 $5 Amazon gift card for 450 Swagbucks. What I would really like though, is to redeem for cash.

Today I noticed there is a gift card for a vendor called Dwolla. Dwolla seems to be very similar to Paypal. Dwolla does charge a $.25 fee for transactions over $10.

Currently, $5 Dwolla gift cards are on sale for 400 Swagbucks. I bought one. It will take a few days for Dwolla to verify my bank account info, and a few days for my gift card to be available.

Hopefully, one day soon I will have $5 cash in my checking account, courtesy of Swagbucks and Dwolla. It will make a lovely mortgage chip.

Last night, I met a girlfriend I hadn't seen in about 6 months for drinks, dinner, and giggles. I offered to pay. I spent $30 including a generous tip. (The place we like to go has awesome margaritas for $2. Also, the best chips and salsa I have ever had). We had a great time.

Today I am planning to drive up to Davis to see BF. I will spend the night and come home tomorrow afternoon.

4 Responses to “Heard About Dwolla?”

  1. Kiki Says:

    It can take a while to add up the points at Swagbucks but it is worth it. In three months I have earned $250 and about $35 in Amazon GC.

    Best points earned through the surveys but also through watching the videos (only 30 seconds and you can move on) or the activities, an easy 5 or 10 points. I go for at least the minimum each day to get the bonus points.

    Everything is going to Christmas this year.

  2. FrugalTexan75 Says:

    Is the $.25 per $10 transaction for money being deposited, or for money being transferred?

  3. Petunia 100 Says:

    Hi FT,

    According to what I have read, it is a flat fee of $.25 per transaction, waived for transactions less than $10.

    Here is the NYT blog post I read:

    http://bucks.blogs.nytimes.com/2012/01/23/using-dwolla-to-se...

  4. FrugalTexan75 Says:

    Thanks Smile

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