I don't really want to go back to donating plasma because it takes a huge toll on my body and my blood pressure is often too low. I want to empty out all the funds in my BioLife card to move them to my bank account (not sure what the best way to do this is, i just withdrew $200 in cash the other day but got charged $2 for having to view the balance before withdrawing, which i viewed twice but only withdrew once since i didn't know it would charge me no matter what even at a moneypass ATM).
I now have $498 remaining on my card, what is the best way to get this to my bank account? Should I do the direct transfer through the account and routing number (which says it'll only charge a fee if I transfer less than $300 at a time, but doesn't say it will charge a fee for numbers above that). I do have a fear that this method might have a technological error that causes the money to straight up disappear into the void, so please share your experiences if you did this (how much you transferred to which bank, and what the fee was).
Or should I keep withdrawing cash at the moneypass ATM? It only allows multiples of 20 dollar bills with a limit of taking out $200 each time, so some money would stay stuck in my card at the very end.
I also read that there would be a Card Maintenance fee of $3.00 per month:
- "Card Maintenance Fee: Subject to applicable law, a monthly maintenance fee will be charged to your Card each month, starting on the sixth month after the issuance of the initial Card (and regardless of whether any replacement Card is issued). However, the monthly maintenance fee will not be charged in a month if: (1) money has been added to your Card in the preceding 90 days, or (2) your Card has been used to make a purchase in the preceding 90 days."
A separate document also says "Card Maintenance Fee: This fee does not apply if the account balance is $0.00"
However, what happens if there is some unknown mystery fee that they charge me for using an ATM or transfer service that makes the balance of the card go negative, rather than $0.00?
Would that $3.00 a month fee continue to add on every month for the rest of my life and the company would issue me a bill to pay them back that amount?
I need help figuring out how to make the card go exactly to $0.00 from starting of $498 to prevent this, thank you. Sorry if this is confusing but I'm sure there are others probably wondering the same and I do appreciate you taking the time to read this and help if you got here.