Earning free miles via Google Wallet was fun while it lasted. But alas, all things must come to an end. It appears that end has come for Google Wallet today. Google Wallet allows you to send money to anyone with an email address and using a bank account or a credit card. Google Wallet was waiving the normal transaction fee of 2.9% for money sent using a credit card as the funding source. As we all new, and Google disclosed, this was only for a “promotional period”.
As you can see from the screenshot above, the fee is now being assessed. This is no longer a cash cow. However, until June 29th, if you just need a little extra spending to hit a minimum requirement. You can still send 1 transfer of $250 without the fee (see the terms below.) It isn’t much, but if you find yourself falling just short of a minimum spending requirement, it could help. Bank accounts are still free of course.
I hope some of you were able to get in on this while it lasted. But if you didn’t, don’t worry there is always that next opportunity!