Bluebird by American Express: fees, parental controls & FDIC status

CFPB agreement on file Teens (13–17) Young adults (18–25) Last updated:

Bluebird is American Express's low-fee prepaid account with family sub-accounts that work for teens; it is issued by American Express Travel Related Services — a non-bank — and its full fee schedule is filed in an active CFPB prepaid agreement.

Every figure on this page is sourced to an official document — see how in our methodology. Research information only, not financial advice.

Fees

monthly
$0 monthly (usage fees per the CFPB agreement)

FDIC coverage, verified

Partner bank
FDIC certificate
Insurance status
Unknown

Checked against the FDIC BankFind registry by certificate number — not the app's marketing copy.

Change log

Detected from official filings and pricing pages — most recent first.

  1. Official pricing page changed — pricing page content changed (https://www.bluebird.com/)
  2. New fee agreement filed with the CFPB — agreement 53763 effective 2024-07-29

CFPB complaints

0 complaints on record at the CFPB for Bluebird by American Express, by product:

Frequently asked questions

Is Bluebird FDIC insured?

Be careful here — Bluebird is issued by American Express Travel Related Services, which is not an FDIC-insured bank, so standard FDIC deposit insurance does not apply the way it does at a chartered bank. The official terms are in the CFPB prepaid agreement (product 47434).

How much does Bluebird cost per month?

There is no monthly fee; specific usage fees (like out-of-network ATM withdrawals) are listed in the fee schedule filed with the CFPB.