I’ve previously written two articles about CVS and Manufactured Spending with Vanilla Reloads.
I Spent $5,039.50 on 10 Vanilla Reloads From CVS Pharmacy in One Transaction
My Local CVS Hides Vanilla Reloads in a File Cabinet
My Local CVS Instituted Anti Money Laundering Guidelines
I’m not a huge manufactured spender like Amol or @PatMikeL, but I do visit CVS quite a bit. I popped by my local CVS today in Los Angeles and noticed a new note by the cashier labeled “Money Laundering Huddle Guidelines”.
The entire note reads as follows:
Money Laundering Huddle Guidelines
1. Money Order Daily Limits – $2,500
2. Money Transfer Daily Limits – $2,000
3. Pre-Paid Products Limit – $5,000 – no more than 10 cards per day
4. Scams at no time must any employee process any transaction through the phone for anyone claiming to be a CVS employee or field management.
I went ahead and bought the few remaining Vanilla Reloads left and asked the cashier about the Money Laundering policy. The cashier said that the company is aware of the situation. I don’t know what she meant by that, but it sounds scary.
Is buying prepaid cards with mileage earning credit cards coming to an end at CVS soon?