The 2015 Shutdown Thread
Mar 21, 2015, 5:15 am
#31
Join Date: Jul 2013
Posts: 1,036
I got my SO AMEX OBC card shutdown in Nov. She had that card for like 7 yrs, and only put like $50 a year on it. Then I was setup as an AU, I put 76k in 7 months 
I told her,"I think you will be receiving a letter that AMEX closed your account". Since she didn't use that card anyway, she didn't get mad at me.
I told her,"I think you will be receiving a letter that AMEX closed your account". Since she didn't use that card anyway, she didn't get mad at me.
Mar 21, 2015, 10:01 am
#33
Join Date: May 2010
Posts: 688
I got my SO AMEX OBC card shutdown in Nov. She had that card for like 7 yrs, and only put like $50 a year on it. Then I was setup as an AU, I put 76k in 7 months
I told her,"I think you will be receiving a letter that AMEX closed your account". Since she didn't use that card anyway, she didn't get mad at me.
I told her,"I think you will be receiving a letter that AMEX closed your account". Since she didn't use that card anyway, she didn't get mad at me.
That's only about $11k/month. I've MS'd $80k in a month across 4-5 cards. Luckily I have never had an account closed. My CL's range from $10k-$20k.
Mar 21, 2015, 11:09 am
#34
Join Date: Aug 2013
Posts: 1,705
OBC and Diner's closures both show when there is some "mass" AA on the part of a CC company a lot of small fish get caught in the net so to speak.
Mar 21, 2015, 2:36 pm
#36
Join Date: Feb 2015
Posts: 97
I don't think FIA/Fido will shut you down since the more you manufactured, the more money they also make.
Amex lose money on OBC if you only focus on category bonus.
Amex lose money on OBC if you only focus on category bonus.
Mar 21, 2015, 8:11 pm
#37
Join Date: Feb 2014
Posts: 908
Which FIA card? The American express one that pays 2%? If so I don't use it anymore since they clawed back 20k worth of points from giftcard mall orders. My account shows negative 20K points.
Mar 21, 2015, 8:57 pm
#38
Join Date: Feb 2015
Location: IAD, sometimes DCA
Posts: 107
Curious - did they give a reason why?
Mar 21, 2015, 10:00 pm
#39
Join Date: Feb 2014
Posts: 908
ah thanks - I assumed 2% was a big deal to them since most cashbacks are below it. I opened a play account with Fidelity and it's nice to know I can fund it via the card... with 2 RB's one can potentially do $10k/mo.... nice chunk of play money annually.
Curious - did they give a reason why?
Curious - did they give a reason why?
Mar 22, 2015, 2:28 am
#40
Join Date: Mar 2015
Posts: 18
1. Buy VGCs from gift card mall.
2. Redeem CC points to fidelity account.
3. FIA claws back points, leaving you with a negative point balance.
Any idea if this was caused by amex level 2/3 data?
Mar 22, 2015, 2:37 am
#41
Join Date: Dec 2013
Posts: 3,500
Damn, I thought the fidelity amex was one of the safe cards. Just to be clear, is this what happened?:
1. Buy VGCs from gift card mall.
2. Redeem CC points to fidelity account.
3. FIA claws back points, leaving you with a negative point balance.
Any idea if this was caused by amex level 2/3 data?
1. Buy VGCs from gift card mall.
2. Redeem CC points to fidelity account.
3. FIA claws back points, leaving you with a negative point balance.
Any idea if this was caused by amex level 2/3 data?
Mar 22, 2015, 5:00 am
#42
Join Date: Feb 2014
Posts: 908
Damn, I thought the fidelity amex was one of the safe cards. Just to be clear, is this what happened?:
1. Buy VGCs from gift card mall.
2. Redeem CC points to fidelity account.
3. FIA claws back points, leaving you with a negative point balance.
Any idea if this was caused by amex level 2/3 data?
1. Buy VGCs from gift card mall.
2. Redeem CC points to fidelity account.
3. FIA claws back points, leaving you with a negative point balance.
Any idea if this was caused by amex level 2/3 data?
Mar 22, 2015, 6:15 am
#43
Join Date: Sep 2011
Posts: 72
Correct. Impossible to collect from a minimum wage employee. I did sue CVS as well, but Incomm called to settle (about $6K). I sued Incomm under the theory that they gave away MY PIN without taking proper precautions like asking the thief for the actual VR card (they just ask for a photocopy from the thief). Pretty stupid on their part .... $6K stupid).
Mar 23, 2015, 3:49 pm
#44
Join Date: Dec 2009
Location: DEN
Posts: 502
Your Softcard Account is being terminated
"This email is to notify you that your Softcard™ Account and your Softcard app will be terminated during the period from March 31, 2015 to April 10, 2015."
My first shutdown for 2015! Luckily this "shutdown" affects every Softcard user since they're going out of business.
RIP Softcard.
My first shutdown for 2015! Luckily this "shutdown" affects every Softcard user since they're going out of business.
RIP Softcard.
Mar 23, 2015, 9:21 pm
#45
Join Date: Jul 2014
Location: LAX
Programs: Hyatt Globalist, AA EXP, Hilton Diamond, Wyndham Diamond, DL PM, Marriott Platinum, IHG Platinum
Posts: 1,305
Why did PayPal shut down the entire family? Any lessons we can learn here?