Jan 6, 2016, 8:17 pm
Last edit by: RedSun
This is the thread for 2016. The previous megathread is here.
The current WF cards that earn 5x Go Far Rewards points (WF points) are WF Visa Signature card and WF Rewards card. The 5x introductory period is 6 months, then they earn just 1x WF points. Each card is now capped the 5x at $12,500. (Updated Mar-2019)
Wells Fargo Visa Signature card:
https://www.wellsfargo.com/credit-cards/visa-signature/
Wells Fargo Visa Rewards Card:
https://www.wellsfargo.com/credit-cards/rewards/
Churnable to get repeated 5x rewards?
Not possible
http://www.flyertalk.com/forum/22871522-post710.html
How to pay down CL quickly?
Use WF account to pay
Likely to get shut down if...?
- Cycling several times through your CL
- Cause a negative balance
- Have a really high balance
- Calling in and getting caught by human eyes on MS activities.
To check what your 5X/5% window is:
In your account summary page on WF website, go into the CC, and click "show my rewards" on the left side, then click "Visit Wells Fargo Rewards"
From there go to "Earn Rewards" on the top and click "My Offers" and go into the "Promotional Offers-Usage" tab.
To check which transactions get 5X/5% before your statement posts
To check if new transactions are eligible, go to "My Rewards" on the top, click "Activity", and set the start/end dates. You should see a "bonus earning" 4% for anything that's eligible.
What to do when transaction not going through due to FA?
Human @ fraud prevention line is 877-575-0462 (to verify charges if locked out) (Update 3-3-15 - Phone number no longer in service per this post)
Automated response number: 800-446-0664
The current WF cards that earn 5x Go Far Rewards points (WF points) are WF Visa Signature card and WF Rewards card. The 5x introductory period is 6 months, then they earn just 1x WF points. Each card is now capped the 5x at $12,500. (Updated Mar-2019)
Wells Fargo Visa Signature card:
https://www.wellsfargo.com/credit-cards/visa-signature/
Wells Fargo Visa Rewards Card:
https://www.wellsfargo.com/credit-cards/rewards/
Churnable to get repeated 5x rewards?
Not possible
http://www.flyertalk.com/forum/22871522-post710.html
How to pay down CL quickly?
Use WF account to pay
Likely to get shut down if...?
- Cycling several times through your CL
- Cause a negative balance
- Have a really high balance
- Calling in and getting caught by human eyes on MS activities.
To check what your 5X/5% window is:
In your account summary page on WF website, go into the CC, and click "show my rewards" on the left side, then click "Visit Wells Fargo Rewards"
From there go to "Earn Rewards" on the top and click "My Offers" and go into the "Promotional Offers-Usage" tab.
To check which transactions get 5X/5% before your statement posts
To check if new transactions are eligible, go to "My Rewards" on the top, click "Activity", and set the start/end dates. You should see a "bonus earning" 4% for anything that's eligible.
What to do when transaction not going through due to FA?
Human @ fraud prevention line is 877-575-0462 (to verify charges if locked out) (Update 3-3-15 - Phone number no longer in service per this post)
Automated response number: 800-446-0664
Wells Fargo Platinum 5x at Grocery-Gas-Drugstores(2016 onwards)
Jun 22, 2016, 7:03 pm
#616
Join Date: Oct 2014
Programs: All of them
Posts: 1,664
Otherwise I'm down to get one every year and make $2500-3000 off of it.
Jun 22, 2016, 8:46 pm
#617
Join Date: Feb 2016
Location: Northeastern United States
Posts: 597
It's not getting out of bed to do it. It's the extras 5 mins to grab and VGC or two on the way to the register when doing normal grocery shopping and turning them into MOs when I pick up my mail at my PO box daily. I'll take an extra $4-5K a year for adding very little extra time and energy to my daily tasks.
Jun 22, 2016, 9:04 pm
#618
Join Date: Oct 2014
Programs: All of them
Posts: 1,664
It's not getting out of bed to do it. It's the extras 5 mins to grab and VGC or two on the way to the register when doing normal grocery shopping and turning them into MOs when I pick up my mail at my PO box daily. I'll take an extra $4-5K a year for adding very little extra time and energy to my daily tasks.
Jun 22, 2016, 11:15 pm
#619
Join Date: Dec 2015
Posts: 64
If you're going balls out maybe, but I'm 132 days in on my second consecutive 5% WF card and I've been fine. 7-10K of $13K CL a month with about 3/4 of it being VGCs at grocery stores and CVS. I know I'm not cycling the CL multiple times a month like some, but I've gotten no warning or shut down as of yet so I don't think it's fair to assume this card isn't worth getting anymore.
everyone and their uncles got the shutdown but i'm still going.
if i get shutdown, i can live with it, everything comes to an end.
i dont even care of the $$$ ($5.95) i spent on GC's, i get fuelperks for that, i pay $0.10 (10cnets) per 20 gals.
$1000 VGC = $5.95 x 2 = $11.90, for every $11.90 i spend on $1000 VGC i get $2 off per gal up to 20gals. gas right now where i live is $2.09, so i only pay $2.09-2 = $0.09 per gal. (times 20 gal = $1.8)
if the gas goes down below $2 /gal, i only pay $0.10 for 20 gals.
i see it as a win -win and i've made so much money 0n this card that even if i spend $2000 worth of ($5.95) VGC for 1 month and gets shutdown, i still come out ahead.
yes i've bought from wal mart, it was a case of mistakenly pulling out the wrong card, meant to pull a cap1 venture to meet spending and pulled out the WF 5%, only did it once though.
Jun 22, 2016, 11:55 pm
#620
Join Date: Oct 2014
Posts: 34
I could be wrong but I have a feeling that the accounts got shut down are mostly 5x reward card because WF wants to keep this product and tries to discipline it, while the 5% cash back card is dead and the grandfathered accounts are relatively still on the loose.
Jun 23, 2016, 3:48 am
#621
Join Date: Feb 2016
Location: Northeastern United States
Posts: 597
I've never bought a GC at WM as there wasn't really a need to. I have two grocery stores and three drug stores that are closer to me than WM so there isn't really a need for me to buy them at WM.
Jun 23, 2016, 6:08 am
#622
Join Date: Aug 2013
Posts: 1,207
you are wrong
Jun 23, 2016, 6:37 am
#623
Join Date: Oct 2014
Programs: All of them
Posts: 1,664
Perhaps that's the reason you're still alive, they somehow only noticed large scale MS via WM and overlooked the other sources.
Jun 23, 2016, 8:16 am
#625
Join Date: Aug 2015
Posts: 2,061
nah, got the letter earlier this week... acct has been only over 1 mo spending about $10k all at grocery store. anyone who got the letter & still get pending pts posted/credited?
Jun 23, 2016, 11:28 am
#626
Join Date: Feb 2016
Posts: 55
I got the letter about 2 weeks before the end of the billing cycle and my points did post. Card was cancelled by WF about a day or two later. Card was in use about a month with about $10k in spending as well.
Jun 23, 2016, 3:33 pm
#627
Join Date: Aug 2015
Posts: 2,061
oh well, mine could likely be in the same fate... too bad, a johnnie-come-lately here...congrats to folks who reaped the benefits from $M spending
Last edited by danhouston; Jun 23, 2016 at 3:39 pm
Jul 5, 2016, 12:54 pm
#629
Join Date: Dec 2007
Location: PDX
Programs: AA,DL,BA,UA,SPG, and any other free trip!
Posts: 1,803
looks like mine is on the verge of being shutdown. I logged in this AM and it says card ending in 1234 has been termporarily restricted. I haven't used the card in days either, so I know its not a general fraud block. I called the number and they referred me to another number -888-231-0757 - LOSS PREVENTION 
Jul 5, 2016, 12:57 pm
#630
Join Date: Sep 2015
Posts: 285
looks like mine is on the verge of being shutdown. I logged in this AM and it says card ending in 1234 has been termporarily restricted. I haven't used the card in days either, so I know its not a general fraud block. I called the number and they referred me to another number -888-231-0757 - LOSS PREVENTION
How much spend have you put on the card?