Originally Posted by
cheaptom
I just learned, for a fact, that Chase monitors large purchases at CVS and declines the transaction until I call. Then they specifically asked if I purchased a gift card. This isn't new, as there are lots of posts about how strict Chase is with MS.
But I'm looking for other posts or info about how close does Citi, Barclay, and Amex monitor this? Do they care or shut you down if you buy too many gift cards, etc?
That's not necessarily true. Since pharmacies were a bonus category this quarter for the Freedom, I bought a $500 VGC at Walgreens one day, and 2x$500 VGCs at CVS the next day, and Chase didn't bat an eye. Maxed out my 5x points for Q2 in 2 days. I never had a fraud alert or anything.
If anything, Chase is known to be one of the more lenient banks when it comes to MS.