Originally Posted by
no1speciallll
I have read in these threads that WMBP can be a factor to increase your odds of a shutdown, but what about bill pay from your bank checking account?
The reason I ask is because the reason provided as to why WMBP can be a negative factor is because the payment is anonymous. However I just made a bill pay from my bank account to a CC, and on the CC Payments page, all the payments that were pulled list the name of my bank, but all the payments that are pushed with bill pay, in the section where the bank name should appear, it says Bank Account Not Available as if the CC company doesn’t know where the payment came from.
People get shutdown for heavy MS, not specifically for BP. No CC company ever revealed to anyone the exact triggers for shutdown. I'm guessing heavy credit limit rotation, constant big purchases at one vendor and immediate payoffs is what triggers the review.
I've been shutdown without WMBP, and have had no issues on some accounts with tons of WMBPs.
By now most banks know what MS is, they just need a way to automatically catch it for manual review, and some banks are more savvy about it than others.