Apr 10, 2014, 10:55 am
Last edit by: muji
Churnable to get repeated 5x rewards?
Not possible
http://www.flyertalk.com/forum/22871522-post710.html
Update April 16, 2016: Still Not Churnable
http://www.flyertalk.com/forum/credi...l#post26511091
__________________________________________________ _____________
How to pay down CL quickly?
ACH push from other banks to wells fargo checking and then use that to pay credit card
Likely to get shut down if...?
- Have a negative balance
- Have a really high balance
- Cycling several times through your CL
- Calling in and getting caught by human eyes for suspicious activities.
To check what your 5X/5% window is:
In the rewards account, go to My Rewards -> Account Activity and the days left on the promo will show up at the top....looks like a pie chart.
To check which transactions get 5X/5% before your statement posts
Now, to check if new transactions are eligible for 5X before statement closes, go to "My Rewards" on the top and click "Activity" and set the start/end dates. You should see a "bonus earning" for 4% extra cash back for anything that's eligible.
Caps on 5x / 5%??
There are no more caps.
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 was 800-446-0664
Not possible
http://www.flyertalk.com/forum/22871522-post710.html
Update April 16, 2016: Still Not Churnable
http://www.flyertalk.com/forum/credi...l#post26511091
__________________________________________________ _____________
How to pay down CL quickly?
ACH push from other banks to wells fargo checking and then use that to pay credit card
Likely to get shut down if...?
- Have a negative balance
- Have a really high balance
- Cycling several times through your CL
- Calling in and getting caught by human eyes for suspicious activities.
To check what your 5X/5% window is:
In the rewards account, go to My Rewards -> Account Activity and the days left on the promo will show up at the top....looks like a pie chart.
To check which transactions get 5X/5% before your statement posts
Now, to check if new transactions are eligible for 5X before statement closes, go to "My Rewards" on the top and click "Activity" and set the start/end dates. You should see a "bonus earning" for 4% extra cash back for anything that's eligible.
Caps on 5x / 5%??
There are no more caps.
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 was 800-446-0664
Wells Fargo 5X rewards cap
Feb 7, 2016, 9:29 am
#1621
Join Date: Dec 2007
Location: PDX
Programs: AA,DL,BA,UA,SPG, and any other free trip!
Posts: 1,803
Feb 7, 2016, 9:45 am
#1622
formerly mattrendell27
Join Date: Feb 2015
Location: DFW
Posts: 162
Feb 7, 2016, 10:20 am
#1623
Join Date: Dec 2007
Location: PDX
Programs: AA,DL,BA,UA,SPG, and any other free trip!
Posts: 1,803
No, delay...they show up in a few hours, or the next day. ..it's a fluke in their system. You'll get ur points soon. Patience grasshopper hehe
Feb 7, 2016, 11:30 am
#1624
formerly mattrendell27
Join Date: Feb 2015
Location: DFW
Posts: 162
Mar 21, 2016, 9:15 am
#1625
Join Date: Jul 2012
Location: ATL
Programs: All of Them
Posts: 511
I lived overseas for the last three years so I've been licking my chops at this opportunity for a while; moved back stateside last month and set up everything for a smooth operation with WF. Applied two weeks ago with instant approval, received card a week ago and wanted to add some data points here:
Opened Wells Fargo checking in January with wife as joint owner, direct deposited a few times from Bluebird before I lost that a few weeks ago. Applied 3/9 with $8k credit line instant approval, card received in mail 3/14.
First week I made several $500-$2k purchases, all approved no FA.
Paid bill from WF Checking and credit available instantly increased with payment pending for 1 day.
Go Far Rewards website shows no activity on my account for transactions that have posted, maybe WIKI should be updated or, with the new site taking affect this last weekend nothing will show until statement closes; or I just need to wait a few more days.
Unreal this gravy train is still rolling and WF has not rolled back from the uncapped portion. I know several friends who have taken them to town for high 5 and low 6 figures. I know some of you have probably done more. Anyone see significant changes with the supposedly new rewards system that went in to affect 3/19?
Opened Wells Fargo checking in January with wife as joint owner, direct deposited a few times from Bluebird before I lost that a few weeks ago. Applied 3/9 with $8k credit line instant approval, card received in mail 3/14.
First week I made several $500-$2k purchases, all approved no FA.
Paid bill from WF Checking and credit available instantly increased with payment pending for 1 day.
Go Far Rewards website shows no activity on my account for transactions that have posted, maybe WIKI should be updated or, with the new site taking affect this last weekend nothing will show until statement closes; or I just need to wait a few more days.
Unreal this gravy train is still rolling and WF has not rolled back from the uncapped portion. I know several friends who have taken them to town for high 5 and low 6 figures. I know some of you have probably done more. Anyone see significant changes with the supposedly new rewards system that went in to affect 3/19?
Mar 21, 2016, 9:26 am
#1626
Join Date: Dec 2015
Posts: 64
Mar 24, 2016, 10:51 am
#1629
Join Date: Oct 2015
Posts: 94
I got a non-instant approval with a $2k credit line. Are there any datapoints on how many times you can pay down your balance before drawing suspicion? I'm assuming I can buy 3 VGCs at CVS and get that money into my account the next day. That would mean spending $22k/month on a $2k credit line, will this get me shut down?
Mar 24, 2016, 11:15 am
#1630
Join Date: Jul 2012
Location: ATL
Programs: All of Them
Posts: 511
I got a non-instant approval with a $2k credit line. Are there any datapoints on how many times you can pay down your balance before drawing suspicion? I'm assuming I can buy 3 VGCs at CVS and get that money into my account the next day. That would mean spending $22k/month on a $2k credit line, will this get me shut down?
Apr 4, 2016, 6:25 pm
#1631
Join Date: Oct 2015
Posts: 30
I got a non-instant approval with a $2k credit line. Are there any datapoints on how many times you can pay down your balance before drawing suspicion? I'm assuming I can buy 3 VGCs at CVS and get that money into my account the next day. That would mean spending $22k/month on a $2k credit line, will this get me shut down?
Apr 6, 2016, 7:30 am
#1632
Join Date: Jul 2012
Location: ATL
Programs: All of Them
Posts: 511
I started with $3k but obtained a new limit of $8k. I have been doing 7-8x CL and paying the charges off every day except the weekend. As long as the charges are posted, I will hit the button for payment. There were weeks that I paid everyday, and there were weeks that I walked into different WF branch and paid with WU MO for instant credit availability release. But I have never paid when the charges have NOT posted.
Apr 8, 2016, 10:13 pm
#1633
Join Date: Aug 2015
Posts: 2,061
wish to confirm with folks here that the rewards card & the signature card both have this "Earn 5x points on gas, grocery, and drugstore net purchases for 6 months", and the rewards card also has the 0% apr purchase for 15 months. Correct? TIA
Apr 11, 2016, 12:30 pm
#1634
Join Date: Jun 2006
Location: BOS
Programs: Hyatt Diamond, Mosaic
Posts: 1,050
Apr 12, 2016, 3:20 pm
#1635
Join Date: Mar 2015
Posts: 333
How long was the old card closed? Long enough for record of it to disappear from your WF online account? Also, was it the exact same card or another version of the 5X card (cash vs points for example).
Thanks in advance.