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
Dec 23, 2013, 2:28 pm
#166
Join Date: Jul 2013
Posts: 321
Base points and bonus 4x points (total 5x points) show separately in each line few days after the transaction is posted. WF is ridiculously slow on updating transactions/payments. You can check rewards points by clicking on Wells Fargo rewards on the left side and then on the next page click activity (in the top, move the mouse onto one of the tabs to "activity") to see processing points. Points from the current statement won't be posted as available until after the statement closes. I redeemed points from last stmnt to a personal cheque and current points are not posted yet.
Dec 23, 2013, 6:05 pm
#167
Join Date: Jul 2013
Posts: 1,036
Base points and bonus 4x points (total 5x points) show separately in each line few days after the transaction is posted. WF is ridiculously slow on updating transactions/payments. You can check rewards points by clicking on Wells Fargo rewards on the left side and then on the next page click activity (in the top, move the mouse onto one of the tabs to "activity") to see processing points. Points from the current statement won't be posted as available until after the statement closes. I redeemed points from last stmnt to a personal cheque and current points are not posted yet.
Dec 24, 2013, 10:00 am
#168
Join Date: Dec 2008
Posts: 377
WF 5X shutdown
A warning for MSers. I just had my WF checking, savings, and 5X CC accounts closed. My data points: MSed (all 5x categories) 1X my CL the first billing statment, nearly 4x my CL the second, 13+ my CL the third, and about 9 times my CL midway through my fourth billing cycle.
Anyone else been shut down? If so, what was your volume (feel free to PM if you prefer).
Anyone else been shut down? If so, what was your volume (feel free to PM if you prefer).
Dec 24, 2013, 10:03 am
#169
Join Date: Sep 2012
Location: IAD/DCA
Programs: Bunch of mid-tiers
Posts: 1,034
A warning for MSers. I just had my WF checking, savings, and 5X CC accounts closed. My data points: MSed (all 5x categories) 1X my CL the first billing statment, nearly 4x my CL the second, 13+ my CL the third, and about 9 times my CL midway through my fourth billing cycle.
Anyone else been shut down? If so, what was your volume (feel free to PM if you prefer).
Anyone else been shut down? If so, what was your volume (feel free to PM if you prefer).
Dec 24, 2013, 11:29 am
#171
Join Date: Nov 2011
Posts: 1,944
A warning for MSers. I just had my WF checking, savings, and 5X CC accounts closed. My data points: MSed (all 5x categories) 1X my CL the first billing statment, nearly 4x my CL the second, 13+ my CL the third, and about 9 times my CL midway through my fourth billing cycle.
Dec 24, 2013, 7:06 pm
#172
Join Date: Jul 2013
Posts: 321
my CL is 8k. I spent 10k in first month. redeemed the points immediately after posting. currently in 2nd stmnt and already spent 13k. Was planning to do more, but based on above posting, I will slow down. No more MS this month. I was hoping to cash this cow to the max.
Dec 24, 2013, 8:20 pm
#173
Join Date: Jan 2013
Location: LAX, SNA
Posts: 359
I don't have the card, but the person did 13x his CL. That is really pushing it and I'm sure somebody took notice.
Dec 25, 2013, 6:45 am
#174
Join Date: May 2007
Posts: 112
A warning for MSers. I just had my WF checking, savings, and 5X CC accounts closed. My data points: MSed (all 5x categories) 1X my CL the first billing statment, nearly 4x my CL the second, 13+ my CL the third, and about 9 times my CL midway through my fourth billing cycle.
Anyone else been shut down? If so, what was your volume (feel free to PM if you prefer).
Anyone else been shut down? If so, what was your volume (feel free to PM if you prefer).
Dec 25, 2013, 8:29 am
#175
Join Date: Dec 2008
Posts: 377
That is what I suspect. I really dislike WF as a bank -- WF is a pain to deal with, and did anyone see the LA Times investigative story on WF's overbearing sales tactics and the pressure it applies and threats it makes against its employees? -- so there's a part of me that doesn't mind interacting less with WF.
Dec 25, 2013, 2:54 pm
#176
Join Date: Dec 2010
Posts: 1,516
A warning for MSers. I just had my WF checking, savings, and 5X CC accounts closed. My data points: MSed (all 5x categories) 1X my CL the first billing statment, nearly 4x my CL the second, 13+ my CL the third, and about 9 times my CL midway through my fourth billing cycle.
Anyone else been shut down? If so, what was your volume (feel free to PM if you prefer).
Anyone else been shut down? If so, what was your volume (feel free to PM if you prefer).
Dec 25, 2013, 4:35 pm
#177
Join Date: Aug 2009
Location: RDU
Programs: A few
Posts: 5,499
That is what I suspect. I really dislike WF as a bank -- WF is a pain to deal with, and did anyone see the LA Times investigative story on WF's overbearing sales tactics and the pressure it applies and threats it makes against its employees? -- so there's a part of me that doesn't mind interacting less with WF.
Dec 25, 2013, 7:25 pm
#178
Join Date: Dec 2008
Posts: 377
Dec 25, 2013, 8:09 pm
#179
Join Date: Jul 2013
Posts: 1,036
What is the point to not go hard, what are you risking? Your max profit is $84.99 per month at $2k.