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
Jun 16, 2014, 4:09 pm
#826
Join Date: Aug 2013
Posts: 240
I have been warned by Wells Fargo 3x now about overpayments. I have not made additional overpayments (paying the balance into the negative) since my first warning. I have 60 days left on the intro 5%. I need spoonfeeding as to what I should do from here. Spoon feed me! *mouth wide opened.*
Jun 16, 2014, 7:28 pm
#827
Suspended
Join Date: May 2012
Location: ORD
Programs: AA, UA, AS, DL, BA, F9, IHG Plat, HH Gold, CC Gold, SPG Gold, MR Silver
Posts: 1,786
I have been warned by Wells Fargo 3x now about overpayments. I have not made additional overpayments (paying the balance into the negative) since my first warning. I have 60 days left on the intro 5%. I need spoonfeeding as to what I should do from here. Spoon feed me! *mouth wide opened.*
Jun 17, 2014, 10:44 am
#828
Join Date: Sep 2012
Location: IAD/DCA
Programs: Bunch of mid-tiers
Posts: 1,034
I have been warned by Wells Fargo 3x now about overpayments. I have not made additional overpayments (paying the balance into the negative) since my first warning. I have 60 days left on the intro 5%. I need spoonfeeding as to what I should do from here. Spoon feed me! *mouth wide opened.*
Jun 17, 2014, 12:20 pm
#829
Join Date: Aug 2013
Posts: 240
I think that I mostly just have to pray.
One thing to note (may have been obvious to some) is that part of Wells Fargo threatening to close account is an empty threat. Since we are just 60 days away from the end of the promotion, Wells Fargo isn't terribly far away from having paid "the cost" to acquire a new customer. Logically, they do want to get to that point. I think that they would have some tolerance for letting me charge more than the credit limit each month. You see, they want to get to the profitable "side" of having a new customer when they are paying out only 1% in rewards and making money.
Jun 17, 2014, 2:07 pm
#831
Join Date: Jul 2013
Posts: 1,036
I read a comment on milesprofessor that this phone gives you free phone insurance for stolen or damaged phone as long as you pay your monthly bill with the credit card. Probably doesn't make sense for a lot of people if you can get 5x with Ink, but i have an iphone 5s with virgin mobile. I paid like $550 for the phone but my plan is only $32.30 a month. I'm not gaining that much by paying with my Ink vs having phone insurance up to $600 2x per year with only $25 deductible and it costs me nothing.
Jun 17, 2014, 2:09 pm
#832
Join Date: Oct 2013
Programs: Hyatt Globalist No More..., Hyatt Explorist, Hilton Diamond, SPG Platinum, Marriott Platinum
Posts: 4,375
I read a comment on milesprofessor that this phone gives you free phone insurance for stolen or damaged phone as long as you pay your monthly bill with the credit card. Probably doesn't make sense for a lot of people if you can get 5x with Ink, but i have an iphone 5s with virgin mobile. I paid like $550 for the phone but my plan is only $32.30 a month. I'm not gaining that much by paying with my Ink vs having phone insurance up to $600 2x per year with only $25 deductible and it costs me nothing.
Jun 17, 2014, 3:02 pm
#833
Join Date: Jul 2013
Posts: 1,036
Jun 17, 2014, 3:28 pm
#835
Join Date: Oct 2013
Programs: Hyatt Globalist No More..., Hyatt Explorist, Hilton Diamond, SPG Platinum, Marriott Platinum
Posts: 4,375
Jun 17, 2014, 8:02 pm
#836
Join Date: Sep 2012
Location: IAD/DCA
Programs: Bunch of mid-tiers
Posts: 1,034
Yes, but due to a fraud item. I could not use my card during this. I had to call in, no issue.
Jun 18, 2014, 3:36 pm
#840
Suspended
Join Date: May 2012
Location: ORD
Programs: AA, UA, AS, DL, BA, F9, IHG Plat, HH Gold, CC Gold, SPG Gold, MR Silver
Posts: 1,786