Wells Fargo 5X rewards cap

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Old Feb 6, 17, 3:15 pm   -   Wikipost
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Last edit by: muji
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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
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Old Aug 1, 14, 11:09 pm
  #991  
 
Join Date: Jul 2014
Posts: 31
Rewards site been down for over a week. Starting to get a little nervous...
Kevster402 is offline  
Old Aug 2, 14, 12:36 am
  #992  
 
Join Date: Jun 2013
Posts: 83
Originally Posted by Kevster402 View Post
Rewards site been down for over a week. Starting to get a little nervous...
it looks like they have a new rewards page, a new design
so maybe they are upgrading their rewards system; I guess no need to worry but a little bit more patience.
ziwei is offline  
Old Aug 2, 14, 8:23 am
  #993  
 
Join Date: Aug 2013
Posts: 46
Weird.. I got an email this morning - "A new redemption has been processed" for $25. Still not able to login to rewards website and see what is going on. My cycle closes on 8/7. Expecting lot more rewards than $25. I guess they are testing the site. Hope all my pending rewards are still there.
geewitz71 is offline  
Old Aug 2, 14, 9:30 am
  #994  
 
Join Date: Sep 2012
Location: Upstate NY
Programs: Hilton honors. Club Carlson UA AA
Posts: 21
Originally Posted by teddy25 View Post
Update: reward $ are now pending as of 7/30. I think they took down the website to fix this issue.
Mine have finally showed up as well.
Rob14 is offline  
Old Aug 2, 14, 11:32 am
  #995  
 
Join Date: Jul 2014
Posts: 31
Originally Posted by Rob14 View Post
Mine have finally showed up as well.
Mine showed up originally, just no way to redeem to my bank account because I can't access the site.
Kevster402 is offline  
Old Aug 2, 14, 4:50 pm
  #996  
 
Join Date: Jul 2014
Posts: 31
Rewards site is back up as of now. Just redeemed to my bank account.
Kevster402 is offline  
Old Aug 3, 14, 1:09 pm
  #997  
 
Join Date: Aug 2013
Posts: 46
Anyone is churning this card, recently? Any issues? I am planning to, as this is my last month with 5%.
geewitz71 is offline  
Old Aug 3, 14, 6:08 pm
  #998  
 
Join Date: Oct 2012
Posts: 969
Originally Posted by geewitz71 View Post
Anyone is churning this card, recently? Any issues? I am planning to, as this is my last month with 5%.
Didn't know it was possible to churn the 5% card. Thought all reports were second card was only 1% regardless of offer you apply for. Have things changed?
farwest101 is offline  
Old Aug 3, 14, 8:06 pm
  #999  
 
Join Date: Feb 2006
Location: Coppell, TX
Programs: AA EXP (1M+), HH Diamond, Hyatt Diamond
Posts: 385
Originally Posted by Kevster402 View Post
Rewards site is back up as of now. Just redeemed to my bank account.
What does the collective brain trust think of redeeming the points (I have the 5x points version) for a physical check or directly into my WF checking/savings account? I have about 500k points ready to redeem. It doesn't seem like one redemption option (direct into checking account vs physical check) is better / worse than the other.
edbyu is offline  
Old Aug 4, 14, 5:53 am
  #1000  
 
Join Date: Apr 2013
Posts: 535
Originally Posted by edbyu View Post
What does the collective brain trust think of redeeming the points (I have the 5x points version) for a physical check or directly into my WF checking/savings account? I have about 500k points ready to redeem. It doesn't seem like one redemption option (direct into checking account vs physical check) is better / worse than the other.
I would go with directly into a checking account. You have spent 2.5 million on this card??
zeppoloveskafka is offline  
Old Aug 4, 14, 6:31 am
  #1001  
 
Join Date: Feb 2006
Location: Coppell, TX
Programs: AA EXP (1M+), HH Diamond, Hyatt Diamond
Posts: 385
Originally Posted by zeppoloveskafka View Post
I would go with directly into a checking account. You have spent 2.5 million on this card??
Ha. No way have I spent $2.5M USD. More like $100,000 spend x 5% rebate x 100 = 500,000 points.

Any issues with redeeming the full 500,000 points all at once? The site seems to limit you to 10 redemptions of $250 (10 x $250 = $2,500). I could do this redemption twice on the same order for the full $5k (2 x 10 x $250 = $5,000).

Also - what WF refers to as "account credits" (redeeming directly into a WF checking/savings account), the fine print states that account credits can take 4-6 weeks to post. Does it really take that long?

Last edited by edbyu; Aug 4, 14 at 6:49 am
edbyu is offline  
Old Aug 4, 14, 7:38 am
  #1002  
 
Join Date: Aug 2013
Posts: 46
Originally Posted by edbyu View Post

Also - what WF refers to as "account credits" (redeeming directly into a WF checking/savings account), the fine print states that account credits can take 4-6 weeks to post. Does it really take that long?
It takes only a day or two to get credited to bank account.
geewitz71 is offline  
Old Aug 4, 14, 8:49 am
  #1003  
 
Join Date: Jul 2013
Posts: 1,033
Originally Posted by edbyu View Post
Ha. No way have I spent $2.5M USD. More like $100,000 spend x 5% rebate x 100 = 500,000 points.

Any issues with redeeming the full 500,000 points all at once? The site seems to limit you to 10 redemptions of $250 (10 x $250 = $2,500). I could do this redemption twice on the same order for the full $5k (2 x 10 x $250 = $5,000).

Also - what WF refers to as "account credits" (redeeming directly into a WF checking/savings account), the fine print states that account credits can take 4-6 weeks to post. Does it really take that long?
I hope that all those points are for 1 month. If not, your an idiot. Redeem them right when the statement closes. A friend of mine lost a lot when he had his prior month unredeemed and they closed his account.
ibleed0range is offline  
Old Aug 4, 14, 10:17 am
  #1004  
 
Join Date: Feb 2006
Location: Coppell, TX
Programs: AA EXP (1M+), HH Diamond, Hyatt Diamond
Posts: 385
Originally Posted by ibleed0range View Post
I hope that all those points are for 1 month. If not, your an idiot. Redeem them right when the statement closes. A friend of mine lost a lot when he had his prior month unredeemed and they closed his account.
I'm glad I'm not an idiot.
edbyu is offline  
Old Aug 4, 14, 10:19 am
  #1005  
 
Join Date: Apr 2013
Posts: 535
oops...long weekend and rusty math. Yeah, it only takes a couple days. I usually do 3 redemptions at a time (a 250, 100, and 25) so I can get my balance under 25. Presumably the goal is to have less humans see this large number, and I think to the checking account is best plan. Paying off the credit card is a bad idea if it means you are "overpaying".
zeppoloveskafka is offline  

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