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
Aug 2, 2014, 12:36 am
#992
Join Date: Jun 2013
Posts: 85
Aug 2, 2014, 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.
Aug 3, 2014, 6:08 pm
#998
Join Date: Oct 2012
Posts: 970
Aug 3, 2014, 8:06 pm
#999
Join Date: Feb 2006
Location: Coppell, TX
Programs: AA EXP (1M+), HH Diamond, Hyatt Diamond
Posts: 384
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.
Aug 4, 2014, 5:53 am
#1000
Join Date: Apr 2013
Posts: 584
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.
Aug 4, 2014, 6:31 am
#1001
Join Date: Feb 2006
Location: Coppell, TX
Programs: AA EXP (1M+), HH Diamond, Hyatt Diamond
Posts: 384
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, 2014 at 6:49 am
Aug 4, 2014, 7:38 am
#1002
Join Date: Aug 2013
Posts: 46
Aug 4, 2014, 8:49 am
#1003
Join Date: Jul 2013
Posts: 1,036
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?
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?
Aug 4, 2014, 10:17 am
#1004
Join Date: Feb 2006
Location: Coppell, TX
Programs: AA EXP (1M+), HH Diamond, Hyatt Diamond
Posts: 384
Aug 4, 2014, 10:19 am
#1005
Join Date: Apr 2013
Posts: 584
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".