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 26, 2014, 12:14 pm
#1216
Join Date: Jul 2013
Posts: 1,036
Dec 26, 2014, 8:05 pm
#1217
Join Date: Jul 2010
Programs: AA,DL,SPG,Hyatt
Posts: 141
I was just trying to make a payment by transferring from my WF checking account and got the following message. This is first time I got this and I don't see any other sign. Any idea what this is?
"You currently have no eligible To account(s) for the From account you selected."
thanks!
"You currently have no eligible To account(s) for the From account you selected."
thanks!
Dec 27, 2014, 9:11 am
#1218
Join Date: Feb 2012
Location: Los Angles
Posts: 2,101
I now get
"Alert Use of account ending in ***5 is temporarily restricted. Please call us at 1-800-642-4720"
and
Total Credit Limit $2,500.00
Outstanding Balance $326.69
Available Credit $150.00
Last Statement Balance 12/24/14 $2,024.95
Branch payment on 12/24 of $1699.30 shows (pending)
however yesterday's (12/26) purchase ($2000+) did go through.
"Alert Use of account ending in ***5 is temporarily restricted. Please call us at 1-800-642-4720"
and
Total Credit Limit $2,500.00
Outstanding Balance $326.69
Available Credit $150.00
Last Statement Balance 12/24/14 $2,024.95
Branch payment on 12/24 of $1699.30 shows (pending)
however yesterday's (12/26) purchase ($2000+) did go through.
Dec 27, 2014, 12:43 pm
#1219
Join Date: Oct 2014
Posts: 3
Same thing happened to me in NOvember. You just need to call and they will ask you to verify the transactions and payments. One thing I did on the call was begin to make small talk with the CSR Rep (asking where she was located, weather, etc.) and that seemed to deflect questions. My account was unlocked and I've been using ever since.
Jan 1, 2015, 5:10 pm
#1220
Join Date: Jan 2013
Programs: AA, SPG, MR, UR, Cash Back!
Posts: 606
FYI, I called WF because I wanted to verify I would qualify for the 5% bonus for 6 months. I had an old card with WF that had not been used for years.
As we all know, the terms says this:
Eligibility for Introductory Rate(s), Fees, and Bonus Rewards Offers: If you currently have an open credit card account or a closed credit card account with a balance issued by Wells Fargo Bank, N.A., you may not be eligible for the above introductory APR(s) and fees or the bonus rewards offers described below.
The credit person confirmed that if you have NOT HAD A BALANCE in the LAST 6 MONTHS on a credit card with WF, that you DO QUALIFY for the bonus rewards offer.
Whether that means you can close and reopen/churn this card every year is still up in the air, however.
As we all know, the terms says this:
Eligibility for Introductory Rate(s), Fees, and Bonus Rewards Offers: If you currently have an open credit card account or a closed credit card account with a balance issued by Wells Fargo Bank, N.A., you may not be eligible for the above introductory APR(s) and fees or the bonus rewards offers described below.
The credit person confirmed that if you have NOT HAD A BALANCE in the LAST 6 MONTHS on a credit card with WF, that you DO QUALIFY for the bonus rewards offer.
Whether that means you can close and reopen/churn this card every year is still up in the air, however.
I also called and spoke to a new credit card CSR. He told me as long as I don't have a Visa card that I could qualify for the 5x rewards card.
FWIW I have a store card that is serviced by WF.
Jan 6, 2015, 8:16 am
#1222
Join Date: Aug 2013
Posts: 415
Jan 9, 2015, 5:32 am
#1223
Join Date: Jul 2010
Programs: AA,DL,SPG,Hyatt
Posts: 141
hi guys,
typically, when I pay the credit card, the available credit updates accordingly.
However, my recent payments in past few days have not been reflected. is this a bad sign?
I've been MSing 10k - 15k monthly in past few month.
typically, when I pay the credit card, the available credit updates accordingly.
However, my recent payments in past few days have not been reflected. is this a bad sign?
I've been MSing 10k - 15k monthly in past few month.
Jan 13, 2015, 6:54 pm
#1224
Join Date: Aug 2014
Location: NoVa
Posts: 29
I was doing that volume for my whole 6 mo, no problems. Have you been paying from a WF checking acct? My six months ends Thursday, ramped up in the last month and a half, I think the key is to always pay from a WF checking.
Jan 14, 2015, 7:27 am
#1225
Join Date: Oct 2014
Programs: All of them
Posts: 1,664
With the new terms (excluding GCs from earning points) going into effect starting tomorrow, anyone with a sizable pending rewards balance would be wise to let off and let those points clear next statement. Even if their system doesn't flag GCs automatically, the new terms give them powers to shut down accounts and forfeit points, if they choose to do a manual review.
Jan 14, 2015, 9:22 am
#1226
Join Date: Aug 2013
Posts: 78
I've done as high as 150k/mo. Payments are instant from a WF checking account, and you CAN cycle the credit limit multiple times, but you have to wait for the charges to post first. What they don't like is people pre-paying more than the posted charges on the card...in a way turning it into a debit card. This is what a CSR told me once.
With the new terms (excluding GCs from earning points) going into effect starting tomorrow, anyone with a sizable pending rewards balance would be wise to let off and let those points clear next statement. Even if their system doesn't flag GCs automatically, the new terms give them powers to shut down accounts and forfeit points, if they choose to do a manual review.
With the new terms (excluding GCs from earning points) going into effect starting tomorrow, anyone with a sizable pending rewards balance would be wise to let off and let those points clear next statement. Even if their system doesn't flag GCs automatically, the new terms give them powers to shut down accounts and forfeit points, if they choose to do a manual review.
Jan 16, 2015, 11:20 am
#1227
Join Date: May 2011
Location: NYC
Programs: UA 1K, AS MVP Gold, TK *Gold, HHonors Gold, SPG Plat, Marriott Plat, Hyatt Diamond
Posts: 570
bought today and at least the rewards page shows pending rewards. Hopefully the gravy train continues.
Kudos to the guy who said he did 150k in a month! That's a sweet 7.5k (minus t-cost)!!
Kudos to the guy who said he did 150k in a month! That's a sweet 7.5k (minus t-cost)!!
Jan 16, 2015, 11:34 am
#1228
Join Date: Oct 2014
Programs: All of them
Posts: 1,664
How did it go pending on the same day? Mine usually take 2-3 days to post, and then another 12-24hrs for the rewards to be registered.