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
Apr 30, 2015, 10:56 am
#1381
Join Date: Oct 2014
Programs: All of them
Posts: 1,664
This might work for small MSing. Churning CL means having to go into the branch multiple times a week to pay off the CC with MOs. That's a recipe for disaster, as most "normal" people aren't paying off their CC that frequently and will invite questions and scrutiny. As many have mentioned before, although we are doing nothing wrong, inviting more eyes to your account(s) increases the risk of being shut down.
Last edited by littlewinglet; Apr 30, 2015 at 11:03 am
May 1, 2015, 5:03 am
#1382
Join Date: Mar 2014
Posts: 33
Interesting. Well I guess as long as they do in fact issue Platinum cards then there is hope. Did you have an existing relationship with WF? and if i did have to open a checking account to establish a relationship with WF i wonder how long the checking account would have to be open before they would approve a credit card?
May 7, 2015, 11:08 pm
#1383
formerly mattrendell27
Join Date: Feb 2015
Location: DFW
Posts: 162
Just got approved for WF Cash Back with 5k CL. Waiting for card to arrive in the mail to start hitting the 5%.
Planning on mostly buying VGC's at CVS/Walgreens and mix in a little grocery store when I'm out of town (I would do more grocery store but there aren't any in my area that sell $500 GC's). Then buy MO's with the VGC's.
When you guys go to WF branch with MO's do you usually ask to pay CC bill directly with the MO's or do you simply ask to deposit them into checking account and then go home and pay off CC?
And if you deposit them into checking account are the funds available to pay CC bill immediately?
Also, what about depositing MO's at WF ATM? Would that clear the checking account immediately or would it be slower than handing them to teller?
Ever get any questions/remarks from the tellers about why so many MO's and where they are coming from? I have 7 WF branches within 7-8 mile radius of my house so I'm hoping if I spread my visits across all of them hopefully no one teller will see me often enough to scrutinize me.
Planning on mostly buying VGC's at CVS/Walgreens and mix in a little grocery store when I'm out of town (I would do more grocery store but there aren't any in my area that sell $500 GC's). Then buy MO's with the VGC's.
When you guys go to WF branch with MO's do you usually ask to pay CC bill directly with the MO's or do you simply ask to deposit them into checking account and then go home and pay off CC?
And if you deposit them into checking account are the funds available to pay CC bill immediately?
Also, what about depositing MO's at WF ATM? Would that clear the checking account immediately or would it be slower than handing them to teller?
Ever get any questions/remarks from the tellers about why so many MO's and where they are coming from? I have 7 WF branches within 7-8 mile radius of my house so I'm hoping if I spread my visits across all of them hopefully no one teller will see me often enough to scrutinize me.
May 8, 2015, 7:32 am
#1384
Join Date: Jul 2013
Posts: 1,036
Just got approved for WF Cash Back with 5k CL. Waiting for card to arrive in the mail to start hitting the 5%.
Planning on mostly buying VGC's at CVS/Walgreens and mix in a little grocery store when I'm out of town (I would do more grocery store but there aren't any in my area that sell $500 GC's). Then buy MO's with the VGC's.
When you guys go to WF branch with MO's do you usually ask to pay CC bill directly with the MO's or do you simply ask to deposit them into checking account and then go home and pay off CC?
And if you deposit them into checking account are the funds available to pay CC bill immediately?
Also, what about depositing MO's at WF ATM? Would that clear the checking account immediately or would it be slower than handing them to teller?
Ever get any questions/remarks from the tellers about why so many MO's and where they are coming from? I have 7 WF branches within 7-8 mile radius of my house so I'm hoping if I spread my visits across all of them hopefully no one teller will see me often enough to scrutinize me.
Planning on mostly buying VGC's at CVS/Walgreens and mix in a little grocery store when I'm out of town (I would do more grocery store but there aren't any in my area that sell $500 GC's). Then buy MO's with the VGC's.
When you guys go to WF branch with MO's do you usually ask to pay CC bill directly with the MO's or do you simply ask to deposit them into checking account and then go home and pay off CC?
And if you deposit them into checking account are the funds available to pay CC bill immediately?
Also, what about depositing MO's at WF ATM? Would that clear the checking account immediately or would it be slower than handing them to teller?
Ever get any questions/remarks from the tellers about why so many MO's and where they are coming from? I have 7 WF branches within 7-8 mile radius of my house so I'm hoping if I spread my visits across all of them hopefully no one teller will see me often enough to scrutinize me.
May 13, 2015, 10:44 am
#1385
Join Date: Sep 2005
Location: CVG
Programs: AAdvantage, Delta Skymiles, CapOne Venture, Citi ThankYou
Posts: 486
Closed Checking
I got a note on my account today about half way through an MS run:
Use of account ending in #### is temporarily restricted. Please call us at 1-800-723-5533
I called into the CC Fraud Department. I had verified transactions with them earlier in the day and did it again when I got a call from the automated line. They reviewed the account and said the issue was with checking account and transferred me to another department.
I was informed that my checking account was being closed and that a letter was issued to me. The funds in that account will be refunded to me via cashier's check. I asked if I could pick up the check at a WF branch but she said I'd have to call tomorrow to determine that. She would provide no reason for the closure.
There are a few things that are unclear to me at this point. I'm not certain if my WF CC is closed as well. She could not address that question and Fraud didn't say anything.
I'm unclear if I can bill pay the existing funds to my WF CC. Transfers are definitely shut down but it will allow bill pay still. I'l likely make the attempt.
Just as a data point I've been using the WF hard for approximately 6 weeks. I uses a variety of funding methods including external transfers to checking and teller deposits to checking. I push billpay to the CC regularly and transfer from checking to CC as my normal means to pay the CC balance.
If anyone has any experience with a checking shut down I'm all ears.
Use of account ending in #### is temporarily restricted. Please call us at 1-800-723-5533
I called into the CC Fraud Department. I had verified transactions with them earlier in the day and did it again when I got a call from the automated line. They reviewed the account and said the issue was with checking account and transferred me to another department.
I was informed that my checking account was being closed and that a letter was issued to me. The funds in that account will be refunded to me via cashier's check. I asked if I could pick up the check at a WF branch but she said I'd have to call tomorrow to determine that. She would provide no reason for the closure.
There are a few things that are unclear to me at this point. I'm not certain if my WF CC is closed as well. She could not address that question and Fraud didn't say anything.
I'm unclear if I can bill pay the existing funds to my WF CC. Transfers are definitely shut down but it will allow bill pay still. I'l likely make the attempt.
Just as a data point I've been using the WF hard for approximately 6 weeks. I uses a variety of funding methods including external transfers to checking and teller deposits to checking. I push billpay to the CC regularly and transfer from checking to CC as my normal means to pay the CC balance.
If anyone has any experience with a checking shut down I'm all ears.
May 13, 2015, 10:58 am
#1386
Join Date: Sep 2013
Posts: 877
I got a note on my account today about half way through an MS run:
Use of account ending in #### is temporarily restricted. Please call us at 1-800-723-5533
I called into the CC Fraud Department. I had verified transactions with them earlier in the day and did it again when I got a call from the automated line. They reviewed the account and said the issue was with checking account and transferred me to another department.
I was informed that my checking account was being closed and that a letter was issued to me. The funds in that account will be refunded to me via cashier's check. I asked if I could pick up the check at a WF branch but she said I'd have to call tomorrow to determine that. She would provide no reason for the closure.
There are a few things that are unclear to me at this point. I'm not certain if my WF CC is closed as well. She could not address that question and Fraud didn't say anything.
I'm unclear if I can bill pay the existing funds to my WF CC. Transfers are definitely shut down but it will allow bill pay still. I'l likely make the attempt.
Just as a data point I've been using the WF hard for approximately 6 weeks. I uses a variety of funding methods including external transfers to checking and teller deposits to checking. I push billpay to the CC regularly and transfer from checking to CC as my normal means to pay the CC balance.
If anyone has any experience with a checking shut down I'm all ears.
Use of account ending in #### is temporarily restricted. Please call us at 1-800-723-5533
I called into the CC Fraud Department. I had verified transactions with them earlier in the day and did it again when I got a call from the automated line. They reviewed the account and said the issue was with checking account and transferred me to another department.
I was informed that my checking account was being closed and that a letter was issued to me. The funds in that account will be refunded to me via cashier's check. I asked if I could pick up the check at a WF branch but she said I'd have to call tomorrow to determine that. She would provide no reason for the closure.
There are a few things that are unclear to me at this point. I'm not certain if my WF CC is closed as well. She could not address that question and Fraud didn't say anything.
I'm unclear if I can bill pay the existing funds to my WF CC. Transfers are definitely shut down but it will allow bill pay still. I'l likely make the attempt.
Just as a data point I've been using the WF hard for approximately 6 weeks. I uses a variety of funding methods including external transfers to checking and teller deposits to checking. I push billpay to the CC regularly and transfer from checking to CC as my normal means to pay the CC balance.
If anyone has any experience with a checking shut down I'm all ears.
Did you push money into your WF checking account or did you pull money into it?
Could you describe the amounts and frequency of pulls/pushes/transfers.
May 13, 2015, 11:15 am
#1387
Join Date: Sep 2005
Location: CVG
Programs: AAdvantage, Delta Skymiles, CapOne Venture, Citi ThankYou
Posts: 486
I have multiple bank accounts. I did have one non-WF that was quick about pushing money to WF checking and used that up to it's monthly 30k limit.
If I had to guess, I'd say I got the second look for MO deposits to checking via bank teller. Same girl each time and she did ask questions. I would drop 10-12k weekly in MO and one deposit per week as the branch was not close.
The majority of payments were bill pay pushed from a bank to WF CC. I did follow each of these up with faxes to the High Dollar desk showing they'd cleared so they would release the payment holds.
WF web says my CC is restricted but it's unclear if it is a checking closure only or checking and CC.
I've never overpaid my account to a credit balance. I did exceed the revolving limit on the card very recently when an agent deleted an authorization by mistake (I think) but paid it immediately.
Hope that helps and I'll update when I know more.
May 13, 2015, 11:23 am
#1388
Join Date: May 2015
Posts: 441
I have multiple bank accounts. I did have one non-WF that was quick about pushing money to WF checking and used that up to it's monthly 30k limit.
If I had to guess, I'd say I got the second look for MO deposits to checking via bank teller. Same girl each time and she did ask questions. I would drop 10-12k weekly in MO and one deposit per week as the branch was not close.
The majority of payments were bill pay pushed from a bank to WF CC. I did follow each of these up with faxes to the High Dollar desk showing they'd cleared so they would release the payment holds.
WF web says my CC is restricted but it's unclear if it is a checking closure only or checking and CC.
I've never overpaid my account to a credit balance. I did exceed the revolving limit on the card very recently when an agent deleted an authorization by mistake (I think) but paid it immediately.
Hope that helps and I'll update when I know more.
If I had to guess, I'd say I got the second look for MO deposits to checking via bank teller. Same girl each time and she did ask questions. I would drop 10-12k weekly in MO and one deposit per week as the branch was not close.
The majority of payments were bill pay pushed from a bank to WF CC. I did follow each of these up with faxes to the High Dollar desk showing they'd cleared so they would release the payment holds.
WF web says my CC is restricted but it's unclear if it is a checking closure only or checking and CC.
I've never overpaid my account to a credit balance. I did exceed the revolving limit on the card very recently when an agent deleted an authorization by mistake (I think) but paid it immediately.
Hope that helps and I'll update when I know more.
May 13, 2015, 11:30 am
#1389
Join Date: Sep 2005
Location: CVG
Programs: AAdvantage, Delta Skymiles, CapOne Venture, Citi ThankYou
Posts: 486
At this juncture I'm just hoping they leave the CC open and only close checking. It will slow me down a bit but I can deal with that.
May 14, 2015, 12:38 pm
#1390
Join Date: Sep 2005
Location: CVG
Programs: AAdvantage, Delta Skymiles, CapOne Venture, Citi ThankYou
Posts: 486
Just following up.
Account closure was checking only. Credit card is still alive.
Offhand does anyone know how long it takes a payment made at a WF ATM to become available on the credit card?
Account closure was checking only. Credit card is still alive.
Offhand does anyone know how long it takes a payment made at a WF ATM to become available on the credit card?
May 14, 2015, 12:58 pm
#1391
Join Date: Aug 2012
Posts: 142
I'm one of the recent OBC casualties.
Been following this thread closely as I knew my day would come. Anyway, I don't have a WF branch within an hour's drive. Still worth it, and what's the best route to move forward if I have zero relationship with WF? Thanks.
Been following this thread closely as I knew my day would come. Anyway, I don't have a WF branch within an hour's drive. Still worth it, and what's the best route to move forward if I have zero relationship with WF? Thanks.
May 14, 2015, 1:01 pm
#1392
Join Date: Feb 2014
Posts: 825
May 14, 2015, 3:05 pm
#1393
Join Date: Mar 2015
Programs: "You are now known as the Lebron James of DYKWIA/Delta/FT" -Thoiboi
Posts: 59
May 14, 2015, 4:38 pm
#1394
Join Date: Oct 2011
Posts: 54
I've noticed my credit line is immediately available following initiating payment from WF checking, even though the payment doesn't eliminate the balance until the following day - is it safe to go out and begin using it the same day the payment is made or have others noticed issues with this?
Forgive me for not checking all 100+ pages and searching the thread returned a ton of results. TIA
Forgive me for not checking all 100+ pages and searching the thread returned a ton of results. TIA
May 14, 2015, 8:07 pm
#1395
Join Date: May 2015
Posts: 441
I've noticed my credit line is immediately available following initiating payment from WF checking, even though the payment doesn't eliminate the balance until the following day - is it safe to go out and begin using it the same day the payment is made or have others noticed issues with this?
Forgive me for not checking all 100+ pages and searching the thread returned a ton of results. TIA
Forgive me for not checking all 100+ pages and searching the thread returned a ton of results. TIA