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
#1456
Join Date: May 2015
Posts: 441
Hi friends,
i just got this card two month ago and have accumulated almost 40k points. in the welcome material, it says that i can redeem for flight tickets at 1.5 cents/point rate. however, i haven't been to find how to actually do that? anyone has any clue?
is buying flight ticket the best value redemption method?
thanks!
i just got this card two month ago and have accumulated almost 40k points. in the welcome material, it says that i can redeem for flight tickets at 1.5 cents/point rate. however, i haven't been to find how to actually do that? anyone has any clue?
is buying flight ticket the best value redemption method?
thanks!
Thats <$8k spend in 2 months. You only have 6 months with this card. We did more than in a day with this card let alone in 2 months
#1459
Join Date: Jul 2010
Programs: AA,DL,SPG,Hyatt
Posts: 141
#1460
Join Date: Nov 2012
Posts: 116
#1461
Join Date: Jan 2014
Posts: 166
Hi friends,
i just got this card two month ago and have accumulated almost 40k points. in the welcome material, it says that i can redeem for flight tickets at 1.5 cents/point rate. however, i haven't been to find how to actually do that? anyone has any clue?
is buying flight ticket the best value redemption method?
thanks!
i just got this card two month ago and have accumulated almost 40k points. in the welcome material, it says that i can redeem for flight tickets at 1.5 cents/point rate. however, i haven't been to find how to actually do that? anyone has any clue?
is buying flight ticket the best value redemption method?
thanks!
#1462
Join Date: Jul 2015
Posts: 2
Does it take longer for the bonus rewards to show up than base awards? My account snapshot shows pending base rewards but nothing for bonus rewards. I called the rewards number and they confirmed that I am elgible for 5X bonus but wasn't very helpful on saying when they would post.
#1463
Join Date: Apr 2005
Location: NYC
Posts: 1,756
Base and bonus should show up at the same time after the charge posts. I just got the card and made several charges and they show on the reward site. BTW, if you don't like your limit you can call in and have them raise it. I doubled mine with one call without a new HP. YMMV
#1464
Join Date: Jul 2015
Posts: 2
Base and bonus should show up at the same time after the charge posts. I just got the card and made several charges and they show on the reward site. BTW, if you don't like your limit you can call in and have them raise it. I doubled mine with one call without a new HP. YMMV
#1465
Join Date: Apr 2014
Posts: 274
Have those of you with the rewards version of the card (the one that can be redeemed toward airfare for 1.5 cents per point) consistently had the redemption rate increase to 1.75 cents per point toward airfare after spending $50K? I have seen a few reports of this, but not widely reported. I need to book a ticket to St Croix for Labor Day weekend and am wondering if I should wait (I should hit $50K this billing cycle). Thanks in advance
#1466
Join Date: Nov 2011
Posts: 766
Have those of you with the rewards version of the card (the one that can be redeemed toward airfare for 1.5 cents per point) consistently had the redemption rate increase to 1.75 cents per point toward airfare after spending $50K? I have seen a few reports of this, but not widely reported. I need to book a ticket to St Croix for Labor Day weekend and am wondering if I should wait (I should hit $50K this billing cycle). Thanks in advance
#1467
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,767
$100 sign up bonus
Got solicitations from Wells on this card. The sign up bonus is $100 after $1K spend. The offer expires Aug 3rd.
Is it common this card has a sign up bonus?
Dont want to apply now as we would be out 40 days between Aug and Sept. I dont want to train this card then stop using it for 40 days and have to retrain it, not to mention losing 40 days of earning potential.
Is it common this card has a sign up bonus?
Dont want to apply now as we would be out 40 days between Aug and Sept. I dont want to train this card then stop using it for 40 days and have to retrain it, not to mention losing 40 days of earning potential.
#1468
Join Date: Mar 2010
Posts: 1,173
...
Happiness, I've just been approved for card with 10k limit. My wife's card just went past 6 months, so the game continues.
To the braggers: how do you cycle that much through? I understand you can hit your limit, and pay it off early to renew it. (but it does draw attention, and is one of the ways people get shut down). The hard part seems liquidation of all those grocery store VGC. You have a couple of BB accounts, and some folks buy MO directly with VGC, but you still have to deposit them (which draws attention of banks, and maybe government scrutiny) So how can you get to the levels you claim?
We cleared about 4k in rewards after GC fees, mostly thanks to Redbird's no load fees while they lasted. That was with a 14k CL, maxed and paid once each month. We didn't use redbird or bluebird to pay card directly. I would deposit to WF funds from other banks, and cash from BB/RB ATM withdrawals, then use our WF checking to pay CC bill.
Walmart codes as grocery near me and a $500 VGC is only $4.95 but they have to be bought 1 card at a time, so that would set off fraud alerts every day. Other cards can be bought $1500 at a time (at Krogers) but cost $1 more each which reduces net rewards to a little more than $2250 - time and gas to liquidate, over 6 months....if I stick to my previous method.
I am happy with the previous result, but would have to charge and pay twice a month to repeat it. I tend to be cautious and don't want to be a greedy hog that gets slaughtered, but if you guys are really running 6 figures through in 6 months, I'd like to know how.
To the braggers: how do you cycle that much through? I understand you can hit your limit, and pay it off early to renew it. (but it does draw attention, and is one of the ways people get shut down). The hard part seems liquidation of all those grocery store VGC. You have a couple of BB accounts, and some folks buy MO directly with VGC, but you still have to deposit them (which draws attention of banks, and maybe government scrutiny) So how can you get to the levels you claim?
We cleared about 4k in rewards after GC fees, mostly thanks to Redbird's no load fees while they lasted. That was with a 14k CL, maxed and paid once each month. We didn't use redbird or bluebird to pay card directly. I would deposit to WF funds from other banks, and cash from BB/RB ATM withdrawals, then use our WF checking to pay CC bill.
Walmart codes as grocery near me and a $500 VGC is only $4.95 but they have to be bought 1 card at a time, so that would set off fraud alerts every day. Other cards can be bought $1500 at a time (at Krogers) but cost $1 more each which reduces net rewards to a little more than $2250 - time and gas to liquidate, over 6 months....if I stick to my previous method.
I am happy with the previous result, but would have to charge and pay twice a month to repeat it. I tend to be cautious and don't want to be a greedy hog that gets slaughtered, but if you guys are really running 6 figures through in 6 months, I'd like to know how.
#1470
Join Date: Jan 2014
Posts: 166
Have those of you with the rewards version of the card (the one that can be redeemed toward airfare for 1.5 cents per point) consistently had the redemption rate increase to 1.75 cents per point toward airfare after spending $50K? I have seen a few reports of this, but not widely reported. I need to book a ticket to St Croix for Labor Day weekend and am wondering if I should wait (I should hit $50K this billing cycle). Thanks in advance