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
Feb 5, 2017, 2:00 pm
#1652
Join Date: Oct 2006
Location: BUF
Programs: SPG Plt, HHonors Gold, UA Gold, PC Plat, Marriott Gold
Posts: 880
Feb 5, 2017, 11:42 pm
#1654
Join Date: Dec 2016
Location: SF
Programs: Elite status at local McDonalds, Carwash, and Post Office
Posts: 51
Feb 6, 2017, 5:25 am
#1655
Join Date: Oct 2006
Location: BUF
Programs: SPG Plt, HHonors Gold, UA Gold, PC Plat, Marriott Gold
Posts: 880
Feb 6, 2017, 5:19 pm
#1656
Join Date: Jan 2007
Programs: PC Pl, UA 1K, CC Gl
Posts: 2,235
It said they have noticed suspicious pattern of paying several times during cycle and big transactions at CVS
Feb 6, 2017, 6:37 pm
#1657
Join Date: Oct 2012
Posts: 299
wf
the responses here are ridiculous . I did similar to you about 1 year ago(spending wildly on gc at groceries and CVS.) It lasted about 3 months. Got same letter. laid off for a few weeks. Then bought 2 VGC at Shoprite. Week later acct was closed and lost some points. Hint, redeem points NOW!!!
Feb 6, 2017, 7:42 pm
#1658
Join Date: Jan 2007
Programs: PC Pl, UA 1K, CC Gl
Posts: 2,235
Feb 6, 2017, 7:44 pm
#1659
Join Date: Jan 2007
Programs: PC Pl, UA 1K, CC Gl
Posts: 2,235
the responses here are ridiculous . I did similar to you about 1 year ago(spending wildly on gc at groceries and CVS.) It lasted about 3 months. Got same letter. laid off for a few weeks. Then bought 2 VGC at Shoprite. Week later acct was closed and lost some points. Hint, redeem points NOW!!!
Feb 6, 2017, 11:22 pm
#1660
Join Date: Dec 2016
Location: SF
Programs: Elite status at local McDonalds, Carwash, and Post Office
Posts: 51
I would love to hear from someone who hit this card hard but did not cycle the limit. I'm guessing if you max out your credit limit each month but don't cycle they wouldn't be so willing to ship out a breakup letter. Oh yeah, and use the points asap, never let them linger. 3 months is still a good pull on 5x rewards, that's easily $3k if you redeemed it for cash.
Feb 6, 2017, 11:24 pm
#1661
Join Date: Dec 2016
Location: SF
Programs: Elite status at local McDonalds, Carwash, and Post Office
Posts: 51
the responses here are ridiculous . I did similar to you about 1 year ago(spending wildly on gc at groceries and CVS.) It lasted about 3 months. Got same letter. laid off for a few weeks. Then bought 2 VGC at Shoprite. Week later acct was closed and lost some points. Hint, redeem points NOW!!!
Feb 16, 2017, 7:41 pm
#1662
Join Date: Oct 2012
Posts: 299
WF 5%
I spent on other items also. Once they sent letter, do not buy GC again and redeem points now.. They are watching you. The T&C actually state that GC will not earn points. Unfortunately they have been enforcing it now. We were lucky up till now. I have written them off. They kept my CA open but I closed it a month later.
Mar 1, 2017, 4:37 pm
#1664
Join Date: Sep 2015
Posts: 7
Strategy
I just got mine in the mail. I'm considering two strategies:
1. Slow burn - only doing a few $K per month (under credit limit) until the 5th statement closes, then go hog wild until letter received or 6-mo period ends. This has the benefit of not rousing suspicion hopefully while still earning something.
2. Or, if even staying under the credit limit the first few months will trigger a letter, I should just explode out of the gate and MS as much as possible until letter received.
What do you guys think?
1. Slow burn - only doing a few $K per month (under credit limit) until the 5th statement closes, then go hog wild until letter received or 6-mo period ends. This has the benefit of not rousing suspicion hopefully while still earning something.
2. Or, if even staying under the credit limit the first few months will trigger a letter, I should just explode out of the gate and MS as much as possible until letter received.
What do you guys think?
Mar 10, 2017, 6:40 pm
#1665
Join Date: Jun 2016
Posts: 2,257
Thinking of jumping onto the gravy train here. Which one do you guys get? I am seeing a couple of different 5x for gas/grocery/drugstore card for the first 6 months on WF website
1) Regular Visa Signature - https://www.wellsfargo.com/credit-cards/visa-signature/
2) Home Rebate Visa Signature - https://www.wellsfargo.com/credit-ca...e-home-rebate/
3) Home Rebate Non-Visa Signature - https://www.wellsfargo.com/credit-ca...e-home-rebate/
4) Rewards - https://www.wellsfargo.com/credit-cards/rewards/
Sounds only 1) is the best deal if I am looking to use the CB to purchase flight ticket...
Thoughts?
1) Regular Visa Signature - https://www.wellsfargo.com/credit-cards/visa-signature/
2) Home Rebate Visa Signature - https://www.wellsfargo.com/credit-ca...e-home-rebate/
3) Home Rebate Non-Visa Signature - https://www.wellsfargo.com/credit-ca...e-home-rebate/
4) Rewards - https://www.wellsfargo.com/credit-cards/rewards/
Sounds only 1) is the best deal if I am looking to use the CB to purchase flight ticket...
Thoughts?