Wells Fargo Prepaid Cards

Old Aug 13, 12, 10:06 pm
  #31  
xp0
 
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Seems like my wallet is changing from being full of CCs to being full of PPC's!

Ahhhh
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Old Aug 13, 12, 10:24 pm
  #32  
 
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Everyone tread with caution. I can see Chase banning us for stuff like this. I dont want to become one of those horror stories where I cant access any of my UR points and chase closing all of my accounts. That would be a nightmare. I think i'll be conservative and do only about 2500 worth every quarter
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Old Aug 13, 12, 10:31 pm
  #33  
 
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what is NS? Thanks

Originally Posted by livestrongforever View Post
A NS + wells fargo Prepay + Amex Prepay + Amazon payments make a deadly combination for high spending requirement.
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Old Aug 13, 12, 10:33 pm
  #34  
 
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If everyone keeps blatantly commenting on the deal and the details then it isnt going to last your 6mos to get the spend you need. I dont know when FT became a place for stupid people to blab out and spell out each specifc but how long before this bank decides that the public discussion warrants them closing the loophole?
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Old Aug 13, 12, 10:37 pm
  #35  
 
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lets close and lock this thread up!
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Old Aug 13, 12, 10:58 pm
  #36  
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NS = NetSpend

It is another prepaid card that serves similar functions. The Frequent Miler blog has covered this discussion.
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Old Aug 13, 12, 11:14 pm
  #37  
 
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Anyone One doing Teller Withdrawal

Teller Cash Withdrawal (Domestic¹) $3.00

Anyone know the limit on this. Could reduce fees.
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Old Aug 14, 12, 1:45 am
  #38  
 
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Originally Posted by jwchef1975 View Post
Teller Cash Withdrawal (Domestic¹) $3.00

Anyone know the limit on this. Could reduce fees.
Why bother? I assume if a Wells Fargo teller is available in your area, the even further reduced fee of using a wells fargo ATM is preferred.
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Old Aug 14, 12, 5:40 am
  #39  
 
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.....

Last edited by User Name; Aug 14, 12 at 11:36 am
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Old Aug 14, 12, 6:21 am
  #40  
 
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Assumng there is not a daily withdrawal limit

Originally Posted by johndoe123 View Post
Why bother? I assume if a Wells Fargo teller is available in your area, the even further reduced fee of using a wells fargo ATM is preferred.
The ATM daily limit is $500 if think. There likely is no limit at the teller. $3.00 and I get all my money back in one transaction.

Edit: I now see there is daily teller limit $500 .

Last edited by jwchef1975; Aug 14, 12 at 6:28 am
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Old Aug 14, 12, 10:05 am
  #41  
 
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Wish there was some way to pay a WF mortgage (few thousand per month) in one lump sum with this card. But it looks like there is a $600 limit per transaction and $500 limit to get cash using a teller.
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Old Aug 14, 12, 12:20 pm
  #42  
 
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I have what is almost certainly a stupid question resulting from me overlooking something painfully obvious, but here it goes:

Let's say you use Bank X's CC to load up the WF PPC. Why would Bank X care one way or the other if you were doing this repeatedly? From Bank X's financial perspective, isn't it no different than any other transaction? If you use the Bank X CC to buy $100 worth of candy vs $100 worth of WF PPC, is there any difference to what Bank X receives?
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Old Aug 14, 12, 12:25 pm
  #43  
 
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Originally Posted by sk8uno View Post
I have what is almost certainly a stupid question resulting from me overlooking something painfully obvious, but here it goes:

Let's say you use Bank X's CC to load up the WF PPC. Why would Bank X care one way or the other if you were doing this repeatedly? From Bank X's financial perspective, isn't it no different than any other transaction? If you use the Bank X CC to buy $100 worth of candy vs $100 worth of WF PPC, is there any difference to what Bank X receives?
I'd assume that repeated purchases to another financial institute can look like laundering.
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Old Aug 14, 12, 12:34 pm
  #44  
 
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Originally Posted by Stoughton View Post
I'd assume that repeated purchases to another financial institute can look like laundering.
Let's say, for the sake of argument, you explain to them exactly what you are doing so they know it's not laundering. Then what issue would they have?
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Old Aug 14, 12, 12:35 pm
  #45  
 
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Originally Posted by Stoughton View Post
I'd assume that repeated purchases to another financial institute can look like laundering.
Thats a pretty big assumption.
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