Insanity

+1000!

Wow. Living this type of MVD insanity sounds too stressful and miserable to me.

But to each his own! No judgements here ;)

Sorry if this has already been answered. My question is around daily spend limit on the MVD card. I have 2 of these cards and although i had more funds on these cards anything i swiped over the amount of 5K at walmart got declined

Is it true that 5K is the daily pin based transaction limit for the MVD card even if you have more funds available :confused:

you should view the terms and conditions of card use. Not only can you find out about daily use limits, you can find out about loading limits as well.

So sad to hear that this organization is mistreating its best customers. Maybe we should all switch to an organization that supports its best customers. I nominate HSBC Holdings, an organization which really supported its best Mexican customers by cutting resources for its anti-money-laundering programs. Now that is customer service for you!

"Lack of proper controls allowed the Sinaloa drug cartel in Mexico and the Norte del Valle cartel in Colombia to move more than $881 million through HSBC’s U.S. unit from 2006 to 2010, the government alleged in the case. The bank also cut resources for its anti-money-laundering programs to 'cut costs and increase profits,' the government said in court filings."

And their CEO ain't even doing time...:rolleyes:

In 2011/12(?) Wells Fargo Paid $2 billion+ (?) fines for money laundering, a settlement with Justice department. Every bank tries to out do the other. Some people call them Banksters! Last year JP morgan Paid 20 billion in total fines, this year they kick off with 2.6 billion fine for being involved with Madoff
http://money.cnn.com/2014/01/07/news...ff-settlement/
Why no one goes to Jail? good question......because drug dealers, banksters and the justice dept depend on each other, friends with benefits? ;) ;) U know what I mean...

Now, the irony is that CVS cashiers are asked to grill honorable, respectable CC customers, check and scan their ID with money laundering suspicion while the actual drug dealer/money launderer walks in with cash, no lD/DL required and no $5000 limit applies! they deserve more respect? The 'Intended purpose' of these cards is money laundering? or mfg. spending?

When people lose their MVD, seems they lost the purpose to live! 150 pages/2200 posts yet no definite with certainty a clue to stop the account locking!
This thread now has pure entertainment value.

I was reflecting on how my account from last summer came back from the grave this week. I was told to go in spend down mode, and that I did...I spent it into a negative balance (by accident) with a cash advance fee higher than I thought it was. I'm wondering if the negative balance might have helped me account stay open in the end? Is there a reason not to go into the negative if you are in cash out mode?

Well i have gone through it already and wasn't able to locate the POS limit I searched earlier in the thread and saw posts back in oct 13 than mentioned the POS limit as 10K per day.

Is the 10K POS limit per day accurate ? If yes is that 10K across all your cards under the same SSN or it is per card cause i'm getting restricted at 5K per day ?

Trying to figure out what people have experienced around this

cardholder agreement here https://www.myvanilladebitcard.com/m...agreement.html

Under Using your card features, it says:

The maximum amount that can be spent on your Card per day is $5,000.00. The maximum value of your Card is restricted to $9,999.99.

Not sure how you plan on doing something for $10k.

Thank you for pointing me to the fine print .. The 10K was just an assumption based on my search of posts earlier in the thread so maybe this has changed over time and now it stands at 5K. It confirms the experience that i have had with these cards

It's not that hard. Always read the cardholder's agreement and then use the search and find function to locate every instance of $ (dollar sign) in the cardholder's agreement. That way, you'll always find any applicable dollar limit.

what honorable cvs do you shop at? i never seen nobody but straight thugs at my local cvs, myself included. the harder the powers that be make ms to do, the easier ms is for straight dope thugs like us bro.

Just used my 2nd MVD card yesterday for the first time, to make an estimated tax payment. I logged in to my MVD account this morning and all was fine -- it showed as "active." Then I went to the VR site to reload the card. I loaded the first 4 VRs just fine. But when I tried to load the 5th, I got an error message. Logged back in to my MVD account, and was already in "spend down" mode.

So it took less than the amount of time it takes to load 5 VRs for their computers to nab me! And I had never even used the card in an "inappropriate" way.

Which is why I started loading them in the branch of the bank to get the money of in 911 fashion!