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-   -   CVS master thread(2013-2016) (https://www.flyertalk.com/forum/manufactured-spending/1449551-cvs-master-thread-2013-2016-a.html)

swintec Mar 29, 2014 5:03 pm


Originally Posted by Tpa-flyer (Post 22612128)
Anyone wanna start listing their fallback plans now?

That would probably be the stupidest thing anyone could do. In a couple of days when VRs go byebye there is going to be a large group of upset neckbeards who will be looking to latch on and inevitably crash and burn any opportunity they can read about on here or in the blogs.

zozeppelin Mar 29, 2014 5:05 pm


Originally Posted by Tpa-flyer (Post 22612128)
Hahahahahahaha!

Anyone wanna start listing their fallback plans now? AP, GC's, etc.?

And, I like what someone mentioned earlier....how is it the bloggers haven't written about this? Is this an alternate universe until they do?

Likely will require the two step or less reputable sinks (along with new store sources).

Will be interesting to see what happens to the newbie herd, thinned or graduate.

At any rate, will be entertaining to read the fallout and whether this is hard coded.

Tpa-flyer Mar 29, 2014 5:05 pm


Originally Posted by edwards183 (Post 22612144)
If true, I guess that the lines at the Walmart service desk might get a little longer. I am lucky, I can stop at 4 different Walmart's on my daily commute.

While being a little disappointed, I am looking forward to only serious/motivated types being able to take advantage of the manufactured spend game.

I'm pretty sure most people doing MS take it very seriously. Their time/effort, credit, CL's, risks are all involved. Not exactly sure of your meaning. Who would do this with frivolity?

kingrat Mar 29, 2014 5:10 pm


Originally Posted by Tpa-flyer (Post 22612168)
I'm pretty sure most people doing MS take it very seriously. Their time/effort, credit, CL's, risks are all involved. Not exactly sure of your meaning. Who would do this with frivolity?

Dam I just wanted to do one more citi exec card..

Guess I have just use my three Amazon accounts and cancel my three bb accounts

katstarr Mar 29, 2014 5:10 pm

I don't know if anyone has posted it, but I was shown a memo at a CVS in NYC yesterday. I both took a photo of it and scanned it, with the employee's permission.

It seems to validate that CVS is still accepting credit cards for products except Greendot, that there is a 5K daily limit, and that many cards we didn't think were previously reloadable, in fact are. The employee told me this included VR cards, but that part appears false.

vinyalwhl Mar 29, 2014 5:13 pm


Originally Posted by katstarr (Post 22612203)
I don't know if anyone has posted it, but I was shown a memo at a CVS in NYC yesterday. I both took a photo of it and scanned it, with the employee's permission.

It seems to validate that CVS is still accepting credit cards for products except Greendot, that there is a 5K daily limit, and that many cards we didn't think were previously reloadable, in fact are. The employee told me this included VR cards, but that part appears false.

Your blog was the first thing to pop up in google, when I searched for more info on this ^

exarkun Mar 29, 2014 5:14 pm


Originally Posted by katstarr (Post 22612203)
I don't know if anyone has posted it, but I was shown a memo at a CVS in NYC yesterday. I both took a photo of it and scanned it, with the employee's permission.

It seems to validate that CVS is still accepting credit cards for products except Greendot, that there is a 5K daily limit, and that many cards we didn't think were previously reloadable, in fact are. The employee told me this included VR cards, but that part appears false.

That didn't look like a company memo, more like a local store one...

healthnut Mar 29, 2014 5:15 pm


Originally Posted by katstarr (Post 22612203)
I don't know if anyone has posted it, but I was shown a memo at a CVS in NYC yesterday. I both took a photo of it and scanned it, with the employee's permission.

It seems to validate that CVS is still accepting credit cards for products except Greendot, that there is a 5K daily limit, and that many cards we didn't think were previously reloadable, in fact are. The employee told me this included VR cards, but that part appears false.

Was it a memo written by that store's management or corporate?

uncommonsensical Mar 29, 2014 5:22 pm

i wonder if there is an Amex connection in somewhat (but different) the same way the hammer fall @ OD was Chase.

With their partnership and what they probably got in terms of data on how Serve was being loaded @ point of sale @ cvs, i'm sure there were discussions. Amex may have pulled the plug on cc for serve, but all knowing it would simply tfr to the VR rack- so killl that too. i've figured ROI on financial vs retail cards is probably not much if not a loss leader. 1 guy in the meeting saying, 'well, if it makes sense to go cash only on these, it makes sense to go cash only on all'.

conjecture, but i'm sure the changes to serve loading brought a lot more direct attention to this segment.

i wonder how well the folks at Vanilla slept the past few nights?! what % of their business has been this? a fair chunk, i'm sure...

katstarr Mar 29, 2014 5:22 pm


Originally Posted by healthnut (Post 22612223)
Was it a memo written by that store's management or corporate?

I don't know the answer to that, as I don't know what a corporate memo looks like. But I can't imagine that the store manager would have known the technical jargon. I can go ask tomorrow, but seem to get new answers every time I ask.

ado Mar 29, 2014 5:23 pm


Originally Posted by envoy245 (Post 22610174)
It was very thorough... It listed almost every prepaid card .. and included statement about the reloading of a Serve card ("existing card that is in the possession of the customer")

I've seen this same memo at two different C_S stores today. One imposed the cash only restriction effective today, the second let me use cc for the $5k limit.

It looks like the party is over at C_S very soon.

mustang281man Mar 29, 2014 5:24 pm

I have a couple in my town that are $500 per day but my regular one I can do $5k per day at.

xlax Mar 29, 2014 5:31 pm

No Issues in my corner of SoCal...yet
 
FWIW, wife and I visted 4 stores between us today to get our fill and not a single mention of cash only policy from cashiers, shift managers or store manager. Nonetheless, I'm playing it safe by maxing out today and tomorrow...and stocking up on water and canned foods. It feels like the end is near. Maybe the government will go back to paying us to take coins off of its hands...

xlax

MahiMahi524 Mar 29, 2014 5:40 pm

I wonder what will happen with the huge oversupply of VR come April? Also, did one last run today, went to 3 stores and bought the last few cards at the first two, and in the third found someone's stash of hided VRs. Bought 5K and put the last 1K back on the shelf.

Slickw Mar 29, 2014 5:45 pm


Originally Posted by uncommonsensical (Post 22612259)
i wonder how well the folks at Vanilla slept the past few nights?! what % of their business has been this? a fair chunk, i'm sure...

I'm curious about this too. If it is a significant % then maybe they will offer more favorable terms to another major chain willing to allow CC payment.


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