Risk of Loss in MS [Consolidated]
#121
Join Date: Dec 2013
Posts: 3,509
To me its not a big deal. Its not like receipts or GC/VR cards take up that much room in the house. I just keep all this stuff in a shoebox so that its an easy spot to find it. I mean no one is stopping you from trashing the receipts after you have successfully loaded the money into the account on VR's. To me I like keeping all documentation just in case something happens. Unless its taking up a lot of space, I don't really mind and I like to be organized.
#123
Join Date: Sep 2013
Location: Colorado
Posts: 18
UPDATE
CVS just called me and said they were able to locate my VR! No one used them and they were able to deactivate them!! Now they will send the info to the store manager where I purchased them for either a full refund or a substitution! It looks like I am going to get my money back in the end!! So relieved!!
CVS just called me and said they were able to locate my VR! No one used them and they were able to deactivate them!! Now they will send the info to the store manager where I purchased them for either a full refund or a substitution! It looks like I am going to get my money back in the end!! So relieved!!
#125
Join Date: Jun 2011
Posts: 692
I bought an OV from CVS last week and when I went to check the balance online it said card not activated. I still have the recipe and original packaging from the OV, so I called Incomm and they said the card wasn't properly activated at CVS and they opened a case for me and said it would be resolved within 3-5 business days since I had the receipt and packaging.
Should I expect a resolution within that time frame or can I call CVS and get them to refund me?
Should I expect a resolution within that time frame or can I call CVS and get them to refund me?
#131
Join Date: Apr 2014
Posts: 1,273
This hobby is very risky due to these high value amounts that we play with. Anyone playing this game should be prepared to take a loss of 1-2 VRs or GCs especially if doing significant volume where it is very very easy to be careless.
I don't even know if I have lost any VRs or GCs as I have so much man spend plus real spend. Even though I track everything it is possible I may have lost something.
I don't even know if I have lost any VRs or GCs as I have so much man spend plus real spend. Even though I track everything it is possible I may have lost something.
I've read other advice on here about how important it is to keep track. Some people do old school pen and paper. Some have spreadsheets. Errors can appear in both forms. The point is to watch for the errors and balance out your accounts. Losing money is never good.
#132
Join Date: Jul 2014
Posts: 3,688
I stay away from Incomm cards and fortunately for me, there's still plenty of metas I can buy if I need to churn several cards simultaneously.
#133
Join Date: Sep 2007
Location: Chicago
Programs: AA, BA, CX, DL, EK, F9, GA, HA, IB, JL, KE, LH, MH, NH, OS, PG, QR, RJ, SA, TG, UA, VN, WN, ZH
Posts: 927
That's just poor bookkeeping. Sorry, but it is. Sure, there might be profit at the end of the month but if you are ok with losing 1k, how do you know it's not really 2k? How often? Once a year? Once a month? Once a week?
I've read other advice on here about how important it is to keep track. Some people do old school pen and paper. Some have spreadsheets. Errors can appear in both forms. The point is to watch for the errors and balance out your accounts. Losing money is never good.
I've read other advice on here about how important it is to keep track. Some people do old school pen and paper. Some have spreadsheets. Errors can appear in both forms. The point is to watch for the errors and balance out your accounts. Losing money is never good.
#134
Join Date: Mar 2007
Location: Midwest U.S.A
Programs: Too many to list. Since the early 90's.
Posts: 1,407
Another risk (may have been mentioned already in this thread): Checking/savings account shutdowns. Shutdowns continue to occur to those who have deposited too many MO's compared to what an institution is comfortable with. Each situation varies. Some it's due to a new account and they didn't go slow enough. Some think as long as they stay under 10k a month in total deposits they'll be fine, but then they do 4 days in a row of deposits and the institution doesn't like it. So many reasons. We must continue to keep in mind that the numbers we think are small enough sometimes are too large or too frequent to someone else.
#135
Join Date: Mar 2011
Location: SAN
Programs: Delta Gold. Hilton Diamond. Hyatt Explorist.
Posts: 1,677
Another risk (may have been mentioned already in this thread): Checking/savings account shutdowns. Shutdowns continue to occur to those who have deposited too many MO's compared to what an institution is comfortable with. Each situation varies. Some it's due to a new account and they didn't go slow enough. Some think as long as they stay under 10k a month in total deposits they'll be fine, but then they do 4 days in a row of deposits and the institution doesn't like it. So many reasons. We must continue to keep in mind that the numbers we think are small enough sometimes are too large or too frequent to someone else.