Last edit by: MasterCharge
Limits
As of November 20th, 2014, Loyal3 does not allows purchases of $10, $25 and $50 with a credit card.
No Cash Advance:
Bank of America Virgin Atlantic
Bank of America Alaska Air
Barclaycard Arrival
Capital One (All Cards)
Citi Platinum AAdvantage Visa
Chase Hyatt
Chase Freedom
Chase Marriott
Chase Sapphire Preferred
Chase United MileagePlus Explorer
Chase United Business
US Bank Flex Perks
Cash Advance:
*Data Needed
Placing Orders
- Make sure when you place an order, the funding source is selected as your CC and not the Checking account that it defaults too. Loyal3 won't cancel the buy order, and some have suggested the only way is to put a stop on the amount by contacting your bank.
Current Stocks Available for Trade
*A total of sixty-two (62) as of 10/14/2014
IPO's for Trade Now
*
As of November 20th, 2014, Loyal3 does not allows purchases of $10, $25 and $50 with a credit card.
Maximum purchase generally limited to $10,000 per IPO and $2,500 per month per non-IPO stock.
Bank of America Virgin Atlantic
Bank of America Alaska Air
Barclaycard Arrival
Capital One (All Cards)
Citi Platinum AAdvantage Visa
Chase Hyatt
Chase Freedom
Chase Marriott
Chase Sapphire Preferred
Chase United MileagePlus Explorer
Chase United Business
US Bank Flex Perks
Cash Advance:
*Data Needed
Placing Orders
- Make sure when you place an order, the funding source is selected as your CC and not the Checking account that it defaults too. Loyal3 won't cancel the buy order, and some have suggested the only way is to put a stop on the amount by contacting your bank.
Current Stocks Available for Trade
*A total of sixty-two (62) as of 10/14/2014
- NASDAQ: FOX
- NASDAQ: AMZN
- NASDAQ: AAPL
- NASDAQ: ATVI
- NASDAQ: BWLD
- NASDAQ: DISCA
- NASDAQ: DNKN
- NASDAQ: EA
- NASDAQ: EIGI
- NASDAQ: FB
- NASDAQ: FTR
- NASDAQ: GPRO
- NASDAQ: GOOGL
- NASDAQ: HAS
- NASDAQ: INTC
- NASDAQ: KRFT
- NASDAQ: MAT
- NASDAQ: MSFT
- NASDAQ: MDLZ
- NASDAQ: MNST
- NASDAQ: PLAY
- NASDAQ: SBUX
- NASDAQ: VIAB
- NASDAQ: YHOO
- NYSE: GLOB
- NYSE: AMC
- NYSE: ANF
- NYSE: ARO
- NYSE: AEO
- NYSE: BABA
- NYSE: BUD
- NYSE: BRK.B
- NYSE: BBY
- NYSE: BKW
- NYSE: KO
- NYSE: DIS
- NYSE: DPS
- NYSE: GPS
- NYSE: HSY
- NYSE: HUBS
- NYSE: KATE
- NYSE: K
- NYSE: KSS
- NYSE: LB
- NYSE: M
- NYSE: MCD
- NYSE: NKE
- NYSE: NOK
- NYSE: PVH
- NYSE: PEP
- NYSE: ZQK
- NYSE: RL
- NYSE: SC
- NYSE: TGT
- NYSE: TWX
- NYSE: TRUP
- NYSE: TWTR
- NYSE: UL
- NYSE: VFC
- NYSE: WMT
- NYSE: WWE
- NYSE: YUM
IPO's for Trade Now
*
loyal3 free stock trades with credit/debit card
#376
Join Date: Mar 2006
Location: Chicago
Programs: Mileage Plus, Rapid Rewards
Posts: 949
I've never known one that does. That's why it's such a big deal that loyal3 does accept them. Perhaps the only reason that they can afford to is because unlike with a standard broker, they claim that the individual companies pay trading and other fees in the hopes of attracting buy-and-hold investors who they hope will also be more engaged with (read: willing to spend money on) their brand. Since traditional brokers don't have such a mechanism to cover their costs, it's hard to imagine one that would accept credit cards for stock purchases.
#377
Join Date: Dec 2012
Location: CMH
Posts: 231
I sold GPRO today from the $24 IPO, it was at just over $48. Shares sold at $47.68 because of their batch method, but shares were as low as $46.54 at 3:27, so I guess I didn't get completely shafted.
It's still pending so I don't have the cash in my account yet, but I'll be withdrawing and reloading into another stock soon.
This has been a fun experience, but it's definitely not for the faint of heart
It's still pending so I don't have the cash in my account yet, but I'll be withdrawing and reloading into another stock soon.
This has been a fun experience, but it's definitely not for the faint of heart
#378
Join Date: May 2014
Posts: 168
After my first month using Loyal3 I made a profit of $69 on $2250 stock purchases plus the 5000 Arrival points worth $55.
Not too bad. Made most of the profit on one stock (Globant) lost small amounts on all others.
It takes around 3 days for funds to be in your Loyal 3 account after initiating sale but the funds showed up in my bank account the same evening the transfer ws initiated.
Not too bad. Made most of the profit on one stock (Globant) lost small amounts on all others.
It takes around 3 days for funds to be in your Loyal 3 account after initiating sale but the funds showed up in my bank account the same evening the transfer ws initiated.
#379
Join Date: Jan 2014
Location: Chyona
Programs: Anywhere I can ski...
Posts: 401
I have been hitting L3 real hard each month, bulk buy/sell and to day I received an email from them...it reads.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.
Dear MasterCharge,
LOYAL3 focuses on providing a fee-free platform that brings brands together with people who love them. However, as a broker-dealer, LOYAL3 is obligated to review client accounts on our platform in order to detect any activity or transactions that are not consistent with our products and services or may be an indication of fraud. Such activity may include, but is not limited to, the following:
• ACH/credit card payment rejects
• Changes in ACH/credit card data
• Account owners sharing ACH/credit card accounts
• Large or excessive cash deposits and/or withdrawals
• Buy and sell orders submitted without regard of gain or loss
• Changes in contact information, such as email and phone number
• Activity that doesn’t appear consistent with a normal investment practice
• Inappropriate use of the LOYAL3 platform
Based on our review, we have determined recent activity in your account may not be consistent with appropriate use of the LOYAL3 platform.
With that being said, this notice is to inform you that we will continue to monitor your account and if such activity continues or increases, your account may be restricted and/or closed. In the case of account closure, you will not be allowed to make any new purchases or participate in future IPOs.
We value your patronage and hope LOYAL3 can continue to play a successful role in your investment endeavors.
Please contact us if you have any questions. We’re here to help.
LOYAL3
Email: [email protected]
Phone: 855-256-9253
LOYAL3 focuses on providing a fee-free platform that brings brands together with people who love them. However, as a broker-dealer, LOYAL3 is obligated to review client accounts on our platform in order to detect any activity or transactions that are not consistent with our products and services or may be an indication of fraud. Such activity may include, but is not limited to, the following:
• ACH/credit card payment rejects
• Changes in ACH/credit card data
• Account owners sharing ACH/credit card accounts
• Large or excessive cash deposits and/or withdrawals
• Buy and sell orders submitted without regard of gain or loss
• Changes in contact information, such as email and phone number
• Activity that doesn’t appear consistent with a normal investment practice
• Inappropriate use of the LOYAL3 platform
Based on our review, we have determined recent activity in your account may not be consistent with appropriate use of the LOYAL3 platform.
With that being said, this notice is to inform you that we will continue to monitor your account and if such activity continues or increases, your account may be restricted and/or closed. In the case of account closure, you will not be allowed to make any new purchases or participate in future IPOs.
We value your patronage and hope LOYAL3 can continue to play a successful role in your investment endeavors.
Please contact us if you have any questions. We’re here to help.
LOYAL3
Email: [email protected]
Phone: 855-256-9253
Last edited by MasterCharge; Aug 22, 2014 at 1:42 pm
#381
Join Date: Oct 2013
Location: DFW
Posts: 246
I have been hitting L3 real hard each month, bulk buy/sell and to day I received an email from them...it reads.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.
#383
Join Date: Mar 2014
Posts: 194
I have been hitting L3 real hard each month, bulk buy/sell and to day I received an email from them...it reads.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.
I think the solution to L3 is to buy on a recurring schedule and sell when there is x profit and cash out. Rinse and repeat. Hold onto to some shares in some holding while moving others. That way there is a definitive pattern that you buy and hold and sell for profit. If you are selling without regard to profit/loss and also selling immediately, they know you aren't investing with them and instead are just using them for cc processing.
#384
Join Date: Mar 2013
Location: PHL based
Programs: USAir, UA, AA, BA, Hyatt, HHonors, SPG, Marriott, IHG
Posts: 356
I have been hitting L3 real hard each month, bulk buy/sell and to day I received an email from them...it reads.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.
Side note - have profited (minimally, but it's still a profit!) overall YTD with them. LOVE the service.
#385
Join Date: Jan 2014
Location: Chyona
Programs: Anywhere I can ski...
Posts: 401
About $2k month to date here in purchase activity with 3k in sales (from previous months purchases) and no notification (yet). $2k is biggest month yet - 3x July, which was 2x June. Slowly ramped up to this level, hoping to continue at this level...
Side note - have profited (minimally, but it's still a profit!) overall YTD with them. LOVE the service.
Side note - have profited (minimally, but it's still a profit!) overall YTD with them. LOVE the service.
#388
Join Date: Jan 2006
Location: Pittsburgh, PA
Programs: Hyatt Globalist, Hilton Diamond, Marriott Lifetime Titanium
Posts: 413
I have been doing 4k a month. All of it is scheduled and I do 10x $50 per scheduled day - 8 days a month.
My difference is I have not sold any of it. I keep building a balance and will dump it all next year when my Barclays Arrival 0% apr is over to pay off the card. I'm in to leverage Barclays "free money" vs earning points.
My difference is I have not sold any of it. I keep building a balance and will dump it all next year when my Barclays Arrival 0% apr is over to pay off the card. I'm in to leverage Barclays "free money" vs earning points.
#389
Join Date: Mar 2014
Posts: 226
I have been doing 4k a month. All of it is scheduled and I do 10x $50 per scheduled day - 8 days a month.
My difference is I have not sold any of it. I keep building a balance and will dump it all next year when my Barclays Arrival 0% apr is over to pay off the card. I'm in to leverage Barclays "free money" vs earning points.
My difference is I have not sold any of it. I keep building a balance and will dump it all next year when my Barclays Arrival 0% apr is over to pay off the card. I'm in to leverage Barclays "free money" vs earning points.
#390
Join Date: Jul 2014
Location: NYC
Programs: SPG, Hyatt, HH, MR, Emirates
Posts: 48
I got the same email when I was hitting it hard with 2500 for each stock. Since then I stopped when it was limited to 50. For me it doesn't worth it. I will just get in for the next IPO.
I have been hitting L3 real hard each month, bulk buy/sell and to day I received an email from them...it reads.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.
has anyone else received this email at all? I move about 5-8.7K (i recycle the only 58 stocks they have 2-3X) each month and just ach out as soon as they make the funds available.