$50k/mo? That's a lot of gc purchases at the drugstore/grocery store. I can get $50k worth of GC's but not at the drugstore/grocery store. Did you do the cash back or points?

Change in 5x Terms--excludes "store gift cards"
 

Just got a notice and change in terms for the 5% Rewards Card. Now it says that excluded from 5x rewards at GGD stores are "store gift cards." Starting January 15, 2015. Not sure how they would enforce that necessarily unless they could know what exactly you were buying. Also, it seems like a vague term to say "store" gift cards. But just thought I would report this since I noticed it. My 6 months just ended but probably getting one for the wife.

Would you look that up and get back to me prior to the end of the business day Monday with the answer? Thanks a bunch!

In what form did you get that notice? I just finished my first month and that would be a bummer. If so, I need to re-prioiritze my time for the next 2 months!

Not really. Even with new restrictions, pretty easy to spend $2000 per day, esp. if you hit different stores. For me, cash is king, I have enough points/miles.

It was in a pamphlet included in statement mailing, along with other changes in terms. Time will tell if they can drill down into individual transactions at, say, CVS, and determine if GCs are being purchased. I'm betting they can't or won't.

On second thought, the CVS's have tons of OV's but since they are a headache to use at Walmart, I dont want to bother. The PP mycash cards are easy to liquidate but that's capped at $4k/mo and most CVS's and RA's are out of stock.

Are you using Wally to liquidate the OV's?

Thanks Gustraveler. I just signed into my WF account and the notice was there, but it says NO rewards for cash equivalents such as "store gift cards". I will try one VGC at the grocery store after Jan 15 and see what happens when the next statement posts. From other threads it does look like they can see what you are buying, as if the amount doesn't speak for itself!

Is this a big enough deal that we should make ask the mod to change the title of this thread or create a new thread?

No WMs in my immediate area, I usually buy MOs at grocery stores.

Thanks for the info, the only place I can get MO's in my area are at Wally's so that's a no go for me.

Surprising that there's not at least one grocery store accepting debit for MOs in your area. Maybe purchase Meta VGCs, which will likely work at WM.

I think I've heard of similar language used by other CCs, but I would be shocked if WF could actually see that is what you were buying. Personally, I have not read of anyone getting rejected for points from something like that, but maybe it has happened. Unless you told them that's what you were buying, I don't think it will be an issue, but we'll find out I guess. And WF is somewhat incompetent anyways. I've dealt with them for the last 6 months. And my wife will be dealing with them for the next 6, sort of.

i am wondering what's the best way to redeem these points

I got the bad news in the mail today, concerning the revised terms of the reward program. Besides the GC exclusion, it's full of other nasty surprises including account closure triggers, point forfeiture, and taxability of rewards. By the way, the online T&C version is still the old one dated 2013.

I just got a new card in the mail yesterday and didn't see any of this. I'll look closer when I get home.