![]() |
The CSR I talked to was completely useless, oh well.
|
Originally Posted by 12three
(Post 25986189)
right above you bud.. i did. guy said load away, but i dont plan to go to walmart soon..
|
Amex is probably hurting for cash. Look at their stock price in the last 6 months.
|
Originally Posted by lonelycrowd
(Post 25986323)
Yep. There's a teenager working at my local Simon Guest Services who probably won't mind having more time to play whatever game he always seems to be so absorbed in on his iPhone...
Seriously, though, Simon and other gift card retailers are probably the link in the chain that will be hurt the most. I think the consensus from the "economics of MS" threads I've come across has been that the retailers are most likely making a margin on gift card sales that exceeds their credit card processing fees. The losers in MS (and thus today's victors) are the gift card issuers (MetaBank) who don't get the full 1.8%-ish processing fee when their cards are run as debit with PIN. I wonder if the Feds were snooping around asking questions about tens of millions in untraceable debit loads. That could easily have caused AMEX to close accounts with those loading patterns out of compliance fears. |
Originally Posted by GatorBlues
(Post 25986400)
Doesn't AMEX and every other card issuer suffer here too? If tens of millions of $$ in manufactured spend is being run through their cards, they are getting swipe fees on those gift card purchases.
|
Termination Of Funds Loading Capabilities on Your Bluebird® Account
I called Amex to inquire. After a 10 minute wait in the queue I got thru, the CSR had no idea why my account was flagged and then put me on hold to get the supervisor. The call got dropped.
I called again, waited 10 minutes and talked to a new CSR. They got the supervisor and said they had no idea but did confirm that my account would not be able to add funds stating that, Amex is trying to protect against money laundering..... When I asked what can I do to keep my account open for adding new funds she said to write in to Amex as indicated in the email. I said I'm talking to Amex now what is the difference. Reply "I'm really sorry sir, that is the process I'm being told to pass along to you". So I just write a letter and then they reinstate my adding of funds capability? I doubt its that simple. In 2015 I added maybe 5K worth of Simon Visa GC, that's it and nothing in the past 4 months. They must really be cracking down. I think I'm not going to bother writing them, the game may be over. |
I guess there will a lot of "travel" Blogs going out of business.
|
Originally Posted by teddy25
(Post 25986470)
I guess there will a lot of "travel" Blogs going out of business.
|
Originally Posted by ManFactSpendLA
(Post 25985380)
Im wondering if this has to do with card address on file. 2 of 3 of mine were shut down. Same activity on all 3, Kate, vgc, Bill pay to Amex, but two of the cards have the same mailing address, the 3rd card that did not get shut down has a different mailing address..
|
Originally Posted by teddy25
(Post 25986470)
I guess there will a lot of "travel" Blogs going out of business.
|
Originally Posted by teddy25
(Post 25986470)
I guess there will a lot of "travel" Blogs going out of business.
|
Originally Posted by solstys
(Post 25986386)
Have you tried an online load?
|
Still haven't received an email on 1/3 accounts. Not sure how to proceed with that account- try loading or sit quiet for a while to let the storm pass?
|
Originally Posted by tsmith12
(Post 25986565)
Still haven't received an email on 1/3 accounts. Not sure how to proceed with that account- try loading or sit quiet for a while to let the storm pass?
|
Got an email as well but none for the family members in my account. So, i guess i can still load on their accounts?
|
| All times are GMT -6. The time now is 12:54 pm. |
This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.