The 2016 Shutdown Thread
Aug 15, 2016, 6:15 pm
#256
FlyerTalk Evangelist
Join Date: Jul 2008
Location: IAH
Programs: DL DM, Hyatt Ist-iest, Stariott Platinum, Hilton Diamond
Posts: 12,782
It's stories like these that make me mix in a bit of 1x and 2x spend (typically hotels) even if it isn't earning the most number of points, and also use it for my legitimate 5x spending (cell phone, etc). I also don't use it for taxes or buxx/serve.
Aug 15, 2016, 6:23 pm
#257
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
It's more just the piling on and the fact that the account has been treated this way from day one it looks like. It doesn't look to good to get an account and hit it with Taxes/Buxx/Office supply VGC's right off the bat and continue it. Prior relationship with bank in question (chase in this case) also comes into play. Ask yourself this, how many people pay their taxes, use Buxx, and buy Office supply VGC who aren't either doing something shady or MS'ing. Banks see them as one in the same.
Many people pay their taxes with CC. It is not anything unusual.
Weekly Buxx load is.
Dont think a couple Office Supply purchases would be issues.
Aug 15, 2016, 6:56 pm
#258
Suspended
Join Date: Apr 2016
Posts: 335
I used my Chase Ink EXCLUSIVELY at OD. Just completed my $50 K, for 2016, without a peep from them. I literally didn't even buy a cup of coffee with This Card. Strictly 5X. Have been a Chase customer since 1995, with 6 Different Cards currently, may have been a factor. I also currently MS heavily on Chase United Club...no issues there either.
Aug 15, 2016, 7:25 pm
#259
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
I used my Chase Ink EXCLUSIVELY at OD. Just completed my $50 K, for 2016, without a peep from them. I literally didn't even buy a cup of coffee with This Card. Strictly 5X. Have been a Chase customer since 1995, with 6 Different Cards currently, may have been a factor. I also currently MS heavily on Chase United Club...no issues there either.
Thank you for posting.
Loading prepaid cards is the factor. Not paying taxes or spending at OD.
If paying taxes get people's cards shut down there would be thousands and thousands angry cardholders.
Please look at this IRS page, and see for yourselves how paying taxes with CC are sanctioned / encouraged by IRS.
https://www.irs.gov/uac/pay-taxes-by...-or-debit-card
IRS even allows the fee as deductible expenses if you file itemized return and meet the conditions.
IRS even offer installment plan if your tax bill is too large for your CC to handle for one single payment.
This is BIG business for the processors. Chase or any CC issuers would not close people's cards just because the cards are used to pay taxes. The tax payment is just a coincidence happening, not a factor for closure.
Aug 15, 2016, 7:28 pm
#260
Suspended
Join Date: Apr 2016
Posts: 335
This.
Thank you for posting.
Loading prepaid cards is the factor. Not paying taxes or spending at OD.
If paying taxes get people's cards shut down there would be thousands and thousands angry cardholders.
Please look at this IRS page, and see for yourselves how paying taxes with CC are sanctioned / encouraged by IRS.
https://www.irs.gov/uac/pay-taxes-by...-or-debit-card
IRS even allows the fee as deductible expenses if you file itemized return and meet the conditions.
IRS even offer installment plan if your tax bill is too large for your CC to handle for one single payment.
This is BIG business for the processors. Chase or any CC issuers would not close people's cards just because the cards are used to pay taxes.
Thank you for posting.
Loading prepaid cards is the factor. Not paying taxes or spending at OD.
If paying taxes get people's cards shut down there would be thousands and thousands angry cardholders.
Please look at this IRS page, and see for yourselves how paying taxes with CC are sanctioned / encouraged by IRS.
https://www.irs.gov/uac/pay-taxes-by...-or-debit-card
IRS even allows the fee as deductible expenses if you file itemized return and meet the conditions.
IRS even offer installment plan if your tax bill is too large for your CC to handle for one single payment.
This is BIG business for the processors. Chase or any CC issuers would not close people's cards just because the cards are used to pay taxes.
Aug 15, 2016, 7:30 pm
#261
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
Makes no difference. The spend is done at OD and that is not the primary factor for account closure as your history shows. Seriously, ever since Chase puts a cap of earning on it, that has become a moot point. Now if you try to transfer your UR to somebody else, that would get you shut down for sure.
Aug 15, 2016, 7:35 pm
#262
Suspended
Join Date: Apr 2016
Posts: 335
Makes no difference. The spend is done at OD and that is not the primary factor for account closure as your history shows. Seriously, ever since Chase puts a cap of earning on it, that has become a moot point. Now if you try to transfer your UR to somebody else, that would get you shut down for sure.
Yes, Chase pretty much expects $50 G's of spend at Staples, OD, etc. per Year.
Aug 16, 2016, 8:53 am
#264
Join Date: Jul 2014
Posts: 369
I run over 100k in tax payments mostly through chase cards (or SPG), but never on ink. I actually never realized they were all chase cards. Any advantage to using ink to pay taxes. I ususally just use it to meet spend thresholds, 10k on chase ritz, 30k on Chase BA, 25k on Chase United, etc. I would much rather get 5x if any of the tax vendors categorize for 5x.
I also have no issues with chase, but it may be because off all the accounts I have open with them. I like their products. I have stopped applying for cards so I can get the reserve card and even considering a dreaded conversation with a banker to get a couple reserve cards.
Which tax processer gives 5X on ink?
I also have no issues with chase, but it may be because off all the accounts I have open with them. I like their products. I have stopped applying for cards so I can get the reserve card and even considering a dreaded conversation with a banker to get a couple reserve cards.
Which tax processer gives 5X on ink?
Aug 16, 2016, 10:51 am
#266
Original Poster
Join Date: Feb 2015
Posts: 194
I think this has to be it - so, ChaseBuxies, beware!
He was doing $600/week for many, many weeks. Many. Sorta surprised he didn't bother adding more cards, but he was worried he'd piss off NW. Ha! Pissed off Chase.
I gotta figure out how to load my Buxxes now. WF maybe? Not a lot of upside there. Citi and Chase are too hot.
He was doing $600/week for many, many weeks. Many. Sorta surprised he didn't bother adding more cards, but he was worried he'd piss off NW. Ha! Pissed off Chase.
I gotta figure out how to load my Buxxes now. WF maybe? Not a lot of upside there. Citi and Chase are too hot.
Aug 16, 2016, 1:31 pm
#268
Join Date: Aug 2014
Posts: 1,303
It does when you have a CC you can pay off by phone in 4 minutes from your home rather than in public, (in my case, 2x$800=$1,600). The portals were dead for a long period of time, so obviously now TCB is the way to go now, but buxx still has moderate value at 1% with a 4 minute phone call once every 4 weeks for me to unload $1600 at 1% cost.
Aug 16, 2016, 2:00 pm
#269
Join Date: Sep 2015
Posts: 285
It does when you have a CC you can pay off by phone in 4 minutes from your home rather than in public, (in my case, 2x$800=$1,600). The portals were dead for a long period of time, so obviously now TCB is the way to go now, but buxx still has moderate value at 1% with a 4 minute phone call once every 4 weeks for me to unload $1600 at 1% cost.
YMMV of course
