Even in house council has to be paid the big bucks, and Discover/Cap1 probably thought that paying a paralegal to send a demand letter to some unknown person with minimal ties to them probably wasn't worth the time or expense. Besides the fact that the mistake was theirs and not the customer ;)

But I wouldn't be happy now knowing that Cap1, who is well known not to play well with us, now knows who I am and how i load my Discover account:(

Only time will tell what those ramifications are to everyone else

I have been dealing with Cap1 and Discover for more than 2 decades (D) and 1 decade (C1) without such a "glitch" ever occurring. But it happens. I believe that if either made a mistake in their favor, they would fix it and return the money to my account. For that reason, if the shoe were on the other foot, I would behave to them in the same way.

I can assure you that in an institution that has $490B in assets and does $48B in annual revenue, the amount of money MSer's contribute to the bottom line is the proverbial gnat's bite on an elephant's ....
Eliminating all of our activity from their books wouldn't move their financial needle one jot.

Actually, our being so small is our saving grace. We're too little to make any difference to them (hopefully) and therefore aren't worth the time and expense to get rid of us (hopefully).

I have noticed over time that it's the smaller institutions (like PP and Venmo) that tend to crack down on us because we do impact their bottom line. ;)

So you think those MSers doing $10K , $15K, $30K in loads to their Discover accouts are not a problem and this incident somehow is ?

You don't think they have eyeballs on those money coming in?

You seem very heavily invested in paying back Capital One.


The mistake was found.
They chose the course.
The OP had no say in the matter.
It's done.
Move on.

It is events like the above that impact all of us when one person thinks they received a windfall but the consequences impact all of us.

It just depends on how honest one is in financial dealings.

You should realize that. .

And now, thinking back, I have had situations when buying MOs where I was handed a MO and the GCs weren't drained of money. This actually has happened to others as well, And yes I did return the MO to WM ;) as did others who had the same thing happen to them.

As I wrote before the gliftch was something that happened.

It was not something the OP did.

As far as I am concerned I wait for the entities involved to tell me what they want to do.
In this case, the "windfall" is being reported to the IRS and will therefore have to have taxes paid on it.

Move on.

Seems the green-eyed monster is showing up here.

Good for you. I haven't bought a MO in 2-3 years and won't ever again.

You're lucky they didn't come back and drain the money later when they found their mistake.
No MO and $0 balance.

I guess up to now they didn't. But then again, $10K is gnat's bite to a $500B company.

Do you have any current indication that people loading onto Discover are considered a problem?

But Discover obviously doesn't like paying MS depositors a bonus (in essence) for their deposit mistakes. And neither you nor I know just how many "glitches" have occurred up to now. But apparently enough that Cap1 is now issuing an IRS tax form to that person for the financial error ;)

Unfortunately, there is a new player in the house...Cap1, and we have DPs that indicate that their take on MSing is different than Discover.

I have a feeling that as the two company back offices are integrated, there is going to be a change in climate for us. But that is my speculation. Hopefully, it won't come to pass.

Your assumption?
Did Discover tell you this?

I find it very enlightening that all the MSing you do isn't a problem from your viewpoint, but the minute someone gets a small windfall it becomes a problem.

I presume this is said in jest.

I think we have beaten this into the ground. Just to let you know that I have banked with Discover for decades and am already receiving change in banking terms letters from Cap1, the new master, and they are not favorable for me, TBH.

We'll see how the new Discover/Cp1 plays out in the future.

And that is what I wrote several posts up.

This matter is done. Capital One chose how they wanted to handle it.

Again, it wasn't something intentional that the OP did to cause the glitch.
To fain worry about it being some catalyst is a bit much coming from a massive MSer like you.

I only see $200 GCs on their website. How did you purchase the $500 ones?

I posted a sceenshot earlier in the thread, but basically you add as many voucher codes as you want, and then from that voucher balance, you are able to enumerate custom amounts of as many gift cards as you want.

https://cimg5.ibsrv.net/gimg/www.fly...53f97eb059.png

I have a VGC e-card obtained from this process on TopBack, but I have tried to figure out how to load it to Discover at Walmart. since Walmart does not have Tap and Pay. I added to the Walmart App Wallet, but I can't use it to get the VGC to connect to Discover via this method either. How do you load a E VGC to iDscover via Walmart?

You can't.