2024 Shutdown Thread
Sep 19, 2024 | 5:53 pm
#106
Join Date: Jun 2023
Posts: 121
I liquidated monthly, but there are a bunch I should be award with the statement cutting this week. Hopefully they just award them. Otherwise I need to consider litigation, arbitration, etc. because the value is quite large given where this happened in my cycle. Even US Bank when they shut me down for running the Altitude card out of control on Apple Pay after a few years let it all wind down nicely.
Sep 20, 2024 | 4:43 am
#107
Join Date: Sep 2024
Posts: 3
What is the biggest trigger for a shutdown, or a CLD ?
Sep 20, 2024 | 7:03 am
#108
Join Date: Aug 2014
Posts: 1,520
I think that's the point 
They turned a liability into an income source. I suspect that they are also paying only 0.01% on the demand deposit account that have all those restrictions.
I'm just surprised that they limited the funding, although limiting the MO deposits makes sense.
All in all, as said, a very dead account.
Unless you want to fund a bank
They turned a liability into an income source. I suspect that they are also paying only 0.01% on the demand deposit account that have all those restrictions.
I'm just surprised that they limited the funding, although limiting the MO deposits makes sense.
All in all, as said, a very dead account.
Unless you want to fund a bank
Sep 24, 2024 | 1:56 pm
#110
Join Date: Jan 2015
Posts: 68
Well my Walmart One card got shutdown today. I've had the card maybe 3 months. The last month I loaded it much more often. Maybe 25 days of the 30 with about $700 a day at Walmart. Many times 2 separate loads the same day. I usually would transfer right away to my bank account
Sep 25, 2024 | 11:52 am
#111
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 7,389
Well my Walmart One card got shutdown today. I've had the card maybe 3 months. The last month I loaded it much more often. Maybe 25 days of the 30 with about $700 a day at Walmart. Many times 2 separate loads the same day. I usually would transfer right away to my bank account
I don't think that your loads were the problem. Rather, it was your immediate removal of the funds to another account that got you into trouble.
There would be no logical reason for someone to load money into a demand deposit account in order to immediately move it to......tell me if I am wrong.........another demand deposit account at another bank, unless they are doing nefarious things
:
Sep 25, 2024 | 2:39 pm
#112
Join Date: Sep 2022
Location: AUS
Programs: Some good ones, lots of bad ones.
Posts: 237
Sorry to hear it but thanks for the DP.
I don't think that your loads were the problem. Rather, it was your immediate removal of the funds to another account that got you into trouble.
There would be no logical reason for someone to load money into a demand deposit account in order to immediately move it to......tell me if I am wrong.........another demand deposit account at another bank, unless they are doing nefarious things:
I don't think that your loads were the problem. Rather, it was your immediate removal of the funds to another account that got you into trouble.
There would be no logical reason for someone to load money into a demand deposit account in order to immediately move it to......tell me if I am wrong.........another demand deposit account at another bank, unless they are doing nefarious things
:
Sep 25, 2024 | 3:10 pm
#113
Join Date: Dec 2023
Posts: 120
I try to give the bank providing the transfer from GC to cash as much of the float I get from the CC I purchase the GCs with.
Sep 27, 2024 | 9:58 am
#115
Join Date: May 2019
Programs: AA EXP, UA 1K, Qatar Gold, Hilton Diamond, Bonvoy Lifetime Titanium Elite, Hyatt Lifetime Globalist
Posts: 631