IAHtraveler

Thanks for the heads up... I told my wife & she wasn't AS concerned as she would have been when she saw the letter when she got the mail. We also got another Amex in the mail today (for churning purposes) along with a post card from a debt counselor titled 'are credit cards ruining your life.' I thought it was very amusing & she didn't... imagine that

Happy

Chase may have done an Account Review on your credit report(s) recently. It used to be only AMEX frequently perform account reviews, like every 3 months, shown on your credit reports in the soft inquiry section. Now they all do it quite frequently. Chase sent me a letter to close a Marriott business card which was inactive for 6 months. I was going to cancel it when the card passed its mandatory 6 months holding time. Chase did it for me a few weeks before my taking action.

mia

The concern is fraud. It's not that the funds weren't in the bank account, but that the owner of the account may not have authorized the transfer to the card issuer.

When the card issuer pulls funds from your bank they gain confidence through experience that it is legitimately your account. For example, Citi limits the amount that they will pull for a new cardholder, and you may be unable to pay online the full amount of the first cycle's bill.

In contrast, when you push money to the card issuer using your bank's online billpay or a paper check the card issuer does not have the same assurance that these funds are drawn on your account. If you send funds from the same account that is setup to pull online payments the card issuer should be more confident, but I'm not sure if they even check. That's why there is a provision to delay applying payments.

However, the card issuer is still at risk. SunTrust bank allows us 60 days to dispute an "unauthorized" billpay transfer from our checking account, and they are willing to extend that under some circumstances. This suggests that banks can reverse fraudulent payments for a longer period, and this would leave the payee holding the problem.

balima

Woo Hoo my first order just shipped and I should get it by Wed.
I just ordered my second.

broadwayblue

Gotcha. Thanks for the explanation. As far as verifying the account, Amex did tell me that they call to confirm with the bank on transfer payments of 10k or more, so that does make sense. I guess if it's going to cause trouble I can always request to make split payments with the vendor to keep from having to prepay large amounts.

joshua362

CC operators (esp AMEX) are faceless robots who parrot back what the computer tells them. You can't reach a human via mail or phone to look logically at a situation and do anything beyond what a programmer has programmed. I suffered numerous credit line reductions to unusable levels (like $500) from all the big guys (Amex, BOA, Citi) because I had taken advantage of some 0.0% offers from other players. Mind you, I haven't missed a payment in 30+ years. It was a waste of time to call or write in protest with hard copy backup, every "appeal" was denied because FICO took a hit.

They are all thieves, I suspect this latest opportunity and pre-paying is so new and rare that its not programmed therefore they are trying to pull answers and logic out of thin air...

yngdiego

I ordered 10K in NA coins and just got the shipping notice; three tracking numbers. Two numbers don't look like regular UPS numbers (all numbers with no 1Z in it) and the link forwards me to the USPS. The third number is a regular UPS tracking number.

I've ordered 5K lots before and it was all via UPS. Seems like for 10K orders they use a different method?

J.Edward

Just received a 9k shipment order with what looks like a UPS tracking number.

FWIW all my orders have been shipped via UPS.

buschoi

If you didn't bring this up, I would not have even checked.... My orders on the 14th and 18th were all shipped by UPS (the tracking link is directed to the UPS website). Now this is interesting - that it looks like they have processed a lot of orders on a Sunday! We all know there are a huge backlog, but are they that desperate to ship them to us and probably pay the contractors the holiday/overtime rate?

LLM

The vendor may have done that on his own. Amazon and Lands End often show weekend shipping dates.

IAHtraveler

This is typical; I see a lot of orders coming from Sundays. Since I'd never seen a Friday night shipment, I just assumed their second/third shifts worked Sunday and made Fri-Sat their weekend, as lots of production facilities do. However, I got a shipping note on Friday and Sunday night this weekend.

If you do a quick search, you'll see that the 3 tracking #'s are common. The third one is the obvious UPS one and, as far as I remember, we haven't figured out what the other 2 are for.

mikeef

Hertz4me

i was suppose to receive 13k in coins today, i only got 10500!!! is there another box coming in a few days?? any experiences????

Andy2

You can see each package online. That will allow you to see the progress of your "in transit" package.

Log In
go to Track Order
Enter the Highlighted Link for Tracking #
Once you get to the UPS screen, scroll way down to Show Packages in this Shipment

Once you arrive at this new screen, toward the bottom, you will see a new highlighted section with multiple tracking numbers (one for each box of $2,500).

Let us know if it works. It has eased my mind when I only receive one of my two packages (the next one arrives the next day).

ChaseTheMiles

Found another place to use the coins:

We were on a road trip this weekend and a RV place only accepted cash, so naturally we gave them some coins.