Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
Sep 21, 2009, 12:53 pm
#4546
Join Date: Sep 2007
Location: Sunny Florida
Posts: 637
question about canceled credit cards
I heard a rumor but have not seen anything posted in this thread about it, but maybe I missed it with all the pages.
Has anyone had any credit card canceled by theircredit card company because they've been buying the coins?
Has anyone had any credit card canceled by theircredit card company because they've been buying the coins?
Sep 21, 2009, 12:58 pm
#4547
Join Date: Aug 2009
Posts: 123
I can't help but wonder where one hears such rumors.
Sep 21, 2009, 1:26 pm
#4548
Join Date: Mar 2006
Programs: AA EXP, UA 1K, F9 Elite, Hyatt Diamond, Hilton Diamond, Marriott Gold
Posts: 1,319
AMEX will send you to Financial Review depending on the volume you are purchasing; they tried to do it to me and I would not comply, so I closed the card out.
Sep 21, 2009, 1:41 pm
#4550
Join Date: Aug 2009
Posts: 123
I'm aware of that post upthread. I was speaking more about the wording of her "I heard a rumor..." post. Where does one go about hearing "rumors" that credit cards are being closed due to coin purchases? Are these typical things that people talk about in rumor-type fashion?
Sep 21, 2009, 8:44 pm
#4551
Join Date: Aug 2009
Location: NJ, USA
Programs: SPG Gold, OnePass Gold, OneWorld
Posts: 168
I placed an order for 5k on 15th and since last 6 days the estimated ship date keeps increasing by a day every day. It used to show ship date of 9/29 and Now it is 10/6. Cannot wait to get some 
Sep 22, 2009, 6:25 am
#4552
FlyerTalk Evangelist
Join Date: Aug 2001
Location: Finally back in Boston after escaping from New York
Posts: 13,644
Sep 22, 2009, 7:45 am
#4553
Join Date: Aug 2009
Location: NJ, USA
Programs: SPG Gold, OnePass Gold, OneWorld
Posts: 168
I went to my bank today to deposit 2k. They started using scare tactics and told me they are going to report me!
I have only deposited about 6k so far. Any ideas, if this was just a gimmic or can I get into trouble?
I have only deposited about 6k so far. Any ideas, if this was just a gimmic or can I get into trouble?
Sep 22, 2009, 7:51 am
#4554
Suspended
Join Date: Nov 1999
Posts: 24,153
Well if you stole the Coins or do alot of shaddy transactions with your accts then you have something to be Worried about. Other then that just tell them as I do, 'Go Right Ahead'.
Sep 22, 2009, 8:05 am
#4555
FlyerTalk Evangelist
Join Date: Sep 2002
Location: Between AUS, EWR, and YTO In a little twisty maze of airline seats, all alike.. but I wanna go home with the armadillo
Programs: CO, NW, & UA forum moderator emeritus
Posts: 35,432
Sep 22, 2009, 8:25 am
#4556
Original Member
Join Date: May 1998
Posts: 1,139
Report you to who? The U.S. Government, via the banking system?
It is an instrumentality of the U.S. Government that has asked us to purchase these coins. Here is a useful link (from the government) to print out:
http://www.usedollarcoins.gov/
It is a published fact that the Mint started this program because the banking system did not buy a sufficient number of dollar coins to achieve the long-term cost reduction that a conversion from dollar bills to dollar coins will achieve. There is nothing wrong with the citizenry helping to achieve this desired result.
Sep 22, 2009, 8:40 am
#4558
Original Member
Join Date: May 1998
Posts: 1,139
Sure we are patriots, trying to save the government some money.
Sep 22, 2009, 9:11 am
#4559
Moderator: Avis and Rental Cars
Join Date: Oct 2006
Posts: 8,033
Just got my MVB's. Now the question becomes should I save more than 2 rolls for distribution, or give them to the bank and please them. Decisions, decisions
Sep 22, 2009, 9:22 am
#4560
Join Date: Nov 1999
Programs: UA, DL, AA, Sutherlands Lumber
Posts: 7,359
I just got too greedy and creative for my own good. A new thread idea: "How I trashed my credit with the US dollar coin".