Savings Bond Question - Mileage Plus Visa Signature Card
Jul 24, 2003, 8:12 am
#1
Original Poster
Join Date: Jul 2003
Posts: 8
Savings Bond Question - Mileage Plus Visa Signature Card
I received my new United Mileage Plus Visa Signature credit card yesterday. I called customer service and asked about purchasing savings bonds over the internet. I was told it would most likely be considered a cash advance rather than a purchase. Has anyone used this type credit card to purchase savings bonds in the last few months?
Thanks!
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MilesMan
Thanks!
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MilesMan
Jul 24, 2003, 8:49 am
#3
Join Date: Oct 2002
Location: SF Eastbay
Programs: AA Plt-Lite 2MM,HH Gld, MR Plat
Posts: 613
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ed926:
I received my new United Mileage Plus Visa Signature credit card yesterday. I called customer service and asked about purchasing savings bonds over the internet. I was told it would most likely be considered a cash advance rather than a purchase. Has anyone used this type credit card to purchase savings bonds in the last few months?
Thanks!
</font>
I received my new United Mileage Plus Visa Signature credit card yesterday. I called customer service and asked about purchasing savings bonds over the internet. I was told it would most likely be considered a cash advance rather than a purchase. Has anyone used this type credit card to purchase savings bonds in the last few months?
Thanks!
</font>
Jul 24, 2003, 9:08 am
#4
Suspended
Join Date: Jul 2002
Location: Los Angeles, CA
Programs: United Premier, American Airlines
Posts: 896
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ed926:
I received my new United Mileage Plus Visa Signature credit card yesterday. I called customer service and asked about purchasing savings bonds over the internet. I was told it would most likely be considered a cash advance rather than a purchase. Has anyone used this type credit card to purchase savings bonds in the last few months?
Thanks!
</font>
I received my new United Mileage Plus Visa Signature credit card yesterday. I called customer service and asked about purchasing savings bonds over the internet. I was told it would most likely be considered a cash advance rather than a purchase. Has anyone used this type credit card to purchase savings bonds in the last few months?
Thanks!
</font>
Jul 24, 2003, 1:56 pm
#6
FlyerTalk Evangelist
Join Date: Mar 2002
Location: SPI
Programs: AA Gold, UA LT Plat, Mar LTT
Posts: 18,147
ed926: Welcome to Flyertalk!! What you've just experienced is found in practically every airline, hotel chain, credit card service center or what have you:
It's called: 1) Politely hang up, and then 2) CALL BACK!
You were given bad info by the CSR with whom you spoke. MP Visa, as issued by an entity of Bank One, and with whom I am VERY familiar
will treat these purchases as sales transactions rather than cash advances, as another of the posters has correctly pointed out.
So, start spending and Best wishes, Dave
It's called: 1) Politely hang up, and then 2) CALL BACK!
You were given bad info by the CSR with whom you spoke. MP Visa, as issued by an entity of Bank One, and with whom I am VERY familiar
will treat these purchases as sales transactions rather than cash advances, as another of the posters has correctly pointed out.So, start spending and Best wishes, Dave
Jul 25, 2003, 5:53 pm
#7
Original Member
Join Date: May 1998
Posts: 2,505
Whenever I hear "most likely" or "I think" or the like from a customer rep, I say that I am not interested in a best guess, I actually need the correct info. If it is not forthcomming, I ask to speak to a supervisor.
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Free Frequent Flyer Miles
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Free Frequent Flyer Miles
Jul 25, 2003, 9:37 pm
#9
Join Date: Jan 2000
Location: Northern California
Programs: Inf Elite CO, lifetime AA Platinum
Posts: 1,937
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">what kind of Bond will be the best? EE?</font>
Jul 30, 2003, 8:58 pm
#11
Join Date: Oct 2002
Location: Los Angeles, CA, USA
Programs: AA EXP MM, Hyatt Globalist, Bonvoy Titanium
Posts: 136
Yes, I-bonds is the way to go for now. There are so many threads and links in the forums for all sorts of info. You might want to take a look at this one, which is fairly comprehensive:
http://www.dhanson.net/ibonds.htm
http://www.dhanson.net/ibonds.htm