I love credit cards so much! v5.0 - 2022 (see first page for add'l details)

[platamama]

Credit cards - specifically Amex Marriott Brilliant. My statement is about to close and my $450 annual fee is about to become due, should be charged this weekend.

I want to downgrade the card to the regular $95 Bonvoy, not close it. I get value out of the 35K night.

It's been a while since I dealt with this situation and I want to make sure I'm thinking correctly. I should have earned my 50K FNC.

Not happy with the new credit. $25 a month restaurant. The $300 was easy to be one and done.

So do I call now or wait until the annual fee posts? I've had the card since 2018 and do want to keep the ability to switch it back, when things change again or if I find a need for it.

In 2020, I downgraded my Brilliant to the regular Bonvoy. I waited for the $450AF to post (and ended up getting a 50K FNC since I let the $450AF post), bought a $300 Marriott gift card and waited for my $300 credit to post, then downgraded to the regular Bonvoy. My AFs were prorated: got $420.32 back for the Brilliant and was charged $88.49 for the Bonvoy. So by my calculations, I paid $118.17 in AFs and got a $300 Marriott gift card and a 50K FNC out of it. I've been waiting for an upgrade offer, and one has never materialized. But since it's now a $25 monthly dining credit it's less appealing anyway.

Another credit card semi rant: 2 cards I've had have changed. The Radisson Rewards card and now my BOA AAA card. I use AAA and usually will use the card at their garage for stuff.

AAA is going with Commenity Bank. Now I have to set up a new online account if I keep it. Ugh.

RR which was US Bank kept the account and turned it into a US Bank something card. And charged the annual fee than refunded it as a credit. I've spent it down to the last few pennies.

I'm contemplating closing both cards. Any good reason to keep the US Bank relationship?

I had a card that was handled by Comenity Bank, and I hated their website and complete lack of contact information to speak with a human. I closed the card because I couldn't deal with Comenity. If I saw a card issued by Comenity I wouldn't even consider it. I do deal with lots of other card issuers (Chase, Amex, Capital One, BoA, US Bank, Citi, Discover, Wells Fargo) and avoid Comenity and Synchrony, and will hold my nose for Barclay.

I'm in the same position as you with the Radisson card. I still need to spend down my negative balance. I did see a blog post by someone who PC'd theirs to a Cash+ card (choose a 5% bonus category every quarter) and I'm considering that. Since REI got transferred to Cap One, this is the only US Bank relationship I have left and I guess I want to leave the door open to one of their products in the future. It's not likely that I will pursue one, but I guess I don't see the harm in holding a NAF card with them, unless it's to simplify my CCs which isn't such a bad idea. lol

 

[becauseimnew]

Credit cards - specifically Amex Marriott Brilliant. My statement is about to close and my $450 annual fee is about to become due, should be charged this weekend.

I want to downgrade the card to the regular $95 Bonvoy, not close it. I get value out of the 35K night.

It's been a while since I dealt with this situation and I want to make sure I'm thinking correctly. I should have earned my 50K FNC.

Not happy with the new credit. $25 a month restaurant. The $300 was easy to be one and done.

So do I call now or wait until the annual fee posts? I've had the card since 2018 and do want to keep the ability to switch it back, when things change again or if I find a need for it.

When DH downgraded he still received the 50K certificate, but we waited almost 30 days after the AF posted to downgrade the card. You'll be charged a prorated AF rate by day. We ended paying like $35 for the Brillant AF & $87 for the Bonvoy fee.
I don't remember the exact date the credit change happens, but you might see if you will get the $300 credit before it changes to restaurant, before you downgrade. You can downgrade at any point, you don't have to be within 30 days of AF posting.

 

[FreeDiningFanatic]

I made a mistake - I was upset with American Express because I have had my account since 2016, I had never been late, and they charged me a $29 late fee on a $30 balance. I called on Monday and was told my request for a waiver would take 72 hours. I called back on Thursday (and used the online chat) and the phone rep didn't have a record of my request, but the online rep said that I would receive my credit in two days. Called back on Saturday and the rep said that I wasn't eligible for a late fee waiver and although he did waive it for me, he would rather defend the late fee policy than value the relationship.

I was disappointed with customer service (and upset with the third rep for using the wrong pronouns), so I decided to downgrade my card from Gold to Blue. Well, I didn't realize that they would take away the free checked bags on a reservation I had already booked! I was traveling to Disneyland with two friends, one checked a bag on the way there, and two checked bags on the way back - $90! I only got $81.46 back as a prorated annual fee, so I lost money. I wish I had waited until after my trip to downgrade, but I was so disappointed and upset that it felt like the right thing to do.

I decided that I'm going to keep my American Express because I have a lot of available credit with them and don't want to hurt my score, but I will not be paying them any more annual fees. I compared my Gold Delta SkyMiles card side-by-side with my IHG Rewards card, and the IHG Rewards card gives you so much more for the same $99 annual fee - 5x on travel, dining, and gas stations, 3x on everything else, free anniversary night, fourth night free, DashPass, and Global Entry. American Express just doesn't feel competitive to me anymore, and I don't feel like my loyalty was valued.

I too have let my frustration guide decision making and then realize exactly as @gottalovepluto says, the reps and banks don't value your relationship. And it seems customer service has largely disappeared. But just like you, in the end, it's a lesson that needed to be learned because it will shift how you choose to do business with them in the future.

Mistakes happen. But over the last few years of churning I’ve learned to keep the emotions out of it. So what if I have to pay $50 in I Was Dumb fines? I make $$$ off all the banks/issuers that makes it up as a churner. Getting mad they won’t waive a fee will inhibit my ability to think clearly about my current cc’s and next cc’s. Any large issuer is just a bank. There is no relationship. They don’t- and have never unless you’re a millionaire spending lots of money - care about you as a customer. It’s only, ever, just business. So, I check my emotions at the door and remind myself it’s just business.

I also learned AutoPay is Life

This is so well said. Its should be a sticky.

Would be careful with this too. Seen some bad stuff lately with autopay, esp if it lands on a weekend. Someone's didn't get pulled and was then late, huge issues with amex.

Would like to hear more about this. All my CC are on autopay for the statement balance, some I set up to pay a few days before the due date. Usually goes smoothly. Was it a pull from AmEx or a payment sent by a bank?

I had a slight issue last month because REI switched their co-branded card from US Bank to Cap One. I couldn't find the account online on either website and my scheduled autopay didn't happen. I caught it the next day and called Cap One who fixed it and removed the $10 late pay fee.

I have had numerous problems with Amex's autopay for both P1 and P2. Seems to happen on biz cards. Somehow their system shuts off auto-pay on their side, but when you log into the app or portal as the customer, it shows as set up. The only way to know it's randomly turned off is some blurb they put on the online statement. Which honestly, I'm not paying much attention to because, well, I have autopay set up and I am looking constantly at my transactions online in real time. It's very frustrating bc what good is auto-pay if you can't trust that it will AUTO PAY?

 

[georgina]

I have had numerous problems with Amex's autopay for both P1 and P2. Seems to happen on biz cards. Somehow their system shuts off auto-pay on their side, but when you log into the app or portal as the customer, it shows as set up. The only way to know it's randomly turned off is some blurb they put on the online statement. Which honestly, I'm not paying much attention to because, well, I have autopay set up and I am looking constantly at my transactions online in real time. It's very frustrating bc what good is auto-pay if you can't trust that it will AUTO PAY?

Hmm. I usually get an autopay reminder email for my personal AmEx, separate from the statement email. i barely use my Bonvoy business card, only when I have an offer. Guess I will pay more attention in the future.

 

[wdwpluto]

@LilSweetPeaPhoto my quote didn't work but this was meant to reply to your post!

Is it for AT&T or Verizon that you need the pin? For AT&T you can go into a corporate store (and not all stores are corporate stores and you have to call around to find one that is) with the person and their photo ID (in my case I was able to dad's photo ID, death certificate, and letters of administration showing me as executor) and they will be able to reset the pin. But it took me half a dozen phone calls and 4 visits to AT&T stores to find someone who knew this/provided me that info. Their customer service is a disgrace.

If it's Verizon, you may ask if something similar can be done. And if you don't get a yes, ask again and again of different stores and people on the phone. Super frustrating!

 

[*WDW*Groupie*]

If anyone would care to chime in with what they would do I'd appreciate any advice.

Dd decided to take a semester off from biochemical engineering and apply to Bioveterinary sciences at Dalhousie U (and was accepted) in Halifax, starting in January. She was offered a job at the vet clinic (where she was shadowing the vet several hours a week during the summer) and works 23 hours / week. She is also taking 2 online courses so that she can start directly in 3rd year in biovet sciences in January.

So, my dilemma is that I booked my trip to the Maldives, Dubai and Singapore to coincide with her leaving for school (supposed to leave on September 17). Dd has indicated that she'd like me to stay home to look after her (make breakfast, lunch and dinner for her) and also she doesn't fancy being in the house alone (even though ds said he could stay or pop in for dinner whenever she wants). Dh is always traveling so he cannot be relied on to stay with her. She has decided that she wants to see her BFF in NYC (attends NYU) for a few nights and I'm not crazy about her flying there and staying in a hotel by herself (apparently Moxy East Village is close to NYU).

I can re-book for February BUT the Al Maha would be 480k points for 5 nights (I have it booked for 355k) and the Ritz Carlton Maldives would be 476,000 (I have it booked for 414k). I don't have the points to re-book, so I'd have to buy points and cut my stay at Al Maha to 3 nights to make a February trip work. I was able to get flights on points in February (1st on Etihad going there, 1st on Qatar on the leased Cathay Pacific planes and first on Oman Air to London to meet ds for an Arsenal game in early March). I just can't seem to bring myself to cancel the trip. I am so conflicted.

WWYD?

 

[reliev]

Mistakes happen. But over the last few years of churning I’ve learned to keep the emotions out of it. So what if I have to pay $50 in I Was Dumb fines? I make $$$ off all the banks/issuers that makes it up as a churner. Getting mad they won’t waive a fee will inhibit my ability to think clearly about my current cc’s and next cc’s. Any large issuer is just a bank. There is no relationship. They don’t- and have never unless you’re a millionaire spending lots of money - care about you as a customer. It’s only, ever, just business. So, I check my emotions at the door and remind myself it’s just business.

I also learned AutoPay is Life

I disagree about the last part. They are the only bank I continually see people posting on reddit that they got their accounts closed due to a returned payment. Mistake or not, they often don't get their accounts reinstated.

While I agree it's crap that it seems banks aren't as willing to waive a late fee lately, they are there to make money and I'd imagine there are more people missing payments lately and they are just done. They never had to waive the fee to start with.



Would be careful with this too. Seen some bad stuff lately with autopay, esp if it lands on a weekend. Someone's didn't get pulled and was then late, huge issues with amex.

I've always thought about setting auto pay for minimum incase I go somewhere and forget but I've been pretty good about it the last 10 years. I did have an auto-pay problem with spectrum one time where they "accidentally charged people" for 3 months it happened to a majority of auto-pay people and they didn't want to give me my money back I should have disputed the other part of it but I kept calling and calling and they finally gave it back to me took like 3 weeks. If you setup auto-pay for minimum and make the full payment before then does it cancel the auto-pay for chase and AMEX or do I have to go in and cancel it? this is why I never did it.

 

[reliev]

Yikes. I have two nights booked using two Platinum cards at the Ritz Carlton Atlanta for next week. Wonder what I should do.

maybe cancel one night unless you want to pay for both?

 

[afan]

If anyone would care to chime in with what they would do I'd appreciate any advice.

Dd decided to take a semester off from biochemical engineering and apply to Bioveterinary sciences at Dalhousie U (and was accepted) in Halifax, starting in January. She was offered a job at the vet clinic (where she was shadowing the vet several hours a week during the summer) and works 23 hours / week. She is also taking 2 online courses so that she can start directly in 3rd year in biovet sciences in January.

So, my dilemma is that I booked my trip to the Maldives, Dubai and Singapore to coincide with her leaving for school (supposed to leave on September 17). Dd has indicated that she'd like me to stay home to look after her (make breakfast, lunch and dinner for her) and also she doesn't fancy being in the house alone (even though ds said he could stay or pop in for dinner whenever she wants). Dh is always traveling so he cannot be relied on to stay with her. She has decided that she wants to see her BFF in NYC (attends NYU) for a few nights and I'm not crazy about her flying there and staying in a hotel by herself (apparently Moxy East Village is close to NYU).

I can re-book for February BUT the Al Maha would be 480k points for 5 nights (I have it booked for 355k) and the Ritz Carlton Maldives would be 476,000 (I have it booked for 414k). I don't have the points to re-book, so I'd have to buy points and cut my stay at Al Maha to 3 nights to make a February trip work. I was able to get flights on points in February (1st on Etihad going there, 1st on Qatar on the leased Cathay Pacific planes and first on Oman Air to London to meet ds for an Arsenal game in early March). I just can't seem to bring myself to cancel the trip. I am so conflicted.

WWYD?

She'd be away at school living in the dorms or an apt right? You're saying she'll be a 3rd year so almost 21 right?

Go on your vacation, she's old enough to take care of herself and travel alone as well. You've traveled with her enough she should be fine and know what to do.

She's working part time and taking 2 classes, she'll have time to make food etc. She'll be a "grown up" soon enough and need to be doing this anyway.

This is also coming from an only child that even as an adult gets annoyed when my mother is selfish and does stuff without asking, like leaving me to take care of the house/yard etc for 2 months. Also coming from the annoyance that a car appt to put some trim on my mom's car is what kept me from being able to potentially push my japan trip to the end of Sept.

 

[reliev]

also, something about Amex they will dispute anything! chase it takes forever I know it's on this thread somewhere but I finally got back my 95$ refrigerator shelf back it took almost 50 days!

 

[wanderlust7]

If anyone would care to chime in with what they would do I'd appreciate any advice.

Dd decided to take a semester off from biochemical engineering and apply to Bioveterinary sciences at Dalhousie U (and was accepted) in Halifax, starting in January. She was offered a job at the vet clinic (where she was shadowing the vet several hours a week during the summer) and works 23 hours / week. She is also taking 2 online courses so that she can start directly in 3rd year in biovet sciences in January.

So, my dilemma is that I booked my trip to the Maldives, Dubai and Singapore to coincide with her leaving for school (supposed to leave on September 17). Dd has indicated that she'd like me to stay home to look after her (make breakfast, lunch and dinner for her) and also she doesn't fancy being in the house alone (even though ds said he could stay or pop in for dinner whenever she wants). Dh is always traveling so he cannot be relied on to stay with her. She has decided that she wants to see her BFF in NYC (attends NYU) for a few nights and I'm not crazy about her flying there and staying in a hotel by herself (apparently Moxy East Village is close to NYU).

I can re-book for February BUT the Al Maha would be 480k points for 5 nights (I have it booked for 355k) and the Ritz Carlton Maldives would be 476,000 (I have it booked for 414k). I don't have the points to re-book, so I'd have to buy points and cut my stay at Al Maha to 3 nights to make a February trip work. I was able to get flights on points in February (1st on Etihad going there, 1st on Qatar on the leased Cathay Pacific planes and first on Oman Air to London to meet ds for an Arsenal game in early March). I just can't seem to bring myself to cancel the trip. I am so conflicted.

WWYD?

Are you able to cancel or rebook the hotels with no penalties? Is the alternative to rebooking that you'd go by yourself? If that feels appealing to you, I'd just do that.

Maybe when DD is in college, I'll feel differently. But imagining it now, I'd think she's a big girl and I would make decisions on what I wanted instead.

 

[wanderlust7]

Yikes. I have two nights booked using two Platinum cards at the Ritz Carlton Atlanta for next week. Wonder what I should do.

Your reservations are fine, you just might not get the $100 amenity credit twice. That was always YMMV anyways. If it's 2 nights under different people, it used to be more likely you'll get it twice since it would be under different folios. Now they're just spelling out that's not allowed either.

It'll be up to the hotel to enforce it. If you go expecting only $100, then you won't be disappointed.

 

[reliev]

Your reservations are fine, you just might not get the $100 amenity credit twice. That was always YMMV anyways. If it's 2 nights under different people, it used to be more likely you'll get it twice since it would be under different folios. Now they're just spelling out that's not allowed either.

It'll be up to the hotel to enforce it. If you go expecting only $100, then you won't be disappointed.

yeah from what I read under that thread people who pushed back got FHR bans. I agree if you think its just 100$ and go oh i didn't know sorry then yeah id say keep it.

 

[LilSweetPeaPhoto]

I think I might get "screwed" trying to use the VGCs on my taxes. Which I guess means I have to hit up the FDs. Good thing my son is back to skating at the rink that has a FD on the way because I swear the closest one is always at it's daily max whenever I go there. I'm only allowed 3 "swipes" every 5 days. I think I've paid down $600. Again, I don't know what day of the week it is, time, etc thanks to this time suck of endless hours in the ICU. Anyways, if the 5 days is true (I honestly thought it was 3), than I'm blocked for 4 more days before I can do $600 again. I currently still owe $1800 and the bill has to be paid in full in 7 days. So I might just have to do 2 GCs and then put the remainder on the card. Ugh I may need to go back because I think I posted on here back in Jan when this happened the "exact rules" my township uses.

My vet just called for an appt reminder and let me know that cc will now incur a 2% fee. I think the glory days of cc points are coming to an end.

Did you hear about the bill congress just proposed to eliminate points/rewards? I guess it passed prior in regards to debit cards and that's why they don't have rewards anymore! Oh hell no!

I made a mistake - I was upset with American Express because I have had my account since 2016, I had never been late, and they charged me a $29 late fee on a $30 balance. I called on Monday and was told my request for a waiver would take 72 hours. I called back on Thursday (and used the online chat) and the phone rep didn't have a record of my request, but the online rep said that I would receive my credit in two days. Called back on Saturday and the rep said that I wasn't eligible for a late fee waiver and although he did waive it for me, he would rather defend the late fee policy than value the relationship.

I was disappointed with customer service (and upset with the third rep for using the wrong pronouns), so I decided to downgrade my card from Gold to Blue. Well, I didn't realize that they would take away the free checked bags on a reservation I had already booked! I was traveling to Disneyland with two friends, one checked a bag on the way there, and two checked bags on the way back - $90! I only got $81.46 back as a prorated annual fee, so I lost money. I wish I had waited until after my trip to downgrade, but I was so disappointed and upset that it felt like the right thing to do.

I decided that I'm going to keep my American Express because I have a lot of available credit with them and don't want to hurt my score, but I will not be paying them any more annual fees. I compared my Gold Delta SkyMiles card side-by-side with my IHG Rewards card, and the IHG Rewards card gives you so much more for the same $99 annual fee - 5x on travel, dining, and gas stations, 3x on everything else, free anniversary night, fourth night free, DashPass, and Global Entry. American Express just doesn't feel competitive to me anymore, and I don't feel like my loyalty was valued.

I've been lucky in getting the late fees removed, but not any interest. GRRRRRR! I only keep my Delta for the free luggage, but I cancelled it this summer hoping to do the Delta Plat Biz. But I'm getting the pop up. I guess it's a good thing my BF is making me be a carry on girl, LOL.

 

[leeniewdw]

Did you hear about the bill congress just proposed to eliminate points/rewards? I guess it passed prior in regards to debit cards and that's why they don't have rewards anymore! Oh hell no!

I hadn't read about that, but I wouldn't be surprised if they tried to tax the value of redemptions somehow. Much like how this year the Ticketmaster/Stubhub/Etc is going to issue 1099s for anyone with sales of over $600 (I forget what the minimum was before). I'm not looking forward to trying to figure all that since they are just going to report the total sales, not minus original prices from what I understand. I should have started a spreadsheet. I don't have a TON of sales, but did sell some Hamilton tickets for a profit, though I've also sold smaller shows for a small loss.

 

[LilSweetPeaPhoto]

@LilSweetPeaPhoto my quote didn't work but this was meant to reply to your post!

Is it for AT&T or Verizon that you need the pin? For AT&T you can go into a corporate store (and not all stores are corporate stores and you have to call around to find one that is) with the person and their photo ID (in my case I was able to dad's photo ID, death certificate, and letters of administration showing me as executor) and they will be able to reset the pin. But it took me half a dozen phone calls and 4 visits to AT&T stores to find someone who knew this/provided me that info. Their customer service is a disgrace.

If it's Verizon, you may ask if something similar can be done. And if you don't get a yes, ask again and again of different stores and people on the phone. Super frustrating!

He's on Verizon, I'm on ATT. I was able to at least get the "transfer pin". Funny they gave me that, but won't let me have an account pin. When they asked why am I transferring his line, I'm like because I can't have access to his account and he's on life support and I'm w/ ATT. She was like, okay fair, LOL.

If anyone would care to chime in with what they would do I'd appreciate any advice.

Dd decided to take a semester off from biochemical engineering and apply to Bioveterinary sciences at Dalhousie U (and was accepted) in Halifax, starting in January. She was offered a job at the vet clinic (where she was shadowing the vet several hours a week during the summer) and works 23 hours / week. She is also taking 2 online courses so that she can start directly in 3rd year in biovet sciences in January.

So, my dilemma is that I booked my trip to the Maldives, Dubai and Singapore to coincide with her leaving for school (supposed to leave on September 17). Dd has indicated that she'd like me to stay home to look after her (make breakfast, lunch and dinner for her) and also she doesn't fancy being in the house alone (even though ds said he could stay or pop in for dinner whenever she wants). Dh is always traveling so he cannot be relied on to stay with her. She has decided that she wants to see her BFF in NYC (attends NYU) for a few nights and I'm not crazy about her flying there and staying in a hotel by herself (apparently Moxy East Village is close to NYU).

I can re-book for February BUT the Al Maha would be 480k points for 5 nights (I have it booked for 355k) and the Ritz Carlton Maldives would be 476,000 (I have it booked for 414k). I don't have the points to re-book, so I'd have to buy points and cut my stay at Al Maha to 3 nights to make a February trip work. I was able to get flights on points in February (1st on Etihad going there, 1st on Qatar on the leased Cathay Pacific planes and first on Oman Air to London to meet ds for an Arsenal game in early March). I just can't seem to bring myself to cancel the trip. I am so conflicted.

WWYD?

So if my math is right, she is at least 19 or 20 years old. GO!!!!!!! Heck I leave my kids now and they are 13 and 17, LOL. And my 17yo thought I was the meanest mom in the world for not letting her fly or drive to NYC alone last month to see Harry Styles, LOL.

As others have said, she is an adult and is about to be "in the real world". I know staying home alone can suck/be scary....but it sounds like others can check on her if needed. If she was still in BioChem, would she be away? On her own and caring for herself? If so, view this as no different!

Tough love time, LOL. Also I see my neighbors who have their son still living at home who HAS to be the same age as my BF now or close (between 37-40) AND he has a teaching job! I keep telling my kids, I'm not raising a "Johnny" LOL.

 

[LilSweetPeaPhoto]

I hadn't read about that, but I wouldn't be surprised if they tried to tax the value of redemptions somehow. Much like how this year the Ticketmaster/Stubhub/Etc is going to issue 1099s for anyone with sales of over $600 (I forget what the minimum was before). I'm not looking forward to trying to figure all that since they are just going to report the total sales, not minus original prices from what I understand. I should have started a spreadsheet. I don't have a TON of sales, but did sell some Hamilton tickets for a profit, though I've also sold smaller shows for a small loss.

Here's one of the articles on it. I saw it on TT and there was a link to sign up to voice NO! https://thefinancialbrand.com/news/...-collateral-damage-in-durbin-2-0-bill-151611/

As for the 1099, you only get one if it's profit my sister said. She sold tickets at face value and never got one. I'm hoping that's true as I sold my HS ticket for a loss!

 

[Judique]

In 2020, I downgraded my Brilliant to the regular Bonvoy. I waited for the $450AF to post (and ended up getting a 50K FNC since I let the $450AF post), bought a $300 Marriott gift card and waited for my $300 credit to post, then downgraded to the regular Bonvoy. My AFs were prorated: got $420.32 back for the Brilliant and was charged $88.49 for the Bonvoy. So by my calculations, I paid $118.17 in AFs and got a $300 Marriott gift card and a 50K FNC out of it. I've been waiting for an upgrade offer, and one has never materialized. But since it's now a $25 monthly dining credit it's less appealing anyway.

I had a card that was handled by Comenity Bank, and I hated their website and complete lack of contact information to speak with a human. I closed the card because I couldn't deal with Comenity. If I saw a card issued by Comenity I wouldn't even consider it. I do deal with lots of other card issuers (Chase, Amex, Capital One, BoA, US Bank, Citi, Discover, Wells Fargo) and avoid Comenity and Synchrony, and will hold my nose for Barclay.

I'm in the same position as you with the Radisson card. I still need to spend down my negative balance. I did see a blog post by someone who PC'd theirs to a Cash+ card (choose a 5% bonus category every quarter) and I'm considering that. Since REI got transferred to Cap One, this is the only US Bank relationship I have left and I guess I want to leave the door open to one of their products in the future. It's not likely that I will pursue one, but I guess I don't see the harm in holding a NAF card with them, unless it's to simplify my CCs which isn't such a bad idea. lol

Thanks! I may go ahead and downgrade the Brilliant card before the fee posts. I've received the email for the FNC. Hopefully it will arrive as a 50K and if it doesn't not a huge deal.

Your comments on Commenity Bank are what I fear. It will get the axe.

 

[reliev]

I hadn't read about that, but I wouldn't be surprised if they tried to tax the value of redemptions somehow. Much like how this year the Ticketmaster/Stubhub/Etc is going to issue 1099s for anyone with sales of over $600 (I forget what the minimum was before). I'm not looking forward to trying to figure all that since they are just going to report the total sales, not minus original prices from what I understand. I should have started a spreadsheet. I don't have a TON of sales, but did sell some Hamilton tickets for a profit, though I've also sold smaller shows for a small loss.

it's because of scalpers I just sold my nosebleed foo fighters ticket it said the profit well see I guess.

edit didn't see @LilSweetPeaPhoto post thanks for confirming what i skimmed through

 

[leeniewdw]

Here's one of the articles on it. I saw it on TT and there was a link to sign up to voice NO! https://thefinancialbrand.com/news/...-collateral-damage-in-durbin-2-0-bill-151611/

As for the 1099, you only get one if it's profit my sister said. She sold tickets at face value and never got one. I'm hoping that's true as I sold my HS ticket for a loss!

Hmm, this is the first year since they lowered the amount, so I don't think anyone would be getting anything until next January. The prior amount was like $10,000 (maybe more). I had to provide my SSN for tickets I sold on StubHub and they had no idea what I paid for them (they were ticketmaster tickets for a show that they weren't allowing resales, so had to sell them on Stubhub and then forward the tickets via Ticketmaster).

"Ticketmaster is generally required to file a Form 1099-K report with the IRS if the gross amount of your transactions on our marketplaces is $600 or more in a calendar year. "