magickingdomprincess
DIS Veteran
- Joined
- Oct 5, 2015
Thanks so much for the detailed paypal/Target instructions! Just got a $500 DGC to use either on my Oct trip or DVC dues.
So I made a mistake with my application for Schwab Platinum. I added P2 as an authorized user. I have done so many amex biz applications in the past year and always added him for the extra help with MSR, that I just did it out of habit. Now that makes him 5/24! Is there any way to un-do this? On another note I just want to say how awesome this board is. I remember when I first got started reading a post from @Lain about the cash out with Schwab plat to brokerage and thinking wow I'll never get in that deep. Well, almost two years later here I am and I cashed out 500,000+ MRs tonight to my brokerage account at 1.25 ccp. Crazy! Now I'm wondering if I should have done that much at one time- is that a big deal or should I have spread it out? I've been so busy I kept putting it off, but I know it changes to 1.1 on Sept 1st so I wanted to do it before then.
Congratulations!
500k MR for $6,250 is quite an achievement! Don’t second guess your decision at all. You can always earn more MRs, but you won’t be able to cash them out again for 1.25 cpp after today. And don’t worry about Amex — the Invest with Rewards option is there exactly for redemptions like this. And you’re not the only one trying to lock in the higher redemption rate before tomorrow.
Bad news about P2 though. There’s no way to undo the effect on his 5/24. Because the CS Plat is a personal card, it’ll eventually report to his credit reports — in as soon your first statement close. If there’s a Chase card you’ve been eyeing for P2, you may want to sneak it in ASAP before the CS Plat AU goes on his CRs. Even if you remove P2 as an AU, Amex will not remove the fact that he was an AU on your card from his CRs since he’s your spouse, and Chase will continue to count that as a new account until it drops off in 24 months. You may still want to remove P2 as an AU (or at least downgrade his Platinum AU to a “Gold” AU) because an additional Platinum card is $175 (but you can add up to 3 Platinum AUs for that fee). Unfortunately, Platinum AUs don’t each get their own set of the Platinum’s credits other than GE/Precheck (which is available with the free “Gold” AU card, anyway). Platinum AUs do each get their own entry and guest into the Centurion Lounge, which may or may not be useful to you. This kind of stuff happens. There is life after 5/24, especially if he hasn’t hit Amex hard yet.
I could be wrong but my understanding was that P2 would be auto denied from Chase for being over 5/24 but if the P2 is willing to call the recon line, they can explain that one of the 5 cards is an AU card and many times the recon specialist will then be able to override the initial auto denial. Is this no longer the case ?
I could be wrong but my understanding was that P2 would be auto denied from Chase for being over 5/24 but if the P2 is willing to call the recon line, they can explain that one of the 5 cards is an AU card and many times the recon specialist will then be able to override the initial auto denial. Is this no longer the case ?
For P2, I would remove him as a P2 and then contact the credit bureaus and asked that it be removed from his credit history saying something like it was he was removed from the account and he was and is not responsible for the card. Some of the credit bureaus it is easier than others.So I made a mistake with my application for Schwab Platinum. I added P2 as an authorized user. I have done so many amex biz applications in the past year and always added him for the extra help with MSR, that I just did it out of habit. Now that makes him 5/24! Is there any way to un-do this? On another note I just want to say how awesome this board is. I remember when I first got started reading a post from @Lain about the cash out with Schwab plat to brokerage and thinking wow I'll never get in that deep. Well, almost two years later here I am and I cashed out 500,000+ MRs tonight to my brokerage account at 1.25 ccp. Crazy! Now I'm wondering if I should have done that much at one time- is that a big deal or should I have spread it out? I've been so busy I kept putting it off, but I know it changes to 1.1 on Sept 1st so I wanted to do it before then.
huh I don't have any of these deals on my page....Just tagging this one in case anybody missed it - this 10% off $500 @ Target deal is pretty awesome!
To access this deal - login to paypal and click on DEALS.
IF you don't see a target deal in your first list (scroll through to the right) I advise you add the Hot Topic deal (might have to click save offer 2-3 times to fully add it). After I did that, the Target offer then appeared!
This expires on 9/1 so if you want to do it... get on it NOW! The way it works is that you go to Target.com, Buy a $500 Disney GC or Target GC, and it only charges your card $450. It was super easy!
I did it with my Discover card and got 5% CashBack with their quarterly Paypal category...
huh I don't have any of these deals on my page....
I used the Target/PayPal deal on Friday to get two $200 eVGC’s and it worked. Sweet deal.
Can anybody tell me what the current situation is with converting VGC and MCGC to serve? Can I do both at FD and VGC only at Walmart (but not MCGC)? I think that was how it was last time I was doing it, but Walmart being iffy at times. I’m done paying on tuition for a couple months and I’ve been out of the loop since last winter.
It's to London. Both ways (not round trip because I need to fly in and out of different cities) is 290k. It seems high to me as well. It is first class.
Dh doesn’t see it on his account. He’s tried adding offers but the target one still hasn’t showed upi didn’t either. I just randomly added a deal and then the Target one showed up.
I could be wrong but my understanding was that P2 would be auto denied from Chase for being over 5/24 but if the P2 is willing to call the recon line, they can explain that one of the 5 cards is an AU card and many times the recon specialist will then be able to override the initial auto denial. Is this no longer the case ?
Yes, you can still call recon and ask that AU cards not be counted. @Minnie368
You can ask but neither Chase nor credit bureaus have to remove/disregard AU. I have been denied by both.For P2, I would remove him as a P2 and then contact the credit bureaus and asked that it be removed from his credit history saying something like it was he was removed from the account and he was and is not responsible for the card. Some of the credit bureaus it is easier than others.
I went through the process when I was initially starting out many years ago.
Make sure he's on desktop not app or mobile.Dh doesn’t see it on his account. He’s tried adding offers but the target one still hasn’t showed up