Talk about over zealous CSRs....eeeek..... one time went to set up the pin for chip and pin on arrival plus and all these id questions come up our of nowhere that didnt even match my SO. And then there was the time with the app for Ring where not only for my SO, but for 1 friend and a few famly members, were required to send in copies of ID, SSN, piece of mail, AND professional licensure.
Then there was another instance (again with SO and others) where these security questions came up and my SO got them wrong (finally learned to just memorize the incorrect answers, funny how I had to do the same thing with Alliant at least they admit there are many issues with this process), account was locked, forced to call in...nothing fraudulent had happened ever. Out of the 3, 1 person with scores near 800 and no new accounts was balance chased after getting a sum of money left in a will, and paid their card in full. I wish I could remember what they said the reasoning was. Something along the lines of it looked suspicious to them that they had borrowed money to pay the bill off.
Bts on ring no problem, even up to 60% of limit and PIF, and still no increase (like 18+ months old) ...is it really worth the hassle to take the HP for another 5 or 10k when all heck could break? I know most ring increases usually go 10 to 15 to 20, and some of their limits are in the 20-40k range...Thoughts? My thought is, if its been done several times with no repercussions then its not worth it. They get paid some interest, and utilization eventually heals.
Eventually we all got over it. If anything happens we have plenty of other options (hence my stern view in the importance of a little diversity in ones wallet)....and with arrival plus redemptions changing to $100 minimum, eventual loss of trip it pro, and you have to remember to do barclays math or else you are stuck with points in limbo due to the rebate. https://www.reddit.com/r/churning/comments/4apl32/barclay_arrival_redemption_math/ :
Basically if you have 46k points you should redeem 38,105 miles towards a purchase, then you are left with 9800. Then you only spend $100 on travel and you can redeem your 10k miles. Then left with 500 miles. Had you redeemed all 46k points at once you'd have 2300 miles in limbo and be required to spend another $3,850 before you can make another redemption.
After watching a documentary about the mortgage bailouts in the UK, some of their paranoia/scruitiny makes sense.
Still, I love the idea of a card available to pretty much anyone, with their community that votes on aspects of the card (design, reducing FTFs yet increasing CA fees). Discussions about credit, etc. Cool stuff. I would think more credit unions would do this since you basically own a share or portion, so you should be able to have some input. And at least it gets folks aware that single digit APR cards still exist.
So feel free to do those BTs!