Reply
Regular Contributor
Posts: 154
Registered: ‎02-24-2010
0

NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.

[ Edited ]

Ladies and Gentlemen - 

 

I need your help. NFCU has blocked all of my credit cards (3 to be exact); however, I still have access to my checking, savings, and on-line banking. I have no idea why this was done. The only thing that I have been recently doing is making balance transfers from my NFCU credit cards to my Capital One credit cards and vice versa to take advantage of the 0% promotion. I assume the accounts triggered some sort of suspicious activity in their system - I don't know. I've been a member for almost 3 years and I have never been late - not even a day. I'm waiting to hear back from their security department. 

 

I just wanted to confirm with the experts that there is nothing illegal about making balance transfers back and forth between different credit card accounts right? Or am I missing something? 

 

Please advise. Thank you. 

 

Total CL's combine: $150,600.
Contributor
Posts: 253
Registered: ‎08-06-2012
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.

Call them and ask whats up? 


Walmart Discover ($5000) - Amazon ($5500) - Cap1 Cash Rewards ($2000) - Meijer ($5000) - Discover More ($1800) - Car Care One ($2100) - Amex Delta Skymiles ($2000) - Citi Thank You Preferred ($2000) - Chase Freedom ($500) - Sam's Club, GE ($1237?)
Regular Contributor
Posts: 154
Registered: ‎02-24-2010
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.

Funny! Believe or not that's the first thing I did; however, I'm still waiting to hear back from their security department. Left several messages already. 

Total CL's combine: $150,600.
Valued Contributor
Posts: 1,673
Registered: ‎11-11-2012
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.


TATATA wrote:

Ladies and Gentlemen - 

 

I need your help. NFCU has blocked all of my credit cards (3 to be exact); however, I still have access to my checking, savings, and on-line banking. I have no idea why this was done. The only thing that I have been recently doing is making balance transfers from my NFCU credit cards to my Capital One credit cards and vice versa to take advantage of the 0% promotion. I assume the accounts triggered some sort of suspicious activity in their system - I don't know. I've been a member for almost 3 years and I have never been late - not even a day. I'm waiting to hear back from their security department. 

 

I just wanted to confirm with the experts that there is nothing illegal about making balance transfers back and forth between different credit card accounts right? Or am I missing something? 

 

Please advise. Thank you. 

 


This should be OK.  Many issuers block transfers between their own cards, but cross companies it really shouldn't matter.   Of course, doesn't always make sense if there are BT fees.

Frequent Contributor
Posts: 455
Registered: ‎01-04-2012
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.


TATATA wrote:

Ladies and Gentlemen - 

 

I need your help. NFCU has blocked all of my credit cards (3 to be exact); however, I still have access to my checking, savings, and on-line banking. I have no idea why this was done. The only thing that I have been recently doing is making balance transfers from my NFCU credit cards to my Capital One credit cards and vice versa to take advantage of the 0% promotion. I assume the accounts triggered some sort of suspicious activity in their system - I don't know. I've been a member for almost 3 years and I have never been late - not even a day. I'm waiting to hear back from their security department. 

 

I just wanted to confirm with the experts that there is nothing illegal about making balance transfers back and forth between different credit card accounts right? Or am I missing something? 

 

Please advise. Thank you. 

 


I do believe you triggered an alert especially going back and forth  i am positive that nfcu is looking out for your best interest! Please keep us updated

Regular Contributor
Posts: 179
Registered: ‎01-17-2008
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.

yeah i agree its just a precuation from navyfed once you verify transaction the hold should be lifted 

Frequent Contributor
Posts: 266
Registered: ‎10-04-2009
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.

What's the reasoning for transferring back and forth between the same accounts?

Regular Contributor
Posts: 154
Registered: ‎02-24-2010
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.


wallyworld123 wrote:

TATATA wrote:

Ladies and Gentlemen - 

 

I need your help. NFCU has blocked all of my credit cards (3 to be exact); however, I still have access to my checking, savings, and on-line banking. I have no idea why this was done. The only thing that I have been recently doing is making balance transfers from my NFCU credit cards to my Capital One credit cards and vice versa to take advantage of the 0% promotion. I assume the accounts triggered some sort of suspicious activity in their system - I don't know. I've been a member for almost 3 years and I have never been late - not even a day. I'm waiting to hear back from their security department. 

 

I just wanted to confirm with the experts that there is nothing illegal about making balance transfers back and forth between different credit card accounts right? Or am I missing something? 

 

Please advise. Thank you. 

 


I do believe you triggered an alert especially going back and forth  i am positive that nfcu is looking out for your best interest! Please keep us updated


I hope you're right. I will most definitely keep all of you updated. 

Total CL's combine: $150,600.
Regular Contributor
Posts: 154
Registered: ‎02-24-2010
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.


bostonte wrote:

What's the reasoning for transferring back and forth between the same accounts?


To get the 0% APR for 12 months on all my balance transfers. 

Total CL's combine: $150,600.
Valued Contributor
Posts: 1,673
Registered: ‎11-11-2012
0

Re: NFCU HAS BLOCKED ALL OF MY CREDIT CARD ACCOUNTS. I NEED YOUR HELP.

[ Edited ]

And there is no BT fee?

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.