topic Re: Buying gift cards on quicksilver in Credit Cards

Buying gift cards on quicksilver

taxi818 — Wed, 24 Dec 2014 15:41:37 GMT

Want to get last few gift cards out the way. Can I use it buy cards without AA

Re: Buying gift cards on quicksilver

ScoreOrBeScored — Wed, 24 Dec 2014 15:46:58 GMT

Yes you may. How much are you intending to buy ?

Re: Buying gift cards on quicksilver

taxi818 — Wed, 24 Dec 2014 15:50:57 GMT

@ScoreOrBeScored wrote:
Yes you may. How much are you intending to buy ?

About $150. Worth. Not a lot. 6 25 dollar cards. Hope no AA.

Re: Buying gift cards on quicksilver

Anonymous — Wed, 24 Dec 2014 16:30:23 GMT

The QS is 1.5% on EVERY purchase; not a category card. There would be no reason to be worried about AA.

Re: Buying gift cards on quicksilver

uswala — Wed, 24 Dec 2014 16:39:12 GMT

@Anonymous wrote:
The QS is 1.5% on EVERY purchase; not a category card. There would be no reason to be worried about AA.

+1.

Re: Buying gift cards on quicksilver

abbafan — Wed, 24 Dec 2014 18:44:44 GMT

What's AA?

Re: Buying gift cards on quicksilver

SunriseEarth — Wed, 24 Dec 2014 18:49:53 GMT

AA = Adverse Action. This could include CLD or account closure.

Re: Buying gift cards on quicksilver

chalupaman — Wed, 24 Dec 2014 20:04:44 GMT

@taxi818 wrote:
Want to get last few gift cards out the way. Can I use it buy cards without AA

I don't think you have anything to worry about man. This isn't Amex. Lol.

Re: Buying gift cards on quicksilver

Anonymous — Wed, 24 Dec 2014 20:07:21 GMT

@taxi818 wrote:
Want to get last few gift cards out the way. Can I use it buy cards without AA

It's only 1.5% I wouldn't worry about it.

Re: Buying gift cards on quicksilver

Anonymous — Wed, 24 Dec 2014 20:11:31 GMT

@Anonymous wrote:
The QS is 1.5% on EVERY purchase; not a category card. There would be no reason to be worried about AA.

While I agree with no need to worry, don't think that follows from the non-category. If I bought $100K in Visa GC a month, Capital One might stil object as the rewards are much more than expected.

Re: Buying gift cards on quicksilver

Anonymous — Wed, 24 Dec 2014 20:14:41 GMT

@Anonymous wrote:
@Anonymous wrote:
The QS is 1.5% on EVERY purchase; not a category card. There would be no reason to be worried about AA.
While I agree with no need to worry, don't think that follows from the non-category. If I bought $100K in Visa GC a month, Capital One might stil object as the rewards are much more than expected.

True.

But 1.5% is so inconsequential..

Re: Buying gift cards on quicksilver

Anonymous — Wed, 24 Dec 2014 20:18:01 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
The QS is 1.5% on EVERY purchase; not a category card. There would be no reason to be worried about AA.
While I agree with no need to worry, don't think that follows from the non-category. If I bought $100K in Visa GC a month, Capital One might stil object as the rewards are much more than expected.
True.

But 1.5% is so inconsequential..

Right, wouldn't make much profit as card fees + liquidation is usually just over 1%

Re: Buying gift cards on quicksilver

kdm31091 — Wed, 24 Dec 2014 20:34:38 GMT

OP, I wouldn't worry. It's not like it's one of the 5% category cards and you're buying the gift cards at a grocery store during the 5%. That could raise suspicion. This will be totally fine, 1.5% is after all not really that much unless you buy a ton of them in which case you could still have an issue.