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I got FRed and I Pretty much know why :(

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Closingracer99
Valued Contributor

I got FRed and I Pretty much know why :(

I went to purchase a laptop off newegg and canceled it because I did something wron in the order but it put a hold on my account . So then I did the order again . Decided to return that purchase and since I already did a balance transfer to that card I went ahead and purchase a new laptop so I won't be without one while I return this one . About an hour after that they suspended charges . The return will take a few weeks and the transfer will take about 2-3 weeks so if they decide to close my account what happens to the transfer and refund? 

 

 


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 1 of 57
56 REPLIES 56
Imperfectfuture
Super Contributor

Re: I got FRed and I Pretty much know why :(

I'm confused. FR means financial review. You need to call customer service to find out what is going on.
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Message 2 of 57
Closingracer99
Valued Contributor

Re: I got FRed and I Pretty much know why :(

I did and I have to send in my tax forms but I'm wondering if they close the account what happens to the refund I am asking from Newegg (full refund) and the balance transfer

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 3 of 57
Anonymous
Not applicable

Re: I got FRed and I Pretty much know why :(


@Closingracer99 wrote:
I did and I have to send in my tax forms but I'm wondering if they close the account what happens to the refund I am asking from Newegg (full refund) and the balance transfer

What company is doing the FR?  That wasn't mention in your initial post.

Message 4 of 57
Closingracer99
Valued Contributor

Re: I got FRed and I Pretty much know why :(

Amex.... Aren't they the only ones who do FR

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 5 of 57
1GaDawg85
Valued Contributor

Re: I got FRed and I Pretty much know why :(

Everyone does one but some are more known than others. I would ask. AmEx why the FR when you were just trying to return an item and had already purchased a replacement 


FICO 5 ,4, 2 - 10/2023                            FICO 8 - 10/2023                                   FICO 9 - 10/2023                                   FICO 10 - 10/2023
     
Message 6 of 57
Anonymous
Not applicable

Re: I got FRed and I Pretty much know why :(


@Closingracer99 wrote:
Amex.... Aren't they the only ones who do FR

No, other banks do it as well. Another one who is doing it more now is Citibank.

Message 7 of 57
Closingracer99
Valued Contributor

Re: I got FRed and I Pretty much know why :(

Well I can ask but won't stop them from not asking for my tax forms. At this point I might as well comply at worse they close or lower limits but I'm just wondering what happens if they close it? I have a refund that will be done around January after they receive it and make sure it's OK and etc and the balance transfers were last week. Do they require me to pay in full on the dot or the transfer and refund be allowed to happen in the time frame? I have to give them my paper by the 27th of December

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 8 of 57
1GaDawg85
Valued Contributor

Re: I got FRed and I Pretty much know why :(

I would ask them to delay while the refund is being processed...they should understand that it takes time to refund but as far as the BT, I would cancel that 


FICO 5 ,4, 2 - 10/2023                            FICO 8 - 10/2023                                   FICO 9 - 10/2023                                   FICO 10 - 10/2023
     
Message 9 of 57
Closingracer99
Valued Contributor

Re: I got FRed and I Pretty much know why :(


@1GaDawg85 wrote:

I would ask them to delay while the refund is being processed...they should understand that it takes time to refund but as far as the BT, I would cancel that 


Why cancel it?  It should be happening before the refund.  Plus can I cancel it?  Chase is the card I am transferring it to 


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 10 of 57
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