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Smartly V1 is changing on September 15th

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G2244
Regular Contributor

Re: Smartly V1 is changing on September 15th


@Kforce wrote:

@G2244 wrote:

@Kforce wrote:

@G2244 wrote:

For those still in with USB Smartly, just a friendly reminder that starting November 10th, the Savings tiers go away.

 


Logging in today I noticed that my savings account is still showing the ~3% rate.

The advertising of the Smartly Savings Account has also not changed.     Smiley Wink

Only a few day's behind !

 

 


Yeah same here more than a week in. I am not sure what changed, or did not change really. I guess a fail on their part for either communication (lack of clear details) or execution. Even at the ~3% rate I don't have much in there anyway but odd that they communicated a change and it seems(?) to all be the same. Not sure what their intention was.


Wandering off topic but Alliant was also nerfed as of 11/1.

Still showing the 1.5% and 2.5% tiers and how to get the 2.5%.

Removed $ from checking and no monthly transfer, so can't run a rewards test.

Web page with login for the card has not been updated to new structure.

10 days longer than USB.

 


Not all that far off topic really. Alliant is the only other bank institution I am aware of that is doing selective nerfs. I have a friend with the Alliant card and they are still chugging along at the 2.5% as if nothing changed. I am not liking this trend of not having any idea who is getting a nerf and why. Sure I feel lucky having the Smartly "good nerf" for now, but I would rather have well defined criteria I can either strive to meet or go elsewhere. I don't have time for such things but these both seem like class action lawsuits just ripe for the picking.

TEAM: Cash Back, SQUAD: US Bank



5% Capped Cash Back:


US Bank Cash+ Visa Signature - Phone & Utilities $2000/calendar quarter



4% Unlimited Capped Cash Back:


US Bank Altitude Connect Visa Signature - Travel (Unlimited) and Gas/EV Charging $1000/calendar quarter 


US Bank Altitude Go Visa Signature - Dining $2000/calendar quarter 


US Bank Smartly Visa Signature v1 (OG) - Everything Else $10000/statement



Extra-Mural Activities:


ATMOS Rewards Summit Visa Infinite - 3x Miles on Dining & Foreign Purchases 


Barclays Hawaiian Airlines World Elite Mastercard - SUB

Message 111 of 112
bs1234
Frequent Contributor

Re: Smartly V1 is changing on September 15th


@G2244 wrote:

I don't have time for such things but these both seem like class action lawsuits just ripe for the picking.

I think you would have to show some impermissible discrimination (e.g. race/sex/veteran) and then with our current Supreme Court, even that might not be enough!  AFAIK, every credit card agreement states that rewards etc are subject to change, with some period of notice.    I think we have all interpreted that to mean that rewards may change for everyone, but changing it for some (again subject to protected class stuff) might be OK, in the same way we have understodd that they might change my APR without changing yours.

Message 112 of 112
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