USB Smartly rumors

[ptatohed]

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@Patient957 wrote:

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@ptatohed wrote:
I'm having a hard time believing that they would require the money to be in checking. There is not a person on earth who would put $100,000 in checking just to get 4% CB on their spending.

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Perhaps that's the whole point.  They can nerf it instead of ending the card.  That way they save face and don't suffer the embarrassment of ending a program they just started. They just make the rules so unpalatable almost nobody will apply.

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Perhaps.  I do see your point.  But that's not discrete at all!  That's a blatant "get the F out" from USB!  

I have a hard time thinking they'd limit it to only savings and checking.  But only checking?  That's a middle finger!  

[creditrizz]

I think maybe people are putting too much trust into unverified Reddit posts.  There's so much b/s on there all of the time, especially in the finance-related sections. 

[TrapLine]

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@ptatohed wrote:

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@Patient957 wrote:

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@ptatohed wrote:
I'm having a hard time believing that they would require the money to be in checking. There is not a person on earth who would put $100,000 in checking just to get 4% CB on their spending.

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Perhaps that's the whole point.  They can nerf it instead of ending the card.  That way they save face and don't suffer the embarrassment of ending a program they just started. They just make the rules so unpalatable almost nobody will apply.

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Perhaps.  I do see your point.  But that's not discrete at all!  That's a blatant "get the F out" from USB!  

I have a hard time thinking they'd limit it to only savings and checking.  But only checking?  That's a middle finger!  

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This poster (TrapLine) errored and was not speaking to the subject of this post. US Bank Smartly Visa (not Smartly Banking) was the subject at hand. "Barked up the wrong tree" comes to mind.

[Patient957]

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@TrapLine wrote:

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@ptatohed wrote:

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@Patient957 wrote:

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@ptatohed wrote:
I'm having a hard time believing that they would require the money to be in checking. There is not a person on earth who would put $100,000 in checking just to get 4% CB on their spending.

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Perhaps that's the whole point.  They can nerf it instead of ending the card.  That way they save face and don't suffer the embarrassment of ending a program they just started. They just make the rules so unpalatable almost nobody will apply.

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Perhaps.  I do see your point.  But that's not discrete at all!  That's a blatant "get the F out" from USB!  

I have a hard time thinking they'd limit it to only savings and checking.  But only checking?  That's a middle finger!  

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Hogwash ... read the information contained on the latest checking account statements from US Bank (also read same on the Smartly Savings Statements) for the truth! 

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We're discussing a rumor about what might happen in the future, not making any (hogwash) assertions about the current state of things.  What your current statements say is not relevant to that discussion.

[ptatohed]

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@TrapLine wrote:

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@ptatohed wrote:

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@Patient957 wrote:

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@ptatohed wrote:
I'm having a hard time believing that they would require the money to be in checking. There is not a person on earth who would put $100,000 in checking just to get 4% CB on their spending.

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Perhaps that's the whole point.  They can nerf it instead of ending the card.  That way they save face and don't suffer the embarrassment of ending a program they just started. They just make the rules so unpalatable almost nobody will apply.

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Perhaps.  I do see your point.  But that's not discrete at all!  That's a blatant "get the F out" from USB!  

I have a hard time thinking they'd limit it to only savings and checking.  But only checking?  That's a middle finger!  

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Hogwash ... read the information contained on the latest checking account statements from US Bank (also read same on the Smartly Savings Statements) for the truth! 

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You are very wrong.  We know with 100% certainty that things in the Smartly line-up are going to change.  What we don't know for sure is what exactly is going to change.  Reading the current day statements provides no information whatsoever other than USBs rules today.  

[AndySoCal]

May I suggest you read the the disclosures at the bottom of link below. This different than what my impression was from reading of posts on this forum. The point of interest is in disclosures  1 and combining balances.

https://www.usbank.com/credit-cards/bank-smartly-visa-signature-credit-card.html 

@Wandering 

Edited to add the link. When I first read it I thought it meant everything from US Bank Investments to the end of the sentence did not qualify. Now when I read it is everything in side the parentheses does not qualify.   I am wrong

[Wandering]

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@AndySoCal wrote:

May I suggest you read the the disclosures at the bottom of link below. This different than what my impression was from reading of posts on this forum. The point of interest is in disclosures  1 and combining balances. This appears to me as a mega nerf. I could be wrong.

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@AndySoCal 

Your post is linkless.

[TrapLine]

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@Patient957 wrote:

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@TrapLine wrote:

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@ptatohed wrote:

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@Patient957 wrote:

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@ptatohed wrote:
I'm having a hard time believing that they would require the money to be in checking. There is not a person on earth who would put $100,000 in checking just to get 4% CB on their spending.

---

Perhaps that's the whole point.  They can nerf it instead of ending the card.  That way they save face and don't suffer the embarrassment of ending a program they just started. They just make the rules so unpalatable almost nobody will apply.

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Perhaps.  I do see your point.  But that's not discrete at all!  That's a blatant "get the F out" from USB!  

I have a hard time thinking they'd limit it to only savings and checking.  But only checking?  That's a middle finger!  

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Hogwash ... read the information contained on the latest checking account statements from US Bank (also read same on the Smartly Savings Statements) for the truth! 

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We're discussing a rumor about what might happen in the future, not making any (hogwash) assertions about the current state of things.  What your current statements say is not relevant to that discussion.

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The poster TrapLine was on the wrong subject and was not relevant to the discussion.

[Wandering]

@TrapLine 

This isn't rumors about the Smartly banking. No rumors needed. This is rumors about the Smartly 2%-4% Visa

[TrapLine]

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@Wandering wrote:

@TrapLine 

This isn't rumors about the Smartly banking. No rumors needed. This is rumors about the Smartly 2%-4% Visa

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Thank you for the information. Checked and the path I was speaking to did not reference the Smartly 2%-4% Visa.