@Trudy wrote:I think I was 1st informed in June or early July of WF closing LOC. Latest mailer dated 7/23 to remind me as of 8/23 my LOC will be close. But just received this email.
Thanks for sharing this @Trudy
I have not received this email yet. I wonder if ALL customers accounts will be preserved as my original "end date" was September 14th and you mentioned August.
@cashorcharge wrote:
@Trudy wrote:I think I was 1st informed in June or early July of WF closing LOC. Latest mailer dated 7/23 to remind me as of 8/23 my LOC will be close. But just received this email.
Thanks for sharing this @Trudy
I have not received this email yet. I wonder if ALL customers accounts will be preserved as my original "end date" was September 14th and you mentioned August.
Very good question. I'd be interested to see if some accounts will still be closed. The way the letter reads to me seem to indicate it is a change of mind regarding the product and may be across the board. I did notice today that the notice was available when I logged into my account so if you don't receive the email I suppose you will have a message on your account.
Sounds like you have a different date of closure so notification may come later.
@cashorcharge wrote:Thanks @Trudy Did your monthly statement happen to just close within a day or so?
True, our "account close dates" were different so I took it upon myself to call WF and say my friend Trudy sent me an email about her account blah blah blah. The rep said the decision was just made and those emails were tied to the statment closing date and account activity. I had activity this month and my statement hasn't generated yet so I'm going to keep an eye out as mine closes at the end of the month. Again, appreciate the update.
FYI@RickNATL
Email and message in WF dated 8/17, my due date is the 20th and statement close date is the 25th. I've had no activity for a while so if you can figure out the formula based on this, I guess it could still be different since you had activity? Based on your inquiry at least everyone knows the notification date is not the same for all. Thanks.
@cashorcharge wrote:So not "automatic" especially if the account has gone inactive...
Thanks for the link. This is interesting as I've not used mine since Dec 2019. However, when I paid the balance I calculated the interest wrong as I wanted the balance to report $0 after interest was applied. Left me with a credit balance until they refunded via check 3 months later. Another credit balance in Nov 20 was due to the annual fee I'd paid each November, so I paid before it hit to again have a $0 balance report. It never hit. I received another check early 2021. When I called they seemed to have no clue what I was talking about although they could have referred to prior year Nov statements to see the annual charge.
Anyway, maybe this technically made my account active. Guess I better add my LOC to my "CC's" rotation to ensure it doesn't close. Think I'll use a bit this month to be safe 