didYOUsearch said:oxaca said:>MBNA doesnt want OP as a customer. Once a company makes that decision, IMO its NOT wise to attempt to continue doing business with them.

This is generally good advice. But, worst case scenario, what could MBNA do to punish the OP if he negotiates to keep an account open with them? Are they going to lie on his credit report, that seems like too big of a risk for them to take. If they raise his APR or lower his credit limit, is that worse than having no account? Dell punishes people by saying "no more warranties, no more returns" but what could a credit card that would harm the OP if they get mad? (assuming no outstanding balance) [Maybe there is a risk scenario, it could help others if you describe the risk you foresee].

As you said, Dell disallows returns and warranties from those flagged as abusers. Many Staples customers have been flagged for coupon abuse, and they might as well FORGET trying to place an order online, since it will be nothing but cancellations, coupon reversals, and other problems. A CC issuer who doesnt like certain activity can refuse/deny CashBack/point redemption (AFTER theyve been accumulated -this has happened with several issuers), decline charges at inopportune times (this too has happened), and generally give a flagged accountholder problems (which all eventually lead to complaint threads on FWF) that one would not have by simply using one of the MANY OTHER ISSUERS in their wallet who hasnt flagged them as an "undesirable".

A business relationship is a symbiotic relationship, not a parasitic one. MBNA would be a foolish host organism to allow this cardholder to do business with them again. My view is that any discussions are not only a waste of time for OP since EVEN IF an account is reopened, s/he will remain "flagged" and not be able to game the system further with MBNA, but it will more than likely be an exercise in futility given OPs acumen, unless the MBNA rep happens to be especially stupid or sympathetic (which I doubt).

Ditto. It's probably best to lay low for awhile and forget about MBNA. If MBNA flagged your account with notations, it could also affect your ability to obtain credit elsewhere as well. When new or current creditors review your history, they'll notice the 3 accounts noted "closed by the creditor" on your credit report. They may call up MBNA to inquire about their relationship with you. Then they may close any existing accounts or deny you for new credit.

DaveHanson said:OP: I hope you understand why you're generating the angry reactions here. Many of us find MBNA's billpay to be extremely valuable without engaging in any suspicious activity. It is true that your recent actions and others like them jeopardize this great system for all of us. Other FW lurkers might consider that not only are they taking risks themselves, by dong this, but they risk spoiling the game for everyone else as well.
Why is MBNA's billpay is considered so valuable, when the same thing can be accomplished with mycheckfree.com?

Overpayment has lead to account suspension many times for many members here with MBNA (including me). Let it go and call back in 6-8 months requesting that your card be reopened. Don't try in 2-3 months, wait for at least 6. Might work then.

maybe if you bt from citi to your checking account, and use mbna to pay citi, and later, use your checking account to pay off mbna, you wont get caught. And you can get the 5$ too.
fein said:DaveHanson said:This will be a tricky one to fix....

I'm sure they took notes on this tranasction. How exactly did you explain what you were doing?

Also, why did you shuttle money from Citi to MBNA and back? What exactly were you trying to accomplish?


Edit: I did catch the $5 bonuses that mrbean notes below as being mentioned in the OP. But was this really the only reason you did the transfers THIS way? (It does explain why you didn't just BT from Citi to a checking account, but not why you didn't BT to, say, a 3rd CC account...)

The reasons I BTed from Citi to MNBA are the $5 bonus from Citi and the MBNA billpay service. MBNA billpay service could let me electronically transfer those money back to Citi. If I BTed to a 3rd party CC Company, I've to request the refund check and wait the check in the postal mail. There is one possibility that the check is lost during postal transit. And with MBNA, it's much faster 'cause all were accomplished electronically. Those're my reasonings of the BT between MBNA and Citi.

Also, I had the dilemma to explain. I don't know if I should tell MBNA the truth that all of these originated from the $5 bonus. Will they believe me? Will the explanation humiliate myself? Or should I make up another excuse? Thanks.

people did mention money laundering.

Well, money laundering is a strong word. This money does not come from drugs or guns. They offer him something. He accepted it and now he is a money laundering crook. He took advantage of the banks. They take advantage of the customers when they have financial difficulties and take adverse actions (increase interest rates) even if the account is paid as agreed. Then they cry when someone finds a way to trick them. They should hire him.

stdi said:I wanted to say that it is not illegal.That's not the point. The point is that people who ARE committing illegal acts behave a lot like the OP, moving funds in and out of multiple accounts way outside of their normal habits. The activity could indicate potential money laundering, fraud, or just plain financial desperation. In any case, the potential for the bank to lose money is real. The banks flag accounts for unusual activities, and once they identify you, they would much rather get rid of you than deal with the liability of having to do business with you.

dcwilbur said:stdi said:I wanted to say that it is not illegal.That's not the point. The point is that people who ARE committing illegal acts behave a lot like the OP, moving funds in and out of multiple accounts way outside of their normal habits. The activity could indicate potential money laundering, fraud, or just plain financial desperation. In any case, the potential for the bank to lose money is real. The banks flag accounts for unusual activities, and once they identify you, they would much rather get rid of you than deal with the liability of having to do business with you.

Wrong, Today the people who ARE commiting illegal acts behave a lot like the normal guy, normal action!!!, if they behave o lot like the OP, then we would never have such trouble!!!!!! to catch them.

I would just go for BofA cards (as I mentioned on the last page) if determined to do so, since they will all become one soon anyways, and may escape the "flagging" of a deadbeat customer.

stdi said:I wanted to say that it is not illegal.
I'm sick of hearing that. Any citizen or company have the right to refuse doing business with you or NOT. Giving you a middle-finger is not illegal either, but it don't mean you have to bend over either.