I have the Amazon Visa Card through Chase Bank because the rewards are quite nice. I put pretty much everything on the card as possible (expect places that add a fee) and I pay it off every month. I pay it off with CASH at the same branch every time. I have done this since I opened I got the card 3 years ago, never carried a balance, never been late.
I have no accounts with Chase aside from this CC because frankly their rates suck and the local Credit Union has great rates and service. However they do not have a credit card that has a rewards program that is worth anything, hence the reason I have the Amazon/Chase card.
I have had the card for over 3 years, never been late, always paid cash. Now if the amount owed is say 3,456.87 I will generally pay 3,460 so I am not dealing with singles and change. Again, done this for years and we are not talking very much money. Just our daily expenses and some bills.

I always go to the same branch everyone that works there knows me and expects to see me between the 10th and 14th for my monthly visit. They are all nice wonderful people.

I get a call today from a branch manager of a branch I have NEVER been to. She starts off very very accusatory. She says that she noticed that since February I have paid all my balances in cash. I said well if you keep going back you will see I have paid every single month I have had the card with cash.
She asked me if I owned a business, to which I responded that I do not. She then asked if I get paid in cash, to which I said I do not. She then asked where I get my money to pay my credit card. I responded from my wife and my paychecks.
She responded Ohh, that is all I needed to know.
It took all I had not to give this woman the what for and explain that where I get my money is none of her damn business!
It was very weird because we aren’t talking much money at all.

So when I go to pay the credit card next month in CASH and am going to have a talk with the branch manager at the location I go to and let them know about the rude lady they have working for them across town.

She was probably red flagging you for possible criminal activity, for instance money laundering. That's why she asked if you run a business. I think they're even obligated to report cash activity above $10,000.

If Black is paying off a $10,000 balance every month, he's got a bigger problem.

Here's also something I assume, when she called you, did she asked to verify if you are you? When someone calls me and say they're from one of the companies I deal with and they ask me for information to verify who I am, I point out they're the ones that called me and I'm not giving out any information to anyone who calls me out of the blue.

Besides that, why is it any of her business? I personally find it strange that you would go in person every month and pay off your balance in cash but it's your money and your time. You're not asking me to stop by pick up your payment and bring it to the bank.

I wouldn't have humored her nosiness.

The reason I got my tiny town bank visa is because I could pay in cash.


But

I almost never go over $150.00

Is there a reason you do not link your credit union account to your Chase app for payment?

I link my Chase Amazon card to my bank account and like the OP, use it only for the Amazon benefits. Pay it off several times a month via online transfer.
Beyond that, no desire to further my business with Chase. I would not have answered the woman's questions and would have hung up on her.
Pretty shitty business practice, there, Chase!

"From illegal drug sales and a prostitution ring."

I mean, what do they expect you to say?

"I'm funded by Hezbollah." ?

I wouldn't have answered the damn call. Waste of time. You haven't violated any laws or any of their policies.

quote:

She asked me if I owned a business

"Why? You interested in a couple of kilos?" I'd think they wouldn't give a damn how they get paid, so long as it happens.

quote:

Originally posted by Rey HRH:
If Black is paying off a $10,000 balance every month, he's got a bigger problem.

If he's charging AND paying that much, I'd say he's doing pretty damn well.

I would have said "nice try scammer" after her opening spiel and then hung up.

No way I’m answering questions like that on a call I didn’t initiate.

SAR (Suspicious Activity Report) is required for ANY activity deemed suspicious.

Think if it like the "RED Law" for firearm related reports.

Anything can trigger an SAR, if Karen does not like it, Karen can report it.

The "$10,000 per day", thing went away with the Twin Towers.

It's mostly bullshit, because criminals are permitted all manner of crimes, and the guy or gal just trying to take liberty in life and pursue a little happiness, is a danger to the GDCs... (Commies/Cocksuckers is interchangeable)

quote:

Originally posted by cas:
"From illegal drug sales and a prostitution ring."

I mean, what do they expect you to say?

"I'm funded by Hezbollah." ?

Maybe they think you're funded by "Hookers and Blow LLC."

quote:

Originally posted by sigmonkey:
The "$10,000 per day", thing went away with the Twin Towers.

They still use it to "frame" people for "structuring" if they have too many transactions just under $10k.

I have always advised friends never to pay mortgages, credit card bills, etc in cash. Red flag. Save that for personal stuff like home repair, auto repair, landscaping. The banks are not your friend.

quote:

Originally posted by dave7378:
The banks are not your friend.

This right here. I’m so close to dumping Wells Fargo like an ugly girlfriend.
The problem is, there’s no better place to go here in the middle of nowhere.

quote:

Apparently Chase finds it strange or does not like you paying your credit card in cash

Well, maybe a little eccentric. It seems like an unneeded extra step.

quote:

Originally posted by egregore:

quote:

Apparently Chase finds it strange or does not like you paying your credit card in cash

Well, maybe a little eccentric. It seems like an unneeded extra step.

Now that you mention it..,
WTAF, Jeremy?

You get a paper check and cash it? Or you get direct deposit and take cash out to pay your CC bill? What a waste of time. Direct deposit. Pay online. Regain a bunch of time wasted on BS.

*unless you’re shaking down the drug dealers in Louisville and that’s where the cash appears from. Then by all means, pay cash.

quote:

Originally posted by Beancooker:

quote:

Originally posted by egregore:

quote:

Apparently Chase finds it strange or does not like you paying your credit card in cash

Well, maybe a little eccentric. It seems like an unneeded extra step.

Now that you mention it..,
WTAF, Jeremy?

You get a paper check and cash it? Or you get direct deposit and take cash out to pay your CC bill? What a waste of time. Direct deposit. Pay online. Regain a bunch of time wasted on BS.

*unless you’re shaking down the drug dealers in Louisville and that’s where the cash appears from. Then by all means, pay cash.

That is pretty wild. I pay cash in real life for everything but monthly bills are done online and if a company doesn’t have online billing my bank will actually write them a check.

I can just imagine the bank lady mumbling “boomer” under her breath.

This message has been edited. Last edited by: 1s1k,

As long as you can show the withdrawals from your Credit Union to pay your Visa card when you get audited, you should be fine.

quote:

Originally posted by Oz_Shadow:
Is there a reason you do not link your credit union account to your Chase app for payment?

We have a HLOC at our credit union that we used to do some things around the house and my truck is on that as well since the interest rate was a point lower than I could get for a used vehicle at the time. So most of our money gets put to that to keep the balance as low as possible at all times which keeps the interest payment as low as possible. With the way pay days fall for my wife and I it saves us about 100 a month in interest. Will be nice when it is paid off but with the economy as it is that certainly won’t be as soon as I would like.
To access this money I can either get a cashiers check which cost $5 or transfer it to a checking account. Both of which have to be done inside the branch they won’t even let me use the drive thru for that.
And since I wait until a day or two to pay the CC before it is due So it’s just as easy to get cash while I am in there and then go across the street to Chase and pay the credit card instead of doing a couple of transfers. That can take a couple days to clear.

quote:

Originally posted by Rey HRH:
If Black is paying off a $10,000 balance every month, he's got a bigger problem.

If he's charging AND paying that much, I'd say he's doing pretty damn well. [/QUOTE]

Not even close. The credit limit on the card is not even $10k.

quote:

Originally posted by SpinZone:
I would have said "nice try scammer" after her opening spiel and then hung up.

No way I’m answering questions like that on a call I didn’t initiate.

She left a message. I verified her info and numbers through Chase before calling her back.

quote:

Originally posted by Beancooker:

quote:

Originally posted by egregore:

quote:

Apparently Chase finds it strange or does not like you paying your credit card in cash

Well, maybe a little eccentric. It seems like an unneeded extra step.

Now that you mention it..,
WTAF, Jeremy?

You get a paper check and cash it? Or you get direct deposit and take cash out to pay your CC bill? What a waste of time. Direct deposit. Pay online. Regain a bunch of time wasted on BS.

*unless you’re shaking down the drug dealers in Louisville and that’s where the cash appears from. Then by all means, pay cash.

Direct deposit to my Credit Union and I go get cash from there.
Part of the daily job is business and bank checks going inside and getting to know folks in the area I work.
So, it’s not really any wasted time and actually am getting paid to do it.

Yeah, no shake downs involved.

Possibly a little eccentric. I don’t even use the ATM for $20 I go inside and get it from a teller.

quote:

Originally posted by 1s1k:

quote:

Originally posted by Beancooker:

quote:

Originally posted by egregore:

quote:

Apparently Chase finds it strange or does not like you paying your credit card in cash

Well, maybe a little eccentric. It seems like an unneeded extra step.

Now that you mention it..,
WTAF, Jeremy?

You get a paper check and cash it? Or you get direct deposit and take cash out to pay your CC bill? What a waste of time. Direct deposit. Pay online. Regain a bunch of time wasted on BS.

*unless you’re shaking down the drug dealers in Louisville and that’s where the cash appears from. Then by all means, pay cash.

That is pretty wild. I pay cash in real life for everything but monthly bills are done online and if a company doesn’t have online billing my bank will actually write them a check.

I can just imagine the bank lady numbering “boomer” under her breath.

Used to do all possible transactions in cash but putting everything on this card with cash back gets me about $50 a month cash back that coupled with $100 in interest savings on my HLOC nets me about $150 a month.
So for $1800 a year or so I find my method worth it. Now when the HLOC is finally paid off then I likely won’t do it in this fashion.