Snowflaking Update – February 2009
Sun, March 8, 2009 Here's the DH snowflaking update for February 2009:
$250 - Received a check for Credit Card rewards.
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$250 - Total
Sun, March 8, 2009 Here's the DH snowflaking update for February 2009:
$250 - Received a check for Credit Card rewards.
-------------------------------------------------------------
$250 - Total
Wed, February 4, 2009
Photo courtesy Photo8.com
With the current credit crisis, many credit card companies are beginning to close accounts that sit idle for too long.
If you find yourself in the situation where one of your cards is going to be cancelled and it’s a rewards card, make sure you follow-up to claim any rewards balance still left on the card.
I opened a notice from Capital One just recently and found out that my account was closing in the near future. I checked online and realized I had almost $200 in unclaimed rewards that I thought I had claimed last year. The letter said that any unclaimed rewards at the time of closure would be lost.
Long story short, if you have a rewards balance when your account is automatically closed, you will very likely forfeit that balance!