This is a roundup of news that I have come across during the day. Here you can read about Beam app customers struggling to get their money back, US Bank Visa gift cards no longer come with pins, New 3/6 Rule For The Citi Premier Card, No1 Lounges not accepting Priority Pass, T-Mobile’s TVision and Bahamas may delay reopening.
The ads popped up on social media. Earn as much as 7% interest on your savings by opening an account with a new start-up. But now, Beam Financial is having trouble processing customer withdrawals. Some users say their withdrawal transactions have been pending for months and that repeated attempts to get answers and updates from Beam have either gone unanswered or were not useful. Many of these email and text updates from Beam put the blame on the company’s bank partners or vendors.
Visa gift cards from the Kroger chain, issued by US Bank, usually come with a slip inside with the PIN number. However, it seems the new batches are coming out that now defaults to the last 4 of the card as being the PIN number. This is great because now I don’t have to write down that PIN number or carry that piece of paper around.
It has long been known that Citi has a 6/6 rule. But it appears Citi has tightened that rule on the Citi Premier. It doesn’t seem to be affecting other cards, as of yet at least. The new rule is pretty firm at 3/6. That means you can not have more than 3 hard inquiries in the last 6 months and get approved.
Priority Pass has sent out an e-mail stating that Priority Pass has chosen to remove No1 Lounges from the Priority Pass network.
T-Mobile quietly started making inroads into people’s living rooms last year, but the carrier’s pitch to tap into TV audiences got a big boost this morning. As part of its latest UnCarrier initiative, T-Mobile announced the launch of TVision, a series of over-the-top streaming services that promise to make the process of ditching cable as cheap and as simple as possible.