Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 12-10-2020, 05:51 PM   #21
Recycles dryer sheets
Join Date: Jan 2018
Posts: 186
Fidelity has been annoying and profitable for me over the years.

They duped a payroll deposit into my account 20 ish years ago. They insisted it was valid so I left the funds in the account as a buffer for about a year.

About 16 years ago they gave me a 0% forever credit card offer with a huge limit. Read the fine print a few times then maxed the card out and setup minimum payments. Been paying about 160 / month past 14 years & not a nickel of interest.

In my employer sponsored stock plan I've had a "pending settlement" of $37 for at least 18 months. Cash balance has been a few hundred to few dollars, that pending item won't go away.

So I have no faith in a darn thing from Fidelity.
3 ish years to FIRE, mentally ready now!
KenZ71 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-10-2020, 06:07 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 33,548
Perhaps what you could do is to send the CEO of Fidelity a letter by certified mail.... explaining the $189 credit to your account was not from you and that you have tried on two separate occasions to alert Fidelity of the error so they could correct it... provide as much details as you can and copies of relevant documents.

Then conclude the letter with something along the lines of that while you are hopeful that Fidelity will correct the error that your main reason for writing it and sending it to them is so that if the IRS accuses you of making a contribution that you were not entitled to make because you have no earned income that you wanted a written record to show them that you made a good faith effort to notify Fidelity of the error and asked them to correct it.

I'm guessing that something will happen in response.
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56
pb4uski is online now   Reply With Quote
Old 01-05-2021, 09:52 AM   #23
Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 4,363
This issue was resolved by the card company, Elan (via Cardmember Service).

"Our records show this deposit occurred due to a customer entering their Fidelity investment account number incorrectly. We appreciate you brining this tp our attention, and are working to remove the deposit."

Wow, I thought they would at least match names for the accounts. Maybe that's only for withdrawal-enabled EFT's? Who needs passwords when misconnections are this easy?

The money is still in my account, so nothing has actually happened to fix the problem, but hopefully soon.
Animorph is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Non FDIC Deposit Account Programs jazz4cash FIRE and Money 55 04-23-2021 07:04 PM
How do you really plan for the unknown? Sundevil Hi, I am... 11 06-01-2012 07:36 PM
Deposit account apy. tglife FIRE and Money 14 06-01-2008 06:40 AM
Safety Deposit Box: Requires an account? OldAgePensioner Other topics 16 10-19-2005 09:47 AM
Into the unknown MRGALT2U Other topics 1 07-16-2005 08:20 AM

» Quick Links

All times are GMT -6. The time now is 10:17 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.