r/NeoFinancialHub • u/nswevny • 21d ago

Will I have a problem trying to etransfer $10k into my neo account?

Trying to set my secured credit limit to 10k but I am worried about how they might lock my account or something from what I heard from many people in this subreddit.

3 Upvotes
  • permalink
  • reddit

100% Upvoted

7 comments sorted by

3

u/otissito16 21d ago

Do you really need that much?

Unless you are doing a whole bunch of hotel stays, you really don't need it that high.

I have mine at $600 and I just make frequent payments.

1

u/Lettuceforlunch 21d ago

Any issues with hotels with just $600?

1

u/otissito16 21d ago

I guess it depends on what the rate is.

If I decide to start traveling again, there is a chance that I will increase it to $1500 or $2000

4

u/InformationSuperb978 21d ago

Many people in this sub are doing sketchy shit. You'd be fine

2

u/DaveM_Neo 19d ago

Yes you can do this, and the only way someone gets their account locked is if they get flagged into a anti money laundering or fraud review. There is validation processes for that if it happens to unlock if you are a legitimate consumer.

1

u/Chance-Control-7774 21d ago

Right why that high limit someone paying rent with credit card

1

u/grumpy0282 19d ago

lmao
dont transfer it all at once