I recently did the GoldOption--->GoldReserve--->CreditCard transformation and recieved a lettrer and some checks two days after my cc arrived. The letter said that my GoldReserve LOC is still available for my use and along with it came three checks. When I go online the accounts status shows as closed. Does anybody out there know if I can still use the LOC? Or, if the monies will be drawn from my cc or rejected all together? -0m
I did the same thing. In my case the loc was "open" for about 30 days after the change over. The checks will definitely clear, but they will show up on your cc balance after the loc really closes in a month or so. For some reason it takes them a while to transfer the balances.
