Saintsfanfl
TUG Member
I love the new E-Plus option but I am realizing some drawbacks. With a regular retrade you are always bound by the expiration date of the original deposit. For example I have an exchange with a check-in at the end of this year. I can retrade with a window that does not end until July 2015.
E-plus on the other hand immediately starts an expiration at one year from the check-in day of the initial exchange. You lose the expiration date of the original deposit.
I am thinking that this expiration change can be flipped to an advantage. You might be able to use E-Plus to extend a deposit for only $49, which is a bargain compared to the $189 12 month extend fee. Exchange for the farthest check-in day that your window allows and opt for E-Plus. This will trigger an expiration date of one year from the check-in day. Since retrades are limited within flex you would want to do this prior to hitting 60 days from expiration and then retrading again so you do not hit flex on the initial exchange. You would then have two more free retrades left as well as a 12 month extension for only $49.
Can anyone confirm whether or not this "extension" scenario works? I have no way right now to test whether they programmed the "lesser of" within the E-plus expiration date programming.
E-plus on the other hand immediately starts an expiration at one year from the check-in day of the initial exchange. You lose the expiration date of the original deposit.
I am thinking that this expiration change can be flipped to an advantage. You might be able to use E-Plus to extend a deposit for only $49, which is a bargain compared to the $189 12 month extend fee. Exchange for the farthest check-in day that your window allows and opt for E-Plus. This will trigger an expiration date of one year from the check-in day. Since retrades are limited within flex you would want to do this prior to hitting 60 days from expiration and then retrading again so you do not hit flex on the initial exchange. You would then have two more free retrades left as well as a 12 month extension for only $49.
Can anyone confirm whether or not this "extension" scenario works? I have no way right now to test whether they programmed the "lesser of" within the E-plus expiration date programming.
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