Archive Boards > 888poker.com
888 terms and conditions - Inactive accounts beware
gareth888:
--- Quote from: coprey on March 21, 2011, 09:55:34 AM ---
--- Quote from: gareth888 on March 19, 2011, 08:33:49 AM ---
There is for sure email warnings at the very least, they run on certain days of each month. This is for sure.
I think once there is small residual amount in month 12 it"s cleared. I cannot remember the exact formula but you can find in the terms and conditions.
--- End quote ---
Hi Gareth
As regards email warnings, I am currently investigating this with 888, progress is slow. I did not recieve any warnings to my knowledge although its possible an old email address could have been used.
With regards the 10% reductions, let me clarify by highlighting the terms and conditions below:
"the Company will levy a monthly administration fee at a rate of 10% of the balance in the account on the date that it became dormant. The administration fee shall be deducted from the dormant account commencing from the last day of the sixth month in which the account is inactive and on the last day of every month thereafter, until the balance of the account has reached zero."
In other words if the "dormant" account has $100 10% is calculated as the monthly administration fee and this is deducted over 10 months at which time the account will reach zero. Simple!
--- End quote ---
Ok, so it"s 10 months instead of 12... :)
AllanD23:
hi gareth, can the t&c not just get our agreement in advance that you would return the funds 10% at a time in these circumstances then you have our agreement without having to try and contact us ... would be easy to enforce a withdrawal method being kept up to date....
this would be handy, "specially as me and sam could be on safari... :-)
samuel_9:
where r wee going
monkeyman:
Oh s***, I"ve only just picked-up on this thread and part of me wishes I hadn"t seen it. I think that taking money from inactive accounts is indefensible and tantamount to theft. Having become aware of this I will be contacting 888 for clarification, as I don"t recall seeing this clause in the terms and conditions when I signed up for the site and sure as hell wouldn"t have consented to it.
This unfortunately gives me something of a moral dilemna. I was aware of Party Poker"s stance regarding inactive accounts and it disgusted me to the point where I will simply not play on the site. If APAT's events weren"t on 888 there"s not a cat in hell"s chance I"d use the site as a result of the policy in question. Looks like I"ve got some serious thinking to do about continuing to participate in the online nationals. Principals Vs possibility of making a few quid. Hmmmmm.
Marty719:
Tbf - I think the added value they will add to the tour this season will more than make up for this.
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