ED Magedson – Founder
MVQ*SavingsAce MVQ*SAVEACE Unauthorized monthly subscription debited from my checking account for months without my knowledge Internet
I recently noticed that $32.95 were debited from my checking account monthly, from a company I did not know. The transaction was attributed to MVQ*SAVEACE on my statement, with an associated phone number.
I did a search on internet to see what this company was. The search led me to 2 things: I found that the company's exact name is MVQ*SavingsAce and is descibing itself as a cash-back program, but I also found several complaints (over 60!) from customers having been ripped-off by this company (several of them in Ripoff reports actually).
I then called MVQ*SavingsAce to ask how they got my information, and they told me that I suppositely accepted an offer while being on Travelocity wedsite. By reading a ripoff report from another consumer (to whom the exact same thing happened), I remembered that I was offered a $20 cash-back coupon after buying an air ticket with Travelocity, and I accepted it because it was only saying that I would get $20 cash back and nothing more: nothing was mentioned about a monthly enrollment to MVQ*SavingsAce, otherwise I would not have accepted it!
This company should not exist anymore: this is total fraud, and they should be prosecuted for it.
This report was posted on Ripoff Report on 03/19/2014 02:46 PM and is a permanent record located here: http://www.ripoffreport.com/r/MVQSavingsAce/internet/MVQSavingsAce-MVQSAVEACE-Unauthorized-monthly-subscription-debited-from-my-checking-acc-1131927. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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