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.