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Home Depot (Citi):

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clipperskipper
Regular Contributor

Home Depot (Citi):

I received a nastygram from Home Depot (Citi) the other day, indicating that they were going to lower my credit limit from $12,000, to $2000, if I didn't use my card. I went to HD yesterday, and charged a gallon of paint that I needed in order to complete a home remodel. It's only $25 bucks, however it shows use?

Message 1 of 4
3 REPLIES 3
Elcid89
Contributor

Re: Home Depot (Citi):


@clipperskipper wrote:

I received a nastygram from Home Depot (Citi) the other day, indicating that they were going to lower my credit limit from $12,000, to $2000, if I didn't use my card. I went to HD yesterday, and charged a gallon of paint that I needed in order to complete a home remodel. It's only $25 bucks, however it shows use?


LOL, go buy a lawn tractor and then return it Smiley Happy

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Message 2 of 4
Wolf3
Senior Contributor

Re: Home Depot (Citi):


@clipperskipper wrote:

I received a nastygram from Home Depot (Citi) the other day, indicating that they were going to lower my credit limit from $12,000, to $2000, if I didn't use my card. I went to HD yesterday, and charged a gallon of paint that I needed in order to complete a home remodel. It's only $25 bucks, however it shows use?


I don't think it matters the amount.    How long has it been since your previous use?   I have a very nice CL $7K which I don't want reduced either.

Message 3 of 4
Creditaddict
Legendary Contributor

Re: Home Depot (Citi):


@clipperskipper wrote:

I received a nastygram from Home Depot (Citi) the other day, indicating that they were going to lower my credit limit from $12,000, to $2000, if I didn't use my card. I went to HD yesterday, and charged a gallon of paint that I needed in order to complete a home remodel. It's only $25 bucks, however it shows use?


Back long ago I got one of these letters on the Business card... I went over to the store and bought a 12 pack of Bounty.  When I received my statement for the $14 or so dollars it also said Congradulations for being such a good customer we are increasing your credit line from $5000 to $7500.

Message 4 of 4
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