Just was informed I'm getting a haircut.....off my Credit Limit was 10k now 1k. I can't stand those **bleep** chumps. They took the T.A.R.P. money now they say the hell with their customers.
Bank of Scamerica your days hopefully numbered.....
Hi 74King! 
I'm sorry to hear about the CLD... that sucks. On the other hand, you noted that you rarely use the card. BoA seems to be paying a lot of attention to usage, and adjusting credit lines based on that. And, in some cases, outright closing cards. The extension of unused credit lines has become a big liability for banks. Believe me, it's not just BoA. It took off with Amex, and all of the big banks have followed suit (Chase, Citi, WellsFargo, etc...). The new game is to actually use credit if you want to have/keep credit.
It's a good thing to use credit responsibly, not digging yourself into a huge debt pit that you can't possibly climb out of. However, there are ways to utilize credit to work in your favor without incurring debt. There are a lot of people (myself included!) who are keeping our credit lines oiled and limber by using cards for every day expenses and then paying in full. I currently have very little debt (small amount owed on a new car). I use my credit cards to pay for everything that can be paid for with a credit card: utility bills, groceries, gas, travel expenses, service fees, medical bills/fees, charitable donations, etc... These are my normal monthly expenses that would have to be paid no matter what. So, I use a credit card, and then pay without incurring any interest charges. It works well. It keeps the banks happy, which in turn keeps me happy when they pass me over for adverse action, LOL! I don't have to go out and rack up any debt that I can't pay, just for the sake of card usage. AND, I get to rack up rewards.
It's definitely the time to save, save, save. But, saving does not preclude you from being able to use credit to your advantage. And, there are no guarantees that usage will prevent future AA. To the contrary, I'm expecting some type of adverse action, in some form or another, before it's all said and done.
The good news is that if you have no balances, then the CLD won't hurt you at all FICOwise. The bad news is that closing the card will eventually (10 years) result in the loss of an old and helpful tradeline. Why don't you try calling one of the BoA Backdoor numbers and talking to a credit analyst. They might be willing to reopen your account and restore the tradeline. Credit card arbitrage is our friend!
Bank of Scamerica....hilarious! 
NFCU has treated us VERY well, we're going to stick with them. I'm sorry that happened to you OP, Dillard's just chopped us and it's sad.
LilMirth Thanks for the info, but once my mind is made up it's done, i could care less if it's an old tradeline, i don't use credit that often so my scores won't be hurt in the least. It's just, you want those lines to be there if something should happen. And obviosly they don't respect me as a valued customer, because i have never abused their line of credit on my Platinum so they had no right to decrease my line to basically nothing. My nephew has higher lines of credit then 1k and he's 19. I'm 35 with a history that go's back sometime. But it's ok, I'll live" the bast#rds won't get away with this it always catches up. I can't stand these greedy bankers, they are the reason the country is in a shambles now......cooking up schemes
But that's another talk session. Thanks all for your input and allowing me to vent alittle.
