No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
@corymcd88 wrote:
What bank seam like to close out your credit card without any cause? Too many new account or too manny new INQ's?
Barclays, BofA on occasion. Really any bank can if they manually review your file and get spooked.
What about GE? I know that anyone can close it out. Barclays is one of the worce that i have herd.
@LS2982 wrote:
@corymcd88 wrote:
What bank seam like to close out your credit card without any cause? Too many new account or too manny new INQ's?Barclays, BofA on occasion. Really any bank can if they manually review your file and get spooked.
BofA, Barclays, HSBC, Chase,Wells Fargo,Amex.
Ron.
HSBC and Wells Fargo!! Did not know! What about Capital One?
@Ron1 wrote:BofA, Barclays, HSBC, Chase,Wells Fargo,Amex.
Ron.
OP asked for banks that would close without any cause. Does that apply to all of the ones listed? Barclays is the closest from what I've seen on the boards. It's not completely without cause, but they seem to be hypersensitive to additional inquiries and new accounts according to several people's experience. Outside of the credit crunch, I don't recall seeing a lot of threads about other banks randomly closing down accounts.
ETA: Rereading I see OP also asked about too many new accounts/inquiries. But I read it as being who is hypersensitive. Barclays is the only one I really recall reading about being ovely sensitive.
Not Capital One. May be Citi.
Ron.
What about GE Capital?
@corymcd88 wrote:
What bank seam like to close out your credit card without any cause? Too many new account or too manny new INQ's?
I'm pretty much ready for AA from Barclays. I have what I want and i'll utilize and pay on it proper. If they don't like it close the account.
I got burned by Chase back in 2009 when I started shopping around for a mortgage. When the INQs hit they closed a $0 balance card that I rarely used. Citi burned me in 2010 when I made min payments for a few months in a row. At the time there was a lot of talk about the "sky falling" and everyone was saying to stockpile cash, so that's what I did. I cut back on payments and padded cash savings instead. Citi closed my account at about 40% UTL with no warning. I was never late on payments.
This might just have been the banks tightening their belts, but I took it personal. I won't do business with either bank again. Seems like a poor way to treat otherwise good customers.