Barclay Rewards CLOSED

[TheClub]

---

@destine2grow wrote:
If the OP wanted to close his account because he was not able to get an APR reduction that is his prerogative! We all do what is best for us.

---

+1

What OP did was positive. Not sure why others are throwing shade. I wouldn't keep it open neither whether they officially do APR decreases or not.

[Callandra]

---

@destine2grow wrote:
If the OP wanted to close his account because he was not able to get an APR reduction that is his prerogative! We all do what is best for us.

---

I agree! Besides, it's not like OP is screwing over Barclays and could definitely get another one of their better cards like Sallie Mae. I love my Rewards right now but it will definitely be replaced in the future by either Sallie Mae or BoA BBR for a good MasterCard. 

[Open123]

---

@TheClub wrote:

---

@destine2grow wrote:
If the OP wanted to close his account because he was not able to get an APR reduction that is his prerogative! We all do what is best for us.

---

+1

What OP did was positive. Not sure why others are throwing shade. I wouldn't keep it open neither whether they officially do APR decreases or not.

---

Right, unless it's one's oldest TL, cards for which there is no purpose should be purged, in my view.

[barbaralee]

Maybe it's just me. I use to work for credit cards, so entitled people who say "do this or I cancel my card" rub me the wrong way. I understand it is for the benefit of the cardholder, but it's whatevs. In this situation I would just as soon as sock drawered it, applied for another Barclays in the future, and moved the credit line over. But different strokes for different folks, is all I am saying, and in the grand scheme of things it is only 1500.

[score_building]

---

@destine2grow wrote:
If the OP wanted to close his account because he was not able to get an APR reduction that is his prerogative! We all do what is best for us.

---

Yes it is but also seems shortsighted- it was clearly a PIF card at that rate, may've just waited it out and shifted CL over to another product like Sallie or their lower APR Ring for e.g. Part of the art of thinking long term with credit is to avoid emotional displays.

[keithB]

---

@TheClub wrote:

---

@destine2grow wrote:
If the OP wanted to close his account because he was not able to get an APR reduction that is his prerogative! We all do what is best for us.

---

+1

What OP did was positive. Not sure why others are throwing shade. I wouldn't keep it open neither whether they officially do APR decreases or not.

---

What a bunch of politcally correct mumbo jumbo.  Great for OP, I hope he's happy with his decission.

But if someone disagrees with OPs action they are "throwing shade"?  Some of you all should lighten up.  You are taking this whole being supportive to a level of enablement.  Being positive is great, but so is constructive criticism. I would hope that OP might learn something as to not make a rash decision based upon pride and the inability to do something that can rarely be done in the future.

If 9 out of 10 people fail to get APR reductions and OP doesn't realize that Barclay's rarely does so, is it rational for OP to cancel Barclay's because of this? IMO, it depends - if OP went in knowing he was fighting an uphill battle but didn't care about the tradeline one way or the other then great, good for OP. But if OP went in thinking he could strong arm Barclays where he let his pride get the better of him, dictate his actions, leading to the closing of the account, then maybe not so good.

[Open123]

In my estimation, it doesn't matter either way, unless it's a (1) best in class card, (2) extremely high CL for utilization purposes, or (3) oldest TL.

[AvadaKedavra]

---

@Open123 wrote:

---

@TheClub wrote:

---

@destine2grow wrote:
If the OP wanted to close his account because he was not able to get an APR reduction that is his prerogative! We all do what is best for us.

---

+1

What OP did was positive. Not sure why others are throwing shade. I wouldn't keep it open neither whether they officially do APR decreases or not.

---

Right, unless it's one's oldest TL, cards for which there is no purpose should be purged, in my view.

---

Even so, it stays in good standing for AAoA for 10 years...

[chalupaman]

---

@AvadaKedavra wrote:

---

@Open123 wrote:

---

@TheClub wrote:

---

@destine2grow wrote:
If the OP wanted to close his account because he was not able to get an APR reduction that is his prerogative! We all do what is best for us.

---

+1

What OP did was positive. Not sure why others are throwing shade. I wouldn't keep it open neither whether they officially do APR decreases or not.

---

Right, unless it's one's oldest TL, cards for which there is no purpose should be purged, in my view.

---

Even so, it stays in good standing for AAoA for 10 years...

---

I completely agree. I think as long as the OP is satisfied with the decision he made, I don't understand why he's getting flack for doing this.

[barbaralee]

---

@chalupaman wrote:

---

@AvadaKedavra wrote:

---

@Open123 wrote:

---

@TheClub wrote:

---

@destine2grow wrote:
If the OP wanted to close his account because he was not able to get an APR reduction that is his prerogative! We all do what is best for us.

---

+1

What OP did was positive. Not sure why others are throwing shade. I wouldn't keep it open neither whether they officially do APR decreases or not.

---

Right, unless it's one's oldest TL, cards for which there is no purpose should be purged, in my view.

---

Even so, it stays in good standing for AAoA for 10 years...

---

I completely agree. I think as long as the OP is satisfied with the decision he made, I don't understand why he's getting flack for doing this.

---

I'm sorry, but I think if anyone is getting flack here it is me for questioning whether it was the best decision. And I don't think I was rude when I was questioning, either. I think that personal finance is just that... personal... but anytime someone says "they wouldn't do this, so I did that!" it appears as if it is a rash decision. I just thinking stepping back, cooling off, exploring all options would have been better than getting emotional and cancelling. In the end it is the OP's decision, I would just hate to think that this kind of behavior is encouraged (especially to the uninformed) when it's better to think before reacting. Keith B summed up exactly what I was trying to say.