Barclay's and Balance Transfers... AA Magnet?

[JSS3]

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@Simply827 wrote:

Here's what Barclays thinks:

We define “bad behavior” as:

• Credit losses or charge offs – these are balances charged by our cardmembers who subsequently stopped making monthly payments
• Balance attrition - these are balances that, for example, were charged by our cardmembers who then decided to  transfer them to another lender
• Inactivity – opening a card but never using it to make purchases or transfer balances

And the “good behavior” is:

• Carrying a balance and making at least a minimum payment every month (to avoid becoming a credit loss)
  
• Transferring a balance to our card -  from another lender’s card
• Actively using the card every month

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The above quoted user's post can be found on page 2 in this thread > Barclay CC Let's Put Our Heads Together

These links are helpful also

 A case study of credit line increase and decrease

A case study of credit line increase and decrease part 2

Honestly, I've towed the line with Barclays. I've BT'd up to 90% right after opening my card. I paid down 1,000 then BT'd to them again a month or two later. I've BT'd from them once. I opened crazy new accounts and no AA yet. Although they stopped giving me the automatic increase at 6 months for both my cards and denied an online CLI request(thankfully, they didn't pull). As aways YMMV.

[Benzman]

Have had Barclays Ring and Rewards both for about a year. Never used too much, a few dollars here and there just to keep open. Rewards card always has had a 1K limit. I received BT checks in Jan with 12 months 0% interest, so I thought WTH, so I wrote one for $300 just so the card would see use for a few months on payments. Low and behold, I log in the other day and they cut the credit limit to $500 making the utilization over 50%, not to mention a 23 point drop on my credit karma scores. Was going to pay it off, but going to make them wait it out since I paid the BT fees. I'll pay my minimum each month, then close the account.

Knock on wood, Ring card still at 4K, so we shall see.

Oh yeah, for the naysayers, 2% util total overall, no baddies, no late pays, etc. Everyone else giving me CLIs except Barclays.

[Dalmus]

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@JSS3 wrote:

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@Simply827 wrote:

Here's what Barclays thinks:

We define “bad behavior” as:

• Credit losses or charge offs – these are balances charged by our cardmembers who subsequently stopped making monthly payments
• Balance attrition - these are balances that, for example, were charged by our cardmembers who then decided to  transfer them to another lender
• Inactivity – opening a card but never using it to make purchases or transfer balances

And the “good behavior” is:

• Carrying a balance and making at least a minimum payment every month (to avoid becoming a credit loss)
  
• Transferring a balance to our card -  from another lender’s card
• Actively using the card every month

---

The above quoted user's post can be found on page 2 in this thread > Barclay CC Let's Put Our Heads Together

These links are helpful also

 A case study of credit line increase and decrease

A case study of credit line increase and decrease part 2

Honestly, I've towed the line with Barclays. I've BT'd up to 90% right after opening my card. I paid down 1,000 then BT'd to them again a month or two later. I've BT'd from them once. I opened crazy new accounts and no AA yet. Although they stopped giving me the automatic increase at 6 months for both my cards and denied an online CLI request(thankfully, they didn't pull). As aways YMMV.

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  When I first got my Barclay, I didn't know how paranoid they were, so I also opened a couple accounts within 2-3 months after, and I had an issue that I know of.  Although I also have had to ask for my CLI's... I've never recieved an auto CLI, even though I put a lot of money through the card and always pay 3-4 times the minimum payment at least.  Sometimes multiple times a month.

  I'll have to think about this...  My Barclay's statement just posted, so I have a few days to think about it before I do any moving of funds around.

 I hate trying to be responsible with my money... Back in the old days when I didn't care, it wouldn't have thought twice about what creditors think of what behavior.