I have a Barclays Financing Card with a 1400 limit. They sent me a balance transfer offer and the account has a 1200 dollar balance. I went on a bit of an app spree the other night (3 apps) including a different Barclays card. I have been reading about Barclays closing accounts with a lot of app activity and am wondering if that were to happen what would happen to my outstanding balance?
You then have to pay off the balance under the same conditions as now (APR, minimum etc). However, your CL no longer exists, so this is generally bad for your utilization.
