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Established Member
Posts: 34
Registered: ‎02-24-2012
0

Citgo Card Closed Due to Inactivity

My Citgo credit card was closed due to inactivity.  I found out by receiving an alert on a change to my credit report.  No notice or warning from Citi (I think they handle Citgo accounts).  Is that right?!  They had just sent me a new card at my request about a month ago, and then closed it a month later due to inactivity (no purchases since 2011).  I barely had a chance to use the new card to make my account active again!  I'm annoyed - is this going to ding my credit?  Its showing up on my credit report as a $0 balance but "closed by lender/paid as agreed."  They said I need to reapply for a new card to "re-open" the account.

 

Dang it!  Anyone else have something similar happen to them?

Most recent FICO via TU (Discover provided) 721 6/14/2015. Overall utilization 15%. Wallet: AMEX EveryDay $20,000 | AMEX Blue Cash $13,800 | Macy's AMEX $3,000 | BankAmericard Better Balance Rewards $13,000 | Citi Double Cash $15,000 | Citi Simplicity $10,300 | Citi Diamond Preferred $5,100 | Discover IT $3,500 | Capital One Quicksilver $3,000 | Chase Freedom $10,000 | Chase Slate $10,000 | Chase Amazon $7,000 | Chase United $5,000 | Express Store Card $2,290 | Macy's Store Card $6,500 | Overstock.com Store Card $5,800 | The Limited Store Card $1,000 | Paying off car this year at 0%!
Established Member
Posts: 27
Registered: ‎12-02-2012
0

Re: Citgo Card Closed Due to Inactivity

If a lender doesn't see account on a certain account then yes, they will close the account. No notice is due. Most members here spend at least once every 6 months on "unused" cards just to keep an active profile but as always, YMMV.
Established Member
Posts: 34
Registered: ‎02-24-2012
0

Re: Citgo Card Closed Due to Inactivity

Thank you for the advice!!

Most recent FICO via TU (Discover provided) 721 6/14/2015. Overall utilization 15%. Wallet: AMEX EveryDay $20,000 | AMEX Blue Cash $13,800 | Macy's AMEX $3,000 | BankAmericard Better Balance Rewards $13,000 | Citi Double Cash $15,000 | Citi Simplicity $10,300 | Citi Diamond Preferred $5,100 | Discover IT $3,500 | Capital One Quicksilver $3,000 | Chase Freedom $10,000 | Chase Slate $10,000 | Chase Amazon $7,000 | Chase United $5,000 | Express Store Card $2,290 | Macy's Store Card $6,500 | Overstock.com Store Card $5,800 | The Limited Store Card $1,000 | Paying off car this year at 0%!
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Mega Contributor
Posts: 15,453
Registered: ‎04-09-2011
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Re: Citgo Card Closed Due to Inactivity


Lkb273 wrote:

My Citgo credit card was closed due to inactivity.  I found out by receiving an alert on a change to my credit report.  No notice or warning from Citi (I think they handle Citgo accounts).  Is that right?!  They had just sent me a new card at my request about a month ago, and then closed it a month later due to inactivity (no purchases since 2011).  I barely had a chance to use the new card to make my account active again!  I'm annoyed - is this going to ding my credit?  Its showing up on my credit report as a $0 balance but "closed by lender/paid as agreed."  They said I need to reapply for a new card to "re-open" the account.

 

Dang it!  Anyone else have something similar happen to them?


Over a year inactivity is pretty long, Citi isn't in the wrong for closing the account you have to use it.

 




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