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Citgo Card Closed Due to Inactivity

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Lkb273
Established Member
‎03-01-2013 01:25 PM
‎03-01-2013 01:25 PM

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?

Wallet: AMEX EveryDay $1,000 | AMEX Blue Cash $13,800 | Macy's AMEX $6,500 | BankAmericard Better Balance Rewards $18,000 | Citi Double Cash $14,200 | Citi Simplicity $8,000 | Citi Diamond Preferred $5,100 | Discover IT $3,500 | Capital One Quicksilver $3,000 | Chase Freedom $10,000 | Chase Slate $10,000 | Chase Amazon $2,000 | Chase United $10,000 | Express Store Card $2,290 Overstock.com Store Card $5,800 | The Limited Store Card $1,000 | Ann Taylor Store Card $1000 | Crate & Barrel Store Card $10,000 | West Elm Store Card $3,000 | Z Gallerie Store Card $8,000
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Bearclaw
Established Member
‎03-01-2013 02:22 PM
‎03-01-2013 02:22 PM

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.
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Lkb273
Established Member
‎03-01-2013 02:46 PM
‎03-01-2013 02:46 PM

Re: Citgo Card Closed Due to Inactivity

Thank you for the advice!!

Wallet: AMEX EveryDay $1,000 | AMEX Blue Cash $13,800 | Macy's AMEX $6,500 | BankAmericard Better Balance Rewards $18,000 | Citi Double Cash $14,200 | Citi Simplicity $8,000 | Citi Diamond Preferred $5,100 | Discover IT $3,500 | Capital One Quicksilver $3,000 | Chase Freedom $10,000 | Chase Slate $10,000 | Chase Amazon $2,000 | Chase United $10,000 | Express Store Card $2,290 Overstock.com Store Card $5,800 | The Limited Store Card $1,000 | Ann Taylor Store Card $1000 | Crate & Barrel Store Card $10,000 | West Elm Store Card $3,000 | Z Gallerie Store Card $8,000
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LS2982
Mega Contributor
‎03-01-2013 03:58 PM
‎03-01-2013 03:58 PM

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.

 



EQ FICO 548 3/3/16
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