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New Member
Lkb273
Posts: 23
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?


TU Score Dec 2012: 649 | TU Score Mar 2013: 671
Established Member
Bearclaw
Posts: 22
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.
New Member
Lkb273
Posts: 23
Registered: ‎02-24-2012
0

Re: Citgo Card Closed Due to Inactivity

Thank you for the advice!!


TU Score Dec 2012: 649 | TU Score Mar 2013: 671
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

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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