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Moderator Emeritus
Lel
Posts: 5,267
Registered: ‎03-18-2008
0

Re: Citi Closed My Account... WTF??

 


Lexa wrote:

Thank you, guys. Just got of from the phone with their Vice President. They will not reopen the account. Whatever. Can you sugges a couple of solid banks to deal with (not the CUs for personal reasons). I have CCs with US BANK, Ameriprise, Elan, NavyFed and Macy's. Thinking of BBVA Compass and PNC and Nationwide right now... Looking for more solid and "predictible" banks than CIti


Do you really need more credit at this point?  If I were hit with a card cancellation due to "too many new accounts" (or "too much available credit", depending on which explanation you believe), I would be worried that my other creditors might make the the same decision that Citi did.

 

Frequent Contributor
Lexa
Posts: 306
Registered: ‎12-30-2008
0

Re: Citi Closed My Account... WTF??

No, I do not, just want to get in with good solid banks and it feels good getting more available credit every 6-8 months... just need to find the right solid banks

Moderator Emeritus
fused
Posts: 16,373
Registered: ‎03-12-2007
0

Re: Citi Closed My Account... WTF??

 


Lexa wrote:

No, I do not, just want to get in with good solid banks and it feels good getting more available credit every 6-8 months... just need to find the right solid banks


Do you need more than 80K in available credit?:smileyhappy:

 

Credit Profile -
FICO 08 Scores (11-08-2014): EQ 818, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1

Frequent Contributor
Lexa
Posts: 306
Registered: ‎12-30-2008
0

Re: Citi Closed My Account... WTF??

Why not? Plus it is always good to have relationships with different solid banks in case someone will decide to close another card on me))

Senior Contributor
score_building
Posts: 3,578
Registered: ‎01-10-2008
0

Re: Citi Closed My Account... WTF??

why not?

Because the bigger they come, the harder they fall :smileytongue:

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007
0

Re: Citi Closed My Account... WTF??

 


Lexa wrote:

No, I do not, just want to get in with good solid banks and it feels good getting more available credit every 6-8 months... just need to find the right solid banks


Really? New cards every 8 months? For how long? You're scaring kitty.

 

Moderator Emeritus
Lel
Posts: 5,267
Registered: ‎03-18-2008
0

Re: Citi Closed My Account... WTF??

 


Lexa wrote:

Why not? Plus it is always good to have relationships with different solid banks in case someone will decide to close another card on me))


And you don't think that, after your recent experience, your current creditors won't take the same action if they see you opening up a lot of new credit accounts?

 

Established Contributor
jefftca925
Posts: 706
Registered: ‎08-14-2008
0

Re: Citi Closed My Account... WTF??

I myself am shocked that you would put 8 AUs on an account.  The FR and that issue was probably what put them over the edge IMO.

CCs: Chase Freedom VS 6.9k, CSP VISA Sg 7k, BofA Amex 12.5k, Discover 10.5k, US Bank Cash+ Visa Sg 12.5k, Macy's Amex 8k/1.5k, Gap Visa 10k, Best Buy 11.1k, Citi TY MC 10.8k, Citi AA Amex 6k, Nordstrom VS 10k, Amex Zync, Costco Amex 12k, BofA CR VS 17k, Amex BCP 9.5k, Amex ED 5k, Sears MC 9k, HD 7k, Target 600, Amazon 7k, US Bank MC 15k, US Airways MC 4k, NFL Visa 4k, Patelco Visa 10k, Penfed PR VS 44.6k, Chase United VS 13k, Chase Marriott VS 8k, Citi Simplicity 13.3k, PayPal MC 5k, Compass Visa 4k, WF VS 14k, FNBO Amex 14.1k, OCCU VISA 15k, TR Visa Sg 13.3k, Capital One QS Visa 11k, FRN MC 13.5k, HSN 4k, Saks WEMC 10k/4k, Chase Ink 18k, Barclay Arrival 10k, Ebates VS 8k, Orbitz VS 9k, NASA V 30k, USBk FP VS 17k
Frequent Contributor
Lexa
Posts: 306
Registered: ‎12-30-2008
0

Re: Citi Closed My Account... WTF??

I was not saying I want to open a lot of new accounts, just a couple every 6-8 months


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