Re: First HSBC selloff - Sign of things to come? - Page 2 - myFICO® Forums - 991034

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@Wolf3 wrote:
@stan_the_man wrote:
@Anonymous wrote:
@stan_the_man wrote:
@Wolf3 wrote:
@Anonymous wrote:
Hmmmmmmm ............ maybe I will close my Orchard now. I only have one thing going on it every month and that is easy to switch over.

And I recently got the Discover so the Avail Cred will be nearly a wash
I am waiting to see, I may end with a bank I like better.
+1

Is there any way the CC business could get worse?
Well, they could sell their cc portfolio to First Premier Bank...
Sadly, that was the one bank that I thought of that could be worse. However, they wouldn't want any part of at least a portion of the HSBC's portfolio -- the prime customers (they're out there -- people like me).
It would not suprise me if the CC business gets split up and sold seperately. Some buyers may want the HSBC, Neiman Marcus, Saks accounts. Others may want he Orchard, Household, BB accounts. Or other splits.

Maybe Amex will buy the Orchard portfolio. xD

Message 11 of 26

Man this is not good. 2 new accts with HSBC. PLEASE do not let Citi get them, they got me blacklisted from 12 YEARS ago.

EQ FICO 548 3/3/16

Message 12 of 26

It looks like First Niagara Bank is the front runner to acquire HSBC

AAoA 6yrs 3mos | Inquries: TU5/EQ5/EX8 | Utilization: 9% | Mortgage: 1 | Auto Loan: 2 | Personal Loan: 2 | Derogatory: 0

Citi Custom Cash $4,000

US Bank Platinum $5,000

Chase Sapphire Preferred $15,000

Chase Amazon VISA $3,000

Chase Southwest VISA $7,000

Overstock $24,150

Discover It Cash $3,800

Discover It $14,500

AMEX Business Bonvoy $10,000

AMEX Business Cash $6,000

Amex Hilton Surpass $5,000

Amex Delta Skymiles $6,000

New York & Co $4,000

BrylaneHome $4,000

Macy's Store Card $8,600

Macy's Amex $25,000

AU TJ Max $10,000

AU Cap1 Walmart $5,500

Amazon Prime Store Card $10,000

PayPal World MC $20,000

PenFed Power Cash Rewards $17,500

PenFed Platinum $15,000

Capital One Quicksilver $3,500

Apple Card $4,500

Aspiration Zero $20,000

GAP Barclays $3,000

Venmo Visa $15,000

X1 VISA $26,000

Gemini MC $15,000

BoA Americard $14,000

Wells Fargo Autograph $2,500

Alliant VISA $8,000

Citi Costco AU $10,000

> >CREDIT UNION

Navy Federal Credit Union: Savings/Checking

Langley Federal Credit Union: Savings/Checking

University of Hawaii Credit Union

Alliant Credit Union: Savings/Checking

PenFed Credit Union: Savings/PL

EX- 585, TU- 583, EQ- 563 | CURRENT SCORE UPDATED: 2/2023 -> FICO 8 EX 754 TU 741 EQ 755 | FICO 9 EX 747 EQ 763 TU 756

Message 13 of 26

@blazerein wrote:
It looks like First Niagara Bank is the front runner to acquire HSBC

Who are they??? Are they a big bank?? Are they going for their CC Portfolio?

EQ FICO 548 3/3/16

Message 14 of 26

195 upstate NY branches for $1 billion.

Message 15 of 26

LS, I thought I read somewhere Citi is about a 3 year blacklist. Is that not the case?

Message 16 of 26

@-Cain- wrote:
LS, I thought I read somewhere Citi is about a 3 year blacklist. Is that not the case?

That's some total BS.

EQ FICO 548 3/3/16

Message 17 of 26

So it's indefinite? Have you applied with and been denied?

Message 18 of 26

@-Cain- wrote:
So it's indefinite? Have you applied with and been denied?

Yes. Last week, 11 yr old acct.

EQ FICO 548 3/3/16

Message 19 of 26

Was that the reason given to you? Did you try recon?

Message 20 of 26