They did it AGAIN! Went on a family vacation a couple weeks ago. I had used my US Bank card to hold a boat reservation. When I went to pick up the boat, they tried running my card so they could put a $300 hold on it for the security deposit, but it was declined. I knew I had at least $500 available credit, so I called US Bank to find out why I was declined. Turned out they CLD'd me from $900 to $500 the previous day. Luckily, I had another card to put the hold on.
After having an $1100 limit and having no problems with handling it for a year and half with my secured card, I have already been CLD's down to $500 a few months after unsecuring it. I wish I would have just left the thing secured.
To add insult to injury, some of my ex-wife's medical bills popped up in collections a couple weeks later. I paid over $4000 last fall to pay for all (or so I thought) of her medical bills to get them off my reports. My reports were finally clean of collections. Then, out of nowhere, 2 more pop up that I never knew anything about. Now, I am afraid to pay anything more than the minimum payment on my US Bank card cuz I'm afraid they are going to balance chase me all the way down. I have had this card reporting $0 balance every month for almost a year now cuz I have always made sure to pay it off each month before reporting--now, they have scared me into keeping the card nearly maxed out to avoid further CLD's.
I hope your new Visa works out and you get the 3500 CL .
