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Poozie121
Posts: 119
Registered: ‎06-30-2013
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Re: Oh no! Barclay's CLD

This is a great article at @emptypockets posted last night..

 

http://www.barclaycardring.com/t5/Barclaycard-Ring-Public-Blog/A-Case-Study-of-a-Credit-Line-Increas...

 

http://www.barclaycardring.com/t5/Barclaycard-Ring-Public-Blog/A-Case-Study-of-a-Credit-Line-Increas...

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Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
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Re: Oh no! Barclay's CLD

The only thing I can think of open123 is when I opened the acct last year; it was at 0% so for maybe the first 2-3 months I paid a little more than the min. It was at 0%, so I took advantage.
I have literally made an avg pmt size of prob $2k.
I told the rep that too. I asked him to check my payment history and look at how big of payments I made. It was for this account, no other accts.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Established Contributor
EaglesFan2006
Posts: 549
Registered: ‎01-31-2008
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Re: Oh no! Barclay's CLD


youngandcreditwrthy wrote:
The only thing I can think of open123 is when I opened the acct last year; it was at 0% so for maybe the first 2-3 months I paid a little more than the min. It was at 0%, so I took advantage.
I have literally made an avg pmt size of prob $2k.
I told the rep that too. I asked him to check my payment history and look at how big of payments I made. It was for this account, no other accts.

What was your balance when they decreased it to 2750 initially?  Was it 0?  If so that's kind of odd because it's not really balance chasing.  I'm wondering if they saw something else that might have spooked them.

 

These stories stink...I remember getting my May CLI and the letter reading how great it was and that I could use my new "spending power" to take a trip or make a major purchase.  Of course, the fail to mention that doing that might just result in AA.  I don't know, I think there are a lot of unethical things going on with a lot of companies

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Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
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Re: Oh no! Barclay's CLD

Thanks poozie. Read that last night, and it barely makes sense.
Lol
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Senior Contributor
Open123
Posts: 4,194
Registered: ‎02-23-2011
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Re: Oh no! Barclay's CLD

When it comes to Barclays, here's my view.  They're *not* Amex or Chase; heck, they're not even Citi.  At this point, once pass the 6 month clawback signing bonus threshold, just close their accounts if institute any AA.

 

At this point, if I even so much as see their number on my caller id, I'm just going to start closing their accounts and call it "self defense."  :smileywink:

Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Oh no! Barclay's CLD

It was around $2k but as I mentioned, I've been pif for the most part.

I don't think they were balance chasing.
Let me see if I can find that letter for their exact wording lmao...
"Ratio of payment to outstanding balance is too low"

But hey, at least I got it reinstated.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Super Contributor
Ron1
Posts: 5,338
Registered: ‎05-23-2009
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Re: Oh no! Barclay's CLD

[ Edited ]

Sorry to hear:smileysad:. Barclays is unpredictable like BofA. I use it once a month. Their cards are not my primary cards. 

 

Ron.

Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Oh no! Barclay's CLD

Thanks for that reminder, Ron! Lol This is why I NEVER want a BOA card. Getting Citi was a mistake. No more credit mistakes!
I might just close out Barclay's myself in a few months. It was my first Amex, although quite obviously not a "true" Amex.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Super Contributor
Ron1
Posts: 5,338
Registered: ‎05-23-2009
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Re: Oh no! Barclay's CLD


youngandcreditwrthy wrote:
Thanks for that reminder, Ron! Lol This is why I NEVER want a BOA card. Getting Citi was a mistake. No more credit mistakes!
I might just close out Barclay's myself in a few months. It was my first Amex, although quite obviously not a "true" Amex.

Citi is not any good any more. I used to get CLI from them every 6 months. Only a few are good like US Bank, Amex, Discover, Cap 1, Chase.

 

 

Ron.

Established Contributor
emptypockets
Posts: 999
Registered: ‎02-03-2009
0

Re: Oh no! Barclay's CLD

It seems that one of there threads is posted everyday...so everyday I go check my Barclay's accounts. I'm still safe for now.


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