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Established Member
lucyblanc
Posts: 29
Registered: ‎04-02-2009

Re-opening a closed account?

I had a VISA card with Wells Fargo bank opened in 2000. I had some late payments and went over my minimum once. Fearing that I would never get it under control on a regular basis, I paid off the balance and closed the account in 2006. Dumb, dumb, dumb. It was my first credit card and I was stupid. Lost all that history (even if some was bad, it was still my longest running account) 

 

Heard a rumor that maybe, just maybe, I could open a new credit account with Wells and ask to have the original card opening date reinstated. Does that make sense? Has anyone ever heard of this happening? If so, how?  

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4/13/09: EQ 632, TU 658
4/2/09: EQ 640, TU 644
Goals for 09: Learn all I can about personal finance, get as close to 700 as possible!
Mega Contributor
Creditaddict
Posts: 18,977
Registered: ‎10-23-2007

Re: Re-opening a closed account?

amex does this, have not heard of any other banks doing it though.
Fico Scores: EQ 657 Cabelas, TU 653 Barclay, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Express $300
Over 30 Cards in between :smileytongue:
Established Member
lucyblanc
Posts: 29
Registered: ‎04-02-2009

Re: Re-opening a closed account?

Guess I just need to give it a try - the worst they can say is no right? If anyone has had any luck with this sort of thing, with any bank, I would love to hear your story.

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4/13/09: EQ 632, TU 658
4/2/09: EQ 640, TU 644
Goals for 09: Learn all I can about personal finance, get as close to 700 as possible!
Established Member
lucyblanc
Posts: 29
Registered: ‎04-02-2009

Re: UPDATE: Re-opening a closed account?

Well, no luck when I called Wells Fargo. And it didn't seem like trying again would prove fruitful. I was able to re-open my Nordstroms credit account though, and perhaps after a period of time with good behavior, I can vie for the few late payment dings to be adjusted - that's the plan for now anyways!
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4/13/09: EQ 632, TU 658
4/2/09: EQ 640, TU 644
Goals for 09: Learn all I can about personal finance, get as close to 700 as possible!

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