Why be scared now? I'm not trying to be harsh, but You knew the possible consequences of having such a large number of inquiries and new accounts dealing with Barclays or any other creditor for that matter.
So IMO no you should not close your account. You are in a position that its probably best to just ride it out versus making a knee jerk decision on a whim. Think about it, they don't have to wait 6 months to decide to close you down as they could do that at any time. There's a 50/50 chance that some type of AA could happen. Might as well sit back for the ride
If its any consolation I opened at least 8 new accounts since I opened Barclays back in September. So far nothing AA for me but you never know. I knew what could happen but I have other cards more than 3 times the limit of Barclays so I'm not too concerned about it.
This one is just better to do a wait and see what happens scenario. It's a gamble that you just may win.
So IMO no you should not close your account. You are in a position that its probably best to just ride it out versus making a knee jerk decision on a whim. Think about it, they don't have to wait 6 months to decide to close you down as they could do that at any time. There's a 50/50 chance that some type of AA could happen. Might as well sit back for the ride
If its any consolation I opened at least 8 new accounts since I opened Barclays back in September. So far nothing AA for me but you never know. I knew what could happen but I have other cards more than 3 times the limit of Barclays so I'm not too concerned about it.
This one is just better to do a wait and see what happens scenario. It's a gamble that you just may win.
Yeah, I'd probably be more worried about Penfed since they are pretty conservative. I don't know if they have an AA stigma like Barclays gets but that card has the higher limit and is more of a prize card (imo). I'm worried they may do something about my new accounts but if they want to ruin my relationship with them and the perfect PIF payment history I have and screw themselves out of me having 3 of their cards in the future (Been eyeing the Ring and Priceline in the distant future), then that is their fault. Don't have a heartattack worrying about and don't do something foolish by trying to get the jump on them.
@bs6054 wrote:@b_seeker wrote:
I'm worried they may do something about my new accounts but if they want to ruin my relationship with them and the perfect PIF payment history I have and screw themselves out of me having 3 of their cards in the future (Been eyeing the Ring and Priceline in the distant future), then that is their fault
Sorry, just find that funny. If Barclays was reading this, I don't think they would be too upset at the thought of losing the business of someone "eyeing.... in the distant future"
And of course those that PIF aren't as profitable as those that don't.
Considering they'd deny me currently (already have), I have to wait until my accounts age. Find it funny all you want. I don't really care. The point was that if they don't value me as a card member, then I won't value them as an issuer, now or in the future. Plenty of others who will.