10-05-2011 10:08 AM
My CL has stayed at $300 for the past 3 years and although i have asked on many occasions, I never got a CLI.
I recently got an AMEX Zynx and a Platinum (hello backdating). Although I know that they are charge cards with no CL, they still do count as a credit card. I have come to the conclusion that the BBRZMC will not grow with me. Two weeks ago was the last time I asked for a CLI and was given the same BS line even though I spoke to a supervisor.
Should I cut my losses or keep it until I get a credit card with a decent CL?
AF is 59/yr
10-05-2011 10:25 AM
I personally wouldn't hold onto a card with a 300$ CL and a 59 AF. I would close it as it serves no real purpose anymore, and more than likely will never grow. JMO
10-05-2011 11:06 AM
I recently cancelled mine.
I was sick of no CLI and the $59 AF.
I was stuck at $750 forever. I think it has been more than 7 years.
I have cards with 10k CLs....there is no way I am paying fee for a 750CL.
10-05-2011 11:18 AM
I have had minefor about 3.5 years and this card has never been late always PIF and stuck at $300 CL
I have asked maybe twice every year for a CLI but always shut down. They didnt even want to waive the $59 AF this year.
Maybe i should wait just before they put hte AF to cancel the card. That would be April of next year.
10-05-2011 02:21 PM
I cancelled mine right after the AF hit.
I called them and the only cooperation I ever received from them was to get them to remove the AF so I could close the card. LOL
I guess you could wait to close right before AF hits. HSBC doesn't like to show any love. They are very stingy with this card.
I have no regrets dumping them. The card will still report in good standing for the next 10 years as it closed in good standing without any balance.
10-05-2011 03:25 PM
In my opinion this card is a complete waste of time (and if you're paying an AF, of money).
I got it around April of 2010 with an initial CL of $300 (what a joke). After about 6 months I received an auto CLI of $100, for a new CL of $400 (still a joke).
When the $59 AF was going to be due, I called to cancel. Even then they wouldn't offer me a CLI. Get rid of it.