Ok, so by now everyone knows that the majority if not all S.A are closing. I have a credit card by them aka Comenity never used it before. Today I activated the card hoping I could use it BUT the store associate said it's not possible anymore. She said they don't even honor gift cards or military discounts anymore.
So here is the big question. Does anyone know what Comenity is going to do with that credit card? Will they just closed the accounts or will they transfer it to something else? At first it looked like only some stores are closing but now it turns out almost all if not all stores are closing. Any thoughts?
So here is the big question. Does anyone know what Comenity is going to do with that credit card? Will they just closed the accounts or will they transfer it to something else? At first it looked like only some stores are closing but now it turns out almost all if not all stores are closing. Any thoughts?
Comenity closes accounts once the stores are closed they do not transfer it to anything else and AFAIK you cannot xfer the limit to another card from them either by asking it be done.
Thanks for the replies, well I guess I am glad I never used it or earned any kind of points. By the way, is there a way to know which major credit cards or store cards are coming to an end or ready to renew with a providers examples of that Jetblue ended with Amex and Costco with Amex. I am wondering is anyone have a clock on these credit cards and companies.
I guess it would give you an idea what cards to keep an eye on.
I guess it would give you an idea what cards to keep an eye on.
That's good that it won't really hurt your situation by it closing. I can see it causing issues for some, depending on how much credit they have tied up in to it. I guess that goes for any card closing.
