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Super Contributor
Posts: 6,596
Registered: ‎04-07-2008
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UPromise being sold to Barclays

Friend of mine got a letter saying that his UPromise was being sold to Barclays

 

UPromise currently offered by BOA. Anyone else got this letter?




Established Contributor
Posts: 726
Registered: ‎05-12-2012
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Re: UPromise being sold to Barclays

[ Edited ]

I have a notice in my online banking about this as well.  My card is a partially secured BOA cash rewards.  I'm wondering what will happen with the deposit and if there will be a rewards structure....I just now saw this notice today.  Here is an image of the actual notice I received.

 

Update:  I just got off the phone with CS and they said that I do not have a Upromise account, that the BOA Cash Rewards is not handled by Upromise and to disregard the notice.

 

I actually had not heard of Upromise before, so I wasn't sure what that was all about.  He just said that notice was displayed on all Online banking accounts in case some one had a Upromise account.  But he said it would actually say Upromise on the card if it were with them.... Thank God, cos I didn't want to have to jump through any hoops! 

 

 

Upromise.GIF


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Moderator Emeritus
Posts: 10,932
Registered: ‎12-30-2011
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Re: UPromise being sold to Barclays

http://www.businessweek.com/news/2012-06-12/bofa-dropped-by-sallie-mae-as-barclays-wins-upromise-car...

 

Happened a bit ago for the annoucement, guess they're finally getting around to the transition.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 693, EQ 8 685, TU 705, EX 709 (02/27/15)
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