Seems reasonable to me to close a department store card without purchases for a year.
Actually I would think that dept store cards would care less about any constant purchases and instead try to tempt you into the store with offers. My JCP sat for a year and then I was tempted last summer with a 0% term (think min purchase was $300) and then when I paid that off I got another 0% term for holiday shopping (that gets paid off the 1st). Wally world is also pretty good about 0% terms to tempt me into debt. Dillards is contantly offering special sales discounts if you charge the card on in store purchases during special days. Macy's has never messed with me when I do not make purchases. Kohl's seems like the most likely candidate to close one of my store cards for lack of use. They would probably do it without warning as well, at least from what I have heard from card holders when I worked there one holiday season.
When I worked at Bloomingdale's, the policy was after three years of no use, the card would be closed. This probably applies for Macy's as well.
That actually seems reasonable
I thought so too. Plus, at that point re-applying made people eligable for the 15-20% discount on all purchases. After three years, how anybody could remember that they even still had the card was a mystery to me.
Current: TU (5/14/14): 796 (Inquiries; 8/23/13) EQ (3/23/14): 791 (Inquiries: 8/23/13) EX (9/24/13): 780 (Inquiries: 7/2/12; 11/20/12; 7/30/13; 8/23/13)
Goals: No new inquiries for 2014, 800 for all CRs by 12/31/14
I think it is reasonable for a store to close the card if not used but I tried to close the account in October 2011 (I keep records of this stuff now) because I wasn't using it.
But when I called in, they talked me into keeping the card but I wanted to mail it back so I don't always have to argue with the analysts.
I just never got around to it.
So now it will be closed but they are doing what I wanted 7 months ago.
This happened to my mother as well, as she had not used her Target card in almost 6 years, and her 800 limit was dropped to 300. She called customer service and they did a review, and increased it back to 700.. go figure.
Since this thread was bumped I will add my 2 cents.
It is perfectly reasonable for Target or any other store to CLD or close your account for inactivity. Since you are not using the card actively, who is to say your credit risk is the same?
Barclays even has a policy that requires you to use the card at least once every 6 months for face account closure.
Starting Score: TU: 566
