Warning letter from Home Depot

[black_citi]

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@hayhayhayday wrote:

you can buy tiny item

washer ~$0.05

nail (1) $0.15

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LOL!

[avggoal700]

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@-Wade- wrote:

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@emptypockets wrote:

I come home today, and received a letter from Home Depot saying "Don't let your credit limit decrease." The letter says that they noticed that I haven't used the card in 10 months, and their policy is to reduce credit limits on accounts that are inactive for 10 months. The letter says that if I have any activity between now and 6/1/14, my credit limit (currently 5.5k) will not change. If I don't use the card by then, they will drop the limit to $5,001 (weird number).  Anyway, it says I can choose one of three easy ways to keep my existing limit, stop by and pick up some essentials (light bulbs, batteries), use the coupon they sent to get Special Finanacing for 18 mos on a purchase of $499 or more, or make any online purchase. 

Guess I will be going to get some batteries and light bulbs soon, lol.

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Well at lease they gave you a warning

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+1

[plasectomy]

Nice gesture by giving you a heads up. Imagine if Amex FRs were this way!

[youdontkillmoney]

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@ojjlkjlkj wrote:

Nice gesture by giving you a heads up. Imagine if Amex FRs were this way!

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^^^^

Agree, the notification letter reflects positively on HD as a lender.

I've had CC companies that cancelled my card for non use, and then when I tried to use it, it got declined. So it was a little embarrassing so I had to go and make a call and ask, and they said it was cancelled for non use and I stated "don't you warn your customers" and they said a notification was sent out (I never got it..yeah right).

So you got a letter at least.

[Kenny]

Nice to know they do this! It reminds me that I really need/want to replace our exterior doors.

[maiden_girl]

Does Citi back the Home Depot card?

[emptypockets]

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@maiden_girl wrote:

Does Citi back the Home Depot card?

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Yes, it is backed by Citi.