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Frequent Contributor
tsquad131
Posts: 474
Registered: ‎09-12-2010
0

Re: Wow, Barclays.

i had my account closed after having a 0 balance for a year and a half on my apple card because when i called in for an app for another one of their products they were reviewing my application and they came back saying they cant approve it and they are closing my current account have a good day. I was pissed but whatever, I just had my salliemae card changed over to their rewards MC so we will see if they close that one now since its a higher CL

FICO scores - 727 TU(Walmart)/ 727 EX(Amex app)/ 721 EQ(Discover app)
In My Wallet: BankAmericard Cash Rewards($2,000), Discover More($3,000), Chase Freedom($2,000), Fidelity Amex($1,000), Sam's Club Discover($4,400), SallieMae 5% Mastercard($5,000), Amex BCE($2,000) ,Citi Simplicity($2,000), Paypal SmartConnect($3,100), Walmart Store Card($2,350), Chase Amazon Visa($700), Target RedCard($500), Capital One Cash Rewards($750), Best Buy Store Card($1,900), HHGregg($2,000), Amazon Store Card($1,250),Newegg Preferred Account($2,000), Park West($2,000), BankAmericard Travel Rewards($5,000)
Valued Contributor
trumpet-205
Posts: 2,324
Registered: ‎11-11-2010
0

Re: Wow, Barclays.

OP, you need to know that Barclays is INQ sensitive.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
New Contributor
OwNt
Posts: 62
Registered: ‎10-07-2007
0

Re: Wow, Barclays.

[ Edited ]

Barclays is inquiry and new account sensitive. If you combine low scores, risky behavior, and a nervous lender, this is typically what happens.

 

I recently opened up a 20k line with them, and even with a high score, I won't be taking unnecessary risks.

~~Credit Cards~~
Alliant Platinum Rewards Visa, AmEx BCP, BofA Power Rewards, Bank of the West Platinum, Barclay Rewards World MC, Chase Freedom/Chase Sapphire Preferred, Citi Thank You Preferred/Citi Dividend Select, Discover IT, FNBOmaha, Paypal MC, US Bank Cash+/US Bank Perks+.

Total: $300,000+ in lines.
Established Contributor
logan_720
Posts: 608
Registered: ‎02-02-2012
0

Re: Wow, Barclays.

[ Edited ]

OwNt wrote:

Barclays is inquiry and new account sensitive. If you combine low scores, risky behavior, and a nervous lender, this is typically what happens.

 

I recently opened up a 20k line with them, and even with a high score, I won't be taking unnecessary risks.


I'm sorry. I'm going to have to correct you. My scores are all 700+. Currently, my utilization is at about 5%. I was not aware that asking for a credit limit was considered "risky behavior" nor was I aware that dumping sub prime lenders, for prime lenders was also considered as such. 

Established Contributor
YahComb
Posts: 595
Registered: ‎03-10-2012
0

Re: Wow, Barclays.

asking for a cli is not a big issue. But were you opening tons of new accounts since acquiring your barclays card? in that instance asking for a cli from a known twitchy lender like barclays can be dangerous. you said you apped for "what you wanted" well did you just want 1 or 2 more cards, or what?

EQ-736(08/14) TU-758(06/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 7.5K | Disc It 9K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yr AAOA: 25.8 mo
Established Contributor
guydiver
Posts: 534
Registered: ‎08-30-2007
0

Re: Wow, Barclays.

[ Edited ]

That is a whole lot of accounts to be playing roulette with Barclays, and for the most part they are lower limits with decent but not excellent Fico scores.  You pulled on the tiger's tail and got bit.  Like another poster stated, Barclay's is known to be less than forgiving and reading your siggy would make me think twice, or maybe more times before rattling their cage.:smileysad: 

MyFICO Forums ROCK!! & . Been There, Done That. Never Going Back! Goal>>>> 800,800,800!

Starting Score: 1/05 upper 500's??Current Score: FICO: EQ 783, TU(98) 790, EX 814(Vantage) 779(CS) Goal Score: .....800 IS ON MY BUCKET LIST! EX ,BITE ME! .:smileyvery-happy:
In My Wallet: CU Visa 15K, Sam's Club 10K, Lowe's 10K, Cabela's Siggy Visa 11.5K, Travelocity AMEX 18K :
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HiLine
Posts: 2,870
Registered: ‎10-19-2012
0

Re: Wow, Barclays.

It seems to me that there's some other reason your account got closed. Please let us know what you find out by calling them tomorrow. Good luck! 

Established Contributor
masscredit
Posts: 704
Registered: ‎07-17-2012
0

Re: Wow, Barclays.

I can see them doing that to a person that doesn't mind a ding on their credit then that person saying "fine. you closed my account... then your not getting paid!"


|****$6000****|****$6000*****|****$4500*****|****$2500****|****$1600****|****$3000****|******$750******|*****$700*****|
EX - 651 (MyFico 06/05/14) TU - 662 (Barclay 08/05/14 ) EQ 04 - 699 (DCU -07/26/14) EQ 08 - 686 (MyFico -08/09/14)
Senior Contributor
youngandcreditwrthy
Posts: 6,204
Registered: ‎08-16-2012
0

Re: Wow, Barclays.

I'm starting to get irritated with barclay's too. Lol
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Frequent Contributor
Mike360
Posts: 433
Registered: ‎03-19-2010
0

Re: Wow, Barclays.

I just opened a Baryclay's account. OP did you ever find out why your account was closed? From the looks of your post history it seems you opened alot of new accounts and/or requested a few limit increases. I'm just trying to find out so i don't make the same mistake. I had 0 INQ's on TU at time of approval and play to keep it that way. Only cards opened in the past year for me have been Best Buy and Chase. They will both be at the one year mark by the end of the year tho. 

~~In my wallet: Best Buy $7500, Dell Preferred $5500, Discover IT $4000, Chase Freedom $3500, Barclays NFL Extra Points $3300, Sears $2800, Bill Me Later $2100, CapOne Platinum $2000, Kohls $1500, Target $200

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