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Frequent Contributor
Posts: 311
Registered: ‎07-21-2012

Kay Jewelers account solely for the limit on report

I obtained a Kay Jewlers account solely so I could have a revolving account with a decent limit on it reporting.  I was given a $1,000 limit. But, I do not really want to buy anything from them. How should I treat this account so that it will stay open, report, and perhaps even be given CLIs?

Established Contributor
Posts: 1,011
Registered: ‎04-08-2012

Re: Kay Jewelers account solely for the limit on report

They are prone to closing accounts for inactivity so I suggest you atleast purchase every few months even if it's just a small $20 customer appreciation event item.

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Valued Contributor
Posts: 1,772
Registered: ‎10-28-2011

Re: Kay Jewelers account solely for the limit on report

do you know which cra they pulled? whats the apr you were offered?  Like jordan mentioned they will close it if there is no activity

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