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Frequent Contributor
ficojoe
Posts: 270
Registered: ‎07-21-2012

Kay Jewelers account solely for the limit on report

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‎07-31-2012 06:37 PM

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?

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jordanmedical
Posts: 1,001
Registered: ‎04-08-2012

Re: Kay Jewelers account solely for the limit on report

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‎07-31-2012 07:38 PM

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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rootpooty
Posts: 1,613
Registered: ‎10-28-2011

Re: Kay Jewelers account solely for the limit on report

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‎07-31-2012 09:46 PM

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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