Frequent Contributor
QAMngrGirl
Posts: 349
Registered: ‎11-28-2012
Barclay's AA via Walmart Upgrade?

I opened a Barclay’s NFL Card last month. I opened a Walmart account in November ’12. So, if the “upgrade to Walmart Discover” option appears in my account in 6 months (or so), and I accept this offer:

 

1. Will this close the Walmart store card and open a new trade line? or will I have (2) trades?

2. If it is a new trade, will this new trade spook Barclay’s? &

3. Can I let the upgrade offer “sit” for a few months to avoid spooking Barclay’s or does it disappear if not used?

 

Thank you as always for any replies!

Start: Nov'12 EQ 699/EX 685/TU 696 / Current: MAR'13 EQ 717/EX 710/TU 729 * Goal 750+ Gardening until 6/2013
Regular Contributor
bernhardtra
Posts: 357
Registered: ‎10-15-2011
Re: Barclay's AA via Walmart Upgrade?

When I asked about the Discover option I was told it does not happen often, that they do it about every two years.  I have also been told other things as well.  It should just be a product change and you keep the AAOA, so that should not spook Barclays.  I am sure I have done more to spook Barclays recently than you have!  I just added 4 cards to my portfolio, sometimes I think they are a little too sensitive.  I am waiting to see what happens, while waiting I cashed out my points with them just in case!  I will certainly make sure that if they close my account, which I pay off in full I will have words with them!  (Especially, because I am due those bonus points for Christmas!)


Staying in the Garden, doin my research for the next best thing.
Barclay $1500, Marathon Visa $2500, Capital One $3500, Household $500, Marathon $900, Bealls FL $950, Belk $800, Walmart $1700, Discover $1000, Compass Bank $8000, PayPal Rewards MC $3,000, Chase $500 FICO scores (Walmart) 698 (Merrick) 712 CK Transrisk 689 Vantage 801 Credit Expert Plus Score 690
Established Contributor
aussiesareforever
Posts: 648
Registered: ‎10-04-2010
Re: Barclay's AA via Walmart Upgrade?

The Walmart Discover is a new trade line. It will lower your AAoA as it shows up as a new account.

 

From everything I've read, it has taken usually at least 1 year and in some cases longer, for the upgrade to happen. I wouldn't worry too much about Barclay if you are at least six months out from when you opened your account.


Barclay's Apple Financing Card ($6400) --- Capital One Cash Rewards World Card ($6000) ---GEMB CareCredit ($5700) --- AU FCU ($6000)--- Walmart ($5000)


FICO Scores: TU 735 EQ 695 EX 740 (Feb 2013, all pulled by lender)

Mortgage in 2013- So help me God!
Regular Contributor
bernhardtra
Posts: 357
Registered: ‎10-15-2011
Re: Barclay's AA via Walmart Upgrade?

aussiesareforever wrote:

The Walmart Discover is a new trade line. It will lower your AAoA as it shows up as a new account.

 

From everything I've read, it has taken usually at least 1 year and in some cases longer, for the upgrade to happen. I wouldn't worry too much about Barclay if you are at least six months out from when you opened your account.


It's at the 5 month mark, so hopefully I will be OK!


Staying in the Garden, doin my research for the next best thing.
Barclay $1500, Marathon Visa $2500, Capital One $3500, Household $500, Marathon $900, Bealls FL $950, Belk $800, Walmart $1700, Discover $1000, Compass Bank $8000, PayPal Rewards MC $3,000, Chase $500 FICO scores (Walmart) 698 (Merrick) 712 CK Transrisk 689 Vantage 801 Credit Expert Plus Score 690