04-02-2007 05:26 PM
I really enjoy reading your posts. I went on and closed this new WAMU account as soon as I found out what the limit was ($3,000 that wouldn't help me pay off my BofA balance in full). My whole point for applying for this card was to save on the 13.99% interest rate on my BofA line of credit to get the 0% on the Wamu card for the first 12 months.
Without thinking though, I probably should have merged this account with my existing PRovidian Visa card since they both carry the same Visa logo, and 9 times out of 10, I am sure they would have approved it, and I would have earned a $3000 line of credit increase. But me not wanting a new credit file on my report, I told them to close it and send me a letter stating that the account was closed.