topic Re: Na Na Na Na Hey Hey Hey Goodbye!!! in Credit Cards

Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Tue, 10 Jan 2017 21:23:50 GMT

Happy to say that I called and closed my Credit One Visa today before the renewed AF at the end of the first year. The card was a joke but it was a big part of my rebuild, so no complaints here. I had a $600 limit, used it for a couple of auto billed payments each month ($40. total) and always paid it off as soon as the charges posted. In anticipation of closing it in January 2017, I stopped using it in November.

Funny though, beware of the process of shutting down the card. I told the rep that I wanted to close my account and she transfered me to an 'account specialist'. This guy spent 10 minutes telling me that 'if you are willing to make a good financial decision today' (lol) he would reduce my annual fee to 'only' $10, even though Credit One had to pay much more to report to all three bureaus, he would 'help me out'. Ha, ha...this was great, what a pitch...When I explained that I wasn't interested and that the card no longer worked for my profile, he said that he had the authority to offer me a new interest rate, 2% lower (wait for it...) for 6 months. He then said that he could even authorize a review of my credit line to see if anything could be done. Wow...he was working it. In the end, he said he would close the account right then, but that if I decided to stay as a Credit One Bank customer, I would have to reapply and there was no guarantee that I would be approved again in the future. Really???

So, after 15 minutes of my life that I'll never get back, he closed the account. This morning when I checked, it appears closed but you can bet I will watch it like a hawk until it reports zero/closed by consumer/gone/done on my credit reports. When I checked my email a little later this morning, it said there was a document waiting and to sign into Credit One to view it. Assuming it was confirmation of the closure, I checked but it was a denial for the credit limit increase I didn't ask for, due to ' account has been open less than one year'. Four days less than a year...clowns!

No hard or soft pull so far but I'll be watching for that as well. What a workout! Easy to get in...hell to get out, as my grandfather used to say.

Anyway, glad to be done with them and remove them from my siggy!!

Chapter 7: Discharged November 2015
11/15 Fico 8: EQ-585, TU-550, EX- 551
01/17 Fico 8: EQ-695, TU-703, EX-673
Cap One Platinum $2K>$4K, Cap One Quicksilver $3K, Discover $1,600>$1800>$2300, SPGVisa $4500, Red Roof Inn Siggy Visa $5K, Good Sam/Camping World Visa $1800, Overstock $7K>$7300, Lowe's $6K>$17K, NFCU Cash Rewards Visa $4600>$22K, NFCU CLOC $15K, NFCU Go Rewards $5500, Advantis CU Platinum Siggy Visa $25K, PenFed Promise Visa $10,500, PenFed Plat Rewards Visa Siggy $5500, Evine $1K>$5K

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Tue, 10 Jan 2017 21:26:01 GMT

I know nothing about Credit One other than what I've read on this forum and what I've read about them is always negative. That said, congrats on getting rid of them.

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Tue, 10 Jan 2017 21:34:53 GMT

Thanks brutal!

A year ago I was so grateful to have a card after my BK, it's a great feeling to now be able to start cleaning house!

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

rmduhon — Tue, 10 Jan 2017 21:51:50 GMT

If you have to call back like I did (they were dragging their feet on actually closing the card) be sure to have them send you a letter stating that it was closed with a zero balance. My letter is filed away just in case they try anything funny

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Tue, 10 Jan 2017 21:56:50 GMT

Thanks for the GREAT tip rmduhon, I will call for a confirmation letter now!

Really appreciate it!!

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Tue, 10 Jan 2017 21:57:28 GMT

I bet it feels great to get rid of the fat! Congrats op!

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Tue, 10 Jan 2017 22:03:39 GMT

Grat's for blowing off the sales pitch! As you said, it opened doors and now is the time to say good bye! Enjoy your new found freedom.

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Tue, 10 Jan 2017 22:54:25 GMT

@ 12veletronics, you are so right! I didn't know it would feel so good to drop the dead weight!

Comenity cards are next later this winter

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Tue, 10 Jan 2017 22:55:28 GMT

Thanks Dinosaur! It's a good day!!

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

AverageJoesCredit — Tue, 10 Jan 2017 23:43:20 GMT

Nice going Wade! What they need specifically to deal with Credit One is a Ferris Beuller voice recorder to deal with their sales pitch, have preselected replies and just go enjoy a ball game

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Wed, 11 Jan 2017 02:46:37 GMT

That's hysterical AverageJoesCredit! I haven't watched that movie in quite awhile.

'Oh, I'm sorry. I can't come to the door right now. I'm afraid that in my weakened condition, I could take a nasty spill down the stairs and subject myself to further Credit One abuse.'

Thanks for the laugh

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

AverageJoesCredit — Wed, 11 Jan 2017 02:52:13 GMT

Lol, your welcome Wade, pure classic. Its actually quite funny im actually watching a ok, maybe not so classic classic Deck the Halls WITH Mathew Broderick haha at this very moment and was actually gonna watch Ferris' Day off. Heck im off tomorrow probably will

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Wed, 11 Jan 2017 03:07:44 GMT

Nice...a day off...enjoy!

We're just starting to see some serious snowfall tonight. If this keeps up, I just might be home watchin' movies tomorrow too!

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Wed, 11 Jan 2017 03:12:58 GMT

I knew your post was about closing Credit One just from the title! Lol! Congrats! I had no problems with Credit One, but it felt like I reached a milestone when I closed mine! And they offered me, unlike you, a big fat nothing to stay. Just kept repeating my current terms. Anyhow, a big congratulations, Wade! 😀

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Wed, 11 Jan 2017 03:18:56 GMT

Well, they did offer a $36 statement credit, I almost forgot. WTH? What an arbitrary number.

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Wed, 11 Jan 2017 03:19:21 GMT

Well done, Wade! Thanks for your humor, too. Made me laugh.

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

AverageJoesCredit — Wed, 11 Jan 2017 03:20:07 GMT

Ah snow how i miss it so. Unlike my Credit One....a Rogue One story....

Uh, wait , never had one , had me a Finfer Hut One, is that Rogue?

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

AverageJoesCredit — Wed, 11 Jan 2017 03:21:23 GMT

FINGERHUT, duh, must be tired, lol or its still my spelling hah

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Wed, 11 Jan 2017 04:58:37 GMT

@ Bella thanks!

WOW, a $36 statement credit...WTH indeed! So strange.

I just received the ' Come Back to Your $600 Credit Line Today' email. Relentless

Re: Na Na Na Na Hey Hey Hey Goodbye!!!

Anonymous — Wed, 11 Jan 2017 05:00:42 GMT

Ha, ha Musiclover!

Right? Sometimes you just have to laugh outloud