topic Re: Marvel MC CLD in Credit Cards

Marvel MC CLD

SunriseEarth — Mon, 08 Jul 2019 06:11:49 GMT

Hey everyone,

As a disclaimer, I am posting this information for data points for our Forum members. I am well aware that lack of activity can lead to CLD and account closure; this isn't a "rant" but just a presentation of information that may be of help to others.

Now, on to the data! I last used my Marvel MC in February 2018. At that time, my CL was $25K. I had gotten up to that CL via chat. I had a spend offer that I had completed months before but never received credit for. I tried to resolve the issue a few times with CSRs but got nowhere, so I ended up filing an CFPB complaint. An account manager got back to me and they issued a credit for the amount. However, I was disillusioned with them and moved on to greener pastures, namely my Uber Visa.

So the card has remained SDed to this very day. However, a few days ago, I noticed that my overall CLs had dipped. I logged in today and discovered that my CL went from $25K to $1,024. Out of curiosity, I asked for a CLI; I asked for the full $25K, but they countered with $10K.

The last activity on my account was my payment on 3/27/18. So it appears that I went for over 15 months until SYNC finally decided to CLD. I may eventually close the account, but I need some accounts with zero balances, as I regularly use a lot of my other CCs. I can't say I'm too upset over CLD. I'm actually a bit surprised it took this long, and I'm more surprised that they instantly restored much of the CL.

For other data points, my TU08 score is 840, income is $150K, and I have about 4% UTIL overall. Maybe my profile makes SYNC a bit more accommodating, as anecdotally, they seem to act more quickly for inactivity. I'm curious as to what others have experienced.

Re: Marvel MC CLD

Anonymous — Mon, 08 Jul 2019 11:56:42 GMT

This is my only Synch card that I can’t seem to grow for whatever reason. I was approved for the card SL $2500 and then applied for the PayPal 2% and got a SL of $10K same day. So I’m thinking of closing the Marvel.

Re: Marvel MC CLD

Jnbmom — Mon, 08 Jul 2019 12:02:51 GMT

Thanks for the DPs.

My marvel card gets very little use, but a little activity a few charges every couple of months.. It is by far my slowest moving synch card.

Re: Marvel MC CLD

AverageJoesCredit — Mon, 08 Jul 2019 13:11:11 GMT

Sorry to hear Sunrise, but understandable . Looks like you got the @tcbofade tacofaded no credit treatment. I use mine every couple months to show usage. Would use it more but with the apr and just have too many cc's hold me back. In todays Sync, 15 months is a great time . Never close an Avengers card, we never know when we might need them

Re: Marvel MC CLD

Anonymous — Mon, 08 Jul 2019 16:11:37 GMT

A couple of points.

They will CLD for lack of use as a warning that you're about to get it shutdown. I had a shutdown for lack of use on a Sync card at ~22 months.

CL reclaim to 10K instead of 25K is due to using the online method vs calling the backdoor number for a full restore.

If you need a buffer for UTIL then bump your other cards that you do use or use at least semi often. BOA/Disco/CITI

Re: Marvel MC CLD

Anonymous — Mon, 08 Jul 2019 17:25:46 GMT

@Anonymous wrote:
A couple of points.

They will CLD for lack of use as a warning that you're about to get it shutdown. I had a shutdown for lack of use on a Sync card at ~22 months.

CL reclaim to 10K instead of 25K is due to using the online method vs calling the backdoor number for a full restore.

If you need a buffer for UTIL then bump your other cards that you do use or use at least semi often. BOA/Disco/CITI

I have never had any luck using the backdoor number on existing cards to get a CLI.

Re: Marvel MC CLD

Anonymous — Mon, 08 Jul 2019 17:42:51 GMT

@Anonymous wrote:
I have never had any luck using the backdoor number on existing cards to get a CLI.

Looking at your signature you're at about 61K w/ Sync. Overall their limit tends to be 100K per person before they get antsy about things. Do you recall what the denial letters gave for reasons for the denial? It's possible it's too much activity w/ adding other accounts or just bad timing between requests.

Re: Marvel MC CLD

Anonymous — Mon, 08 Jul 2019 19:37:57 GMT

@Anonymous wrote:
@Anonymous wrote:
I have never had any luck using the backdoor number on existing cards to get a CLI.
Looking at your signature you're at about 61K w/ Sync. Overall their limit tends to be 100K per person before they get antsy about things. Do you recall what the denial letters gave for reasons for the denial? It's possible it's too much activity w/ adding other accounts or just bad timing between requests.

I'm going to be honest with you @Obscure-Expert , Inquiries seems to be my downfall.

Re: Marvel MC CLD

Anonymous — Mon, 08 Jul 2019 19:51:57 GMT

@AverageJoesCredit wrote:
Sorry to hear Sunrise, but understandable . Looks like you got the @tcbofade tacofaded no credit treatment. I use mine every couple months to show usage. Would use it more but with the apr and just have too many cc's hold me back. In todays Sync, 15 months is a great time . Never close an Avengers card, we never know when we might need them

Scary!

Re: Marvel MC CLD

AverageJoesCredit — Mon, 08 Jul 2019 20:38:18 GMT

🦸‍♂️🤷‍♂️😱

Re: Marvel MC CLD

tcbofade — Mon, 08 Jul 2019 21:21:47 GMT

@AverageJoesCredit wrote:
Sorry to hear Sunrise, but understandable . Looks like you got the @tcbofade tacofaded no credit treatment. I use mine every couple months to show usage. Would use it more but with the apr and just have too many cc's hold me back. In todays Sync, 15 months is a great time . Never close an Avengers card, we never know when we might need them

While they did NOT CLD me, they did leave me hanging on a spend bonus. Hard copy letter sent via snail mail got the credit to my account.

I don't use mine often, but DO use when DW, DD, and/or myself go to the movies...so three or four times a year.

Re: Marvel MC CLD

SunriseEarth — Tue, 09 Jul 2019 08:16:42 GMT

@Anonymous wrote:
They will CLD for lack of use as a warning that you're about to get it shutdown. I had a shutdown for lack of use on a Sync card at ~22 months.

CL reclaim to 10K instead of 25K is due to using the online method vs calling the backdoor number for a full restore.

If you need a buffer for UTIL then bump your other cards that you do use or use at least semi often. BOA/Disco/CITI

Good to know about your closure at 22 months of inactivity. I don't really need a UTIL buffer so much as I need accounts that will always have zero balances. I don't think I'll try Credit Solutions or chat to go back to $25K, since I really don't need the CL. I'm considering getting the PayPal CC, since I don't really have a 2% gen spend card that I like. Right now, I'm using my Cash Magnet for gen spend, but it's 1.5% and AMEX rewards are extremely slow to post.

Maybe I will buy something cheap on the Marvel card, just to get some "activity".

Re: Marvel MC CLD

SouthJamaica — Tue, 09 Jul 2019 11:11:27 GMT

@SunriseEarth wrote:
@Anonymous wrote:
They will CLD for lack of use as a warning that you're about to get it shutdown. I had a shutdown for lack of use on a Sync card at ~22 months.

CL reclaim to 10K instead of 25K is due to using the online method vs calling the backdoor number for a full restore.

If you need a buffer for UTIL then bump your other cards that you do use or use at least semi often. BOA/Disco/CITI
Good to know about your closure at 22 months of inactivity. I don't really need a UTIL buffer so much as I need accounts that will always have zero balances. I don't think I'll try Credit Solutions or chat to go back to $25K, since I really don't need the CL. I'm considering getting the PayPal CC, since I don't really have a 2% gen spend card that I like. Right now, I'm using my Cash Magnet for gen spend, but it's 1.5% and AMEX rewards are extremely slow to post.

Maybe I will buy something cheap on the Marvel card, just to get some "activity".

Let's not forget that it gives 3% cash back on dining & entertainment. Buy yourself a hamburger with it or go to a movie. It's the only card I've ever had that makes people smile sometimes

Re: Marvel MC CLD

Anonymous — Tue, 09 Jul 2019 15:32:33 GMT

After the Captain Marvel & Avengers: Endgame movies I’d be embarrassed to have this card.

Re: Marvel MC CLD

SouthJamaica — Tue, 09 Jul 2019 15:51:18 GMT

@Anonymous wrote:
After the Captain Marvel & Avengers: Endgame movies I’d be embarrassed to have this card.

I have Spiderman.

Re: Marvel MC CLD

Anonymous — Tue, 09 Jul 2019 17:46:14 GMT

@Anonymous wrote:
After the Captain Marvel & Avengers: Endgame movies I’d be embarrassed to have this card.

Meh. In the comic world, nothing is ever an absolute.

Re: Marvel MC CLD

DaveInAZ — Tue, 09 Jul 2019 23:18:13 GMT

@SouthJamaica wrote:
@SunriseEarth wrote:
@Anonymous wrote:
They will CLD for lack of use as a warning that you're about to get it shutdown. I had a shutdown for lack of use on a Sync card at ~22 months.

CL reclaim to 10K instead of 25K is due to using the online method vs calling the backdoor number for a full restore.

If you need a buffer for UTIL then bump your other cards that you do use or use at least semi often. BOA/Disco/CITI
Good to know about your closure at 22 months of inactivity. I don't really need a UTIL buffer so much as I need accounts that will always have zero balances. I don't think I'll try Credit Solutions or chat to go back to $25K, since I really don't need the CL. I'm considering getting the PayPal CC, since I don't really have a 2% gen spend card that I like. Right now, I'm using my Cash Magnet for gen spend, but it's 1.5% and AMEX rewards are extremely slow to post.

Maybe I will buy something cheap on the Marvel card, just to get some "activity".
Let's not forget that it gives 3% cash back on dining & entertainment. Buy yourself a hamburger with it or go to a movie. It's the only card I've ever had that makes people smile sometimes

Yeah, that's all my Uber card gets, fast food 3-4 times a month. In a year or so I might finally hit the $25 redemption requiement.