topic Re: True Value Credit Card program from Comenity ending. in Credit Cards

True Value Credit Card program from Comenity ending.

CountryLivin — Wed, 22 Jan 2020 00:32:49 GMT

I just got a letter from Comenity letting me know that the True Value Credit Card program is ending March 5, 2020 and all True Value Credit Cards will be closed on March 6, 2020.

This is one of my accounts with a rather large limit, so I will miss this, as I shopped at True Value a lot.

Re: True Value Credit Card program from Comenity ending.

ChargedUp — Wed, 22 Jan 2020 00:38:18 GMT

@CountryLivin wrote:
I just got a letter from Comenity letting me know that the True Value Credit Card program is ending March 5, 2020 and all True Value Credit Cards will be closed on March 6, 2020.
This is one of my accounts with a rather large limit, so I will miss this, as I shopped at True Value a lot.

This was the only co-branded card that I knew of that used Discover's network and still existed... So much for that.

Re: True Value Credit Card program from Comenity ending.

mikesonthemend — Wed, 22 Jan 2020 00:38:59 GMT

That is no good. I try to support my local Ace when I can, especially when I have "how to" questions.

Re: True Value Credit Card program from Comenity ending.

M_Smart007 — Wed, 22 Jan 2020 00:39:53 GMT

@CountryLivin wrote:
I just got a letter from Comenity letting me know that the True Value Credit Card program is ending March 5, 2020 and all True Value Credit Cards will be closed on March 6, 2020.
This is one of my accounts with a rather large limit, so I will miss this, as I shopped at True Value a lot.

Sorry to hear that. True Value is a name that's been around for a good length of time. Since 1948

Re: True Value Credit Card program from Comenity ending.

Loquat — Wed, 22 Jan 2020 01:20:10 GMT

@ChargedUp wrote:
@CountryLivin wrote:
I just got a letter from Comenity letting me know that the True Value Credit Card program is ending March 5, 2020 and all True Value Credit Cards will be closed on March 6, 2020.
This is one of my accounts with a rather large limit, so I will miss this, as I shopped at True Value a lot.
This was the only co-branded card that I knew of that used Discover's network and still existed... So much for that.

I still remember myco-branded Direct Merchants Discover card. #goodoldays

Re: True Value Credit Card program from Comenity ending.

FinStar — Wed, 22 Jan 2020 01:35:26 GMT

Yup, just got my notice in the mail too. Well, there goes $21,000 😄. It's unfortunate, but it is a sign of the times.

Just less than a couple months ago, similar notifications for the Barney's CC program.

And... crickets from the Blispay CC.

Re: True Value Credit Card program from Comenity ending.

UncleB — Wed, 22 Jan 2020 02:07:21 GMT

@Loquat wrote:
@ChargedUp wrote:
@CountryLivin wrote:
I just got a letter from Comenity letting me know that the True Value Credit Card program is ending March 5, 2020 and all True Value Credit Cards will be closed on March 6, 2020.
This is one of my accounts with a rather large limit, so I will miss this, as I shopped at True Value a lot.
This was the only co-branded card that I knew of that used Discover's network and still existed... So much for that.
I still remember myco-branded Direct Merchants Discover card. #goodoldays

I had that one as well.

Mine had a $300 credit line, and my other card was an Orchard Bank/HSBC MasterCard also with a $300 credit line. Looking back it was amazing what I was able to do with those two little cards back then.

Re: True Value Credit Card program from Comenity ending.

UncleB — Wed, 22 Jan 2020 02:07:57 GMT

@FinStar wrote:
Yup, just got my notice in the mail too. Well, there goes $21,000 😄. It's unfortunate, but it is a sign of the times.

Just less than a couple months ago, similar notifications for the Barney's CC program.

And... crickets from the Blispay CC.

Crickets, indeed.

Re: True Value Credit Card program from Comenity ending.

AverageJoesCredit — Wed, 22 Jan 2020 02:10:25 GMT

I feel bad for @CreditMagic7

Re: True Value Credit Card program from Comenity ending.

FinStar — Wed, 22 Jan 2020 02:34:08 GMT

@AverageJoesCredit wrote:
I feel bad for @CreditMagic7

And why? I mean, this is impacting all True Value Discover accountholders and this tends to happen with Comenity here and there...for anyone that's been in the forums for a while. Some lost souls include Virgin America, Elder-Beerman, Barney's and the list goes on.

Re: True Value Credit Card program from Comenity ending.

Anonymous — Wed, 22 Jan 2020 08:28:34 GMT

Sorry to hear you are losing this card.

I hope it is more a Commenity issue, not a True Value is in trouble issue. We have three here, I'd hate to see them going/gone.

Re: True Value Credit Card program from Comenity ending.

AverageJoesCredit — Wed, 22 Jan 2020 04:01:55 GMT

Lol @FinStar, its just i correlate True Value Discover with CM7. As long as ive been on this forum he was the one poster i always saw with this beloved card. I'd feel bad if they took away @galahad15 's low apr cards or closed @joltdude s Hanscom card its just association . Credit cards come and go, but myFico connections are 4 ever AJC " Pendred" Johnson!

Re: True Value Credit Card program from Comenity ending.

CreditMagic7 — Wed, 22 Jan 2020 18:52:09 GMT

@FinStar wrote:
@AverageJoesCredit wrote:
I feel bad for @CreditMagic7
And why? I mean, this is impacting all True Value Discover accountholders and this tends to happen with Comenity here and there...for anyone that's been in the forums for a while. Some lost souls include Virgin America, Elder-Beerman, Barney's and the list goes on.

Yep! Got my letter just today. Bye Bye True Value Discover. Comenity seems to have a periodic shelf life for many of their cards. They pop on scene and lines generally grow like leaves on trees, then come a season then down they go. Obvious trend.

Did manage to see Barneys nearly top 50K which is actually outrageous before recently them ending it too.

Re: True Value Credit Card program from Comenity ending.

Anonymous — Wed, 22 Jan 2020 19:00:11 GMT

I'm guessing that since True Value was bought out by ACE Hardware, it was only a matter of time. And since USB is the issuer of ACE cards, they couldn't really convert True Value accounts to ACE accounts.

Bummer for those people.

Re: True Value Credit Card program from Comenity ending.

FinStar — Wed, 22 Jan 2020 19:07:42 GMT

@CreditMagic7 wrote:
@FinStar wrote:
@AverageJoesCredit wrote:
I feel bad for @CreditMagic7
And why? I mean, this is impacting all True Value Discover accountholders and this tends to happen with Comenity here and there...for anyone that's been in the forums for a while. Some lost souls include Virgin America, Elder-Beerman, Barney's and the list goes on.
+1

Yep! Got my letter just today. Bye Bye True Value Discover. Comenity seems to have a periodic shelf life for many of their cards. They pop on scene and lines generally grow like leaves on trees, then come a season then down they go. Obvious trend.

Did manage to see Barneys nearly top 50K which is actually outrageous before recently them ending it too.

Yup, indeed. My Barney's CC went *poof* as well. I closed it right about the time the initial notice was sent and since the stores or online were no longer accepting the card, it was best to let it go. So, like yours, mine was $30K.

And given today's retail environment, and as Comenity and several of its PLCC partners play roulette (or get gobbled up), I wonder which one is next 🤔 Then again, Meijer went to Citi and Comenity got Sony/PlayStation from Capital One 😜 And...still nothing on Blispay.

True Value store card closes March 6th 2020

althes — Thu, 23 Jan 2020 01:16:52 GMT

Got the letter from Comeity.

I only have the store card not the discover card.

Re: True Value store card closes March 6th 2020

simplynoir — Thu, 23 Jan 2020 01:18:55 GMT

Already being discussed here

https://ficoforums.myfico.com/t5/Credit-Cards/True-Value-Credit-Card-program-from-Comenity-ending/td-p/5886610

Re: True Value Credit Card program from Comenity ending.

woodyman100 — Thu, 23 Jan 2020 01:45:33 GMT

@FinStar wrote:
@CreditMagic7 wrote:
@FinStar wrote:
@AverageJoesCredit wrote:
I feel bad for @CreditMagic7
And why? I mean, this is impacting all True Value Discover accountholders and this tends to happen with Comenity here and there...for anyone that's been in the forums for a while. Some lost souls include Virgin America, Elder-Beerman, Barney's and the list goes on.
+1

Yep! Got my letter just today. Bye Bye True Value Discover. Comenity seems to have a periodic shelf life for many of their cards. They pop on scene and lines generally grow like leaves on trees, then come a season then down they go. Obvious trend.

Did manage to see Barneys nearly top 50K which is actually outrageous before recently them ending it too.
Yup, indeed. My Barney's CC went *poof* as well. I closed it right about the time the initial notice was sent and since the stores or online were no longer accepting the card, it was best to let it go. So, like yours, mine was $30K.

And given today's retail environment, and as Comenity and several of its PLCC partners play roulette (or get gobbled up), I wonder which one is next 🤔 Then again, Meijer went to Citi and Comenity got Sony/PlayStation from Capital One 😜 And...still nothing on Blispay.

I'm going to end every post and comment with that phrase now

Re: True Value Credit Card program from Comenity ending.

AverageJoesCredit — Thu, 23 Jan 2020 19:34:30 GMT

Curious, whats a Blispay🤔🌚

Re: True Value Credit Card program from Comenity ending.

odd_dog — Thu, 23 Jan 2020 19:53:29 GMT

@AverageJoesCredit wrote:
Curious, whats a Blispay🤔🌚

So sorry to hear you are losing that CL, OP.

AJC Blispay = new Unicorn since the Amex Zync is going away finally...the torch of unrealistic rebirth and unrealized credit card passes to Bilspay.....