topic Re: Comenity AKC Card in Credit Cards

Comenity AKC Card

gdale6 — Wed, 21 Oct 2020 23:58:27 GMT

Hi all,

I see they have removed the request a CLI part of their online website or at least they did for me. Same for you??

Re: Comenity AKC Card

CreditCuriosity — Thu, 22 Oct 2020 01:35:29 GMT

Don't see it on mine either.. Strange still on WS Visa from them. Card going away?

Re: Comenity AKC Card

Hex — Thu, 22 Oct 2020 01:39:49 GMT

it's missing for me too. Hopefully not going away! It's still open for apps.

Re: Comenity AKC Card

rostrow416 — Thu, 22 Oct 2020 02:15:22 GMT

This happened when the Comenity Wayfair card was phasing out.

Re: Comenity AKC Card

gdale6 — Thu, 22 Oct 2020 14:49:27 GMT

Hmmm, going to have to call them and ask about it.

Re: Comenity AKC Card

gdale6 — Thu, 22 Oct 2020 15:15:16 GMT

Well I called them and they tell me that yes they have removed it, its not coming back and you now have to call in for CLIs, I asked for one, went to review. Im to the point of most likely just canceling this card as it really doesnt fit into my spending anymore. In this day and age not being able to do things online is a big one for me...

Re: Comenity AKC Card

Anonymous — Thu, 22 Oct 2020 21:07:58 GMT

It's an AKC card so I guess they want you to beg.

Re: Comenity AKC Card

CreditCuriosity — Thu, 22 Oct 2020 21:14:29 GMT

strange why they only appears they removed it from this major of theirs only.. i was coming up on my first CLI end of NOV being 6 months with card :/.. Cant complain to much they gave me a very generous SL.

Re: Comenity AKC Card

gdale6 — Mon, 26 Oct 2020 14:16:18 GMT

They refused to increase the limit with BS reason (owe too much for income stated) and that is 7.8K owed against 44K income, I could pay this off tomorrow but I use banks money to make money and thats not going to happen so I proceeded to call them to terminate the card, they wanted to know the reasons and this is what I told them:

1. False advertising that said I could put my own pets pics on the card (it has never worked in the 6 yrs I have had the card)

2. False reason for refusing CLI when they have approved such increases when I have owed much more than that

3. Removal of CLI request from the website

4. Poor website interface in relation to other banks that I have accounts with

5. High interest (18.99 at 0% from the Fed)

6. Are a substandard bank that I no longer wish to do any business with.

I feel great kicking them to the curb for all eternity, will never again own a card from this bank dont care how good the offer is. Personally I think this bank is in trouble and headed for BK...

Have a great day all....

Re: Comenity AKC Card

Anonymous — Mon, 26 Oct 2020 14:21:41 GMT

@gdale6 wrote:
They refused to increase the limit with BS reason (owe too much for income stated) and that is 7.8K owed against 44K income, I could pay this off tomorrow but I use banks money to make money and thats not going to happen so I proceeded to call them to terminate the card, they wanted to know the reasons and this is what I told them:

Well, good that you terminated a relationship you didn't like, but the reason you give there is hardly BS!

It's probably the case that most people owing 7.8K on 44K income cannot pay it off tomorrow, so there is a risk there, and the fact that you want to use their money to make money doesn't exactly motivate them to say "oh, in that case we will be happy to give you much more!"

As usual with these terminations, you are probably happier, and they don't even notice.... so win/sort-of-neutral!

Re: Comenity AKC Card

Anonymous — Mon, 26 Oct 2020 15:00:33 GMT

@gdale6 wrote:
They refused to increase the limit with BS reason (owe too much for income stated) and that is 7.8K owed against 44K income, I could pay this off tomorrow but I use banks money to make money and thats not going to happen so I proceeded to call them to terminate the card, they wanted to know the reasons and this is what I told them:

1. False advertising that said I could put my own pets pics on the card (it has never worked in the 6 yrs I have had the card)
2. False reason for refusing CLI when they have approved such increases when I have owed much more than that
3. Removal of CLI request from the website
4. Poor website interface in relation to other banks that I have accounts with
5. High interest (18.99 at 0% from the Fed)
6. Are a substandard bank that I no longer wish to do any business with.

I feel great kicking them to the curb for all eternity, will never again own a card from this bank dont care how good the offer is. Personally I think this bank is in trouble and headed for BK...

Have a great day all....

Not Comenity, but I frequently have gotten the "adequate indebtedness" for *secured* CCs even which I assume is due to my SLs (and aside from my scores) because it certainly cannot be my $10 Cap One balance I let report....I believe I will have slim credit opportunities until I am well into retirement because that will be around the time my SLs will be paid off. SL debt is about 1:1 with "earned wages" and 2:1 to "W2 wages" (unusual income reporting - legit/legal).

Re: Comenity AKC Card

kdm31091 — Mon, 26 Oct 2020 22:02:06 GMT

@gdale6 wrote:
They refused to increase the limit with BS reason (owe too much for income stated) and that is 7.8K owed against 44K income, I could pay this off tomorrow but I use banks money to make money and thats not going to happen so I proceeded to call them to terminate the card, they wanted to know the reasons and this is what I told them:

1. False advertising that said I could put my own pets pics on the card (it has never worked in the 6 yrs I have had the card)
2. False reason for refusing CLI when they have approved such increases when I have owed much more than that
3. Removal of CLI request from the website
4. Poor website interface in relation to other banks that I have accounts with
5. High interest (18.99 at 0% from the Fed)
6. Are a substandard bank that I no longer wish to do any business with.

I feel great kicking them to the curb for all eternity, will never again own a card from this bank dont care how good the offer is. Personally I think this bank is in trouble and headed for BK...

Have a great day all....

You may have been approved for a CLI before under similar circumstances but we are in a COVID world now and banks are cautious. Almost 8k in debt on a 44k income is going to raise flags in this enviornment because many in that position are not going to be able to pay it off.

While it's not exactly common for banks to not offer online CLI, it's not unheard of. Of the big banks I know Chase does not offer it online. Many smaller banks/CUs make you call in, too. It's not like you are requesting a CLI on a daily basis to where it's that big of an issue IMO, but to each their own.

18.99% is honestly not that bad for a rewards card that you use for the purpose of the 3x pet rewards, not to borrow money.

I won't argue that Comenity is some wonderful bank but it just seems like you're acting out of emotion. If you benefit from the card I would have just used it and kept it.