topic Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint in Credit Cards

CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

Dalmus — Thu, 31 Mar 2022 05:19:00 GMT

I got this card fully intending to use it a lot to support my outdoorsey addictions. I ended up not really using it much because I didn't like being tied to HAVING to purchase from Cabela's at their prices.

So... After 5 years of non-use, they're finally warning me to use it or lose it! I have no need for it... so I'll likely contact them and cancel it just so I can the "closed by account holder" memo.

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

gdale6 — Thu, 31 Mar 2022 17:55:17 GMT

Wow, 5 years, typically they shut down after 2. I would just cancel it if you dont plan to use it, stays on record up to 10 years post close.

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

NoMoreE46 — Thu, 31 Mar 2022 19:32:24 GMT

Or use it once and and try

to stretch it out another 5 years...

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

ozzman469 — Fri, 01 Apr 2022 11:02:15 GMT

Had no idea they did this. I have one and it's my oldest card but only have a $500 limit on it. I've been contemplating closing it because I never use it (again because of the $500 limit) but afraid to screw up my credit age.

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

AverageJoesCredit — Fri, 01 Apr 2022 11:22:42 GMT

@ozzman469 wrote:
Had no idea they did this. I have one and it's my oldest card but only have a $500 limit on it. I've been contemplating closing it because I never use it (again because of the $500 limit) but afraid to screw up my credit age.

Your credit age does not get screwed up by closing a card. A closed card still factors in up to 10 years or more.

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

CreditInspired — Fri, 01 Apr 2022 11:27:25 GMT

@gdale6 wrote:
Wow, 5 years, typically they shut down after 2. I would just cancel it if you dont plan to use it, stays on record up to 10 years post close.

Wow is right! And they gave OP a heads-up too.

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

Dalmus — Fri, 01 Apr 2022 11:44:42 GMT

I had thought about putting a charge on it just to keep it alive, but it's only a $1,000 card. No auto-luv ever, and always denied when I requested a CLI.

I have more than enough cards open. It might ding my Credit Karma score a smidge because it would lower my AAOA, but it'll not effect my actual FICO at all.

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

Adkins — Sat, 02 Apr 2022 05:37:36 GMT

Out of curiosity, do you live in California, @Dalmus?

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

Dalmus — Sat, 02 Apr 2022 06:07:01 GMT

@Adkins wrote:
Out of curiosity, do you live in California, @Dalmus?

No sir. Wisconsin born and bred.

I do have family out there, though.

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

Adkins — Sat, 02 Apr 2022 06:18:01 GMT

@Dalmus wrote:
@Adkins wrote:
Out of curiosity, do you live in California, @Dalmus?
No sir. Wisconsin born and bred.
I do have family out there, though.

Ok, thank you! (I asked because CA is one of the few states that requires a CC company to let a customer know a card may be closed for non use.)

Re: CapitalOne Cabela's Club MC - Closed For Non Use Datapoint

Anonymous — Sat, 02 Apr 2022 07:02:50 GMT

@Dalmus wrote:
@Adkins wrote:
Out of curiosity, do you live in California, @Dalmus?
No sir. Wisconsin born and bred.
I do have family out there, though.

Hey @Dalmus ... your neighbor in the frozen Coniferous Forests of northern Minnesota