topic Re: Is my credit card deactivated because... in Credit Cards

Is my credit card deactivated because...

SaintMortichai — Sat, 15 Apr 2023 09:37:00 GMT

Hello all, my PPMC card statement closed today. I have been doing a lot of heavy spending, and also heavy paying on my card. A lot of emergencies have popped up for my DG (auto repair, last minute health appointments, etc.). Anyway, the statement closed before my upcoming payment posted, which added interest, and sent me $50.01 over the pay limit of the credit card. Is my card temporarily deactivated because of this? I have a $2,200 payment on the way. Limit is $9,000, so my card is currently showing I owe $9,050.01. Should I call Synchrony? Should I wait for the payment to post to see if anything changes? I'm concerned for the card because it is a monthly driver for me. Thanks for reading!

Re: Is my credit card deactivated because...

RobynJ — Sun, 16 Apr 2023 10:58:03 GMT

What is the actual balance? What was your CL prior to this happening? I just want to make sure I am understanding the situation. If you are at 100% of your CL then I can make one suggestion and if that isn't true it would be another is what I am trying to say.

Re: Is my credit card deactivated because...

ptatohed — Sun, 16 Apr 2023 07:32:02 GMT

@SaintMortichai wrote:
Hello all, my PPMC card statement closed today. I have been doing a lot of heavy spending, and also heavy paying on my card. A lot of emergencies have popped up for my DG (auto repair, last minute health appointments, etc.). Anyway, the statement closed before my upcoming payment posted, which added interest, and sent me $50.01 over the pay limit of the credit card. Is my card temporarily deactivated because of this? I have a $2,200 payment on the way. Limit is $9,000, so my card is currently showing I owe $9,050.01. Should I call Synchrony? Should I wait for the payment to post to see if anything changes? I'm concerned for the card because it is a monthly driver for me. Thanks for reading!

In my opinion, if your lender let you go over your credit limit, they are not going to cancel your card (they could have denied the charge). But I would recommend (and it sounds like you already did) send in payment ASAP to get the balance below max CL. Good luck.

Re: Is my credit card deactivated because...

OmarGB9 — Sun, 16 Apr 2023 23:30:39 GMT

I would wait till your payment posts/balance is lower and see if your card is usable again.

Re: Is my credit card deactivated because...

Anonymous — Mon, 17 Apr 2023 15:51:00 GMT

@ptatohed wrote:
In my opinion, if your lender let you go over your credit limit, they are not going to cancel your card (they could have denied the charge). But I would recommend (and it sounds like you already did) send in payment ASAP to get the balance below max CL. Good luck.

I would agree but it's a little more subtle, in that it's not clear that they did allow him to go over the CL. As OP says, the statement balance includes interest, and is only $50 over, and on a several thousand dollar balance, and depending on the APR, the interest could easily be over $50. So the last purchase could have been within the CL.

But sending in a largish payment is obviously a good thing!

Re: Is my credit card deactivated because...

SouthJamaica — Mon, 17 Apr 2023 17:08:04 GMT

@SaintMortichai wrote:
Hello all, my PPMC card statement closed today. I have been doing a lot of heavy spending, and also heavy paying on my card. A lot of emergencies have popped up for my DG (auto repair, last minute health appointments, etc.). Anyway, the statement closed before my upcoming payment posted, which added interest, and sent me $50.01 over the pay limit of the credit card. Is my card temporarily deactivated because of this? I have a $2,200 payment on the way. Limit is $9,000, so my card is currently showing I owe $9,050.01. Should I call Synchrony? Should I wait for the payment to post to see if anything changes? I'm concerned for the card because it is a monthly driver for me. Thanks for reading!

1. I don't think the card is deactivated. But you certainly shouldn't use it until you have credit available on it.

2. I would post an additional payment online ASAP to get the balance below $9k.

3. I would advise you not to do this in the future, and not to use so much of your limit.