topic Re: The Official "What will Barclay's do" thread in Credit Cards

The Official "What will Barclay's do" thread

LS2982 — Wed, 20 Jun 2012 01:18:59 GMT

Yes, my 6 month anniversary is coming up in 5 days. Let me give you a little snapshot of my credit profile of the past 6 months before I give the choices:

-I have opened 4 new accounts other than Barclay's (AMEX, Discover, GE Lowes, GE Amazon)

-I currently have a 13% overall util.

-Out of 6 statements, 4 have been PIF.

-I will carry a $180 balance on this statement

-Current CL is $1,000

The question is, What will Barclays do????

A.) A CLI.

B.) AA of some sort.

C.) Nothing.

Everybody cast a vote and we'll tally it up and when the decision comes down i'll post it!!

Re: The Official "What will Barclay's do" thread

OhioCPA — Wed, 20 Jun 2012 01:26:38 GMT

I vote D) Send your June statement.

Re: The Official "What will Barclay's do" thread

pizzadude — Wed, 20 Jun 2012 01:28:22 GMT

We need more information in order to make an educated guess.

What ( if any ) derogatory or negative information is showing on your TU report ?

Re: The Official "What will Barclay's do" thread

LS2982 — Wed, 20 Jun 2012 01:29:32 GMT

@OhioCPA wrote:
I vote D) Send your June statement.

This would fall under the "Nothing" category.

Re: The Official "What will Barclay's do" thread

LS2982 — Wed, 20 Jun 2012 01:31:29 GMT

@pizzadude wrote:

We need more information in order to make an educated guess.

What ( if any ) derogatory or negative information is showing on your TU report ?

I have a paid Tax lien from 2006 showing, and 3 30 day lates from a PIF auto loan, most recent Oct. 2010. (The lates were present when i got the card, but the Tax Lien was not and just recently popped back up)

Re: The Official "What will Barclay's do" thread

Ron1 — Wed, 20 Jun 2012 01:31:42 GMT

@LS2982 wrote:
Yes, my 6 month anniversary is coming up in 5 days. Let me give you a little snapshot of my credit profile of the past 6 months before I give the choices:

-I have opened 4 new accounts other than Barclay's (AMEX, Discover, GE Lowes, GE Amazon)
-I currently have a 13% overall util.
-Out of 6 statements, 4 have been PIF.
-I will carry a $180 balance on this statement
-Current CL is $1,000

The question is, What will Barclays do????

A.) A CLI.

B.) AA of some sort.

C.) Nothing.

Everybody cast a vote and we'll tally it up and when the decision comes down i'll post it!!

It is because they don't like people carrying any balance and opened too many accounts within six months. I have Travelocity Amex for almost nine months and I didn't carry balance. I use it at Costco and other places. I opened a lot of accounts last year and this years. They gave me a CLI last month without asking. I keep my CC utilization at 1%. If they want to close it, I will let them. I wouldn't worry about if I were you. If they want to close your account, there is nothing you can do.

Ron.

Re: The Official "What will Barclay's do" thread

MsLadyRover — Wed, 20 Jun 2012 01:32:38 GMT

@OhioCPA wrote:
I vote D) Send your June statement.

HA HA HA HA HA!!

Re: The Official "What will Barclay's do" thread

MsLadyRover — Wed, 20 Jun 2012 01:33:12 GMT

@LS2982 wrote:
Yes, my 6 month anniversary is coming up in 5 days. Let me give you a little snapshot of my credit profile of the past 6 months before I give the choices:

-I have opened 4 new accounts other than Barclay's (AMEX, Discover, GE Lowes, GE Amazon)
-I currently have a 13% overall util.
-Out of 6 statements, 4 have been PIF.
-I will carry a $180 balance on this statement
-Current CL is $1,000

The question is, What will Barclays do????

A.) A CLI.

B.) AA of some sort.

C.) Nothing.

Everybody cast a vote and we'll tally it up and when the decision comes down i'll post it!!

I'm going to cross my fingers for you and say A.

Re: The Official "What will Barclay's do" thread

pizzadude — Wed, 20 Jun 2012 01:34:56 GMT

I vote for (C) Nothing.

Pretty sure that they already know about your new accounts and the lien, so this will likely skew you away from getting an Auto CLI.

I think with most creditors the "6 month" event is really a non~event. I doubt that they will be doing anything for you.....but don't rock the boat by calling in and asking for a CLI if you don't get one automatically.

Re: The Official "What will Barclay's do" thread

LS2982 — Wed, 20 Jun 2012 01:33:55 GMT

@Ron1 wrote:
@LS2982 wrote:
Yes, my 6 month anniversary is coming up in 5 days. Let me give you a little snapshot of my credit profile of the past 6 months before I give the choices:

-I have opened 4 new accounts other than Barclay's (AMEX, Discover, GE Lowes, GE Amazon)
-I currently have a 13% overall util.
-Out of 6 statements, 4 have been PIF.
-I will carry a $180 balance on this statement
-Current CL is $1,000

The question is, What will Barclays do????

A.) A CLI.

B.) AA of some sort.

C.) Nothing.

Everybody cast a vote and we'll tally it up and when the decision comes down i'll post it!!
B.

It is because they don't like people carrying any balance and opened too many accounts within six months. I have Travelocity Amex for almost nine months and I didn't carry balance. I use it at Costco and other places. I opened a lot of accounts last year and this years. They gave me a CLI last month without asking. I keep my CC utilization at 1%. If they want to close it, I will let them. I wouldn't worry about if I were you. If they want to close your account, there is nothing you can do.

Ron.

Honestly, if they close it, it is what it is. I've done my responsible part with the card. I hate the fact i'm not getting rewards with it. The only thing that bothers me is I would have no Visa in my name.

Re: The Official "What will Barclay's do" thread

TilltedBrim — Wed, 20 Jun 2012 01:35:12 GMT

I vote "A".... I just passed my 6 month anniversary a few days ago and I received a automatic CLI from $2,000 to $2,900 after being declined for a increse that I initiated myself two days before. Anyhow, My anniversary was on the 14th and I received my automatic CLI on the 15th which I didn't realize until I logged onto my account via there website. I called them to verify and it the Represenative told me that the CLI was applied on the 15th based on the standing and payment history.

Re: The Official "What will Barclay's do" thread

LS2982 — Wed, 20 Jun 2012 01:35:17 GMT

@pizzadude wrote:

I vote for (C) Nothing.

Pretty sure that they already know about your new accounts and the lien, so this will likely skew you away from getting an Auto CLI.

I wonder if i'd be poking at the bear if I asked for one if nothing showed by the end of the month....

Re: The Official "What will Barclay's do" thread

pizzadude — Wed, 20 Jun 2012 01:36:22 GMT

@LS2982 wrote:
I wonder if i'd be poking at the bear if I asked for one if nothing showed by the end of the month....

YES. You would be.

Re: The Official "What will Barclay's do" thread

Repo-ed — Wed, 20 Jun 2012 01:57:48 GMT

I'm going with C) Nothing.

I just hope they don't axe me with spending habits like this:

I just really wanted to have a Visa in my name for rental car purposes. I'll certainly not app for anything within the next 6 months.

Re: The Official "What will Barclay's do" thread

injustifiiable — Wed, 20 Jun 2012 03:10:09 GMT

@Repo-ed wrote:
I'm going with C) Nothing.

I just hope they don't axe me with spending habits like this:

I just really wanted to have a Visa in my name for rental car purposes. I'll certainly not app for anything within the next 6 months.

3.45? What did you buy? a Starbucks? lol

Re: The Official "What will Barclay's do" thread

traveler2005 — Wed, 20 Jun 2012 03:23:49 GMT

I just got my 7th statement, CL 1290.00, I have opened 7 cards since getting my barclays, I didn't get a CLI but my account is still open, right now my utilization is about 30% overall. I got Sams card, because I can't use visa at sams club, I got Old navy, JCP's , Lowes, Sony visa, macy's, and care credit for rewards that Barclays doesn't offer me. I know that they might close my account, but I refuse to let Barclays hold me hostage. I use their card, and pay it down each month. I give Barclays plenty of love, all I want is a little back.

Re: The Official "What will Barclay's do" thread

Tonya-E — Wed, 20 Jun 2012 04:09:00 GMT

I am gonna choose C on this one. With the way that they soft credit reports it's likely they have seen the lien and new accounts. It wasnt enough to trigger an AA from their internal system but will likely keep it from triggering a 6 month CLI. I wouldn't rock the boat though and Initiate a CLI request at least until the other new accounts age a bit more.

Re: The Official "What will Barclay's do" thread

Anonymous — Wed, 20 Jun 2012 04:49:46 GMT

Wait untill your 1year anv with the card, then ask for a HIGH CLI, 5k is the buffer zone to high limits. GL!

Re: The Official "What will Barclay's do" thread

Anonymous — Wed, 20 Jun 2012 05:18:33 GMT

@Repo-ed wrote:
I'm going with C) Nothing.

I just hope they don't axe me with spending habits like this:

I just really wanted to have a Visa in my name for rental car purposes. I'll certainly not app for anything within the next 6 months.

I sure wish they would let us PC this card. I too use mine for rental car purposes.

Re: The Official "What will Barclay's do" thread

Anonymous — Wed, 20 Jun 2012 05:23:53 GMT

I go with NOTHING....I got stiffed on my 6 month with PIF every month, 0 utl on any of my other cards. This card is now in the sock drawer and has been. If they stiff me on 1 year. Its getting the axe.