topic Re: Wow, Barclays. in Credit Cards

Wow, Barclays.

Anonymous — Sun, 28 Oct 2012 02:30:10 GMT

So I started in January of 2012 with an Apple financing card. I spent a boat load on it, mainly car rental charges. My credit limit at the time od the card being issued, was the highest limit I had; $1,700. My 6 month mark hit back in August, and I never received a CLI, which pissed me off mainly because I had put so much through the card. I requested a CLI three days ago, asking for an extra $1,300, making the total limit $3,000. After submitting the request, it came back about 10 seconds later saying it was denied, which pissed me off, so say the least.

I got a call yesterday from an unknown number (Which I don't answer). The voicemail from from a guy in one of their offices, and I just deleted it since there was no point in listening. So just now I logged in to pay off my account and got the infamous:

"This account is closed" bubble at the top of the page."

Sure, I'm frustrated. But they obviously need realize that people apply for new credit, and may have a few inquiries before simply closing their account.

Will be calling them tomorrow.

Re: Wow, Barclays.

beb86 — Sun, 28 Oct 2012 02:32:09 GMT

What was your balance at the time of the CLI request and also have you app'd alot in the 6 months following approval

Re: Wow, Barclays.

Anonymous — Sun, 28 Oct 2012 02:34:47 GMT

I haven't apped a lot. I apped just enough to get the cards I wanted. Which apparently they just could handle. Maybe they felt out of place in my wallet considering they are my highest APR next to my Amazon GE account.

Re: Wow, Barclays.

JonStur — Sun, 28 Oct 2012 03:17:41 GMT

Yep, another Barclays horror story... So for the usual suspects that chime in on a Barclay thread claiming they've done whatever and Barclays didn't do anything to them, consider yourself lucky...

Re: Wow, Barclays.

maiden_girl — Sun, 28 Oct 2012 03:25:05 GMT

What was the reason they cited for closing your account? Did it say? I didn't think they could do that!

Re: Wow, Barclays.

Anonymous — Sun, 28 Oct 2012 03:32:41 GMT

@JonStur wrote:
Yep, another Barclays horror story... So for the usual suspects that chime in on a Barclay thread claiming they've done whatever and Barclays didn't do anything to them, consider yourself lucky...

I do consider myself lucky. I was done using the card because of the interest rate, but it was definitely helping my utilization. Thats why I'm going to call Monday, since they're closed Sunday. And I'll be traveling, so they'll get a very happy attitude from me.

And there was no reason for them closing it. I just logged in and it said it was closed. Oh well. Their lost in interest revenue!

Re: Wow, Barclays.

LS2982 — Sun, 28 Oct 2012 03:34:02 GMT

Sorry to hear

Anything out of the ordinary on CR's?? High util??

Re: Wow, Barclays.

Anonymous — Sun, 28 Oct 2012 04:48:43 GMT

I was actually expecting a wow they granted your cli request.

Re: Wow, Barclays.

lithium78 — Sun, 28 Oct 2012 14:01:05 GMT

Wow. I'm glad I don't do business with Barclays. They seem to be a Nervous Nelly of a credit card company. They need to switch to decaf.

Re: Wow, Barclays.

Anonymous — Sun, 28 Oct 2012 14:10:40 GMT

@Anonymous wrote:
I haven't apped a lot. I apped just enough to get the cards I wanted. Which apparently they just could handle. Maybe they felt out of place in my wallet considering they are my highest APR next to my Amazon GE account.

well how many cards did you want? if it was one or two, then maybe theyre jumping the gun. but if we're talking about 4 or 5 then its not very surprising...anyone whos been on this board for more than a minute should know theyre not fond of people opening up tons of accounts within months after they give you a card.

Re: Wow, Barclays.

tsquad131 — Sun, 28 Oct 2012 15:18:01 GMT

i had my account closed after having a 0 balance for a year and a half on my apple card because when i called in for an app for another one of their products they were reviewing my application and they came back saying they cant approve it and they are closing my current account have a good day. I was pissed but whatever, I just had my salliemae card changed over to their rewards MC so we will see if they close that one now since its a higher CL

Re: Wow, Barclays.

trumpet-205 — Sun, 28 Oct 2012 15:41:53 GMT

OP, you need to know that Barclays is INQ sensitive.

Re: Wow, Barclays.

Anonymous — Sun, 28 Oct 2012 16:24:25 GMT

Barclays is inquiry and new account sensitive. If you combine low scores, risky behavior, and a nervous lender, this is typically what happens.

I recently opened up a 20k line with them, and even with a high score, I won't be taking unnecessary risks.

Re: Wow, Barclays.

Anonymous — Sun, 28 Oct 2012 20:42:04 GMT

@Anonymous wrote:
Barclays is inquiry and new account sensitive. If you combine low scores, risky behavior, and a nervous lender, this is typically what happens.

I recently opened up a 20k line with them, and even with a high score, I won't be taking unnecessary risks.

I'm sorry. I'm going to have to correct you. My scores are all 700+. Currently, my utilization is at about 5%. I was not aware that asking for a credit limit was considered "risky behavior" nor was I aware that dumping sub prime lenders, for prime lenders was also considered as such.

Re: Wow, Barclays.

Anonymous — Sun, 28 Oct 2012 20:57:17 GMT

asking for a cli is not a big issue. But were you opening tons of new accounts since acquiring your barclays card? in that instance asking for a cli from a known twitchy lender like barclays can be dangerous. you said you apped for "what you wanted" well did you just want 1 or 2 more cards, or what?

Re: Wow, Barclays.

guydiver — Sun, 28 Oct 2012 21:03:53 GMT

That is a whole lot of accounts to be playing roulette with Barclays, and for the most part they are lower limits with decent but not excellent Fico scores. You pulled on the tiger's tail and got bit. Like another poster stated, Barclay's is known to be less than forgiving and reading your siggy would make me think twice, or maybe more times before rattling their cage.

Re: Wow, Barclays.

HiLine — Sun, 28 Oct 2012 23:18:45 GMT

It seems to me that there's some other reason your account got closed. Please let us know what you find out by calling them tomorrow. Good luck!

Re: Wow, Barclays.

masscredit — Sun, 28 Oct 2012 23:27:44 GMT

I can see them doing that to a person that doesn't mind a ding on their credit then that person saying "fine. you closed my account... then your not getting paid!"

Re: Wow, Barclays.

youngandcreditwrthy — Mon, 29 Oct 2012 15:58:38 GMT

I'm starting to get irritated with barclay's too. Lol

Re: Wow, Barclays.

Mike360 — Sun, 04 Nov 2012 11:45:03 GMT

I just opened a Baryclay's account. OP did you ever find out why your account was closed? From the looks of your post history it seems you opened alot of new accounts and/or requested a few limit increases. I'm just trying to find out so i don't make the same mistake. I had 0 INQ's on TU at time of approval and play to keep it that way. Only cards opened in the past year for me have been Best Buy and Chase. They will both be at the one year mark by the end of the year tho.