topic Re: Experience AA when making a large payment? in Credit Cards

Experience AA when making a large payment?

youngandcreditwrthy — Fri, 18 Jan 2013 14:14:32 GMT

So I owe $6528 on my Travelocity Amex... Only because I paid off $5600 of a bt then I used another bt check lol...

I want to pay the $6528 in FULL, but I'm slightly worried that Barclay's could AA me... My reports/scores haven't changed; they've increase quite a bit actually since I opened this account in March '12.

Or should I just pay the $2050 which changed to my dreadful 24.99% apr Dec 24th. I've not seen a statement with that rate yet and don't want to. The other $4500 is still at 3.99%.

I just don't want to pony up that much cash at once!!! Lol even though I have it. The last $2700 payment I made was reflected on my account in like two days....
I suppose I could pay off that pesky $1500 bal on my Paypal MC instead of paying $6500+ on that Trav Amex. I try to pay my debts according to their interest rate or PIF!:-)

Advice?

Re: Experience AA when making a large payment?

Anonymous — Fri, 18 Jan 2013 14:45:41 GMT

I would pay according to interest rate, unless you have a card that you know is going to be coming up for a CLI soon. Like for example right now I'm using my Delta Amex I got this month as heavily as I can and PIF that way I will be in the best shape for a CLI. After I get that CLI my IT card will be eligable in march and I have been carrying a balance a 0% so after my CLI on the AMEX I will use the Discover heavily and PIF it a couple of times before I request a CLI

Re: Experience AA when making a large payment?

navigatethis12 — Fri, 18 Jan 2013 14:55:28 GMT

I made a 3000? or something payment to them a while back and they held the available credit. I rang customer service and in less than thirty seconds the hold was lifted. I cannot imagine why they would close an account just because you make a payment to it.

Re: Experience AA when making a large payment?

calihlove75 — Fri, 18 Jan 2013 15:03:35 GMT

This Barclays intimidates me more than Amex did. People constantly worry about them closing because of new accounts or inquiries but now worry over making a payment? I think I will stay away from them..lol

I cannot imagine they would close for paying in full. I hope not anyway.

Re: Experience AA when making a large payment?

youngandcreditwrthy — Sat, 19 Jan 2013 02:11:47 GMT

LOL.. Well, I remember reading a post where Citi closed an account after a cardmember paid a $6000 pmt...

Re: Experience AA when making a large payment?

BearsAndTurtlesRtheBest — Sat, 19 Jan 2013 02:13:53 GMT

just stopped by to say that I amaze your credit because of your CLs they are just stupendous!!!! Hope to be in your feet with the cards I want. CYA!!!

Re: Experience AA when making a large payment?

creditnocash — Sat, 19 Jan 2013 02:50:45 GMT

its 42 dollars for the 24.99apr and about 15 for the 2.99

pay off what makes you pay the most, in this case its the 24.99 apr card.