topic Re: Is it a good idea? in Credit Cards

Is this a good idea?

DigitalArk — Sat, 24 May 2014 21:36:26 GMT

The 6th statement of my arrival just cut this month. I want to close it and hopefully by doing so it will increase the chances for me to be approved for arrival+.

Re: Is it a good idea?

DigitalArk — Sat, 24 May 2014 21:39:05 GMT

The only reason they denied me was too many new accounts opened last year. After the closure, I will wait 6 mos to apply again.

Re: Is it a good idea?

DigitalArk — Sat, 24 May 2014 21:58:34 GMT

I closed it...

Re: Is it a good idea?

trumpet-205 — Sat, 24 May 2014 22:00:43 GMT

You could just recon and ask to move CL from Arrival to Arrival+.

Re: Is it a good idea?

DigitalArk — Sat, 24 May 2014 22:30:37 GMT

@trumpet-205 wrote:
You could just recon and ask to move CL from Arrival to Arrival+.

I have tried 3 times. No luck...

Re: Is it a good idea?

newUser0 — Sat, 24 May 2014 22:51:32 GMT

For me Barclays are not that good with my recons

Re: Is it a good idea?

fot1 — Sat, 24 May 2014 23:52:38 GMT

@DigitalArk wrote:
@trumpet-205 wrote:
You could just recon and ask to move CL from Arrival to Arrival+.
I have tried 3 times. No luck...

Ddi you already have the Arrival +?

Re: Is it a good idea?

Kenny — Sun, 25 May 2014 02:13:16 GMT

To answer the question, in my opinion it's absolutely not a good idea. (I don't think that you want to hear this, but it certainly doesn't matter because you asked.)

Considering all you want is the WEMC. If that's the only trait you'd like from the card and not actually the 2.2% cash back, then I'd just suggest trying for a different WEMC from another lender than Barclays.

In the end, all you've done really is make certain that you won't have an Arrival card at all now.

(And for the record... I'm not trying to be rude, at all. Sometimes, the objective info comes across as crass or blunt, but I assure you that I'm simply stating the facts.)

Re: Is it a good idea?

maiden_girl — Sun, 25 May 2014 02:12:25 GMT

I wouldnt close your card. Barclay can maybe upgrade you with more usage.

Re: Is it a good idea?

lg8302ch — Sun, 25 May 2014 04:34:34 GMT

I would not have closed it, Agree that I hate Barclays policy handing out this WEMC like crazy to new applicants and the treatement of existing customers with denials for WEMC . But I would never close mine for that reason as other than the nice silver shiny look there is really nothing I would miss with my WMC Arrival+ ....benefits are pretty much the same at least for the ones I use. Just really hate the attitude towards existing customers !

Re: Is it a good idea?

takeshi74 — Sun, 25 May 2014 05:09:10 GMT

@DigitalArk wrote:
The only reason they denied me was too many new accounts opened last year.

Closing it doesn't make opening those accounts go away. Closing was unneccsary but it's too late now. Not sure why you were asking in the first place if you didn't allow for responses.

Re: Is this a good idea?

trumpet-205 — Sun, 25 May 2014 07:14:49 GMT

If you want WEMC because of the benefit you are better off getting them from Citi. I'm currently in the process of converting my TY Preferred into Dividend WEMC.