Barclays SUCKS

[Anonymous]

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@Anonymous wrote:

I am so p-ed off I have to laugh.   I just logged into my Barclays Visa account and it said it was closed.   Funny to me because I asked them for a CLI on Saturday night and spoke to a credit analyst without issue although I did not receive the CLI.   It must of raised a flag because I have so many new accounts the past several months.  I have had this account only 4 months as well and paid 5x the minumum payment they said was due in each statement.  I was only doing this because it was a 0% fnancing offer.

There are no derogs or late payments on my credit reports anywhere.    When I just phoned,   I asked the analyst if Barclays is that arrogant to think they are the ONLY bank in the world.   I then got the run around and she said something spooked them on my credit report like the new accounts or inquiries.   I told her it takes inquiries to get credit...LOL.    I was even approved for the Firestone Credit card today (Thanks to a post from Ron1).   My scores from Myfico are 690 for EQ,   702 for TU and 740 for EX.  

Anyway,  hell with them.   I don't need them for anything.    I understand credit is a privelage but so is a end user like myself using their credit card so they can make money as well.    I swear I will NEVER open another card from Barclays. 

Thanks for listening (reading).

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i have been Declined multiple times by Barclays .............they are NOT worth my time anymore, good thing i have my BOA, Chase and AMEX Cards

[Anonymous]

Im worried too I just got two new cards

[Anonymous]

Thanks everyone for the words of encouragement, support and advice.

I know there is nothing derogatory on my credit report.   I just looked again today.    Yes I have a ton a new accounts and new inquiries.    I even was approved for a new card yesterday when they closed my account.   I did let some balances report, and had an American express green card that had a large sized bill report at the end of October.   The reason for the AMEX bill was because I went out of town for work to outside of NYC in Carlstadt, NJ.    The bill posted before I was reimbursed from work.   I paid the bill off 2 days after the statement cut though.  

I sent Barclays a message last night and asked whom to speak to about this and the reply I received was:

"Thank you for contacting us regarding your Barclaycard Financing Visa Card.  We can certainly address your inquiry regarding the status of your account.

We apologize for the inconvenience, however we are unable to reopen your account. Our records indicate that your account has been closed by our bank. Barclaycard continually reviews account on an ongoing basis to ensure it is responsibly extending credit. At times, these reviews result in a decision to close specific accounts.

Please destroy any account related materials, such as credit cards, convenience checks or PIN numbers. Also, if you have any pre-scheduled authorizations please contact the merchant, as these transactions may continue to post to your account. You will continue to have online access to our website including viewing your statements for up to six months from the date your account is closed.

We are appreciative of your past business with us. If you have any other questions and concerns, please reply to this message.

Sincerely,

Customer Service "

I am over Barclays.   It's not worth my time to stress about it.   I paid them $1600 late last night and am just waiting to ensure the payment posts and I owe them nothing more.    The reason for the large bill was Xmas shopping at 0% financing.    Also maybe its a godsend it happended now because I just obtained 2 diners club cards that have not reported yet on top of the 12 new accounts since August they did see on my credit report.   

I am off to garden for the next 12 months hopefully.   The only other cards I want after that is the Sams Club Mastercard,  Chase Amazon card and possible a card from Nasa for the low APR.  I am due to try for the AMEX 3x CLI next week but won't be shocked if I am denied due to all of the new inquiries and new accounts.    After 13 months I hope to PC the Delta AMEX to the everyday preferred or blue cash preferred.    I will close the Green AMEX before the annual fee is due.

Thanks again to everyone for the advice, support and encouragement.    I had read about Barclays doing this but thought it always happened to other people and would not happen to me.    I think I caused this myself inadvertently in asking for a CLI after 3 statements.

[mtrsprt]

Everything here against Barclays from what I gather, has been self inflicted.

[baller4life]

Barclays acts like a jealous gf. Don't want you to have other friends. LMAO. To hell with them. Plenty other fish in the sea. I am a firm believer in diversification. I will never give one bank that much power over my credit.

[mtrsprt]

I acquired 3 more revolving accounts and two installment loans within 6 months after opening a Barclays rewards Mastercard. Everything was just fine. There's more to the story we are not being told here.

[baller4life]

Well 3+2 is ALOT different than 12.

[Anonymous]

Regardless of what you think, there is no story beyond what was told already.   Yes I opened 12 new accounts since this Barclays opened (plus 2 more not reporting yet which is Diners club).   I also have inquiries for a few other applications that were declined due to too many inquiries.    I did have balances reporting on a couple of other cards,  but my total utilatizion was around 12 - 13 %.    Barclays had a balance of 1599 and change due to 0% financing offer I was taking advantage of.   Also, on Saturday night I approached them for a CLI which was declined and the person who phoned me explained because of all of the new accounts which I do understand and I thanked him for phoning and explaining it all to me politely.   Also, while I had paid off a couple of balances after the last statements last month on other cards,   they have not reported in to the credit agencies with a 0 balance.    I believe this was all triggered because of my CLI try.   It's ironic after the CLI try on Saturday night that this happened yesterday.  

Anyway, people can choose to believe what they wish.   Each situation is different.    While I have NO late payments,  NO collections, repo's or BK,  maybe all of the new accounts this year triggered them to do this.   Also,  while my income of 64K is not triple digits, its by no means weak where I live in NW Pennsylvania.   If there was anything wrong on my credit reports,  I would of not been approved for a Firestone card yesterday (which they pulled TU like Barclays as well as refinancing my vehicle through USAA last week from somewhere else to save on interest,

[CreditCardDiva]

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@Anonymous wrote:

Regardless of what you think, there is no story beyond what was told already.   Yes I opened 12 new accounts since this Barclays opened (plus 2 more not reporting yet which is Diners club).   I also have inquiries for a few other applications that were declined due to too many inquiries.    I did have balances reporting on a couple of other cards,  but my total utilatizion was around 12 - 13 %.    Barclays had a balance of 1599 and change due to 0% financing offer I was taking advantage of.   Also, on Saturday night I approached them for a CLI which was declined and the person who phoned me explained because of all of the new accounts which I do understand and I thanked him for phoning and explaining it all to me politely.   Also, while I had paid off a couple of balances after the last statements last month on other cards,   they have not reported in to the credit agencies with a 0 balance.    I believe this was all triggered because of my CLI try.   It's ironic after the CLI try on Saturday night that this happened yesterday.  

Anyway, people can choose to believe what they wish.   Each situation is different.    While I have NO late payments,  NO collections, repo's or BK,  maybe all of the new accounts this year triggered them to do this.   Also,  while my income of 64K is not triple digits, its by no means weak where I live in NW Pennsylvania.   If there was anything wrong on my credit reports,  I would of not been approved for a Firestone card yesterday (which they pulled TU like Barclays as well as refinancing my vehicle through USAA last week from somewhere else to save on interest,

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This...and Barclays will shut you off for JUST what you told us. So, it's not like there needs to be "more".

[joedtx]

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@baller4life wrote:
Barclays acts like a jealous gf. Don't want you to have other friends. LMAO. To hell with them. Plenty other fish in the sea. I am a firm believer in diversification. I will never give one bank that much power over my credit.

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Well stated Baller  you couldn't have said it better! With responses like that be careful you'll get ton's of 'marriage proposals' on this sight. What are you going to say next you're a season ticket holder for the NBA and along with having NBA Finals and Super Bowl Tickets!!!!!