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Got offered Credit One CLI

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rostrow416
Established Contributor

Re: Got offered Credit One CLI


@MyFault wrote:

@rostrow416 wrote:

 

It was just one of those things I never got around to.  For some reason I hate closing cards unless they bother me.  I didn't really have a bad experience with Credit One.  I haven't even used the card in more than a year and a half.  If not for the annual fee I would just keep them sock drawered forever.  But I already marked 12 months on my calendar, so unless they can cancel the fee again next year, I'll get rid of them then.

Be prepared to cancel it.

I had Credit One at one time also. They cancelled the fee for 6 months when i called to cancel it the first time, and during that time i sock drawered the card also. When the time was up, i called to cancel, and they didn't even try to keep me or offer an extension. When i asked before they cancelled it, they said no. So, i closed it. 


Thanks, I'm totally prepared for it, I won't miss the card at all, but since it's something I won't have to think about until next year, I'm going to just let be.  It works because I'll be gardening until then anyway.

AMEX Gold | Purdue FCU $20,000 | FNBO Evergreen $15,000 | TFCU Plat Visa $15,000 | PenFed Platinum Rewards $15,000 | PenFed Pathfinder $15,000 | Citizen's Bank Cash Back+ $15,000 | Synchrony Premier MC $10,000 | SG Visa $10,000 | NFCU MoreRewards $7,000 | NFCU cashRewards $17,000 | Discover IT $6,000 | Capital One BuyPower $950 | AMEX BCP $5,000 | AMEX Amazon Prime Business $3,000

B&H Payboo Card $15,000 | Amazon Prime Card $10,000 | PC Richard Card $15,000 | Target RedCard $2,000 | Walmart Store Card $1,400 | Shell Gas Card $1,200 | Overstock Store Card $7,000 | Kohl's Store Card $3,000


Spring Cleaning:
C̶a̶p̶i̶t̶a̶l̶ ̶O̶n̶e̶ ̶Q̶u̶i̶c̶k̶S̶i̶l̶v̶e̶r̶ ̶$̶1̶,̶0̶0̶0̶ | C̶r̶e̶d̶i̶t̶ ̶O̶n̶e̶ ̶V̶i̶s̶a̶ ̶$̶1̶,̶2̶0̶0̶ | M̶e̶r̶r̶i̶c̶k̶ ̶B̶a̶n̶k̶ ̶$̶2̶,̶7̶0̶0̶ | M̶a̶r̶v̶e̶l̶ ̶M̶a̶s̶t̶e̶r̶c̶a̶r̶d̶ ̶$̶1̶,̶̶2̶0̶0̶ | C̶o̶m̶e̶n̶i̶t̶y̶ ̶M̶a̶s̶t̶e̶r̶C̶a̶r̶d̶ ̶$̶1̶,̶1̶8̶0̶
Message 11 of 15
UH_HUH
Valued Contributor

Re: Got offered Credit One CLI


@rostrow416 wrote:

We all know Credit One - they're one of those lenders that goes after people with bad credit.  Got the card 4 years ago when I was near rock bottom credit-wise.  A couple CLIs later and I've been at $1100 for a long time.  Finally remembered to call and cancel (should have moved on a long time ago - I never use the card and just pay the AF monthly).  

Got offered a $100 CLI and cancellation of the annual fee for 12 months.  Embarrassed to say I accepted, but I guess I was a little sentimental since it was the first card I got on my rebuild.  At least it won't cost anything sitting in the sock drawer and I get an Ex 2 monthly.


First off CONGRATULATIONS!!!!!

Thank you so much for sharing your story.

 BTW that is about an 8% increase 

on your credit limit  @rostrow416  :-)

Not bad at all in my book.

Enjoy your success,

Cheers

 

Message 12 of 15
BrownSugah66
Regular Contributor

Re: Got offered Credit One CLI

~*~ CONGRATULATIONS ON YOUR APPROVAL! ~*~




Message 13 of 15
cashorcharge
Community Leader
Super Contributor

Re: Got offered Credit One CLI

WooHooWooHoo

Message 14 of 15
Conceptual23
Frequent Contributor

Re: Got offered Credit One CLI

Congrats on the increase! Looking forward to getting rid of mine in Nov before the fee is due.

Starting FICO 8s | 06/2018: EX 601 ✦ EQ 605 ✦ TU 590
Current FICO 8s | 9/2022: EX 732 ✦ EQ 739✦ TU 743
2023 Goal Score: 760+





Business Cards:


Message 15 of 15
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