@Anonymous wrote:Yep, I shut down my Ring and Cashforward last year. Because I was going to continue to cheat on them. If I didn't AA them, they would have AA'd me. But I got them first. And when they asked me why I was closing the accounts, I told them just that.
It doesn't matter whom you are or how invincible you think you are, Barclay will eventually sprew it's Venom on you, especially if you cheat....
Southie, I'm certain you are not surprised. In fact, most likely in the back of your head, you were just waiting for your number to come up.
You are absolutely right. I never thought I was invincible, and was just waiting for the axe to fall one of these days. I actually feel a little bit relieved... now when I apply for a nice credit union card, or a sought after card with a prime lender, I don't have to have it hanging over my head that the Barclays fools might get jealous.
@lg8302ch wrote:Sorry to hear. I would not be surprised if I am next as I frequently use their BT offers on all of my Barclays accounts, I have my accounts set up with autopay but somehow on these accounts every once in a while the autopay falls out and I get hit with a late fee. (less than 30 days) Autopay works great with all other lenders but Barclays is for me a hit and miss. So my payment record is not the best with them.
Just did another BT which I figured they might deny but to my surprise they accepted even though there was a late payment the cycle before on that account. The only reason why I would miss Barclays is for the best BT offers but I could also live without BTs as I only do it if I get the 1% offers.
From what I've read in this forum it's very possible that my accepting some of their 0% offers is what provoked this.
@MAZDA3 wrote:
I’ve had nothing but good luck with Barclays it seems. I ran $20k+ through my Wyndham card I got in 2016 last year. I’ve had three interest rate reductions, the last down to 12.99% and then was able to get a second Wyndham card last year. Previously has the Aviator card as well.
I guess they like me or my spend and pay patterns. I have paid like less than $5 in interest on either card.
I also had nothing but good luck with them.
Until I didn't.
@HeavenOhio wrote:
@MAZDA3 wrote:
I’ve had nothing but good luck with Barclays it seems.I think "luck" is the operative word as there doesn't seem to be a solid recipe for success.
Yes luck is the operative word.
Now I feel lucky to be done with them.
@bourgogne wrote:
@HeavenOhio wrote:
@MAZDA3 wrote:
I’ve had nothing but good luck with Barclays it seems.I think "luck" is the operative word as there doesn't seem to be a solid recipe for success.
@actually there is, stay away from barclays. there are so many stable banks and cu's to deal with I cannot understand why anyone would deal with these jokers. amex, nfcu and cap1 jump to mind, chase and penfed can also be rock solid. one would have to finance arms for amex biz blue + to get shut down, its not that exciting @ 2% to $50K but it gets the job done. amex in general once on board is totally stable, same really for chase and there are us based individuals to reason with with both lenders should anything go sideways.
I agree with you but (a) Capital One took adverse action against me for no reason I can discern, and (b) Chase has been known to sometimes take adverse action after a customer opens a number of new accounts elsewhere over a short period of time.
Update 1/6/18 10:10 PM: Here is a very recent example of Chase adverse action for seeking new credit.
@bourgogne wrote:
@SouthJamaica wrote:
@bourgogne wrote:
@HeavenOhio wrote:
@MAZDA3 wrote:
I’ve had nothing but good luck with Barclays it seems.I think "luck" is the operative word as there doesn't seem to be a solid recipe for success.
@actually there is, stay away from barclays. there are so many stable banks and cu's to deal with I cannot understand why anyone would deal with these jokers. amex, nfcu and cap1 jump to mind, chase and penfed can also be rock solid. one would have to finance arms for amex biz blue + to get shut down, its not that exciting @ 2% to $50K but it gets the job done. amex in general once on board is totally stable, same really for chase and there are us based individuals to reason with with both lenders should anything go sideways.
I agree with you but (a) Capital One took adverse action against me for no reason I can discern, and (b) Chase has been known to sometimes take adverse action after a customer opens a number of new accounts elsewhere over a short period of time.
hi there. I am sorry this happened as we are all in this together. some of this comes down to life views , I believe with rare exceptions that there are no accidents with credit and that it all happens for a reason - sort of my life in general view, I am the cause of everythign good and bad. with every action we do it either increases or decreases risk. many features and tasks; balance transfer, cash advance, balance carry, cli's, seeking credit, exposure by lender and overall, etc. all carry more risk so it comes down to some profiles can stand the risk and some not. you have a lot of exposure, not judging, but you do. I cannot see how having more exposure can translate into getting more cash back, more points or more miles. its not necessary and its just a game. again not judging. I have many friends that put a lot through cards, $100-$250K monthly and they all use charge cards mostly because its flat out easier vs having the exposure and the chance of having bad things happen. One friend owns a very well know beer company and just explained what he does and his card use, actually was very interesting. to me its about getting something back when I spend my hard earned money, for other not so much I suppose.
Ian: Your scientists were so preoccupied with whether or not they could, they didn’t stop to think if they should.
The reasons given to me by Capital One were that
(a) I was not using my business credit card for household purposes and
(b) I was not using my personal credit card for business purposes.
So can you see why I say that Capital One took adverse action against me for no reason I can discern?
Yes of course everything happens for a reason. But it would be nice to know what the reason was.
A well run financial institution would tell you what the reason was, as it is required by federal law to do.
