Your account will no longer be accepted as a form of payment starting 11/1/2019. We will continue to serve you and service your account until your balance is paid in full.
Mine was $30K. Oh well, these things were expected for some CC programs given the state of retailers in this day in age.
This is likely going to impact those folks that relied or used these retail TLs as some sort of padding. Just goes to show you... here today, gone tomorrow! 😜
Interestingly enough, although the account is technically 'closed', the available credit still displays as if it were open ¯\_(ツ)_/¯
This is one reason I'm glad that I never got caught up in Store cards. Not saying Big Banks can't fail, but retailers are likely to go BK before most banks.
For those who have several versus Bank cards, this could be a blow to their TL's and hurt utilization.
The Barneys New York Credit Card is no longer accepted as a form of payment as of 11/1/2019. All accounts, including your own, will be closed on 1/6/2020.
Same, they used to have free valet with your card and a free drink ( wine for me pls) when dining/ lunch and pay with barneys.
I wonder what the breakdown of their regular customer base was as far as seriously rich vs. aspirational...and what share of customers paid with the store card vs. ~$500+ AF card.
Just an overpriced clothing store, seriously $100 and over for a T-Shirt......SMH.
They needed those lines for people to use to keep themselves in business.