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Capital one shot close 2 accounts

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Frequent Contributor

Capital one shot close 2 accounts

Capital one close 2 accounts  of my accounts with no reason I  have perfect credit history 8% utilization 

F489C645-1820-49FE-8D4A-9AB9D6BEB406.jpeg

 

total of 6k

Message 1 of 14
13 REPLIES 13
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Super Contributor

Re: Capital one shot close 2 accounts

They don't do things for no reason. Were those accounts inactive for a long time? Have you tried calling customer service?

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Message 2 of 14
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Frequent Contributor

Re: Capital one shot close 2 accounts

Sorry for your loss. Also, may want to cover the last 4's better. Can still see them.


6 Months Post DC


30 day post DC
60 days post DC
94 days post DC
INQUIRES
Currently rebuilding. Cards aren't worth bragging about yet.

Message 3 of 14
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Frequent Contributor

Re: Capital one shot close 2 accounts

Just saw  the email because it was not in use for more than 2 years is the reason 

Message 4 of 14
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Super Contributor

Re: Capital one shot close 2 accounts


@Jccflat wrote:

Just saw  the email because it was not in use for more than 2 years is the reason 


Yeah you need to make sure you're using any card you want to keep with any lender at least once every 6 months. 

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Message 5 of 14
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Community Leader
Super Contributor

Re: Capital one shot close 2 accounts


@Saeren wrote:

@Jccflat wrote:

Just saw  the email because it was not in use for more than 2 years is the reason 


Yeah you need to make sure you're using any card you want to keep with any lender at least once every 6 months. 




I keep a $3 recurring charge on my 13 year old QS. It's worked for roughly 3 years keeping it active and open. Knock on wood.

 

Message 6 of 14
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Super Contributor

Re: Capital one shot close 2 accounts


@Gmood1 wrote:

@Saeren wrote:

@Jccflat wrote:

Just saw  the email because it was not in use for more than 2 years is the reason 


Yeah you need to make sure you're using any card you want to keep with any lender at least once every 6 months. 




I keep a $3 recurring charge on my 13 year old QS. It's worked for roughly 3 years keeping it active and open. Knock on wood.

 


Yeah I leave my $1.99 Hulu on my V1 because I don't want to risk losing that card. It's 4 years older than my next oldest open card. 

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Message 7 of 14
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Valued Contributor

Re: Capital one shot close 2 accounts

two years is probably one of the longest in the industry.

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $375k unsecured credit in 2020.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!

5% Rotating - Discover                         5%-20% - Amazon & Lowes                   3-6% Groceries - NFCU & Amex Preferred
3-5% Gas - NFCU & Ducks Unl            4% Dining & Entertain - Savor               3% Travel & Hotels - Flagship, Propel, & Uber
2% Everything Else - Flagship             1% Cancer Charity - Fifth Third             0% Finance Promos - PenFed & Capital One






Message 8 of 14
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Valued Member

Re: Capital one shot close 2 accounts

True, I made the mistake in not using my Guitar center card after a year, they canceled. Lost $4k in available credit.

Khols $700.00, Lowes $5000.00, Gap $400.00, Belk $300.00, Ebay Mastercard $500.00, Credit One $950.00, Merrick Bank $1,600.00, Capital One $500.00, Walmart $3,500.00, Amazon $600.00, Paypal $1,500.00. VS $500.00, JCrew, Belk, Gap, New York &Company, JC Penney, Amazon, Credit One $600.00,
Message 9 of 14
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Moderator

Re: Capital one shot close 2 accounts

@Jccflat  Didn't you post recently about payment issue with cap one? 

 

Edited to add

 

Maybe missed payment sounded an alarm or two, especially if those two cards are not used. 

 

Message 10 of 14
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