Comenity shutting down Wayfair Credit Card

[Anonymous]

Thank you for taking the time to call them. I guess I will wait to see who the new bank will be 

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@GApeachy wrote:

@coldfusion 

New bank Sept 1st!   That's all they can say. 

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[ocheosa]

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@GApeachy wrote:

@coldfusion 

New bank Sept 1st!   That's all they can say. 

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Well that's certainly great news for all the accountholders ! 

[M_Smart007]

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@GApeachy wrote:

@coldfusion 

New bank Sept 1st!   That's all they can say. 

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I wonder if you get the good old closed old acct. and new acct. ding //

Like the famous Sync to Capital One Walmart card

[Anonymous]

Probably.

[M_Smart007]

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@Anonymous wrote:

Probably.

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"IF" so, my sincere condolences
 

[Brian_Earl_Spilner]

From Comenity's message, it doesn't appear that the portfolio is being sold. They specifically state that you'll be able to continue to log in and make payments after the shutdown date.

I hope I don't have to reapply for a new card.

[blindambition]

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@Brian_Earl_Spilner wrote:

From Comenity's message, it doesn't appear that the portfolio is being sold. They specifically state that you'll be able to continue to log in and make payments after the shutdown date.

I hope I don't have to reapply for a new card.

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that's what I got from message as well. Like you, there will be some who won't want to reapply. Mortgage, HP, or just don't want to bother.

Some may no longer have score or profile to support app. From a corporate standpoint, this wasn't thought out.

[GApeachy]

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@Brian_Earl_Spilner wrote:

I hope I don't have to reapply for a new card.

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The CSR did check with his manager before I relayed this lil tidbit. 

According to a manager at Wayfair we will not need to reapply.  He seems to think we will keep our current cl's too.  He said we should be receiving correspondence sometime between now and Sept 1st. from the new bank.  The info. is limited.

[M_Smart007]

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@blindambition wrote:

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@Brian_Earl_Spilner wrote:

From Comenity's message, it doesn't appear that the portfolio is being sold. They specifically state that you'll be able to continue to log in and make payments after the shutdown date.

I hope I don't have to reapply for a new card.

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that's what I got from message as well. Like you, there will be some who won't want to reapply. Mortgage, HP, or just don't want to bother.

Some may no longer have sore or profile to support app. From a corporate standpoint, this wasn't thought out.

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It will definitely be interesting to watch it unfold. Too many things are being kept "Secret"

[Anonymous]

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@M_Smart007 wrote:

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@blindambition wrote:

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@Brian_Earl_Spilner wrote:

It will definitely be interesting to watch it unfold. Too many things are being kept "Secret"

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Hopefully the Angel card is not next.