Comenity shutting down Wayfair Credit Card

[ocheosa]

---

@tiffanie97 wrote:

Right. I just saw on Facebook where someon said they are moving to MasterCard. Not sure if that's true yet. I guess we'll all find out soon enough.

---

I had to quickly step away to keep from apping ! Sure hope this is true, would be a nice upgrade for the accountholders!

Overstock used to have a MC version back in the day. They still advertise it on certain pages.

[Anonymous]

Got my letter today too. We'll see if/what they announce anything for a transition on Friday as has been stated above.

[blindambition]

If MasterCard is possible, that's an improvement. MasterCard/Visa have more value to a consumer. Also the reclassification might not be a negative on auto scores.

[Red1Blue]

---

@Anonymous wrote:

Got my letter today too. We'll see if/what they announce anything for a transition on Friday as has been stated above.

---

How did you get your letter. Is it an email or did it come in the USPS Mail ?

[Anonymous]

Interestingly, Comenity is also freely giving out closed-ended lines of credit for Wayfair purchases. Perhaps this is a response to the uncertainty this year, and a way to gain back customers shedded in closing revolvers. 

[Anonymous]

---

@Red1Blue wrote:

---

@Anonymous wrote:

Got my letter today too. We'll see if/what they announce anything for a transition on Friday as has been stated above.

---

How did you get your letter. Is it an email or did it come in the USPS Mail ?

---

It came in my secure message center in my online account.

[M_Smart007]

---

@blindambition wrote:

If MasterCard is possible, that's an improvement. MasterCard/Visa have more value to a consumer. Also the reclassification might not be a negative on auto scores.

---

These three states ban auto insurers from basing rates on credit information >> California, Massachusetts, and Hawaii.

[Red1Blue]

---

@Anonymous wrote:

---

It came in my secure message center in my online account.

---

Okay. Thanks. I guess I'll keep an eye on my secured message center. They just opened the account 30 days ago. It is ridiculus.

[Anonymous]

I didn't see this thread until this afternoon, after I placed a small ($120) order this morning! They gave me the option of paying over 6 months, which I took because I wanted to show usage after not using it for a while.

I haven't received a letter yet. I opened the card via regular application a year ago with a starting CL of $1,000. My account currently has a $9,600 CL and roughly 2% UT with today's purchase.

Thank you to those who have made phone calls!

[Anonymous]

Good riddance. Wayfair will be better off without Comenity. I might even sign up with them again when a new lender picks up their portfolio.

Now if only Ikea and Williams-Sonoma can kick Comenity to the curb...

one can dream.