How often does Barclay SP you?

Anonymous · ‎06-17-2013

Every three month? Six Months?

I opened my Barclay card two months ago and opened another seven accounts after that, and I have a short 1year and 8 month credit history.

I know there's a good chance my Barclay be closed once they notice that. I just want to know when they soft you? . Because I assume their system will see my new accounts when they soft me and flag my account if they decide to.

I can afforad to lose the card. I just want to be prepared when that moment comes.

Thant you.

b_seeker · ‎06-17-2013

They do account reviews every 6 months. They probably SP more than that, but typically, the 6 month mark is when they would do AA.

|| Barclaycard Rewards Visa $5500 || AMEX BCE $2000 || Discover IT $3000 || Amazon Rewards Visa $1800 ||
|| Chase Freedom $2700 || CSP $5000 || Chase Marriott Premier $7500 || Sallie Mae MC $3800 ||

FICO Scores: EX 752 (3/13/13) || EQ 782 (10/4/13) || TU 724 (1/18/13)

In the garden as of 10/12/2013

Anonymous · ‎06-17-2013

@b_seeker wrote:
They do account reviews every 6 months. They probably SP more than that, but typically, the 6 month mark is when they would do AA.

Thanks . I will just pay my debt and make util under 5% at 3 and 6 month mark in all my CCs in case they soft me.

09Lexie · ‎06-17-2013

Pull your actual CR's and you can see who SP's you.

Closing Credit Cards

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Anonymous · ‎06-17-2013

@09Lexie wrote:
Pull your actual CR's and you can see who SP's you.

Which I believe doesn't apply to my case much because I only see the SP after Barclay pulls. So I can't really be prepared for a surprise, I can only see if I survived it.

staifokuzed · ‎06-17-2013

For me the SP TU monthly. They also Sp EX monthly for the first 4 months. I only opened one card and one auto after them. But had a few inquiries. No action until the 6 month mark and it was cli.

AMEX B SKY-1K AMEX PRG- NPSL USAA PLTM -6K
DISCOVER IT- 5.2K BARCLAY REWARD- 3.2K
PAYPAL REWARDS -6K VICTORIA SECRETS -1750
USAA AMEX-5.5K CITI TY PREFR 3.1K(NPSL) CHASE FREEDOM -1K
SPORTSMAN VISA- 8K AMEX ED PRFD- 8.5

09Lexie · ‎06-17-2013

True the SP will show after the fact but some lenders sp routinely and some not at all. It is well known that lenders like Amex, Chase and Barclays SP's their account holders - for me i have found a pattern with those lenders and even my store cc's.

As you stated, if its a surprise you are not prepared.

Closing Credit Cards

The Definitive Amex 3X CLI Guide

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enharu · ‎06-17-2013

Chase, Amex, Barclays typically SP once a month, or sometimes more, for newer members.

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).

myjourney · ‎06-17-2013

@Anonymous wrote:
@09Lexie wrote:
Pull your actual CR's and you can see who SP's you.
Which I believe doesn't apply to my case much because I only see the SP after Barclay pulls. So I can't really be prepared for a surprise, I can only see if I survived it.

Everyone only sees them after the lender pulls (SP's)

There are no real time updates for SP

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

Arago · ‎06-17-2013

Be prepared. Barclays wasn't kind to me even though all I did was pay as agreed. I don't like them anymore, and I think they couldn't care less about their customers. They are insignificant to me now, and I will be closing my card as soon as I pay off my debt.