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Just applied, and just closed.

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magixnite
Contributor

Just applied, and just closed.

I applied for the Citi Best Buy card less than a month ago...and now just closed.

Idk if anyone else ever gets mixed emotions like this about credit cards lol.

 

But anyway, bye bye $2k line 👋

   

Wishlist: Chase Freedom Unlimited, AMEX Everyday Card


Message 1 of 61
60 REPLIES 60
Anonymous
Not applicable

Re: Just applied, and just closed.

With no AF, I'm curious why you'd take the HP and then just close it instead of throwing it in the drawer...?

Message 2 of 61
Mv350
Valued Contributor

Re: Just applied, and just closed.

Is there a particular reason you closed it? I love Best Buy

Message 3 of 61
simplynoir
Community Leader
Mega Contributor

Re: Just applied, and just closed.


@magixnite wrote:

I applied for the Citi Best Buy card less than a month ago...and now just closed.

Idk if anyone else ever gets mixed emotions like this about credit cards lol.

 

But anyway, bye bye $2k line 👋


Count me in on being confused why you closed the card. You already took the HP and the card itself is great with both great earnings and financing options when you shop at Best Buy

Message 4 of 61
Jnbmom
Credit Mentor

Re: Just applied, and just closed.

I am all for closing cards you don't need or want however this card only being a month old? You took the hit, possible double hit with citi . I would have just sock drawered it as well.

EXP 780 EQ 796 TU 810
Message 5 of 61
wasCB14
Super Contributor

Re: Just applied, and just closed.

Citi may have been concerned with your limited history and 5 new accounts in the last ~6 months.

 

I occasionally shop at Best Buy. I tend to use the Costco Visa for electronics, though (extended warranty). Sometimes Amex if they have some nice rewards/financing promo.

 

Your Freedom is just $500 and also a month old. Do you plan to get rid of that, too?

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Message 6 of 61
AverageJoesCredit
Legendary Contributor

Re: Just applied, and just closed.


@magixnite wrote:

I applied for the Citi Best Buy card less than a month ago...and now just closed.

Idk if anyone else ever gets mixed emotions like this about credit cards lol.

 

But anyway, bye bye $2k line 👋


Best way to  endear yourself to a lender😉

Message 7 of 61
elixerin
Established Contributor

Re: Just applied, and just closed.

hard to mix emotion with a plastic square with some numbers on it, it either benefits me or i don't have it😂

 

a "credit limit" also dont really mean much unless you're at early stages and are getting reasonable charges declined due to limiting restrictions

 

i would consider thinking what most benefits you more thouroughly before apping for cards you may not need

Message 8 of 61
Anonymous
Not applicable

Re: Just applied, and just closed.


@wasCB14 wrote:

Citi may have been concerned with your limited history and 5 new accounts in the last ~6 months.

 

I occasionally shop at Best Buy. I tend to use the Costco Visa for electronics, though (extended warranty). Sometimes Amex if they have some nice rewards/financing promo.

 

Your Freedom is just $500 and also a month old. Do you plan to get rid of that, too?


I read it as OP closed the card after a month rather than Citi closing it, based on the "mixed emotions" statement. If OP would clarify that it would help.

Message 9 of 61
seattletravels
Valued Contributor

Re: Just applied, and just closed.


@Anonymous wrote:

@wasCB14 wrote:

Citi may have been concerned with your limited history and 5 new accounts in the last ~6 months.

 

I occasionally shop at Best Buy. I tend to use the Costco Visa for electronics, though (extended warranty). Sometimes Amex if they have some nice rewards/financing promo.

 

Your Freedom is just $500 and also a month old. Do you plan to get rid of that, too?


I read it as OP closed the card after a month rather than Citi closing it, based on the "mixed emotions" statement. If OP would clarify that it would help.


I read it the same way (as you).



Last App: BECU 02-26-2020
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Message 10 of 61
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