@DaveInAZ I would not close it quite yet. Usually they leave $10K cards alone, and while getting CLI without serious usage probably wont be possible, I dont see them doing CLDs, at least not at first.
If they are keeping the original open date, I'd wait to see what happens and what kind of changes Cap One makes.
It really cannot be worse than Synch's version 
In remembering back to around 2009 when Capital 1 took over HSBC and several other lender accounts (I had eight accounts due to mergers and acquisitions). All accounts kept their original credit bureau information except the bank name which was changed to read Capital One. In fact, the accounts still appearing on my credit reports today have kept all original information and opening dates. 
Was on the Walmart card site a few mins ago and saw this
"As of 6/25, Special Financing offers and in-store credit applications will no longer be available."
@DaveInAZ wrote:
@Anonymous wrote:No letter for me yet either. A CLI to thank me for "staying" isn't really needed in my case, I barely use the $10K limit I have.
what I'm most interestd in is something that I read somehwre else, that Cap1 will reage the account to the date they took over instead of keeping the original opening date? If true it will be yet another reason for closing, and probably before the switch ion this case.
Also, I haven't seen any coupons for the 6-12 month 0% interest lately. So I had wondered if this was due to it switching over. I had wanted to make a $1K purchase for the 0%, but looks like that's no longer a thing. Wondering if anyone else noticed the same?
If Cap1 doesn't offer these types of promos going forward, then I simply don't see a need to keep this card anymore.
While I don't really like losing a $10 CL, I have received a couple CLIs recently that will essentiually make up for that loss.
I've had the Walmart store card since 2012 and have never used the 6-12 months 0%. What can you buy at Walmart for $1k??? They sell TVs and that's about it. And I was actually on the market for a TV last year, I wanted a 65" 4k TV and looked at Walmart, but the killer for me is sales tax. I normally don't mind paying taxes to support local schools & law enforcement, but in Arizona the state sales is 5.6% but the counties & cities can add their own sales tax and in the small city where my Walmart the sales tax is a crazy 9.5%. The TV I wanted was $1100 and sorry, I am not paying $100+ in sales tax for a TV, I bought it online with no sales tx & free shipping.
MY CL is also $10k and would hate to lose it, but I'm thinking of closing it before Cap One takes over. I only spend a couple hundred per month and a good chunk of that is cash back, and Cap One is much less accommodating for large CLs without the spend to justify it than Synchrony. I have a $15k CL on Lowes, and in the last year I've bought a garden hose and a house plant.
Just so you know, you are suppose to pay your local sales tax regardless of where you buy your products.
