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Overstock Store Credit Card no longer accepting applications

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jbelinc
Established Member

Overstock Store Credit Card no longer accepting applications

This is my first post on here. While on the Overstock website I came across a message that they were not accepting applications for the store card. I am not sure if Citi is going to pick up the store card. I did a search on here but did not find any info. This direct from the website:

 

As of April 1, 2023, we are no longer accepting applications for the Overstock Store Credit Card from Comenity Capital Bank as we introduce a new card program. If you are a current cardholder, you can continue to use your Overstock Store Credit Card through July 17 and will receive additional information about the change in the coming months.

Message 1 of 14
13 REPLIES 13
fury1995
Valued Contributor

Re: Overstock Store Credit Card no longer accepting applications


@jbelinc wrote:

This is my first post on here. While on the Overstock website I came across a message that they were not accepting applications for the store card. I am not sure if Citi is going to pick up the store card. I did a search on here but did not find any info. This direct from the website:

 

As of April 1, 2023, we are no longer accepting applications for the Overstock Store Credit Card from Comenity Capital Bank as we introduce a new card program. If you are a current cardholder, you can continue to use your Overstock Store Credit Card through July 17 and will receive additional information about the change in the coming months.


Good question. I haven't received any information regarding account. I currently have a $22,000 (shopping cart ala 2014) retail card with them that has only existed as padding for many years and just took a peak to see if I prequalified (in case they convert my card). This one was on my chopping block but I may wait until July to see what becomes of it. I should probablyt throw some spend on it just to make sure it stays active until then.

Overstock Mastercard.png

Overstock Store card.png

 

 

August 28, 2023 FICO 8

August 28, 2023 FICO BankCard 8

August 28, 2023 FICO Auto 8

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Message 2 of 14
Adkins
Legendary Contributor

Re: Overstock Store Credit Card no longer accepting applications


@jbelinc wrote:

This is my first post on here. While on the Overstock website I came across a message that they were not accepting applications for the store card. I am not sure if Citi is going to pick up the store card. I did a search on here but did not find any info. This direct from the website:

 

As of April 1, 2023, we are no longer accepting applications for the Overstock Store Credit Card from Comenity Capital Bank as we introduce a new card program. If you are a current cardholder, you can continue to use your Overstock Store Credit Card through July 17 and will receive additional information about the change in the coming months.


Interesting, thanks! I've also tried the pre-qualification for the MC and got pre-qualified but I'm not looking to add another card just yet. Overstock no longer carries what I'm looking for, and it's only a matter of time before they close this card since it's not getting used. A conversion would be great but I'm not holding my breath. 


Last HP 08-07-2023



Message 3 of 14
SweetCreditObsession
Valued Contributor

Re: Overstock Store Credit Card no longer accepting applications


@jbelinc wrote:

This is my first post on here. While on the Overstock website I came across a message that they were not accepting applications for the store card. I am not sure if Citi is going to pick up the store card. I did a search on here but did not find any info. This direct from the website:

 

As of April 1, 2023, we are no longer accepting applications for the Overstock Store Credit Card from Comenity Capital Bank as we introduce a new card program. If you are a current cardholder, you can continue to use your Overstock Store Credit Card through July 17 and will receive additional information about the change in the coming months.


Thank you for sharing this @jbelinc. I had NO idea!

 

I look forward to learning what their plan is going to be for existing customers...

 

 



(+102) | (+106) | (+151)
| TU Fico 9: ? | Exp Fico 9: ? | EQ Fico 9: ?| EQ Fico 8 Bankcard: TBA

Initial Goal: Min. 740 w/all CRAs - Met
Interim Goal: 780 w/all CRAs - Met
Current Goal(s): Min. 800 w/all CRAs
Gardening Until: ??/??/202?| Last App: 10/20/2023





Message 4 of 14
Adkins
Legendary Contributor

Re: Overstock Store Credit Card no longer accepting applications

I've got a letter coming in the mail from Comenity today. I can just make out the date July 17th in the envelope window via informed delivery, so this could be my closure notice. 😕


Last HP 08-07-2023



Message 5 of 14
MartyWrite75
Valued Contributor

Re: Overstock Store Credit Card no longer accepting applications

@Adkins I received the same letter. Basically, they were letting me know that they are planning to end the Overstore Store Credit Card program, and all accounts will be closed on or after July 18th.

June 2025: Experian 772; Equifax 788; Transunion 781


Cards I Have:
Cap One QS: $600 (Sock drawer) || Cap One QS (#2): $7,500 (Sock drawer) || Discover It: $17,400 || Cap One Savor One: $600 (Sock drawer) || AMEX BCP: $10,000 || Amazon Prime Store Card: $10,000 || FNBO Rewards Visa: $2,600 || Discover Cash Back: $9,500 || Citi Custom Cash: $15,500 || Verizon VS Visa: $20,000 || Amex Hilton Honors: $12,000 || Amazon (Chase) Prime Rewards (VS): $9,500 || Citi Double Cash: $6,900

Wishlist Cards:
Paypal Mastercard || Bread Mastercard

Gardening to 6/2026(ideally)
Total Utilization: 11%
Inquiries: Exp: (2) Trans: (1) Equif: (1)

Message 6 of 14
lgtwriter
Frequent Contributor

Re: Overstock Store Credit Card no longer accepting applications

I got a letter from Comenity yesterday that they are discontinuing the card as of July 17. I called and closed it yesterday so that it will report as closed by me, but I could have left it, it just annoyed me because I got a letter from them last week saying I needed to buy something or they would close my card for non-use lol. Smiley Very Happy  You have to love Comenity....  I just kept mine for age, so no loss.

Message 7 of 14
Rogue46
Established Contributor

Re: Overstock Store Credit Card no longer accepting applications

I never received a letter stating use it or lose it. They just one day closed it no explanation, I mean I didn't use it for over a year so it wasn't a shocker..  





Message 8 of 14
cry11riv
New Member

Re: Overstock Store Credit Card no longer accepting applications

Just got a letter in the mail today stating they will be closing all overstock store card accounts effective July 17th,2023. If there is a balance remaining, terms will remain until paid off. You can make purchases until the close date. 

Message 9 of 14
Adkins
Legendary Contributor

Re: Overstock Store Credit Card no longer accepting applications


@MartyWrite75 wrote:

@Adkins I received the same letter. Basically, they were letting me know that they are planning to end the Overstore Store Credit Card program, and all accounts will be closed on or after July 18th.


Yup. I was so hoping some of them might get converted. 😒 Oh, well! 


Last HP 08-07-2023



Message 10 of 14
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