Paying down Barclays

pghguy · ‎07-04-2017

I have been working on rebuilding my credit for sometime. I am finally at a 686, but not where I want to be. I am working an extra job in order to pay off my credit cards. I have paid off all smaller store cards and have 0 balances on them. I am now working on my other cards. I want to pay down Barclays first because i have the highest APR with them. I made three payments this month ranging from $60-$400.00 I would like to pay an additional $1000.0 on them before the month closes. I have also recently opened an AMEX card. Will making a larger payment then normal to Barclays along with several smaller ones cause an AA on my account. I have a nice CL with them at $4700. I generally only apply for one new card every six months. I have never been late. If I am going to to scare them off by paying them down, I would just as soon pay Capital One. Any suggestions would be greatly appreciated.

AverageJoesCredit · ‎07-04-2017

Pay them down as you see fit, if they AA you for being tesponsible, well AA them right back and move on

We shouldnt have to fear a credit card company because we are making payments, lifes too short

fltireguy · ‎07-04-2017

You should have no issue. BUT, if they AA you for doing that, its time to find another lender that a little more mentally stable

NFCU $60.4k/PenFed $22.5k/Commerce $15K/53 $11K/Synovus $14K/BBT $11K/CapOne $12K/DCU $7.5K/BMO $7.5K/Chase $14.5k/Cabelas $10K/ and many many more!
Total CL $398600, plus car and RV loan.
Ooh. Ooh. Getting closer to that $500K mark!

negg · ‎07-04-2017

Been a faithful member of Barclays since 2012 and never an issue with them. As long you are making decent size payments($100+ month) you won't get any AA. What Barclays doesn't like is 4000 balances and $50 payments every month.

CSR.........11,900.......Delta Amex $11,200.........Marriott Rewards Premier $8000.......Discover IT $9700......Citi Preferred $8600.......Chase Freedom $10,800.....Barclay(apple) $11,600......BofA $1500.......Capital One $7400......FNO $9800......Barclay(Hawaiian airlines)$11,000......Citi Costco $15,000. June 1st 2013 0 credit cards and 575 fico. Today 117K in credit and 812 fico and ZERO INQUIRIES......ZERO. 2018 goal. 825 fico.

Dhani76 · ‎07-04-2017

What is AA?

Starting Score: 621
Current Score: TU 685 EQ 687 EXP 699
Goal Score: 700

Take the myFICO Fitness Challenge

HeavenOhio · ‎07-04-2017

Adverse action, e.g. credit limit decreases or card closures.

Anonymous · ‎07-05-2017

@pghguy wrote:
I have been working on rebuilding my credit for sometime. I am finally at a 686, but not where I want to be. I am working an extra job in order to pay off my credit cards. I have paid off all smaller store cards and have 0 balances on them. I am now working on my other cards. I want to pay down Barclays first because i have the highest APR with them. I made three payments this month ranging from $60-$400.00 I would like to pay an additional $1000.0 on them before the month closes. I have also recently opened an AMEX card. Will making a larger payment then normal to Barclays along with several smaller ones cause an AA on my account. I have a nice CL with them at $4700. I generally only apply for one new card every six months. I have never been late. If I am going to to scare them off by paying them down, I would just as soon pay Capital One. Any suggestions would be greatly appreciated.

Fist I had to look up what AA meant lol (Hi! I'm new around here)

I have a barclays card and pay it in full every month. Oddly enough they kept giving me a credit line increase (though I did rack it up some months).

I don't think they will close the account or anything like that. Now mind you have been using this card for a year or so now but I am gradually switching to another card and won't be using them that much. I will probably put one or two things on auto payment with them just to show that I am using it.

Anonymous · ‎07-05-2017

@negg wrote:
Been a faithful member of Barclays since 2012 and never an issue with them. As long you are making decent size payments($100+ month) you won't get any AA. What Barclays doesn't like is 4000 balances and $50 payments every month.

Really? Why is that? I tend to pay in full with them every month.