SM - BT offers galore! - Umm NO!

[NRB525]

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@pizza1 wrote:

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@Anonymous wrote:

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@pizza1 wrote:

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@CreditCuriousity wrote:

So my Barclay's SM card just sent me 4 checks 2 for one promo and 2 for another one...  To use for whatever I want and just got an email from them tonight as well!  I don't think so Barclay's.  I got my own cash.   We might need to talk after the holidays though.. JK

Email I got as well, never received one of these before.. They are trying to get a BT fee off me, not!

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um, no. You know my thoughts on this....I treat Barclays as if it were an Amex NPSL...lol...Always PIF before SM cuts to keep them happy, happy, happy!! LOL

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You all are way too paranoid.

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are we? um..ok..sure....lol..Barclays doesnt take AA right away...they let you go for awhile thinking everythings just fine, then bam.....but, sure, we're all paranoid...

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I would be glad to take a BT offer from Barclays, but I'm not getting one of their cards, so the honor falls to you, Pizza and CC, to poke the bear

[pizza1]

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@NRB525 wrote:

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@pizza1 wrote:

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@Anonymous wrote:

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@pizza1 wrote:

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@CreditCuriousity wrote:

So my Barclay's SM card just sent me 4 checks 2 for one promo and 2 for another one...  To use for whatever I want and just got an email from them tonight as well!  I don't think so Barclay's.  I got my own cash.   We might need to talk after the holidays though.. JK

Email I got as well, never received one of these before.. They are trying to get a BT fee off me, not!

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um, no. You know my thoughts on this....I treat Barclays as if it were an Amex NPSL...lol...Always PIF before SM cuts to keep them happy, happy, happy!! LOL

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You all are way too paranoid.

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are we? um..ok..sure....lol..Barclays doesnt take AA right away...they let you go for awhile thinking everythings just fine, then bam.....but, sure, we're all paranoid...

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I would be glad to take a BT offer from Barclays, but I'm not getting one of their cards, so the honor falls to you, Pizza and CC, to poke the bear

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No thank you.  barclays and I get along just fine with only using 2-4% on the CL, and then PIF before SM cuts.  They seem to like that, LOL.. Ill keep doing just that. hahah

[Anonymous]

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@CreditCuriousity wrote:

So my Barclay's SM card just sent me 4 checks 2 for one promo and 2 for another one...  To use for whatever I want and just got an email from them tonight as well!  I don't think so Barclay's.  I got my own cash.   We might need to talk after the holidays though.. JK

Email I got as well, never received one of these before.. They are trying to get a BT fee off me, not!

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CC, I agree with  you. Too many things happening to people lately and it's not worth the risk. I noticed in my online account that both of my Barclay cards have a 0% balance transfer offer in there. No, thanks.

[jsucool76]

I've gotten 4 letters with bt checks from them within the past week for my aviator, and my arrival.

[JustBPatient]

I get these all the time as well for my Arrival.  For fun I did one just to see what would happen.  My thought is if they were to take any type of AA against me then fine, you can have your card back.  I just refuse to live in fear of a CCC taking action against me.  Too many fish in the sea, so to speak.  Just my 2cents.

[sillykitty1]

I also believe the risk of Barclay AA is overstated in this forum.  All the AA stories I've read have included multiple risk factors, not just a recent BT.  And for every AA story that is on here, how many non-myfico-ers are out there happily using these checks, paying slightly more than the minimum and they and Barclays are both happy?

My Barclay BT experience

August 2015

BT $7K from my Aviator to my checking account out of $15.5K CL

September 2015

Opened a new Citi card (2 INQ)

CLI on my FIA (1 INQ)

CLI on my JCB (1 INQ)

BT $20K from a $20K CL on a CU card

Since then I've been paying $200 on the Barclays and $400 on the CU

Why I think I am safe from an AA at Barclays

- 802 TU FICO (but only 739 EX)

- Deep CR, mortgages, car loans, many cc's w perfect payment histories, 5 yr AAOA, 10% util

- Except for the Citi, no new cc's for a year

- Been w Barclays since 2013 with a good amount of use, and until the BT, always PIF

So, IME, you can be safe taking a Barclay's BT offer, as long as there is not a lot of other risk factors on your CR 

[CreditCuriosity]

@Silly.  I agree overall with you although my TU is not near as strong as yours and have ALOT of new accounts.  As alot of people on MF fit my profile as well... Rebuilding from past mistakes, similar scores to mine in the low 700's a few old baddies and alot of new accounts... Barclay's could be ok with this or they could freak out.  Prefer not to really test them personally.. Although I guess just for fun I could transfer my $250 Cap1 balance all I am carrying on 150k+ in credit to Barclay's to let them earn a bit of money off me and make that the one account that holds a balance for a few months as if they freak over $250 BT they aren't worth having ..  I have put 1500+ on my Barclay's card before on a purchase and PIF when statement cut and all was fine as I refuse to pay interest as this was not on a 0% apr thing.  Might try $250 though as that is all I owe!  I could write myself a check as well, but don't need the money either.  

So yes I agree people worry a bit to much on MF, but most of MF don't have flawless credit reports like yourself thus the hesitation by some.

[Imperfectfuture]

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@CreditCuriousity wrote:

So my Barclay's SM card just sent me 4 checks 2 for one promo and 2 for another one...  To use for whatever I want and just got an email from them tonight as well!  I don't think so Barclay's.  I got my own cash.   We might need to talk after the holidays though.. JK

Email I got as well, never received one of these before.. They are trying to get a BT fee off me, not!

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Where is the 1%?  Took advantage of those!  

[Imperfectfuture]

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@jace8602 wrote:

I'm not sure why many people are having issues with Barclays. Last year I opened the Barclay Rewards and took advantage of the 0% BT. I used 90% of the SL on the BT. I paid the minimum until 2 months ago when the BT promo expired and paid it off before the interest was charged. No issues at all, no account closure, or CLD. Either they are getting stricter or people are doing something that is spooking them.

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Agree.  But I read that long thread on barclays soft pull cli, back when everyone knew not to get other accounts.  I will BT up to 20% of the limit, not as high as you, but I have not had a peep of trouble (knocking on wood).  Maybe it helps that I applied for cards just before they were axed?

[CreditCuriosity]

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@Imperfectfuture wrote:

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@CreditCuriousity wrote:

So my Barclay's SM card just sent me 4 checks 2 for one promo and 2 for another one...  To use for whatever I want and just got an email from them tonight as well!  I don't think so Barclay's.  I got my own cash.   We might need to talk after the holidays though.. JK

Email I got as well, never received one of these before.. They are trying to get a BT fee off me, not!

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Where is the 1%?  Took advantage of those!  

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They exists being 1% for Barclay's?  I am not worthy yet lol.