@CreditPoor @Patient957 I still strongly disagree with the both of you that it was credit related concerns. Riddle me this - if it was truly credit related, how on earth are they only spooked with a $1K limit card but not the $12k card? Does it even make sense. Besides, I requested an increase on both PPMC and Venmo the same day. So if something on my credit spooked them, they would've canceled both cards. The only difference was, Venmo was my first request since the last increase in November whereas it was the 9th time with PPMC.
It is well established that when SYNCB takes credit based adverse action, it's universal. They literally shut down EVERY account the cardmember has and the letter details the credit issues that caused it. None of that was the case here, it literally said "Activity on account". Besides y'all making it seem like this card always had a 96% utilization. It was only the last statement it went up that high. Generally, banks proceed to close an account only when a high utilization has gone for an extended period of time, not on a whim.
Cos if we were to use this same logic, that means anyone who reports a high utilization on a single card in any given month will have their card shutdown immediately but we all know that's far from the truth. And for clarity, when my PPMC was closed the first time it happened 2 days post approval after I called Credit Solutions to increase the starting limit. I never even got the physical card in the mail to this day.
However, the circumstances are different this time around cos I've had the card for about a year now and have established a positive usage and payment history with them. Did I know the frequent request will result in a closure?! Not really! But the first time, it took a single request and my card was shut down so you just never know how they gon getcha. But anyways, I ain't trippin over losing a $1k card. It was my lowest limit and I tried hard to get it outta that range but guess what! I don't gotta worry bout doing that no more.
