@Hidalgo wrote:Hello,
I am a customer of a local credit union. I asked for a product change from one card to another. a month or so went by and today i noticed they recently closed the original credit card account (2 years old), then added a new account for the other card. I chatted with their customer service and they said there is nothing they can do about it. they said i could close the new one, but it would hurt my score. and they couldnt remove it from the report. I was wondering if I should try to persue this further. I would not mind just getting rid of the new card if it could be taken off the credit report, but I'm not sure if this is even possible. its only a 5k limit and pretty useless. I wish I just closed the account, stupid of me to even open the can of worms in the first place.
another question: I have to pay off a ~$30k card balance soon that I used during a 0% APY period over the last year. the revolving utilization has pulled my score down quite a bit and im at 30% utilization which is almost all from that card. I've been wondering If I have a good chance to get a good balance transfer credit card with this limit. I was thinking navy federal platinum. If not, I can pay it off then apply for another different card after my score recovers and I am in a stronger position to apply. my fico 8 is 730s "good"
I would say my end goal is to get a higher total credit limit, and be able to take advantage of some more 0%APY cards without it lowering my score so much. Thank you for your ideas
That is a bummer. A credit union I use once did that to me, too, but I think it's possible they told me ahead of time that they were doing it.
At this point, you should just:
-leave the new card alone
-pay off the maxed out card
-wait at least a month to let the pay off percolate
-then, armed with higher scores and lower utilization, apply for a new card with a good promo balance transfer offer
