Swimmod_Luna Posted February 13, 2019 Posted February 13, 2019 Haven't used it in like, 2 and a half years so I'm not super surprised but it's kind of annoying that they didn't notify me they were about to close it first. I was worried they'd close it due to lack of use but I just put in a request for a credit line increase, which was approved so I figured I was good for awhile. If I call and ask to have it reopened will it show up as a new account? It was one of my older accounts so would probably be worth reopening if not.
Naraku4656 Posted February 13, 2019 Posted February 13, 2019 I think you'd have to create a new account. I don't think they can reopen one that's totally been closed
PhilosipherStoned Posted February 13, 2019 Posted February 13, 2019 Yeah it's common practice.. All my credit lines are about to be closed probably.. Maybe that's a good thing..
fuggstop Posted February 13, 2019 Posted February 13, 2019 Same happened a couple of times with my burkes card. I should have just let them close it..instead i started using it again
DragonSinger Posted February 13, 2019 Posted February 13, 2019 5 minutes ago, Athena 92 said: Haven't used it in like, 2 and a half years so I'm not super surprised but it's kind of annoying that they didn't notify me they were about to close it first. I was worried they'd close it due to lack of use but I just put in a request for a credit line increase, which was approved so I figured I was good for awhile. If I call and ask to have it reopened will it show up as a new account? It was one of my older accounts so would probably be worth reopening if not. Yeah, some will close your account after less than a year of inactivity, so I think the advice is make a purchase at least every 2 or 3 months if you want to keep that card.
Swimmod_Luna Posted February 13, 2019 Author Posted February 13, 2019 16 minutes ago, Naraku4656 said: I think you'd have to create a new account. I don't think they can reopen one that's totally been closed If that's the case it's not worth it. I hardly use it so it's not worth the ding on my credit for opening a new account.
Swimmod_Luna Posted February 14, 2019 Author Posted February 14, 2019 2 hours ago, SorceressPol said: Yeah, some will close your account after less than a year of inactivity, so I think the advice is make a purchase at least every 2 or 3 months if you want to keep that card. I just wish they'd send an alert first
Swimmod_Luna Posted February 14, 2019 Author Posted February 14, 2019 (edited) So I guess the account wasn't as old as I thought and my average credit age actually went up. The credit line was $1500 which is by far the lowest among my other cards so it won't make too much of a difference. Think I'll keep it closed. Edited February 14, 2019 by Athena 92
StarPanda Posted February 14, 2019 Posted February 14, 2019 I had one I used it once, I think its probably not active anymore
Naraku4656 Posted February 14, 2019 Posted February 14, 2019 my mastercard is probably the least used out of the ones i have. there's no real benefits to it but it's my second oldest card so i have to use it.
Codename: Jackass Posted February 14, 2019 Posted February 14, 2019 I used to work for Target in their in-house credit card division. No notice is common and you'll probably have to open a new one.
Swimmod_Luna Posted February 14, 2019 Author Posted February 14, 2019 46 minutes ago, Naraku4656 said: my mastercard is probably the least used out of the ones i have. there's no real benefits to it but it's my second oldest card so i have to use it. That's how my capital one card is now. I have no real use for it anymore since it only gives 1.5% back and 99% of my purchases fit into one of the 5% bonus categories of my other cards. It also has a really high limit so I need to keep it open.
Swimmod_Luna Posted February 14, 2019 Author Posted February 14, 2019 17 minutes ago, empty said: I used to work for Target in their in-house credit card division. No notice is common and you'll probably have to open a new one. That sucks. They should at least send an email or something. I can still log into my account and everything but my credit report is saying it's closed so idk. No real point in reopening it. My average age of credit actually went up slightly and my overall score only went down a few points.
NaBarney Posted February 14, 2019 Posted February 14, 2019 23 minutes ago, Athena 92 said: No real point in reopening it. My average age of credit actually went up slightly and my overall score only went down a few points. Why do you care
Swimmod_Luna Posted February 14, 2019 Author Posted February 14, 2019 1 minute ago, NaBron_James said: Why do you care About my credit score? Why would I not?
NaBarney Posted February 14, 2019 Posted February 14, 2019 4 minutes ago, Athena 92 said: About my credit score? Why would I not? Jesus
Swimmod_Luna Posted February 14, 2019 Author Posted February 14, 2019 4 minutes ago, NaBron_James said: Jesus Wut
Naraku4656 Posted February 14, 2019 Posted February 14, 2019 50 minutes ago, Athena 92 said: That's how my capital one card is now. I have no real use for it anymore since it only gives 1.5% back and 99% of my purchases fit into one of the 5% bonus categories of my other cards. It also has a really high limit so I need to keep it open. ignore nabs. you're in the right here. in the whole time i've had my mastercard i've maybe made like $15 in cash back because it's so bad. the amex made triple that in two months 1
Codename: Jackass Posted February 14, 2019 Posted February 14, 2019 2 hours ago, Athena 92 said: That sucks. They should at least send an email or something. I can still log into my account and everything but my credit report is saying it's closed so idk. No real point in reopening it. My average age of credit actually went up slightly and my overall score only went down a few points. It's pretty underhanded but that's the credit industry. I fielded a lot of angry calls with people bitching me out for something that wasn't my decision. You could try asking, maybe Kohl's works differently but if it's backed by a major creditor like Visa or MasterCard then you're probably SOL.
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