MBNA.
I had a 19,000 MasterCard with them. They closed it without notice when I applied for Merrill Lynch (got a $20,000 CL). When I called them to inquire as to why they have closed the account without at least talking to me (maybe I wanted to split the CL between the two - while I as actually hoping to combine the CLs) they did not have a good answer - "do you want the card or not?".

Citibank bumped my due date to 4 days earlier and according to the CSR, shortened my billing cycle. I only noticed when my due date changed from the 17th to the 13th. When I asked why, he told me it was because I "pay my balance in full every month, and they want to shorten the time I can borrow money, interest free."

He changed it back and said it wouldn't change again.

Fusa/BankOne , Rate from 10.99 -> 23.99 for outstanding balances on other cards. They hit the report on a day in which a bal transfer was shown on one card and not yet credited to the other, so it was a really strong debt spike...

I have this thing about balance shuffling -- you know... shuffling around your balances each and every month to different creditors depending on the statement closing date so your credit reports reflect a <10% utilization.

National City closed my $15K Visa yesterday because of a balance transfer mishap with USAA.

I requested USAA about 2 weeks ago to transfer my $4K national city balance. The next day, I left my card at a gas station and reported it as lost. I specifically asked USAA about this and they said "the balance transfer will be cancelled due to the fact that it hasn't been processed yet and once the system asks for authorization on the old card, it will be declined." I even asked whether they can put it on the new card and they said I can only do it ONCE I RECEIVED THE REPLACEMENT CARD.

Fine, I thought.

So I paid $4K to National City out of my checking account.

Over the weekend/Saturday when checking my balances with National City, low and behold I have a -$4K credit balance.

The USAA balance transfer got processed -- so what I did was immediately transferred the $4K back from National City to USAA online.

Then yesterday when I called National City customer service to verify whether it went thru, they transferred me to their security department who told me my account has been permanently closed to due suspicious and high-risk activity.

I explained the balance transfer mishap and the lady said the BT back to USAA won't get processed and the funds will be on hold until they finish their investigation.

I literally choked over the phone -- I asked what was I supposed to do when I now owe it to USAA? The rude rep said I'm pretty much on my own.

I called National City Executive Resolutions Center/higher-ups/ivory tower yesterday and am dealing with a representative there. She will get back to me in the next few days. I also wrote a letter to USAA complaining the misleading information the rep told me.

National City is my FIRST credit card/tradeline. I got this almost 2 and a half years ago.

I started from a $500 unsecured card, then to $1K, $1.5K, $3K, $5K, $8K and just 2 months ago, $15K.

I have an impeccable history with them -- no lates, always made LARGE payments. There's also nothing derogatory on my credit. I noticed they pulled a copy of my transunion credit report yesterday as well.

At this point I'm still terribly shocked and frustrated.

MBNA- reduced Credit limit from $ 6500 to $ 5000 due to "non-use"

Discover Card - Reduced limit from $ 3500 to $ 2000 due to my BT's to other CC's.

I cancelled the Discover card, only to have them calling me every now and then asking me to renew.

civad said:Discover Card - Reduced limit from $ 3500 to $ 2000 due to my BT's to other CC's.

How would they know about your BTs? To them it appears as payment...

I used to have a target store card. The card was closed by the issuer because of no activity. I later called. They said they will close it if there is no activity in three years. Does it negatively affect my credit score?

Chase card increase my APR 10.99% to 23.24% before the end of the 0% APR. And, that's the only card I carry a balance. Gee.... I am not terribly concerned because it doesn't really affect my credit score, though sort of insulting to me.

xoneinax said:bibbub said:Chase card increase my APR 10.99% to 23.24% before the end of the 0% APRDid you ask why ?

Yes I asked. They said they pull out my credit report saw that my balance is high. But that's the only card I carry balance, and I have another card having a couple of thousands but I always paid in full.

That's too bad. Sounds like Bank One's cleaning house as part of the merger process.

We'll see if my number comes up. Currently I'm down to $104-106K reporting as current balances on my CCs. $260K in available credit, or more if they decide to include my $145K HELOC.

Been lucky and dodged the bullets so far. Hoping my luck continues.

BTW - Did you have an outstanding balance, 0% or otherwise, on the card they reviewed and closed?

mbaker4096 said:
BTW - Did you have an outstanding balance, 0% or otherwise, on the card they reviewed and closed?

Nope, the card was only open for like 4 months and I had never even used it. It was actually on my list of cards that I had recently opened, never used, and was going to use in case they were wondering why there was no activity after opening it.

The frustrating part about this situation is that their #1 concern seemed to be the inquiries, but of the 6 inquiries I have on EXP in the last 6 months, they are responsible for THREE of them! One when I initially applied for the account, another for address verification (had to send in utility bill showing my address) as part of application process, and then the third one which flagged my account for review + closure. Seems a bit hypocritical to complain when they are the #1 offender.