76hhma said:The joint usage sometimes may benefit both of our credit scores. I agree with you maybe it is still better to keep individual cards, but old habit may be hard to break, especially with "tons" of our existing MBNA credit cards.

I agree, sometimes it is easier to reach your promo spending goals with AUs, but I do see the merit of keeping accounts very separate, which means individual (not joint) accounts AND no AUs. If you could list separate addresses that would be even better, but that would throw 'household income' into jeopardy (which BTW may be why micecali's sister's account was closed as well).

I think for "starters" and young couples with limited assets, going AU and or joint is a way of building credit. But as we age and our accounts season as well, it is time to break the old habit of joint everything and keep credit accounts (may be even asset accounts) separate. Aside from having to strategize more carefully to achieve promo spending goals, going individual/no AU may be worth the humbug since cc companies are closing accounts so willy nilly.

tooshy said:
I think for "starters" and young couples with limited assets, going AU and or joint is a way of building credit. But as we age and our accounts season as well, it is time to break the old habit of joint everything and keep credit accounts (may be even asset accounts) separate. Aside from having to strategize more carefully to achieve promo spending goals, going individual/no AU may be worth the humbug since cc companies are closing accounts so willy nilly.

My wife and I are AU's on our OLD cards to help our scores, mostly account age. I dont' see the point of doing AU on new credit lines. Well for conveince and rewards, but it doesn't help for building credit. Just apply for the cards you need individually to build credit, you can always add or remove an AU as needed.

Check out this website...http://www.cardratings.com/newmessageboardfr.html
On the top of the page click on... Announcement: Has MBNA Closed Your Account for No Legitimate Reason?
This site is helping a reporter from a major personal finance magazine who will read all posts to this messageboard on this topic. I thought many of you might want to add your stories to this site.

First click on "Credit Card Forum" then click... Has MBNA Closed Your Account for No Legitimate Reason?

eh82, thanks....one poster at cardratings forum posted:

<<A few days after the account was closed, I received by mail a special offer from MBNA offering me a balance transfer for 2.9% because I was one of its best customers!>>

Exactly why I don't trust their "best" customer criteria. It seems that "best" may be in terms of your payment history etc, but "best" will not save you from being closed either, where the criteria there seems to be "too much/many credit lines" or reported balances with OTHER cards (which makes the point then for paying down balance before cycle ends).

At this point, there is consensus at least in these forums that MBNA is the most vulturous, which may or maynot be coincidental with the fact that they have one great billpay....

of course , a fate worse than death for a credit card is to have a positive balance on it. If you get angry with a credit card, don't close the account (keep it open forever) and leave a positive credit on it, so they have to send you a check (and closing it could prompt them to report you for something to the credit bureaus)....anyways, $8000 credit is a little excessive, I don't think I ever managed that in all my BTs. It's a little like having a negative balance in a savings account (they don't like it very much, and especially not if it is $8000).

How is credit card supposed to make a living on your late fees if you overpay? or make any dough on that 30% interest rate? HELLO!!

MBNA is the type of instution where loyalty does not mean a thing. If it makes you feel better, I closed all 3 of my accounts because they could not compete - mainly with Citi. And when I closed, they still could not offer anything that beat Citi....I think they were just finding reasons to get out of their previous bad credit lending habits - like sending BT checks every week.

fein said:I am truly sorry for what I did [to the CC company], I mean , the abuse.This has my vote for one of the greatest FW quotes of all time.

you were just trying to scam them and they found out, it costs the bank to deal with all your ach transfers coming in and out and if you weren't making them money to go above and beyond they the can/will close your acct. your just lucky you got a call. they can do it and just send you a letter. just dont be all excited that you could screw citi out of 135 bucks and then get mad because mbna screwed you. what goes around comes around man.