Back to OP's point -- as I previously mentioned (and strangely, got negged for), why don't you try opening up some savings accts/ira's/cd's w/MBNA?

IF his goal really is to reopen the accts, why not accept the somewhat lower than tops interest rates for savings accts, etc at MBNA? Once he establishes a banking relationship w/MBNA he
a)has slightly more leverage/shows his good faith effort in doing biz w/mbna in other areas.
B)MBNA may be less worried about default, etc, since he has a large asset chunk w/them already...

Of course, maybe his CC activities have already blacklisted him w/mbna savings...but this does not generally seem to be the case...

I'm NOT making any pronouncement on whether this is worth it (ie, how likely this is to work, and whether the benefits+sacrifices are really worth it). I'm just offering the OP another POTENTIAL way to try to convince MBNA to reopen his accts.

I use MBNA exclusively for paying my bills (mostly other credit cards) through their BillPay. I do not overpay MBNA, but haven't made any purchases in a long time, so that part of my spending patterns is similar to OP's. Has anyone had any problems with this (without creating a credit balance)? I haven't so far.

I have a CU credit card (will not mention the name; limited membership eligibility) that does not mind overpayment at all: they just transfer the credit balance to my savings account instantly. I suspect there are other Credit Unions with the same setup. This is most convenient for earning multiple $5 Citi Dividend BT credits. I can even request five separate BTs of $1500 to the same creditor in one shot.

It is not worth it, though, if you have to pay BT fee or interest. Of course, you can request BT from Citi and pay them same day (using MBNA or Citi Click-to-Pay), but I haven't tried.

I recently had a similar incident with MBNA. I have a 0% ending at Chase so I was going to BT to MBNA. My MBNA CL is half that of my Chase limit so I spoke with a senior credit analyst so I could BT the entire amount.

Even though I have never overpaid MBNA, nor am I late on any of my cards, she decided to immediately close all my MBNA accounts because the 0% I took advantage of is 150% of my income. I can see them not wanting to allow the BT but to close the accounts of a customer in good standing and with a good credit report, isn't that excessive?

I don't think I abused the system in anyway (other than to use the 0% offers that were sent to me), so I am pretty peeved. I don't usually use my MBNA cards because their offers aren't that great, but I would like to have them to decrease my percent utilization. Other than speaking to a supervisor, is there anything I can do/say?

Are you able to use billpay to pay other company credit cards/loans with the MBNA as the funding sources?

I doubt you can do anything about it if they closed your accounts. Best bet is wait a month or two and reapply

Sounds like BofA is taking over... Chase also closed a bunch of Bank One accounts during their merge.

Also, closed MBNA cards and AU accounts disappeared from my credit report!

You're toast. Move on.

Tytie

micecali said:count me on the list. They just closed all my accounts.
Reason: too many credits line open in 2005

oh....it is too much credit line...

How many credit accounts were closed?

micecali said:They closed the 1 account that I just combined 2 week ago(25k line)
My DH got 4 of his closed

If you don't mind sharing this information micecali, it may be helpful to avoid this same thing happening to others. Was your $207,000 in credit lines all credit card lines or does that number include HELOC's or other lines? Also was that $207,000 just your credit lines alone, or was that combined with your spouse's credit lines? The total debt to income ratio may have some effect on their action. If you had a reported income of $40,000 or so and $207,000 in credit card lines, that might have factored into their decision. Thanks.

slimcustomer said:micecali said:They closed the 1 account that I just combined 2 week ago(25k line)
My DH got 4 of his closed

If you don't mind sharing this information micecali, it may be helpful to avoid this same thing happening to others. Was your $207,000 in credit lines all credit card lines or does that number include HELOC's or other lines? Also was that $207,000 just your credit lines alone, or was that combined with your spouse's credit lines? The total debt to income ratio may have some effect on their action. If you had a reported income of $40,000 or so and $207,000 in credit card lines, that might have factored into their decision. Thanks.

Sure, I don't mind sharing the info. The credit analyst said that my report showing I have the total of 207k credit line from all of my credit cards. I think it should be a combination of both my dh and me. Otherwise, I wouldn't think that I have that much credit line. We don't have HELOC.
He said that it's too much of credit base on my total househouse income (100k+).
What can I say. They wouldn't reinstate the accounts for both of us. Oh wel..

Also, I forgot to mention that they closed my sister's account too.
Reason: she lives in the same address with me (dear lord!).