jairocon, I agree that incident seems more troubling than others posted here.


JuNooNi said:Yes DH He specifically told me that I have been using MBNA card to pay my Discover, AMEX and AT&T card.Thanks.

I've quickly re-read the entire thread, and it appears that everyone who's been shut down with billpay has been using it to pay off other credit cards...AND has had analysts tell them as much. So, that might well be something that trips their automated alarm buttons there, inviting additional scrutiny.

Has anyone been shut down for using billpay who primarily used it for something other than paying other credit cards? My BoA accounts have been closed as well, apparently for applying more than 5 cards in the month of May 2006 (during my AOR and no chance of reopening).Hmm...very interesting.

It's a striking coincidence that this seems to have happened at roughly the exact same time as your MBNA lines were shut down. And five card apps five months ago, with no other warning signs, sounds more like an excuse they gave you than an actual reason.

I bet the former triggered the latter. Perhaps My wife have one BOA account and still open. let's wait couple of days and see if they can close it as well but she hadn't apply for the cards since that MBNA Jet card and before that only 1 citi card in the Jan 06.Please do keep us updated on this. My concern/question is what's the effect on my credit score, I am expecting a big ding but how much? any idea.Very hard to say. It depends mainly on how this changes your overall utilization. Sorry I can't offer more on this. Also does it effect my other accounts as well with other banks like citi(whom which I have 5 credit cards, average $10000, using Dividend for purchahes of $1200/month) and chase etc.Probably not, unless you fail to keep a low profile.

If other human analysts look over your credit report and see lots of "closed by grantor" notations, they might get a little jumpy. I would just monitor your credit extra closely for the next few months, and not do anything that would attract undue attention from other banks.

My BoA accounts have been closed as well, apparently for applying more than 5 cards in the month of May 2006 (during my AOR and no chance of reopening).

If this is the true reason then that could be the start of the demise of AoR. Do you mean 5 BoA cards or just 5 credit cards? If you get all of your cards closed just for applying for 5 cards from 5 different issuers in the same month then AoR is done. Somehow I think something else is going on. I have a hard time believing if you stay under 50% on all cards, never have a late payment, and otherwise follow "the rules" that all your cards will get shut down.

I'd like to hear more.

I might end up with an interesting data point if MBNA jacks me. I have three "proper" MBNA cards:

- one is sockdrawered
- one is used exclusively for billpay (yes, of other credit cards)
- one is used for both real transactions, billpay of a gas bill, and a billpay of two more credit cards.

Hopefully they are evaluating usage over all MBNA cards together, instead of just single cards at a time.

markkundinger said:I might end up with an interesting data point if MBNA jacks me. I have three "proper" MBNA cards:

- one is sockdrawered
- one is used exclusively for billpay (yes, of other credit cards)
- one is used for both real transactions, billpay of a gas bill, and a billpay of two more credit cards.

Hopefully they are evaluating usage over all MBNA cards together, instead of just single cards at a time.

I have similar,

- Two for billpay only, cards, mortgage, and other bills. One has a recurring non billay deduction
- one is a card for real transactions, never billpay.

I will try to answer it one by one:
hmmmm, people who say <90% but don't actually give a real % are usually trying to sound responsible while having three 89.99% cards at the same time.

Yeah I do have less than 90% utilization on 3 cards.

.

BOA Power rewards( started with taking out $9100 out of $9200, but paid down to $8000 before first statement Now at 7700$, paying $100 for the last 3 months)

This is my overall utilizations as well, Though I used to have $100000 available credit, now reduced to around $67000, thanks to MBNA and BOA closures.
I guess if you think it's still risky behaviour then I don't have any complaints


Also why is apparent that it was because "more than 5 cards"? Why didn't you just say you applied for 9 cards if you didn't want us to think it was 5 or 6 cards you got? Why is it more than 5? Why is it not more than 6, 7, 8?, that did it? Why isn't it your utilization that did it?

Also if you read my thread, I quoted what MBNA CSR or credit analyst told me at that time. He mentioned to me that " it seems like you have more than 5 credit card opened in May 2006"

Well I guess I tried to explain in bit detail this time. I still think paying down credit cards only using MBNA cards is a sole factor. I am basing my judgement on the fact that my spouse still has her BOA card opened as of yet and she had pretty high over all credit utilization across multiple cards. Again this is my assumptions which might be wrong and this thread is all about providing information if MBNA cancelled your accounts due to Bill Pay. I am trying to share my story and I don't want to be sound like Victim here. I am learning my lessons and try to share with you guys. You can infer whatever you want from this.

Now I am in bit dilemma here. I have almost $30000 from citi Bank in 0% offer sitting at their website. I am thinking of taking advantage of it. This is what my heart says but on the other hand, I don't need this amount of money except for couple of hundred $$ for the next 12 months, risking adverse action from citi. but what if citi decides to call off those 0% offers or even to try to get rid of me because of this account closures from MBNA/BOA. Well I think I will wait it out for 3-4 months.

SUCKISSTAPLES said:Anyways, this is all going to be moot in about 10 days.

At least thats my hunch, dont ask me about it till then Are you talking about this announcement from BOA:

Bank of America said:Beginning October 23, 2006, the accounts that you manage on Net Access, the MBNA online banking service, will be moving to Online Banking from Bank of America.I feared this announcement might be the demise of MBNA Billpay and MBNA Shopsafe, but the above announcement leaves room for the possibility that the MBNA services will continue to be available at mbna.com until they can incorporate them into BOA's site. I watched the demo of BOA's site to see if Billpay and Shopsafe were there. They don't appear to be. But I can't imagine that they would pull the plug on these two services so abruptly.

Reeived several e-mails from MBNA last night, informing me that all my MBNA accounts in Net Access will migrate to BofA Online Banking by 10/23/06. It really looks like that this action may be the END of MBNA's BillPay, or the "beginning of the end" of MBNA's BillPay.

another point in JuNooNi's story is he claims mbna closed one of his wife's cards too....are we being careful with AU?....I hope you didnt have the 3 highly utilized cards with her as AU?

My AmE>< card moved back and forth between these. I mean it showed up for a few days in BofA's systems, but not anymore, at least now.
As for the premonition, unfortunately my ebayy cobranded MBNA card was already converted into BofA. This was not moved into BofA systems, though.

tooshy said:cameron2003 said:I got his email. Strange, only one of my three are moving:


s you may be aware, MBNA and Bank of America have merged. Keeping you informed is our top priority as we combine our organizations and integrate our banking networks.

Currently, you view multiple accounts online. We are unable to automatically move all of your accounts from Net Access, the MBNA online banking service, to Online Banking from Bank of America . In order to continue to take advantage of the great features and benefits of online access, please read the instructions below:

Beginning Monday, October 23, 2006, you will need to enroll in Online Banking from Bank of America at www.bankofamerica.com in order to access the following accounts:

PS. the one they they I have to move is the one I use for the bulk of my billpay.Got my emails last night...Cameron, check your email again. I received 3 emails, identical message, moving 3, then one, then one more account. All but 2 Charles Schwabs are moved.

Nope, stil ljust that one email.