- Centurion Member
- Posts: 4047
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
I may be out of the garden on a technicality.
Synchrony has just sold the Brooks Bros card accounts to Citi.
I've not seen my updated credit reports, but I'm assuming that they will show a closed Synchrony account and a just-opened Citi account. I made no application to Citi, and I don't think they've done a HP, but it is probably a new account nonetheless.
I hope no creditors get spooked...that's my fourth new account in the last 60 days.
This is also actually my first closed account, too.
I suppose it might also be possible for a report to show the same old account, and just change the name of the creditor.
How is it usually presented when a card's issuing bank is acquired by another bank in its entirety?
*Edit: Creditor name change only. Not a new account.*
Last edited by CarefulBuilder14
on Wed Jul 01, 2015 11:27 am, edited 1 time in total.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech