Anyone had a card cancelled due to inactivity?

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DGenerateKane
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Anyone had a card cancelled due to inactivity?

Postby DGenerateKane » Sun Jun 03, 2012 3:09 am

I'm just curious if anyone has had one cancelled or threatened to be cancelled, what were they and how long were they dormant for? I just used my first CC last month I got 8 years ago, a U.S. Bank Select Rewards Platinum (I think that is what it is) for the first time in 35 months. I decided not to press my luck as last month was the month the annual fee ($0.00) shows up on my statement. I was sure I read that they do charge an annual fee if the account is inactive for 12 months, but I never was charged one the last two years.

So, anyone ever had a card cancelled or threatened to be cancelled due to inactivity?


agp
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Postby agp » Sun Jun 03, 2012 7:29 am

I haven't had a card cancelled due to inactivity, but I was charged $ for 12 months of inactivity once.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

MemberSince99
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Postby MemberSince99 » Sun Jun 03, 2012 9:41 am

No I haven't yet. I tend to close cards I don't see myself using. For those I do want to keep but that aren't my heavy use cards I put a small monthly charge on it to keep it active.

DavidNY
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Postby DavidNY » Sun Jun 03, 2012 12:16 pm

I think it's a good move to charge something at least once a year to avoid possible account closure and credit line shrinkage.

Money card
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Postby Money card » Sun Jun 03, 2012 4:09 pm

only my store cards. I had Kohls, Lord&Taylor and a Disney card canceled due to inactivity. but no credit cards.

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Postby socialmedic » Wed Jun 06, 2012 11:52 pm

Yes I have a good story on this matter. I had an HSBC credit card that used to reward me every time I made a large payment on my balance by reducing my credit limit. In that way I could not improve my credit rating by paying down the balance to get a lower percentage because they wanted me to stay "maxed out."

I called them on this unethical practice and they did nothing about it. I charged nothing and continued to pay down my balance until I paid the card off. They immediately sent me a letter telling me they sold my account (yes, my zero balance account) to CapitalOne and I was supposedly getting a card from CapitalOne. Well that never happened.

Then simultaneously they emailed me letters about my inactivity to which I responded that they told me theyh had sold my account and letters telling me they were sending me a new card. That went on for a while and then last week I got a letter from them telling me they closed my account due to inactivity. It is the most aggressive and predatory manipulation of my credit record I have ever suffered from a commercial creditor.

In spite of the fact that my credit behavior was stellar they did EVERYTHING in their power to make me look like a bad risk. Good riddance, I say. I will NEVER do business with HSBC ever again.

tinninches
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Postby tinninches » Thu Jun 07, 2012 8:48 am

Store cards tend to get closed after 1 year of inactivity.

So I'll do a small charge at some point, just to stop that from happening. Especially since all my store cards are backed by GEMBC, and they are generous with credit limit increases, for which I request increases every 4 billing cycles. Just helps raise total limit, thus lowering any utilization, if I happened to have any balance on any other CC.
[size=80]Amex Zync[/size]
[size=80]Amex PRG[/size]
Amex Costco TE
Amex Hilton
Amex Delta Gold
Barclay US Airways World MC
Chase SWA Signature
BOA Spirit World MC
[size=80]Barclay Apple Visa[/size]

Dylan1982
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Postby Dylan1982 » Thu Jun 07, 2012 8:58 pm

Yes, my Rodgers and Hollands jewlery store credit card was cancelled due to low or no activity.

To re-open it, I would need to do another credit check. But what's odd is that it shows up on my credit report of course with a $0 balance. It's good as it still counts to my overall open/available credit.
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)

lennyj17
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Postby lennyj17 » Fri Jun 08, 2012 6:59 am

tinninches wrote:Store cards tend to get closed after 1 year of inactivity.

So I'll do a small charge at some point, just to stop that from happening. Especially since all my store cards are backed by GEMBC, and they are generous with credit limit increases, for which I request increases every 4 billing cycles. Just helps raise total limit, thus lowering any utilization, if I happened to have any balance on any other CC.


I do this same thing.....Store Cards and Credit Cards that I don't use I still requests CLI on them solely for my C2D and Utilization ratio.



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