The 2016 Shutdown Thread
Oct 25, 2016, 12:10 am
#391
Join Date: Aug 2013
Location: Kansas City
Posts: 193
All your Citi cards will be closed soon. That's what happened to me.
Oct 25, 2016, 10:18 am
#392
Join Date: Jun 2015
Posts: 1,727
What's the algorithm? Please share with everyone.
Oct 25, 2016, 12:44 pm
#393
Join Date: Jun 2013
Posts: 293
I had several Citi cards closed 2 weeks ago, only got letters from Executive Response Unit today for each of the closed cards. Basically it is a form letter stating they can close the cards at any time. The letters did NOT state any reason.
Is there anyway to get the decision reversed, at the very least get the paid annual fees refunded? AA exec and Prestige cards both charge hefty fees.
Thanks
@ORD
Is there anyway to get the decision reversed, at the very least get the paid annual fees refunded? AA exec and Prestige cards both charge hefty fees.
Thanks
@ORD
Oct 25, 2016, 12:56 pm
#394
Join Date: Dec 2015
Location: DCA
Posts: 818
I had several Citi cards closed 2 weeks ago, only got letters from Executive Response Unit today for each of the closed cards. Basically it is a form letter stating they can close the cards at any time. The letters did NOT state any reason.
Is there anyway to get the decision reversed, at the very least get the paid annual fees refunded? AA exec and Prestige cards both charge hefty fees.
Thanks
@ORD
Is there anyway to get the decision reversed, at the very least get the paid annual fees refunded? AA exec and Prestige cards both charge hefty fees.
Thanks
@ORD
Oct 25, 2016, 1:36 pm
#395
Join Date: Mar 2016
Posts: 267
I already threw away the original shutdown letter, but here's the one I got when applying to Frontier, with the reference to the shut down A+. That "negative performance" can be any reason why they shut you down, according to manager I talked to:
Oct 26, 2016, 3:28 am
#396
FlyerTalk Evangelist
Join Date: Feb 2005
Location: PHX & AGP
Programs: AA Lifetime PLT, Bonvoy Lifetime Titanium, Hilton Gold
Posts: 11,453
Not true for Barclay . They definitely care about high balances vs limits on your other cards, and did shut me down for that very reason a decade back - read my posts above. They told me as much on the phone this was the reason.
Also, I found an OCR scan of the letter they sent me on Feb 29, 2008 . Here is an excerpt :
Also, I found an OCR scan of the letter they sent me on Feb 29, 2008 . Here is an excerpt :
Oct 26, 2016, 4:52 am
#397
Join Date: Oct 2013
Posts: 483
I used Google Wallet for about 2 months before I was shutdown. I was doing Vanillas from CVS and Mastercards from OM and grocery stores. It was great for the 200s. Oh well, it was fun while it lasted.
Oct 26, 2016, 1:09 pm
#399
Suspended
Join Date: Dec 2013
Posts: 632
I had several Citi cards closed 2 weeks ago, only got letters from Executive Response Unit today for each of the closed cards. Basically it is a form letter stating they can close the cards at any time. The letters did NOT state any reason.
Is there anyway to get the decision reversed, at the very least get the paid annual fees refunded? AA exec and Prestige cards both charge hefty fees.
Thanks
@ORD
Is there anyway to get the decision reversed, at the very least get the paid annual fees refunded? AA exec and Prestige cards both charge hefty fees.
Thanks
@ORD
Oct 26, 2016, 1:10 pm
#400
Join Date: Jan 2015
Posts: 59
Would also like to know.
I don't normally MS aside from some Plastiq payments, but, I've been trying to take advantage of a Citi bonus (2 extra Citi TYP's per dollar on all spend up to 35K bonus points for 6 months). I'm trying to spend the entire $17,500 needed to max it out. I've been putting one $2000-ish charge from CVS and 2 $500-ish charges from Walgreens per month along with some organic spend each month.
Trying to figure out what the chances of them shutting me down over this (18 year relationship with Citi)? I don't do any billpays at all to the account, I always pay it off with my normal bank account.
Thanks!
I don't normally MS aside from some Plastiq payments, but, I've been trying to take advantage of a Citi bonus (2 extra Citi TYP's per dollar on all spend up to 35K bonus points for 6 months). I'm trying to spend the entire $17,500 needed to max it out. I've been putting one $2000-ish charge from CVS and 2 $500-ish charges from Walgreens per month along with some organic spend each month.
Trying to figure out what the chances of them shutting me down over this (18 year relationship with Citi)? I don't do any billpays at all to the account, I always pay it off with my normal bank account.
Thanks!
Oct 27, 2016, 5:35 am
#401
Join Date: Oct 2013
Posts: 483
I think I got 25000 through before getting shudown. I sent payments to my husband and he is not shutdown, so we might try my daughters account to send him payments or vice versa. It is very common to get shutdown from what I read, but I really don't need GW. Not sure if I will miss it.
Oct 27, 2016, 6:49 am
#402
Join Date: Feb 2015
Posts: 319
I think I got 25000 through before getting shudown. I sent payments to my husband and he is not shutdown, so we might try my daughters account to send him payments or vice versa. It is very common to get shutdown from what I read, but I really don't need GW. Not sure if I will miss it.
Oct 27, 2016, 10:09 am
#403
Join Date: Jul 2014
Posts: 369
Would also like to know.
I don't normally MS aside from some Plastiq payments, but, I've been trying to take advantage of a Citi bonus (2 extra Citi TYP's per dollar on all spend up to 35K bonus points for 6 months). I'm trying to spend the entire $17,500 needed to max it out. I've been putting one $2000-ish charge from CVS and 2 $500-ish charges from Walgreens per month along with some organic spend each month.
Trying to figure out what the chances of them shutting me down over this (18 year relationship with Citi)? I don't do any billpays at all to the account, I always pay it off with my normal bank account.
Thanks!
I don't normally MS aside from some Plastiq payments, but, I've been trying to take advantage of a Citi bonus (2 extra Citi TYP's per dollar on all spend up to 35K bonus points for 6 months). I'm trying to spend the entire $17,500 needed to max it out. I've been putting one $2000-ish charge from CVS and 2 $500-ish charges from Walgreens per month along with some organic spend each month.
Trying to figure out what the chances of them shutting me down over this (18 year relationship with Citi)? I don't do any billpays at all to the account, I always pay it off with my normal bank account.
Thanks!
Oct 27, 2016, 1:44 pm
#404
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,750
There are other banks do the similar things too but less sensitive as Barclays.
You would be foolish in your assumption on how banks manage its risks.
Oct 30, 2016, 11:54 am
#405
FlyerTalk Evangelist
Join Date: Feb 2005
Location: PHX & AGP
Programs: AA Lifetime PLT, Bonvoy Lifetime Titanium, Hilton Gold
Posts: 11,453
I guess I'm a fool, I'll give you a recent data points. Hubby and I are into flipping houses, we use CC for the rehab, my Barclay Siver Aviator card which has a 25K CL, currently has 22K on it, that balance been on there for 2 months, we just closed on a house Friday which will pay it off. Been doing this for a year, Barclay hasn't done anything negative to us, in fact when I inquired about a CL increase, they gave it to me. With these spends, it pushed me over the top with the 10K EQM go re~qual for PLTEX. I haven't done the traditional MS on my CC's in over a year and half, so please explain to me why I and hubby haven't been closed by Barlcay? We carry high balance on the CC and pay it off?