FlyerTalk Forums - View Single Post - Barclays US MC credit line reduction
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Old Dec 1, 2009 | 2:40 pm
  #2  
tommyleo
 
Join Date: Sep 2006
Location: PHL
Programs: Former long-time US GP; now AA dirt
Posts: 4,904
Originally Posted by ereuter
I just had my Barclays US MC business card declined by a merchant, and when I called, I learned that my credit limit had been reduced from $15,000 to $2000. They won't budge on it, citing economic climate.

I am a very low credit risk, and have a $20,000 limit on my personal US MC. I hope they don't do the same with that one. That's a much older account, transferred from B of A.

This is ridiculous for a business card. I pay it off, but routinely charge more than $2k in a month. I'm going to have to look for another option.

Unbelievable.

Whoa. Maybe the bank no longer wants to make it possible for some cardholders to transfer 10K miles as EQM's if you spend $25K+. Does the bank pay more money to US when 10K miles-to-EQm kicks in?
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