Originally Posted by
saw2645
Anyone else get a letter from Capital one closing your card? My Amex BC was closed on Oct 21st, now this. Basically with same language as Amex closer, spending not consistent with expectations of family house hold.
Not sure why they would close the GM card. The version I see is 5% on only the first $5000 and 2% thereafter. And can only be used on a GM car. Very surprising they would shut that down for overspending.
What kind of monthly volume were you doing on the OBC?