Originally Posted by
zux85
Barclays closed all 3 of my cards . Haven't received the letters yet but they read them to me - something about a review of my account showed activity beyond their risk tolerance level. It said my credit reports were NOT used in making the decision.
I was spending pretty heavy (MS) on the cards over the last 18 months. Bummer that I wont be able to earn AA miles at all as Citi closed my cards last year 😭
Anyone seen this before from Barclays and know what I can expect? Would this be a lifetime shutdown (and how many years does Barclays consider to be a lifetime)?
Sorry to hear it.
From the few DPs I have seen about Barclays, it appears to be like Amex, i.e. no reprieve. However, it may be worth it to apply in a year or so. Things do change.
However, it also depends on how much you cost them with your prior MSing activity. I don't know what "heavy" means. For some, it $15K a month, for others ...$150K/mo.
Given that you had three cards, and I presume you used all for your MSing, you may be in for a wait,