Barclay Arrival (this is not the Arrival Plus - I downgraded to the plain Arrival when I decided to close my Arrival Plus a few years ago).

Closed for inactivity. Card has been in the drawer for the past few years.

I'd consider this to be a separate category, and practically the opposite of a shutdown -- b/c the latter is caused by an activity.

This happened to me like 4 yrs ago or so. I had about 80,000 points. Cap1 closed my venture cc, and my check account with them (only had like pennies). They sent me a check for 1/2 the value of the points. (since 1.00 spend get you 2%).

Also, I am pretty much banned from signing up with them again. I tried like 2 years ago. Instant denial.

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I think your shutdown risk is low.

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I don't know. Maybe someone else has a data point? If you want my best guess I would say that yes it could affect your family member's accounts.

Co-signer or Authorized User?? There is a big difference. The former is guaranteeing your paying the bill and will be on the hook if you decide to go on the lam and charge $100K prior to doing so.
An AU is simply another name on the card. Their charges will revert to you and if they go on the lam and charge $100K before doing so, you will be on the hook for payment.
Eliminating an AU from the card is usually quite easy and just requires you calling the CC company and telling them to take that person off the account. If they have a separate CC#, then that number gets deactivated. If you both have the same CC#, then the bank may need to issue you a new CC.

On the other hand, eliminating a co=signer means (usually) that you will need to apply for a new CC based on your credit only. You may get a new card with or without a credit line difference, or you may get refused because your credit alone is not good enough for the CC company.

Bottom line..... big difference between the two terms. ;)

Edit to add: If you are the co-signer on their credit card account, then your withdrawing from their credit line may shut their account down since they may not have enought of a credit history or score to satisfy the CC company. (Just in case )

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If you are a co-signer on their account and you get banished from the bank, then it is highly likely that your other members who have you as a co-signer will also be affected by your closure, as I explained in my prior post.
They may not be banished as you are, but they would likely have their account closed and made to re-apply without your assistance in gaining them credit.
By this time, however, they may not need your credit assistance on their account anyway, but to your basic question....no doubt they will be impacted.

If they supplied you the means for obtaining a credit line, I suspect that they may be less impacted, especially if they can show that they had no control over your financial behavior. However, given that it is BOA, anything could happen. I would proceed by getting them off your account in full before diving into the risky business of MSing, or simply go to another bank for your MSing needs. (and that means CCs as well).

So i take it that a Cap1 ban is a lifetime ban? UGH

So I just tried to apply for the Capital One 360 Money Market account online (500.00 bonus), and I didn't even get past the 1st step. I tried the app again, and just put in a fake SS#, and I past the 2nd step before being asked to call.

So yah, looks like a lifetime ban, or at least a 10yr ban.

Discover Shut down, didn't expect to be shutdown.This was my 2nd cash back match card, I was doing MS, monthly cycling CL 1x to 3x times. [redacted] shut me down last week after a suspicious activity review on my account, it was my 12th month. Still waiting for pending rewards to be paid from this month. Was expecting big $$ amount from Cashback match, which doesn't seems be be getting paid as the account is closed.
Anyone pursued cashback match after account closure from discover side ??

Was it a biz or personal card, and where were you "shopping"? I'm thinking on a biz card there's a legitimate excuse to buy VGC as those are part of many business' marketing costs. With personal it's a tough call.

Think of the positive.
You got 12 months of cycling your CL 3x a month with Cashback bonus. This is like a normal person doing 3 years of activity in 1 :o However, realize that you basically broke Discover's rules and cost them a pot load of money.
You are not their customer of choice.

I don't see any reason not to try and get your last cash back rewards but don't be too shocked it they say no.

Tell me what rule was broken, please.

The fact that Discover says certain purchases don't earn rewards doesn't mean that you're breaking any rules by buying them. It's not our fault that Discover (and other CC issuers) don't follow their OWN rules and pay rewards when we buy prepaid cards.

Cycling 3x of CL is a huge red flag for credit card company. No surprise they did shut him down.

Cycling your CL x times also doesn't violate any terms.

Every CC Agreement contains a broad provision that allows the lender to terminate relationship when they detect an abusive behavior. They intentionally leave that condition vague. And this thread allows us to learn exactly what behavior each bank would consider abusive.

OP you still haven't provided us any details on what happened, and you deleted your reddit version of the post.

What?? If you are correct, then why we have credit line?

Surprise!!
They are following their rules. It says that you don't get cash back for certain purchases, including gift cards.
What they see is someone abusing their card for cash back that they (Discover) shouldn't;t pay and you don't deserve.
So, congratulations on getting 3 years equivalent of cash back before they closed you down.
But don't be shocked that they did so.
As I said, you are not their customer of choice.

A credit line is the amount you can owe on a card at a particular time. If you have a $1000 CL and you charge $250, you can still charge $750 more--and if you pay the $250 you owe, you can then charge $1000 more. It's a LINE OF CREDIT--it's not a limit to how much you can spend per month.

There's a contract between the cardholder and the card issuer. Notions of "abusing" a card, where that definition is determined randomly, is neither legal nor fair. We're obligated to abide by the contract terms but so is the bank. If there's something called "abuse" make it part of the terms and specify what it is.

And, BTW, what's "abuse" generally means that the CC company doesn't like how many rewards you earn--despite the fact that it advertises "unlimited" rewards. The way to avoid that kind of "abuse" is to limit rewards. Otherwise, the CC company is guilty of fraud IMHO.

Interesting. I sincerely wish you the good luck to cycle 5x or more of the CL. ;)

A lot of the shut-downs are caused by CL cycling. If you cycle a Citi DC or Fidelity Visa with $20,000 CL 5 times a month, I'm sure Citi and Elan will shut you down in no time. That is a $2,000 loss for each card.

Same with BA Premium Rewards and other high rewards cards without any reward limits....

Are you sure it is really a $2000 loss?

Yeah - I don't understand at all where the $2,000 comes from here. And is it a loss to you or the bank?

And you know the cause is CL cycling how, exactly? Do you think that if you used a non-rewards card with the same CL cycling you'd be closed down? Banks love to see extensive card use--as long as that use is profitable to the banks.

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Personal, mix of all MS places, online, mall, grocery

Thanks for the info. Any particular transaction they claimed was suspicious? I'm curious if it's just something you did that was unlucky, or they're starting to clamp down on MS in general.

$20,000 CL x 5 = $100,000 spending. 2% of $100,000 = $2,000 cashback.

Also, for BA Premium Rewards, the top tier earn 2.625% cash back. I'm sure no swipe fees can cover that cost if you cycle it 5 times.

I agree, I read through all the terms again and only mentioned point are Cash advances. Well then again banks will be banks,

That assumes the cash back is a "Loss". But they do get money from swipe fees. I don't know exactly how much, but I'm sure it is enough that they aren't losing the entire $2000. Just googling it I see that swipe fees average around 2%, but are higher for premium credit cards.

You can go into the details if you like. I'm sure Costco is not paying more than 2% swipe fees to Citi.

It is known that Citi DC gets probably most of the shut-downs. Do not think Citi would be prepared to payout $2,000 in this case. This is not what this intended for (credit cycling). It poses risks to the bank.

I was just trying to say it is not really a $2000 loss (maybe a loss, but much less than $2000). I wasn't disagreeing with anything else you were saying or suggesting. I absolutely agree that cycling your credit limit can lead to shutdowns, especially with Citibank.

I agree with you. You can certainly calculate the true "economic loss" and more. Some of the large banks, like Citi, BA and Wells Fargo are known to be pressing very hard on those credit card portfolios to generate profit. The cost cutting will certainly gets into the credit card payouts.

This argument makes no sense. If the bank loses on $100,000 in purchases with a 2% card in a month, doesn't it also lose on a $20,000 purchase with a 2% card in a month? The swipe fees are the same for spending $20,000 over 5 months as for spending $100,000 in 1 month.

You are the one has been arguing it again and again.

If Citi does have net loss from paying out the 2% CB, it would certainly rather lose on the $20,000, not on the $100,000 for the month.