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Skycard/Barclaycard suddenly & dramatically reducing credit limits?
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Similar thing is happening to me on my Barclaycard payback card they reduced my credit limit from £11,000 to £650 just before sending out my credit card statement. As I usually spend more than this on the card each month I instantly went over my credit card limit with the transaction still in the pipline. Sent a payment immediately but all cannot use the credit card now as I am over my credit limit and expect to be charged an over credit charge.0
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Hi Ickle Pickle,
Just wondering if you had an update from FOS yet, exactly the same thing has just happened to me was absolutely livid have fired off a letter of complaint after getting nowhere with customer services. I am lucky that I have been able to retransfer the balance to another card but that will cost me another £90 for the same balance in less than a week. Have two more cards with Barclaycard and terrified if I kick up a fuss then they will close these leaving me really up the proverbial creek with out a paddle. Will be extremely interested in how you got on.
Melbean.0
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