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Rant...Capital 1 & Barclaycard...!
Baldybear
Posts: 1,747 Forumite
in Credit cards
Sorry just need to rant and let of steam!
Think credit card companies have it in for me! :mad:
Got a letter last week saying Capital 1 interest rate hiked from 14.9% to 21.9% so decided to opt out and close the account, just pay off at current rate.
End of last week got accepted by Natwest for a 0% balance transfer, so transferred Barclaycard debt over (£2k) so I believe that has peed Barclaycard off as today they have decided to get my limit from £2k to £260! Was going to keep the Barclaycard and use this as my only card as good rates (as better than Natwest after balance transfer paid off) but have closed my account today!
Just dont understand where Barclays are coming from, maybe because of the BT!
Thanks for listening to my rant!
Think credit card companies have it in for me! :mad:
Got a letter last week saying Capital 1 interest rate hiked from 14.9% to 21.9% so decided to opt out and close the account, just pay off at current rate.
End of last week got accepted by Natwest for a 0% balance transfer, so transferred Barclaycard debt over (£2k) so I believe that has peed Barclaycard off as today they have decided to get my limit from £2k to £260! Was going to keep the Barclaycard and use this as my only card as good rates (as better than Natwest after balance transfer paid off) but have closed my account today!
Just dont understand where Barclays are coming from, maybe because of the BT!
Thanks for listening to my rant!
Debt 13-1-25 - £39K!!!
Mortgage 13-1-25 - £63K
Mt DFW Diary: https://forums.moneysavingexpert.com/discussion/6580353/at-an-all-time-low#latest
Mortgage 13-1-25 - £63K
Mt DFW Diary: https://forums.moneysavingexpert.com/discussion/6580353/at-an-all-time-low#latest
0
Comments
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what was your longstanding bal with barclaycard? maybe cut it if is was at a high limit for a while0
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My Barclaycard was also reduced to £260 after clearing a long-standing balance. This seems to be a standard figure!There are times when parenthood seems nothing but feeding the mouth that bites you Peter De VriesDebt free by 40 (27/11/2016)0
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