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I got the letter from them last week as well, the cancelled my account. I never went over my limit. They want people who can't afford to pay the money back as customers so they make money. Apparently a lot of other CC Companies are going to be doing this as well. I checked my Experian Credit Report and my score is 986 over 1000. Pretty much perfect. I've also never missed a payment on anything for 25 months LOL.
Crazy that they just cancelled my account for being a good customer but not to worry, I don't care. I'm clearing the balance of the account and from now on I'll use my Visa.
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