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Old 05-27-2009, 08:33 AM   #1
slapass
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My credit card got closed!!!

I hope this does not effect my credit. The company is closing all accounts. I actually over pay that account so there is a positive balance. yeah don't ask. but had a 30k limit built up and now I get to start over some where else.

http://watchingthewatchers.org/read/3522
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Old 05-27-2009, 08:36 AM   #2
Agent 488
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common occurance sadly.
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Old 05-27-2009, 08:37 AM   #3
Tanker
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yeah that sucks
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Old 05-27-2009, 08:50 AM   #4
pornocruto
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Oh thats gotta be a big pain in the ass!

I'm sure you'll get a new one dude.
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Old 05-27-2009, 08:58 AM   #5
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yeah that sucks
indeed it does
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Old 05-27-2009, 09:06 AM   #6
sextoyking
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Originally Posted by slapass View Post
I hope this does not effect my credit. The company is closing all accounts. I actually over pay that account so there is a positive balance. yeah don't ask. but had a 30k limit built up and now I get to start over some where else.

http://watchingthewatchers.org/read/3522

Hi Slapass,

If I remember correctly Advanta never reported business accounts to personal credit reports.

I belive they reported to biz credit reports, i.e. dnb,experian, and mabey equifax biz credit.

I don't think you have much to worry about..
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Old 05-27-2009, 09:07 AM   #7
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Can't you get one through your bank?

I just started using one of my older cards again so that it doesn't get closed for inactivity.
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Old 05-27-2009, 10:33 AM   #8
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I have shut down most of my credit cards because of the bs being pulled by some of these banks. I'm not going to be caught at a business dinner and have my card declined for a $500 meal because some automated system decides to reduced credit limits or shut the card down. I've heard some ridiculous stories lately.

That on top of 2 cards having their rates jacked up in the last year out of the blue even though I use them and pay them off regularly. Fucking bs.

Been using 3 debit cards recently with peace of mind.
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Old 05-27-2009, 10:54 AM   #9
Iron Fist
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I'm sleeping on a mattress stuffed with cash lately... no worries here!
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Old 05-27-2009, 10:57 AM   #10
slapass
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I can get another card. I have other cards. But 30k limit, nope, only had the one. 1% cash back on all purchases with no limit. Nope, they were the best I found. 4 days notice to move all reocuring charges. Really this sucks. I am totally amazed they could not sell the better accounts.
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Old 05-27-2009, 11:00 AM   #11
slapass
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in hindsight the three exclamations is maybe overkill in the title but i loved this card...
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Old 05-27-2009, 11:01 AM   #12
Barefootsies
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:2cents

I do not believe business accounts effect your personal, in regards to credit cards/lines, etc..

I could be wrong, but I remember then explaining to me when I was getting my business credit card, as well we bank explaining it when I was setting up my accounts.
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