Home | Community | Message Board


This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Kraken Kratom Shop: Red Vein Kratom

Jump to first unread post Pages: 1
Invisibledaussaulit
Forgetful

Registered: 08/06/02
Posts: 2,894
Loc: Earth
Credit card bait and switch
    #14101785 - 03/11/11 12:13 AM (12 years, 11 months ago)

I had this MasterCard from Citi they offered years ago which had some awesome cash back on gas. Then gas spiked to $3+ and they stopped offering it, but I still have it. In December they told me that they were no longer continuing with the program and they would send me a replacement card where I can earn "points" for every dollar spent. I would rather have the cash back instead of some points BS, so I called them, telling me that I don't want this new card and give me a cash back card. They told me that this points card(which they forced on me) cannot be changed to a cash back card, and that if I wanted it, I would need to apply for a new card, with a new line of credit. What am I supposed to do with 2 MasterCards?  My concern is that I will probably stop using the new points card because my other cards are cash back and a lot better. If I stop using it, I bet they will cancel my account because there is no point in maintaining an account that is no longer used. I've been with these guys for over a decade.

My question is, if I get a new cash back MasterCard and stop using my Points MasterCard, and it gets canceled in the future, is it going to hurt my credit?
What other recourse do I have, or have I been screwed by the credit card company again?

Thanks.

Extras: Filter Print Post Top
OfflineGroovy Grant
 User Gallery
Registered: 07/31/00
Posts: 6,635
Loc: TX Flag
Last seen: 1 month, 17 days
Re: Credit card bait and switch [Re: daussaulit]
    #14105281 - 03/11/11 06:28 PM (12 years, 11 months ago)

I don't think they'll cancel it, they may lower the credit limit though. Apply for the new card though, so it can immediately begun maturing.

Extras: Filter Print Post Top
Offlinehumawebdesign
Stranger
Female
Registered: 03/11/11
Posts: 45
Loc: India
Last seen: 12 years, 11 months
Re: Credit card bait and switch [Re: Groovy Grant]
    #14112724 - 03/13/11 01:17 AM (12 years, 11 months ago)

Your credit will not be affected unless or untill you default. They do not suppose to cancel your existing card, you can have more than 1 card from the same bank there is no issue in it.

Extras: Filter Print Post Top
Invisibledaussaulit
Forgetful

Registered: 08/06/02
Posts: 2,894
Loc: Earth
Re: Credit card bait and switch [Re: humawebdesign]
    #14158243 - 03/21/11 07:55 AM (12 years, 11 months ago)

Even if I decide to shred the second card and never plan to use it?

Extras: Filter Print Post Top
Invisiblebadchad
Mad Scientist

Registered: 03/02/05
Posts: 13,374
Re: Credit card bait and switch [Re: daussaulit]
    #14158591 - 03/21/11 10:07 AM (12 years, 11 months ago)

If you're really worried, shred it and wait for it to expire.  Regardless, I would expect canceling it would have very minimal (if any) effects on your credit score.


--------------------
...the whole experience is (and is as) a profound piece of knowledge.  It is an indellible experience; it is forever known.  I have known myself in a way I doubt I would have ever occurred except as it did.

Smith, P.  Bull. Menninger Clinic (1959) 23:20-27; p. 27.

...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.

Osmond, H.  Annals, NY Acad Science (1957) 66:418-434; p.436

Extras: Filter Print Post Top
Jump to top Pages: 1

Kraken Kratom Shop: Red Vein Kratom


Similar ThreadsPosterViewsRepliesLast post
* . dr_gonz 1,525 17 11/24/10 04:11 PM
by SpawnRun
* STOCKS - An Intro Tutorial & Ongoing Discussion
( 1 2 3 4 ... 291 292 )
geokillsA 297,309 5,822 03/01/24 01:24 PM
by pslyke
* annonymous prepaid credit cards maynardsdick 1,060 9 05/23/11 12:54 PM
by JohnnyConverse
* pre paid visa cards? BlueIndian 1,600 6 09/26/10 09:15 AM
by Groovy Grant
* Need help choosing a credit card
( 1 2 all )
daba 8,207 29 09/08/18 02:42 PM
by AroundtheSon
* Credit Card Tips
( 1 2 all )
novorua 7,954 39 10/12/05 10:01 PM
by Vvellum
* Dealing with Collections
( 1 2 3 all )
Gastronomicus 4,674 42 03/30/08 01:22 PM
by 0xYg3n
* credit history mayfly 1,468 7 04/30/08 12:19 AM
by memes

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
755 topic views. 0 members, 0 guests and 2 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.018 seconds spending 0.004 seconds on 12 queries.