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Barclays

Another reader shutdown – should you preemptively cancel your Barclays cards?

April 6, 2016April 6, 2016 Vinh  Manuf Spend  Barclays, Manufactured Spend, shut down  32 Comments

Introduction Another day, another Barclays shutdown story.  This is from a reader who used to MS on the card (when Buxx was alive,) but have mostly stopped for the past couple of months.   Here are some data points: Both he and his wife’s cards were shut down He had Aviator Red.  Wife had A+ and […]

What to do when a bank closes your credit card and you have a points balance

February 10, 2016February 9, 2016 Vinh  Credit Cards  Barclays, cfpb, credit card shutdown, shutdowns  19 Comments

Introduction A couple of weeks ago, I wrote about how Barclays shut down both my wife’s and my account.  I had about $400 worth of Arrival+ points left in both of our accounts.  Usually, you’ll want to contact the bank directly and ask to get a credit on those points, but I had read calling […]

Barclays shuts down my wife’s account and my 3 accounts

January 20, 2016January 19, 2016 Vinh  Credit Cards  Barclays  32 Comments

Introduction What’s that saying?  You’re not hitting it hard enough until you’ve been shut down.  Well, it’s been no surprise that I hit my wife’s Arrival card HARD in 2015.  To the tune of nearly 600,000 Arrival points aka $300K of spend, which averages $25K of monthly spend on a $15K CL.   How my […]

2 retention offers and 1 card closure

January 12, 2016January 10, 2016 Vinh  Credit Cards  AA, amex, aviator, Barclays, Citi  15 Comments

Introduction I hate calling credit companies for retention offers just because it’s like a game of poker – I don’t want to close the card, but I need to sound convincing so they don’t call my bluff.   Citi AA Platinum I’ve had this card going on 4 years now.  I love it because this […]

Barclays extends the 2.22% rebate until August 2016 even though I applied before September 2014

October 16, 2015October 15, 2015 Vinh  Manuf Spend  Arrival, Barclays  9 Comments

Introduction Some of you may remember the bad news from July about the Barclays Arrival card changes whereby the card will only give a 5% rebate on redemptions instead of 10%.  Here’s DoC’s recap of it and a quote: When these changes go into effect depend on when you applied for the card. Here are […]

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