Egg on Face

[jacey]

I just had a letter to say that Egg are cancelling my credit card because... well no good reason really, just a lot of waffle. So I immediately thought: Help, have I missed a payment? Do I owe them money? But when I logged in to my account the card balance is sitting on a resolute zero. I don't owe them money at all.

It seems they are cancelling my account because, having been taken over by Citibank, they have decided that I am not the type of customer they want. I can only think it's because I don't spend enough money on their card.

Now this really pisses me off, not because I need my credit card, I don't, (I barely use the thing except for a few convenience transactions), but because it seems that these days everyone wants me to exist on credit, to take out a loan, to spend more on yet another credit card.

What's wrong with living in the black?

Comments

[charlieallery.livejournal.com]

I've had an MBNA card for, um, I dunno, about 15 years I guess, at least. Once I paid off all the cards onto the mortgage, I stopped using it. It hasn't budged for at least 2 years because I mislaid the card they sent me after the last one got stolen - I've just got a new one. In fact I have 10 quid credit sitting on it because of interest paid that they refunded on the money that got stolen. I like the card because it's a Platinum card and it has a wacking great credit limit after years of minimum payments only - such that if I had to go out this minute and buy a new car, I could do so on that card. Which means it's my safety net.

They seem quite happy to let me have the card and spend nothing on it. I pay them nothing, they keep sending me cheques to use against the card. Plus they're very friendly and helpful on the phone. Unlike other companies I've tried to deal with. :)

[birdsedge.livejournal.com]

Maybe - if you've used it in the past - they won't dump you, but I'd not used mine much at all. They certaily used to be a decent company to deal with in the past but I think the takeover by Citibank may have changed all that.

Watch out.

[birdsedge.livejournal.com]

Sorry you said MBNA - just realised my comment was based on a misreading. Yeah, MBNA just want you to have their card in case you spend money on it.