Comments on: When Canceling A Credit Card, Be Ready For The Emotional Appeals To Stay

By: Andy @ Retire at 40

Andy @ Retire at 40 — Tue, 16 Dec 2008 19:05:37 +0000

This post has been featured on the 89th Carnival of Money Stories at Retire at 40. This story sounds familiar and oh so tiring. I just wish companies would listen when you want to do something like cancel a card. Andy @ Retire at 40s last blog post..The Tuesday PF Roundup - #2

By: Privacy: It’s none of their business « Funny about Money

Privacy: It’s none of their business « Funny about Money — Tue, 16 Dec 2008 18:26:18 +0000

[...] to cancel an old credit card account that hadn’t been used in years, he was blitzed with a high-pressure pitch to keep the card. Among other things, the person who answered his phone call asked him why he would want to cancel a [...]

By: Moments of Fame « Funny about Money

Moments of Fame « Funny about Money — Tue, 16 Dec 2008 17:56:56 +0000

[...] and try applying them to your own circumstances. and Peter at Bible Money Matters tells of being high-pressured when he went to cancel an old, inactive credit card. Possibly related posts: (automatically generated)Moments of FameLaCie [...]

By: Funny about Money

Funny about Money — Tue, 16 Dec 2008 17:41:07 +0000

Amazing story! I've never been high-pressured to that extent when canceling. Even more amazing is Kacie's report: "The guy wanted to know why, and I told him I wasn’t using credit anymore." What nerve! Does anybody ever tell people who ask questions like that "it's none of your business"? Or the more polite version: "Why do you want to know"? Funny about Moneys last blog post..Rain!

By: Credit Karma Roundup: The Holiday Season is Here

Credit Karma Roundup: The Holiday Season is Here — Sun, 07 Dec 2008 11:46:45 +0000

[...] Bible Money Matters writes When Canceling A Credit Card, Be Ready For The Emotional Appeals To Stay. [...]

By: Peter

Peter — Tue, 02 Dec 2008 15:30:52 +0000

The card is no longer there, and no longer a temptation to use. I’m trying to live without credit, and just having the card there means that at times you’ll be tempted to use it for that big screen tv, or that trip to Europe. No card? No temptation.

By: My Journey

My Journey — Tue, 02 Dec 2008 15:25:42 +0000

Why cancel it? I understand you aren't using the card, but what harm is the REAL harm in leaving it open? Put the card in a draw and just let it sit. My Journeys last blog post..Thinking about Starting an Company - Here is a chance at a free LLC or Incorporation

By: Play Games Win Prizes

Play Games Win Prizes — Tue, 02 Dec 2008 05:41:55 +0000

Lol, when I wanted to cancel my AMEX card just so I can hear some offers, the guy on the other end said “OK”.

-Mike

By: Peter

Peter — Mon, 01 Dec 2008 18:57:59 +0000

Since we’re paying cash for most everything nowadays, (we just paid cash for our last car), and we’re already in a house we plan on staying in for years to come, we don’t really have a big need for a “good credit score”.

For emergencies instead of using a credit card like most people, we have 3-6 months of expenses saved up – which should cover most contingencies.

By: Kacie

Kacie — Mon, 01 Dec 2008 18:33:00 +0000

Yeah, I canceled my AMEX card last year and it was kinda fun. The guy wanted to know why, and I told him I wasn't using credit anymore. At all. He prodded some more, and told me I could transfer my balances (I countered with, "I have no credit card balances"). He then said that I should keep the card for "emergencies." I told him that I had a 6-month cash emergency fund. One final plea, and finally I said, "Look, I know I could keep my card open. But this is my way of stickin' it to the man." He couldn't argue with that! LOlolol. Kacies last blog post..Our convenient, relaxing Thanksgiving