"Was Approved Didin't Use After 3 Months They Closed Account."
Newport News Credit Card Review
Written by: kaismom on 2013-01-12
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kaismom's review: Not worth the hard hit. They closed my account b/c I didin't buy anything after only 3 months. $500 limit.
1 Comment
Comment 1 by cfmdev49
Re: Was Approved Didin't Use After 3 Months They Closed Account. on 2013-01-15
Sorry to hear about that...but not surprising. I had a pre-approval for a barclays rewards card and in the fine print it stated that if you went 90 days without a charge the account was subject to closing. I guess it's another tactic by cc companies to generate revenue in any way possible...annoying but they make the rules...it's possible that Newport News had the same requirements in their fine print...perhaps if you call them they will re-open the account for you if you explain that you didn't realize that non use was part of the cardholder agreement...
Sorry to hear about that...but not surprising. I had a pre-approval for a barclays rewards card and in the fine print it stated that if you went 90 days without a charge the account was subject to closing. I guess it's another tactic by cc companies to generate revenue in any way possible...annoying but they make the rules...it's possible that Newport News had the same requirements in their fine print...perhaps if you call them they will re-open the account for you if you explain that you didn't realize that non use was part of the cardholder agreement...
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Disclaimer: This content is not provided by World Financial Network National Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by World Financial Network National Bank. Review content is powered by Finance Globe.