Yesterday I got a letter in the mail.

I’m posting it in full since the account is closed anyway.

 This, I think, is a thinly veiled effort to thin the number of card holders. It worked.

I also think that this is bullshit.

I’ll take these in order:

  1. Proportion of balances to credit limits is too high
  2. Proportion of loan balances to loan amounts is too high
  3. Time since most recent account opening is too short
  4. Too many accounts with balances
  5. Too many inquiries in the last 12 months

1) Umm… on the date I had a bunch of Christmas stuff on the cards. Oh, but I never carry a balance and all my accounts are current.

2) Ok… perhaps I have a house in Seattle which is an expensive market? I purchased a car with 0% APR?

3) May? (Car) February? (Amazon Visa)

4) Two is too many? American Express and Amazon Visa are the only revolving accounts with balances (that, as I said before, are paid off in full every statement). Having a car payment and a mortgage is pretty much standard operating procedure, no?

5) Inquiries? May for the Subaru? February for the Amazon Visa?

Did you see my credit score, 796 out of 900? It’s higher now than it was when I got the card.


If I ever buy another BMW again I’ll have to question if I use this moronic financial services branch of BMW.

The account terms that were changed was the APR on the card, going up to 15%. It doesn’t materially matter to me since, for the third time, I pay off my balances every month. It’s just a slap in my face.

That I don’t abide.