Anyone have Sears MasterCard limit decreased
Hey guys; DW had this mastercard issued by Sears Canada for several years. Several days ago DW noticed her credit limit for that card was lowered from just over 10K to just above 8k. She called an...
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I think if Sears goes out of business, the issuing bank will "absorb" the credit cards so it shouldn't cancel, but it'll end up changing. I have had 4 or 5 change like that for various reasons - make sure to check the interest rate, any annual fees, etc. You'll be given the option to close it if you don't agree to the new terms (but you'll have to pay it all off right then).
Like DutchmenSport, HomeDepot did that with me. I hadn't used the card for a few years (less than 5) and suddenly they just closed it. No notice, no warning. Oh well, I didn't really need it.
Like DutchmenSport, HomeDepot did that with me. I hadn't used the card for a few years (less than 5) and suddenly they just closed it. No notice, no warning. Oh well, I didn't really need it.
