hehe, I had a bunch of credit cards and not all of them were being used. Looks like as the economy got tighter, the credit card companies have started looking into each account in further details. I have at least about 6 credit cards including ones from Citi Financial, Chase bank.
Citi had actually kept sending me the upgrades from silver, to Platinum to Diamond and finally a Diamond Preferred card. However, this was one of the cards I had not used for couple of years now. Last October, I received a heads-up letter saying this was going to be closed by the end of the month and I could give them a call if I had any questions or if I needed to keep the card. Well, I didn’t take time to call them at the right time and I received another letter mid November saying the account was closed. Well, one card less in my wallet now. It felt a little lighter :)
Last week, I received a letter from Chase, and this time around the letter was a bit improved or advanced. It said, due to no transactions in the past 2 years, the account WAS CLOSED. So, there was no chance to talk to them before it was closed, and it was assumed and closed by the credit bank itself. It is another card less to carry in my wallet, and perhaps brings my wallet to a smaller size :)
The size of my wallet (used to be) – with all the available credit cards, debit cards, memberships cards, drivers license, a spare car key, etc…
and now i have switched to another smaller one just to keep 1 credit card, 2 debit cards, drivers license, fitness center card and a spare car key [I tend to leave the car keys inside and lock the car at times:) .]