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Barclays Sends Out Letter – Use Your Credit Card Or Lose It

Barclays has sent out a letter to some cardholders stating that they have 30 days to use their card otherwise the card would be closed for inactivity. Barclays doesn’t seem to be the only ones to be ramping up card closures due to inactivity, but it is nice they are sending out letters before closing […]

Barclays has sent out a letter to some cardholders stating that they have 30 days to use their card otherwise the card would be closed for inactivity. Barclays doesn’t seem to be the only ones to be ramping up card closures due to inactivity, but it is nice they are sending out letters before closing the card. It’s always a good idea to put a purchase or two on a card every now and then to prevent it from getting closed due to inactivity and I suspect this will become even more important due to COVID-19 as card issuers try to limit their exposure on cards that aren’t generating any revenue.

Hat tip to reader JBW

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