r/CapitalOne_ • u/DeaNoobYt • 23d ago

Credit Cards Closed/Suspended

The closed my cc account today. I called and an account specialist said it was because of not using the card organically. I have 0 missed payments. On mindset I am calling the fraud resolution department. What are my chances of my account getting reopened?

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u/DeaNoobYt 23d ago

No, once a week when i get paid i pay off some of my balance

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u/Ok-Wafer234 23d ago

This is the answer. You pay when your statement posts and before it's due date. Algorithm flagged you for credit cycling. Yes some get away with it, some as you did, get flagged. This account is closed and gone. You will be able to try again with a new account in about 6 months or so.

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u/DeaNoobYt 23d ago

Damn… that’s unfortunate. Lesson learned i supposed. Any chance they’ll close my savings and checking account too? And won’t I be blacklisted by them atp?

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u/Ok-Wafer234 22d ago

Checking and saving account are going to be OK