Skip to content

Forgot To Think

Interesting Stories From All Over The World

Menu
  • About Us
  • DMCA/Removal
  • Privacy Policy
  • Submit Content
Menu
credit card limit increase

Man Gets Denied For A Credit Increase And Gets His Revenge In Hilarious Fashion

Posted on March 13, 2018 by Sasha

I’ve had a credit card with the same company for years. It was my first card and only has a $300 limit. As I got older and my expenses got larger, it became apparent that $300 wasn’t a lot of room to work with.

I received a letter in the mail from CC company saying “you’re pre-approved… credit increase… etc.”

I went into the local branch and spoke with the teller, asking for an increase of my credit limit. When speaking with them, I was very clear that I didn’t want any hard inquiries on my credit report; to which they assured me I wouldn’t receive any hard inquiries (I didn’t want a hard inquiry hit on my credit report because too many of them look bad to creditors and can lower your score).

Under the assumption I’d have no negative side effects (silly me), I asked for a credit increase.

2 days later I get a letter saying more or less that I’ve been denied. I check my credit score and what do you know? I’ve got a hard inquiry.

The revenge:

First, I paid off my card so there was no balance, thereby cutting any profit they’re making off of me in the form of interest.

Second, I took all of my money out of checking, left $1 in savings (so they can’t completely close my account), and moved it to a competing bank.

Third, and ongoing revenge: Every three months, I’ll charge something on the card, and then overpay; leaving my account with a small balance of – $0.39. If you leave a negative balance for too long, eventually the CC company must mail you a check for whatever amount you overpaid.

It warms my heart getting a check for $0.39 every couple of months, knowing it cost the CC company more than that to process the refund and mail me a check for that amount.

I pay off the balance right away so that CC company doesn’t get to charge me interest (since there’s no balance).

The CC company in question is U.S. Bank.

I know this doesn’t hurt the company in the slightest, but it makes me feel good and isn’t that what life is all about?

If you know someone who might like this, please click “Share!”

©2023 Forgot To Think | Design: Newspaperly WordPress Theme
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT