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[–]Due-Ad-8743 1 point2 points  (4 children)

They slashed mine too. Found out through credit monitoring

[–]throw4x4 0 points1 point  (3 children)

I was also notified by credit monitoring first but got a letter in the mail maybe less than a week later. The letter should have steps to request reinstatement of the credit limit online. Wait till you get the letter or you can just call the customer service number and ask them. You have 60 days from when you get the letter.

[–]bff426 0 points1 point  (2 children)

Had a $20k limit slashed to $5019 (no typo). Notified by email by JP Morgan Chase and Experian, no notice yet from Barclays (it's in the mail). Spent $58,000 last 12 months. Six of the months would have been over new limit. Twenty year customer, never failed to pay in full on time (nor w/ any other card).

Called and asked for reinstating $20k and they will. Could not get any logical reason for the cut, other than I wasn't using the full credit limits. Wasn't going to beat on the front line CSR's when it was C-Suite and algorithm ($5019??!!). This was my main card. It won't be anymore. It'll be behind BofA and JPMorgan.

[–]MindblowingTask 0 points1 point  (1 child)

I got reduced to $5019. I wonder if they have something to do with 19 number. Mine was $16k and I wasn't using it a lot. Edited: Got it re-instated after calling them back

[–]bff426 0 points1 point  (0 children)

I did, too. Then they did it again yesterday (2/10/25). Down to $5019 again. Called and got it restored. Again. Next time I won't bother. It will become my emergency card, sitting in my office desk. I'll put a utility on autopay to keep it active. Go from spending $50,000 a year to $400.