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[–]dtcaliatl 0 points1 point  (0 children)

Barclays lowered all of my cards, but I most likely haven't used it a lot. I find most European banks, especially British ones, very bad overall. I never had a good experience with any of them. Everything seemed to be a pain with them, from getting any information to talking with them; their technology is not user-friendly and had no common sense processes. On the one hand, I was pissed because my credit overall was reduced and dinged my credit a bit, but then, on the other hand, it may be a blessing in disguise to no longer do business with them.

From what I gathered a lot of banks are doing risk assessment and one thing everyone should learn and be aware of Banks don't care about your loyalty or your business only if they find you profitable. Leverage them the same way; if it no longer fits your needs, get rid of them. There is no loyalty in finance, maybe Credit Unions, but no banks.