Best Buy/Wichita we have been customers for over five yrs and have ordereded thousands of dollars in stuff for christmas and we went were sent a new card a few weeks ago and told to activate it we needed to call un be wichita, Kansas

We've had ole reliable credit cards that were rarely used for years and all of a sudden were cancelled for non use. But those were mainstream MC and Visa cards, not a store card.

It seems weird to me that Best Buy would cancel such a card used within a year, even if not within half of one. It's not like someone is likely to purchase electronics or whatever else they sell on a regular basis. And maybe short sighted policies like whatever led them to close this account, together with the other customer relations posted here regularly, don't auger well for their future.

But, no, although it may be an inconvenience it was not a ripoff.

That's not a ripoff, that's just the way most credit card issuers handle idle accounts now.

First of all this is not a RipOff.  Creditors will re-evaluate accounts on a regular basis.  During their last evaluation they determined that you no longer met the current guidelines for credit so they closed your account.  When you went to re-open your card, under the new terms you only qualify for a $500 credit limit.  This is their money and if they want to allow you to only borrow $500 or $5,000 that is their choice.

As for finding financing elsewhere.  If you were ALWAYS able to pay it off in 6 Months, just save your cash and have "Christmas in July" next year.  Oh you don't want to pay cash, well no one on a PUBLIC web site is going to say that you can be guaranteed a certain credit line at a certain store.  Not only because no one knows your EXACT situation, but there are several variables that a store will use as to determining not only if they will approve you at all but the limit they provide.