Hi all,
I have the BP credit card from FNBO, which I use for gas to get 15¢ off per gallon. I opened it in July, when I started my job.
I’ve been an authorized user on my parents’ Amex and BP cards since 2020, both paid on time for 3 years. After graduating and getting my job, I got my own accounts. Since I opened it, I’ve never missed a payment.
3 weeks ago, my BP card was declined at the pump. FNBO says they put a random hold on accounts for review, promising to clear it in a week. They don’t clear it for 3 weeks and then close my account without notice, citing “unnecessary risk and exposure to the bank.” My limit is $5,000, I never use more than $200 per billing period, and I always pay in full.
Now, my credit score drops, and it will drop again when I apply for a new gas card. Has anyone experienced this?
My parents haven’t, and I’m unsure what to do.