37 years with Barclaycard, held a Platinum card with £10,000 plus credit available. never missed a payment, last payment in November over £4,000 ! I have assets of over £400,000. Received a letter on Xmas eve ( 24/12/21 ) Advising my credit limit had been reduced to £600 ! With effect from 22/12/21 ! To say I was upset is an understatement, I phoned Barclaycard and to my amazement eventually got through at 4:25pm Xmas eve. I spoke to a very polite guy called Nigel, who said he was going to speak with the decision team. He came back and said the decision to reduce the card stood ! It was not negotiable, and if I wanted to apply to have the limit increased I should contact them in 6 months time ! And I told him that would never happen. Pre Covid I have used the card all over the world. I only have the one card and the Barclays Bank account, both in force 37 years. I recently paid off my mortgage with Barclays Bank ( Oct 21 ) They held my former business account for 10 years. I have on deposit at Barclays Bank many times the card credit limit. I represent no risk to Barclaycard whatsoever ! Why the reduction? They have adversely affected my credit rating for what reason I do not know 🤷‍♂️ My advice is don’t bother with Barclaycard, ever. They are a joke company who have no idea about lending risk. If I were lending money I’d want my business 100%