My account was restricted, I called capital one they said I didn't use the card on personal level so they are closing the account.
I was getting 4% back on rewards for entertainment and I was using about 15k+ a month only on entertainment.
They said I will still get my $300 in rewards as a statement credit.
I asked if I can close the card now they said the closer is already in process so I can't close the account.
I opened the card in November.
My credit score is 805.
What should I do?
How will this effect my credit score?
Thank you