I am sorry to hear your horror story with Chase. Yes - there have been reports on FT about their Chase accounts being closed suddenly because of "unusual activities". I always advocate to be very conservative with Chase and not do anything that could in any way trigger a red flag. Many people do not listen to it. You may not have read this thread long enough and unfortunately have become the newest "victim" of Chase's dislike of unusual activities.

When Chase closes out the accounts, a lot of times they also close out the credit cards. If Chase has not done that to you, count yourself lucky. Chase has a lot of travel cards we like - BA, Priority Club, Hyatt, CO, etc. For those who have been put into Chase's block list, nobody has ever (at least no one has reported here) come out clean and opened another account with Chase. They are esentially shut out of all the goodies Chase has.