FlyerTalk Forums - View Single Post - Chase closed my Sapphire Preferred account due to transfers to other UR accounts.
Old Oct 12, 2012, 8:55 pm
  #7  
windcloud5
 
Join Date: Aug 2011
Location: Chicago
Posts: 231
Originally Posted by cswarthout
Seems due to Ultimate Rewards transfers from my family members has resulted in Chase canceling my Sapphire Preferred Card. All of my other cards remain open but I am wondering if anyone has any advice on what to do (if anything) and just a warning that apparently transferring points to another person's account could result in account termination.

The agent made it clear that they would NOT reconsider reopening the account, and that they stated in the T&Cs that I could only transfer to and from my spouse and no one else. Unclear whether my points will be forfeited, but I have transferred them out to Hyatt & United and hope they won't be confiscated.
My friend just had his SP shutdown by chase. Chase left other cards of his active. It seems like chase is opening the floodgate with SP users now. However, my friend was guilty as charged.
windcloud5 is offline