FlyerTalk Forums - View Single Post - Chase closed my credit card account(s) [Archived 2013-mid 2019]
Old Apr 22, 2014, 10:52 pm
  #255  
josephstern
FlyerTalk Evangelist
 
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,026
Originally Posted by mileshound
The biggest fear Chase has is regulators and not your UR balance. Banking is facing more and more regulations ans scrutiny. Regulators are on site often. Also, the flow of CC to BB to your checking account back to the CC to pay the balance gets too close to money laundering for their comfort.

IMO, the profit aspect of this is non existent.
So then when they shut you down, why do they take away your points?
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