FlyerTalk Forums - View Single Post - why did chase shutdown my checking acct?
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Old Jan 14, 2015 | 9:49 am
  #4  
Soccerdad1995
 
Join Date: Feb 2014
Programs: UA Plat, SPG Gold, Marriott Gold
Posts: 677
Originally Posted by TMM1982
Not possible. What happens when Robert Downey Jr. deposits a $30 million check at his local Chase branch? They shut him down? I think not.
Entirely possible. Maybe not for RDJ, but definitely possible for a random poster on FT. Chase is hyper-aggressive in shutting down checking accounts for a multitude of reasons, including but definitely not limited to the following:

Too many "large" cash transactions (deposits or withdrawals)

Accessing a safe deposit box too frequently

A business customer legally operating in an industry they do not like (porn, gambling, firearms, legal marijuana retailer, etc)

A personal customer known to be employed in any of the above industries
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