I moved some UR points today from my business to personal card. When I got to the confirmation screen, I was rather surprised by a prominent warning (below). Maybe it's not a new feature and was discussed somewhere on this forum, but i haven't noticed it before.
Combine points with other Chase cards with Ultimate Rewards
You can move points to another Chase card with Ultimate Rewards belonging to you, your spouse, or domestic partner. If we suspect that you've engaged in fraudulent activity related to your credit card account or Ultimate Rewards, or that you've misused Ultimate Rewards in any way (for example by buying or selling points, moving or transferring points with or to an ineligible third party or account, or repeatedly opening or otherwise maintaining credit card accounts for the sole purpose of generating rewards) we may temporarily prohibit you from earning points or using points you've already earned. If we believe you've engaged in any of these acts, we'll close your credit card account and you'll lose all your points.
The threat of point confiscation sounds pretty nasty, especially following a rather routine transfer. And what's wrong with "maintaining credit card accounts for the sole purpose of generating rewards"? For what other purpose should we maintain their UR-earning accounts -- running up interest charges?