I've already been giving the teller my DL or bank debit card for ID when making payments in-branch. Maybe that's why I haven't received a letter. It's a habit that I always give them some sort of ID at banks. I also don't abuse Chase cards and my ink gets real office supply purchases as well as cell/internet recurring charges. I keep Chase happy. I have a great mortgage with them at 3.5%/30yrs I got when the mbs market bottomed out. It was a refi. Yet, they still send me letters to refi "to get a better rate". I don't think they'll beat what I already have.

What we really need is for Congress, and a willing administration, to loosen the noose around institutions. Regulations have swung too far and need to be brought back to reality. I'm thinking that's really what's going on with all the bank shutdowns and limitations. It maybe is message being sent to voters to influence votes to get a new administration that is more pro-market and to get some of Dodd-Frank repealed. Banks aren't allowed to be as competitive like they used to be. Remember when banks would promote convenience check offers of 0% interest + 0% fees for 18 months? Those type offers were limited by Dodd-Frank. Those regulations forced banks to charge fees, so if you do get an offer of 0% for x months they still have to charge you a transaction fee when using a convenience check from your cc. Congress, at that time, acted like it was to help consumers, but it hurt the good consumers who always pay their bills. I'm strictly independent, but I will be voting for my wallet and that means someone willing to get some of the over-regulations fixed, whomever that is. ML fear has gone too far. Chip cards and mobile payments with fingerprint enabled phones (like Apple Pay) will greatly reduce fraud. I hope Apple Pay, banks and retailers will allow gift cards to be loaded to phones so we can use our phones instead of cards for purchases, but retailer will have to fork out money to get those POS readers. That will also limit fraud because thieves can't use your phone without your fingerprint. Sorry for the long read.