Originally Posted by
flyershmlyer
There's no $200. If he paid off 20K already on chase, then chase will mail him back 19.8K. If he hasn't, he'll need to pay $200 on a closed account.
Plus, you and mamibear need to let it go. it's a dead horse now.
This is the first time public DP that someone's accounts are shut down by Chase due to CC funding for bank account deposit. Obviously Chase feels the funding is essentially Cash Advance but not paying the bank Cash Advance Fee. Else, why would Chase be bothered, after all his CL is big enough to support the 20K as he mentioned about "insane" CL.
I think we have a good reason to be curious on HOW Chase handles this type of situation - this is a pseudo Cash Advance but bypass the cash Advance fee and such - so how Chase would ultimately treat this is of keen interest to those who want to learn more.
Just what is this being a problem to you that some of us want to know about how Chase would eventually handle the quasi Cash Advance?