Originally Posted by
bklgafly
.... nor am I doing something that is against the terms of the card.
It sounds as if you are, because you agreed to this statement when you opened the account:
you agree that the card is being used only for business purposes . I am not saying that Chase typically cares how business cards are used, but if they were looking to justify a shutdown this would be a reason.
Originally Posted by
jeanie
....shut down by putting too many gift cards on their credit card account. On FlyerTalk, it is called MS - manufactured spending. ....]
Buying gift cards alone is not manufactured spending. MS only occurs if the cards are subsequently liquidated for money. Typically this involves purchase of VISA or similar cards. It sounds as if
bklgafly intends to buy merchant gift cards and redeem them for goods or services to be used in the renovation. I would call this
category shifting. Chase still may not like it, but it doesn't represent the same credit risk.