Originally Posted by
gw14
Return payment got eyes on your account and activity.
The call brought more eyes on your account and activity.
It's probably being reviewed in their risk department. I would move the 2 million UR in P1 somewhere quick. "P2 has been MSing 100k per month for 3 years", move P2's UR somewhere quick. Anticipate account closures on P2 and P3.
I would save your asset and not worry about getting more accounts with Ch@se.
Originally Posted by
Mamibear
I concur; I've read DPs that Chase is very sensitive to return payments, even if made just once. First and foremost, save your hard earned assets with the grace period given to you.
OP, weigh carefully if you'd rather cash out $20K or move pts to P2 or P3 and put eyes on their accounts, putting them at risk for shutdown. If ya'll are in the same household, it is possible P2 and P3 accounts are already being reviewed and may be next in the chopping block. Despite the shutdown, be glad it's not like Citi where I've read DPs that it forfeits rewards earned when they close account(s).
BUT, WHY the payment is returned? Poster said TD showed the fund was cleared and Chase showed fund was received. Would it be the timing issue that his accounts were already in the process of being shut down when the payment was sent from TD?
I am at a loss why the payment is returned after 3 days.
It is not like OP has not had enough funds in his TD account. My guess is, his accounts have already been under review when he cycled his CL rapidly and made 4 or more payments to his accounts on the Hyatt card. Unless he actually did not have spare funds in his TD account but relied on deposits to clear to meet the payment - if that is the case, then it is playing with fire because the deposit could be withheld pending review before it is made available... If you dont have the means dont play the scale. That is what it boils down to.