Originally Posted by
Matt4200
… let’s say you have a 28k limit if you utilize 25.5k to pay your taxes or even worse to pay them then expect a refund Chase can and will take that as a negative sign they can and have shut people down by closing all their accounts with no recourse. It’s not a matter of paying it back it’s a matter of utilization in their eyes. I’ve seen friends and family do similar things and Chase closed all their accounts even though they paid off the card in full. …
There are multiple things referenced in the quote above that Chase supposedly could take as a negative sign. Is it using 91% of credit limit to pay taxes? Is it paying taxes with the expectation of a refund (although how could Chase possibly know that)? Thank you.