Not the first report of a Chase shutdown because of "suspicious" checking/savings account activity, regardless how innocent it actually is. Chase, like many banks anymore, is trigger happy.
RNE, noting that I don't bank where I card.
My note no longer applies. I now
do bank where I card, i.e. JPMCB
Let me explain. I recently opened a Chase checking account, not for the cash bonus, though I certainly made sure to reap that, but because my main bank is a regional (FGBM). And if it goes under, how long will I wait (days? weeks?) for the FDIC to make me whole? I still have money in that regional, but now I also have a substantial portion of just-in-case money with Chase, a safe haven.
RNE, opining that if JPMCB goes belly-up, the entire economy has collapsed.