mintcilantro -

Any deposit accounts with Chase?

Come to think of it, this could be a problem. I had been making payments with bluebird accounts that are not in my name.

I haven't done any walmart bill pay. Other payments were ACH pull from non-chase accounts.

chase was my primary checking for salary DD. I had made occasional cash and MO deposit but had not done anything in last few months. I did have some AP DD into chase. I also used to receive chase quick pay from AP friends.

are we at a point where 6k/mo in 5x is getting us shut down :confused:

Depends on the cardholder and their spending pattern. It's entirely YMMV.

Did you mix the office supply purchases with regular 1x spend?

In the last couple of weeks I've come across two different posts saying they got trouble for Ink Bold office spending, though in those cases they were just denied more cards and one also had many other accounts. This is the first report I've seen of a closure.

Wonder if Chase is starting to crack down...

I agree.. I thought I was ok since my card had been open for > 1yr, and I had primed it with gas station spend. My oldest card with them is close to 6 years.

I took too many chances.. too many new accounts. mostly 5x spend, and wasn't really using my other chase cards and balances were reported on other accounts.

Thank you for your timely reply. Not too many people have gotten in trouble for Inking gift cards in the past from what I can tell, so I don't think your actions were that crazy. Sorry that you got targeted.

I'm starting to think that the pattern is, ANY MO deposits at all are suicide at Chase.

Is your Chase checking still open, or did that get closed also or earlier?

I have rental properties and get several MO's every month. MO's, for me, are quite normal and commonplace. The volume is not huge (in MS terms, that is...), just a few thousand per month. I never gave this a thought until reading FT.

If you don't mind me asking-- did you have any odd experiences at Chase? Like a teller that seemed to think this was out of the ordinary and requested an FR? What was your volume?

My total MO deposits to chase are no more than 5k total. I used other accounts for depositing MO. I would only deposit to Chase in case i was going to have a shortfall for an upcoming payment and the deposits were done at ATM. My cash deposits were 1k to 2k at a time and no more than once or twice a month. Never got an odd look from anyone.

I had read all the warning posts and had moved majority of MS activitiy away from chase checking. What probably happened was my high office supply spend caught their eye and the manual review uncovered my MS.

I'll never know what happened but that's what I think. I think most people be careful of following activities
- AoR with too many cards. Unfortunately I opened 7 cards in last 3 months (due to citi aa 100k appearing just after my 5 app aor).
- pay off balances as soon as you can (I did this with chase but not with other issuers)
- spending more than CL esp in bonused categories
- checking account activity that can give any whiff of MS (AP, quick pay, cash/MO deposits, payments to multiple CCs)
- payments to Chase CCs in cash/MO or from accounts not in your name (e.g. BB that's not your own).


I think if you are doing only one or two of above, it will not likely cause problems. But if you get caught with multiple of those, you could get in trouble.

Ultimately, this is all speculation but it pays to be careful with Chase. Don't ask for large sample sizes and data points. It is common sense that I didn't follow.

I'm glad I took advice from other FTers and didn't close my citi AA cards after getting the 100k bonus. You can do that successfully but it is asking for trouble. Now, I'm counting on Citi/Amex for my churning, so I will not be too aggressive with them

Correct me if you think I am wrong, but I am pretty sure that once card is issued, they only look at your Chase activities. They can't pull your credit every month to see how you are doing with other banks.

So, account closures has to do with Chase activities - CC payment, MO deposits, etc.

they can perform soft pulls anytime they want and most cc issuers do this periodically

With whom? What do you mean by the bolded?

I spend 2500 on phones which also has 5x every month no problem

Hi, a new lurker here. I was told by Chase Fraud Prevention (not operational loss) that they will close my checking account. From what I read above it seems likely that they will eventually close my credit cards too... Can someone please explain the sequence of typical Chase shut down event?

Specifically,
A) Is it 10 'calendar' or 'bank business' days after the checking account freeze that the checking account will be closed?
B) Do credit card freezes start on the day of checking account closure? Or some days later?
C) How many days do they give for me pay the card balances without interest?
D) UR points will not be redeemable at any point after card freezes - correct?

Thanks!