May 15, 2014, 8:16 am
Last edit by: StartinSanDiego
This thread is now archived. Please follow the topic here: https://www.flyertalk.com/forum/chase-ultimate-rewards/1986148-chase-closed-my-credit-card-account-s-tales-speculation-2019-thread.html
If you feel your account has been unfairly closed, consider filing a complaint with the Consumer Protection Financial Bureau:
CFPB's complaint form: http://www.consumerfinance.gov/complaint/
When someone reports an account closure here, a lot of the same questions get asked. It might be useful to answer some questions in advance. This could help figure out what happened or how to proceed:
2013.9
2013.12 2014.6
http://www.flyertalk.com/forum/chase...ta-points.html
On 1/4/15, LivelyFL noted that 34 posts have referenced account closures (updated 1/25/15):
1, 55, 80, 108, 117, 129, 146, 165, 182, 212, 221, 222, 232, 235, 262, 272, 281, 326, 364, 410, 411, 428, 475, 477, 482, 513, 552, 586, 620, 648, 656, 662, 714, 718, 784 and 815.
Mortgasm provided more detail as follows:
001 - moarmiles little explaination - 'inconsistent spending'
055 - brettskyg chase gift cards tiny ms
080 - Artemk checking chase gift card, tiny MS, international wires, wall-mart BP
108 - TTnc4me (105 actually) no info
117 - rodsren
129 - Kybosh chase gift card checking
146 - mintcilantro - checking 6k/month MS, BB payments from another ss#, some MO/AP, 7new cards in 90days, short cycling
165 - newcomr - checking
182 - thehawk75 - heavy MSw/other banks,
212 - LRD - 2x spend of 20k /month (on two cards), checking
221 - iceman 77_7, no info
222 - jk2 no info
232 - hitman1420 checking , heavy MS activity (no number)
235 - clearlyanewb checking, MS activity (10k AGC and more), light credit history, 10 recent inquiries
262 - brc01 - shortcycling, some MS (18k/month over a few cards), 1
272 - rambo - 70% MS on 5 cards, WM BP of 16k/month on 5 cards
281 - prestonv - heavy MS - 20k/month on multiple chase cards, heavy WMBP (ink stayed open)
326 - pacupgo - false alarm, no shutdown
364 - edh101985 - tiny MS (bonus only) , 4 chase cards in 6 months,
410 - msetr - lots of freedom/ink ms
411 - standaman360 - international wires (business), million dollar balances,
428 - queensgambit - gambling transactions, UR point transfer from SO, 5 chase apps 3 new chase cc in 45 days, Blogger points coach
475 - dogloverjb - checking, international wires,
477 - ftomasz - 14 inquiries in 8 months, 5 chase, minimal MS, rapid upswing in credit, paying from multiple accounts
482 - liw5215 - Heavy MS, re-entered after 13 months
513 - thegasguru - checking, $3k/month MO to checking, NO MS, AP,
552 - LAXtoWorld - 3 cards in 30 days
586 - adavydov7 checking, $1k APs,
648 - CMHFlyerOH - checking, MO, 3k gift cards
656 - I can see for miles - Maxed UR 5x rewards on Freedom and Ink cards. Chased closed all accounts. Was approved for Ritz Carlton card 14 months later and did nothing unusual with it, other than lower CL from 30K to 10K to free up CL for possible approvals. Two subsequent Chase apps (Chase Ink and Marriott Rewards), on separate dates 3+ months later, were declined for a "previous unsatisfactory relationship ..."
662 - frogdog51 - Chase VGCs (Reapproved in 12 months)
677 - Subdawg - closed for piggybacking
714 - Mamibear - 'abuse' redcard MS
718 - maxswanson - MS, 11 chase cards, traded UR, (reapproved after 12 months)
752 - peaser - "reputational risk" associated with the business (decision reversed later)
757 - uncommonsensical checking, 3 Cashier's Check deposits with quick w/d (the w/d were to pay CHASE credit cards! ridiculous 'loss prevention' dept. gods). All CC's closed 2 days later. Tried EX Office- they seem to have zero power once the Mullah in loss prevention has issued a fatwa (my guess: some 27 year old with a god complex).
762 - knopfler - checking closed (all credit cards closed in both mine and Mrs. Knopflers accounts about three weeks after checking closure)
771 - milemonkey - 'reputational Risk" connected to Attorney General lawsuit
784 - unstable one: 2 cash deposits over 10k to chase checking
815 - dukerau - one time UR point sale, 77% spending is 5x,
If you feel your account has been unfairly closed, consider filing a complaint with the Consumer Protection Financial Bureau:
CFPB's complaint form: http://www.consumerfinance.gov/complaint/
When someone reports an account closure here, a lot of the same questions get asked. It might be useful to answer some questions in advance. This could help figure out what happened or how to proceed:
- Did you transfer UR points to someone with a different address? Different last name?
- Did you sell UR points to someone?
- Approximately what percentage of your charges earned less than 5x points in the past 12 months?
- Did a Chase or non-Chase bank recently close one of your credit cards?
- Are you using up a large percentage of your credit line on all Chase and non-Chase credit cards?
- Is your total credit line with Chase much higher than with other banks?
- Did you apply for many credit cards or other forms of credit in the past 2 months? ("Many" may be hard to define.)
- If you have a Chase checking account how much did you typically deposit in money orders per month, if any?
- Did you recently start spending a lot more with Chase than in typical months?
- Is your monthly balance frequently close to your credit limit?
- Approximately what percentage of spending was on gift cards this year?
- How much of your bill do you typically pay using WM or KMart bill payment if any?
- Do you have a Chase mortgage or other account that might be profitable to Chase?
- Has your credit score or credit profile changed recently? As in: significantly more debt, more open credit lines, or a large drop in your credit score?
2013.9
2013.12 2014.6
http://www.flyertalk.com/forum/chase...ta-points.html
On 1/4/15, LivelyFL noted that 34 posts have referenced account closures (updated 1/25/15):
1, 55, 80, 108, 117, 129, 146, 165, 182, 212, 221, 222, 232, 235, 262, 272, 281, 326, 364, 410, 411, 428, 475, 477, 482, 513, 552, 586, 620, 648, 656, 662, 714, 718, 784 and 815.
Mortgasm provided more detail as follows:
001 - moarmiles little explaination - 'inconsistent spending'
055 - brettskyg chase gift cards tiny ms
080 - Artemk checking chase gift card, tiny MS, international wires, wall-mart BP
108 - TTnc4me (105 actually) no info
117 - rodsren
129 - Kybosh chase gift card checking
146 - mintcilantro - checking 6k/month MS, BB payments from another ss#, some MO/AP, 7new cards in 90days, short cycling
165 - newcomr - checking
182 - thehawk75 - heavy MSw/other banks,
212 - LRD - 2x spend of 20k /month (on two cards), checking
221 - iceman 77_7, no info
222 - jk2 no info
232 - hitman1420 checking , heavy MS activity (no number)
235 - clearlyanewb checking, MS activity (10k AGC and more), light credit history, 10 recent inquiries
262 - brc01 - shortcycling, some MS (18k/month over a few cards), 1
272 - rambo - 70% MS on 5 cards, WM BP of 16k/month on 5 cards
281 - prestonv - heavy MS - 20k/month on multiple chase cards, heavy WMBP (ink stayed open)
326 - pacupgo - false alarm, no shutdown
364 - edh101985 - tiny MS (bonus only) , 4 chase cards in 6 months,
410 - msetr - lots of freedom/ink ms
411 - standaman360 - international wires (business), million dollar balances,
428 - queensgambit - gambling transactions, UR point transfer from SO, 5 chase apps 3 new chase cc in 45 days, Blogger points coach
475 - dogloverjb - checking, international wires,
477 - ftomasz - 14 inquiries in 8 months, 5 chase, minimal MS, rapid upswing in credit, paying from multiple accounts
482 - liw5215 - Heavy MS, re-entered after 13 months
513 - thegasguru - checking, $3k/month MO to checking, NO MS, AP,
552 - LAXtoWorld - 3 cards in 30 days
586 - adavydov7 checking, $1k APs,
648 - CMHFlyerOH - checking, MO, 3k gift cards
656 - I can see for miles - Maxed UR 5x rewards on Freedom and Ink cards. Chased closed all accounts. Was approved for Ritz Carlton card 14 months later and did nothing unusual with it, other than lower CL from 30K to 10K to free up CL for possible approvals. Two subsequent Chase apps (Chase Ink and Marriott Rewards), on separate dates 3+ months later, were declined for a "previous unsatisfactory relationship ..."
662 - frogdog51 - Chase VGCs (Reapproved in 12 months)
677 - Subdawg - closed for piggybacking
714 - Mamibear - 'abuse' redcard MS
718 - maxswanson - MS, 11 chase cards, traded UR, (reapproved after 12 months)
752 - peaser - "reputational risk" associated with the business (decision reversed later)
757 - uncommonsensical checking, 3 Cashier's Check deposits with quick w/d (the w/d were to pay CHASE credit cards! ridiculous 'loss prevention' dept. gods). All CC's closed 2 days later. Tried EX Office- they seem to have zero power once the Mullah in loss prevention has issued a fatwa (my guess: some 27 year old with a god complex).
762 - knopfler - checking closed (all credit cards closed in both mine and Mrs. Knopflers accounts about three weeks after checking closure)
771 - milemonkey - 'reputational Risk" connected to Attorney General lawsuit
784 - unstable one: 2 cash deposits over 10k to chase checking
815 - dukerau - one time UR point sale, 77% spending is 5x,
Chase closed my credit card account(s) [Archived 2013-mid 2019]
Sep 11, 2018, 2:56 pm
#2371
Join Date: May 2013
Posts: 378
Sep 14, 2018, 2:45 pm
#2372
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,047
Any guesses on this guy?
https://www.businessinsider.com/myst...old-why-2018-9
I'm thinking it's green card + fine = shutdown.
Or, he's up to something that he didn't disclose. I don't know how deep of a probe BI gave him.
https://www.businessinsider.com/myst...old-why-2018-9
I'm thinking it's green card + fine = shutdown.
Or, he's up to something that he didn't disclose. I don't know how deep of a probe BI gave him.
Sep 14, 2018, 3:01 pm
#2373
Join Date: Apr 2014
Programs: Coffee Shop Buy 10 Get 1 Free
Posts: 295
Source: https://www.justice.gov/opa/pr/elect...ct-allegations
Sep 14, 2018, 3:11 pm
#2374
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,047
Im going to go with this guess, BI didn't mention he was personally named in the DOJ settlement "....and Project Managers Bryan Sequeira, and Robert Lynes will each pay $15,000"
Source: https://www.justice.gov/opa/pr/elect...ct-allegations
Source: https://www.justice.gov/opa/pr/elect...ct-allegations
A handful of employees, including senior executives, also agreed to pay settlements to avoid potential litigation and resolve personal liability while denying wrongdoing. Sequeira, a product manager, was among them.
Sep 14, 2018, 3:12 pm
#2375
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,047
There's also this, though:
Additionally, Sequeira wasn't the only person named in the eClinicalWorks settlement who has Chase credit cards, yet he says colleagues told him they haven't had the same experiences with Chase.
Sep 14, 2018, 3:14 pm
#2377
Join Date: Apr 2014
Programs: Coffee Shop Buy 10 Get 1 Free
Posts: 295
Ah missed that as I skimmed it, my bad.
Sep 15, 2018, 9:34 am
#2378
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
Sequeira may not be informed of others' shutdowns. Not everybody necessarily shares that news, not even with close colleagues. And he certainly cannot know whom Chase will shut down in the future.
RNE, but I know that Chase will shut me down in June of 2033 after my arrest for trafficking in yttrium isotopes in Elon Musk's Martian colony.
RNE, but I know that Chase will shut me down in June of 2033 after my arrest for trafficking in yttrium isotopes in Elon Musk's Martian colony.
Sep 15, 2018, 6:09 pm
#2379
Join Date: Apr 2014
Posts: 540
Any guesses on this guy?
https://www.businessinsider.com/myst...old-why-2018-9
I'm thinking it's green card + fine = shutdown.
Or, he's up to something that he didn't disclose. I don't know how deep of a probe BI gave him.
https://www.businessinsider.com/myst...old-why-2018-9
I'm thinking it's green card + fine = shutdown.
Or, he's up to something that he didn't disclose. I don't know how deep of a probe BI gave him.
Frankly, I'm also surprised this guy would volunteer to do this article and alert other creditors of his event. One would think that he'd just pay the fine and be as under the radar as possible.
Sep 17, 2018, 1:40 pm
#2381
FlyerTalk Evangelist
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
My 2 cents tell me that this Sequeira got what he deserved. Although there could be more reasons, but just looking at the case alone, I believe it is sufficient for a shut down.
FCA is not your typical law of disputes, but a law to fight against fraud against the U.S. Government, both criminal and civil. Many entities have been sued and settled for FCA before. But when an individual, like Sequeira in this case, to be named in the settlement, even not being liable officially, you can't say such individual has absolutely no involvement. Also - what makes this even more complicated is Sequeira is an employee, rather than the executive. So it is difficult to say Sequeira's role in this FCA claim is small (otherwise, the company's should have absorbed Sequeira's wrongdoings).
Because Sequeira's case involves the issue of honesty, Chase is within its rights to exercise the termination clause unilaterally.
FCA is not your typical law of disputes, but a law to fight against fraud against the U.S. Government, both criminal and civil. Many entities have been sued and settled for FCA before. But when an individual, like Sequeira in this case, to be named in the settlement, even not being liable officially, you can't say such individual has absolutely no involvement. Also - what makes this even more complicated is Sequeira is an employee, rather than the executive. So it is difficult to say Sequeira's role in this FCA claim is small (otherwise, the company's should have absorbed Sequeira's wrongdoings).
Because Sequeira's case involves the issue of honesty, Chase is within its rights to exercise the termination clause unilaterally.
Sep 17, 2018, 2:15 pm
#2382
Join Date: Aug 2017
Posts: 1,610
So far we have had a grand total of one datapoint in this thread/elsewhere of someone who was able to re-apply and get approved after a shutdown.
Are there any more? There's been enough time passed that some shutdown folks might be retrying their luck again?
Are there any more? There's been enough time passed that some shutdown folks might be retrying their luck again?
Sep 17, 2018, 4:39 pm
#2383
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
My 2 cents tell me that this Sequeira got what he deserved. Although there could be more reasons, but just looking at the case alone, I believe it is sufficient for a shut down.
FCA is not your typical law of disputes, but a law to fight against fraud against the U.S. Government, both criminal and civil. Many entities have been sued and settled for FCA before. But when an individual, like Sequeira in this case, to be named in the settlement, even not being liable officially, you can't say such individual has absolutely no involvement. Also - what makes this even more complicated is Sequeira is an employee, rather than the executive. So it is difficult to say Sequeira's role in this FCA claim is small (otherwise, the company's should have absorbed Sequeira's wrongdoings).
Because Sequeira's case involves the issue of honesty, Chase is within its rights to exercise the termination clause unilaterally.
FCA is not your typical law of disputes, but a law to fight against fraud against the U.S. Government, both criminal and civil. Many entities have been sued and settled for FCA before. But when an individual, like Sequeira in this case, to be named in the settlement, even not being liable officially, you can't say such individual has absolutely no involvement. Also - what makes this even more complicated is Sequeira is an employee, rather than the executive. So it is difficult to say Sequeira's role in this FCA claim is small (otherwise, the company's should have absorbed Sequeira's wrongdoings).
Because Sequeira's case involves the issue of honesty, Chase is within its rights to exercise the termination clause unilaterally.
Sep 17, 2018, 4:43 pm
#2384
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
Scrutinizing and criticizing what the banks are doing in the pursuit of their self-interest is entirely deserving of public discussion, review and governmental oversight (jokingly poor as the governmental oversight has been is in this regard too). To indicate that Chase is using court records and other material in the public domain to can some clients in the US is not alarmist, it's a fact.
Last edited by GUWonder; Sep 17, 2018 at 5:02 pm