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 18, 2018, 1:33 am
#2386
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
The company absorbed all claims made against the named non-executive employee on the matter. It's not unheard of in False Claims Act cases for the government to try to hammer on lower level employees of a target in order to get the lower level employees to squeal more on higher level employees/executives.
At the minimum, DOJ's press release is clear on the fact that Sequeira is explicitly named as a party to the settlement, even Sequeira is not a named defendant. While it is potentially possible that the company paid for the settlement, it does not sound like to me that the company absorbed all claims, at least in the perspective of the U.S. Government.
It is more common that you think. Chase simply takes things to the next level.
Oct 3, 2018, 11:14 am
#2387
Join Date: Jan 2006
Posts: 43
Anyone have shutdown issues after getting referral bonuses for new card applications? The terms usually say referrals are supposed to be for friends and family but I see people putting their referral links all over websites, blogs comments sections, etc...
Oct 3, 2018, 12:54 pm
#2388
Suspended
Join Date: Oct 2017
Location: Miami, Florida
Programs: AA ExPlat, Hyatt Globalist, IHG Spire, Hilton Gold
Posts: 4,009
There's really no way for Chase to know if someone is a friend or not.
Oct 3, 2018, 1:22 pm
#2390
Suspended
Join Date: Oct 2017
Location: Miami, Florida
Programs: AA ExPlat, Hyatt Globalist, IHG Spire, Hilton Gold
Posts: 4,009
Oct 3, 2018, 1:25 pm
#2391
Join Date: Jul 2011
Location: Sunny AZ
Programs: HH Diamond, Sixt Platinum, IHG Spire Ambassador, Marriott/SPG Gold .....
Posts: 3,210
Aren't we all friends here?
Oct 3, 2018, 2:18 pm
#2392
Join Date: Jun 2002
Location: California USA
Posts: 652
Contact Executive Offices.
Oct 6, 2018, 4:02 am
#2394
Join Date: Sep 2018
Posts: 80
I just learned about the shutdowns just a few hours ago, so I am now scared I am going to be targeted for this. I am frantically reading looking for DP hoping to see what I can do and to determine if I am already headed to the chopping block.
I applied to 4 cards last month. 2 cards with other 2 banks and 2 with chase (2 hotel cards). I do not do MS or any weird stuff. The craziest thing I have done is to pay my mortgage (via mortage institution's website 2.9% fee) in order to meet the minimum spend of one of the chase cards. Oldest account is about 8yrs and avg age (before these 4 cards) is about 3 or 4yrs.
Important fact (i think): Only the first account of the 4 I opened has shown on my TU report at this point. The other 3 have not shown yet. Chase cards were the last 2 I applied to. At the moment I applied to chase, NONE had shown in my CR but the credit inquiries where there of course.
These 4 cards brought me to 6/24: 3 of those with chase. I have 9 total cards, a mortgage and auto lease payments. Everything with perfect record...
I am 6TU / 7EX / 7EQ for credit checks. 4 of these were for mortgage shopping about 4 months ago.
My main concern my available CL increase on this month ("increased exposure" from the bank point of view). These 4 new cards represent more CL than I had before in my older 5 cards. I am thinking in lowering the CL of the 3 cards that have not shown in the report yet. On the other hand, I dont know if calling chase to lower my CL on the 2 new accounts would just add eyes to my accounts (I already reduced my cash limit to $100 earlier today which I feel probably brought unwanted attention)
any help appreciated.....
Thanks
I applied to 4 cards last month. 2 cards with other 2 banks and 2 with chase (2 hotel cards). I do not do MS or any weird stuff. The craziest thing I have done is to pay my mortgage (via mortage institution's website 2.9% fee) in order to meet the minimum spend of one of the chase cards. Oldest account is about 8yrs and avg age (before these 4 cards) is about 3 or 4yrs.
Important fact (i think): Only the first account of the 4 I opened has shown on my TU report at this point. The other 3 have not shown yet. Chase cards were the last 2 I applied to. At the moment I applied to chase, NONE had shown in my CR but the credit inquiries where there of course.
These 4 cards brought me to 6/24: 3 of those with chase. I have 9 total cards, a mortgage and auto lease payments. Everything with perfect record...
I am 6TU / 7EX / 7EQ for credit checks. 4 of these were for mortgage shopping about 4 months ago.
My main concern my available CL increase on this month ("increased exposure" from the bank point of view). These 4 new cards represent more CL than I had before in my older 5 cards. I am thinking in lowering the CL of the 3 cards that have not shown in the report yet. On the other hand, I dont know if calling chase to lower my CL on the 2 new accounts would just add eyes to my accounts (I already reduced my cash limit to $100 earlier today which I feel probably brought unwanted attention)
any help appreciated.....
Thanks
Last edited by jrc87; Oct 6, 2018 at 4:22 am
Oct 6, 2018, 5:50 am
#2395
Join Date: Sep 2011
Posts: 1,857
Cool off on the applications for a few months.
Oct 6, 2018, 6:51 am
#2396
Join Date: Jul 2011
Location: Sunny AZ
Programs: HH Diamond, Sixt Platinum, IHG Spire Ambassador, Marriott/SPG Gold .....
Posts: 3,210
I just learned about the shutdowns just a few hours ago, so I am now scared I am going to be targeted for this. I am frantically reading looking for DP hoping to see what I can do and to determine if I am already headed to the chopping block.
I applied to 4 cards last month. 2 cards with other 2 banks and 2 with chase (2 hotel cards). I do not do MS or any weird stuff. The craziest thing I have done is to pay my mortgage (via mortage institution's website 2.9% fee) in order to meet the minimum spend of one of the chase cards. Oldest account is about 8yrs and avg age (before these 4 cards) is about 3 or 4yrs.
Important fact (i think): Only the first account of the 4 I opened has shown on my TU report at this point. The other 3 have not shown yet. Chase cards were the last 2 I applied to. At the moment I applied to chase, NONE had shown in my CR but the credit inquiries where there of course.
These 4 cards brought me to 6/24: 3 of those with chase. I have 9 total cards, a mortgage and auto lease payments. Everything with perfect record...
I am 6TU / 7EX / 7EQ for credit checks. 4 of these were for mortgage shopping about 4 months ago.
My main concern my available CL increase on this month ("increased exposure" from the bank point of view). These 4 new cards represent more CL than I had before in my older 5 cards. I am thinking in lowering the CL of the 3 cards that have not shown in the report yet. On the other hand, I dont know if calling chase to lower my CL on the 2 new accounts would just add eyes to my accounts (I already reduced my cash limit to $100 earlier today which I feel probably brought unwanted attention)
any help appreciated.....
Thanks
I applied to 4 cards last month. 2 cards with other 2 banks and 2 with chase (2 hotel cards). I do not do MS or any weird stuff. The craziest thing I have done is to pay my mortgage (via mortage institution's website 2.9% fee) in order to meet the minimum spend of one of the chase cards. Oldest account is about 8yrs and avg age (before these 4 cards) is about 3 or 4yrs.
Important fact (i think): Only the first account of the 4 I opened has shown on my TU report at this point. The other 3 have not shown yet. Chase cards were the last 2 I applied to. At the moment I applied to chase, NONE had shown in my CR but the credit inquiries where there of course.
These 4 cards brought me to 6/24: 3 of those with chase. I have 9 total cards, a mortgage and auto lease payments. Everything with perfect record...
I am 6TU / 7EX / 7EQ for credit checks. 4 of these were for mortgage shopping about 4 months ago.
My main concern my available CL increase on this month ("increased exposure" from the bank point of view). These 4 new cards represent more CL than I had before in my older 5 cards. I am thinking in lowering the CL of the 3 cards that have not shown in the report yet. On the other hand, I dont know if calling chase to lower my CL on the 2 new accounts would just add eyes to my accounts (I already reduced my cash limit to $100 earlier today which I feel probably brought unwanted attention)
any help appreciated.....
Thanks
Oct 6, 2018, 1:56 pm
#2397
Join Date: Sep 2018
Posts: 80
if my income is 1,000/yr and I had about $500 credit limit across my old 5 credit cards, I applied to 4 new cards the same month which increased my available credit limit to something like $1125 (500 old + 625 new accounts)
That's why I was asking if I should request CL decrease to try to reduce the new large sum of credit suddenly appearing in my credit report
any way, thanks in advanced!
Oct 6, 2018, 3:02 pm
#2398
Join Date: Jul 2011
Location: Sunny AZ
Programs: HH Diamond, Sixt Platinum, IHG Spire Ambassador, Marriott/SPG Gold .....
Posts: 3,210
Chase thinks more about their CL and not about what anyone else gives you.
you old CL were based on old info (income/ credit score ...) so it would be unlikely they now have a problem with it. But if it makes you feel better lower the CL ... I would start with the already existing cards or cards which are out of the ordinary (i.e 10k limit on a hotel card and you never expect to use more than 1k > maybe drop that down to 5k).
in general they would not approved the card if the CL was a problem (and on recon you would have asked them to move the CL from another card).
for the future lay low for now and before the next application lower the CL to enhance the chances of autoapproval.
you old CL were based on old info (income/ credit score ...) so it would be unlikely they now have a problem with it. But if it makes you feel better lower the CL ... I would start with the already existing cards or cards which are out of the ordinary (i.e 10k limit on a hotel card and you never expect to use more than 1k > maybe drop that down to 5k).
in general they would not approved the card if the CL was a problem (and on recon you would have asked them to move the CL from another card).
for the future lay low for now and before the next application lower the CL to enhance the chances of autoapproval.
Oct 6, 2018, 3:52 pm
#2399
Join Date: Dec 2004
Posts: 7,901
You’re worrying unnecessarily. I would leave everything alone. Lowering you credit line probably does nothing or maybe even draws unwanted attention. If other non-Chase banks gave you more credit that will probably help your credit score not hurt anything. (If you have a high credit line it raises the ratio of total available credit to used credIt.)
Oct 6, 2018, 4:15 pm
#2400
Join Date: Sep 2018
Posts: 80
I am inclined to leave everything alone and hope for the best. just last note in case this changes things: These are all large credit lines 20k+ each.