Of course. You bought something, you need to pay for it.

1. No correlation - seems to occur at any time.
2. It seems most people try and log on and can not. I am not sure if people are getting an e-mail notice, phone call, etc. This info may be buried in the thread.

Why not file a complaint?
 

If you have reached the point where Citi has closed your accounts, why not file a complaint with the CFPB? You likely have nothing to lose at that point.

It may have merit in the instances where Citi actually cancelled an issued check or some other type of reward. That type of behavior seems like it would generate some consumer protection attention.

I would agree that based on the Chase thread you have a near zero chance of getting unused TYP's back. But I would guess anything issued might have a shot at being recovered.

Back in early April, you were waiting for a call back from their Presidential Unit. Did that ever happen?

Shut down can happen any time.

When you find out you are unable to log in, naturally.

What do you think? Or may be you decide to go on default thus leaves a very bad mark on your Credit Report? :rolleyes:

@:-)

Lots of talk about suits in these circumstances but I only know of a few cases where legal redress was actually pursued. One was a lawsuit, another was and still is chasing claimed misleading terminology with FAA. Both of these are being pursued by exceptionally aggressive, intelligent FTers with apparently a lot of time on their hands.

Before counting on suing, I would read the T & Cs. I have not done that for the 5x TYP card, but the areas to check include jurisdiction (where and under which laws an action can be filed), mandatory arbitration, and payment of attorney's fees by the loser. Of course also check the usual broad language about right to change program and also see if there is a stated right to deal with abuse.

Actually the bank accounts are not affected as of this moment based on actual cases.

If the shut down is from banking side, then there is a good chance that ALL relationships are severed. At least that is how Chase handles it - numerous threads on that in the past 18 - 24 months. All one needs to learn is to go search / read various sites / forums on the topic.

Thank you for the clarification of my questions...

Seems like it's best to slow down and lower the average.

nawh... buying 160k in 6 weeks is perfectly reasonable....

I doubt that CITI has the legal right to foreclosure the home if there were no late payments.
But if they really want to dump you, they can sell your mortgage loan to some other lender.

Waste of time. They just told me it was a 'Security Closure' and couldn't be reversed. Further they said they themselves don't have the reason for the 'Security Closure', and so, I had to wait for the letter sent from that department that would list the detailed reason.

I guess I posted this in another thread, but, should post it here...

These are the exact contents of my 'detailed letter that would explain the reason for closure' from the Security Services department:

So...As said before, they are not going to tell you the reason for closure...Not very easily anyway.

wow...180k for 6 weeks. It is a lot of TY points! I am so lucky that I am not on blacklist on Chase by taking advantage of 10x10 exclusive (640,000 points for 6 months). So I will not go anything crazy for citi. My longest history with city is 10 years.

Why the attitude? You shouldn't feel angry when someone doesn't answer a question that's been answered already, and/or ones that you really should be able to figure out the answer to on your own.

Is there anything in this thread that makes you think there is a planned set of events for all of this?

Do you really think Citi is sitting there going: 'Golly Gee, we want to shut down this guys account, but, we've got to wait for his statement to generate... gosh darn it!'

?

Or perhaps it's something more like: 'Well well well... I think we shall shut this guy down. But... let's just wait until his statement cycles so we can abscond with has many of his ThankYou points as possible... Muuwaaahhahahahaha! <while they twist their waxed mustache and light a fine cigar with a $100 bill and/or petting a white cat>'

?

:rolleyes:

Well... hrmmm... now, I'm not an expert on this... but... if I were to guess... just a simple guess. I would say a pretty damn good clue would be if you tried to log in to said account and you had problems doing so? Ok, got to ask, what exactly were you expecting in an answer to this question?

I assure you that there were no para-military SWAT teams kicking down my door informing me of my account closures if that makes you feel better...

To be a little fair, it might have been the case that you could login etc, and the only problem came when you attempted to check out after redeeming, and the poster might not have wanted to try that. Too complex for Citi who can't even get the account selection drop down working? Yes, probably!