appreciate your DP and response. just like another poster, i am surprised they gave you enough detail in the letter for you to guess the real issue. i cant believe a CFPB did nothing.

"rapidly increasing balances" seems to be the common theme for many Chase shutdowns, but its more about high spending spikes outside the norm. u only did MSR. or you let ur cards close with high balances which showed up on the CR? doesnt sound like it.

you just did MSR which is low vol IMHO. thats why i was shocked to see your DP. very concerning. however, ur DP is just like all others during the massive chase sweep back in Q2 when many got shutdown but reinstated. its a shame u didnt get that chance. sorry to hear man. that really sucks.

many others had worse stats compared to u filling out the 5/24 slots ASAP and hitting MSR for the free trip to HI during the summer. everyone was warned. i am surprised reinstatement was even allowed. sorry to hear man.

I may have left it too long to do the CFPB as I wasnt aware I could even do that until I read it on a thread here 2 months later. I do remember having about 2K pending in Safeway VGCS on one of the cards at the time I got the letter. I paid each off before statement close each month but as mentioned earlier the returned payments due to the incorrect banking info was the killer. I even spoke to someone at the bank and he listed the reasons in the letters for the shutdown. One nice thing was that I had just reached min spend on my CSP just as I was shutdown and was not sure if I would get the bonus. A few weeks later the points posted which I was surprised about. They do try to be as helpful as possible while cutting your legs off at the knees!

yes. letting it sit for 2 months may have given chase enough time to have a change of heart for the remaining few. during the height of the chaos, people were getting reinstated left and right. almost as if it was just a normal "fraud alert" scenario. one DP even showed how stupid brazen some of these n00bs were via apping CC1, shut down, reinstated, recon CC1 again, shut down, reinstated, stopped apping but kept MSing. like wattf. calm the helz down.

sure, the returned payments triggered a manual review, but wish you had CFPBed earlier! hope other banks are enough for your plans. if you use other SSN for chase, make sure they are not ur address or AU or anything related to ur SSN. they will get shut down too.

More details: We used Ink Jan-April and then ordered from Staples in August for $1235 and that was it. We did the MSR on Hyatt in June. We used FU a little for regular spend and then went for it.

appreciate the DP. helps others a lot. altho i still dont know wat to say about ur situation. unless reddit DPs are liars, there are plenty who go ape ham on OD Staples GC on INKs and not a peep out of them about shut downs. either they are not saying anything or are totally lucky and u are totally unlucky.

but i guess simon for 2K 2 mnths then 5K 2 mnths on FU was too "consistent behavior of MS" for chase. thats my only guess + eyes on account w/ WM promo unless your CL was at 5k. then that means you were close to CL often.

1. SHUTdn by : UFB Direct
2. Length of account before closure and CL? 3 Yrs
3. Average monthly account balance checking and savings? few hundred
4. Volume of ms per month and how many months? 2k-3k
5. Cycle CL? no
6. Did you BP using both options? Yes

UFB send standard letter of 30 day closer.

Here's your red flag:

You said previously you were not credit cycling, but if you routinely ran up a balance and paid it off before your statement closed, then credit cycling is exactly what you were doing. Were you doing that regularly, and on more than one card? Highly suspicious, a big red flashing "RISK" that screams "Look at me!!!" and IMHO almost certainly what brought the smackdown.

Not sure where you got that from. I got close to the CL on one of the cards one month but that was it. There were a few factors involved but cycling certainly wasnt one of them.

No clue where you are getting that from. How does that imply that he was cycling his CL? I do precisely the same thing. I spent the majority of my balance, and then pay off the balance before the statement closes (I may leave a few dollars at statement close so that I show some utilization). But I've never once cycled my credit.

CL cycling involves spending that's higher than the available CL. I have cards with good rewards on certain categories but low CL and I tend to pay those off before the statement is generated so that 50-70% CL utilization on a given account does not get reported to credit agencies and my credit score does not take a temporary hit.

Huh? Most of us do this on most (if not all) cards each month we put significant spend on them, to keep the utilization ratio low (most cards report statement balance to credit bureaus) because it affects credit scores.

In absence of knowing something for a fact we all make educated guesses and that's totally fine and what we should do. I find it funny though when someone asserts their guess forcefully as if that has been the law of the land since there was land.

1. SHUTdn by Bank, Credit Card info. (@m3x, chs3 ,c1t1 and brcl@y)
C@P1

2. Length of account before closure and CL?
1.5 years 10K

3. Average monthly account balance checking and savings?
<1000

4. Volume of ms per month and how many months?
15K since inception

5. Cycle CL?
No

6. Did you BP using both options?
- BP by issuing bank (@m3x, chs3, c1t1 and brcl@y)
- BP by Vis/MC
CFPay a couple times a month

Closed sp@rk + checking account.

Down C1t1, B@rcl@y, and C@P1 all this year now. C@P1 is refunding my annual fee which hit a couple months ago. Reason I got was when I called was usage not indicative of account type. I think an checking transfer I put in may have caused eyes on my account. I think this one was uncalled for... No more 2% cards for me at the moment. Bye bye GCM and GC.com for now.

That seems like the only red flag to me. Sorry to hear that.

What does CFPay stands for? TIA.

I removed about 20 posts debating the merits of obscuring the bank's names (as is done in the wiki). I'll summarize by saying some people think it is a good way to avoid coming up in search engines, while others think it is stupid and annoying.

Now let's try to get back on track :cool::cool:

Checkfree Pay (BP)

Oh Great. :( I just got the email from BLUEBIRD. I was winging it by heading north for the winter, instead of south.

I just got the email last night. Bye,,, bye,, burdie... I'm taking a nose dive.

Bluebird singing in the dark of night
Repair your broken gift cards and fly

It has happened to the best of us.

Bird is long dead. I was even shut down by Netspend back in the day....

So was I. I was shutdown by nutspend in 2012 for loading a few Vanilla reload cards and doing bill pay to my CC. Tried to get one of their co-branded cards recently at a local grocery store, was shut down again on activation so they got me banned for good. Scumbags!

I tried a little MSing when I was back in the US in October, about $10,000 worth to make a bonus, and depositing the MOs at my CU in person worked fine. Each time I went in, I knew at least one of the cashiers, and they were happy to see me. So far there's been no peep from the backroom guy -- maybe he no longer works there or maybe in-person deposits don't raise a flag.

I found I had little desire to continue once I made the bonus, though, so maybe I'm done with MSing.

Reopening followed by shutdown?
 

Do folks know if reopening accounts is possible? Blessed Citibank and Capital One closed all of my accounts. My sadness knows no bounds.

YMMV... i think there have been some successful reports where people were able to reopen their accounts. Was your shutdown result of heavy MS'ing?

...[REDACTED]....

When reporting/posting here please give as many details as you can or you will be asked for it anyways. Copy and paste the text below and alter as needed.

1. SHUTdn by Bank, Credit Card info. (@m3x, chs3 ,c1t1 and brcl@y)
2. Length of account before closure and CL?
3. Average monthly account balance checking and savings?
4. Volume of ms per month and how many months?
5. Cycle CL?
6. Did you BP using both options?
- BP by issuing bank (@m3x, chs3, c1t1 and brcl@y)
- BP by Vis/MC
7. Did you spell out the bank's full name in an internet forum?

Exact same here. Capital One shut both my accounts down a couple of months ago. One of them I had since I was 18 (15 years ago). Citi just shut down my double cash and simplicity card. I'm not sure if it triggered it, but the 0% on my Simplicity card expired, and I paid it off because they sent me multiple offers for 0% with a 3% fee. I then used the whole credit line as a balance transfer. The double cash card I used for most of my daily spending and probably ms'd about $8000 a month on it.

For Citi, call number on the back of your card. Then request CSR to transfer you to credit management. Good luck.

The 2018 thread has begun!

https://www.flyertalk.com/forum/manu...wn-thread.html

Thanks and Happy New Year!