Jan 2, 2018, 8:58 am
Last edit by: ChrisFlyer66
This is the thread for 2018. The previous discussion can be found here.
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?
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?
2018 Shutdown Thread
Dec 13, 2018, 2:55 pm
#421
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,762
Thank you guys for all the suggestions. I'll probably give Alex a call and see what terms he offers.
I looked at this state law (I am based in California):
https://codes.findlaw.com/ca/civil-c...t-1747-85.html
It looks like BoA violated state law by closing my account immediately without notice. I believe it is hard for BoA to argue that I pose a default risk to them so they need to give me 30 day written notice before closing my account. The closure caused me inability to redeem my points (monetary damage) so I think I have a case against them in court.
I'll probably sue them in SCC in California (and my SO can sue separately). Looks like I can sue for up to $10K which is adequate if I can get that much in the end.
Any suggestions are welcome.
I looked at this state law (I am based in California):
https://codes.findlaw.com/ca/civil-c...t-1747-85.html
It looks like BoA violated state law by closing my account immediately without notice. I believe it is hard for BoA to argue that I pose a default risk to them so they need to give me 30 day written notice before closing my account. The closure caused me inability to redeem my points (monetary damage) so I think I have a case against them in court.
I'll probably sue them in SCC in California (and my SO can sue separately). Looks like I can sue for up to $10K which is adequate if I can get that much in the end.
Any suggestions are welcome.
@minimum, read Vinh's experience with a different card company who closed all his accounts forfeiting >$2K CB from cycling his $35K CL 3x. He said he would ping Alex to recoup his hard earned CB; send him a message in his blog or tweet to find out if he did.
The agreement was reached in March 2018.
So it is relatively easy to handle a Citi shutdown which also is not permanent like Barclays and BofA. It lasts 30 months or so. Yet Barclays and BofA seem to be lifetime. lol.
Try to find the other Alex on DoC blog if you might. He has written on DoC blog. You may find the contact there. Or google Alex Darr. It does not hurt to contact Darr to see what his opinion is on BofA.
Dec 13, 2018, 4:27 pm
#423
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,762
Good luck and keep us updated.
Last edited by Happy; Dec 13, 2018 at 4:47 pm
Dec 14, 2018, 8:37 am
#424
Join Date: Mar 2014
Location: PWM
Programs: AA Plat
Posts: 1,335
Sadly this isn't true. At least according to TPOL.
Dec 14, 2018, 9:33 am
#425
Join Date: Mar 2011
Location: SAN
Programs: Delta Gold. Hilton Diamond. Hyatt Explorist.
Posts: 1,674
Dec 14, 2018, 10:36 am
#426
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,956
Apparently: https://thepointsoflife.boardingarea.com/about/
Dec 14, 2018, 3:13 pm
#429
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,762
The information is from the other Alexander who from what I have read, seems to be one's better option should you need such service. The agreement was reached in Mar 2018 - how long that agreement exists, I have no idea because I only read about this on non English site.
You can easily google the other Alexander and find his firm's website.
You can easily google the other Alexander and find his firm's website.
Dec 27, 2018, 5:53 pm
#430
Suspended
Join Date: Nov 1999
Posts: 24,153
I dont cycle dont want a shut down, but I do bring it up to the max. With the way Staples was going lately I was doing it fora few months, today an email from Chase that they are 2xing my CL, w/o me asking nor did I want it, but wont do anything least I stir up a hornets nest So from a fairly nice 5 figure CL its now thru the roof
Dec 28, 2018, 7:54 am
#431
Join Date: Aug 2018
Posts: 34
I dont cycle dont want a shut down, but I do bring it up to the max. With the way Staples was going lately I was doing it fora few months, today an email from Chase that they are 2xing my CL, w/o me asking nor did I want it, but wont do anything least I stir up a hornets nest So from a fairly nice 5 figure CL its now thru the roof
Dec 28, 2018, 9:55 am
#432
Join Date: Apr 2018
Posts: 262
I've actually had to drop my CL across my chase accounts due to these automatic increases. They had me up to 150% of household income between three people in the household, with 85% of it all being in my name. I wasn't sure if it was more risky to have that much credit or to draw attention to it by asking for the decrease, but I went for the decrease.