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DansDeals Forum => Credit Cards => Topic started by: myb821 on November 09, 2011, 11:11:57 PM

Title: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:11:57 PM
i just did a 3BM with chase for southwest southwest biz and ink bold. 2 days ago i got bold approved with recon tonight i call and get them to close my hyatt account to open the southwest personal account and they agree and do it. Then one hour later i log into my account and all my accounts are showing as closed! I check my wifes and it is closed also. I call them and they tell me the office that did it is closed and cant even tell me why the cards were all closed! and they couldnt even call me to tell me they were closing my cards when an hour before i was on the phone with them and they approved my new southwest card!!!!!! I dont understand what crappy customer service is this that they cant even call me!
/rant
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:14:18 PM
Ouch!
That makes F/R seem mild.

Do you bank with Chase?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 09, 2011, 11:15:02 PM
i just did a 3BM with chase for southwest southwest biz and ink bold. 2 days ago i got bold approved with recon tonight i call and get them to close my hyatt account to open the southwest personal account and they agree and do it. Then one hour later i log into my account and all my accounts are showing as closed! I check my wifes and it is closed also. I call them and they tell me the office that did it is closed and cant even tell me why the cards were all closed! and they couldnt even call me to tell me they were closing my cards when an hour before i was on the phone with them and they approved my new southwest card!!!!!! I dont understand what crappy customer service is this that they cant even call me!
/rant

Oiy. Sorry my man. I have read stories of that happening to people. I think it was on FT - you may wanna check there.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:15:35 PM
yes i bank with chase but dont have a lot of funds there. they told me i could call at 8am tom morning to see whats going on im so pissed off right now
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 09, 2011, 11:16:04 PM
#secretlyhopingthat3BMwasnotthecause
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:16:58 PM
Happened before to a DDF'er who got it reversed btw:
http://www.dansdeals.com/forums/index.php?topic=5628.0
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:17:57 PM
#secretlyhopingthat3BMwasnotthecause
If it was then I and my wife and parents would have been shut down many times already.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:18:57 PM
Happened before to a DDF'er who got it reversed btw:
http://www.dansdeals.com/forums/index.php?topic=5628.0
thats at least some good news i didnt remember that thread
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 09, 2011, 11:20:51 PM
If it was then I and my wife and parents would have been shut down many times already.

YMMV?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:21:51 PM
YMMV?
doubtful
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:22:26 PM
i just wish they would call me and that their office was open now so i could figure out whats going on
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:22:33 PM
YMMV?
We know of 2 DDF'ers this has happened to, 1 of which was definitely not caused by a 3BM.
We also know of hundreds of people that have done 3BMs.

Seems quite premature to give a YMMV tag to the 3BM for 1 isolated incident.  Let's just hope it stays isolated!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 09, 2011, 11:24:59 PM
doubtful

Well, what would be your guess for this (seemingly) random shut down?

We know of 2 DDF'ers this has happened to, 1 of which was definitely not caused by a 3BM.
We also know of hundreds of people that have done 3BMs.

Seems quite premature to give a YMMV tag to the 3BM for 1 isolated incident.  Let's just hope it stays isolated!

Amen, brother Ben.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:25:49 PM
Well, what would be your guess for this (seemingly) random shut down?
No idea, but until now the reasons I have seen for Chase shutdowns have been:
-Abusing the AARP 5%.
-Abusing checking account fundings.
-Derogatory item on credit report.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:26:20 PM
No idea, but until now the reasons I have seen for Chase shutdowns have been:
-Abusing the AARP 5%.
-Abusing checking account fundings.
-Derogatory item on credit report.
of which i have none of those!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:27:03 PM
Another trigger is too much debt or credit utilization on your credit report or with Chase.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:28:01 PM
dont got that either with chase im at like 22% and over all im well below 10%
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 09, 2011, 11:28:14 PM
Another trigger is too much debt or credit utilization on your credit report or with Chase.

If that's true, that's ridiculous.

Close down access to your checking account because you've used too much of your credit card line?

Not to mention losing access to your credit cards simply because you've used them, and without notice??
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:29:47 PM
If that's true, that's ridiculous.
Why?  They don't want exposure to someone who they think may not be able to pay their debts back.  Same reason for FR, except FR is far more prevalent and can be fought more easily.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:30:34 PM
but i dont have any of those things!! the only thig i have is a lot of new accounts in past year
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:30:38 PM
If that's true, that's ridiculous.

Close down access to your checking account because you've used too much of your credit card line?

Not to mention losing access to your credit cards simply because you've used them, and without notice??
Yes, the without notice part is what's not nice.  They could just freeze it like AMEX and make an investigation.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:31:07 PM
but i dont have any of those things!! the only thig i have is a lot of new accounts in past year
Hopefully you'll get some clarification in the morning.  Try to stop in a branch and see if a banker can help appeal.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 09, 2011, 11:31:14 PM
Why?  They don't want exposure to someone who they think may not be able to pay their debts back.  Same reason for FR, except FR is far more prevalent and can be fought more easily.

Like I said above (though modified after your post), they apparently lock you out of your bank accounts also... and the whole without notice thing is patently ridiculous.

EDIT: Sorry, our posts crossed again.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 09, 2011, 11:32:30 PM
myb821, your checking account is closed too?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:34:03 PM
i dont think so i think my checking account is still open
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 09, 2011, 11:35:34 PM
Thank G-d for that. I had read instances where they blocked access to that as well.

Maybe from the AARP shutdown... don't recall.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 09, 2011, 11:43:41 PM
so frustrated right now
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Smokey Joe Robinson on November 09, 2011, 11:48:31 PM
No idea, but until now the reasons I have seen for Chase shutdowns have been:
-Abusing the AARP 5%.
-Abusing checking account fundings.
-Derogatory item on credit report.
Whats considered abusing checking account fundings?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on November 09, 2011, 11:57:55 PM
Thank G-d for that. I had read instances where they blocked access to that as well.

Maybe from the AARP shutdown... don't recall.

In my case they didn't close my checking and savings accounts, just the CC's.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: compddd on November 09, 2011, 11:58:43 PM
Whats considered abusing checking account fundings?

I would like to know this as well.

Also what is abusing AARP mean?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 09, 2011, 11:59:18 PM
In my case they didn't close my checking and savings accounts, just the CC's.

Didn't know it happened to you, too. Yikes.

Did you find out what triggered it for you?

Did you come out unscathed?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on November 10, 2011, 12:03:59 AM
Maybe they want further documentation to make sure your not really dead. (do you have other addresses on your reports?).
Excessive Outstanding Credit? - (At least that what they called it in the mid 90's for application denials).
I've never heard of accounts being closed due to it though.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:05:20 AM
Maybe they want further documentation to make sure your not really dead. (do you have other addresses on your reports?).
Excessive Outstanding Credit? - (At least that what they called it in the mid 90's for application denials).
I've never heard of accounts being closed due to it though.
dont got any of those things
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on November 10, 2011, 12:08:20 AM
We used to freeze accounts when there was SS# mismatches (alias name or completely different name). Back then a consumer couldn't typically see that themselves. But we could, and it would create an alert and we required documentation from the supposed cardholder to verify their information sometimes even a statement from the SSA to clarify. When is the last time you checked your report, might want to make sure you don't have some sudden inqs on their you never really made.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on November 10, 2011, 12:08:35 AM
Didn't know it happened to you, too. Yikes.

Did you find out what triggered it for you?

Did you come out unscathed?

Yup, a long time ago. I believe the trigger was spending over 20k monthly on one of my biz cards and just about maxing it out.
I tried many times to give them my business again but they wouldn't budge. No real problems at any other banks (had 1 AMEX FR and survived).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:09:24 AM
We used to freeze accounts when there was SS# mismatches (alias name or completely different name). Back then a consumer couldn't typically see that themselves. But we could, and it would create an alert and we required documentation from the supposed cardholder to verify their information sometimes even a statement from the SSA to clarify.
who is "WE"
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on November 10, 2011, 12:10:35 AM
who is "WE"

AT&T Universal Card
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:13:34 AM
Yup, a long time ago. I believe the trigger was spending over 20k monthly on one of my biz cards and just about maxing it out.
I tried many times to give them my business again but they wouldn't budge. No real problems at any other banks (had 1 AMEX FR and survived).

So you're still blacklisted? Had you had a history with Chase prior to the shutdown?

Just out of curiosity, how did you end up paying the 20K bill, on the phone?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Q274 on November 10, 2011, 12:17:52 AM
@myb821:
good luck getting ANY response from them, they are terrible when it comes to that. Last week they shut down all of my personal checkings account, (with 5 days notice) and all they told us (me, my wife the branch manager and all the workers there) is "we have a right to break any contract, it says so in the terms and conditions" no reason given at all. I even yelled at the manager that it makes no sense to just do that why not "fr" or something, her response? "thats chase"    oh and this decision, is unchangeable!!! says so in big bright red letters when a clerk logs onto my account!!!!

so yeah good luck getting anywhere.

oh and one more thing, SEVEN YEAR BAN!!!!

to think that earlier that day a rep in the branch said i have great credit with them and therefore he will be able to get me a great  mortgage rate.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:19:22 AM
Last week they shut down all of my personal checkings account, (with 5 days notice)

...for what reason?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Q274 on November 10, 2011, 12:21:25 AM
...for what reason?
read the rest of my post (noobie question  :P)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:22:11 AM
read the rest of my post (noobie question  :P)
ur post doesnt say why they closed them
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Q274 on November 10, 2011, 12:22:36 AM
ur post doesnt say why they closed them
EXACTLY!!!!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:23:25 AM
read the rest of my post (noobie question  :P)

:P

Really? The only thing they said when you asked is "that's Chase"?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on November 10, 2011, 12:24:54 AM
If you're confident your credit is immaculate, utilization is not heavily weighted only with them, and personal data is on the up & up, and you spend heavily on a monthly basis (without suspicious charges like amazon funds shifting) then they may think you're money laundering.
But they would never tell you that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Q274 on November 10, 2011, 12:26:34 AM
:P

Really? The only thing they said when you asked is "that's Chase"?
YUP!!!

on the side i am a NOOBIE LOVER. and when he whose name may not be said rises back up to power, i will be the first tp battle him to death.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:27:29 AM
i dont spend alot max 2-3k a month
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Q274 on November 10, 2011, 12:27:53 AM
If you're confident your credit is immaculate, utilization is not heavily weighted only with them, and personal data is on the up & up, and you spend heavily on a monthly basis (without suspicious charges like amazon funds shifting) then they may think you're money laundering.
But they would never tell you that.
of course that is why they did it but they never said that, and it is very simple to prove if i am or i am not, dont close my accts
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:28:35 AM
YUP!!!


I feel like you could appeal this decision by executive service team.


on the side i am a NOOBIE LOVER. and when he whose name may not be said rises back up to power, i will be the first tp battle him to death.

 ???
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Q274 on November 10, 2011, 12:31:33 AM
I feel like you could appeal this decision by executive service team.


 ???
no you cant, trust me the bankers at chase want me there, they cant do anything abt it.

i just finished the harry potter movie
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:32:17 AM
no you cant, trust me the bankers at chase want me there, they cant do anything abt it.

i just finished the harry potter movie
lol
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:33:58 AM
no you cant, trust me the bankers at chase want me there, they cant do anything abt it.

I wasn't talking about the personal bankers.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Q274 on November 10, 2011, 12:37:16 AM
I wasn't talking about the personal bankers.
i know what you were saying, i was responding by saying that the personal bankers themselves tried getting it reversed
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:40:10 AM
i know what you were saying, i was responding by saying that the personal bankers themselves tried getting it reversed

Still think its worth a shot to do it yourself, especially given the curious circumstances.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Q274 on November 10, 2011, 12:46:34 AM
Still think its worth a shot to do it yourself, especially given the curious circumstances.
phine #?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:47:49 AM
phine #?
Quote from: dan
Chase: 888-622-7547 (Chase Executive Office)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on November 10, 2011, 12:56:18 AM
So you're still blacklisted? Had you had a history with Chase prior to the shutdown?

Just out of curiosity, how did you end up paying the 20K bill, on the phone?

Yes, still blacklisted as of earlier this year. It's unofficial, but nothing helps to get the door open. I'll be sure to let ya'll know f and hwen they open the door again. I currently working on something which may help.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:57:49 AM
@myb821

Is that the route you're gonna go tomorrow? Executive CSR?

Yes, still blacklisted as of earlier this year. It's unofficial, but nothing helps to get the door open. I'll be sure to let ya'll know f and hwen they open the door again. I currently working on something which may help.

How long ago was this whole debacle?

Have you tried the executive office?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:58:57 AM
@myb821

Is that the route you're gonna go tomorrow? Executive CSR?

How long ago was this whole debacle?

Have you tried the executive office?
first i will go through reg and then if not executive department
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on November 10, 2011, 01:01:15 AM


How long ago was this whole debacle?

Have you tried the executive office?

A some 2-3 years ago.

I'm not sure if  did. I might try soon.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on November 10, 2011, 01:01:52 AM
To the OP:
First of all i responded to your PM with some details, but IME (and this has happened to me. actually i think our accounts have been closed for the exact same reason: too many accounts opened in a short period of time) You will get a letter in a couple of days from them stating that your accounts have been closed. They will also include a phone number, call them and explain that you only opened the card for the CC bonus's, your not a risk to them, you have stellar credit history with them, no late payments etc. (I remember having to call twice until i got a nice woman who would listen and help me so don't give up if not successful 1st time)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 01:02:32 AM
To the OP:
First of all i responded to your PM with some details, but IME (and this has happened to me. actually i think our accounts have been closed for the exact same reason: too many accounts opened in a short period of time) You will get a letter in a couple of days from them stating that your accounts have been closed. They will also include a phone number, call them and explain that you only opened the card for the CC bonus's, your not a risk to them, you have stellar credit history with them, no late payments etc. (I remember having to call twice until i got a nice woman who would listen and help me so don't give up if not successful 1st time)
thanks i saw ur pm and was about to respond i appreciate ur advice will give it a shot
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on November 10, 2011, 01:03:49 AM
thanks i saw ur pm and was about to respond i appreciate ur advice will give it a shot
np
Hope it all works out and feel free to ask me any other questions you might have
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on November 10, 2011, 01:06:31 AM
I recall that my bank accounts were unaffected just my CC accounts froze. Very strange
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on November 10, 2011, 01:06:48 AM
Has anyone here heard of the Chase "back office"?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on November 10, 2011, 01:12:49 AM
Unfortunately Chase is in a “take no prisoner mode”. I wish the OP luck.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 01:13:39 AM
Unfortunately Chase is in a “take no prisoner mode”. I wish the OP luck.
thanks
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on November 10, 2011, 01:23:57 AM
Chase’s memory does not seem as long as other FI’s. Somewhere after one year and before the second year you should be able to get back in. I know that is not much consolation.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 01:25:05 AM
Chase’s memory does not seem as long as other FI’s. Somewhere after one year and before the second year you should be able to get back in. I know that is not much consolation.

Tell that to AvidReader. Seems inaccurate.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on November 10, 2011, 01:29:37 AM
Tell that to AvidReader. Seems inaccurate.
…because something is not 100% that does not make it inaccurate. The best information on this happening is not on public forums.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 01:31:12 AM
…because something is not 100% that does not make it inaccurate. The best information on this happening is not on public forums.

See above for the word "seems."

I'm working with very little data points here.

But I'm hoping, for everyone undergoing this issue, that you're more right than wrong.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on November 10, 2011, 01:34:04 AM
See above for the word "seems."
As in my original post also.  ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 01:36:40 AM
As in my original post also.  ;)

I guess you have some other data point then?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on November 10, 2011, 01:47:01 AM
I guess you have some other data point then?
Yes and check your PM.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 10, 2011, 02:13:44 AM
@myb821:
good luck getting ANY response from them, they are terrible when it comes to that. Last week they shut down all of my personal checkings account, (with 5 days notice) and all they told us (me, my wife the branch manager and all the workers there) is "we have a right to break any contract, it says so in the terms and conditions" no reason given at all. I even yelled at the manager that it makes no sense to just do that why not "fr" or something, her response? "thats chase"    oh and this decision, is unchangeable!!! says so in big bright red letters when a clerk logs onto my account!!!!

 :'(

What about your Chase credit cards?

on the side i am a NOOBIE LOVER. and when he whose name may not be said rises back up to power, i will be the first tp battle him to death.

Who?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 02:14:35 AM
:'(

What about your Chase credit cards?

Who?
he doesnt have any cc's
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 09:30:32 AM
so the reason they gave was to many open accounts with to much available credit and wouldnt open up my accounts so i escalated it to the executive department and the person i spoke to said she would review the account and get back to me in about 24hrs
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Cholentfresser on November 10, 2011, 11:24:30 AM
Has anyone here heard of the Chase "back office"?
Whenever i go into a Chase bank and ask some questions about CCs, they say we'll have to call the "back office", i think it's a general term used for calling any higher ups.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 11:25:25 AM
so the reason they gave was to many open accounts with to much available credit and wouldnt open up my accounts so i escalated it to the executive department and the person i spoke to said she would review the account and get back to me in about 24hrs

Too many currently open accounts, or too many account have been opened?

What's "too much" available credit mean? Did you ask?

Good luck.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:29:02 AM
The guy from lending who I spoke to first said I have 14 open accounts and if I were to have a financial hardship I would be able to charge them all up and never be able to pay it back
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 11:30:56 AM
The guy from lending who I spoke to first said I have 14 open accounts and if I were to have a financial hardship I would be able to charge them all up and never be able to pay it back

Wow. You have 14 open CC's with Chase? Amazing.

However, given their current conservative stance, I can't say I'm surprised they reviewed your relationship.

That being said, review should not mean closure without notice...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:32:20 AM
Not 14 open chase accounts 14 total accounts showing active on my credit report
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:33:25 AM
Only had 4 open chase accounts
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 11:36:41 AM
Not 14 open chase accounts 14 total accounts showing active on my credit report
Only have 4 open chase accounts

Ah, I got it. 14 from all issuers.

Thank Gd open accounts do not include AU's...

But, on the other hand, its not all that hard to get to 14 open accounts... 5-6 AMEX + 3-4 Chase + 3-4 Citi + 3-4 BoA.

Seems a lot of DDF could qualify....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:37:53 AM
Yea I have 5 amex 4 chase 3 citi 1 macys and I think they were counting one of the chase cards I closed to open a new one up
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 10, 2011, 11:38:18 AM
Not 14 open chase accounts 14 total accounts showing active on my credit report

That's scary considering I have like double that (~30 open accounts).

Do people think I should hold off from applying for the SW 50k offer (which is ending tomorrow)??
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:40:01 AM
Hopefully by tomorrow I will have more information from becky in the executive branch
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 11:41:14 AM
Yea I have 5 amex 4 chase 3 citi 1 macys and I think they were counting one of the chase cards I closed to open a new one up

I'm assuming (or hoping) you have been paying on time, don't utilize too much of your CLs, and have some older accounts, right?

If so, I think you have a good argument for reinstatement. At they very least, reinstatement with cut CLs. 

Did you get an impression from Becky one way or the other?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on November 10, 2011, 11:42:13 AM
Too many currently open accounts, or too many account have been opened?

What's "too much" available credit mean? Did you ask?

Good luck.

That's the modern term of the Excessive Outstanding Credit I mentioned they used long ago.
They usually try to look for this before approving the apps, and the reason for occasionally doing
a hard pull (looking for 'flameout').
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:44:51 AM
I don't know. Current util with chase is around 20% but over all is less then 10% never made a late payment and never even carried a small balance
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 11:45:27 AM
That's the modern term of the Excessive Outstanding Credit I mentioned they used long ago.
They usually try to look for this before approving the apps, and the reason for occasionally doing
a hard pull (looking for 'flameout').

Interesting. I can't say a bank reviewing those dynamics surprises me in the least.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:45:43 AM
Scwam by outstanding credit do u mean credit available? Or used credit?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:48:17 AM
What I find the most strange is that an hour before they closed my account they agreed to open a new one
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 11:48:43 AM
Total outstanding credit. From all issers.

That's what the Chase rep meant by "too much available credit."
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 11:49:15 AM
What I find the most strange is that an hour before they closed my account they agreed to open a new one

I'd imagine the people opening new accounts are not the people reviewing accounts for this type of thing... that, too, doesn't surprise me.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on November 10, 2011, 11:56:37 AM
Scwam by outstanding credit do u mean credit available? Or used credit?

As AJK said outstanding credit from all issuers. Although I never worked in those departments, I believe
they considered one's stated income according to the potential use of all credit lines available to that person
in the even of financial hardship.  And there were 2 different departments doing reviews as stated above.
Apps reviews were a mild version of the risk management departments that handled these reviews post-account approval,
they were pretty elusive on what their criteria were.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 11:58:27 AM
As AJK said outstanding credit from all issuers. Although I never worked in those departments, I believe
they considered one's stated income according to the potential use of all credit lines available to that person
in the even of financial hardship.


That makes sense to me. If a guy has stated income of 50K and 15 credit cards with a combined limit of 100K, I'd see why they may want to be circumspect*.

(*Another word for the word guy here on DDF.)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:01:01 PM
i understand and that is probably what caused me to be shutdown im only showing abt 50k in income on the apps and i prob have about 50k in cl. But at the same time with my history of never carrying a balance u would think they would be willing to leave me with one card with a cl of <5k
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:02:58 PM
i understand and that is probably what caused me to be shutdown im only showing abt 50k in income on the apps and i prob have about 50k in cl. But at the same time with my history of never carrying a balance u would think they would be willing to leave me with one card with a cl of <5k

I'm not sure that's how a Chase "killing" goes. At least that's not how it has worked for people that have undergone it thus far.

Their MO is to shut down *everything* and review it later. Kind of like shoot now, ask questions later.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:04:18 PM
i understand that chase does that but to me it does not make any sense at all. I really would like to at leats keep one of my chase cards cause if i do i figue it will be easier to obtain more down the line in say6-12-18 months
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 10, 2011, 12:04:47 PM
I'd imagine the people opening new accounts are not the people reviewing accounts for this type of thing... that, too, doesn't surprise me.

Yup. As I like to say, large corporations typically have multiple departments which often have conflicting priorities, this is especially true with banks.

(*Another word for the word guy here on DDF.)

I'm flattered you're trying to impress me, you're going to have to try harder for it to work though :P

/condescending :P

i understand and that is probably what caused me to be shutdown im only showing abt 50k in income on the apps and i prob have about 50k in cl. But at the same time with my history of never carrying a balance u would think they would be willing to leave me with one card with a cl of <5k

I wouldn't ask for that, I would push for 'the best they could do'. Perhaps explain that you have household income and family assets that mitigate the risk of 'hardship'.

i understand that chase does that but to me it does not make any sense at all. I really would like to at leats keep one of my chase cards cause if i do i figue it will be easier to obtain more down the line in say6-12-18 months

I would think so as well.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:07:18 PM
I'm flattered you're trying to impress me, you're going to have to try harder for it to work though :P

/condescending :P

Impress you? Hardly... just throwing it out there because your a self-proclaimed "word guy."

#somewordguystakethemselvestooseriously


I wouldn't ask for that, I would push for 'the best they could do'. Perhaps explain that you have household income and family assets that mitigate the risk of 'hardship'.

+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 10, 2011, 12:09:10 PM
Impress you? Hardly... just throwing it out there because your a self-proclaimed "word guy."

Ask anyone who knows me. Heck, do a search for posts by me with the word pun, if you need 'proof'.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:09:17 PM
i wouldnt request one card with 5k cl i would try for best they can do for me but in a worst case scenario I really hope i can convince them to do that
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:10:25 PM
i wouldnt request one card with 5k cl i would try for best they can do for me but in a worst case scenario I really hope i can convince them to do that

How much out of the 50K do you have with Chase?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 12:12:47 PM
How much out of the 50K do you have with Chase?
only 13k
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on November 10, 2011, 12:12:50 PM
That makes sense to me. If a guy has stated income of 50K and 15 credit cards with a combined limit of 100K, I'd see why they may want to be circumspect*.

(*Another word for the word guy here on DDF.)
+1

That's actually what one of the higher ups at Chase told me straight out, namely, that I had too much overall available credit compared to my income.
I'm not sure if this was with Citi or Chase but I clearly remember someone telling me that if I closed some of my existing cards, they'd reconsider my app.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 10, 2011, 12:14:37 PM
That's actually what one of the higher ups at Chase told me straight out, namely, that I had too much overall available credit compared to my income.
I'm not sure if this was with Citi or Chase but I clearly remember someone telling me that if I closed some of my existing cards, they'd reconsider my app.

It's one thing to refuse extending you new credit based on that, and another to shut down all your accounts without warning or notice.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:15:54 PM
only 13k

Because it's only 13K, it doesn't play in your favor. I'd imagine the higher exposure you currently have with Chase, the higher the chance you'd be left with something at the end.

Still possible you'll be able to retain something though.

+1

That's actually what one of the higher ups at Chase told me straight out, namely, that I had too much overall available credit compared to my income.
I'm not sure if this was with Citi or Chase but I clearly remember someone telling me that if I closed some of my existing cards, they'd reconsider my app.


Note to self: stated income is more important that you originally thought.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on November 10, 2011, 12:16:57 PM
I doubt they will make known what they can offer you. Instead I believe they will ask you what cards you want to keep open and further review. Get all your acorns ready to show them, and include all household income if you've never stated it. But be ready to prove it if you do increase it. They may not wait (maybe they will?) for you to close out other issuers instead. I've been careful to not try to make my outstanding total lines exceed 50% of my stated income. This is the balancing act that one must do when getting into multiple established accounts, and nobody seems to know their propietory formulas for reviewing these scenarios.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 10, 2011, 12:19:32 PM
I doubt they will make known what they can offer you. Instead I believe they will ask you what cards you want to keep open and further review. Get all your acorns ready to show them, and include all household income if you've never stated it. But be ready to prove it if you do increase it. They may not wait (maybe they will?) for you to close out other issuers instead. I've been careful to not try to make my outstanding total lines exceed 50% of my stated income. This is the balancing act that one must do when getting into multiple established accounts, and nobody seems to know their propietory formulas for reviewing these scenarios.

I wouldn't close other issuers with the hope they might reinstate me. If the don't want my business I'll take it elsewhere.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:20:55 PM
I wouldn't close other issuers with the hope they might reinstate me. If the don't want my business I'll take it elsewhere.

They wouldn't lose any sleep over it.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 10, 2011, 12:23:12 PM
They wouldn't lose any sleep over it.

That wasn't my point. I'm just saying I wouldn't jeopardize my relationships with other banks with the hope that it'll appease Chase.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 12:25:36 PM
That wasn't my point. I'm just saying I wouldn't jeopardize my relationships with other banks with the hope that it'll appease Chase.

@myb821

Perhaps, if you like your Chase CCs more than others, you can get the rep who calls you back to promise reinstatement of (some) of your lines if you close down CCs of other banks. Just a thought.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 10, 2011, 12:58:06 PM
i understand and that is probably what caused me to be shutdown im only showing abt 50k in income on the apps and i prob have about 50k in cl. But at the same time with my history of never carrying a balance u would think they would be willing to leave me with one card with a cl of <5k
Seems to me that the problem may very well have been your relatively low stated income compared to total available credit...probably triggered some kind of FR.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 02:46:12 PM
i think i might have good news just logged into my account and my cards arent showing as closed anymore!!! i dont know if its permanent or not and becky hasnt called me or anything but im really hoping it ill stay this way!!!!!!!!!!!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 10, 2011, 02:47:44 PM
i think i might have good news just logged into my account and my cards arent showing as closed anymore!!! i dont know if its permanent or not and becky hasnt called me or anything but im really hoping it ill stay this way!!!!!!!!!!!

If you were previously not able to transfer UR and are not able to, you might want to consider doing so now.

You can also call CS and feel them out, maybe there are some notes...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 02:49:14 PM
i think i will just wait and see if becky calls me back
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: YudiG on November 10, 2011, 04:41:12 PM
i think i will just wait and see if becky calls me back

im praying for you
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 04:53:19 PM
i called reg cs to see whats going on they said my cards are open including the Hyatt card which i had requested to be closed to open the southwest card. So instead of limiting their risk they have actually raised their risk
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 05:20:03 PM
i called reg cs to see whats going on they said my cards are open including the Hyatt card which i had requested to be closed to open the southwest card. So instead of limiting their risk they have actually raised their risk

Ha, so now you have a 5th card and X amount more credit line? Mazel tov :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 10, 2011, 05:22:23 PM
Happy to hear of more DDF'ers escaping from Chase AAs.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 10, 2011, 05:23:10 PM
AAs?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on November 10, 2011, 05:24:08 PM
Adverse Action.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 05:28:14 PM
i still want to hear from becky and see what she says if i dont hear from her i may call he rin the morning
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: YudiG on November 10, 2011, 05:33:26 PM
i still want to hear from becky and see what she says if i dont hear from her i may call he rin the morning

why push your luck?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 05:34:34 PM
just want to confirm everything will stay the way it is.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: YudiG on November 10, 2011, 05:36:52 PM
just want to confirm everything will stay the way it is.

I hear that..let us know if they give any reason as to what the heck happened...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 05:37:41 PM
I hear that..let us know if they give any reason as to what the heck happened...
will do. so of my 3BM i got bold and southwest personal whats the chance i can get becky to close lets say my hyatt again to open southwest biz card  ;D. Pushing it a little maybe ::)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on November 10, 2011, 05:55:29 PM
i still want to hear from becky and see what she says if i dont hear from her i may call he rin the morning
I would strongly suggest that if your accounts are open to just let it go.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on November 10, 2011, 08:13:50 PM
myb821,
Really happy for you that it has some sorta happy(?) ending!

Read this news article on a similar situation that happned this year.   all we can real see is SHAME ON CHASE!

http://www.kgw.com/news/Chase-shuts-down-account-in-good-standing-130203638.html


Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on November 10, 2011, 09:51:05 PM
Also, i see you mention calling Becky.. did she give you a direct number to reach her?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on November 10, 2011, 10:51:37 PM
 Glad everything worked out! And by me too, when they reopened my shut down accounts they also opened a card that was previously closed( by me)   ::)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 10, 2011, 11:09:08 PM
Glad everything worked out! And by me too, when they reopened my shut down accounts they also opened a card that was previously closed( by me)   ::)
better leverage for the future
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 11, 2011, 08:23:50 AM
just want to report i spoke to becky this morning she said all my accounts have been re-opened with the same credit lines and are in good standing!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on November 11, 2011, 08:25:28 AM
just want to report i spoke to becky this morning she said all my accounts have been re-opened with the same credit lines and are in good standing!

What a headache. Glad it all worked out in the end though.

Sent from my LS670 using Tapatalk
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 11, 2011, 10:01:57 AM
just want to report i spoke to becky this morning she said all my accounts have been re-opened with the same credit lines and are in good standing!

That's only half the report... what did she caused it?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 11, 2011, 10:06:41 AM
That's only half the report... what did she caused it?
she said that she doesnt deal with it directly but emailed some department that deals with it and they didnt give her the details
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 11, 2011, 10:10:34 AM
she said that she doesnt deal with it directly but emailed some department that deals with it and they didnt give her the details

Boo to that response, but I'm happy you came out even better than unscathed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: smurf on November 11, 2011, 11:10:29 AM
It's good to hear things worked out
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on November 11, 2011, 11:41:31 AM
+1 :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on November 12, 2011, 07:00:45 PM
just want to report i spoke to becky this morning she said all my accounts have been re-opened with the same credit lines and are in good standing!
Glad to hear!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on November 23, 2011, 04:06:08 PM
since this has happened to me i have heard of it happening to two more people seems like chase may be clamping down a bit
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on November 23, 2011, 04:07:47 PM
since this has happened to me i have heard of it happening to two more people seems like chase may be clamping down a bit

Wish we knew what it was they're clamping down on.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on November 23, 2011, 04:10:39 PM
Wish we knew what it was they're clamping down on.

Agreed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on December 07, 2011, 10:50:11 PM
Just got word from someone I know that Chase closed all his cards, and his wife's, and his brothers cards. All at living at the same address. This happened on the same or next day after he did multiple CC apps for each of them.

It seems Chase account closure is becoming a trend with new applications. I heard from someone recently who applied for the Chase BA card in June, and they closed his existing card right afterwards.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on December 08, 2011, 12:55:22 AM
Just got word from someone I know that Chase closed all his cards, and his wife's, and his brothers cards. All at living at the same address. This happened on the same or next day after he did multiple CC apps for each of them.

It seems Chase account closure is becoming a trend with new applications. I heard from someone recently who applied for the Chase BA card in June, and they closed his existing card right afterwards.
+1

At first it seemed Chase was looking at certain charges (gift cards, bank funding) or cycling through you CL several times a month. Once you dig a little deeper you find this is not the case. Most of the data points now points to changes in your CR. They are reacting to increase in number of recent inquires, accounts and balances. As I stated before they are taking no prisoners. When they are closing accounts most of the time it is everything (CC, checking and savings) at the same household.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on December 08, 2011, 01:56:17 AM
Though, in the case I mentioned above, they left the Checking accounts intact.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on December 08, 2011, 01:59:17 AM
+1

At first it seemed Chase was looking at certain charges (gift cards, bank funding) or cycling through you CL several times a month. Once you dig a little deeper you find this is not the case. Most of the data points now points to changes in your CR. They are reacting to increase in number of recent inquires, accounts and balances. As I stated before they are taking no prisoners. When they are closing accounts most of the time it is everything (CC, checking and savings) at the same household.

So if I have 53% of my credit stock in Chase should I be concerned?
I've noticed all my creditors do "soft pulls" (according to the bureaus) of my report on an average of 2 to 3 times per quarter amongst all of them. I can say that when i worked in fraud for a major card company way back, that we did credit pulls to see if many accounts were possibly being opened by a relative in the house or in particular a person that recently died. But at that time I can not remember if it actually showed up as a hard or soft pull on the user. I've not once had a hard pull myself after being approved, all are soft.
But it makes me wonder if their "hards" are actually coded as "softs" when risk control or credit risk departments feel a need to check. As I understand a soft will only show current name/addresses/social/dob verification and I somewhat remember doing that too years ago. A true "soft pull" would seem like very limited information for a credit card company if they are trying to properly evaluate their risk....unless it's just reflecting to us as a soft pull and really is a hard pull.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on December 08, 2011, 02:11:50 AM
Though, in the case I mentioned above, they left the Checking accounts intact.
For how long? It is usually a two step process, first CC’s and then checking accounts. Hopefully this won’t be the case.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on December 08, 2011, 02:18:14 AM
Scwam: All the major CC companies check your CR. I have to admit I am not sure about what info they can see in regards to hard or soft pull. I have never had a hard pull for an account review. My guess is they can see the same info.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: elikay on December 08, 2011, 03:01:40 AM
Account review does not count as an inquiry, even though they may pull up the same info as an app.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on December 08, 2011, 06:01:08 AM
For how long? It is usually a two step process, first CC’s and then checking accounts. Hopefully this won’t be the case.
they just noticed the cards closed yesterday. I sure hope they don't close the ckng accounts.
When Chase closed all my cards a few years ago, they left my checking accounts open.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 08, 2011, 09:21:35 AM
For how long? It is usually a two step process, first CC’s and then checking accounts. Hopefully this won’t be the case.

Chase did not close OP's checking account (though I thought initially that they did).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on December 08, 2011, 12:29:01 PM
There must be some other credit factor we're missing here. 
Plenty of guys have done multiple 3BMs in the past year and have dozens of credit hits and open cards, myself included.
If multiple apps was the sole cause we'd all have been shut down, no?
Plus others have been closed even without multiple apps, we know abusing the AARP card is a trigger for a fact for example.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on December 08, 2011, 12:30:41 PM
There must be some other credit factor we're missing here. 
Plenty of guys have done multiple 3BMs in the past year and have dozens of credit hits and open cards, myself included.
If multiple apps was the sole cause we'd all have been shut down, no?
Plus others have been closed even without multiple apps, we know abusing the AARP card is a trigger for a fact for example.
there must be something also why did they re-open mine but wouldnt re open other peoples.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on December 08, 2011, 12:40:28 PM
There must be some other credit factor we're missing here. 
Plenty of guys have done multiple 3BMs in the past year and have dozens of credit hits and open cards, myself included.
If multiple apps was the sole cause we'd all have been shut down, no?
Plus others have been closed even without multiple apps, we know abusing the AARP card is a trigger for a fact for example.

1 thing I know the guy did wrong was that he did all the apps in the same browser using different windows or even at different times of day. (he didn't exactly know how to do a 3BM). Is there any possible reason this would be a trigger? I can try to find out the specifics if it would make a difference.
Other then that, I'm pretty sure their credit reports are shiny clean with no debt, late payments etc.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on December 08, 2011, 12:54:26 PM
There must be some other credit factor we're missing here. 
Plenty of guys have done multiple 3BMs in the past year and have dozens of credit hits and open cards, myself included.
If multiple apps was the sole cause we'd all have been shut down, no?
Plus others have been closed even without multiple apps, we know abusing the AARP card is a trigger for a fact for example.

Do you think Chase has a person/department dedicated to hunting down churners (similar to someone we know at an airline which recently filed for bankruptcy ;))?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on December 08, 2011, 09:54:35 PM
they just noticed the cards closed yesterday. I sure hope they don't close the ckng accounts.
When Chase closed all my cards a few years ago, they left my checking accounts open.
I have personally confirmed that the banking department is not at all related to the lending department, in a sense that if one gets shut down it does NOT mean that he other will get shut down. (When my CC's were shut down my banking accounts were unaffected, and now i know someone who was banned from opening checking accounts with chase (long crazy story there...) and their credit cards are NOT affected. I also spoke to someone from the "back office" who said that lending and banking are basically 2 different institutions under the name Chase
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on December 08, 2011, 10:02:11 PM
I have personally confirmed that the banking department is not at all related to the lending department, in a sense that if one gets shut down it does NOT mean that he other will get shut down. (When my CC's were shut down my banking accounts were unaffected, and now i know someone who was banned from opening checking accounts with chase (long crazy story there...) and their credit cards are NOT affected. I also spoke to someone from the "back office" who said that lending and banking are basically 2 different institutions under the name Chase

care to explain? 8)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on December 08, 2011, 10:38:23 PM
I have personally confirmed that the banking department is not at all related to the lending department, in a sense that if one gets shut down it does NOT mean that he other will get shut down. (When my CC's were shut down my banking accounts were unaffected, and now i know someone who was banned from opening checking accounts with chase (long crazy story there...) and their credit cards are NOT affected. I also spoke to someone from the nullback officenull who said that lending and banking are basically 2 different institutions under the name Chase

Reality is there are (some) people here who were shut down for banking and CCs.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: elikay on December 08, 2011, 10:40:51 PM
There must be some other credit factor we're missing here. 
Plenty of guys have done multiple 3BMs in the past year and have dozens of credit hits and open cards, myself included.
If multiple apps was the sole cause we'd all have been shut down, no?
Plus others have been closed even without multiple apps, we know abusing the AARP card is a trigger for a fact for example.
Must be those 1am phonecalls or how you answer when asked how you're doing :-):-)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on December 08, 2011, 10:56:46 PM
Reality is there are (some) people here who were shut down for banking and CCs.
Yep- I'm just sayin that getting cc's shut down doesn't AUTOMATICALLY mean bank account will shut get shut down and vice versa...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on December 08, 2011, 11:05:34 PM
You said:

I have personally confirmed that the banking department is not at all related to the lending department, in a sense that if one gets shut down it does NOT mean that he other will get shut down. (When my CC's were shut down my banking accounts were unaffected, and now i know someone who was banned from opening checking accounts with chase (long crazy story there...) and their credit cards are NOT affected. I also spoke to someone from the "back office" who said that lending and banking are basically 2 different institutions under the name Chase

I was just saying that's not necessarily true. If they were completely independent of each-other one wouldn't even know that the other shut you down.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on December 08, 2011, 11:38:25 PM
You said:

I was just saying that's not necessarily true. If they were completely independent of each-other one wouldn't even know that the other shut you down.
I hear ya, just adding my $.02 from my personal experiences, and sharing the info that i know/have heard so people can try to piece the puzzle together (and trying to cheer those up who have been banned from either the CC/Banking dept @ Chase- Not all hope of doing business with Chase is lost!  ;))
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 14, 2011, 11:29:50 PM
Chase just closed down all of my brother's CC accounts without warning.

Has already written letter to Ms. Walden.

<holding breath>
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on December 14, 2011, 11:33:41 PM
Chase just closed down all of my brother's CC accounts without warning.

Has already written letter to Ms. Walden.

<holding breath>
Hope he has a different billing address than you?
Possible triggers?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on December 14, 2011, 11:38:32 PM
Chase just closed down all of my brother's CC accounts without warning.

Has already written letter to Ms. Walden.

<holding breath>
? ? ? ? ? ?

this is becoming way to common
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 15, 2011, 12:01:59 AM
Hope he has a different billing address than you?
Possible triggers?

Totally different address.

They said they shut him down because he has been opened (and been granted) a lot of credit in the last X months.

In his case, I think it was ~100k.

? ? ? ? ? ?

this is becoming way to common

She's head of Chase Executive Customer Service.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: LAXtraveler on December 15, 2011, 12:18:47 AM
Totally different address.

They said they shut him down because he has been opened (and been granted) a lot of credit in the last X months.

In his case, I think it was ~100k.

Is the 100k all with Chase or spread between different issuers?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 15, 2011, 12:19:36 AM
Spread.

...which makes this even more disturbing.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: LAXtraveler on December 15, 2011, 12:21:10 AM
Spread.

...which makes this even more disturbing.

Yes, very. May I ask how many "X" months is... perhaps there is a pattern to all of this?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on December 15, 2011, 12:22:08 AM
Spread.

...which makes this even more disturbing.

Why? From a risk standpoint it's all the same.

I'd be disturbed either way.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 15, 2011, 12:26:30 AM
It's more disturbing because even if you only have, say, 10K CL with Chase, it shows they'll simply shut you down because you have 50k CLs with other issuers.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on December 15, 2011, 12:28:58 AM
It's more disturbing because even if you only have X CL with Chase, it shows they'll simply shut you down because you have Y CLs with other issuers.

They reject people all the time for that reason. If they'll unilaterally close people's account when they (Chase) perceives them (the customer) as a risk (which I agree with you that it's a terrible thing for Chase to do), what difference does it make what kind of risk it is?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 15, 2011, 12:36:55 AM
It's one thing to reject someone at the outset saying "you have too much outstanding credit."

It's a completely different thing to grant the credit (having full access to a credit profile/report) and then out of the blue shut someone down when that profile falls outside of some hidden guideline, especially (to my mind) when it's as a result of your activity with other banks. Reduction of some lines? Fine. Cancel some cards even? Also somewhat acceptable. But complete closure based on activity with other issuers? Unreasonable.

In any case, I'm done arguing. You're obviously entitled to your opinion.

P.S. All activity with other banks happened before the Chase apps, which put them on notice of other extended credit. So in this case especially the actions on the part of Chase are particularly disturbing.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on December 15, 2011, 01:14:27 AM
It's one thing to reject someone at the outset saying "you have too much outstanding credit."

It's a completely different thing to grant the credit (having full access to a credit profile/report) and then out of the blue shut someone down when that profile falls outside of some hidden guideline, especially (to my mind) when it's as a result of your activity with other banks. Reduction of some lines? Fine. Cancel some cards even? Also somewhat acceptable. But complete closure based on activity with other issuers? Unreasonable.

In any case, I'm done arguing. You're obviously entitled to your opinion.

P.S. All activity with other banks happened before the Chase apps, which put them on notice of other extended credit. So in this case especially the actions on the part of Chase are particularly disturbing.

I agree with everything before your P.s. It's wrong for Chase to unilaterally shut down accounts. Once they do that though, they're going to do it whenever they feel there's a risk.

Your P.s. does add a valid point (which you didn't mention before), if it was a risk they were willing to assume (by approving the application(s)), why'd they change their mind. But like I say, these banks have different departments which sometimes have contradictory priorities/objectives.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on December 15, 2011, 04:34:39 AM
Chase does not like to see a big change (balances, new accounts, inquire) when they do account reviews. Having large CL’s by itself is no big thing. Going from 100k to 300k in CL’s is.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 21, 2011, 03:03:13 PM
Chase just closed down all of my brother's CC accounts without warning.

Has already written letter to Ms. Walden.

<holding breath>

R.I.P.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: compddd on December 21, 2011, 03:04:10 PM
They didn't re-open them for him?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 21, 2011, 03:05:25 PM
They didn't re-open them for him?

+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: compddd on December 21, 2011, 03:13:54 PM
:(

Will you be boycotting Chase now?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on December 21, 2011, 03:23:16 PM
:(

Will you be boycotting Chase now?

I love my brother, but no.

That won't accomplish anything.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on December 21, 2011, 04:15:27 PM
R.I.P.
I'm sorry to hear that
 :'(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on December 21, 2011, 04:38:15 PM
So we have another report of AA because of 3BM?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Chaikel on December 21, 2011, 05:33:00 PM
Was this for only 1 3BM?
Did it happen to anyone for a 2BM?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: syp5 on January 03, 2012, 06:29:48 AM
I recently opened 3 Chase Credit Cards (freedom, sapphire and ink bold), a personal and business checking. About a week after opening the the business checking account i tried to make a deposit in the branch but was told the account was restricted and was going to be closed.

The branch couldn't give me a reason for the closure but said i should call the number on the back of the card. Upon calling, the phone rep. called the back office which said it was due to 5 chase charge offs in 2008.

I responded that that was totally untrue and i regularly monitor my credit reports and have never seen these supposed charge offs. (i did have about 5 cards closed in 2008 but i thought it was due to churning, i never even had a late payment) Their response was that i should bring a copy of my credit report into the branch and have the manager fax it into them. I did that and we initiated a dispute. I received a response that these accounts were no longer in their system and they were instructing the credit bureaus to delete these accounts.

In the meantime i received a letter that my personal account was being closed. Upon calling i was told that they cannot tell me the reason but they are reserving the right to close the account for no reason. The branch manager contacted the rep. in compliance who closed my personal acct who said it was closed due to the business acct being closed and if that acct was reopened she would reopen the personal as well.

The branch manager than faxed my dispute resolution back to the new accts department who responded that the letter was insufficient and a more specific letter stating that i never had the charge offs was needed. He tried for about 40 minutes speaking to 5 different reps none of who were the right depmnt to issue this letter.

Exasperated he said he'll work on it further. I than contacted chase executive office and told them the story, they called back a couple days later that she can't give me reasons but the account was going to be closed. The next day my credit cards and my wifes credit card (she was joint on the personal checking) were closed for some bs reasons such as insufficient bank card history.

I called the executive office again to try to explain that i knew all this was happening due to a inaccurate report of charge offs but nothing doing but she is trying to issue me a check for my points. I have never dealt with such an ineffective bureaucracy. I am not desperate to bank with chase i just liked their ultimate rewards program, but i'm concerned now that these closed accts will have an adverse effect on my credit.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Chaikel on January 03, 2012, 08:53:54 AM
That does it. I'm not calling to get my 3rd card pushed through
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on January 03, 2012, 09:45:25 AM
That does it. I'm not calling to get my 3rd card pushed through
Was just going to call tonight myself. Now having your doubts. Is this some freak case or does the 3bm trigger these closures?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: compddd on January 03, 2012, 09:52:23 AM
Sounds like Chase is in take no prisoners mode :(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on January 03, 2012, 09:53:34 AM
Sounds like Chase is in take no prisoners mode :(
I think I heard that before.  ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: syp5 on January 03, 2012, 10:11:07 AM
My credit cards got closed about a month after my checking accts, so it would seem like it wasn't the credit cards that triggered the aa
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: BrooklynCPA on January 03, 2012, 10:22:40 AM
To SYP5: Join the "Screwed by Chase" club. I feel your pain. I hope they go down like Bear Stearns!!!!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on January 03, 2012, 10:31:22 AM
I hope they go down like Bear Stearns!!!!

"Too big to fail", remember?...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on January 03, 2012, 10:35:55 AM
Chase is here to stay or at least long enough for the AARP card to run its course!   ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on January 03, 2012, 10:43:52 AM
That does it. I'm not calling to get my 3rd card pushed through
+1 i was gonna call today to try getting an Ink Bold card pushed through, but now im thinking that i better not rock the boat
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: creditor on January 04, 2012, 04:26:26 AM
looks like 3bm is having "a slow painfull death"
is there any recent successful stories with 3bm?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on January 04, 2012, 08:25:33 AM
I don't think it's simply the 3BM that's doing it. There are other factors involved, which no one really knows for sure. I know of people who've been shut down with no 3 BMs involved.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Bp on January 04, 2012, 09:06:14 AM
A chase banker told me, that when they suspect irregular activity and they shut down an account, they will look into all accounts associated with that accnt(address/a lot of transactions/family)and if they think there is even the slightest risk, they'll shut it down as well.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on January 04, 2012, 10:30:46 AM
Did he give any advice on how to survive this?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Bp on January 04, 2012, 10:43:52 AM
Did he give any advice on how to survive this?
No,
He said the ppl at the branch are livid when they close down big accounts, and they cant do anything.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: eliteflyer on January 04, 2012, 11:16:50 AM
Perhaps going forward, it would be wise to actually request that when new cards are opened, the overall CL not be increased more than necessary to meet minimum thresholds required by the particular card.

I'm just weighing my options. At this point, I only have the Chase CO card with a very low credit tilization, and would like to do a 3BM application for my wife and I for United, Hyatt, and Saphire to 'finance' some upcoming travel.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on February 07, 2012, 11:17:58 AM
I put in my application an annual income of 50k and have a credit line of $38,400 , am I at risk since my credit line is close to my income? I just got my 3bbm approved instantly( united, saphire, southwest).

Also are 3 bbm risky of having an acct closed?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 07, 2012, 11:25:23 AM
I put in my application an annual income of 50k and have a credit line of $38,400 , am I at risk since my credit line is close to my income? I just got my 3bbm approved instantly( united, saphire, southwest).

Also are 3 bbm risky of having an acct closed?

Chase AA seems to be more about people who abuse their promotions/rewards rather than credit risk (which is what typically triggers Amex FR).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 07, 2012, 11:49:56 AM
Chase AA seems to be more about people who abuse their promotions/rewards rather than credit risk (which is what typically triggers Amex FR).
I don't think it's just abuse.  We've heard reports of Chase closing down people for high utilization from other banks, IIRC.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 07, 2012, 11:52:09 AM
I don't think it's just abuse.  We've heard reports of Chase closing down people for high utilization from other banks, IIRC.

Still, the overwhelming majority of AA (at least as reported here) is due to abuse.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ye on February 07, 2012, 11:56:29 AM
Still, the overwhelming majority of AA (at least as reported here) is due to abuse.
Abuse as in spending too much on the AARP card, or churning too often?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 07, 2012, 11:59:12 AM
No abuse by my 5 family members who were shut down (3 were later opened back up).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 07, 2012, 12:00:34 PM
No abuse by my 5 family members who were shut down (3 were later opened back up).

But the first family member was shut down due to abuse, yes?

The subsequent family members have any issues with utilization from other issuers?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 07, 2012, 12:08:32 PM
I don't think it's just abuse.  We've heard reports of Chase closing down people for high utilization from other banks, IIRC.

...or too many recently opened accounts. No abuse.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 07, 2012, 12:32:07 PM
But the first family member was shut down due to abuse, yes?


Yes, I guess.

Quote
The subsequent family members have any issues with utilization from other issuers?

Nope, zilch.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 07, 2012, 12:32:54 PM
...or too many recently opened accounts. No abuse.

Isn't that a form of abuse, especially with the fat signup bonuses?

Yes, I guess.

Nope, zilch.



Precisely my point.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 07, 2012, 12:43:22 PM
Isn't that a form of abuse, especially with the fat signup bonuses?

Accounts opened at OTHER FIs? Not sure I agree.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 07, 2012, 12:57:14 PM
Accounts opened at OTHER FIs? Not sure I agree.
+1
Too many accounts at other FI's seems to bother Chase as well. No abuse there.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 07, 2012, 01:01:09 PM
Accounts opened at OTHER FIs? Not sure I agree.

Sorry, misunderstood your post which I quoted. You're right, in that case it isn't abuse and Chase goes and AAs. But I'll maintain my position:

Still, the overwhelming majority of AA (at least as reported here) is due to abuse.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 07, 2012, 01:23:58 PM
Sorry, misunderstood your post which I quoted. You're right, in that case it isn't abuse and Chase goes and AAs. But I'll maintain my position:

Have there been more than a few AA reported here? All the ones I recall were AA'd for a reason other than abuse... Aside from our favorite AARP cheerleader, of course.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 07, 2012, 01:37:39 PM
Have there been more than a few AA reported here? All the ones I recall were AA'd for a reason other than abuse... Aside from our favorite AARP cheerleader, of course.

I don't think myb821's, Avid Reader & fam's and/or BrooklynCPA's had anything to do with credit risk.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 07, 2012, 02:04:08 PM
I don't think myb821's, Avid Reader & fam's and/or BrooklynCPA's had anything to do with credit risk.

I don't know about the others, but it didn't seem to me that myb821 was shut down for abuse. Can't seem to tell from BrooklynCPA.

Even so, that's a small sample size to call that an "overwhelming majority" :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on February 07, 2012, 02:05:20 PM
im not sure what i was shut down for since it seemed to be the credit department that shut me down but i am not positive what i was shutdown for
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 07, 2012, 02:30:43 PM
I don't know about the others, but it didn't seem to me that myb821 was shut down for abuse. Can't seem to tell from BrooklynCPA.

Even so, that's a small sample size to call that an "overwhelming majority" :)

I qualified my statements, and if it was insufficient/unclear, let me clarify:
1. These are my opinions/understandings.
2. The people I mentioned by name were examples, there were other reports here and elsewhere that give me the 'feeling' I have.
3. All those people I mentioned, and other from this site, have discussed their situation with me more extensively than what they posted here, so I might have more info.

In any case, Chase goes about it very differently than Amex, and since they typically don't offer a reason or a chance to prove creditworthiness, lends credence to my hypothesis.

im not sure what i was shut down for since it seemed to be the credit department that shut me down but i am not positive what i was shutdown for

Just because they call it the 'credit' department....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 07, 2012, 02:34:59 PM
I qualified my statements, and if it was insufficient/unclear, let me clarify:
1. These are my opinions/understandings.
2. The people I mentioned by name were examples, there were other reports here and elsewhere that give me the 'feeling' I have.
3. All those people I mentioned, and other from this site, have discussed their situation with me more extensively than what they posted here, so I might have more info.

Fair enough.

In any case, Chase goes about it very differently than Amex, and since they typically don't offer a reason or a chance to prove creditworthiness, lends credence to my hypothesis.

Except for at least the case of my brother which was directly due to a credit risk and in which they gave no opportunity to prove otherwise.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 07, 2012, 02:57:49 PM
Except for at least the case of my brother which was directly due to a credit risk and in which they gave no opportunity to prove otherwise.

In your Brother's case (as you described here (http://forums.dansdeals.com/index.php?topic=12638.msg162883;topicseen#msg162883)), it can be interpreted to mean that they were cracking down on him as a churner (read:abuse) although he's not actually seen as a credit risk.

Just my opinion.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 07, 2012, 04:28:32 PM
Chase looks at things from and internal and external view points. Internal would be things like spending patterns and number of Chase cards opened. External would be based on your CR. Good luck trying to figure out the who, what and where.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on February 07, 2012, 08:51:44 PM
Chase AA seems to be more about people who abuse their promotions/rewards rather than credit risk (which is what typically triggers Amex FR).

So is a 3 bbm included ?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: BrooklynCPA on February 08, 2012, 10:08:51 AM
I believe that when you are flagged they do a total analysis and if they see from past history that they don't profit from you they close you down. If they don't see a lot of spending and if you have a history of paying full balances on time there is no profit to be made. Its a simple business decision. This is why I was shut down after I refinanced my mortgage away from Chase and I was no longer an asset to them. This is the only bank that does this and I think it is unethical.

We have excellent credit and they would not have totally shut me down if that was the issue.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on February 08, 2012, 10:38:20 AM
I believe that when you are flagged they do a total analysis and if they see from past history that they don't profit from you they close you down. If they don't see a lot of spending and if you have a history of paying full balances on time there is no profit to be made. Its a simple business decision. This is why I was shut down after I refinanced my mortgage away from Chase and I was no longer an asset to them. This is the only bank that does this and I think it is unethical.

We have excellent credit and they would not have totally shut me down if that was the issue.
Once shut down is there any hope in reopening a card down the line?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 08, 2012, 11:30:17 AM
Once shut down is there any hope in reopening a card down the line?
I'm shut for 3 years or so already. Every app I've submitted since they shut me down was declined.
I'll be trying again soon though, as I reason to believe that I'm in a better position now, at least according to one banker I spoke with.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 08, 2012, 11:32:14 AM
I'll be trying again soon though, as I reason to believe that I'm in a better position now, at least according to one banker I spoke with.

How long has it been since you last app?
What has changed since then?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 08, 2012, 11:34:56 AM
How long has it been since you last app?
What has changed since then?
Been about a year.
If the change actually helps, I'll post what it was.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 08, 2012, 11:37:26 AM
If the change actually helps, I'll post what it was.

Fair enough, thanks!

Wishing you luck!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on February 08, 2012, 11:39:14 AM
Fair enough, thanks!

Wishing you luck!
+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: bhphotoman on February 08, 2012, 11:59:06 AM
chase wount even give me a bank acct i am joint on my wife

they have not let me in 4 yrs
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on February 08, 2012, 12:48:23 PM
Feel for you both. Sheesh that really stinks.
Can you both pitch some guidance into what you think should be done/not done while churning and opening cards to would avoid a shut-down?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 08, 2012, 12:48:56 PM
chase wount even give me a bank acct i am joint on my wife

What do you think triggered your AA?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on February 08, 2012, 12:53:05 PM
This seems like a serious issue.
We ALL need to dig in deeper to this and get to the bottom as to why and when they shut you down. Once you're shut its a heck of a lot sleepless nights... :'(

Let's use all our resources, every connection with any high ranking and/or knowledgeded Chase banker etc.

We need to find out the exact triggering path and prevent it from happening (at least to our fellow DDFers..

Let's keep this thread on top and alive until we have something concrete.

Thank you all!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on February 08, 2012, 01:29:15 PM
This seems like a serious issue.
We ALL need to dig in deeper to this and get to the bottom as to why and when they shut you down. Once you're shut its a heck of a lot sleepless nights... :'(

Let's use all our resources, every connection with any high ranking and/or knowledgeded Chase banker etc.

We need to find out the exact triggering path and prevent it from happening (at least to our fellow DDFers..

Let's keep this thread on top and alive until we have something concrete.

Thank you all!

What's the plan? Walk into a branch and ask?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: MLM on February 08, 2012, 01:42:06 PM
i think the only real solution is if we make a lot of noise about this over the web
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 08, 2012, 01:42:31 PM
It is a serious issue, but until it starts happening to more just a handful out of thousands of DDF members (a la the much more common, yet less ruthless FR) it's nothing to lose sleep over IMHO.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 08, 2012, 01:43:25 PM
i think the only real solution is if we make a lot of noise about this over the web
Better to try to get it in the WSJ or at least a big consumer advocate column to actually get something changed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: SPLP on February 08, 2012, 02:07:52 PM
Better to try to get it in the WSJ or at least a big consumer advocate column to actually get something changed.

WSJ good place to try --- publicity is the way to go Someone needs to call / write  give them the facts and post stories on web sites
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on February 08, 2012, 02:14:55 PM
WSJ good place to try --- publicity is the way to go Someone needs to call / write  give them the facts and post stories on web sites

Problem is most people who have been shutdown have opened cards just for the points and then closed them. You will have a hard time finding sympathy for those people. Why should chase have to lose money on people (although I love that they do)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 08, 2012, 02:18:58 PM
Problem is most people who have been shutdown have opened cards just for the points and then closed them. You will have a hard time finding sympathy for those people. Why should chase have to lose money on people (although I love that they do)

1. The bad publicity would be out there regardless, Chase would (ostensibly) stop the practice if the bad publicity bothered them enough and they thought it would help.
2. If Chase feels that these people are taking advantage of them by opening all these apps, they shouldn't have approved them in the first place.
3. It's unreasonable to just close accounts unilaterally without as much as a phone call. chase typically doesn't give an explanation, and there's no department at Chase set up to receive petitions from people who want Chase to reconsider their decision.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 08, 2012, 02:20:30 PM
3. It's unreasonable to just close accounts unilaterally without as much as a phone call. chase typically doesn't give an explanation, and there's no department at Chase set up to receive petitions from people who want Chase to reconsider their decision.
I think this is what a newspaper would be most interested in.
Especially in these rah-rah banks are evil times.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 08, 2012, 02:47:01 PM
There is a very large and powerful senior citizen group getting involved already putting pressure on Chase. I won’t be surprised to see a class action suit either.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on February 08, 2012, 02:48:00 PM
There is a very large and powerful senior citizen group getting involved already putting pressure on Chase. I won’t be surprised to see a class action suit either.
linky?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 08, 2012, 02:58:04 PM
Better to try to get it in the WSJ or at least a big consumer advocate column to actually get something changed.

Consumerist.com is a great place for this kind of stuff.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 08, 2012, 02:58:45 PM
There is a very large and powerful senior citizen group getting involved already putting pressure on Chase. I won’t be surprised to see a class action suit either.
But you won't name them. I guess you really want us to ask first, so I'll start:
Dear HelpMe, I implore, please don't hide who this group is. Please please tell us who they are... ;)

EDIT: Did I actually forget that it must be the one and only AARP? My grandpa would be proud of me if he knew what I just figured out.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 08, 2012, 02:59:01 PM
Consumerist.com is a great place for this kind of stuff.
And did you send them your story?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 08, 2012, 03:02:20 PM
Consumerist.com is a great place for this kind of stuff.
What percentage of Consumerist complaints end in results for the consumer?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 08, 2012, 03:07:24 PM
But you won't name them. I guess you really want us to ask first, so I'll start:
Dear HelpMe, I implore, please don't hide who this group is. Please please tell us who they are... ;)

EDIT: Did I actually forget that it must be the one and only AARP? My grandpa would be proud of me if he knew what I just figured out.
There is a master thread now to discuss a certain card. All discussion brought up about that card is to be moved there. How else would you have put it? Damned if you do, damned if you don’t.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on February 08, 2012, 03:08:51 PM
There is a master thread now to discuss a certain card. All discussion brought up about that card is to be moved there. How else would you have put it? Damned if you do, damned if you don’t.
but we aren't discussing the card you can mention the organization lol
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 08, 2012, 03:22:34 PM
but we aren't discussing the card you can mention the organization lol
Many have filed complaints with AARP about their card being closed. Results are being seen but not resulting so far with the card being reopened. Many believe the FWF thread is being monitored by Chase. I expect more info to come out as time passes.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 08, 2012, 03:24:51 PM
And did you send them your story?

You mean my brother's story? No.

I guess I could suggest my brother do it, but I don't see him following up on something like that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 08, 2012, 03:32:58 PM
You mean my brother's story? No.

I guess I could suggest my brother do it, but I don't see him following up on something like that.
Why not do it for him then?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 08, 2012, 03:35:06 PM
Why not do it for him then?

Now that it's been it's been brought up, maybe I will.

I remembered reading something along these lines a few months ago, and I just found it:

http://consumerist.com/2011/09/chase-freezes-couples-account-screws-up-their-life-with-no-explanation.html

Similar, but not identical - but in the end, the accounts were reopened.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 08, 2012, 03:44:08 PM

I remembered reading something along these lines a few months ago, and I just found it:

http://consumerist.com/2011/09/chase-freezes-couples-account-screws-up-their-life-with-no-explanation.html

Similar, but not identical - but in the end, the accounts were reopened.

I saw that too a while back. The modus operandi of Chase is quite eveident there. I do think that the reason the accounts reopened had more to do with the couple getting their story to King 5 TV, much less consumerist, if at all.
Hence my original question:
What percentage of Consumerist complaints end in results for the consumer?
To really get Chase, the story would have to hit the news outlets, I think.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 08, 2012, 04:12:47 PM
To really get Chase, the story would have to hit the news outlets, I think.
How about grammas in their wheelchairs getting their cards closed? That would make a good headline!  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 08, 2012, 04:14:30 PM
How about grammas in their wheelchairs getting their cards closed? That would make a good headline!  :)
Agreed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 11:50:58 AM
It seems Chase is still at it (http://www.frugaltravelguy.com/2012/02/becoming-credit-risk-just-word-of.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Frugaltravelguy+%28FrugalTravelGuy%29&utm_content=Google+Reader).

As an aside, the name of this thread should probably be changed to help its searchability. Something along the lines of "Chase Adverse Action" or "Chase Account Closures" etc
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: JEWDA on February 22, 2012, 11:53:50 AM
It seems Chase is still at it (http://www.frugaltravelguy.com/2012/02/becoming-credit-risk-just-word-of.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Frugaltravelguy+%28FrugalTravelGuy%29&utm_content=Google+Reader).

As an aside, the name of this thread should probably be changed to help its searchability. Something along the lines of "Chase Adverse Action" or "Chase Account Closures" etc
Stupid guy for doing a 4/BM
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Red on February 22, 2012, 11:58:27 AM
Stupid guy for doing a 4/BM

Quote
I applied for four cards, from four different banks (CITI, AMEX, BoA and Chase).

That's not a 4/bm.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: JEWDA on February 22, 2012, 12:00:56 PM
It sounded like he was saying 4 cards from each bank
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on February 22, 2012, 12:08:56 PM
It sounded like he was saying 4 cards from each bank
+1
Doing 4 in total would result in 4 pulls
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 22, 2012, 12:09:29 PM
4, 4bms?  Now that is what I call ballsy (or stupid).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 22, 2012, 12:10:33 PM
It seems Chase is still at it (http://www.frugaltravelguy.com/2012/02/becoming-credit-risk-just-word-of.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Frugaltravelguy+%28FrugalTravelGuy%29&utm_content=Google+Reader).

As an aside, the name of this thread should probably be changed to help its searchability. Something along the lines of "Chase Adverse Action" or "Chase Account Closures" etc

This is scary, and making me consider reconsidering my upcoming AOR, considering that Chase is currently the only issuer whose cards I use now that Amex is out for now. Perhaps I should focus on business apps, which aren't reported, if I can find enough offers worth applying for.

Recently my (legit) CC spend has increased, and with Amex out I can't see myself spending 5-10k/month with my other issuers besides Chase (BofA, Barclays, Cap1, Citi, Discover etc.)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 12:10:53 PM
He applied for four cards total. From four different banks. Why is that so earth-shatteringly stupid?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on February 22, 2012, 12:13:28 PM
He applied for four cards total. From four different banks. Why is that so earth-shatteringly stupid?
+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 22, 2012, 12:14:54 PM
He applied for four cards total. From four different banks. Why is that so earth-shatteringly stupid?
I read it as 4x4bms, did I misread?
At any rate, 4 hard pulls in one day probably raises a red flag.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 22, 2012, 12:16:00 PM
At any rate, 4 hard pulls in one day probably raises a red flag.

So you think 2 AORs (possibly mega-AORs) a year, with no apps in between (so 6 months of no pulls) is a bad strategy?

With your logic it wouldn't fly even for business cards...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 12:22:55 PM
At any rate, 4 hard pulls in one day probably raises a red flag.

AOR anyone?

It's been touted on here more times than I care to count that, although its not a 2/3BM, there is still value to doing an AOR as it reduces the possibility that each issuer does not see the others' pulls...

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: compddd on February 22, 2012, 12:42:22 PM
What does AOR stand for?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 22, 2012, 12:44:24 PM
App O Rama
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on February 22, 2012, 01:22:35 PM
From the letter:
"All the accounts were closed and will remain this way until I called them back and have them check if they can re-open them based on my credit report changes. It seems that they may be placed on some type hold as she said I could re-open them without re-applying once I've addressed the aforementioned issues."

To me this seems reasonable, unlike some of chase's other horror stories/brutal tactics that have been reported.
Maybe this guy was a fool for applying for this many cards, but having 500k in CL's for a 70k income in and of itself seems like a massive risk (red flag) to a bank
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 01:26:13 PM
From the letter:
"All the accounts were closed and will remain this way until I called them back and have them check if they can re-open them based on my credit report changes. It seems that they may be placed on some type hold as she said I could re-open them without re-applying once I've addressed the aforementioned issues."

To me this seems reasonable, unlike some of chase's other horror stories/brutal tactics that have been reported.
Maybe this guy was a fool for applying for this many cards, but having 500k in CL's for a 70k income in and of itself seems like a massive risk (red flag) to a bank

First of all, his CLs were $50,000 not $500,000.

Second of all, as has been pointed out already, why is 4 cards total from 4 different banks that foolish?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on February 22, 2012, 02:11:39 PM
First of all, his CLs were $50,000 not $500,000.

Second of all, as has been pointed out already, why is 4 cards total from 4 different banks that foolish?

whoops read the number wrong. Pardon me
Second of all I personally don't think it's foolish at all. I said maybe
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 02:19:25 PM
whoops read the number wrong. Pardon me
Second of all I personally don't think it's foolish at all. I said maybe

Maybe the joke's on us... Apparently Chase (the only person in this equation that matters) thinks its "foolish."
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 22, 2012, 02:32:59 PM
Maybe the joke's on us...

No joke...  :-\  >:(  :(  :'(  ::)  ??? (emotionally overwhelmed)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yakovwogi on February 22, 2012, 03:03:11 PM
No joke...  :-\  >:(  :(  :'(  ::)  ??? (emotionally overwhelmed)
I totally agree--
I'm looking for a place to "park" my 250,000 UR points for safe keeping.
I'm not trying anything risky with chase......but it seems like no one knows the triggers......
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on February 22, 2012, 03:17:48 PM
This is scary, and making me consider reconsidering my upcoming AOR, considering that Chase is currently the only issuer whose cards I use now that Amex is out for now. Perhaps I should focus on business apps, which aren't reported, if I can find enough offers worth applying for.

Recently my (legit) CC spend has increased, and with Amex out I can't see myself spending 5-10k/month with my other issuers besides Chase (BofA, Barclays, Cap1, Citi, Discover etc.)

As a side question, why no interest in the 2 Hawaiian Air cards? Receive a total of 70k miles which turns into 140k Hilton miles, and they're through minor issuers?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 03:19:05 PM
Welcome to the real world folks! Might have to sharpen that pencil when doing future equations.  ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 22, 2012, 03:20:20 PM
As a side question, why no interest in the 2 Hawaiian Air cards? Receive a total of 70k miles which turns into 140k Hilton miles, and they're through minor issuers?

I have both cards (http://forums.dansdeals.com/index.php?topic=7280.msg100808#msg100808), as do other DDFers :)

Considering 3BM doesn't work for BofA (at least not IME), it probably wasn't worth it in retrospect.

Welcome to the real world folks! Might have to sharpen that pencil when doing future equations.  ;)

This is (at least in part) probably Chase's (delayed) reaction to the Credit CARD Act of 2009's ban of universal-default.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on February 22, 2012, 03:23:47 PM
I read it as 4x4bms, did I misread?
At any rate, 4 hard pulls in one day probably raises a red flag.

Makes me feel lucky that I didn't get into trouble for this.
http://forums.dansdeals.com/index.php?topic=12170.msg154464#msg154464
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on February 22, 2012, 03:24:38 PM
I have both cards (http://forums.dansdeals.com/index.php?topic=7280.msg100808#msg100808), as do other DDFers :)

Considering 3BM doesn't work for BofA (at least not IME), it probably wasn't worth it in retrospect.

And they're not churnable?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 22, 2012, 03:25:20 PM
And they're not churnable?

They reportedly are. But considering it's 1 pull per card, I think I'll pass.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on February 22, 2012, 03:30:36 PM
They reportedly are. But considering it's 1 pull per card, I think I'll pass.

But if you're options are drying out...
Unless you're trying to kick the habit :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 22, 2012, 03:31:57 PM
But if you're options are drying out...
Unless you're trying to kick the habit :)

Now. I'm keeping my inquiries low so when the good offers come I'm ready to attack! :D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 03:43:17 PM
Now. I'm keeping my inquiries low so when the good offers come I'm ready to attack! :D
Freeze EX and B* them off TU & EQ.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 22, 2012, 03:45:00 PM
Freeze EX and B* them off TU null EQ.

B* is reportedly much harder these days, I don't have the head for it.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 03:53:19 PM
B* is reportedly much harder these days, I don't have the head for it.

I've read it flat out doesn't work anymore. Have you heard differently?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 03:56:55 PM
B* is reportedly much harder these days, I don't have the head for it.
EQ is becoming a real pain but TU is still pretty straight forward.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on February 22, 2012, 04:06:50 PM
Freeze EX and B* them off TU & EQ.

Excuse my ignorance, but what is B*? Is it the approach of using soft pulls to push off hard pulls?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 04:07:24 PM
Excuse my ignorance, but what is B*? Is it the approach of using soft pulls to push off hard pulls?

Yes.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 04:07:32 PM
Excuse my ignorance, but what is B*? Is it the approach of using soft pulls to push off hard pulls?
Yes.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on February 22, 2012, 04:09:40 PM
Sponfeed? How does that B* thingy work?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 04:20:35 PM
Sponfeed? How does that B* thingy work?
Ton of info at creditboardsDOTcom.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on February 22, 2012, 04:35:42 PM
Thanx, but why dont you say the word in full? Do you fear anythimg might happen?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 04:44:13 PM
Thanx, but why dont you say the word in full? Do you fear anythimg might happen?
Not sure if links to CB are allowed here.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 04:45:38 PM
Not sure if links to CB are allowed here.

 ::)

He's talking about B* (bumping).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on February 22, 2012, 04:51:31 PM
Right! Is B* a nasty word?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 04:55:11 PM
Is B* a nasty word?
CB pioneered B*. That is what they use. I am not going to go into the reasons they do it.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 22, 2012, 04:57:27 PM
Right! Is B* a nasty word?

My guess is that they use the B* form in order to make their threads less searchable to the CBs.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on February 22, 2012, 05:11:07 PM
I remember first reading about this a few years ago.
Here is the study I had read.
http://firstmonday.org/htbin/cgiwrap/bin/ojs/index.php/fm/article/view/2583/2246

Never took advantage though, and I would imagine that loopholes have been closed since then
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 05:17:31 PM
I remember first reading about this a few years ago.
Here is the study I had read.
http://firstmonday.org/htbin/cgiwrap/bin/ojs/index.php/fm/article/view/2583/2246

Never took advantage though, and I would imagine that loopholes have been closed since then
I know that article all to well.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on February 22, 2012, 05:19:50 PM
I know that article all to well.

I assume that much of it was known to ppl 'in the know' when it was written, and this just spread it to a larger audience?
Any actions that cc companies took to address deficiencies as a result of the article?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 22, 2012, 05:27:39 PM
I assume that much of it was known to ppl 'in the know' when it was written, and this just spread it to a larger audience?
Any actions that cc companies took to address deficiencies as a result of the article?
It is hard to say but any undue attention always results in deals ending early.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 22, 2012, 07:18:55 PM
I've read it flat out doesn't work anymore. Have you heard differently?

For EX and EQ, pretty much.

EQ is becoming a real pain but TU is still pretty straight forward.

TU isn't as important as the Es for NY/NJ residents.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on February 26, 2012, 02:19:17 PM
I posted this question elsewhere but wasn't getting the response for the right question.
For anyone out there that Chase has closed down ALL their accounts, were you able to still transfer out your points?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 26, 2012, 04:35:44 PM
I posted this question elsewhere but wasn't getting the response for the right question.
For anyone out there that Chase has closed down ALL their accounts, were you able to still transfer out your points?

No, at best you can convince them to send you a check for the points at 1cpp.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on February 26, 2012, 08:57:06 PM
No, at best you can convince them to send you a check for the points at 1cpp.
you were closed?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on February 27, 2012, 12:17:33 AM
I posted this question elsewhere but wasn't getting the response for the right question.
For anyone out there that Chase has closed down ALL their accounts, were you able to still transfer out your points?
If by "all accounts" you mean all CC accounts, then yes, the took away the points as well. This happened with a family member of mine. He did not have any other checking or savings accounts with them.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 27, 2012, 12:37:16 AM
you were closed?

Ch"v! It's been reported here by other members.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on February 27, 2012, 09:25:21 AM
If by "all accounts" you mean all CC accounts, then yes, the took away the points as well. This happened with a family member of mine. He did not have any other checking or savings accounts with them.

Thanks.

Anyone else out there have a different experience?
Would having an account with them help?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on February 27, 2012, 09:47:49 AM
Thanks.

Anyone else out there have a different experience?
Would having an account with them help?

As I answered you yesterday, the points are lost (http://forums.dansdeals.com/index.php?topic=7344.msg191041#msg191041). It does not matter if you have an account with them.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on February 27, 2012, 11:57:01 AM
There are multiple people who have been reinstated after making a fuss for being shut down, that's the only chance of saving your points.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 27, 2012, 12:01:22 PM
There are multiple people who have been reinstated after making a fuss for being shut down, that's the only chance of saving your points.
Chase seems to be shifting their policy especially after all the heat they are getting from the AARP closures.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on February 27, 2012, 02:34:44 PM
Chase seems to be shifting their policy especially after all the heat they are getting from the AARP closures.

Hopefully your right about this, here (http://forums.dansdeals.com/index.php?topic=7344.msg191079;topicseen#msg191079) is some possible aneccdotal evidence.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on February 27, 2012, 02:40:59 PM
Hopefully your right about this, here (http://forums.dansdeals.com/index.php?topic=7344.msg191079;topicseen#msg191079) is some possible aneccdotal evidence.
FWF has many data points on this happening.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on March 07, 2012, 10:53:37 AM
new report on FT http://www.flyertalk.com/forum/credit-card-programs/1321532-chase-suddenly-closed-all-my-credit-cards-due-too-many-inquiries.html
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on March 07, 2012, 12:04:33 PM
new report on FT http://www.flyertalk.com/forum/credit-card-programs/1321532-chase-suddenly-closed-all-my-credit-cards-due-too-many-inquiries.html
Interesting that we've had a member here who this happened to after switching his mortgage away from Chase and that FT'er had that happen after closing his checking with direct deposit.
Any pattern?

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 07, 2012, 01:43:25 PM
Interesting that we've had a member here who this happened to after switching his mortgage away from Chase and that FT'er had that happen after closing his checking with direct deposit.
Any pattern?
The checking was closed 6 months ago. I don’t think that would have anything to do with it. When you see isolated cases here and there it really does not show a pattern. If Chase was to go after churning bonuses you will know it. I wonder if one of the cards was an AARP card. Feb 28/29 was a bloodbath for this card.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 07, 2012, 02:14:33 PM
I wonder if one of the cards was an AARP card. Feb 28/29 was a bloodbath for this card.
Quick update. No AARP card involved so kill that idea.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 12, 2012, 02:02:42 PM
i just saw that chase closed all my wifes and my credit cards when i called them they told me that i applied to many times for credit. i tried explaining to them that it was just swithovers to different cards meanwhile nothing doing. any ideas?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 13, 2012, 09:25:42 AM
i just saw that chase closed all my wifes and my credit cards when i called them they told me that i applied to many times for credit. i tried explaining to them that it was just swithovers to different cards meanwhile nothing doing. any ideas?
Interesting... looks like the crack-down continues.

A few questions if you don't mind. It could help a lot of us.
Were your credit limits very high as a percentage of your income?
Did you apply for a lot of Chase cc's, or other cc's as well?
Do you mind sharing with us how many pulls you've had recently with the bureau that pulls Chase?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 13, 2012, 09:30:12 AM
i just saw that chase closed all my wifes and my credit cards when i called them they told me that i applied to many times for credit. i tried explaining to them that it was just swithovers to different cards meanwhile nothing doing. any ideas?
Was one of the cards AARP?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 13, 2012, 11:19:39 AM
Was one of the cards AARP?
I forgot that one :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 13, 2012, 01:48:58 PM
Interesting... looks like the crack-down continues.

A few questions if you don't mind. It could help a lot of us.
Were your credit limits very high as a percentage of your income?
my total credit limit was aprox. $90k and my Income is $65k my total credit limit at chase was $37.5k

Did you apply for a lot of Chase cc's, or other cc's as well?
Both i also downgraded a old td card i had with a fee with a 20k credit limit to a free card so they told me that they saw i got just in the last year 110k in new credit and they didn't understand (yet!!) that i dont even have 110k all together.

Do you mind sharing with us how many pulls you've had recently with the bureau that pulls Chase?
don't know exactly but too many
Was one of the cards AARP?
no
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 13, 2012, 04:53:49 PM
my total credit limit was aprox. $90k and my Income is $65k my total credit limit at chase was $37.5k

And you wonder why you got shut down?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: JEWDA on March 13, 2012, 06:11:32 PM
And you wonder why you got shut down?
+100
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 13, 2012, 06:19:11 PM
Cuz of his high "total" CL, or cuz his "Chase" CL?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 13, 2012, 06:26:33 PM
But I have a feeling that many of us have a total CL which is higher than our reported income. Often, it can happen by accident if you sign up for a bunch of cards.
If anyone wants to do an experiment and tell me what their total CL is as a percentage of their income, I'd be glad to be proven correct. :)

The bigger concern is if this is s/t that Chase plans on flagging and using as a reason to shut down all accounts, as opposed to simply denying new apps.

Until now, my understanding has always been that receiving higher CL's is always better, b/c it shows lower utilization, allows for haggling to open up a new account, etc. Perhaps this will change now...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on March 13, 2012, 06:30:37 PM
But I have a feeling that many of us have a total CL which is higher than our reported income. Often, it can happen by accident if you sign up for a bunch of cards.

Many of us active churners are in the same situation, including myself. But I don't believe that's the reason Chase shut me down. Once they shut me down, they used that as a reason, but I don't think for a second that that was the original reason for my accounts being flagged.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on March 13, 2012, 07:07:34 PM

Until now, my understanding has always been that receiving higher CL's is always better, b/c it shows lower utilization, allows for haggling to open up a new account, etc. Perhaps this will change now...

It's never changed. It's always been like this. See my other post on this. It's just a matter of the enforcement the risk department. High CL's have the 1) utilization relationship and  2) income to (excesive) oustanding  credit relationship used by risk.

Each time you open a new line and your outstanding credit goes up to your reported income it changes the ratio somewhat. Same goes for account closures among cards.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 13, 2012, 07:19:50 PM
It's never changed. It's always been like this. See my other post on this. It's just a matter of the enforcement the risk department. High CL's have the 1) utilization relationship and  2) income to (excesive) oustanding  credit relationship used by risk.

Each time you open a new line and your outstanding credit goes up to your reported income it changes the ratio somewhat. Same goes for account closures among cards.

Am I the only one who doesn't understand this post?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 13, 2012, 08:37:28 PM
Am I the only one who doesn't understand this post?
+1 I admire your courage...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 13, 2012, 08:40:13 PM
i just saw that chase closed all my wifes and my credit cards when i called them they told me that i applied to many times for credit. i tried explaining to them that it was just swithovers to different cards meanwhile nothing doing. any ideas?
did they close your cards and your wife's cards at the same time?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 13, 2012, 08:40:36 PM
Am I the only one who doesn't understand this post?

I tried... and failed.

did they close your cards and your wife's cards at the same time?

His post implies that he will not have the answer to that question.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 13, 2012, 08:48:50 PM
Would be easy to find out via PUTPAC. Aint it funny they destroyed a happy marriage at one shot?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 13, 2012, 10:50:41 PM
did they close your cards and your wife's cards at the same time?
no my wifes a day before mine
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 13, 2012, 10:53:20 PM
And you wonder why you got shut down?
i got approved for new cards even after i went above my income so i didn't think i have to worry
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on March 13, 2012, 11:05:30 PM
Sorry everyone for not being clear. I was in a rush out the door.

My point is there seems to be some belief here that this sudden closure of accounts is a new phenomenon.
Risk closures have been around for years, but are entirely at the discretion of the lender to enforce such actions.
I'm actually surprised that we don't hear more of these stories with the appo-rama behavior in the last few years.
While having high credit lines seems great for your scores, behind the scenes the lender is looking at your
total available credit you have to (possibly) go bezerk with. This outstanding credit has a close relationship with the income
last reported. Ideally, if "outstanding credit" increases 50% in one year, the lender would want to see income increased as well.

Lenders consider what has been stated for the income on the last application. If the income is suddenly below their guidelines as a result of the 50% increase in outstanding credit, they may feel uneasy.... unless you apply with them on a new app and suddenly have a proportional (by whatever they deem proportional) increase with your newly reported income.

This goes for both accounts within the lender itself and outstanding credit they see recently granted by other lenders.
Now, it would seem to make sense that one lender would have less exposure and less risk if other lenders are granting the credit.
However, they are still looking at your income to outstanding credit ratio (regardless of who it comes from). So the income still becomes a limiting factor with regard to risk exposure (actually, more complex than that as it involves age of lines and other factors too). As lines go up, so should income. If not, then creditors start getting nervous, particularly with revolving and high usage accounts.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 01:34:45 AM
Sorry everyone for not being clear. I was in a rush out the door.
Chase has not in the past closed accounts for excess CL’s. They would balance chase or lower your CL’s directly.

As for those that think total credit available greater than your stated income is a red flag have a lot to learn.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 14, 2012, 01:57:15 AM
Chase has not in the past closed accounts for excess CL’s. They would balance chase or lower your CL’s directly.

As for those that think total credit available greater than your stated income is a red flag have a lot to learn.
So what do you think their biggest flags are, besides for the AARP stuff?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 02:30:28 AM
So what do you think their biggest flags are, besides for the AARP stuff?
It is hard to figure out since it does not happen that often (excluding AARP). My guess would be outstanding debt and/or many new accounts opened.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 14, 2012, 03:30:35 AM
and/or many new accounts opened.

Accounts with them, or overall accounts?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on March 14, 2012, 09:18:14 AM
Chase has not in the past closed accounts for excess CL’s. They would balance chase or lower your CL’s directly.

As for those that think total credit available greater than your stated income is a red flag have a lot to learn.

+1. My total CL of all my cards is probably at least 2 times my annual income if I Include the Amex cards .Actually with the high Amex limits it might be as high as 3 X .
 I guess the length of credit really comes into play .
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 09:35:41 AM
Those that think lenders do not consider it a risk/red flag to have access to $100,000 in monthly credit with only $50,000 of stated annual income are incredibly naive.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 14, 2012, 09:37:40 AM
Those that think lenders do not consider it a risk/red flag to have access to $100,000 in monthly credit with only $50,000 of stated annual income are incredibly naive.
Tread lightly, or grandpa will pull the age card (http://forums.dansdeals.com/index.php?topic=13170.msg171806#msg171806) on you :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 14, 2012, 09:44:04 AM
Tread lightly, or grandpa will pull the age card (http://forums.dansdeals.com/index.php?topic=13170.msg171806#msg171806) on you :P

Ooh, feel the heat
:)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 09:46:11 AM
Tread lightly, or grandpa will pull the age card (http://forums.dansdeals.com/index.php?topic=13170.msg171806#msg171806) on you :P

(http://smileys.smilchat.net/emoticon/expressions/peur/effraye-2.gif)

As Aldous Huxley said, "Experience teaches only the teachable."
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 14, 2012, 10:40:24 AM
(http://smileys.smilchat.net/emoticon/expressions/peur/effraye-2.gif)

As Aldous Huxley said, "Experience teaches only the teachable."

Well said. <3 the smiley.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 10:42:14 AM
Well said. <3 the smiley.

...and the fact that you quoted me means he will see what I wrote (though I am sure that fact was not lost on you) :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 14, 2012, 10:43:08 AM
...and the fact that you quoted me means he will see what I wrote (though I am sure that fact was not lost on you) :P

Loving it! Though he blocked my PMs, so I might be iggied by him as well.

ETA: Nah, he quoted me recently (http://forums.dansdeals.com/index.php?topic=10632.msg195977#msg195977), so probably not.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 10:55:33 AM
Loving it! Though he blocked my PMs, so I might be iggied by him as well.

ETA: Nah, he quoted me recently (http://forums.dansdeals.com/index.php?topic=10632.msg195977#msg195977), so probably not.

Uh oh... after he realizes you may quote me in the future, he's going to have to block you, too. But, wait, if he blocks you because you might quote me, doesn't that mean he'd have to block everyone else, too? (http://www.animated-smileys.com/smileys/laughing/animated-smileys-laughing-010.gif)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: MLM on March 14, 2012, 11:00:58 AM
Would it be worth calling them up to lower my CL? I have $58,000 of credit with them on 3 cards.

Continental Business 30k
United personal 10k
sapphire    18 k

Also would it be wise to transfer my UR points to an airline now?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 11:04:13 AM
+1. My total CL of all my cards is probably at least 2 times my annual income if I Include the Amex cards .Actually with the high Amex limits it might be as high as 3 X .
 I guess the length of credit really comes into play .
Almost everyone I deal with this is the case. Many have total CL’s 4-5X income. It seems for the kids just starting out this will not be the case.  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 11:05:18 AM
Would it be worth calling them up to lower my CL?
No!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 14, 2012, 11:05:27 AM
It seems for the kids just starting out this will not be the case.  :)

Obligatory I told you so :D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on March 14, 2012, 11:06:59 AM


Also would it be wise to transfer my UR points to an airline now?
Are you particularly worried that they may shut you down? If yes, then transfer them out the sooner the better.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 11:07:45 AM
Would it be worth calling them up to lower my CL? I have $58,000 of credit with them on 3 cards.

Continental Business 30k
United personal 10k
sapphire    18 k

Also would it be wise to transfer my UR points to an airline now?

How much was your stated annual income?

Also, even if it's considerably less than $58,000, I'm not suggesting that will cause an auto A/A. But I do believe it is a red flag. Whether or not your reduce your CLs or transfer out your points depends on your appetite for risk.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 14, 2012, 11:08:20 AM
Would it be worth calling them up to lower my CL? I have $58,000 of credit with them on 3 cards.

Continental Business 30k
United personal 10k
sapphire    18 k

Apply again and report higher income :)

Are you particularly worried that they may shut you down?

Ostensibly that's what he's saying.

Also, even if it's considerably less than $58,000, I'm not suggesting that will cause an auto A/A. But I do believe it is a red flag.

Auto-A/A? I doubt Chase would automate that process, they probably all get flagged for review and reviewed by an analyst to decide on A/A.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 11:19:22 AM
Though he blocked my PMs, so I might be iggied by him as well.
You needed a time out.  :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 14, 2012, 11:19:58 AM
Totally unfair to to shut down all hard-earned points along with the cards. If they say the AA reason is just because of too high CL, (no fraud), than why do they fine you and eliminate all the points you earned? how do they explain that?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 11:22:26 AM
Totally unfair to to shut down all hard-earned points along with the cards. If they say the AA reason is just because of too high CL, (no fraud), than why do they fine you and eliminate all the points you earned? how do they explain that?
T&C's state they can close your card for any reason. They are closing AARP cards so they don’t have to pay the rewards.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 14, 2012, 11:25:30 AM
You needed a time out.  :P

Feel free to time me out permanently, I don't mind at all.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 14, 2012, 11:26:41 AM
I know that. But how do they EXPLAIN it for ya?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 11:29:26 AM
I know that. But how do they EXPLAIN it for ya?
Account not used as intended.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 11:30:09 AM
I know that. But how do they EXPLAIN it for ya?

They don't have to. And often they don't.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on March 14, 2012, 12:31:46 PM
I know that. But how do they EXPLAIN it for ya?

They don't need to. For one thing, it acts as a deterrent for those that understand the repercussions of opening up too much credit in a short period. I doubt they'd want to give you a reason to avoid any lawsuits anyhow.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: MLM on March 14, 2012, 01:01:39 PM
Can they take back points from united once they post?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 14, 2012, 01:41:36 PM
And you wonder why you got shut down?
what would you say about my wifes cards that in total she has a 47k CL and by chase 15k and she also got closed down. they told me that on the Credit Report it says that she has 4 chase cards (when she only has 3. 1 she switched over and closed down about 3 months ago) and 70k in total CL. when i tried to tell them that its not true they told me go dispute your credit report! I got one and i'm still trying to convince them.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 01:46:02 PM
what would you say about my wifes cards that in total she has a 47k CL and by chase 15k and she also got closed down. they told me that on the Credit Report it says that she has 4 chase cards (when she only has 3. 1 she switched over and closed down about 3 months ago) and 70k in total CL. when i tried to tell them that its not true they told me go dispute your credit report! I got one and i'm still trying to convince them.

Generally, closed accounts stay on one's CR for 10 years. Perhaps the Chase CSR saw the closed (fourth) account, and mistakenly thought you had four open? I don't know.

Also, how am I (or anyone else) supposed to evaluate your wife's position without knowing her stated income? 47K (or 70K) CL vs ??K income?

Last, it's been known that once Chase shuts down someone at an address, others can soon follow. Ask Avid Reader (or read earlier in this thread).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 14, 2012, 01:53:09 PM
Generally, closed accounts stay on one's CR for 10 years. Perhaps the Chase CSR saw the closed (fourth) account, and mistakenly thought you had four open? I don't know.
if he looked on her credit report she switched more than 1 account in the past 10 years.

Also, how am I (or anyone else) supposed to evaluate your wife's position without knowing her stated income? 47K (or 70K) CL vs ??K income?
$65k
Last, it's been known that once Chase shuts down someone at an address, others can soon follow. Ask Avid Reader (or read earlier in this thread).
but they closed hers before mine.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on March 14, 2012, 01:56:52 PM
I love how everyone is giving opinions on something that they know nothing about for certain.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 01:58:01 PM
if he looked on her credit report she switched more than 1 account in the past 10 years.
$65k
but they closed hers before mine.

1. More than one Chase account?
2. 65k income vs. (what s/he believes is) 70K CL = red flag (IMHO) which may = fail.
3. So? From you to her or her to you is irrelevant. They're known to close more than one person at the same address. "Painting with broad strokes..." "Casting a wide net..." Pick your metaphor.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 14, 2012, 01:58:43 PM
At least we know much better than 99% of all Chase CSR and employees
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 14, 2012, 02:22:13 PM
Hi All,
I'm sooooo scared :(.... and seriously need someone to calm me.

Here are my open credit cards, Credit Lines and other info/factors:

CHASE PERSONAL
• Chase Sapphire Preferred: 5k (Applied 6/'11)
• Chase Continental One Pass: 5k (Applied 11/'11)
• Chase Southwest: 5k (Applied 11/'11)

CHASE BUSINESS (legit business with fed Tax ID - but had to provide my SSN as well)
• Chase GM Business Card: 7500 (Applied 5/'11)
• Chase Business Ink Bold "Charge Card": flexible spending limit: 25k (Applied 11/'11

Other financial institutions:
PERSONAL
• Citi AAdvantage: 7k (Applied 6/'11)
• HSBC GM Card: 3k (Applied 5/'11)
• Amex Platinum "Charge Card" CL: ? (Applied 7/'11)
• Amex Premier Gold "Charge Card" CL: ? (Applied 7/'11)

BUSINESS
• Amex Business Membership Rewards Card: 4700 (Applied 12/'10

FACTS
• Fact 1: my last reported annual income with chase was 85k
• Fact 2 : When I opened the Chase Sapphore Preferees on 6/'11, I had to close Slate card with a 5k CL that I had since 2008.
• Fact 3: some of the mentioned cards were done on a 3bm.
• Fact 4: I do have a chase personal checking and saving as well as a Chase Business Checking

- Total Chase Personal Credit Line: 15k
- Total Citi Personal CL: 7k
- Total HSBC Personal CL: 3k
- Total Amex Personal (2 Charge Cards) CL: ?
- Total Amex Business CL: 4700
- Total Chase Business CL: 7500 + Ink Bold business charge card with 25 spend limit

So here are my questions:
1. how do they calculate an Amex charge card credit limit?
2. how do they calculate the ink business cahrge card credit limit (when they do say I have a spending limit of 25k on it)?
3. Do they include my business credit lines at all? I know that it doesn't affect utilization ratio but how about calculating risk factor?
4. What does AARP stand for?

AM I AT RISK???? AND WHAT CAN I DO TO REDUCE THE RISK OF A/A??

Thanks much!



Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 14, 2012, 02:30:06 PM
1. More than one Chase account?
yes
2. 65k income vs. (what s/he believes is) 70K CL = red flag (IMHO) which may = fail.
so that goes with everybody that keeps on switching accounts
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 02:46:35 PM
yes so that goes with everybody that keeps on switching accounts

Honestly, I don't know much about Chase's internal risk department or their A/A department. Nor can I explain why a Chase CSR thought you had 4 open accounts when you in fact had 3. I thought it might be because he or she confused a closed account with an open one, but you said that you had other closed Chase accounts on your CR, so there goes that. 

All I am saying is that having a monthly credit line which exceeds your annual stated income is certainly not a good thing.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on March 14, 2012, 02:50:05 PM
Honestly, I don't know much about Chase's internal risk department or their A/A department. Nor can I explain why a Chase CSR thought you had 4 open accounts when you in fact had 3. I thought it might be because he or she confused a closed account with an open one, but you said that you had other closed Chase accounts on your CR, so there goes that. 

All I am saying is that having a monthly credit line which exceeds your annual stated income is certainly not a good thing.
just saying you logic is a little faulty you don't have monthly credit line. You have a total credit line it is not time based if i have a5k cl i can't owe them more than 5k at any one time it may be that i pay it off every month so i can spend 5k every month but that does not mean i have a 5k a month cl
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 02:53:12 PM
So here are my questions:
1. how do they calculate an Amex charge card credit limit?
2. how do they calculate the ink business cahrge card credit limit (when they do say I have a spending limit of 25k on it)?
3. Do they include my business credit lines at all? I know that it doesn't affect utilization ratio but how about calculating risk factor?
4. What does AARP stand for?

AM I AT RISK???? AND WHAT CAN I DO TO REDUCE THE RISK OF A/A??

Thanks much!

1. Technically, there is no "limit" for charge cards, at least officially. That being said, there is an amount (based initially on your credit report and adjusted according to your spending patterns thereafter) after which new charges will no longer be approved.
2. Others can chime in.
3. I'm not an expert, nor do I work for Chase's risk department, but I would imagine that they include all accessible credit in determining potential downside risk.
4. Chase AARP (http://www.aarpcreditcard.com/Default).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 02:56:23 PM
just saying you logic is a little faulty you don't have monthly credit line. You have a total credit line it is not time based if i have a5k cl i can't owe them more than 5k at any one time it may be that i pay it off every month so i can spend 5k every month but that does not mean i have a 5k a month cl

My logic is fine, but you're right about a CL not being time-based. I was just using that as a point of contrast. I guess I could have been clearer. Also, with charge cards and NPSL cards, you can in fact owe to the FI more than the allotted 5k.

The bottom line, however, is still the same: Having unfettered access to a credit line that (far) exceeds your annual stated income is not a good thing.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 14, 2012, 03:31:07 PM
I love how everyone is giving opinions on something that they know nothing about for certain.

We're trying to notice/assume patterns, so we can fly under Chase's radar.

At least we know much better than 99% of all Chase CSR and employees

+1

The fact that Chase's CSR told oldguy something about his wife's account is no proof to anything, since the CSR is (presumably) from the CS department* and won't know much about the shutdown (besides what's in the notes).

*) even if it was a credit analyst, they might be as clueless as we are about these shutdowns, if they don't work in the Chase department that's doing this.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 03:45:19 PM
We're trying to notice/assume patterns, so we can fly under Chase's radar.
…then you need to get outside of your controlled little world then. Try FWF or FT and post this nonsense about having total credit available greater than your stated income is a red flag. Where do you get this BS from?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: JEWDA on March 14, 2012, 03:46:50 PM
…then you need to get outside of your controlled little world then. Try FWF or FT and post this nonsense about having total credit available greater than your stated income is a red flag. Where do you get this BS from?
Once again HelpMe promoting every site besides for DDF.....

Why do you come here at all?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on March 14, 2012, 03:48:12 PM
…then you need to get outside of your controlled little world then. Try FWF or FT and post this nonsense about having total credit available greater than your stated income is a red flag. Where do you get this BS from?

U bee on sum boolsshit dawg! ::)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 03:50:25 PM
Once again HelpMe promoting every site besides for DDF.....

Why do you come here at all?
I am not promoting any site. You want to look for a pattern it might be best to look at thousands of data points. Why don't you complain when someone else posts deals from those sites?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 14, 2012, 03:50:35 PM
…then you need to get outside of your controlled little world then. Try FWF or FT and post this nonsense about having total credit available greater than your stated income is a red flag. Where do you get this BS from?

1.  We've discussed this already, I read other forums (nd sources besides for forums) too.
2. Where did I say what you're calling nonsense.
3. Do you have alternative suggestions, or you just want to bash other peoples' hypotheses?
4. Using terms like nonsense and BS isn't following netiquette.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 14, 2012, 03:53:13 PM
I have in mind to creat a new thread in the JS board, named "slaming HelpMe", and whoever wants to engage with him in a provocative manner (as he does) but not related to credit card issues, should post it there. A big portion of threads in the Credit Card board are devoted for fights and nasty exchanges with HelpMe. Here is not the place for that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on March 14, 2012, 03:53:45 PM
Hi All,
I'm sooooo scared :(.... and seriously need someone to calm me.







chill, no one here has any proof to what they are saying it's pure guess work, seriously - chill. we need much more info until we figure out what's going on here.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: SPLP on March 14, 2012, 03:56:04 PM
HELP ME

…"then you need to get outside of your controlled little world then. Try FWF or FT and post this nonsense about having total credit available greater than your stated income is a red flag. Where do you get this BS from?"

U HAVE SUCH A BIG MOUTH !!-- WHY NOT CLOSE IT AND GO TO THE "OTHER SITES" AND COME BACK WITH ALL THAT GREAT INFO U  BELEIVE WE CAN FIND
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on March 14, 2012, 04:00:50 PM
HELP ME

…"then you need to get outside of your controlled little world then. Try FWF or FT and post this nonsense about having total credit available greater than your stated income is a red flag. Where do you get this BS from?"

U HAVE SUCH A BIG MOUTH !!-- WHY NOT CLOSE IT AND GO TO THE "OTHER SITES" AND COME BACK WITH ALL THAT GREAT INFO U  BELEIVE WE CAN FIND
Stop shouting! And not taking sides but HelpMe has a point in saying that if we really want to get to the bottom of this it would be wise to look at the bigger picture. It would paint a clearer picture versus strictly looking at the few individuals he that got AA'd.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 04:01:56 PM
We're trying to notice/assume patterns, so we can fly under Chase's radar.

+1, unless someone has direct access to the Chase department responsible for A/A, trial and error/guessing are the best tools we have... No one is suggesting to only look at DDF to get info on which to base these guesses.

Why do you come here at all?

+1 - it's a riddle I cannot crack.

U bee on sum boolsshit dawg! ::)

 :D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 04:06:17 PM
chill, no one here has any proof to what they are saying it's pure guess work, seriously - chill. we need much more info until we figure out what's going on here.
It is not guess work when there are thousands of data points out there. Many having been doing AOR’s for the past ten years. There has never been a pattern with Chase accounts being closed because your total CL’s exceed your stated income. No need for anyone to believe me. Take a little time and investigate for yourself.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: SPLP on March 14, 2012, 04:10:07 PM
Stop shouting! And not taking sides but HelpMe has a point in saying that if we really want to get to the bottom of this it would be wise to look at the bigger picture. It would paint a clearer picture versus strictly looking at the few individuals he that got AA'd.

O.K. send Help Me , let him come back after he has all the answers
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 14, 2012, 04:15:09 PM
He said already, a lot of AORs
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 04:22:48 PM
He said already, a lot of AORs
The point is it does not matter what my or any other single person’s experience is. You have to look at the “big picture” as a previous poster said. If another forum has many more data points than DDF that does not mean that someone is putting down DDF when they suggest to look there.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on March 14, 2012, 04:25:19 PM
The risk models and scoring systems they use are probably so complex that I doubt even their own managers could explain if these two factors alone could cause closure. They probably have a system that does indeed look at dozens of data relationships that may even include merchant-type purchase behavior in a variance risk scoring system. Although no one would ever be able to prove a definitive link between having too much credit vs stated income, it still would seem to make more sense to consider it a factor than not. How would the issuer be at an advantage to not consider this relationship into their analysis? Banks probably have some of the most sophisticated protocols used next to terrorism analysis with the CIA.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 04:37:05 PM
The risk models and scoring systems they use are probably so complex that I doubt even their own managers could explain if these two factors alone could cause closure. They probably have a system that does indeed look at dozens of data relationships that may even include merchant-type purchase behavior in a variance risk scoring system. Although no one would ever be able to prove a definitive link between having too much credit vs stated income, it still would seem to make more sense to consider it a factor than not. How would the issuer be at an advantage to not consider this relationship into their analysis? Banks probably have some of the most sophisticated protocols used next to terrorism analysis with the CIA.

Here, here!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on March 14, 2012, 04:44:56 PM
If it was just due to 3bms and total credit lines exceeding income I'd have been shut down many years ago already...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 14, 2012, 04:51:17 PM
If it was just due to 3bms and total credit lines exceeding income I'd have been shut down many years ago already...
I was wondering about that. Willing to share with us your estimated % of CL to income? No need to disclose either, the % would be interesting enough.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 04:55:10 PM
The risk models and scoring systems they use are probably so complex that I doubt even their own managers could explain if these two factors alone could cause closure. They probably have a system that does indeed look at dozens of data relationships that may even include merchant-type purchase behavior in a variance risk scoring system. Although no one would ever be able to prove a definitive link between having too much credit vs stated income, it still would seem to make more sense to consider it a factor than not. How would the issuer be at an advantage to not consider this relationship into their analysis? Banks probably have some of the most sophisticated protocols used next to terrorism analysis with the CIA.
..but the evidence suggests there is no link. Where are all the account closures from members that have done AOR’s for the past ten years? Some have 10X there stated income in total CL’s. We should see hundreds if not thousands of post in this regard. Look at the AARP card. When Chase takes action you see many reports right away. Please point me to all these account closures by Chase due to CL’s greater than stated income.   
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 05:05:58 PM
If it was just due to 3bms and total credit lines exceeding income I'd have been shut down many years ago already...
Thousands would be right with you. Hopefully this will put an end to the notion accounts are getting shut down due to CL’s greater than stated income.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on March 14, 2012, 05:07:31 PM
I'm not going to say it's not a factor, but it's definitely not the only factor.
Same goes for F/R, I think it takes many different factors until they decide to F/R or A/A you.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 14, 2012, 05:09:37 PM
..but the evidence suggests there is no link. Where are all the account closures from members that have done AOR’s for the past ten years? Some have 10X there stated income in total CL’s. We should see hundreds if not thousands of post in this regard. Look at the AARP card. When Chase takes action you see many reports right away. Please point me to all these account closures by Chase due to CL’s greater than stated income.   
But what's to say it's not a new policy being instituted now? The past isn't always an indicator of the future.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 14, 2012, 05:10:03 PM
Thousands would be right with you. Hopefully this will put an end to the notion accounts are getting shut down due to CL’s greater than stated income.

You consistently are missing the point. No one has said that it alone will cause an A/A.

For your reference:

Those that think lenders do not consider it a risk/red flag to have access to $100,000 in monthly credit with only $50,000 of stated annual income are incredibly naive.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on March 14, 2012, 05:32:55 PM
..but the evidence suggests there is no link. Where are all the account closures from members that have done AOR’s for the past ten years? Some have 10X there stated income in total CL’s. We should see hundreds if not thousands of post in this regard. Look at the AARP card. When Chase takes action you see many reports right away. Please point me to all these account closures by Chase due to CL’s greater than stated income.

"Open to income comes up as well."

Anonymous said...
In a former career I was a credit analyst and risk detection analyst with MBNA, 12-15 years ago range. My unit's job was to identify and assess risk of open, high credit lines in relation to total amount of open revolving lines and shut them down if the situation looked like a house of cards. It wasn't fun, but in hind sight I get what they were searching for - Houses made from cards. They were eliminating hefty risks before they got to be one. This situation sound like the account hit an algorithm Chase didn't like and risk hit the button. D/I isn't the only thing they reassess. Open to income comes up as well. Though shutting down all of his cards sounds extreme; lower lines perhaps, but shut down shouldn't happen if credit worthiness still exists. -Mike H
(http link removed, sorry about that. We might know who FG is for reference)
I guess you could take his word for what it's worth. I would assume Open mean available credit.

"I see. Well the interesting thing is that I asked Amex for a CLI at 8 months which they denied b/c my credit to income was sufficient in their eyes. I was surprised b/c my history with them (and in general) is good"

"The CSR said I should not expect any CLI until my income changes"
http://ficoforums.myfico.com/t5/Credit-Cards/Available-credit-to-income-and-CLIs/td-p/1237377

Putting down that one owns property/investment assets does help in reducing this type of closure.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 14, 2012, 07:35:31 PM
But what's to say it's not a new policy being instituted now? The past isn't always an indicator of the future.
You are 100% correct. Did their policy change yesterday? We can only go by what is currently happening.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 15, 2012, 11:39:38 PM
got a letter from chase they lowered cl from 15k to 1k on opp and 5k to 1k on sp. i am not sure if i got close to  aa or this is somthing dif
 ( btw sp was lowered to 1k this can be dif than moving cl from one card to another)
a little nervous i have 5 ppl at same address with 200k ur
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 15, 2012, 11:47:52 PM
got a letter from chase they lowered cl from 15k to 1k on opp and 5k to 1k on sp. i am not sure if i got close to  aa or this is somthing dif
 ( btw sp was lowered to 1k this can be dif than moving cl from one card to another)
a little nervous i have 5 ppl at same address with 200k ur

How much income did you report? Any idea what triggered this?

200k UR each, or total?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 15, 2012, 11:48:53 PM
reading thru the thread, why is it that i see comments that x is not a reason to flag aa because mr a got aa and he didnt do x. y is not a flag because mr b didnt do y and got flagged. as if we are looking for 1 common cause for all cases, but when it comes to amex fr we have a long long list of risk and many ppl got fried for all sorts of reasons
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 15, 2012, 11:51:14 PM
reading thru the thread, why is it that i see comments that x is not a reason to flag aa because mr a got aa and he didnt do x. y is not a flag because mr b didnt do y and got flagged. as if we are looking for 1 common cause for all cases, but when it comes to amex fr we have a long long list of risk and many ppl got fried for all sorts of reasons

You're going to have to be more specific with some examples of what was suggested is not an A/A trigger.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 15, 2012, 11:52:35 PM
How much income did you report? Any idea what triggered this?

200k UR each, or total?
200k total. it said due to recent review of cr, new accounts  and inq (i did aor  so they didnt see it till a month later when the new account and inq posted to cr)
100k income (total cl form all banks was 35% of stated incom)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 15, 2012, 11:56:27 PM
You're going to have to be more specific with some examples of what was suggested is not an A/A trigger.
i thought i saw ppl trying to shoot down aor being a risk , high cl being a risk , using/abusing signup offers, (or like helpme would refer to it maximizing benefits) . they can all be risks
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 16, 2012, 12:09:38 AM
i thought i saw ppl trying to shoot down aor being a risk , high cl being a risk , using/abusing signup offers, (or like helpme would refer to it maximizing benefits) . they can all be risks
100% right!

Another factor I've recently came across somewhere on the web, freezing your credit reports.. Don't know how much of sense this makes but I can see it raise another batch of suspicions (imagine urself being an auditor for chase and when u find something fishy u'd first wanna take a look at that person's credit reports - only to find that this person has frozen his credit reports... Not the best impression..

Perhaps an other string to attach to this funky fadey a/a issue
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 16, 2012, 12:15:23 AM
100% right!

Another factor I've recently came across somewhere on the web, freezing your credit reports.. Don't know how much of sense this makes but I can see it raise another batch of suspicions (imagine urself being an auditor for chase and when u find something fishy u'd first wanna take a look at that person's credit reports - only to find that this person has frozen his credit reports... Not the best impression..

Perhaps an other string to attach to this funky fadey a/a issue

Current creditors have access to your credit reports, even frozen ones.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 16, 2012, 12:42:08 AM
Current creditors have access to your credit reports, even frozen ones.

From what i know, To a certain degree. But limited though.

And they can def see that you froze it which doesn't make them happy I assume.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 16, 2012, 12:47:39 AM
From what i know, To a certain degree. But limited though.

And they can def see that you froze it which doesn't make them happy I assume.

Not sure why you think it would be limited in any way, shape, or form.

Also, I don't agree that a frozen report would indicate to them anything nefarious or suspicious.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 16, 2012, 01:24:34 AM
Not sure why you think it would be limited in any way, shape, or form.

Also, I don't agree that a frozen report would indicate to them anything nefarious or suspicious.

+1

The only time they even know you froze it is when you're applying for new/additional credit. With soft pulls they probably don't even know. I doubt it's a flag.

200k total. it said due to recent review of cr, new accounts  and inq (i did aor  so they didnt see it till a month later when the new account and inq posted to cr)
100k income (total cl form all banks was 35% of stated incom)

Did you call and ask about the CL cuts? What did they say?

i thought i saw ppl trying to shoot down aor being a risk , high cl being a risk , using/abusing signup offers, (or like helpme would refer to it maximizing benefits) . they can all be risks

The latter two are definitely risky IMHO, the first one is probably a factor when they review you, but I don't think it's  flag.

There's a major difference between Chase A/A and Amex F/R (which is indicated by their respective names, action vs. review):

With Amex everyone who is F/R'd knows they are under F/R. With Chase, since they don't notify you unless they're actually taking adverse action, you don't even know if you're being reviewed. So theoretically many people are being reviewed (e.g. after AOR or even 3BM) and passing with flying colors.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on March 16, 2012, 01:59:49 AM
From what i know, To a certain degree. But limited though.

And they can def see that you froze it which doesn't make them happy I assume.

As others stated,
I don't believe current creditors would be limited in any way either. I have 2 of mine frozen. I just checked tonight and 6 of my creditors all did account reviews on me in January. Whether this is a marketing review, risk review, I don't know. I believe they show up as soft pulls but could easily be full blown bureaus if they are A/R's. Amex and Amex 2(what is that?) checked me 3 times in January(??).

I also logged onto USAA tonight and find a preapproval for 25k with 17mnths no interest on convenience checks and fee waived if 'electronically deposited' into a USAA account. Pretty tempting just to get a decent chunk of utilization over the next few month and become attractive to other issuers in the future. But that amount is = to 3 of my highest cards. Might be too much to risk.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 16, 2012, 02:39:58 AM
i thought i saw ppl trying to shoot down aor being a risk , high cl being a risk , using/abusing signup offers, (or like helpme would refer to it maximizing benefits) . they can all be risks
Almost everything we do creates some kind of risk. Some base their opinion on their personal experience. My approach is to base it on as many different opinions I can find. You then evaluate the risk you feel comfortable with from there.

A great example was during the AOR days. I had close to 400k in outstanding debt at 0% earning me 4-5%. I can’t tell you how many times at CB they told me I was crazy. They did not have all the data points that were available from other sources. It turned out just great for me. Was I lucky or was it because I made an informed decision?

The bottom line is get as much information you can no matter if it comes from DDF or another forum.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 16, 2012, 03:47:11 AM
A great example was during the AOR days. I had close to 400k in outstanding debt at 0% earning me 4-5%.

If only I had entered the game earlier in my life, I could've retired soon.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 16, 2012, 01:02:56 PM

Did you call and ask about the CL cuts? What did they say?

didnt call i dont see any reason too, it says it was cut bc of recenct card accounts an inq. not looking to put up a fight and maybe be further reviewed
There's a major difference between Chase A/A and Amex F/R (which is indicated by their respective names, action vs. review):

With Amex everyone who is F/R'd knows they are under F/R. With Chase, since they don't notify you unless they're actually taking adverse action, you don't even know if you're being reviewed. So theoretically many people are being reviewed (e.g. after AOR or even 3BM) and passing with flying colors.
are you explaining why ppl are knocking off alot of potential risk factors without definite proof
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on March 16, 2012, 01:11:38 PM
Almost everyone I deal with this is the case. Many have total CL’s 4-5X income. It seems for the kids just starting out this will not be the case.  :)


Great. On my next APPORAMA I will try to get that to 5x  ;D

Waiting for some lucrative offers.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on March 16, 2012, 02:10:03 PM
If it was just due to 3bms and total credit lines exceeding income I'd have been shut down many years ago already...


  Why would they shut down someone who brings them customers . They are willing to screen the customers you send them,  just like casinos will bar
the card counters when they catch them, or anyone else they deem undesireable .

  Not barring the Bus line that brings the players, or stopping the ads for gambling, You are in the sweet spot .
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Saver2000 on March 16, 2012, 03:01:46 PM

  Why would they shut down someone who brings them customers . They are willing to screen the customers you send them,  just like casinos will bar
the card counters when they catch them, or anyone else they deem undesireable .

  Not barring the Bus line that brings the players, or stopping the ads for gambling, You are in the sweet spot .

You think A/As and F/Rs are manually triggered ???
Even if they were, you think that in my credit file it says that I'm "CEO at DansDeals."  Those guys couldn't care less!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 18, 2012, 11:30:13 AM


You stopped reading one post too soon.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Saver2000 on March 18, 2012, 11:46:23 AM
You stopped reading one post too soon.
???
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 18, 2012, 12:03:12 PM
???

Ho hum (http://forums.dansdeals.com/index.php?topic=12889.msg167279#msg167279).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on March 18, 2012, 01:30:57 PM
A/A  ?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 18, 2012, 02:15:06 PM
A/A  ?
Not sure what A/A is but AA = Adverse Action.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 18, 2012, 02:29:58 PM
Not sure what A/A is but AA = Adverse Action.
No offense to to anyone but I admire your courage Mr. HelpMe.
You simple answered a question on an acronym without attacking with phrases like this:
"read all the pages of the thread"

All the fellow DDF'ers are continually contributing a great deal of knowledge and Data Points at this crucial concerning issue but sometimes- unintentionally - it gets a lil nasty with attacks when people are asking simple questions...

Let's keep this great DDF Thread positive and helpful for everybody.
Unity is the only way we'll achieve our goal in gettkng clarification on this scary Adverse Action controversy.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on March 18, 2012, 06:53:32 PM
AA on DD/FT is an airline...thus A/A is adverse action a la F/R.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 18, 2012, 07:11:56 PM
This law group has already taken upon chase for changing thier credit card terms "although Chase states in their T&C that they can change terms and basically do whatever they deaire.

 I'm thinking of contacting them expressing our concerns

http://www.braunlawgroup.com/chase-bank-usa-n-a/
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 18, 2012, 07:40:39 PM
The case actually started back in '08-'09 when the lower federal court dismissed the case upon Chase's motions.
The federal appellate court however, overturned the dismissal and gave the go ahead for the Barrers to proceed wit the case.

There are a lot of similarities with one of them being that Chase didn't properly notify the
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 18, 2012, 07:45:32 PM
AA on DD/FT is an airline...thus A/A is adverse action a la F/R.
Adverse Action (AA) was around before DDF or FT. No offense meant to either forum.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on March 18, 2012, 07:57:54 PM
Adverse Action (AA) was around before DDF or FT. No offense meant to either forum.
Maybe so, but whats that gotta do with the way the forums generally refer to them? IMHO AA=American Airlines because that is referred to much more often than Adverse Action.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 18, 2012, 08:13:41 PM
Another crazy closure story (if true...)
Source: www.chase-sucks.org

I am a 60 year old disabled person. On March 13, 2012, i opened a checking account online at http://www.chase.com because I can not drive. I had my daughter to deposit all of my $9,100.00+ disability check at the local branch, which chase accepted with a standard smile. Next day I wanted to pay a bill, but my account was blocked. I called chase at 1-877-691-8086 and they said I had to come to the branch. On March 14, 2012 my daughter took time off work to drive me to the branch at 1380 W Capitol Ave, West Sacramento, CA 95691, 916-373-9357. At the branch I had my passport, CA id, social security card etc. The branch manager said that all of those documents are not enough, and that I have to go to the social security office and get a letter from them that the social security number on my ss card is really my number; and then MAYBE CHASE will be able to unlock the account. The manager said that CHASE CAN NOT RETURN me my checks either. So, CHASE STOLE MY MONEY, I HAVE NO MONEY TO SPEND OR PAY BILLS WITH! I COULD NOT SLEEP ALL NIGHT LONG! I do not have anyone to drive me now to the social security office and wait for me half a day and then drive to CHASE to just get MY money back from CHASE. Opening a simple checking account should not be such a disaster!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 18, 2012, 08:41:12 PM
This article might shed some light on the Chase A/A scheme..
Among other things, they're tracking your individual transactions pattern to conclude how responsible you may or may not be..

http://banking.about.com/b/2009/07/14/watch-your-chase-credit-cards.htm

http://banking.about.com/b/2009/07/10/does-your-bank-know-who-you-are.htm
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 18, 2012, 08:58:57 PM
The story of that disabled chase-sucker is, or, not true, or is he missing something of the story and he's not prividing the full story.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 18, 2012, 09:27:10 PM
The story of that disabled chase-sucker is, or, not true, or is he missing something of the story and he's not prividing the full story.
You have to be careful of sites that are just set up to complain. I would put more weight on posts made on forums.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on March 19, 2012, 12:09:51 AM
Adverse Action (AA) was around before DDF or FT.
That's nice.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 19, 2012, 09:43:57 PM
LOOKING FOR ADVICE
STORY; i applied for chase card got declined bc of a charge off account i had with them 11 years ago. i called reco and after speaking to a supervisor he said that everything on cr looks gr8 but that one charge off is holding it up evan though that account was eventually paid in full it will forever show in the chase system  (eternal check) as unpaid. he said he will do a recon process and recomend that it gets approved but it will have to be revied by another sup in a dif dept. it got declined. rehearsed the whole thing , got declined the 3rd time the sup noted the account with a strong wording that it should be approved and then got approved.
BACKROUND; I did a aor that day a 2bm with chase per 1 biz, 2bm amex 2bm citi per, and 1 biz, i didnt check cr but thats a minimum of 6 pulls and (so far) 4 new accounts. afaik puls and new accounts are a/a flags. (kinda scared as it is, i do a lot of personal banking with chase and i cant afford to have my bank account closed)
QUESTION ; should i try to push thru another chase app either the biz or personal ?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on March 19, 2012, 10:02:04 PM
so do we need to worry about chase closing accounts
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on March 19, 2012, 10:07:07 PM
Since when is a chargeback a reason for a denial?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 19, 2012, 10:22:39 PM
got a letter from chase they lowered cl from 15k to 1k on opp and 5k to 1k on sp. i am not sure if i got close to  aa or this is somthing dif
 ( btw sp was lowered to 1k this can be dif than moving cl from one card to another)
a little nervous i have 5 ppl at same address with 200k ur


LOOKING FOR ADVICE
STORY; i applied for chase card got declined bc of a charge off account i had with them 11 years ago. i called reco and after speaking to a supervisor he said that everything on cr looks gr8 but that one charge off is holding it up evan though that account was eventually paid in full it will forever show in the chase system  (eternal check) as unpaid. he said he will do a recon process and recomend that it gets approved but it will have to be revied by another sup in a dif dept. it got declined. rehearsed the whole thing , got declined the 3rd time the sup noted the account with a strong wording that it should be approved and then got approved.
BACKROUND; I did a aor that day a 2bm with chase per 1 biz, 2bm amex 2bm citi per, and 1 biz, i didnt check cr but thats a minimum of 6 pulls and (so far) 4 new accounts. afaik puls and new accounts are a/a flags. (kinda scared as it is, i do a lot of personal banking with chase and i cant afford to have my bank account closed)
QUESTION ; should i try to push thru another chase app either the biz or personal ?

Okay. You've got me totally confused now... ???
They lowered your lines after a review and you think of pushing it further? :o.. Wouldn't suggest..

(unless you're just quoting another ones story in either of the above mentioned quotes..
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 19, 2012, 10:44:07 PM
Since when is a chargeback a reason for a denial?
chargeoff

Okay. You've got me totally confused now... ???
They lowered your lines after a review and you think of pushing it further? :o.. Wouldn't suggest..

(unless you're just quoting another ones story in either of the above mentioned quotes..
lol. i do this for fam mebers, that i refer to as me. the two storys have no connection two dif ppl
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 19, 2012, 10:49:38 PM
(kinda scared as it is, i do a lot of personal banking with chase and i cant afford to have my bank account closed)
dont think yor bank account are going to be touched i got all my cc closed and my bank account weren't touched.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 19, 2012, 10:52:13 PM
dont think yor bank account are going to be touched i got all my cc closed and my bank account weren't touched.
sorry to hear that. but many have posted that everything shut. did you have any brokerage or mortgages ect or just simple checkins and savings
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on March 19, 2012, 10:52:46 PM
chargeofflol. i do this for fam mebers, that i refer to as me. the two storys have no connection two dif ppl

Gotch ya.. Thanks for clarifying!
My advise still remains the same though: Don't overdue.
One thing we know for sure is that the "excuse" they're using in most cases for shutting down accounts, "is too many recent inquiries and too many open accounts".
Now, whether or not this is the real reason is up for debate.. But why would one wanna make it easier for them to A/A you.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on March 19, 2012, 10:54:35 PM
sorry to hear that. but many have posted that everything shut. did you have any brokerage or mortgages ect or just simple checkins and savings
your right i only had checking and savings.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 19, 2012, 11:01:55 PM
Gotch ya.. Thanks for clarifying!
My advise still remains the same though: Don't overdue.
One thing we know for sure is that the "excuse" they're using in most cases for shutting down accounts, "is too many recent inquiries and too many open accounts".
Now, whether or not this is the real reason is up for debate.. But why would one wanna make it easier for them to A/A you.
ty
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 19, 2012, 11:02:19 PM
helpme i could use additional advice (pun intended)
little ot: does b* stop soft pulls
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 19, 2012, 11:55:45 PM
little ot: does b* stop soft pulls

Funniest thing I heard all day.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 20, 2012, 12:21:18 AM
helpme i could use additional advice (pun intended)
little ot: does b* stop soft pulls
No. The purpose of B* is to flood your report with soft pulls so the hard inquires drop off.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 20, 2012, 09:33:30 AM
Funniest thing I heard all day.

+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on March 20, 2012, 10:40:53 AM
can any expert here post a list of what its causing  an A/A
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 20, 2012, 10:46:00 AM
can any expert here post a list of what its causing  an A/A
+1  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 20, 2012, 02:52:01 PM
can any expert here post a list of what its causing  an A/A

What do you consider an expert?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 20, 2012, 03:20:27 PM
What do you consider an expert?
A person with a high degree of skill in or knowledge of a certain subject.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on March 20, 2012, 03:39:12 PM
What do you consider an expert?
U  8)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 20, 2012, 04:56:15 PM
A person with a high degree of skill in or knowledge of a certain subject.

I (didn't quote  and) wasn't asking you.

U  8)

I don't consider myself an expert, but I'll tell you what I think are some of the triggers ("IMHO"):


There might be others I haven't thought of, and I have no idea what Chase considers to be too much or recent.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 20, 2012, 05:01:08 PM
I consider point #4 the most reasonable.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 20, 2012, 05:04:23 PM
I consider point #4 the most reasonable.
#3 wins hands down!!!  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 20, 2012, 05:10:47 PM
I (didn't quote  and) wasn't asking you.
???  So only the person that the question was directed at should answer? 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on March 20, 2012, 05:21:25 PM
I consider point #4 the most reasonable.
It may be reasonable, but I and thousands of others do just that without any repercussions so far ba"h.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 20, 2012, 05:34:57 PM
???  So only the person that the question was directed at should answer? 

In this case yes. He asked for an expert and I was asking him to clarify what he meant by that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 20, 2012, 05:41:51 PM
In this case yes. He asked for an expert and I was asking him to clarify what he meant by that.
Fair answer except for one thing. Miles and I both quoted you in consecutive posts. You only singled one of us out. It is so transparent it is not even funny. You know where to post if you want to continue this further unless your purpose is to take this further off topic.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on March 20, 2012, 05:47:03 PM
Fair answer except for one thing. Miles and I both quoted you in consecutive posts. You only singled one of us out. It is so transparent it is not even funny. You know where to post if you want to continue this further unless your purpose is to take this further off topic.

1. You took this conversation off topic, I was answering a question.
2. You +1'd his question, meaning you also want the answer to his question.
3. I answered the question IMHO, if you don't consider me an expert, then I'm not qualified to answer your question.
4. Here's transparency: I don't like your confrontational attitude, and I reserve the right to ignore your questions while answering others' questions as I please.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 20, 2012, 06:43:42 PM
1. You took this conversation off topic, I was answering a question.
2. You +1'd his question, meaning you also want the answer to his question.
3. I answered the question IMHO, if you don't consider me an expert, then I'm not qualified to answer your question.
4. Here's transparency: I don't like your confrontational attitude, and I reserve the right to ignore your questions while answering others' questions as I please.
Nice diatribe. You have a future in politics! All I did was answer a question. You came back with another one of your snide remarks. Offer still stands to continue this in Shmooze but remember no credit for posts.

What do you consider an expert?
A person with a high degree of skill in or knowledge of a certain subject.
I (didn't quote  and) wasn't asking you.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 20, 2012, 08:46:07 PM
helpme i could use additional advice (pun intended)
little ot: does b* stop soft pulls
( i meant) does  a freez stop soft pulls?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on March 20, 2012, 09:17:27 PM
I (didn't quote  and) wasn't asking you.

I don't consider myself an expert, but I'll tell you what I think are some of the triggers ("IMHO"):

  • Too many recent Chase apps
  • Too many recent apps/inquiries with other issuers
  • Abuse of Chase rewards (e.g. 5% cashback on AARP)
  • Applying for CCs, spending the minimum requred to get the signup bonus, then no more spent on those cards  (especially if you do this too many times)
  • Some combination of the above

There might be others I haven't thought of, and I have no idea what Chase considers to be too much or recent.
I was right when i told ur the expert
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 21, 2012, 02:40:32 AM
( i meant) does  a freez stop soft pulls?
From CK:

"A security freeze, which can be initiated at all 3 major credit bureaus, locks access to your credit file against anyone trying to open a new account or creditors trying to check your credit report. This is typically done to reduce risk of identity theft. It can also put a stop to pre-approved/pre-screened offers because creditors can’t do a soft inquiry on your credit file in order check your eligibility for their offer."
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: SPLP on March 21, 2012, 12:19:21 PM
Fair answer except for one thing. Miles and I both quoted you in consecutive posts. You only singled one of us out. It is so transparent it is not even funny. You know where to post if you want to continue this further unless your purpose is to take this further off topic.

help me :
don't u get tired of telling everyone "You know where to post "
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 21, 2012, 02:00:06 PM
help me :
don't u get tired of telling everyone "You know where to post "
please. if you feel the need to have it out with him , do it somewhere else. i dont know why you feel attacked by other forum members, no one think that you posts are pointless and that you have bad ideas. your a good guy. but whats the point in fighting. dont forget it takes two to tango 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 21, 2012, 04:44:30 PM
help me :
don't u get tired of telling everyone "You know where to post "
Please post your off topic comments here (http://forums.dansdeals.com/index.php?topic=14857.0) and I will be more than happy to engage you unless your purpose is to take this thread off topic and pad your post count.  :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on March 29, 2012, 01:29:16 PM
Question: I just opened a Chase Ink Bold ans Sapphire card. I'm terrified of getting shut down being that I am a fairly frequent churner. (In the past 12 months I have has 2 SPP cards, a hyatt, a CO and a UA card...). When the points post i can either 1) Shut down the cards right away and stop churning chase CC's for a while or 2) keep the cards open, spend a few bucks a month on them.
Which of the two above options will be less of a red flag on my account?
I understand there is no clear cut answer and it's always YMMV to some extent, but based of people's experiences/knowledge which is the better route to take if i need to stay under the radar?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on March 29, 2012, 01:33:25 PM
Question: I just opened a Chase Ink Bold ans Sapphire card. I'm terrified of getting shut down being that I am a fairly frequent churner. (In the past 12 months I have has 2 SPP cards, a hyatt, a CO and a UA card...). When the points post i can either 1) Shut down the cards right away and stop churning chase CC's for a while or 2) keep the cards open, spend a few bucks a month on them.
Which of the two above options will be less of a red flag on my account?
I understand there is no clear cut answer and it's always YMMV to some extent, but based of people's experiences/knowledge which is the better route to take if i need to stay under the radar?

Transfer out the points and keep them open for a while. I would say that would be better. But as always we don't have any clear cut answers to what triggers an AA from Chase.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 29, 2012, 01:38:16 PM
When Chase takes AA it is usually based on what you have done already. What you are currently doing does not matter. Many have stopped using their AARP cards but the accounts were still closed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on March 29, 2012, 01:42:44 PM
Question: I just opened a Chase Ink Bold ans Sapphire card. I'm terrified of getting shut down being that I am a fairly frequent churner. (In the past 12 months I have has 2 SPP cards, a hyatt, a CO and a UA card...). When the points post i can either 1) Shut down the cards right away and stop churning chase CC's for a while or 2) keep the cards open, spend a few bucks a month on them.
Which of the two above options will be less of a red flag on my account?
I understand there is no clear cut answer and it's always YMMV to some extent, but based of people's experiences/knowledge which is the better route to take if i need to stay under the radar?
There are hundreds of us that have churned more than you have and haven't been shut down.  Until it becomes more widespread it's not something I'd worry about it too much.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 29, 2012, 01:48:45 PM
@Fly On The Ocean: I don't get the logic of your considering to shut down the accounts right away.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 29, 2012, 01:51:31 PM
There are hundreds of us that have churned more than you have and haven't been shut down.  Until it becomes more widespread it's not something I'd worry about it too much.
+1, too hasty a decision
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on March 29, 2012, 01:59:04 PM
@Fly On The Ocean: I don't get the logic of your considering to shut down the accounts right away.
I meant as opposed to having 5 cards open that are basically not being used/gathering dust
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on March 29, 2012, 02:09:32 PM
There are hundreds of us that have churned more than you have and haven't been shut down.  Until it becomes more widespread it's not something I'd worry about it too much.
Thanks dan, that certainly calms my nerves.
The other day when the chase website was down, all my accounts showed as N/A and i freaked out bc i thought I was A/A'd.
So I appreciate your input
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on March 29, 2012, 02:11:03 PM
Thanks dan, that certainly calms my nerves.
The other day when the chase website was down, all my accounts showed as N/A and i freaked out bc i thought I was A/A'd.
So I appreciate your input

Haha, that happened to me once too on a Saturday night (apparently they were just updating things). Scary moment.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on March 29, 2012, 02:15:23 PM

The other day when the chase website was down, all my accounts showed as N/A and i freaked out bc i thought I was A/A'd.

Happened to me as well 2 weeks ago, and I have an AARP card. Was certain I was a goner.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on March 29, 2012, 02:26:00 PM
Happened to me as well 2 weeks ago, and I have an AARP card. Was certain I was a goner.
;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: TC610 on March 29, 2012, 02:31:29 PM
Thanks dan, that certainly calms my nerves.
The other day when the chase website was down, all my accounts showed as N/A and i freaked out bc i thought I was A/A'd.
So I appreciate your input

Wow, it looks like I wasn't the only one!  I saw that on Sunday or Monday night.  I had committed to making a donation and I figured that night would be a perfect time to try the donation with one of my Chase cards :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on March 29, 2012, 05:58:35 PM
I have another denial that I'm debating if i should call reconsideration about, but i think since I just opened 2 cards (via a 3BM) i'm gonna let it go. Is that wise? or just plain stupid
TIA!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: JEWDA on March 29, 2012, 06:05:59 PM
I have another denial that I'm debating if i should call reconsideration about, but i think since I just opened 2 cards (via a 3BM) i'm gonna let it go. Is that wise? or just plain stupid
TIA!
It doesn't hurt to try
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on March 29, 2012, 06:15:35 PM
It doesn't hurt to try
Meaning I shouldn't worry about the fact that 3 brand new accounts will be a potential trigger?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 29, 2012, 06:24:19 PM
Mr. Ocean: get immediate help for OCD syndrome. Don't worry, its just a 0.01% of a minority who get A/Ad.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on March 29, 2012, 06:29:17 PM
Mr. Ocean: get immediate help for OCD syndrome. Don't worry, its just a 0.01% of a minority who get A/Ad.
LOL I should take advice from a "meshugener"?

Yes i know i sound OCD but I really cannot bare the thought of being banned from Chase. Dan once said (i think) "pigs get fat, hogs get slaughtered"
So i guess i'm asking: Am i being a "hog" by pushing for 3 cards?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on March 29, 2012, 06:35:50 PM
No, you still stay a fat pig.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on March 29, 2012, 10:10:41 PM
@Fly On The Ocean: I don't get the logic of your considering to shut down the accounts right away.
i thought he meant close it before they do, you might be better off
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 02, 2012, 07:11:18 PM
BREAKING NEWS:
I had 3 cards (BA,OP,PC)and one business card (IB)
I just logged in and it says all my cc's are closed. I had just done a 2BM for freedom and SP.
Any advice would be great! Thank you.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 02, 2012, 07:14:20 PM
 :'(

Try appealing to Chase: 888-622-7547 (Chase Executive Office).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 02, 2012, 08:18:47 PM
BREAKING NEWS:
I had 3 cards (BA,OP,PC)and one business card (IB)
I just logged in and it says all my cc's are closed. I had just done a 2BM for freedom and SP.
Any advice would be great! Thank you.
:-( Did you do any churning? Is there anything you can think of...Is your credit line close to your income?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 02, 2012, 08:36:43 PM
Mr. Joeb1: I have only 1 Q: did you ever churned a Chase card? Is there any story of someone being AAed by Chase without any churning history?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 02, 2012, 09:39:02 PM
I NEVER CHURNED A CARD.
The closest to a churn would be I had the saphire regular in 2010 and I just applied for the SP.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 02, 2012, 09:39:34 PM
My credit line is not even crazy high with chase.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 02, 2012, 10:12:07 PM
My credit line is not even crazy high with chase.
And I believe you also have a checking account with them. Right?

Did this affect other people associated with you (family member, etc..)?

Believe me, you really got all of us scared here.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 02, 2012, 10:30:41 PM
Bh did not effect my bank account or family members
i was on the phone for hours today with NO clear explanation whats going on just bits and pieces and a promise that a letter will come with an explanation.
One rep said I may have abused the system. not sure what she meant
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 02, 2012, 10:31:39 PM
Bh did not effect my bank account or family members
i was on the phone for hours today with NO clear explanation whats going on just bits and pieces and a promise that a letter will come with an explanation.
One rep said I may have abused the system. not sure what she meant

Yep, you definitely got A/A'd. Sorry, man,

As Dan said, appeal to executive office. That's your only hope.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 02, 2012, 10:34:14 PM
Yep, you definitely got A/A'd. Sorry, man,

As Dan said, appeal to executive office. That's your only hope.
did the person you know come out alive?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 02, 2012, 10:35:21 PM
did the person you know come out alive?

My brother. Nope  :'(

All he managed to do was get a check for his remaining UR balance at 1cpm, and even that was technically a favor.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 02, 2012, 10:38:36 PM
The only thing I can think of is the 2 BM
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 02, 2012, 10:41:05 PM
The only thing I can think of is the 2 BM
Yup, but the weird thing is that thousands of mileage nuts have been doing 2bms and 3bms today, and just the odd case here and there report this happening to them, so there must be something else (on top of the 2bm) triggering it that we're missing.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 02, 2012, 11:00:44 PM
Do you think doing two 3 BMS a month apart will trigger? how far apart should they be

Also @joeb1 did you apply for a freedom before?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 02, 2012, 11:02:42 PM
So our Q today should be like that: anyone of us know a case of which was AAed and NO 2/3BM associated? (even though you could see 99% of 3BMers were not shut down, its a possibility they manually look up for these stuff and the unlucky got burned) anyone?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 02, 2012, 11:19:44 PM
So our Q today should be like that: anyone of us know a case of which was AAed and NO 2/3BM associated? (even though you could see 99% of 3BMers were not shut down, its a possibility they manually look up for these stuff and the unlucky got burned) anyone?
Yes, there are tons of such cases.  AARP abuse being the leading cause of A/A.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 02, 2012, 11:31:57 PM
so there must be something else (on top of the 2bm) triggering it that we're missing.
do you think its 2bm + something  or 2bm + anything
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on April 02, 2012, 11:36:54 PM
So our Q today should be like that: anyone of us know a case of which was AAed and NO 2/3BM associated? (even though you could see 99% of 3BMers were not shut down, its a possibility they manually look up for these stuff and the unlucky got burned) anyone?
When i got AA'd about a year ago I had not done any 2/3BM's
Granted, i was starting the whole churning thing so I had many new accounts opened with various issuers (Which was the official reason they shut me down), but no 2/3BM's
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 02, 2012, 11:38:09 PM
so u did not get out of it?


im curious how myb121 managed to get out of it and who he spoke to at chase.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on April 02, 2012, 11:42:03 PM
so u did not get out of it?


im curious how myb121 managed to get out of it and who he spoke to at chase.
Actually BH I did get my cards reopened (and have opened new ones since)
I know I called someone but I don't remember exactly which dept it was. Took two calls and then they reopened them. The reason they stated for shutting me down was "too many new accounts opened" so I explained to them that I am not a credit risk, only opened them up for the CC bonus's, didn't realize that this looked troubling to a bank etc. etc.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on April 02, 2012, 11:47:56 PM
so u did not get out of it?


im curious how myb821 managed to get out of it and who he spoke to at chase.
first of all FTFY second i just sent you a pm
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on April 02, 2012, 11:50:31 PM
i did not get any pm sorry
really cause it shows in my sent box wtvr just sent it again
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yitzf on April 02, 2012, 11:53:02 PM
@joeb1 my heart goes out for you, I really hope it gets straightened out for you.

that being said, I wonder if this had to do with anything
just got accepted fpr the SP!!! (on the third try!) along with a freedon 2BM!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 02, 2012, 11:54:34 PM
@joeb1 my heart goes out for you, I really hope it gets straightened out for you.

that being said, I wonder if this had to do with anything


not my third time getting the card....third time trying to get the card...i tried unsucessfully 2xs in the last year or so and finally got accepted yesterday only to get shut down today
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 02, 2012, 11:56:19 PM

not my third time getting the card....third time trying to get the card...i tried unsucessfully 2xs in the last year or so and finally got accepted yesterday only to get shut down today

Do you have a long credit history?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on April 03, 2012, 01:00:22 AM
BREAKING NEWS:
I had 3 cards (BA,OP,PC)and one business card (IB)
I just logged in and it says all my cc's are closed. I had just done a 2BM for freedom and SP.
Any advice would be great! Thank you.

Have you tried to PUTPAC CS?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on April 03, 2012, 01:07:29 AM
Have you tried to PUTPAC CS?


Bh did not effect my bank account or family members
i was on the phone for hours today with NO clear explanation whats going on just bits and pieces and a promise that a letter will come with an explanation.
One rep said I may have abused the system. not sure what she meant
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on April 03, 2012, 01:12:59 AM


TLDR :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 03, 2012, 01:17:49 AM
Just a side note. The whole concept, that one member here keeps on saying, that they shut down bank accounts along with CC A/A, simply doesn't make any damn sense. #JustMy1cent
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 03, 2012, 02:15:36 AM
;D

Don't laugh. I took another look at the FW thread, and I was quaking.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 03, 2012, 02:20:14 AM
Yup, but the weird thing is that thousands of mileage nuts have been doing 2bms and 3bms today,
Specifically "today" or is that a form of speech? And if literal, why today?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 03, 2012, 02:22:05 AM
On the same note, the best use of UR is for UA (for me), is it worth transferring all my points to my account, as a preventive measure? Would be terribly sad to lose any points I have.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 03, 2012, 08:30:14 AM
Rather sell them. (if youre not sure you gonna use them on inte'l business seat flights).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on April 03, 2012, 09:03:06 AM
Specifically "today" or is that a form of speech? And if literal, why today?
end of sp offer
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 03, 2012, 09:29:51 AM
On the same note, the best use of UR is for UA (for me), is it worth transferring all my points to my account, as a preventive measure? Would be terribly sad to lose any points I have.
It would be smart to use/transfer any points the minute they post to any of your Chase cards. I only say this because you are actively using the AARP card. Better to be safe than sorry.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 03, 2012, 09:52:05 AM
It would be smart to use/transfer any points the minute they post to any of your Chase cards. I only say this because you are actively using the AARP card. Better to be safe than sorry.

I transferred out my points, and my wife's as well.

With regards to selling them, I don't have enough to interest a broker, so I moved them to my own account. Perhaps I'll treat myself to a flight back from TLV on biz class someday, and make it all worthwhile.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 03, 2012, 10:36:38 PM
The guy at Reconsideration told me that my total credit line too high for my income. He said I should consider closing some accounts to reduce exposure.My credit line is roughly more than 50% of my income. I'm a little worried...
Should I call to reduce my credit line?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: robi on April 03, 2012, 11:01:45 PM
I just went thru a chase closure.
The reason given was debt too high, which I figured out was due to being an AU.
Removed myself as AU, and bh was reopened today.
So not always are they lying to you, sometimes they are legitimately concerned, and are willing to work with you.
My two cents
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on April 03, 2012, 11:29:18 PM
I just went thru a chase closure.
The reason given was debt too high, which I figured out was due to being an AU.
Removed myself as AU, and bh was reopened today.
So not always are they lying to you, sometimes they are legitimately concerned, and are willing to work with you.
My two cents
Do you remember which number you called to get your accounts reopened?
Also, have you churned chase cards?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 03, 2012, 11:46:06 PM
I just went thru a chase closure.
The reason given was debt too high, which I figured out was due to being an AU.
Removed myself as AU, and bh was reopened today.
So not always are they lying to you, sometimes they are legitimately concerned, and are willing to work with you.
My two cents
nice peice of info. thats worth a lot more than two cents
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 03, 2012, 11:54:21 PM
your credit line with chase was more than 50% or your cl from all your credit cards including other banks?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: robi on April 03, 2012, 11:56:33 PM
your credit line with chase was more than 50% or your cl from all your credit cards including other banks?
yes
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 04, 2012, 12:10:31 AM
yes
yes to witch one
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: robi on April 04, 2012, 12:33:16 AM
yes to witch one
my chase cl is more than 50% of my total cl
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 04, 2012, 12:51:49 AM
my chase cl is more than 50% of my total cl
This seems to be it...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on April 04, 2012, 01:40:02 AM
This seems to be it...
No! He already told you why it happened. He had a negative report on his CR and when that got cleared they reinstated him.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 04, 2012, 01:50:34 AM
No! He already told you why it happened. He had a negative report on his CR and when that got cleared they reinstated him.
But it also seems that having a high credit line/income ratio is also a factor , as the rep earlier informed me that I should possibly close some cards/lower my cr line to limit exposure. Thats all he told me , it looked like he didn't want to go into further detail and just mentioned it as a side note. When I was asking him questions he said I could speak to a financial advisor at the branch for free. I wonder what they know...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on April 04, 2012, 07:53:46 AM
But it also seems that having a high credit line/income ratio is also a factor , as the rep earlier informed me that I should possibly close some cards/lower my cr line to limit exposure. Thats all he told me , it looked like he didn't want to go into further detail and just mentioned it as a side note. When I was asking him questions he said I could speak to a financial advisor at the branch for free. I wonder what they know...
I assume that that is a factor as well but it had no bearing in his case. Plenty of people have large CL's compared to income and don't get shut down. It seems like there are a few criteria you need to meet to get shut down and no one knows what they are
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 04, 2012, 10:08:58 AM
I assume that that is a factor as well but it had no bearing in his case. Plenty of people have large CL's compared to income and don't get shut down. It seems like there are a few criteria you need to meet to get shut down and no one knows what they are
i think we all know what they are (you just have to add ymmv at the end of each cause just like amex fr)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 04, 2012, 10:12:13 AM
i think we all know what they are (you just have to add ymmv at the end of each cause just like amex fr)
With Amex like 95% likely that סוף גנב לתלויה. :(
With Chase it's 95% "not" likely that this will happen.

correct me on the numbers.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 12, 2012, 12:29:42 AM
Finally made some time to read this whole thread... did it in the course of 3 days..  :)
I just have two questions here:

1) Does transferring UR points in and out of one's account increase the chances of an A/A? Again, this question is solely about transferring UR in and out of UR.

2) When the checking account gets blocked as well I have read that Chase does sent an advance notice via a letter. What happens if somebody misses the deadline? What happens to the funds in the checking acct. do they get frozen for who knows how long?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 12, 2012, 12:33:06 AM
Finally made some time to read this whole thread... did it in the course of 3 days..  :)
I just have two questions here:

1) Does transferring UR points in and out of one's account increase the chances of an A/A? Again, this question is solely about transferring UR in and out of UR.

2) When the checking account gets blocked as well I have read that Chase does sent an advance notice via a letter. What happens if somebody misses the deadline? What happens to the funds in the checking acct. do they get frozen for who knows how long?

i know personally 3 ppl that got shutdown for doing this however tons of ppl do it w/o any trouble so ymmv

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 12, 2012, 12:45:05 AM
i know personally 3 ppl that got shutdown for doing this however tons of ppl do it w/o any trouble so ymmv
How do you know for a fact that it was the reason?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 12, 2012, 12:50:03 AM
they were told by chase
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 12, 2012, 12:54:15 AM
they were told by chase
So I guess sometimes Chase does disclose the real reason for A/A..
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 12, 2012, 09:44:04 AM
@joeb1 whats the end of your story?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 12, 2012, 11:12:49 AM
@joeb1 whats the end of your story?
+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 15, 2012, 02:21:55 AM
Bingo.

And now comes my round. They just closed down all my wife's credit cards, throughout this yom tov.

My background: haven't churned even one card; haven't done the 3bm (neither 2) ever; annual income is triple the total credit limit; no major spending, though decent spending; No amazon payments.

She had 4 open cards, additional 2 were closed during the year.

Only reason I think could have triggered: having recently opened the Sapphire MC, while closing down the Visa.

Advise would be appreciated.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 15, 2012, 02:28:17 AM
Thats crazzy, gr8 news right after yom tov. Maybe they suspect churning ie closing one saphire to get another.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 03:44:03 AM
How many cards (all over, not with Chase particularly) did she open the las 12 months?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 15, 2012, 06:28:43 AM
wow, this is getting scary.
Your accounts may be next since I've seen reports of them closing down the spouse's account soon afterwards. May be worth transferring out any points you still have.

This is making me rethink my AOR I'm planning for tonight.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 15, 2012, 09:20:30 AM
Another few questions.

1) Does it make sense to move over a bunch of my CL from my Chase personal to Chase biz card, so my overall CL appears lowers, and I can always move it back to a personal card later on? While this may not help the Chase CL to Income calc, it may help with the overall CL to Income calc.
2) I assume that charge cards, such as the AMEX Plat and PRG cards don't affect overall CL. Is this correct?
3) I have an Amex with a very high CL (around 25k) and I don't use the card at all. Is it worth proactively lowering it, or may this cause an F/R or s/t else?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 15, 2012, 09:51:09 AM
How many cards (all over, not with Chase particularly) did she open the las 12 months?

This is a possible aa risk?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 09:54:59 AM
I'm busy the last few weeks to set up a theory of the triggers of chase A/A and how to prevent it, I'm still not done with my analytical work, but I'll post once....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 15, 2012, 10:01:16 AM
How many cards (all over, not with Chase particularly) did she open the las 12 months?
Quite a few, though not outrages.
While this happened, she only had one additional card open with Citi, so a total of 5 active cards.

I don't seem to fall in any criteria mentioned in this thread.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 10:11:57 AM
If you would like to, please give me a exact breakdown of the cards she opened the past year and what date. Also, she had a balance on her card at the time they shut her down? If not, when did she paid the last 2 bills? (I'm not a IRS agent)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 15, 2012, 10:30:18 AM
If you would like to, please give me a exact breakdown of the cards she opened the past year and what date. Also, she had a balance on her card at the time they shut her down? If not, when did she paid the last 2 bills? (I'm not a IRS agent)
she had 4 Amex cards during the summer, another citi card, which are all closed now.

On one card there was a balance due of $60. the other outstanding balances weren't due yet, but in total they were like $1300, out of a credit limit of 13K.

On her credit history of 7+ years, there was not a single payment paid after the due date.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 15, 2012, 10:34:23 AM
she had 4 Amex cards during the summer, another citi card, which are all closed now.
This may be the A/A trigger.  She's closed 50% of her available cards in the past year, leaving almost all of her credit risk at Chase.  When Chase did a hard pull for the Sapphire they probably saw that and it raised a red flag IMHO.  So I don't think a single app would cause the A/A (after all millions of people do that all the time with no A/A), rather the extreme (in their opinion) circumstances they found out when they did the hard pull for the app that caused the A/A.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 10:40:14 AM
SI: You will have to wait to see the letter then send you to see what’s up. If it states “not used as intended” you have about a zero chance of getting them reopened. If it states other reasons then there is a small chance you can work something out and get one or two cards reopened.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 15, 2012, 10:41:40 AM
what does not used as intended mean? other than the big scams like funding accounts, aarp
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 15, 2012, 10:51:48 AM
One other thing that I can think of is, that this card was actually turned to the fraud department before getting approved, because they suspected fraud. A week after getting my new SP MC, I added an AU, and had them mail out the card directly to that person. so I guess, they were suspecting fraud.

My question is, if that's the case, how can i prove them otherwise?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 10:59:25 AM
what does not used as intended mean? other than the big scams like funding accounts, aarp
It is BS to cover their a**. Funding an account is not a scam and is allowed according to the T&C's.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 15, 2012, 11:06:43 AM
@HelpMe: Can you please tell me what is not being used for intended purpose? Chase is referring to what when they closed accounts for that reason?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 15, 2012, 11:07:56 AM
@HelpMe: Can you please tell me what is not being used for intended purpose? Chase is referring to what when they closed accounts for that reason?
Account funding can most definitely be a cause for A/A and F/R.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 11:13:46 AM
@HelpMe: Can you please tell me what is not being used for intended purpose? Chase is referring to what when they closed accounts for that reason?
It is an excuse made up by Chase. They can’t come out and say you earned too many rewards and that is why we are closing your account.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 11:16:18 AM
Account funding can most definitely be a cause for A/A and F/R.
I am not disagreeing with you but nowhere in the T&C’s is this prohibited. If they do not charged a cash advance fee that is there problem not mine.

Maybe someone should ask Chase why they allow their own checking account to be funded with a Chase CC.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 11:18:55 AM
@side incomer, they closed down her accounts while she had an unpaid balance?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 15, 2012, 11:20:42 AM
@side incomer, they closed down your accounts while she had an unpaid balance?
The due date is in about 3 weeks, but the statement closed already.
The other cards have not even hit the closing cycle.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 11:24:45 AM
@side incomer, they closed down her accounts while she had an unpaid balance?
Many AARP cards were closed with balances with the 0%/12 mo promo still working.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 12:11:45 PM
Its so scary! I just transfered out all my SP UR to UA, even though I devaluated the points for the (likely) event of selling the miles.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on April 15, 2012, 12:29:09 PM
One other thing that I can think of is, that this card was actually turned to the fraud department before getting approved, because they suspected fraud. A week after getting my new SP MC, I added an AU, and had them mail out the card directly to that person. so I guess, they were suspecting fraud.

My question is, if that's the case, how can i prove them otherwise?
That's interesting necause A family member of mine had their checking/savings accounts shut down and was banned from ever opening accounts again (Though BH her CC accounts were spared) and I distinctly remember that everything spiraled out of control from a fraud alert. First she couldn't access her online account so she spent an hour at the branch proving her identity and clearing things up and then when this happened again they were fuming with her and said "we no longer want to do business with you, we'll write you a check with the remaining balance and please don't come into the branch again"  :o BTW she had NO idea what caused these fraud alerts, and they made it seem like it was her fault...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 15, 2012, 12:36:49 PM
Once they shut you can UR get transferred anywhere?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Saver2000 on April 15, 2012, 12:37:50 PM
Once they shut you can UR get transferred anywhere?

No.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yitzf on April 15, 2012, 12:44:35 PM
Once they shut you can UR get transferred anywhere?
No.
A few people have been able to get a check from chase for 1cent/point albeit with much difficulty
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 15, 2012, 01:23:14 PM
@joeb1 whats the end of your story?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 15, 2012, 01:46:12 PM
That's interesting necause A family member of mine had their checking/savings accounts shut down and was banned from ever opening accounts again (Though BH her CC accounts were spared) and I distinctly remember that everything spiraled out of control from a fraud alert. First she couldn't access her online account so she spent an hour at the branch proving her identity and clearing things up and then when this happened again they were fuming with her and said "we no longer want to do business with you, we'll write you a check with the remaining balance and please don't come into the branch again"  :o BTW she had NO idea what caused these fraud alerts, and they made it seem like it was her fault...

I had worked in the fraud dept for the former citibank issuer. Sometimes there was uncertainty about weather a family member was opening and paying on account under another family members info. We had very few measures to know for sure if it was the true person holding these accounts other than possibly contacting the true person (either at another address or country). We typically put a freeze on the suspected accounts until further documentation could be obtained. The probability of this type of fraud is examined closer when multiple people live at the same address and personal infomation on the account didn't line up with what we had in outsourced databases.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 15, 2012, 01:55:44 PM
A few people have been able to get a check from chase for 1cent/point albeit with much difficulty
i tried 5 times i even spoke to the executive office and they refused to give me 1cent/point
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: SPLP on April 15, 2012, 02:20:34 PM
I had worked in the fraud dept for the former citibank issuer. Sometimes there was uncertainty about weather a family member was opening and paying on account under another family members info. We had very few measures to know for sure if it was the true person holding these accounts other than possibly contacting the true person (either at another address or country). We typically put a freeze on the suspected accounts until further documentation could be obtained. The probability of this type of fraud is examined closer when multiple people live at the same address and personal infomation on the account didn't line up with what we had in outsourced databases.

Can u give an example of  "  Sometimes there was uncertainty about weather a family member was opening and paying on account under another family members info."

are u saying if i pay my wife's  individual credit card  from my individual checking account it causes a flag if we do not share same address on both accounts   
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 15, 2012, 03:41:40 PM
I'm busy the last few weeks to set up a theory of the triggers of chase A/A and how to prevent it, I'm still not done with my analytical work, but I'll post once....

How many data points are you able to collect to conduct a proper study?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 15, 2012, 03:45:12 PM
i tried 5 times i even spoke to the executive office and they refused to give me 1cent/point
What was the reason you were shut down? "Not used as intended" or s/t else?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on April 15, 2012, 05:09:33 PM
I had worked in the fraud dept for the former citibank issuer. Sometimes there was uncertainty about weather a family member was opening and paying on account under another family members info. We had very few measures to know for sure if it was the true person holding these accounts other than possibly contacting the true person (either at another address or country). We typically put a freeze on the suspected accounts until further documentation could be obtained. The probability of this type of fraud is examined closer when multiple people live at the same address and personal infomation on the account didn't line up with what we had in outsourced databases.
:o Scary.

Was this just to make sure that family members are not opening cards for other family without permission = fraud?
Or the banks don't like this behavior altogether, even with the account holders permission?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on April 15, 2012, 05:30:28 PM
This may be the A/A trigger.  She's closed 50% of her available cards in the past year, leaving almost all of her credit risk at Chase.  When Chase did a hard pull for the Sapphire they probably saw that and it raised a red flag IMHO. So I don't think a single app would cause the A/A (after all millions of people do that all the time with no A/A), rather the extreme (in their opinion) circumstances they found out when they did the hard pull for the app that caused the A/A.
@Joeb1/oldguy/Avid Reader/anyone else who had been A/A'd:
Does this sound like it could be the reason you guys were shut down? (Meaning prior to A/A had you closed down most cards from other issuers leaving all/most credit risk with chase?)

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on April 15, 2012, 05:35:23 PM
@Joeb1/oldguy/Avid Reader/anyone else who had been A/A'd:
Does this sound like it could be the reason you guys were shut down? (Meaning prior to A/A had you closed down most cards from other issuers leaving all/most credit risk with chase?)


in my case, most definitively not. In fact it was the opposite, they claimed I had too much available credit overall, and suggested closing out other cards.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: youthink on April 15, 2012, 05:43:52 PM
I had 4 Chase CC accounts closed last August. After much discussion the only reasons given was that I had too many applications recently opened. Now, what's weird is that between the last Chase App and the A/A I had not made any new applications so why were the 'too many applications' not a problem when I applied? I spoke to multiple managers in any department I can speak with, sent in a detailed fax but all I was told was to try again in a few months as your 'credit profile' constantly changes. They were quite stubborn even though the Experian I pulled contained less active accounts than the one they pulled (supposedly on same day) and that I had more Citi inquiries than I should have due to technical issues. Regardless, I did lose a decent # of UR points in the process...lesson learned...transfer as soon as you can.

I think the trigger was that about two weeks before the A/A I closed 4 Amex accounts which left most of my CCs with Chase. They didn't say that outright, but they would say my credit report doesn't have a lot of 'depth' and couldn't reverse the decision. I'm not sure how they define 'depth' but I've had at least one card continually active since 2003, never had a late or missed payment (that showed on the credit report) and had a credit score in the high 700s. I also don't live in the US so things like mortgages and car leases are not on my US report.

Fast forward to the present. I wanted to see if Chase would approve me. I called the credit department as I know they can take a look at your credit report without doing a hard inquiry as when I was speaking with them in August they did this several times. Here's what's really wacky: The manager said there is absolutely no record of my accounts anywhere in the Chase system. After much digging, he found the original applications but it was as if they were deleted from their system since then. Completely purged as he put it. No record of activity, payments or anything else. He couldn't pull up my accounts by SSN, phone#, card# or anything else. He claims never to have seen this happen and did not know how it would impact any future applications. He was tactful to acknowledge that the only way to see if they will approve me is by re-applying which is effectively 'you doing exactly what we advised you not to do' (ie: having too many inquiries).

On my credit report it shows the accounts as 'closed by credit issuer,' but it doesn't appear to have impacted my score. I've made no apps since then but I'm getting antsy. Anyone have any insight into this?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 15, 2012, 05:51:47 PM
Is transferring UR to a non relative account an AA risk?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 15, 2012, 05:55:52 PM
My friend just had his credit cards shut down over yom tov. They said to call back tomorrow to find out the reasons why. He had a very large amount of UR points in his account and is no longer able to transfer them. Are the chances of getting compensated for those points really so slim?  :'(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on April 15, 2012, 06:06:40 PM
@youthink (I'm not quoting you bc I don't want to take up too much space)
What an insane story!!!! All I can say is try applying for new cards and see what Chase says! (can't hurt too much since you have no other recent inquiries anyhow...)
AND dispute the "closed by credit issuer" from your CR's! should be easy to do since chase has deleted everything and has no proof anymore
P.S.
I have only 17k UR points as of now, but I sure as heck am gonna transfer 'em ASAP!
EDIT: Chase site keeps crashing, and I can't make any transfers >:(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 15, 2012, 06:08:19 PM
@Joeb1/oldguy/Avid Reader/anyone else who had been A/A'd:
Does this sound like it could be the reason you guys were shut down? (Meaning prior to A/A had you closed down most cards from other issuers leaving all/most credit risk with chase?)
I think I've mentioned here that I try to keep my total available credit limited to Chase owning no more than 50% of total. Its just an arbitrary number I feel comfortable with.
:o Scary.

Was this just to make sure that family members are not opening cards for other family without permission = fraud?
Or the banks don't like this behavior altogether, even with the account holders permission?

Yeah, that was deemed fraud. We threatened prosecution until we got an admission from the family member (usually not directly to the suspected member we were talking to but I've heard it stated directly to them by a rep there a few times). We closed the accounts regardless of weather the real cardholder said it was ok or not ok. I think then it got passed off to another department to try to get the money rather than going through with prosecution. I can't remember much as it was rare and so long ago. They just didn't like an account being opened where the real applicant had no knowledge of the existance of such account.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 06:37:47 PM
I'm reading and reading and reading and reading and reading all over the world-wide-web about ppls stories with Chase A/A. All I can say its SOOO scary! But as general question, not going into specific details of the triggers, I would love to hear your opinion: is the flag-raising trigger credit risk or rewards abuse? That's the first question needed to be answered before digging more.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 06:43:11 PM
I'm reading and reading and reading and reading and reading all over the world-wide-web about ppls stories with Chase A/A. All I can say its SOOO scary! But as general question, not going into specific details of the triggers, I would love to hear your opinion: is the flag-raising trigger credit risk or rewards abuse? That's the first question needed to be answered before digging more.
Yes
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 15, 2012, 07:02:31 PM
Yes
Yes to what? Both?

What would be award abuse? Would racking up points legit thru UR Mall called award abuse?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on April 15, 2012, 07:03:56 PM
Yes to what? Both?
+1

What would be award abuse? Would racking up points legit thru UR Mall called award abuse?
Doubt it
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 07:07:04 PM
Again, I'm not going into detail what is considered rewards abuse or credit risk. And to you, HelpMe: no! Now ask me: what no?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 15, 2012, 07:21:35 PM
My friend had 4-5 people transfer points into his account, Is this technically rewards abuse?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 15, 2012, 07:29:56 PM
yes
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 07:39:16 PM
Yes to what? Both?
Yes
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 08:36:55 PM
Hard to say a definite 'yes'. Most of the A/A cases you can actually see both, so you don't know what's the real trigger. (take into account that they have a different view than you as what is considered credit risk).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 08:47:59 PM
Hard to say a definite 'yes'.
If you know what you are talking about it is easy to say “yes”. I can see how it would be a problem for you.  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on April 15, 2012, 08:57:14 PM
If you know what you are talking about it is easy to say “yes”. I can see how it would be a problem for you.  :)
You aren't waiting with bated breath for this?


 
I'm busy the last few weeks to set up a theory of the triggers of chase A/A and how to prevent it, I'm still not done with my analytical work, but I'll post once....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 15, 2012, 08:58:26 PM
You aren't waiting with bated breath for this?
Only if I want a good laugh.  ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 15, 2012, 09:17:58 PM
Wow - what is that, 3, 4 DDF'ers in the last week or two?

To me, the biggest triggers seem to be:

1) a recent spate of inquiries/new accounts, and/or
2) a(n uncomfortably) disproportionate amount of Chase exposure relative to total credit outstanding.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 15, 2012, 09:30:42 PM
2) a(n uncomfortably) disproportionate amount of Chase exposure relative to total credit outstanding.
This means high balance/credit line ratio?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 09:51:26 PM
No, he meant to say Dan's theory of the day, that Chase is the one who trusts you with the biggest potion of your available credit.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 15, 2012, 09:51:42 PM
This means high balance/credit line ratio?

High % of Chase credit lines relative to total credit lines.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 15, 2012, 10:25:09 PM

To me, the biggest triggers seem to be:

1) a recent spate of inquiries/new accounts, and/or
i did have a nice few inquiries in the past 12 months and that was one of the reasons they gave me. another reason was too many accounts opened in the last 12 months and i tried to explain that for every chase account opened 1 was closed so they told me they have no record of any cards closed in their system so i told them that i still have the cards if they want it still didnt help so i told them to check my credit report that there you see all the cards closed so they told me they don't look at it that way if i applied for new credit and got it even though i closed a card to get it approved to them its like i opened a new cc.
2) a(n uncomfortably) disproportionate amount of Chase exposure relative to total credit outstanding.
my chase CL was about 1/3 of my total CL
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 15, 2012, 10:27:58 PM
@Joeb1/oldguy/Avid Reader/anyone else who had been A/A'd:
Does this sound like it could be the reason you guys were shut down? (Meaning prior to A/A had you closed down most cards from other issuers leaving all/most credit risk with chase?)
i didnt close any cards prior to getting A/A'd my only card closed was my united that i moved the CL to my mcw sp
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 15, 2012, 10:30:42 PM
You aren't waiting with bated breath for this?
do you guys really think you'll be able to inflate my entire self-esteem in one shot?! You guys are so funny!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 15, 2012, 10:34:52 PM
I'm reading and reading and reading and reading and reading all over the world-wide-web about ppls stories with Chase A/A. All I can say its SOOO scary! But as general question, not going into specific details of the triggers, I would love to hear your opinion: is the flag-raising trigger credit risk or rewards abuse? That's the first question needed to be answered before digging more.
i did transfer UR point from alot of account into mine but out of the 5+ CSR/Credit analysts/executive office not 1 told me that as a reason for being A/A'd.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 15, 2012, 10:51:11 PM
Quote
i did transfer UR point from alot of account into mine but out of the 5+ CSR/Credit analysts/executive office not 1 told me that as a reason for being A/A'd.

Did they compensate you for those points?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 15, 2012, 11:01:43 PM
Did they compensate you for those points?
Did they compensate you for those points?
i tried 5 times i even spoke to the executive office and they refused to give me 1cent/point
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 15, 2012, 11:46:31 PM
i know personally 3 ppl that got shutdown for doing this (transferring UR points into their accounts) however tons of ppl do it w/o any trouble so ymmv
i did transfer UR point from alot of account into mine but out of the 5+ CSR/Credit analysts/executive office not 1 told me that as a reason for being A/A'd.
and mordy44's friend had people transfer alot of UR points into his acct. This is now a confirmed mega trigger. Now we need to figure out how much transferring causes the trigger.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: bubbles on April 15, 2012, 11:59:10 PM
  and mordy44's friend had people transfer alot of UR points into his acct. This is now a confirmed mega trigger. Now we need to figure out how much transferring causes the trigger.

That's all it takes to confirm it by you?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 16, 2012, 12:03:58 AM
That's all it takes to confirm it by you?
yes.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 16, 2012, 12:06:15 AM
I still say that obtaining too much credit in a short period is a red flag. Additionally when considering what was reported as income comes into play, everything is examined even more closely. I know others will disagree. You've also got to make sure there is a nice balance with Chase not holding the majority of the available lines, especially if all those new apps are with chase. I think chase wants to see a gradual 1/1  X to Y graph line increase on available credit over time. I myself am a little worried as I've doubled my total CL's over the last month with 5 approved apps albeit only increased Chase's share of ~45% to ~55% now. I will slowly start moving out my UR points just in case. Also I'm debating weather to close out my BA card voluntarly vs applying for another card to transfer lines over.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 16, 2012, 12:09:41 AM
I still say that obtaining too much credit in a short period is a red flag. Additionally when considering what was reported as income comes into play, everything is examined even more closely. I know others will disagree. You've also got to make sure there is a nice balance with Chase not holding the majority of the available lines, especially if all those new apps are with chase. I think chase wants to see a gradual 1/1  X to Y graph line increase on available credit over time. I myself am a little worried as I've doubled my total CL's over the last month with 5 apporved apps. I will slowly start moving out my UR points just in case. Also I'm debating weather to close out my BA card voluntarly vs applying for another card to transfer lines over.
I hope i'm not annoying, in afriendly way, you always spell it weather like "what's the weather outside", in alot of your posts you do this, i've held out for a long time telling you this so forgive me please. Now everyone have fun correcting all my spelling mistakes which i'm sure there are many, I only have an 8th grade english education.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 16, 2012, 12:10:50 AM
Sorry, yeah, some words I am terrible with this. Is there a spell check embedded on this forum?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 16, 2012, 12:13:15 AM
Sorry, yeah, some words I am terrible with this. Is there a spell check embedded on this forum?
i actually never noticed any other mistakes  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 16, 2012, 12:14:05 AM
You gotta dolla' dawg?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 16, 2012, 12:14:48 AM
  and mordy44's friend had people transfer alot of UR points into his acct. This is now a confirmed mega trigger. Now we need to figure out how much transferring causes the trigger.
Did mordys friend that transferred over UR into his account also get shut.

Im wondering if I transfer out my points into someone else acct , if thats an AA risk.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on April 16, 2012, 12:15:28 AM
if I was from florida I would also think of the weather in my posts.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 16, 2012, 12:16:53 AM
I don't think that having numerous transfers into ones account is a red flag. My friend recently (within 3-4 months) applied for 4 Chase cards; mainly for the bonus. I suspect that this was the trigger. I also know numerous people who have well over 35 transfers into their UR accounts and none have been flagged
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 16, 2012, 12:17:59 AM
Quote
Did mordys friend that transferred over UR into his account also get shut

No
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 16, 2012, 12:20:44 AM
My friend recently (within 3-4 months) applied for 4 Chase cards; mainly for the bonus.
Many of us do this. I have applied for 5 cards over the past few months. Is this an AA trigger?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 16, 2012, 12:23:45 AM
I don't think that having numerous transfers into ones account is a red flag. My friend recently (within 3-4 months) applied for 4 Chase cards; mainly for the bonus. I suspect that this was the trigger. I also know numerous people who have well over 35 transfers into their UR accounts and none have been flagged
joeb1 said "i know personally 3 ppl that got shutdown for doing this (transferring UR points into their accounts) however tons of ppl do it w/o any trouble so ymmv
" he claims he knows 3 guys that got shut, and he knows it was 4 this reason. so how r u so confident that wasn't the reason, he himself admits that many don't get shut 4 this reason. But i think much more ppl would get shut on DDf, if it was 4 too much credit recently. "punkt" mordy44's friend and old guy had ALOT of transferred points, which is a much less common phenom, too big of a punkt for me. + we have joeb1's claim. + we know for a fact abuse can be a factor from the AARP A/As
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 16, 2012, 12:27:42 AM
Quote
Many of us do this. I have applied for 5 cards over the past few months. Is this an AA trigger?

Not sure. I gotta find out what his total credit situation it. How much of his CL was with Chase etc. He going to call tomorrow, so praying for the best....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 16, 2012, 12:28:11 AM
 
if I was from florida I would also think of the weather in my posts.
;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 16, 2012, 12:55:22 AM
I saw this , thought it was funny

alamo11 said:   
Where do I start?

1. Paypal- Wanted my social, told the rep to go f*** himself and got banned
2. eBay - Unpaid fees, mostly pissed at paypal so I didn't pay
3. Chase Bank - Playing the balance transfer game
4. Dell - Flipping outlet computers on craigslist/eBay
5. Verizon - Kept getting "upgrades" as warranty replacement
6. Publix Supermarkets - Buying all the AMEX gift cards for resale online as VCC's (ban was no buying gift cards for a year, passed now.)
--
Almost Banned List
1. Staples -- Buying too many 20" HP monitors with 25 off 75 coupons and reselling on craigslist (Corporate called and warned me like 3 times)
2. Comcrap -- Going over 250 GB cap by over a terebyte. (warned that if I "pull that stunt again" I'd be banned for a year)
3. Amazon -- Too many trade-ins/returns/refusals/whining to chat for $25 credits every other day over the dumbest things (got email that I was almost banned)
4. AMEX Gift cards -- Registering 15 gift cards a day for a month straight (Banned from AMEX, had to send certified letter to Executive care)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 16, 2012, 01:23:18 AM
Just throwing this out there:
Possible that only people with a Chase bank account get A/A'd because Chase can see another side of their financial situation based on what's going on in their bank account?

Anyone here who was AA'd and didn't have a Chase bank account?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on April 16, 2012, 03:27:55 AM

Anyone here who was AA'd and didn't have a Chase bank account?
Yes, my brother.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 16, 2012, 03:30:53 AM
Yes, my brother.
But was he A/A'd because he was on the same address as the original person who got A/A'd or was he unrelated to anyone who had a Chase bank account?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on April 16, 2012, 03:35:27 AM
But was he A/A'd because he was on the same address as the original person who got A/A'd or was he unrelated to anyone who had a Chase bank account?

Not on the same address as me, though I was managing his account, so...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 16, 2012, 09:49:27 AM
Just throwing this out there:
Possible that only people with a Chase bank account get A/A'd because Chase can see another side of their financial situation based on what's going on in their bank account?

Anyone here who was AA'd and didn't have a Chase bank account?
Yes, my wife didn't have a Chase checking.
Other people in my family on the same address did have, and didn't get shut down.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 16, 2012, 10:06:06 AM
In order to minimize the catastrophe in the event of a A/A, I assign a different apartment number for each member in my supposedly household. (for example: 5-A; 5-B) I hope that'll help.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: youthink on April 16, 2012, 10:11:59 AM
I did not have a Chase bank account when my CCs were shut down. They made some noise about speaking with a financial advisor at my bank which 'in your case is not Chase.' I don't think having or not having a Chase bank account has anything to do with being A/Ad.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 16, 2012, 10:34:24 AM
Yes, my wife didn't have a Chase checking.
Other people in my family on the same address did have, and didn't get shut down.

I did not have a Chase bank account when my CCs were shut down. They made some noise about speaking with a financial advisor at my bank which 'in your case is not Chase.' I don't think having or not having a Chase bank account has anything to do with being A/Ad.
Gotcha. Was just probing around.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 17, 2012, 11:47:42 AM
No, he meant to say Dan's theory of the day, that Chase is the one who trusts you with the biggest potion of your available credit.
thats def not a risk, i am sure there are thousands that have only chase cc and their entire cl is with chase , (i know s/o that has just 3 cc all chase with cl over 100k)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 12:37:15 PM
Looked today at my Chase account and saw they closed it called them numerous times and all they tell me is you need to wait for this letter explaining the reason. What I was able to squeeze out of them was that my account was closed due to not being used for its intended use. What does that mean? If anyone received such letter what does it say?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on April 17, 2012, 12:40:30 PM
Looked today at my Chase account and saw they closed it called them numerous times and all they tell me is you need to wait for this letter explaining the reason. What I was able to squeeze out of them was that my account was closed due to not being used for its intended use. What does that mean? If anyone received such letter what does it say?

How many cards do you have? What sort of activity have you been doing? Any idea what could have triggered it?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 12:53:58 PM
I have 2 cards Hyatt and Sapphire and I have been using the card on a regular basis and have not been doing any suspicious activity.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 12:56:04 PM
I have 2 cards Hyatt and Sapphire and I have been using the card on a regular basis and have not been doing any suspicious activity.
maybe for having 2 hyatts?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on April 17, 2012, 12:56:20 PM
I had 2 cards Hyatt and Sapphire and I have been using the card on a regular basis and have not been doing any suspicious activity.
FTFY  :(
This is scaring me away of a 2/bm I wanted to do tonight.
maybe for having 2 hyatts?
He has 1 Hyatt and 1 Sapphire = 2 cards
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 12:56:49 PM
my mistake, 2 cards, 1 Hyatt and 1 Sapphire
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 17, 2012, 01:01:10 PM
my mistake, 2 cards, 1 Hyatt and 1 Sapphire
Any Business cards? internal UR transfers? high spending? big CL?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 01:06:40 PM
No to all except made an internal UR Transfer almost 2 months ago
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 17, 2012, 01:09:59 PM
No to all except made an internal UR Transfer almost 2 months ago
1 transfer?

Also, any Amazon payments? paypal?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 01:13:51 PM
it was 1 big internal transfer and if it was bec. of that, wouldnt they have closed it right away.  Have not used any amazon pymts in months for any of those cards.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 01:19:45 PM
No to all except made an internal UR Transfer almost 2 months ago
I dont see what is wrong with doing an internal transfer? its the same account.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 17, 2012, 01:23:03 PM
Did you just apply for another card or so?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 01:26:30 PM
i have not applied for any chase cards in a while and have been paying on time and have been in good standing.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 01:41:19 PM
sounds like its pretty random
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 17, 2012, 01:57:02 PM
i just got nailed too by chase!
They closed all my accounts.
i had an ink bold, freedom, marriot, united, continental.
my 2 mistakes were- doing a 3bm a month and a half after another 3bm.
i also transferred points to my wife.
and use amazon payments.
and requested alot of promotion matches
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on April 17, 2012, 01:57:54 PM
This is really getting bad. Kind of regret just getting approved for the sp
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 17, 2012, 01:58:44 PM
Chase is really getting stiff and tough. Something new has been happening there lately that they have begun cracking down on all kind of shtick which has been possible to do so easy till a few weeks ago. The funny part is all these enforcement went into effect at once, I believe that one executive there spent a few weeks reading through all credit card forums while writing down notes on a small yellow notepad, and then: a wave!    Here is the list: 1) a massive wave of severe A/As; 2) no more SP Visa and SP WMC for one cardholder; 3) no more regular Sapphire and SP for one cardholder; 4) no more than 2 new approved cards in 30 days; 5) no more easy Freedom matching to 30k; 6) freedom downgrade from 20k to 10k; 7) Sapphire downgrad from 25k to 10k; 8) SP downgrad from 50k to 40k; 9) Ink bold 'upgrade' from $5k spend to $10k spend to receive 50k (although downgrad to $1 spend for first 25k). Anything else on mind? Feel free to add.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 17, 2012, 02:01:19 PM
Wow.
Chase is at war!

I think we can now tell Chase: לא מעוקצך ולא מדובשך. Don't give out massive awards, and try to get as many people as you could, and approve everybody for anything, and then kill people.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 17, 2012, 02:02:36 PM
i just got nailed too by chase!
They closed all my accounts.
i had an ink bold, freedom, marriot, united, continental.
my 2 mistakes were- doing a 3bm a month and a half after another 3bm.
that's what they told you or your just guessing?

i also transferred points to my wife.
and use amazon payments.
and requested alot of promotion matches
Chase officially lets transfer between members of 1 houshold.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 02:09:12 PM
I hope im not next...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 02:09:49 PM
chase lets you transfer to anyone you want, doesn't matter who it is and where they live and they even promote combining points so if they have problems with who you transfer it to then they should have specific guidelines which as far as i know they dont.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: smurf on April 17, 2012, 02:11:26 PM
I'm think I'm going to hold back on my 2bm and stick with just the ink bold
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on April 17, 2012, 02:11:51 PM
chase lets you transfer to anyone you want, doesn't matter who it is and where they live and they even promote combining points so if they have problems with who you transfer it to then they should have specific guidelines which as far as i know they dont.
u know wrong technically it is only for spouses
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 17, 2012, 02:12:03 PM
Do you have any other chase cardholder on your address?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 17, 2012, 02:12:45 PM
chase lets you transfer to anyone you want, doesn't matter who it is and where they live and they even promote combining points so if they have problems with who you transfer it to then they should have specific guidelines which as far as i know they dont.
look in the T&C its says only to members of the same houshold.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 17, 2012, 02:14:27 PM
it was 1 big internal transfer and if it was bec. of that, wouldnt they have closed it right away.  Have not used any amazon pymts in months for any of those cards.
What's your Chase CL compared to income and total CL?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 02:15:56 PM
wife's cards are at my address, but If my accounts were closed for transferring to an outsider which was done almost 2 months ago, wouldnt they catch it right away?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jkhein on April 17, 2012, 02:17:25 PM
Nobody is writing the important part, can you settle things with them and reopen like by Amex?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 02:18:20 PM
they said once it's closed, they cannot be re-opened but you can re-apply for new ones.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 02:19:16 PM
wife's cards are at my address, but If my accounts were closed for transferring to an outsider which was done almost 2 months ago, wouldnt they catch it right away?

NOt necessarily , they could sometimes review it and then decide to close it. So you transferred outside your household? i thought you did internal. Your lucky you only had two cards and no points with them.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 17, 2012, 02:20:35 PM
Nobody is writing the important part, can you settle things with them and reopen like by Amex?
some people have succeeded but many not including me.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 02:20:52 PM
thought external transfers was referring to travel programs etc..
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 17, 2012, 02:21:02 PM
Nobody is writing the important part, can you settle things with them and reopen like by Amex?

AmEx with F/R is relatively much more lenient when it comes to reinstating charging privileges than Chase is with AA.

I have only read a couple of accounts where Chase backtracked.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jkhein on April 17, 2012, 02:25:07 PM
some people have succeeded but many not including me.
What and when was your AA experience?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 02:27:09 PM
thought external transfers was referring to travel programs etc..
Sorry ya your right I thought you meant something else. So you did a transfer outside household or to your wife?  bec thats the  only thing that can be for not as intended use
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 17, 2012, 02:28:41 PM
that's what they told you or your just guessing?
Chase officially lets transfer between members of 1 houshold.
thats my guess. they did not tell me anything. I spoke to the Rep who actually closed the account, but she refused to give me any details. i guilt tripped her a ton, telling her i am overseas without a card stranded etc,
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 17, 2012, 02:32:52 PM
whats her name
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 17, 2012, 02:33:22 PM
What and when was your AA experience?
about 4 weeks ago mine and my wife's accounts were A/A'd reasons were too many CC opened and only! 7 years Credit history for more info read post above.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 17, 2012, 02:34:20 PM
whats her name
dont remember- if you told me a name i might remember.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 17, 2012, 02:36:16 PM
dont remember- if you told me a name i might remember.
the who handled my case her 1st name was Kim is it the same one?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on April 17, 2012, 02:39:35 PM
is there any biz accounts that was closed
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 17, 2012, 02:41:05 PM
perl
dont remember.
is there any biz accounts that was closed
my ink bold was.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 02:58:24 PM
With all these AA's it feels as if theres a chase insider in here...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 17, 2012, 02:59:56 PM
I have the same feeling...       To those who were A/Ad today: did they shut wife's or other family member as well?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on April 17, 2012, 03:03:33 PM
With all these AA's it feels as if theres a chase insider in here...
-1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 17, 2012, 03:11:14 PM
-1
-1. I believe that it was strongly thought that Chase was lurking around the FW AARP thread.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 03:13:01 PM
Only my accnt was closed

@aryeh1 to an unrelated person
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 03:15:55 PM
on Flyertalk customer reps read the threads and respond maybe there is a mole in the DDF.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 17, 2012, 03:18:50 PM
The bleep will really hit the fan when a travel blogger, or s/o like Dan gets AA'd.

Speaking of Dan, you haven't been chiming in on this thread recently. Are you concerned about this due to all your cards, or do you have an 'in' b/c you're an affiliate?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 17, 2012, 03:26:07 PM
In the event Dan gets A/Ad, he'll not reveal it. He'll act as if nothing happened. If it'll be published he'll loose twice: his CCs and his business (less ppl will apply).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 17, 2012, 03:38:35 PM
In the event Dan gets A/Ad, he'll not reveal it. He'll act as if nothing happened. If it'll be published he'll loose twice: his CCs and his business (less ppl will apply).
Why would less ppl apply?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 17, 2012, 03:42:04 PM
Why would less ppl apply?
Cuz they are scared they will get A/A'd

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 17, 2012, 03:42:38 PM
Why would less ppl apply?

...if they think an increase in apps/new accounts causes AA?

Pretty sure you know the answer to that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 17, 2012, 03:43:12 PM
The real question is, what took Chase so long to come after us miles/points fressers. To be honest, we all knew the party was gonna end one day. All they have to do is follow blogs and forums, look for patterns that show who's acting like a fresser, and shut them. Did this day come with Chase? - we'll see, but let's not act surprised if it does. I'm suprised it took so long.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 17, 2012, 03:52:39 PM
Everyone needs to chill. If you are planning any apps it would be best to hold off. This is starting to look like the AARP AA all over again. Give it a week or two and you should have a better idea.

Making accusations about Dan not saying anything if he gets AA is pretty low in my opinion.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 17, 2012, 03:55:50 PM
Making accusations about Dan not saying anything if he gets AA is pretty low in my opinion.
+100
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on April 17, 2012, 03:57:55 PM
With all these AA's it feels as if theres a chase insider in here...
There is MOST definitely a mole in the blogosphere. Really there is no other explanation

All these A/A's are really out of control and chase's brutal tactics are unprecedented. ESPECIALLY for such a huge institution.

@Dan: what do you have to say about all this??
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 17, 2012, 04:04:15 PM
There is MOST definitely a mole in the blogosphere. Really there is no other explanation
There could be a very simple answer. They don’t what unprofitable customers they feel are gaming the system. It sure looks that way with the AARP AA.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 04:05:54 PM
Please excuse me for asking. What is AARP AA?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 17, 2012, 04:07:59 PM
Please excuse me for asking. What is AARP AA?
PPL had a 5% cb AARP card, and many of them made 5 or 6 figures. In the last few months, Chase has closed down many ppl's accounts.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 17, 2012, 04:11:43 PM
There could be a very simple answer. They don’t what unprofitable customers they feel are gaming the system. It sure looks that way with the AARP AA.

I agree. And issuers have always done soft reviews to see how many apps you've recently put in and new tradelines have been aquired in x months among other things.  Sometimes I even wonder if they look at your card profile and compare how many cards you've paid annual fees on and how many you've closed voluntarily before a fee was due. Ideally, it would be best to always transfer lines instead of a voluntary close.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 17, 2012, 04:15:11 PM
@Dan: what do you have to say about all this??
I think I'm going to enjoy my last day of sunshine in LA and not worry about things I have no control over.
And I'm thinking I need to decide between UA and HGP...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 17, 2012, 04:17:21 PM
And I'm thinking I need to decide between UA and HGP...
ROFLMAO!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yitz on April 17, 2012, 04:21:21 PM
I opened 3 Chase Cards in 3 month. The last card the freedom I had to call CS and I got it approved. With out much difficulty.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 04:21:25 PM
UA and HGP...
Whats HGB? Sorry
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 17, 2012, 04:22:13 PM
Whats HGB? Sorry

HGP

Hyatt Gold Passport. You should really start searching.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 17, 2012, 04:26:37 PM
There could be a very simple answer. They don’t what unprofitable customers they feel are gaming the system. It sure looks that way with the AARP AA.
+1
A mole doesn't know any individuals here. The best s/o could do is to read about 3bm's, etc. I haven't seen too many secrets shown here.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on April 17, 2012, 04:42:54 PM
HGP

Hyatt Gold Passport. You should really start searching.
Please just answer the question like a mentch (or dont answer at all if you wish) FYI I searched the acronyms thread and didn't see it there. Also when i searched "HGP" I didn't see an explanation of the acronym right away
I think I'm going to enjoy my last day of sunshine in LA and not worry about things I have no control over.
And I'm thinking I need to decide between UA and HGP...
Enjoy LA!!!! (OT: did you end up staying in the SLS or the Hyatt Andaz? can you make a trip report post about it?)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 17, 2012, 04:49:26 PM
Please just answer the question like a mentch (or dont answer at all if you wish) FYI I searched the acronyms thread and didn't see it there. Also when i searched "HGP" I didn't see an explanation of the acronym right away

Well, if that doesn't give you an excuse to be lazy, I don't know what will.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 17, 2012, 04:53:17 PM
+1
A mole doesn't know any individuals here. The best s/o could do is to read about 3bm's, etc. I haven't seen too many secrets shown here.

Maybe not secrets per se, but plenty of what would be considered bad loopholes , easily exploited
And not benefiting the issuer. Measure 3 x cut once .
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 17, 2012, 05:09:31 PM
Please just answer the question like a mentch (or dont answer at all if you wish) FYI I searched the acronyms thread and didn't see it there. Also when i searched "HGP" I didn't see an explanation of the acronym right awayEnjoy LA!!!! (OT: did you end up staying in the SLS or the Hyatt Andaz? can you make a trip report post about it?)
http://forums.dansdeals.com/index.php?topic=13317.0
SLS. IY"H.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on April 17, 2012, 06:47:12 PM
Well, if that doesn't give you an excuse to be lazy, I don't know what will.
Not an excuse to be lazy at all. Just pointing out that chances are he already searched and was fruitless. (Why wouldn't he have searched? doesn't it take much less time to do a quick search than post and wait for replies?)

http://forums.dansdeals.com/index.php?topic=13317.0
SLS. IY"H.
Thanks for answering so politely and providing a link without scolding me to search! (I had found this link earlier on my own anyhow, (which is why I never asked what this acronym was) but thanks :)  )
Back on topic:
Are there other reports in the blogosphere of this recent chase shutdown blitz? (I didn't see anything but I am not familiar with many other websites/forums)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 17, 2012, 06:55:06 PM
Are there other reports in the blogosphere of this recent chase shutdown blitz? (I didn't see anything but I am not familiar with many other websites/forums)
Not that I have seen. FT would be the one forum you might want to keep an eye on.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 06:59:18 PM
Right when I saw that my accounts got shut down I searched and came up empty.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 17, 2012, 08:29:01 PM
Not an excuse to be lazy at all. Just pointing out that chances are he already searched and was fruitless. (Why wouldn't he have searched? doesn't it take much less time to do a quick search than post and wait for replies?)
Whats HGB?
What is AARP AA?

HGP is in an acronym thread (as well as other places).

AARP has its own master thread (http://forums.dansdeals.com/index.php?topic=13744.0) for heaven's sake.

Not looking good for the "chances he already searched."

Perhaps you haven't spent much time on DDF, but it gets pretty tedious pretty quickly when members have to answer questions that are readily answerable via a simple search. (No disrespect, aryeh1!)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 08:39:03 PM
Ok I will try to search better. But lets not get off topic over this...we have more important things to worry about right now.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 17, 2012, 08:39:36 PM
Ok I will try to search better. But lets not get off topic over this...

Agreed :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 17, 2012, 08:40:39 PM
Hey, AJK! You're becoming a semi-asherO. Sounds like you're his vice president here.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 08:42:34 PM
Yep hes definitely semi Asher0 especially with his number of posts which is half asher0
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 17, 2012, 08:45:42 PM
Hey, AJK! You're becoming a semi-asherO. Sounds like you're his vice president here.

Yep. Recently been put on the vice-president payroll.

Yep hes definitely semi Asher0 especially with his number of posts which is half asher0

Who's Asher0? :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 17, 2012, 09:08:45 PM

Who's Asher0? :P
wow! A typical AsherO post, he would be proud of you!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 17, 2012, 09:43:40 PM
This started appearing recently when you log in to chase. Maybe we could let them know.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 17, 2012, 11:01:42 PM
@joeb1, how do you know that the 3 guys you know who got A/A, were from transferring points in and out of their acct. also how much did they transfer and how many times? would appreciate if you could answer, thanx
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 17, 2012, 11:49:14 PM
@joeb1, how do you know that the 3 guys you know who got A/A, were from transferring points in and out of their acct. also how much did they transfer and how many times? would appreciate if you could answer, thanx
+1, although I can tell you with 99.9% accuracy that the answer to your question is one BIG, HUGEYMMV!!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 17, 2012, 11:55:51 PM
One thing I learned today about Chase is that their CS blows and they can try to pride themselves with Sapphire and how great their CS is, but when you need answers no know anything and it's like your talking to the wall.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fefferkorn on April 18, 2012, 12:17:35 AM
I'm considering switching my wife's address, should I do it or will I be "waking up the dead"?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 18, 2012, 12:35:16 AM
Quote
One thing I learned today about Chase is that their CS blows and they can try to pride themselves with Sapphire and how great their CS is, but when you need answers no know anything and it's like your talking to the wall.

My friend (got A/A motzei shabbos) tried calling numerous numbers to find out the reason why his accts were shut down. Not one rep would give a reply. All said "the letter with the reason will arrive within 7 days". When he asked about the large amount of points in the account, most answered that there's nothing that can be done, 1 rep answered that Chase will send a letter about the point compensation request.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 18, 2012, 12:42:09 AM
can you find out what # he had called/ who he spoke to?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 18, 2012, 12:43:39 AM
[quotecan you find out what # he had called/ who he spoke to?][/quote]
About the Points? I'll ask...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 18, 2012, 01:29:53 AM
Back on topic:
Are there other reports in the blogosphere of this recent chase shutdown blitz? (I didn't see anything but I am not familiar with many other websites/forums)

Fat Wallet has a long thread about shutdowns for ppl with the AARP thread.
Those preceded these, but it's spreading.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 18, 2012, 01:37:54 AM
Fat Wallet has a long thread about shutdowns for ppl with the AARP thread.
Those preceded these, but it's spreading.
A new round hit on the 13th and more yesterday.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 18, 2012, 01:49:26 AM
from fw:

"Hi everyone,
My father's card just got closed yesterday, but my personal card is still OK. I am an attorney, and my dad wants me to take this court as he lost about 70,000 points, all legitimate purchases as well.

If anyone is interested in pursuing legal action against Chase, PM me with your case facts, and I will review the case, either pursuing as a united front to determine if there's a valid case, and if we can be granted class status."
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 18, 2012, 01:55:51 AM
from fw:

"Hi everyone,
My father's card just got closed yesterday, but my personal card is still OK. I am an attorney, and my dad wants me to take this court as he lost about 70,000 points, all legitimate purchases as well.

If anyone is interested in pursuing legal action against Chase, PM me with your case facts, and I will review the case, either pursuing as a united front to determine if there's a valid case, and if we can be granted class status."
There are many PM’s being exchanged to try and see if this guy is for real.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 18, 2012, 02:07:22 AM
Why would he not be?

Whats everyone doing, is everyone transferring out their UR points ?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 18, 2012, 02:13:10 AM
Why would he not be?
Trust but verify.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 18, 2012, 02:38:52 AM
I have the same feeling...       To those who were A/Ad today: did they shut wife's or other family member as well?
not yet!
but i transferred all her points out to be sure!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 18, 2012, 02:39:42 AM
not yet!
but i transferred all her points out to be sure!
into where?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 18, 2012, 02:49:27 AM
lets say i did a cash back ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 18, 2012, 02:50:04 AM
I'm considering switching my wife's address, should I do it or will I be "waking up the dead"?
Nah, you should be fine.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 18, 2012, 05:12:54 AM
One thing I learned today about Chase is that their CS blows and they can try to pride themselves with Sapphire and how great their CS is, but when you need answers no know anything and it's like your talking to the wall.
Of course, when they want your biz, then they're nice. When they don't want it, then they have no reason to be nice.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 18, 2012, 05:23:22 AM
Why would he not be?

Whats everyone doing, is everyone transferring out their UR points ?

I did for the two of us.

lets say i did a cash back ;D

Literally, at 1 cpm, or s/t eles?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on April 18, 2012, 09:43:33 AM
a little OT, but once a transfer to an airline is initiated, has anyone gotten stopped and lost their points? 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 18, 2012, 09:45:03 AM
a little OT, but once a transfer to an airline is initiated, has anyone gotten stopped and lost their points? 
Transfers are instant.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 18, 2012, 10:04:26 AM
Of course, when they want your biz, then they're nice. When they don't want it, then they have no reason to be nice.
its called customer service, if you are a customer you get service if you are not a customer you dont get service. very simple
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 18, 2012, 10:18:22 AM
but when they mees you up they dont want to give you the answers, that is bad customer service
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 18, 2012, 10:26:57 AM
but when they mees you up they dont want to give you the answers, that is bad customer service
if they mess you up its bc they dont think you are a customer. i feel your pain i am just explaining you what they think
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 18, 2012, 10:31:34 AM
Understood, but consistency is how we rate CS and when you need s/t they'll be happy to help but when you need an explanation there is no one to talk to and that is what us in the DDF have discovered about Chase. #inconsistent
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 18, 2012, 11:09:46 AM
I did for the two of us.

Literally, at 1 cpm, or s/t eles?

s/t else  ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on April 18, 2012, 11:21:11 AM
I did for the two of us.
can I ask to where? (Im assuming UA)


Literally, at 1 cpm, or s/t eles?
Im assuming he means he sold em
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: arch on April 18, 2012, 11:34:23 AM
s/t else  ;D
I think he gave them to charity
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on April 18, 2012, 11:39:44 AM
Can we get a small tally from people that have not been a/a'd even though they participated in some moderate churning? Would make a few of us feel better :)

I did:
2 CO
1 Hyatt
1 SP
1 Ink Bold

Hyatt and CO sometime last fall
2/bm for CO+SP in Jan
Ink bold this morning
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 18, 2012, 12:00:02 PM
+100 some positive talk...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 18, 2012, 12:19:35 PM
Can we get a small tally from people that have not been a/a'd even though they participated in some moderate churning? Would make a few of us feel better :)
I personally know at least 8 people who've applied to 5+ chase cards in the past year and ba''h no A/As, B"H.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 18, 2012, 01:01:54 PM
I think he gave them to charity
+1 ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yitz on April 18, 2012, 02:07:10 PM
2 chase
1 us air
1 Virgin Amex
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 18, 2012, 02:17:46 PM
1 rep answered that Chase will send a letter about the point compensation request.
I got that letter too. it just said that the account is closed so they can't give me the points.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: bruce on April 18, 2012, 03:01:52 PM
Just came across this list of do's and dont's to help avoid an A/A from Chase.

I'm not from the experts on this forum but he seems to know what he's talking about.

http://boardingarea.com/blogs/frequentmiler/2012/04/09/why-chase-cancels-accounts-and-how-to-protect-yourself/
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 18, 2012, 03:14:32 PM
Just came across this list of do's and dont's to help avoid an A/A from Chase.

I'm not from the experts on this forum but he seems to know what he's talking about.

http://boardingarea.com/blogs/frequentmiler/2012/04/09/why-chase-cancels-accounts-and-how-to-protect-yourself/
Nice link!

But currently we dont know the real reasons ...

I was actually wondering if getting points thru UR Mall was a risk... From the article it says that chase makes money off that ...

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: bruce on April 18, 2012, 03:20:56 PM
yes that was interesting.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 18, 2012, 03:21:17 PM
Just came across this list of do's and dont's to help avoid an A/A from Chase.

I'm not from the experts on this forum but he seems to know what he's talking about.

http://boardingarea.com/blogs/frequentmiler/2012/04/09/why-chase-cancels-accounts-and-how-to-protect-yourself/

It's a great blog, but his strength is accumulating miles. I don't think he has any unique knowledge about AA's
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 18, 2012, 03:41:28 PM
"I’ll go out on a limb and say that Chase would never ban someone for too much Ultimate Rewards Mall activity."
Ya, sure ::)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 18, 2012, 03:42:33 PM
Can we get a small tally from people that have not been a/a'd even though they participated in some moderate churning? Would make a few of us feel better :)

I did:
2 CO
1 Hyatt
1 SP
1 Ink Bold

Hyatt and CO sometime last fall
2/bm for CO+SP in Jan
Ink bold this morning
10 active cards with numerous 3bms in the past year and still alive here, ba"h.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: LAXtraveler on April 18, 2012, 03:55:52 PM
10 active cards with numerous 3bms in the past year and still alive here, ba"h.

Are they your oldest and primary banking institution?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 18, 2012, 03:56:46 PM
Are they your oldest and primary banking institution?
Oldest, yes (due to AU)
But I have lots of credit from other banks as well.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: LAXtraveler on April 18, 2012, 04:00:14 PM
Oldest, yes (due to AU)
But I have lots of credit from other banks as well.

Sorry... I meant in terms of liquid accounts (checking, savings, etc.) not credit accounts.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 18, 2012, 04:02:11 PM
Sorry... I meant in terms of liquid accounts (checking, savings, etc.) not credit accounts.
I do keep some money in Chase, but it's not my primary.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 18, 2012, 04:04:34 PM
Oldest, yes (due to AU)
But I have lots of credit from other banks as well.
Any idea what you Chase CL is as a % of your overall CL?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 18, 2012, 04:14:55 PM
Any idea what you Chase CL is as a % of your overall CL?
Not offhand, but if I had to guess maybe a third.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 18, 2012, 04:16:59 PM
It's a great blog, but his strength is accumulating miles. I don't think he has any unique knowledge about AA's
What the author basically did is summarize what is in a couple of threads, nothing new.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 18, 2012, 04:23:49 PM
What the author basically did is summarize what is in a couple of threads, nothing new.
Exactly
He writes good stuff about gc churning, but I havent posted a link, since I'm not sure if its against forum rules.
Either way, enough OT.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 19, 2012, 12:47:41 PM
@joeb1, how do you know that the 3 guys you know who got A/A, were from transferring points in and out of their acct. also how much did they transfer and how many times? would appreciate if you could answer, thanx
bump
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 19, 2012, 02:22:55 PM
Did anyone actually receive a letter in the mail that stated that the reason their account was closed was due to "rewards/points abuse"?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 19, 2012, 02:52:27 PM
No, But my bet is that whoever got there accts closed had more CL than income....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 19, 2012, 02:57:05 PM
No, But my bet is that whoever got there accts closed had more CL than income....

If it was just due to 3bms and total credit lines exceeding income I'd have been shut down many years ago already...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 19, 2012, 02:57:28 PM
No, But my bet is that whoever got there accts closed had more CL than income....
FALSE! read the thread.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 19, 2012, 03:06:53 PM
No, But my bet is that whoever got there accts closed had more CL than income....
Don't bet before you educate yourself. 1st assignment: read the forum that your posting your bet in, from beginning to end.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 19, 2012, 03:17:00 PM
Interesting how a well educated Lamdan like you gets his acct shut down :'(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 19, 2012, 03:18:56 PM
Also not a Rayah from Dan that his acct wasn't shut down b.c he works for them ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 19, 2012, 03:21:01 PM
Interesting how a well educated Lamdan like you gets his acct shut down :'(
1. for the record my account was never shut down, 2. you gotta grow up.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 19, 2012, 03:22:43 PM
Also not a Rayah from Dan that his acct wasn't shut down b.c he works for them ;)
One hand does not speak to the other in such massive orgs.
Do you think when I apply for a card they ask how I'm doing for them today?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 19, 2012, 03:24:47 PM
One hand does not speak to the other in such massive orgs.
Do you think when I apply for a card they ask how I'm doing for them today?

Also not a Rayah from Dan that his acct wasn't shut down b.c he works for them ;)
Dan: ignore him, er redt fun zayn .... asach.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 19, 2012, 03:28:28 PM
Dan is a big boy he could stand up for himself :-*
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 19, 2012, 03:32:45 PM
Ooooo gettin a little heated here
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 19, 2012, 03:33:26 PM
Dan is a big boy he could stand up for himself :-*
yes, but we can't have guys supplying false information on these forums. I'm just informing him that you make stuff up.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 19, 2012, 03:36:04 PM
Quote
yes, but we can't have guys supplying false information on these forums. I'm just informing him that you make stuff up.

Well truthfully, we still don't know what for sure causes red flags...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 19, 2012, 03:37:45 PM
Well truthfully, we still don't know what for sure causes red flags...
Like
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 19, 2012, 03:38:26 PM
Well truthfully, we still don't know what for sure causes red flags...
we don't. he made up that I got closed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 19, 2012, 03:43:29 PM
Like
If we don't know, why did you come to false conclusion that it only has to do with credit limits being to high.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 19, 2012, 03:44:27 PM
If we don't know, why did you come to false conclusion that it only has to do with credit limits being to high.
like I said, er redt fun etc.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 19, 2012, 04:02:15 PM
I got a letter from Chase "Due to high CL and Low income we've decided to shut down your accounts" High Risk!
So there! all happy now? not making things up! 8)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 19, 2012, 04:13:09 PM
I got a letter from Chase "Due to high CL and Low income we've decided to shut down your accounts" High Risk!
So there! all happy now? not making things up! 8)

Can u tell us the amts?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 19, 2012, 04:16:15 PM
Quote
Posted by: mileshocker
« on: Today at 04:02:15 pm » Insert Quote
I got a letter from Chase "Due to high CL and Low income we've decided to shut down your accounts" High Risk!
So there! all happy now? not making things up!

Upload a pic of the letter!!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 19, 2012, 04:20:23 PM
Upload a pic of the letter!!
+1, after the previous fake posts you don't have too much credibility in my eyes.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 19, 2012, 04:23:46 PM
Going to get the Pic just stay tuned and don't go anywhere.....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: lcyitz on April 19, 2012, 04:25:51 PM
Can we get a small tally from people that have not been a/a'd even though they participated in some moderate churning? Would make a few of us feel better :)

I did:
2 CO
1 Hyatt
1 SP
1 Ink Bold

Hyatt and CO sometime last fall
2/bm for CO+SP in Jan
Ink bold this morning

I did
2 sapphire preferred
1 co
1 ua

With in past 3 months and thank g-d no a/a
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 19, 2012, 04:27:05 PM
Going to get the Pic just stay tuned and don't go anywhere.....
Thanks for the status update  ::)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 19, 2012, 04:28:08 PM
Upload a pic of the letter!!
This should be a good one!  ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 19, 2012, 04:28:44 PM
This should be a good one!  ;D

You don't believe he has the letter?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 19, 2012, 04:32:08 PM
You don't believe he has the letter?
Trust but verify.  :)
I have unfortunately seen many of these letters and the wording seems off. It could be he was paraphrasing what it said.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 19, 2012, 05:11:26 PM
A letter won't verify anything, I know how to do that... Someone should come up with a different idea how to verify. I have some cocky feelings on this member.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 19, 2012, 05:15:20 PM
No, But my bet is that whoever got there accts closed had more CL than income....
-1
i has about 15000 combined credit on all my cards. And yes i make alot more than that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 19, 2012, 07:44:01 PM
I got a letter from Chase "Due to high CL and Low income we've decided to shut down your accounts" High Risk!
So there! all happy now? not making things up! 8)
because you got a letter like that doesn't mean thats the only reason.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fefferkorn on April 20, 2012, 01:44:23 AM
I'm considering switching my wife's address, should I do it or will I be "waking up the dead"?
Bumping this.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 20, 2012, 09:05:46 AM
Going to get the Pic just stay tuned and don't go anywhere.....
where is it?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 20, 2012, 09:27:01 AM
Going to get the Pic just stay tuned and don't go anywhere.....
It has been 18 hours and I have not moved. Is it OK if I go to the bathroom?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on April 20, 2012, 09:29:02 AM
It has been 18 hours and I have not moved. Is it OK if I go to the bathroom?

Lol
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 20, 2012, 09:33:07 AM
Lol
You might think it is funny but I have to go real bad.  :'(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 20, 2012, 09:37:43 AM
And this has anything to do with Chase A/A? Create a thread "HelpMe badly needs to go to the bathroom" and post there your toilet trends.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: SPLP on April 20, 2012, 12:48:04 PM
And this has anything to do with Chase A/A? Create a thread "HelpMe badly needs to go to the bathroom" and post there your toilet trends.

+ 10
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: smart brit on April 20, 2012, 12:54:48 PM
+ 10
I knew he is mesguga but tht crazy? lol :) :) :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: smart brit on April 20, 2012, 12:56:51 PM
on a serious note can pls see that letter @mileschocker I'm very curious to see a reason for the current trend in shut downs
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 20, 2012, 02:32:18 PM
It's interesting, I received a letter from Chase today (after reconsideration for the Sapphire) saying that Chase will approve the application after they:

"took into account the total amount of outstanding credit you already have with us.We determined that you have sufficient credit available with us in relation to your income" (I can upload the letter lol)

So just saying that Chase definitely take your income in relation into account. Of course this does not prove anything for MilesHocker...



Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 20, 2012, 02:48:34 PM
Since when does Chase send letters after recon explaining the reason for approval?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: TC610 on April 20, 2012, 02:54:30 PM
Since when does Chase send letters after recon explaining the reason for approval?

After calling recon, I've always received a letter explaining their decision and actions taken.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 20, 2012, 05:10:28 PM
I did a quick search and didn't find the answer... I know we still haven't figured out exact reason for Chase A/A... do excessive AMEX GCs have to do with it?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 20, 2012, 05:31:17 PM
I did a quick search and didn't find the answer... I know we still haven't figured out exact reason for Chase A/A... do excessive AMEX GCs have to do with it?


They (I ) might view that as aiding the competition
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: smart brit on April 20, 2012, 06:04:23 PM
It's interesting, I received a letter from Chase today (after reconsideration for the Sapphire) saying that Chase will approve the application after they:

"took into account the total amount of outstanding credit you already have with us.We determined that you have sufficient credit available with us in relation to your income" (I can upload the letter lol)

So just saying that Chase definitely take your income in relation into account. Of course this does not prove anything for MilesHocker...
is that not part of the credit check a bank would do b4 giving a line of credit?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 20, 2012, 07:07:23 PM
After calling recon, I've always received a letter explaining their decision and actions taken.
only for action of disapproval, not for action of approval.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 21, 2012, 02:52:37 AM
only for action of disapproval, not for action of approval.

I have received both . But only once for approval and at least twice for initial denial due to too
many recent applications .
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: TC610 on April 21, 2012, 11:42:49 AM
only for action of disapproval, not for action of approval.

I disagree.  I've received letters after approvals as well.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 21, 2012, 11:13:50 PM
If tahts the case with you, I rasie hands. But its discriminating that they don't send letters explaining approval, not for me, not for the Mrs., not for daddy and not for mama.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 22, 2012, 12:25:37 AM
Quote
If tahts the case with you, I rasie hands. But its discriminating that they don't send letters explaining approval, not for me, not for the Mrs., not for daddy and not for mama.

sigh...... crazy as always..  ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 22, 2012, 02:29:00 AM
I did a quick search and didn't find the answer... I know we still haven't figured out exact reason for Chase A/A... do excessive AMEX GCs have to do with it?

i got closed. never bought a gc.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 22, 2012, 06:26:40 AM
This isn't funny. All my accounts, and the wife's accounts aren't being shown online. Her homepage says s/t about site availability being limited, but mine doesn't.

I'm becoming paranoid.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 22, 2012, 07:17:27 AM
This isn't funny. All my accounts, and the wife's accounts aren't being shown online. Her homepage says s/t about site availability being limited, but mine doesn't.

I'm becoming paranoid.


sites down dw
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 22, 2012, 07:18:35 AM
i got closed. never bought a gc.
what abour ur transfers?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 22, 2012, 08:01:44 AM

sites down dw


Sites working for me 8 Am NYC time . Warning about after midnight access so YMMV
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 22, 2012, 08:08:57 AM
This isn't funny. All my accounts, and the wife's accounts aren't being shown online. Her homepage says s/t about site availability being limited, but mine doesn't.

I'm becoming paranoid.

I'm back!! Either I was reinstated, or site fuctionality was restored.
I'll bet on the second.
:)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 22, 2012, 09:08:57 AM
I'm back!! Either I was reinstated, or site fuctionality was restored.
I'll bet on the second.
:)
Having the AARP card is so much fun.  ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 22, 2012, 11:06:15 AM
Having the AARP card is so much fun.  ;D
Partially that, but with the raft of closures, I'd be concerned even w/o it.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 22, 2012, 11:17:18 AM
Do we really need to go through this every single sunday early morning?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jkhein on April 22, 2012, 01:04:19 PM
Do we really need to go through this every single sunday early morning?
It is retarded!!! and I hate when I call them to ask, they lie that the last site update was only a few weeks ago etc.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 22, 2012, 02:21:52 PM
Do we really need to go through this every single sunday early morning?
yes, especially for us Israeli's, since it's the afternoon for us.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 22, 2012, 02:23:50 PM
It is retarded!!! and I hate when I call them to ask, they lie that the last site update was only a few weeks ago etc.
Not what I meant...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 22, 2012, 04:44:56 PM
Sunday is update day for Chase. Get used to it. Nothing to worry about.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on April 22, 2012, 04:48:02 PM
Sunday is update day for Chase. Get used to it. Nothing to worry about.

Agree with ur entire post except for this.... ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 22, 2012, 06:18:17 PM
I am a bit worried... not sure if I should push for approval of the second app of my 2bm that I just did.... I never churned, just signed up a whole load of CCs from chase last 10 months....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 22, 2012, 06:30:14 PM
I am a bit worried... not sure if I should push for approval of the second app of my 2bm that I just did.... I never churned, just signed up a whole load of CCs from chase last 10 months....
how many did you sign up for ?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 22, 2012, 06:42:21 PM
how many did you sign up for ?
6 (including the 2 I just signed up for)
I had no chase cards before all this. They even mentioned on my last recon that they had approved me for so much in such a short span
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 22, 2012, 07:14:03 PM
6 (including the 2 I just signed up for)
I had no chase cards before all this. They even mentioned on my last recon that they had approved me for so much in such a short span
How far apart where the 6. How long is your credit history besides for chase?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 22, 2012, 07:26:44 PM
signed up a whole load of CCs from chase last 10 months....
Credit history bit screwed up... had AMEX for 5 years yet for some ridiculous reason not on credit history (complicated story there) but on file longest one I have is almost 3 years old.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 22, 2012, 07:30:02 PM
Credit history bit screwed up... had AMEX for 5 years yet for some ridiculous reason not on credit history (complicated story there) but on file longest one I have is almost 3 years old.
Which card was the 2nd app? What was the sing up bonus?
Do you use chase for banking or do you have a lot of points that you would loose if you were A/A?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 22, 2012, 07:31:13 PM
Which card was the 2nd app? What was the sing up bonus?
Do you use chase for banking or do you have a lot of points that you would loose if you were A/A?

2nd app was Ink Cash. I do have a chase business checking account. Will this mean I won't lose my UR points if A/A?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 22, 2012, 07:32:32 PM
2nd app was Ink Cash. I do have a chase business checking account. Will this mean I won't lose my UR points if A/A?
You will, I was asking 2 Q's 1- if you use chase for banking, and do you have points ... Cuz if you are A/A you will loose both
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 22, 2012, 07:34:15 PM
You will, I was asking 2 Q's 1- if you use chase for banking, and do you have points ... Cuz if you are A/A you will loose both
Not cool... any idea how many members who have been signing Chase cards have had A/A happen? Do you think I should still push to get 2nd app? I already pushed through the 1st one (bold)...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 22, 2012, 07:44:20 PM
Not cool... any idea how many members who have been signing Chase cards have had A/A happen? Do you think I should still push to get 2nd app? I already pushed through the 1st one (bold)...
No one currently know the triggers of A/A

But, too many chase apps, or too much credit with chase seem to be a cause.

IMHO if you "need" chase for your banking you have more to loose than if you are just trying to churn cards and get sing up bonuses.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 22, 2012, 08:47:20 PM

But, too many chase apps, or too much credit with chase seem to be a cause.


Any idea of how many or how much?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on April 22, 2012, 09:18:02 PM
Is switching a sapphire visa to MC a possible trigger? (IE has anyone who has recently gotten A/A'd switched they're sapphire Visa to the sapphire MC?)
I know it's far fetched but figured its good to ask so we have as much data points as possible
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 22, 2012, 10:23:01 PM
It doesn't seem like there's one specific red flag that triggers the A/A. Just be careful. Don't push 3 Apps through, then spend 4G on Venmo, then transfer in 300k UR Points from 6 different people, then start opening accts for other people.....    :o
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: lcyitz on April 22, 2012, 10:29:22 PM
It doesn't seem like there's one specific red flag that triggers the A/A. Just be careful. Don't push 3 Apps through, then spend 4G on Venmo, then transfer in 300k UR Points from 6 different people, then start opening accts for other people.....    :o

Is that from experience>?  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 22, 2012, 10:32:21 PM
Quote
Is that from experience>? 

Lol. No.... I have not done all of these. Additionally, my own personal acct B''H has not been shut down.    ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on April 22, 2012, 10:54:18 PM
Is sending 1k UR points from my account to my wifes UA account, not a smart move these days?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 22, 2012, 11:06:09 PM
Just don't have a Credit Limit more than your income and you'll be fine
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on April 22, 2012, 11:08:47 PM
Just don't have a Credit Limit more than your income and you'll be fine

You think that's it??

    Also..side question .. if that does help why don't people lower their limits ?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 22, 2012, 11:11:42 PM
people should..i know my friend who was told from chase that he has too much credit w.them to get another card so he just cut his CL down and applied for a new card and got accepted
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 22, 2012, 11:16:57 PM
Just don't have a Credit Limit more than your income and you'll be fine
So what does it mean when your CL is 1/10 of your income and they close your card?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 22, 2012, 11:18:37 PM
So what does it mean when your CL is 1/10 of your income and they close your card?
This was your case?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 22, 2012, 11:22:47 PM
No but was the case with many that had the AARP card. I was just pointing out that you have to careful making a blanket statement.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 22, 2012, 11:24:07 PM
No but was the case with many that had the AARP card. I was just pointing out that you have to careful making a blanket statement.
Considering the amount of false statements he's made already on this thread there's not really much to point out.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 22, 2012, 11:33:49 PM
Considering the amount of false statements he's made already on this thread there's not really much to point out.
Thanks for the reminder.

Going to get the Pic just stay tuned and don't go anywhere.....
WHERE IS THE PIC?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 22, 2012, 11:37:01 PM
Quote
Is sending 1k UR points from my account to my wifes UA account, not a smart move these days?

Of course this is absolutely fine. 1) It's a small amount 2) technically, your only suppose to send UR points to people with the same address
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 22, 2012, 11:38:08 PM
My mistake, I thought he said UR, but it should be fine to send the points to your wifes UA acct
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 23, 2012, 12:39:42 AM
UA can be transferred anywhere as they don't regulate it AFAIK, as opposed to UR which they can see
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 23, 2012, 01:12:24 AM
Instead of continously speculating about what causes it, let's just all admit that there are apparently a variety of red flags.
If ppl have more actual data points to donate us, let's hear them, otherwise, speculation doesn't help anyone, and it just confuses ppl.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 23, 2012, 04:34:19 AM
Just don't have a Credit Limit more than your income and you'll be fine

Specifically at Chase?  My total is 3 X  income but I don't think that means anything. Did anyone ever consider a human being makes the decision to AA people so it may be subjective , as opposed
To some rigid guidelines .
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 23, 2012, 05:58:05 AM
Specifically at Chase?  My total is 3 X  income but I don't think that means anything. Did anyone ever consider a human being makes the decision to AA people so it may be subjective , as opposed
To some rigid guidelines .
+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 23, 2012, 12:22:49 PM
Specifically at Chase?  My total is 3 X  income but I don't think that means anything. Did anyone ever consider a human being makes the decision to AA people so it may be subjective , as opposed
To some rigid guidelines .

How old (average age) is your credit?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 23, 2012, 12:31:39 PM
WHERE IS THE PIC?
i think you better get up and go to the bathroom
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: bubbles on April 23, 2012, 12:33:04 PM
i think you better get up and go to the bathroom

http://www.amazon.com/Do-All-Outdoors-Pee-Bottle/dp/B004MXD18Y

and it is even prime eligible so you'll get it quickly  ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 23, 2012, 12:43:30 PM
How old (average age) is your credit?

I have had one Amex almost excludively for over 40 years plus only  1 other  card that I very seldom used in the last 10 years.
In the past year I have opened over 10 new cards. I pay my bills  promptly and prolly had > 35K
CL  on my one Amex card  that I never came close to using . My biggest bill may have been a one time $10k purchase on Amex.

If you take the average it's probably under 6 years .
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 23, 2012, 12:52:41 PM
How old (average age) is your credit?
why do you ask
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 23, 2012, 01:54:48 PM
Wondering how 'long' it is :o
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 23, 2012, 04:10:53 PM
Wondering how 'long' it is :o
Wrong forum
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 23, 2012, 09:12:07 PM
i am not getting something
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mclovin on April 23, 2012, 09:17:17 PM
i am not getting something
And u should b happy about that
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 24, 2012, 03:10:56 PM
message Mclovin or Mordy44 for the letter....sorry for the wait guys..
Thanks for being so patient
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 24, 2012, 03:43:44 PM
? :o :o :o :o ??? ??? ???
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mclovin on April 24, 2012, 03:47:22 PM
? :o :o :o :o ??? ??? ???
+10000000 although I do have to admit I know the guy
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 24, 2012, 03:48:21 PM
? :o :o :o :o ??? ??? ???

Can you please post the letter? I didn't realize we were waiting for you? Why are you hiding it from us?
SHOW US ALREADY!!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mileshocker on April 24, 2012, 03:52:19 PM
Just for the record I've never met Mclovin ....
I have no idea who he is
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 24, 2012, 04:04:05 PM
I'm tired of this.
It was nice hosting you mileshocker.  Maybe drive another forum crazy instead?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 24, 2012, 04:17:02 PM
I'm tired of this.

+1

This is still going on?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 24, 2012, 04:58:26 PM
I uploaded the letter but i think Mclovin or Mordy44 took it down..not sure why?

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 25, 2012, 10:42:28 AM
I stated a few pages earlier my accounts were closed bec. of "account not used as intended". Tried applying for a new card after and they said they cannot approve me because of that note on my account. Is there anyway to get back in good standing with chase and have them remove that note as well as have them change my credit report to reflect account closed by customer?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 25, 2012, 11:57:23 AM
I stated a few pages earlier my accounts were closed bec. of "account not used as intended". Tried applying for a new card after and they said they cannot approve me because of that note on my account. Is there anyway to get back in good standing with chase and have them remove that note as well as have them change my credit report to reflect account closed by customer?

I wouldn't hold your breath. But I have read that people in a similar position (having been A/A'd) can get another chase card after a few years.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 25, 2012, 12:21:37 PM
Is there anyway to get that notation taken off the account at this current time. Anyone have this similar experience?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 25, 2012, 12:38:13 PM
Is there anyway to get that notation taken off the account at this current time. Anyone have this similar experience?
try to call higher up departments. Also when you did the transfer 2 months ago, did that person who you transferred to get shut down too?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on April 25, 2012, 12:45:51 PM
I stated a few pages earlier my accounts were closed bec. of "account not used as intended". Tried applying for a new card after and they said they cannot approve me because of that note on my account. Is there anyway to get back in good standing with chase and have them remove that note as well as have them change my credit report to reflect account closed by customer?

What exactly were you doing just out of curiosity?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 25, 2012, 12:50:08 PM
IDK, as chase doesnt give reasons
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 25, 2012, 12:50:29 PM
Chase Executive Office for card services
888-622-7547 x 4350 (general)
888-622-7547 x 6833 (Jessica)

Chase Executive Office
800-242-7399
Heather Joyner, Executive Specialist
800.242.7399 ext. 51279
713-262-1279 Direct Line
FAX: 281-915-0984
heather.joyner@Chase.com

Gerald A. Smith
CEO Chase Credit Card Services
Phone: 302-282-3100
Fax: 302-282-3939
gordon.smith@Chase.com

Jamie Dimon
Chairman and Chief Executive Officer
JP Morgan Chase
270 Park Avenue, 39th Floor
New York, NY 10017
Phone: 212-270-1111
Fax: 212-270-1121
jamie.dimon@jpmchase.com
also try executive.office@Chase.com

Charlie Scharf
CEO Chase Retail Financial Services
Phone: 212-270-5447
Fax: 212-270-5448
charlie.scharf@Chase.com

Deb Walden
VP of Customer Service
PO BOX 15919
Wilmington, DE 19850
Phone: 302 594-4000
Fax: 888 643-9628
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 25, 2012, 12:53:27 PM
Chase Executive Office for card services
888-622-7547 x 4350 (general)
888-622-7547 x 6833 (Jessica -she rocked!)

Chase Executive Office
800-242-7399
Heather Joyner, Executive Specialist
800.242.7399 ext. 51279
713-262-1279 Direct Line
FAX: 281-915-0984
heather.joyner@Chase.com

Gerald A. Smith
CEO Chase Credit Card Services
Phone: 302-282-3100
Fax: 302-282-3939
gordon.smith@Chase.com

Jamie Dimon
Chairman and Chief Executive Officer
JP Morgan Chase
270 Park Avenue, 39th Floor
New York, NY 10017
Phone: 212-270-1111
Fax: 212-270-1121
jamie.dimon@jpmchase.com
also try executive.office@Chase.com

Charlie Scharf
CEO Chase Retail Financial Services
Phone: 212-270-5447
Fax: 212-270-5448
charlie.scharf@Chase.com

Deb Walden
VP of Customer Service
PO BOX 15919
Wilmington, DE 19850
Phone: 302 594-4000
Fax: 888 643-9628
has anyone had any luck getting their account restarted using the aforementioned contact?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 25, 2012, 12:54:30 PM
it was just posted seconds ago so time to start calling
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on April 25, 2012, 01:01:43 PM
it was just posted seconds ago so time to start calling
jessica is in for a surprise when she gets a deluge of phone calls!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 25, 2012, 01:45:14 PM
Has anyone gotten any reports of AU's or bank joint holders being shut down after the main account holder got A/A'd?
Or is it just people who's address is the same?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jkhein on April 25, 2012, 05:02:35 PM
IDK, as chase doesnt give reasons
Which kind of point transfers have you made?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 25, 2012, 05:24:48 PM
Is there anyway to get that notation taken off the account at this current time. Anyone have this similar experience?
Something you can try is dispute the account with the CRA as "not yours" and hope it gets deleted. This has worked with Citi in the past.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 25, 2012, 06:07:45 PM
Something you can try is dispute the account with the CRA as "not yours" and hope it gets deleted. This has worked with Citi in the past.

Pretty sure the notation he is talking about is one in the bowels of Chase (regarding him as a customer), not one with the CRA.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 25, 2012, 06:17:03 PM
Pretty sure the notation he is talking about is one in the bowels of Chase (regarding him as a customer), not one with the CRA.
I thought the same thing with Citi. Once the account was deleted CC accounts were approved again. Probably a long shot but I don't see a down side. Would be a great data point for others.  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 25, 2012, 07:14:15 PM
I thought the same thing with Citi. Once the account was deleted CC accounts were approved again. Probably a long shot but I don't see a down side. Would be a great data point for others.  :)

A great data point, indeed.

If that method works, their trigger would ostensibly be a "closed by issuer" on the CR. That'd be surprising.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 25, 2012, 07:19:54 PM
Citi's long been incompetent, I doubt it will work with Chase though I'd be pleased to eat my words.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 25, 2012, 07:28:38 PM
Citi's long been incompetent, I doubt it will work with Chase though I'd be pleased to eat my words.
This happened when the Citi CR card was closed. I have no data if it will work with Chase but just thought it might be worth a shot. If it involves more than one Chase card I would suggest not to try this. Disputing many cards as “not yours” could cause a fraud alert on your account.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 25, 2012, 07:34:37 PM
Not going to work its more than one card.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on April 25, 2012, 08:01:04 PM
This happened when the Citi CR card was closed. I have no data if it will work with Chase but just thought it might be worth a shot. If it involves more than one Chase card I would suggest not to try this. Disputing many cards as “not yours” could cause a fraud alert on your account.

Virtually all those on DDF who were AA'd had more than one active Chase card at the time.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 25, 2012, 08:27:22 PM
Virtually all those on DDF who were AA'd had more than one active Chase card at the time.
I'm still wondering, ballpark figure how many people who have been AA's are we talking about?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ajs625 on April 25, 2012, 11:14:39 PM
If you violate any T&C they close ALL your accounts and yes most people here have various chase issued CC's
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 25, 2012, 11:54:24 PM
I was talking to this guy who's not a points/miles guy, he opened a chase credit card, simply to have a credit card, it was his only credit card, and it got shut down a month later, about 2 weeks ago.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 12:04:52 AM
Since we don't know 100% what causes an A/A, I'd like to suggest something that could be done to MAYBE avoid A/A or to try to appease whoever is analyzing the account by having something that shows low-risk signs:
Having a positive balance on one CC or more.
It's risk free, and, who knows, it might make a difference.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 26, 2012, 12:11:53 AM
I think chase has a box full tickets with our accounts and they pick a few every few days.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 26, 2012, 12:33:41 AM
Since we don't know 100% what causes an A/A, I'd like to suggest something that could be done to MAYBE avoid A/A or to try to appease whoever is analyzing the account by having something that shows low-risk signs:
Having a positive balance on one CC or more.
It's risk free, and, who knows, it might make a difference.

A positive balance on a CC? As in have the CC owe you $?  :o

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 26, 2012, 12:35:13 AM
A positive balance on a CC? As in have the CC owe you $?  :o
I had that and I still got A/A'd
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 12:36:55 AM
A positive balance on a CC? As in have the CC owe you $?  :o
Yes.
Prepaying might not be the "safest" per se, but if you buy something, pay in full and then return it, you will have a positive balance until you either use the card again for that amount or call them and ask for a refund check.
Obviously the larger the amount the better this (alleged) trick will work.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 12:37:21 AM
I had that and I still got A/A'd
How much money were you above?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: gozalim on April 26, 2012, 12:39:24 AM
Since we don't know 100% what causes an A/A, I'd like to suggest something that could be done to MAYBE avoid A/A or to try to appease whoever is analyzing the account by having something that shows low-risk signs:
Having a positive balance on one CC or more.
It's risk free, and, who knows, it might make a difference.
it has been said that prepaying can be a red flag for some CC (as it allows for larger purchases).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 26, 2012, 12:40:10 AM
How much money were you above?
Not much it was basicly a mistake i thinf only a few dollars. so could be if i would of had more it would of helped.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 26, 2012, 12:41:41 AM
Yes.
Prepaying might not be the "safest" per se, but if you buy something, pay in full and then return it, you will have a positive balance until you either use the card again for that amount or call them and ask for a refund check.
Obviously the larger the amount the better this (alleged) trick will work.

Yes, I understand how one obtains a credit balance on a CC; I'm just not sure having Chase owe you few bucks on a CC (or three) would help appease the wrath of the henchmen.

How would that go?

"So Mr. Smith has 9 new accounts, a utilization percentage north of 70, and his credit limits exceed his stated annual income by 150%."

"Yes, sir."

"Then we A/A him!"

"No, we shouldn't."

"Why?"

"We owe him $14.51 on his Southwest card."

"Ohhh, you're right. Abort. Abort."

:)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 12:54:45 AM
it has been said that prepaying can be a red flag for some CC (as it allows for larger purchases).
Prepaying might not be the "safest" per se, but if you buy something, pay in full and then return it, you will have a positive balance
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 26, 2012, 12:55:10 AM
or SM credits
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 12:58:31 AM
Yes, I understand how one obtains a credit balance on a CC; I'm just not sure having Chase owe you few bucks on a CC (or three) would help appease the wrath of the henchmen.

How would that go?

"So Mr. Smith has 9 new accounts, a utilization percentage north of 70, and his credit limits exceed his stated annual income by 150%."

"Yes, sir."

"Then we A/A him!"

"No, we shouldn't."

"Why?"

"We owe him $14.51 on his Southwest card."

"Ohhh, you're right. Abort. Abort."

:)
I like your sense of humor.
Obviously the larger the amount the better this (alleged) trick will work.
Personally, I currently have a credit balance of over $1200 in one of my Chase cards, been there for months. I also know someone who "stores cash" that way sometimes.
Obviously this would only work for those who pay in full every month, forgot to mention that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on April 26, 2012, 01:14:04 AM
"So Mr. Smith has 9 new accounts, a utilization percentage north of 70, and his credit limits exceed his stated annual income by 150%."

"Yes, sir."

"Then we A/A him!"

"No, we shouldn't."

"Why?"

"We owe him $14.51 on his Southwest card."

"Ohhh, you're right. Abort. Abort."

:)
You should write a book, would be very entertaining. Perhaps a guide book to dansdeals?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 01:17:25 AM
or SM credits
Doubt that would work.
I'm talking about a substantial amount of money.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 26, 2012, 01:20:47 AM
You should write a book, would be very entertaining. Perhaps a guide book to dansdeals?
He's taking pre-orders :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: gozalim on April 26, 2012, 01:21:43 AM
He's taking pre-orders :)
can you pre-pay?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on April 26, 2012, 01:23:28 AM
He's taking pre-orders :)
maybe he can sell it from a grocery for freedom category 2.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 26, 2012, 01:23:58 AM
Doubt that would work.
I'm talking about a substantial amount of money.
What would the chance of someone with a 35k credit balance getting shut down?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 01:33:59 AM
What would the chance of someone with a 35k credit balance getting shut down?
Would most certainly have some effect IMO.
Does that someone also store cash in his cc's?  ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 26, 2012, 01:40:43 AM
Would most certainly have some effect IMO.
Does that someone also store cash in his cc's?  ;)
Maybe Chase did not get the memo. ;D  Card (AARP) was shut down.
All cash is stored in mattress.  :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 01:45:44 AM
Maybe Chase did not get the memo. ;D  Card (AARP) was shut down.
All cash is stored in mattress.  :P
Was it a prepay? Or pay in full and return?
Just that card got shut down or A/A'd?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 26, 2012, 01:51:51 AM
Was it a prepay? Or pay in full and return?
Just that card got shut down or A/A'd?
A couple of large transactions reversed. All personal and business cards shut down. To be fair this was most likely all AARP card related and the credit balance did not matter one way or the other.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 01:56:34 AM
A couple of large transactions reversed. All personal and business cards shut down. To be fair this was most likely all AARP card related and the credit balance did not matter one way or the other.
I see..
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 26, 2012, 06:37:03 AM
it has been said that prepaying can be a red flag for some CC (as it allows for larger purchases).

I have prepaid because I was not sure if I would have net access when the  bill became due .
Avoiding late charges etc I have paid 2 x in one cycle .

No large amounts just convenient to get it done
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 26, 2012, 09:51:21 AM
I have prepaid because I was not sure if I would have net access when the  bill became due .
Avoiding late charges etc I have paid 2 x in one cycle .

No large amounts just convenient to get it done
did you get a/a
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 26, 2012, 10:33:01 AM
No. Just disputing that as a cause by itself at least when no where near my CL and pay twice in a cycle FWIW
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yitzf on April 26, 2012, 01:26:06 PM
Yes, I understand how one obtains a credit balance on a CC; I'm just not sure having Chase owe you few bucks on a CC (or three) would help appease the wrath of the henchmen.

How would that go?

"So Mr. Smith has 9 new accounts, a utilization percentage north of 70, and his credit limits exceed his stated annual income by 150%."

"Yes, sir."

"Then we A/A him!"

"No, we shouldn't."

"Why?"

"We owe him $14.51 on his Southwest card."

"Ohhh, you're right. Abort. Abort."

:)

If I had to guess, the reason having a credit balance might reduce the risk off a A/A, is not because any human could care less to send you a check for the balance, rather is affect the computer algorithms giving you a lower risk profile.

Just my .02
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 26, 2012, 02:05:43 PM
Update:  My friend who had his account closed by Chase told me that the person who sent him a large sum of UR points also had his account shut down.

Coincidence? I think not.  :'(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 26, 2012, 02:07:06 PM
A lot of reports like this in the forumsphere.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 26, 2012, 02:15:09 PM
Update:  My friend who had his account closed by Chase told me that the person who sent him a large sum of UR points also had his account shut down.

Coincidence? I think not.  :'(
About how many points did he transfer?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 26, 2012, 02:16:42 PM
If I had to guess, the reason having a credit balance might reduce the risk off a A/A, is not because any human could care less to send you a check for the balance, rather is affect the computer algorithms giving you a lower risk profile.

Just my .02
The ultimate word on this is
It's risk free, and, who knows, it might make a difference.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 26, 2012, 03:02:26 PM
http://abclocal.go.com/kgo/story?section=news/7_on_your_side&id=6962439

This one has a real letter :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yitzf on April 26, 2012, 03:06:50 PM
http://abclocal.go.com/kgo/story?section=news/7_on_your_side&id=6962439

This one has a real letter :)
looks like a little media exposure worked wonders for her.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 26, 2012, 03:10:24 PM
looks like a little media exposure worked wonders for her.
Absolutely, if you are closed contact your local media, consumerist, WSJ, AG, etc, etc.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 26, 2012, 03:12:13 PM
Besides for points...Chase jacks cars away too..

"I am a poor college student going to school full time and working full time. I am trying the best I can do to pay off my tuition bill by April 26, which is my deadline, in order to receive my degree. Here I am sitting on the eve of midterms with a 40-minute commute that I won't be able to make on the day of midterms, because Chase Auto decided to be sneaky ** and take my car at 2 am. How in the world do they want me to graduate and get a job if I can't make it to school? Are they complete idiots? "
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on April 26, 2012, 03:14:10 PM
Update:  My friend who had his account closed by Chase told me that the person who sent him a large sum of UR points also had his account shut down.

Coincidence? I think not.  :'(
this is the first report IIRC, of someone just sending and getting A/A
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 26, 2012, 03:14:36 PM
A couple of large transactions reversed.

You make it sound like it was unexpected. :)
Return a car or two?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 26, 2012, 04:29:24 PM
You make it sound like it was unexpected. :)
Not really unexpected.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 26, 2012, 04:54:17 PM
Not really unexpected.
I would imagine.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on April 26, 2012, 06:09:30 PM
Yes.
Prepaying might not be the "safest" per se, but if you buy something, pay in full and then return it, you will have a positive balance until you either use the card again for that amount or call them and ask for a refund check.
Obviously the larger the amount the better this (alleged) trick will work.

I don't agree with your hypothesis. Most banks probably don't even report credit balances as such (they get reported as 0), and most banks will just send you a refund check after a few months of the balance sitting there..
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 26, 2012, 06:19:55 PM
Quote
About how many points did he transfer?

tad more than 400k
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 26, 2012, 06:25:16 PM
Interesting data point.

Take from it what you will.

http://www.flyertalk.com/forum/18465818-post68.html
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 26, 2012, 06:30:33 PM
Interesting, Anybody recently have success redeeming for cash?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 26, 2012, 06:35:34 PM
Interesting, Anybody recently have success redeeming for cash?

I know of a couple people.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on April 26, 2012, 06:36:54 PM
Quote
I know of a couple people.

extreme minority?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on April 26, 2012, 06:43:53 PM
Interesting data point.

Take from it what you will.

http://www.flyertalk.com/forum/18465818-post68.html

It was other stuff too, he did transfers etc
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 26, 2012, 06:46:37 PM
It was other stuff too, he did transfers etc

Other? That implies I suggested he did something.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: gozalim on April 26, 2012, 07:07:51 PM
I have prepaid because I was not sure if I would have net access when the  bill became due .
Avoiding late charges etc I have paid 2 x in one cycle .

No large amounts just convenient to get it done
by "prepay" I meant paying more than your balance (so your available credit>your CL) not paying before the statement closes (which is not known to be a flag)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 26, 2012, 07:08:23 PM
I know of a couple people.
Were the accounts closed for credit reasons or the dreaded "not used as intended"? It seems you have a chance of them letting you redeem them if the accounts were closed for credit reasons.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 26, 2012, 08:50:24 PM
I am thinking ...

I have spoke to my chase Business banker -  about 3 months after I opened a chase Business account I wanted to get the INK CC, I asked my banker if I dont get approved is there anything he could do, he responded that if I have a chase savings account with a decent amount of money (10k) than he could talk to chase and  get me approved since I am a customer of value to them ...

So I'm thinking - would opening a chase savings account (10K) help to not get A/A?

Also I am wondering if having a checking account, business and personal reduce the risk of A/A?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 26, 2012, 08:53:01 PM
So I'm thinking - would opening a chase savings account (10K) help to not get A/A?
Definitely can't hurt.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 26, 2012, 08:59:29 PM
Were the accounts closed for credit reasons or the dreaded "not used as intended"? It seems you have a chance of them letting you redeem them if the accounts were closed for credit reasons.

At least one of them was for credit reasons, IIRC.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on April 26, 2012, 09:29:19 PM
Also I am wondering if having a checking account, business and personal reduce the risk of A/A?
Have the same thought.
My wife is shut down for over 2 weeks already. I with the same history exactly, plus a lot of combined activity, same email etc... they left open. I believe it's because of my good accounts that I have with them, that weren't under my wife's name at all.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 27, 2012, 12:00:26 AM
Definitely can't hurt.
+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 27, 2012, 12:02:33 AM
I don't agree with your hypothesis. Most banks probably don't even report credit balances as such (they get reported as 0), and most banks will just send you a refund check after a few months of the balance sitting there..
I'm talking about having a credit balance specifically with Chase.
And once they send the refund check it can be done again.
I personally have had a credit balance with them for a few months and holding out to see when they will finally send me the check..
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 27, 2012, 12:03:55 AM
Also I am wondering if having a checking account, business and personal reduce the risk of A/A?
This could also hurt you possibly.
Depending on how "well" you use those accounts and if you, indeed, use them "as intended".
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on April 27, 2012, 01:51:28 AM
by "prepay" I meant paying more than your balance (so your available credit>your CL) not paying before the statement closes (which is not known to be a flag)
Can you elaborate... I often pay up most or all of my balance before the statement closes. Keeps my utilization down....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: scwam on April 27, 2012, 03:17:30 AM
I'm talking about having a credit balance specifically with Chase.
And once they send the refund check it can be done again.
I personally have had a credit balance with them for a few months and holding out to see when they will finally send me the check..

They won't send you a check unless you ask them.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 27, 2012, 03:29:59 AM
Machlokes tanoim:
most banks will just send you a refund check after a few months of the balance sitting there..
They won't send you a check unless you ask them.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 27, 2012, 04:04:23 AM
by "prepay" I meant paying more than your balance (so your available credit>your CL) not paying before the statement closes (which is not known to be a flag)

Thanks for clearing that up .
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 27, 2012, 09:20:34 AM
They won't send you a check unless you ask them.

IME that happens to be incorrect
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on April 27, 2012, 09:40:44 AM
IME that happens to be incorrect
Correct after 6 months of no activity
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 27, 2012, 09:45:08 AM
Correct after 6 months of no activity
3 months for me.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jkhein on April 27, 2012, 12:00:28 PM
Definitely can't hurt.
Any a/a'd guys here with great accounts?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on April 27, 2012, 12:15:15 PM
IME that happens to be incorrect
Correct after 6 months of no activity
3 months for me.

I just got three of them in the mail this past month, to be fair, I'm not sure any of them were from Chase.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 27, 2012, 12:20:39 PM
Chase and Citi seem to hang onto credit balances longer than AMEX IME.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 27, 2012, 12:25:27 PM
Any a/a'd guys here with great accounts?
Oh ya!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on April 27, 2012, 01:12:56 PM
Better question, anyone here get A/A'd with a good account that WASN'T doing any activity that is KNOWN as a red flag? (Ex. Transfers of large amount of points, multiple 5 cent charges etc etc)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 27, 2012, 03:00:39 PM
Specifically at Chase?  My total is 3 X  income but I don't think that means anything. Did anyone ever consider a human being makes the decision to AA people so it may be subjective , as opposed
To some rigid guidelines .


Bumped
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 27, 2012, 03:01:48 PM
Better question, anyone here get A/A'd with a good account that WASN'T doing any activity that is KNOWN as a red flag? (Ex. Transfers of large amount of points, multiple 5 cent charges etc etc)


Define " good account "
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 27, 2012, 05:47:23 PM

Bumped
whats the bump for
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on April 28, 2012, 03:42:44 AM
Did you guys know UA now charges $15 Per 1000 miles for transfer
to someone else's account .

Was it like this when program was CO ?

Have to choose carefully where u put your UR  points .
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 12:44:14 AM
Any a/a'd guys here with great accounts?
Oh ya!
If you call $15k a Great account that's what I had and still got shut down.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 29, 2012, 12:52:38 AM
If you call $15k a Great account that's what I had and still got shut down.
15K in checking savings? Personal or Business account?

Did you have a lot of credit with chase - a "risk" for them?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 12:57:04 AM
15K in checking savings? Personal or Business account?
all together between checking and savings.

Did you have a lot of credit with chase - a "risk" for them?
My CL was aprox. 37k.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 01:09:06 AM
If you call $15k a Great account that's what I had and still got shut down.
Don't feel bad. Many members had low 6 figure personal checking accounts and it did not matter.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 01:12:27 AM
Don't feel bad. Many members had low 6 figure personal checking accounts and it did not matter.
Doesn't make me feel better after loosing 150k+ UR :(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 01:16:00 AM
Doesn't make me feel etter after loosing 150k+ UR :(
You got off easy but I don't think that will make you feel any better either.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 01:20:59 AM
You got off easy but I don't think that will make you feel any better either.
I wouldn't say it's the worst possible but i wouldn't either call it got off easy.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 29, 2012, 01:22:03 AM
did you try to get a check for the points?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 01:22:54 AM
did you try to get a check for the points?
Yes more then once I even tried the executive office.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 29, 2012, 01:24:09 AM
not the slightest chance?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 01:25:58 AM
not the slightest chance?
That's what they told me :( any ideas?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 01:27:22 AM
I wouldn't say it's the worst possible but i wouldn't either call it got off easy.
I missed why your accounts were closed. Was it for "credit reasons" or the dreaded "not used as intended"?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 29, 2012, 01:28:08 AM
me it was not intended purpose and i lost 81k ur
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 01:30:24 AM
I missed why your accounts were closed. Was it for "credit reasons" or the dreaded "not used as intended"?
Credit reasons. too many account opened recently etc.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 29, 2012, 01:35:17 AM
Poll added, please participate!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 01:40:30 AM
That's what they told me :( any ideas?
Have you tried this route?
https://help.consumerfinance.gov/app/creditcard/ask
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 01:41:40 AM
Poll added, please participate!
Miles/cash back same as points?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on April 29, 2012, 01:45:13 AM
Have you tried this route?
https://help.consumerfinance.gov/app/creditcard/ask
has this helped anyone
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on April 29, 2012, 01:45:26 AM
Poll added, please participate!
missed an option "shut down and got reopened"
EDIT: nvm It let me edit the poll for some reason so I added it
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 01:45:46 AM
Have you tried this route?
https://help.consumerfinance.gov/app/creditcard/ask
No. Thank you I might as well try every way possible.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 01:47:08 AM
Miles/cash back same as points?
Did anybody get their UR transfered into miles after being A/A'd?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 01:47:55 AM
has this helped anyone
I know of two members it helped but both were accounts shut down for "credit reasons".
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on April 29, 2012, 01:49:11 AM
Did anybody get their UR transfered into miles after being A/A'd?

Never AFAIK.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 01:50:50 AM
I know of two members it helped but both were accounts shut down for "credit reasons".
Now!! that makes me feel better! :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 01:55:05 AM
Now!! that makes me feel better! :)
Don't make Chase out to be the bad guy. Just state your case, ask that your accounts be reopened (IMHO not going to happen) and that your points be made available to be redeemed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 29, 2012, 02:00:58 AM
Don't make Chase out to be the bad guy. Just state your case, ask that your accounts be reopened (IMHO not going to happen) and that your points be made available to be redeemed.
Why?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 02:07:00 AM
Why?
There are many reports of accounts being shut down for all types of reasons. I have only seen one report of an account being opened again. There was about a three week period were members with the AARP card had all accounts closed, then all accounts opened except the AARP card and then all accounts closed again.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 29, 2012, 02:12:30 AM
I have only seen one report of an account being opened again.
http://forums.dansdeals.com/index.php?topic=11216.msg140207#msg140207
http://forums.dansdeals.com/index.php?topic=11216.msg207750#msg207750
http://forums.dansdeals.com/index.php?topic=11216.msg216909#msg216909
http://forums.dansdeals.com/index.php?topic=11216.msg140407#msg140407

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 29, 2012, 02:16:02 AM
http://forums.dansdeals.com/index.php?topic=11216.msg140207#msg140207
http://forums.dansdeals.com/index.php?topic=11216.msg207750#msg207750
http://forums.dansdeals.com/index.php?topic=11216.msg216909#msg216909
http://forums.dansdeals.com/index.php?topic=11216.msg140407#msg140407
Now I have seen five.  :)

ETA: Make that four it seems one is the same story.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on April 30, 2012, 12:15:40 AM
Poll added, please participate!

The poll results will be skewed because you'll see a higher response rate from the group that had their accounts closed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 30, 2012, 12:25:43 AM
The poll results will be skewed because you'll see a higher response rate from the group that had their accounts closed.
+1

I was thinking like that, that the results arent accurate, it just gives you a picture of what is happening ...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on April 30, 2012, 12:30:23 AM
truth is though even people who have not been shut down will want to see the results of the poll to see how worried they should be so I would think alot of people would vote.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 30, 2012, 12:46:01 AM
truth is though even people who have not been shut down will want to see the results of the poll to see how worried they should be so I would think alot of people would vote.
You do not need to vote in order to see the results.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on April 30, 2012, 01:02:12 AM
You do not need to vote in order to see the results.
Could be for though I did not see the results until after I voted. That is how Yahoo does their polls for example making you interested in voting simply to see what everyone else wrote.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on April 30, 2012, 01:07:52 AM
Could be for though I did not see the results until after I voted. That is how Yahoo does their polls for example making you interested in voting simply to see what everyone else wrote.
In any case, IMO, to get a better picture of the situation it would be enough to know how many DDF'ers got A/A'd, not really the ratio within DDF.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on April 30, 2012, 01:22:39 AM
In any case, IMO, to get a better picture of the situation it would be enough to know how many DDF'ers got A/A'd, not really the ratio within DDF.
That would be good so long as you know the number of people who are active on this forum to get a perspective on how common this is.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 30, 2012, 07:48:22 AM
How can I vote 'no' when I have no idea what tomorrow wil happen?... If I, CH"V get A/Ad, would I be able to change my vote?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 30, 2012, 08:01:03 AM
How can I vote 'no' when I have no idea what tomorrow wil happen?... If I, CH"V get A/Ad, would I be able to change my vote?
At least you're asking the important questions :)

How would any poll work acc to what you're saying?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on April 30, 2012, 08:11:39 AM
Thats something that might change any day, its not like asking opinions.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Chaikel on April 30, 2012, 08:36:05 AM
Thats something that might change any day, its not like asking opinions.
opinions change every day
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 30, 2012, 11:01:52 AM
How can I vote 'no' when I have no idea what tomorrow wil happen?... If I, CH"V get A/Ad, would I be able to change my vote?
Notice the past tense of the poll.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on April 30, 2012, 11:06:34 AM
who other than me was able to get reopened
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: JEWDA on April 30, 2012, 11:08:12 AM
who other than me was able to get reopened
What did it take to get reopened?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on April 30, 2012, 11:09:25 AM
What did it take to get reopened?
luck. Im not rewriting it all I'm the OP in the thread if you want to see my story read the first few pages
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 30, 2012, 11:18:06 AM
who other than me was able to get reopened
Yellow.
Not sure who the 3rd lucky one is here.
Nice to see that 3 out of 8 reported AAs have been reopened though.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Chaikel on April 30, 2012, 11:21:04 AM
Yellow.
Not sure who the 3rd lucky one is here.
Nice to see that 3 out of 8 reported AAs have been reopened though.
My vote isn't accurate as it kept changing when new options were added. It show option 2, but it should be 3
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 30, 2012, 11:28:06 AM
My vote isn't accurate as it kept changing when new options were added. It show option 2, but it should be 3
I've just changed the poll to allow users to remove their previous vote and vote again.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 30, 2012, 12:13:12 PM
Nice to see that 3 out of 8 reported AAs have been reopened though.
Now it is 4 out of 5. I guess no need to worry about AA.  ;D
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 30, 2012, 12:13:44 PM
Now it is 4 out of 5. I guess no need to worry about AA.  ;D
4 out of 9.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on April 30, 2012, 12:16:42 PM
who has been re opened im very curious
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 30, 2012, 12:17:16 PM
4 out of 9.
I stand corrected. Why do I get the feeling the poll does not represent accurately what is going on.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 30, 2012, 12:18:46 PM
I stand corrected. Why do I get the feeling the poll does not represent accurately what is going on.
Like others have said, it will be skewed towards those who have been shut down as they are more likely to sound off.
But it gives us an idea of how many here have been shut down and their results if nothing else.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on April 30, 2012, 12:22:16 PM
How about a master thread on how members were able to get accounts reopened after AA from Chase?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on April 30, 2012, 12:34:07 PM
who has been re opened im very curious
Me, but I was shut down a while ago (Maybe a year ago?) and when i called it was relatively easy to get my cards back open. Not sure if it's still as easy with the latest shutdowns.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on April 30, 2012, 12:39:05 PM
And 2 more folk.
Don't be shy, tell your story!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on April 30, 2012, 12:41:10 PM
And 2 more folk.
Don't be shy, tell your story!
+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Chaikel on April 30, 2012, 12:47:09 PM
Ummm I just got this msg trying to sign in
Quote
Unable To Complete Your Request
Your User ID and Password are inactive. To reactivate your online access, please call us
Does this mean I might have to hold off on changing my vote?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on April 30, 2012, 01:58:03 PM
Ummm I just got this msg trying to sign in Does this mean I might have to hold off on changing my vote?
did it work out
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Chaikel on April 30, 2012, 02:52:53 PM
Hopefully false alarm. Fraud alert, but something weird is going on. I'll report back when I can log into my accounts again
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ChikkyMonkey on April 30, 2012, 03:03:24 PM
How does chase usually close or temporary shut accounts? Phone call? Letter? email?

I just got a call from an agent as they saw I had large spending on a business card... They asked the nature of my work etc...  then asked me to confirm how much I earn, after telling them they said that you and hung up.. is this a sign of worse things to come or is the fact they hung up mean it's ok? thx
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 30, 2012, 03:05:32 PM
How does chase usually close or temporary shut accounts? Phone call? Letter? email?
They just close it and about a week later you get a letter in the mail.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on April 30, 2012, 03:06:37 PM
They just close it and about a week later you get a letter in the mail.
What happens when you try to log in to your accounts online?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on April 30, 2012, 03:09:17 PM
What happens when you try to log in to your accounts online?
IME it let you sign in, but when it shows your CC accounts it has a message on top saying that the account is closed
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on April 30, 2012, 03:09:54 PM
What happens when you try to log in to your accounts online?

My bank accounts are still open BH and on top of each CC it says

Your account is closed and no longer available for use. If you have a balance remaining on the account, please continue to make monthly payments by the due date. Thank you.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ChikkyMonkey on April 30, 2012, 03:15:54 PM
if they had a problem with my answers on the phone would they immediately question further or does this info get passed on to someone else to further the investigation? any idea?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on April 30, 2012, 03:25:39 PM
if they had a problem with my answers on the phone would they immediately question further or does this info get passed on to someone else to further the investigation? any idea?
I've had multiple calls to confirm oversea charges, etc, and thus far, it hasn't led to anything.
From the reports we've seen, ppl haven't had calls prior to being AA'd.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jkhein on April 30, 2012, 03:40:35 PM
How about a master thread on how members were able to get accounts reopened after AA from Chase?
Maybe not so wise, JUST IN CASE Chase are indeed monitoring forums, we dont have to feed them with stuff.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 01, 2012, 09:29:01 PM
Hi,

I applied for a chase mastercard today and all mine and my wifes credit cards got cancelled.  I called up and spoke to lending and they refused to do anything.

Is there anything that can be done to fix this.

thanks
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 01, 2012, 09:30:05 PM
http://forums.dansdeals.com/index.php?topic=11216.0
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 01, 2012, 09:52:19 PM
I'm really sorry for you :(
You just applied today or you called them today?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on May 01, 2012, 09:54:51 PM
Has anyone been closed down that hadn't applied for cards in the last2/3 months before they were shut down?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 01, 2012, 09:57:54 PM
I was just charged my annual fee on my SP. Is it risky if I cancel my card to avoid the annual fee?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on May 01, 2012, 09:59:54 PM
I was just charged my annual fee on my SP. Is it risky if I cancel my card to avoid the annual fee?
Downgrade it to regular sapphire.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on May 01, 2012, 10:18:54 PM
Hi, my name is JEWDA, and I just wanna say: "REPOST!!"
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: JEWDA on May 01, 2012, 10:41:08 PM
Hi, my name is JEWDA, and I just wanna say: "REPOST!!"
You cant just say repost, you gotta link it  ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 01, 2012, 10:42:26 PM
Downgrade it to regular sapphire.
Do you get back the fee even if you don't close it?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on May 01, 2012, 10:44:46 PM
Do you get back the fee even if you don't close it?

Sure.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mclovin on May 01, 2012, 10:50:07 PM
Hi, my name is JEWDA, and I just wanna say: "REPOST!!"
repost (http://forums.dansdeals.com/index.php?topic=15969.msg219620#msg219620)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 02, 2012, 01:10:02 AM
it turns out they closed both my parents account in addition to mine and wifeys.  Luckily the missed grandma (different last name).

Tomorrow will be a busy day for me.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 02, 2012, 01:17:34 AM
it turns out they closed both my parents account in addition to mine and wifeys.  Luckily the missed grandma (different last name).

Tomorrow will be a busy day for me.
Any idea why?
are you all same address?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 02, 2012, 01:32:44 AM
it turns out they closed both my parents account in addition to mine and wifeys.  Luckily the missed grandma (different last name).

This whole thing really frightens me....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 02, 2012, 09:37:48 AM
i guess bc i transferrred chase points to them Or because they applied for too many cards.  we all applied for the chase sapphire mc yesterday.

my parents have a different addr then me
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 02, 2012, 09:39:21 AM
I called up the executive department this morning and am fighting the good fight right now.  They said I had 900k in revolving credit which is more than 3x what I actually have.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 02, 2012, 09:41:06 AM
i guess bc i transferrred chase points to them Or because they applied for too many cards.  we all applied for the chase sapphire mc yesterday.

my parents have a different addr then me

How many points did you transfer between accounts? Just to confirm, did you transfer points between accounts that were associated with different addresses?

I called up the executive department this morning and am fighting the good fight right now.  They said I had 900k in revolving credit which is more than 3x what I actually have.



Do you mean 90K?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 02, 2012, 09:44:38 AM
no i mean 900,000
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 02, 2012, 09:48:24 AM
no i mean 900,000

So, in actuality, you had $300,000 in revolving debt? Sheesh.

That, AND you transferred large amounts of points between accounts that did not share an address?

I'm not sure what your annual income is, but if it isn't pretty substantial (by which I mean enough to justify that amount of outstanding credit), I can't say I wonder why they pulled the cord on you.

That said, I do wish you luck. How many points got caught in the crossfire?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 02, 2012, 10:01:14 AM
I personally lost about 70k actual and another 70k of expected.
Yes my income can support my credit so thats not an issue.

I did not transfer large amounts of points between family members (and we all have the same last name)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: dans fan on May 02, 2012, 10:07:51 AM
Yes my income can support my credit so thats not an issue.
your income can support a cl of 300k?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: APoshiterYid on May 02, 2012, 10:21:19 AM
So, in actuality, you had $300,000 in revolving debt? Sheesh.

That, AND you transferred large amounts of points between accounts that did not share an address?

I'm not sure what your annual income is, but if it isn't pretty substantial (by which I mean enough to justify that amount of outstanding credit), I can't say I wonder why they pulled the cord on you.
I assume/hope when he said revolving credit he meant CL, not debt.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 02, 2012, 10:25:03 AM
I assume/hope when he said revolving credit he meant CL, not debt.
You need to know the full story. When I was doing AOR’s I had close to 500k in debt across all CC’s. 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 02, 2012, 10:38:53 AM
I personally lost about 70k actual and another 70k of expected.

Thatk's still only $140k, do you mean $300k between all of you?

I assume/hope when he said revolving credit he meant CL, not debt.

I didn't understand it to mean debt either.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 02, 2012, 10:42:00 AM
Thatk's still only $140k, do you mean $300k between all of you?

I didn't understand it to mean debt either.
in that quote he was talking abt points
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on May 02, 2012, 10:45:43 AM
Thatk's still only $140k, do you mean $300k between all

The 70k is in reference to AJK's question on how many points were caught in crossfire...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 02, 2012, 10:46:40 AM
in that quote he was talking abt points

That makes more sense, it explains what he means by "expected 70k".
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ChikkyMonkey on May 02, 2012, 10:52:53 AM
can someone please clarify, is there a problem with me transferring UR points to my kids/spouse United accounts?? not big amnts 30-40 twice.. thx
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on May 02, 2012, 10:59:34 AM
If they're in your household its officially allowed according to the t/c, but nothing is a guarantee you'll be spared.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 02, 2012, 11:29:59 AM
If they're in your household its officially allowed according to the t/c, but nothing is a guarantee you'll be spared.
He said United account, cant they be transferred anywhere. As opposed to UR.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 02, 2012, 11:45:09 AM
If they're in your household its officially allowed according to the t/c, but nothing is a guarantee you'll be spared.

You make this stuff up?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on May 02, 2012, 11:46:30 AM
Oh guys! Right! I mixed up with UR to UR transfer. My apologies.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 02, 2012, 11:46:54 AM
Oh guys! Right! I mixed up with UR to UR transfer. My apologies.

You're still wrong.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on May 02, 2012, 11:48:27 AM
Hu hoooo!! You're good at this game!.... Why?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 02, 2012, 11:49:13 AM
Hu hoooo!! You're good at this game!.... Why?

Read the T&C (which you apparently have yet to read).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: meshugener on May 02, 2012, 11:50:13 AM
I read it 2 months ago. Would you mind to remind me?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 02, 2012, 12:04:43 PM
Only allowed transfer between spouses
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 02, 2012, 02:53:35 PM
i guess bc i transferrred chase points to them Or because they applied for too many cards.  we all applied for the chase sapphire mc yesterday.
I also applied for a SP WMC the day before i got A/A'd but probably it's only a coincidence.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ez on May 02, 2012, 03:18:07 PM
I also applied for a SP WMC the day before i got A/A'd but probably it's only a coincidence.

It's probably NOT a coincidence
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 02, 2012, 03:25:57 PM
Actually it probably is.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Chaikel on May 02, 2012, 05:41:30 PM
Hopefully false alarm. Fraud alert, but something weird is going on. I'll report back when I can log into my accounts again
Just a fraud alert (albeit a nasty one). I'm up and running
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 02, 2012, 05:42:48 PM
Just a fraud alert (albeit a nasty one). I'm up and running
glad to hear it
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 02, 2012, 06:51:45 PM
A/A Update: So my friend called Chase numerous times and was eventually told that he got the infamous "accts not used as intended" reply.

After much pleading, yelling, complaining....... the represented remarked how the points in his UR acct did not seem to match the amount that he had been spending on his cards.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mclovin on May 02, 2012, 07:00:27 PM
A/A Update: So my friend called Chase numerous times and was eventually told that he got the infamous "accts not used as intended" reply.

After much pleading, yelling, complaining....... the represented remarked how the points in his UR acct did not seem to match the amount that he had been spending on his cards.
y should it. there are bonuses and people use points
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 02, 2012, 07:05:44 PM
A/A Update: So my friend called Chase numerous times and was eventually told that he got the infamous "accts not used as intended" reply.

After much pleading, yelling, complaining....... the represented remarked how the points in his UR acct did not seem to match the amount that he had been spending on his cards.
That is not good. The bigger problem is this is now happening to cards besides the AARP.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on May 02, 2012, 07:09:13 PM
That is not good. The bigger problem is this is now happening to cards besides the AARP.

 I wish they would tell you WHAT exactly you were doing that wasn't as intended!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 02, 2012, 07:09:32 PM
Quote
y should it. there are bonuses and people use points

He had numerous decent sized transfers into his acct. Doubtful that they'll flag you just for signup bonus.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 02, 2012, 07:13:36 PM
He had numerous decent sized transfers into his acct. Doubtful that they'll flag you just for signup bonus.
Do you know what type of spending? A lot of so called cash equivalents (funding accounts, AP, SQ). Spending more than stated CL each month?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 02, 2012, 07:15:02 PM
I wish they would tell you WHAT exactly you were doing that wasn't as intended!
For the AARP card they would say but it was simple to figure out. Earning to many rewards.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 02, 2012, 07:42:18 PM
Can recon forward your account for A/A? I did 2 - 3 bbm a month apart for my wife and the person seemed to be pretty annoyed that I was approved for so may cards recently.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: helixcardinal on May 02, 2012, 09:35:49 PM
Long time lurker on this thread. 

I got A/A'd last Monday, without notice.  Received notification in the mail on Friday saying that all my accounts have been closed.  Not using accounts as intended was NOT one of them.  I also have not done any weird balance transfers, large purchases, venmo, coins, etc.  Never a late payment.  I even opened up a new card last month without issues.  Anyways, I had six cards total, all shut down.  Called in to the regular and executive lines, no one was willing to talk about my case, said all correspondence had to be in writing.  Two letters sent so far with one reply in between, and they're refusing to reopen my accounts.  I'm still waiting to hear back about a proposed compromise, but it doesn't look good.  I didn't think I was at risk for an A/A given that I haven't done any abuse of the accounts, but here I am.  Be careful. 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on May 02, 2012, 09:39:27 PM
Long time lurker on this thread. 

I got A/A'd last Monday, without notice.  Received notification in the mail on Friday saying that all my accounts have been closed.  Not using accounts as intended was NOT one of them.  I also have not done any weird balance transfers, large purchases, venmo, coins, etc.  Never a late payment.  I even opened up a new card last month without issues.  Anyways, I had six cards total, all shut down.  Called in to the regular and executive lines, no one was willing to talk about my case, said all correspondence had to be in writing.  Two letters sent so far with one reply in between, and they're refusing to reopen my accounts.  I'm still waiting to hear back about a proposed compromise, but it doesn't look good.  I didn't think I was at risk for an A/A given that I haven't done any abuse of the accounts, but here I am.  Be careful.
Just to be clear, you don't churn and you have not made any UR transfers to anyone?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on May 02, 2012, 09:59:26 PM
Long time lurker on this thread. 

I got A/A'd last Monday, without notice.  Received notification in the mail on Friday saying that all my accounts have been closed.  Not using accounts as intended was NOT one of them.  I also have not done any weird balance transfers, large purchases, venmo, coins, etc.  Never a late payment.  I even opened up a new card last month without issues.  Anyways, I had six cards total, all shut down.  Called in to the regular and executive lines, no one was willing to talk about my case, said all correspondence had to be in writing.  Two letters sent so far with one reply in between, and they're refusing to reopen my accounts.  I'm still waiting to hear back about a proposed compromise, but it doesn't look good.  I didn't think I was at risk for an A/A given that I haven't done any abuse of the accounts, but here I am.  Be careful.
sorry man :(. Thanks for the heads up. any idea why were shut down? Any info would be helpful
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: elduderotomy on May 02, 2012, 10:05:06 PM
this is still a rare happening isn't it?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on May 02, 2012, 10:12:15 PM
It's becoming very clear that transferring points from UR to another UR is a big trigger. @mordy44, can you be more clear please,
He had numerous "decent" sized transfers into his acct. Doubtful that they'll flag you just for signup bonus.
please define clearly how big "decent" is, 100k, 50k, 20k, etc.?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 02, 2012, 10:15:36 PM
this is still a rare happening isn't it?
Not necessarily, it could be he had too much credit and was a "risk" for them ...



Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on May 02, 2012, 10:17:03 PM
i guess bc i transferrred chase points to them
how many at a shot and how many times?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 02, 2012, 10:42:43 PM
Quote
please define clearly how big "decent" is, 100k, 50k, 20k, etc.?

The one transfer i believe triggered the A/A was a transfer of 400k. I believe that this triggered the A/A because the person who sent those points also had his acct shut down.

Yes....it was dumb to do such a large amount in one transfer....  :-\
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 02, 2012, 10:47:47 PM
The one transfer i believe triggered the A/A was a transfer of 400k. I believe that this triggered the A/A because the person who sent those points also had his acct shut down.

Yes....it was dumb to do such a large amount in one transfer....  :-\
Now we're hearing the stuff I've been waiting to hear.
How long after the transfer was the shutdown?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 02, 2012, 10:50:20 PM
Quote
Now we're hearing the stuff I've been waiting to hear.
How long after the transfer was the shutdown?

It took a while. I believe it was about 2 months although i'll check the dates to make sure.

A representative on the phone also claimed that someone watches all transfers and irregularities. Not sure if that completely true but it's what she said.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 02, 2012, 10:57:15 PM
6 weeks to be exact
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Tzadik Nistar on May 02, 2012, 11:10:17 PM
I transfered for someone about 2 1/2 months ago 1.6M UR points in 4 transactions do i need to still be nervous about A/A or it passed already alot of time and they wont come back after me?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 02, 2012, 11:12:27 PM
I transfered for someone about 2 1/2 months ago 1.6M UR points in 4 transactions do i need to still be nervous about A/A or it passed already alot of time and they wont come back after me?
I would advise you not to keep too much UR in your account just in case....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on May 02, 2012, 11:13:39 PM
I transfered for someone about 2 1/2 months ago 1.6M UR points in 4 transactions do i need to still be nervous about A/A or it passed already alot of time and they wont come back after me?

Wow that's a lot.... I didnt realize so many DDFers were racking up such big amounts of UR points.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ae123 on May 02, 2012, 11:14:47 PM
Where can someone transfer UR points to?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 02, 2012, 11:16:03 PM
Where can someone transfer UR points to?
UA, BA, etc. or just sell it.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ae123 on May 02, 2012, 11:20:17 PM
UA, BA, etc. or just sell it.

It transfers to United at 1:1?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yaakov s on May 02, 2012, 11:21:49 PM
It transfers to United at 1:1?
Yes. In 1000 pts increments
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ae123 on May 02, 2012, 11:25:26 PM
And sitting and making 50 1000 point transfers doesn't trigger an AA?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 02, 2012, 11:30:42 PM
And sitting and making 50 1000 point transfers doesn't trigger an AA?
From what I understand it seems to be riskier when transferring to other ppl's UR accounts not so much when your transferring to your mileage program.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yaakov s on May 02, 2012, 11:32:34 PM
And sitting and making 50 1000 point transfers doesn't trigger an AA?
any amount is fine as long as its divisible by 1K. 50K could be done in one transfer.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 02, 2012, 11:35:09 PM
From what I understand it seems to be riskier when transferring to other ppl's UR accounts not so much when your transferring to your mileage program.
that's what UR SP points are mainly made for but anyway like yaakov s said the transfer could be as big as you want.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 02, 2012, 11:39:19 PM
that's what UR SP points are mainly made for
What do you mean?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 02, 2012, 11:45:53 PM
What do you mean?
what else do you do with UR points?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on May 03, 2012, 12:12:46 AM
Wow that's a lot.... I didnt realize so many DDFers were racking up such big amounts of UR points.
it wasn't "racking up" vehamayvin yavin ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 03, 2012, 12:18:40 AM
Long time lurker on this thread. 

I got A/A'd last Monday, without notice.  Received notification in the mail on Friday saying that all my accounts have been closed.  Not using accounts as intended was NOT one of them.  I also have not done any weird balance transfers, large purchases, venmo, coins, etc.  Never a late payment.  I even opened up a new card last month without issues.  Anyways, I had six cards total, all shut down.  Called in to the regular and executive lines, no one was willing to talk about my case, said all correspondence had to be in writing.  Two letters sent so far with one reply in between, and they're refusing to reopen my accounts.  I'm still waiting to hear back about a proposed compromise, but it doesn't look good.  I didn't think I was at risk for an A/A given that I haven't done any abuse of the accounts, but here I am.  Be careful.
What was the reason given in the letter?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 03, 2012, 12:26:46 AM
what else do you do with UR points?
I was just unsure of what you meant. It seemed from your answer that you were saying that UR SP are meant to transfer to other UR accounts under other ppl's accounts. No worries, all good now :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 03, 2012, 02:39:28 AM
this is still a rare happening isn't it?

This? If you're referring to Chase A/A, it seems to be more common these days...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: PETERP on May 03, 2012, 09:03:06 AM
I transfered for someone about 2 1/2 months ago 1.6M UR points in 4 transactions do i need to still be nervous about A/A or it passed already alot of time and they wont come back after me?

I would advise you to not post specifics like that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: helixcardinal on May 03, 2012, 09:46:26 AM
Just to be clear, you don't churn and you have not made any UR transfers to anyone?

No churns, no UR transfers. 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on May 03, 2012, 09:47:16 AM
No churns, no UR transfers.
Credit line vs. reported income?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: helixcardinal on May 03, 2012, 09:47:23 AM
What was the reason given in the letter?

Basically too many credit cards, too many recent accounts, too high a credit limit (although combined it was less than half my annual salary). 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on May 03, 2012, 09:51:21 AM
Basically too many credit cards, too many recent accounts, too high a credit limit (although combined it was less than half my annual salary).
so weird, If this is the only reasons you are being given, why havent we all been shut down by now?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on May 03, 2012, 09:55:12 AM
so weird, If this is the only reasons you are being given, why havent we all been shut down by now?
al tiftach peh l'satan
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: helixcardinal on May 03, 2012, 10:17:03 AM
so weird, If this is the only reasons you are being given, why havent we all been shut down by now?

I don't know.  It's been extremely frustrating, to say the least. 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 03, 2012, 10:19:49 AM
Basically too many credit cards, too many recent accounts, too high a credit limit (although combined it was less than half my annual salary).
They view you as a credit risk. A lot better than "not used as intended".
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: helixcardinal on May 03, 2012, 10:30:56 AM
They view you as a credit risk. A lot better than "not used as intended".

They're still not willing to reopen any of my accounts. 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on May 03, 2012, 10:34:16 AM
They're still not willing to reopen any of my accounts.
Has anyone who was shut down gone to a branch and see if they can help?
I know dan has mentioned that it works sometime with recon
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 03, 2012, 11:25:54 AM
Has anyone who was shut down gone to a branch and see if they can help?
I know dan has mentioned that it works sometime with recon

I know some who tried and had no luck, especially for  "not used as intended".
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 03, 2012, 02:00:06 PM
Has anyone who was shut down gone to a branch and see if they can help?
I know dan has mentioned that it works sometime with recon
I went and no luck :(
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on May 03, 2012, 02:14:04 PM
I went and no luck :(
do they know you at the branch?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 03, 2012, 02:14:51 PM
do they know you at the branch?
yes.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: abcxyzzz on May 03, 2012, 02:28:09 PM
Basically too many credit cards, too many recent accounts, too high a credit limit (although combined it was less than half my annual salary).

Exactly same thing happened to me and my wife on the same day last week.  Closed 4 personal and 1 business for me, and 3 personal and 1 buisness for my wife.  Funny thing is they say I have to high credit limit, yet THEY are the ones that recently approved me for $14k and $13k on my last 2 approvals.  They're giving me these high limits, then shutting me down...what a contradiction...

So how are some people getting reinstated? I've talked to several ppl, even in exec dept, and they're unwilling...

And how are some people getting 1 cent per point, they won't give me anything...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 03, 2012, 02:38:31 PM
Well, add another 3 shutdowns to the above poll... the above poster, his wife, and helixcardinal.

I get the feeling there is a bunch more "waiting in the wings" that haven't come forward, unfortunately.

So how are some people getting reinstated? I've talked to several ppl, even in exec dept, and they're unwilling...

And how are some people getting 1 cent per point, they won't give me anything...

Both are rare. And, though I hate to say it, its a YMMV kinda thing. Just keep trying, writing, emailing.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 03, 2012, 02:39:41 PM
someone should really take them to small claims court for their points. at least the people who are shut down for credit reasons and not "not intended purpose" should have a good chance
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 03, 2012, 02:42:44 PM
I get the feeling there is a bunch more "waiting in the wings" that haven't come forward, unfortunately.

I got some PMs to that effect, but I won't speak for people who won't speak for themselves. I suspect abcxyzzz is one of those people who PM
d me (with a different DDF username, maybe a mod can check that).

someone should really take them to small claims court for their points. at least the people who are shut down for credit reasons and not "not intended purpose" should have a good chance

SCC is nothing, they'll just get 1-1.5cpp, which is a drop in the bucket for Chase. I don't think it'll set a legal precedent that they have to pay for points of everyone who is A/A'd.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 03, 2012, 02:46:49 PM
for someone who was 100-200k points thats still a few thousand dollars
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 03, 2012, 02:47:40 PM
for someone who was 100-200k points thats still a few thousand dollars

Fair enough, but it won't change anything as far as everyone else is concerned, that's my take anyway.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on May 03, 2012, 02:49:06 PM
do they know you at the branch?
The whole Chase branch here knows me very well, and use me from time to time to promote their business thru various ways. I have helped them a lot, and in exchange I benefited a lot, getting big things pushed thru (including a mortgage for a Cong.), but when my wife got AA'd, they couldn't do anything. I had the manager calling in 3 times, and no go!!
So, this is NOT the solution in this case.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 03, 2012, 03:25:17 PM
yesh li mishpacha she'oved shama v'hoo bekeish mi banker prati laazor li, vzeh lo asah kloom bishvili

Lo echpat lahem im yesh lecha harbei kesef
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 03, 2012, 03:28:37 PM
yesh li mishpacha she'oved shama v'hoo bekeish mi banker prati laazor li, vzeh lo asah kloom bishvili

Lo echpat lahem im yesh lecha harbei kesef

Im hu oved shama, lama hu lo yachol laazor beatzmo?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: smurf on May 03, 2012, 03:46:29 PM
Im hu oved shama, lama hu lo yachol laazor beatzmo?
yesh li mishpacha she'oved shama v'hoo bekeish mi banker prati laazor li, vzeh lo asah kloom bishvili

Lo echpat lahem im yesh lecha harbei kesef
min hastam shehbanker prati yoter chshuv mbanker ragil
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Yellow on May 03, 2012, 03:58:00 PM
Has anyone who was shut down gone to a branch and see if they can help?
I know dan has mentioned that it works sometime with recon

When I went into the branch (when I was AA'd) it wasn not helpful at all. They were basically just as confused/irritated as I was about the whole situation
I got some PMs to that effect, but I won't speak for people who won't speak for themselves. I suspect abcxyzzz is one of those people who PM
d me (with a different DDF username, maybe a mod can check that).
I also got 2 PM's today from people who were AA'd....

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 03, 2012, 03:59:34 PM
I also got 2 PM's today from people who were AA'd....

Probably (some of) the same people that PM'd me, I encouraged them to come outta hiding and post here.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 03, 2012, 04:02:56 PM
same here got like 3-4 in past few days
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 03, 2012, 04:04:42 PM
Why are they PM'ing all of you?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 03, 2012, 04:06:03 PM
I'd imagine for advice?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 03, 2012, 04:06:33 PM
Why are they PM'ing all of you?

Ask them? :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on May 03, 2012, 04:07:14 PM
If those that are AA'd don't want to post under their DDF name for some reason, let them post under a new name, there's no reason for mods to expose them, they have a right to privacy. I actually recommend they do that, there's alot of info we can figure out from them.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 03, 2012, 04:24:47 PM
I hope they at least participated in the poll

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: abcxyzzz on May 03, 2012, 04:38:38 PM
I got some PMs to that effect, but I won't speak for people who won't speak for themselves. I suspect abcxyzzz is one of those people who PMd me (with a different DDF username, maybe a mod can check that).

Hmm..that's my first post on Dan's Deals ever, so I didn't PM you earlier.  PM you about what anyway?  I don't even know what the acronymn A/A means, I just know it has something to do with being screwed by Chase.



Edited to fix quote tag
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 03, 2012, 05:00:25 PM
Why in the world would they not come forward?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on May 03, 2012, 05:07:59 PM
I hope they at least participated in the poll



The poll is skewed and doesn't reflect the reality anyhow.

Each user can only vote once. That doesn't reflect the 5 people I'm in touch with besides myself who also got A/A'd (and are not DDF members). We know that it's common practice for chase to shut down whole households when they feel the urge to take A/A. That's definitely not reflected in the above, so it's kinda misleading actually.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 03, 2012, 05:09:49 PM
yesh li mishpacha she'oved shama v'hoo bekeish mi banker prati laazor li, vzeh lo asah kloom bishvili

Lo echpat lahem im yesh lecha harbei kesef
Why is this so secretive that it has to be in Hebrew? No big chiddush in it.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: ae123 on May 03, 2012, 05:11:36 PM
Dvarim ka'eilah, shehu bikeish mimishehu la'azor oto, kdai lo l'hagid b'anglit.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 03, 2012, 05:12:18 PM
The poll is skewed and doesn't reflect the reality anyhow.

Each user can only vote once. That doesn't reflect the 5 people I'm in touch with besides myself who also got A/A'd (and are not DDF members). We know that it's common practice for chase to shut down whole households when they feel the urge to take A/A. That's definitely not reflected in the above, so it's kinda misleading actually.
Huh? You may know 5 people who have been A/A'ed but you probably also know 200 who have not who are also not on DDF.  How does that skew the poll results?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on May 03, 2012, 06:04:17 PM
Huh? You may know 5 people who have been A/A'ed but you probably also know 200 who have not who are also not on DDF.  How does that skew the poll results?
I see where you're coming from. I still feel like the poll is misrepresenting the stories being reported here in the thread, where the numbers of Chase AA's being reported are much higher. When someone looks up for a quick view of the A/A's reported here, they're not getting the true picture.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 03, 2012, 07:11:53 PM
I tried logging in i get

Unable to Complete Transaction   
 
 
We were unable to process your request.   Unknown Error (11315) 
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yaakov s on May 03, 2012, 07:25:58 PM
I tried logging in i get

Unable to Complete Transaction   
 
 
We were unable to process your request.   Unknown Error (11315)
Thats a system error not you personally
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 03, 2012, 07:29:45 PM
I tried logging in i get

Unable to Complete Transaction   
 
 
We were unable to process your request.   Unknown Error (11315)
I am getting the same error  :-\
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 03, 2012, 07:30:34 PM
I tried logging in i get

Unable to Complete Transaction   
 
 
We were unable to process your request.   Unknown Error (11315) 

+1.... I really really hope it's not A/A
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yaakov s on May 03, 2012, 07:35:16 PM
+1.... I really really hope it's not A/A
So we all got A/A'd in the last few minutes  :o

Its been mentioned a few times that you see all your accounts when your A/A just they are closed
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 03, 2012, 07:45:24 PM

(http://img.tapatalk.com/ad65cd34-1882-922e.jpg)

From my cell it shows system error

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sky121 on May 03, 2012, 07:47:10 PM
I believe there was a waning about system maintenance again this afternoon. I didn't pay attention to when it was going to be.

     I can't sign in either.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: TC610 on May 03, 2012, 07:48:00 PM
Site is down.

Outage Chase
We're sorry this website is temporarily unavailable
   
     We know you rely on chase.com and are sorry for the inconvenience. We're working to restore your access as quickly as possible.

If you need help right now, please use one of the numbers below. We thank you for your patience and will keep you updated.

Also, be especially wary of phishing emails when the site is down.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 03, 2012, 07:52:02 PM
Stupid A/A has got me so worried.... I went through a very painful FR and I really don't want to get screwed again...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 07:54:28 PM
Why are they PM'ing all of you?
I am one of the people that PM not because we are hiding - Just because after reading many pages in this thread it seemed like most people were getting reinstated but no one was giving details exactly how. There are even some posts begging for details. Si I thought that maybe someone has an idea or phone number that  hashtikah yofeh lohem vihameivin yovin. I imagine that this is the same reason that others are PM. I have since come to learn that there is no easy solution other then to call and hope for the best.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 03, 2012, 07:57:16 PM
The poll is too small to be meaningful.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 03, 2012, 08:00:41 PM
I am one of the people that PM not because we are hiding - Just because after reading many pages in this thread it seemed like most people were getting reinstated but no one was giving details exactly how. There are even some posts begging for details. Si I thought that maybe someone has an idea or phone number that  hashtikah yofeh lohem vihameivin yovin. I imagine that this is the same reason that others are PM. I have since come to learn that there is no easy solution other then to call and hope for the best.
I can tell you that is not what is happening. The exact opposite is what is going on.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 08:05:30 PM
I can tell you that is not what is happening. The exact opposite is what is going on.
I now realize that this is true and almost no one is getting back on. Just in the first ten pages of this thread it seems that people were getting reinstated.
Another member in my family who transferred just 100k UR got shut down today. So far I am OK but would not be surprised if I am next.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on May 03, 2012, 08:06:22 PM
I can tell you that is not what is happening. The exact opposite is what is going on.
+1
The reports of being reinstated are in the begining of the threas back a while ago, when they weren't so aggrasive, and those people were shut down for being a credit risk.
The recent roundup of shut downs, seem to be "card not used as intended reason", and so there is nothing to do about it.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 08:07:34 PM
The way Chase treats customers makes me appreciate AMEX even more.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 08:09:07 PM
The way Chase treats customers makes me appreciate AMEX even more.
Lets be honest an AMEX FR - just requires you to prove what you claim on your application is true. Chase does not give any information or any means of appeal.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yaakov s on May 03, 2012, 08:12:37 PM
I now realize that this is true and almost no one is getting back on. Just in the first ten pages of this thread it seems that people were getting reinstated.
Another member in my family who transferred just 100k UR got shut down today. So far I am OK but would not be surprised if I am next.
How long after the transfer?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: TC610 on May 03, 2012, 08:18:33 PM
Another member in my family who transferred just 100k UR got shut down today.

Transferred....out to another UR account?  Or to a travel partner?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 03, 2012, 08:40:51 PM
ani lo rotzeh lhagid et ha devarim banglit, ki ani lo rotzeh she hem yed'u mi zeh achi.  V'mi sheamar she achi lo asiti, zeh bshvil she ulai prati zeh yoter tov.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 03, 2012, 09:00:20 PM
V'mi sheamar she achi lo asiti, zeh bshvil she ulai prati zeh yoter tov.
Ani lo mevain at ha ivrit shelcha. Zeh ivrit im hinglit
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 09:01:18 PM
How long after the transfer?
1 month also applied for about 4 chase cards over the last year
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 09:02:32 PM
Transferred....out to another UR account?  Or to a travel partner?
First on that got shut was for selling the points
Second family member transferred 100k points into first family members UR account
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on May 03, 2012, 09:10:36 PM
Ani lo mevain at ha ivrit shelcha. Zeh ivrit im hinglit
+1 but I guess that way google translate won't help
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 03, 2012, 09:16:44 PM
+1 but I guess that way google translate won't help
I was thinking of that, as if someone types in Ivrit letter its pointless
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 03, 2012, 09:17:55 PM
Is it me or does it seem like Chase is actually monitoring UR transfers enough to discern if people are transferring to spouses (allowed) or transferring to others (not allowed)?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on May 03, 2012, 09:21:24 PM
Is it me or does it seem like Chase is actually monitoring UR transfers enough to discern if people are transferring to spouses (allowed) or transferring to other (not allowed)?

This is the most common trigger so I'd say your assumption is about right.
However, 3bms and other strange point earnings are a suspected trigger too (in terms of points)

Then there is the other known trigger of having a CL that exceeds or reaches 50% and above of your sated income.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 09:22:57 PM
Since I am now getting a bunch of PM here is the exact story.
My wife and I transferred 100k each UR to my brothers UR account (he lives in a different state)
My father also transferred 50k UR to my brother UR - also different address
my brother had 100k himself
he sold the 350k UR to someone in lakewood
My brother's cards all got cancelled last night
My father's cards got cancelled also
My wife and I have not been cancelled
My brother has applied over the last year for Sapphire continental and united. He also switched his sapphire to MC and applied again for a visa
My father also had several chase cards over the last year - I dont have exact details
My wife only has sapphire
I had sapphire and applied and received before Pesach for priority club and southwest

I hope this megilah helps someone -
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 03, 2012, 09:27:27 PM
Since I am now getting a bunch of PMS here is the exact story.
You may want to get that checked out ;)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: moshiach1 on May 03, 2012, 09:29:43 PM
So how do people Sell Points without getting caught??
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 09:30:05 PM
You may want to get that checked out ;)
You are too quick I switched it about a second after it posted
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on May 03, 2012, 09:30:49 PM
Since I am now getting a bunch of PM here is the exact story.

I hope this megilah helps someone -

It certainly does help and thanks for sharing it and sorry for your fathers and brothers closures.

Would you mind sharing when (roughly) the transfers occurred and when your brother sold them?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 09:32:24 PM
It certainly does help and thanks for sharing it and sorry for your fathers and brothers closures.

Would you mind sharing when (roughly) the transfers occurred and when your brother sold them?

approx 6 weeks ago - we all transferred to him a few days before he sold them
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on May 03, 2012, 09:36:23 PM
wow
I guess chase IS monitoring transfers. Do can we safely assume that if our CL isn't huge, and we don't make ur transfers than we have a big chance of not getting shut down?
And can we safely assume that churning/3BM is not the cause?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on May 03, 2012, 09:48:49 PM
approx 6 weeks ago - we all transferred to him a few days before he sold them

Thanks for a complete story which definitely has lots to learn of.

I'd highly suggest you transfer (to a travel partner) all UR points left in ur accounts ASAP. You don't know what tomorrow brings.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 03, 2012, 09:52:17 PM
Thanks for a complete story which definitely has lots to learn of.

I'd highly suggest you transfer (to a travel partner) all UR points left in ur accounts ASAP. You don't know what tomorrow brings.
he doesn't have as he transferred to his brothers acct
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yaakov s on May 03, 2012, 09:52:24 PM
Thanks for a complete story which definitely has lots to learn of.

I'd highly suggest you transfer (to a travel partner) all UR points left in ur accounts ASAP. You don't know what tomorrow brings.
Are we so sure that Chase isnt passing on this information to their affiliates and possibly causing airline account closures
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 03, 2012, 09:53:06 PM
Are we so sure that Chase isnt passing on this information to their affiliates and possibly causing airline account closures
Do they also track airline transfers or just UR?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: bubbles on May 03, 2012, 09:53:46 PM
Are we so sure that Chase isnt passing on this information to their affiliates and possibly causing airline account closures

But what did you do to the airlines? They would close you down for selling UR points?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 03, 2012, 09:54:23 PM
Do they also track airline transfers or just UR?
Airline transfers are legal so they probably don't
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on May 03, 2012, 09:57:57 PM
Airline transfers are legal so they probably don't

IIRC you're not allowed to transfer to airline accounts except yours and your spouses.
So same rules apply for UR or Travel Partners
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 03, 2012, 10:01:06 PM
IIRC you're not allowed to transfer to airline accounts except yours and your spouses.
So same rules apply for UR or Travel Partners
source?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 03, 2012, 10:02:39 PM
source?

+1, I've never seen that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 03, 2012, 10:03:20 PM
IIRC you're not allowed to transfer to airline accounts except yours and your spouses.
Where does it say?
also it seems they arent makpid or dont check
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yaakov s on May 03, 2012, 10:03:29 PM
Since I am now getting a bunch of PM here is the exact story.
My wife and I transferred 100k each UR to my brothers UR account (he lives in a different state)
My father also transferred 50k UR to my brother UR - also different address
my brother had 100k himself
he sold the 350k UR to someone in lakewood
My brother's cards all got cancelled last night
My father's cards got cancelled also
My wife and I have not been cancelled
My brother has applied over the last year for Sapphire continental and united. He also switched his sapphire to MC and applied again for a visa
My father also had several chase cards over the last year - I dont have exact details
My wife only has sapphire
I had sapphire and applied and received before Pesach for priority club and southwest

I hope this megilah helps someone -
The question is what happened to your brothers account after it was sold . How many transfers were done by the broker and how big were they?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 03, 2012, 10:05:21 PM
I find it hard to believe that someone is looking at every transfer. Probably they have an algorithm that monitors transfers churning and other factors flags accounts for someone at Chase to look at. That being said it seems that transferring plays a big role.
In my case I imagine my brother's account got flagged - he did push the envelope - however why my father's was shut for transferring 50k points and having 3 cards is puzzling.
I cleaned out all remaining points.
The only rational I have is that if the transfers 6 weeks ago triggered something - at that time I only had a continental card which I paid the yearly fee (after getting $100 not to cancel) and the sapphire card.   
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: 123ablack on May 03, 2012, 10:12:36 PM
source?
+1, I've never seen that.
I might be wrong.  That's whats sitting in my mind can't recall where I picked that up from
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 03, 2012, 10:24:34 PM
In my case I imagine my brother's account got flagged - he did push the envelope - however why my father's was shut for transferring 50k points and having 3 cards is puzzling.
I cleaned out all remaining points.

It doesn't take a rocket scientist to find (either via algorithm or human review) a large culprit and trace back to find out how he became that culprit.

In other words, if I had to guess, I'd bet that the points broker in Lakewood who bought 350K+ from your brother also got shut down. From there its simply a records search to find out who sold the broker the points. Bingo: your brother. And on and on.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 03, 2012, 11:30:48 PM
Based on this thread it seems its a 16 percent chance of getting A/Aed.
What are most people doing with their points?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 04, 2012, 12:26:00 AM
Since I am now getting a bunch of PM here is the exact story.
Great data points but you are posting way too much information. If someone at Chase wanted to pinpoint who you are it would be very easy.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on May 04, 2012, 12:40:02 AM
Based on this thread it seems its a 16 percent chance of getting A/Aed.
What are most people doing with their points?
now that jerseysteve was kind enough to share his story, I think we can all take a deep breath. The only people who should be scared are those who did transfers to non-spouse accounts
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 04, 2012, 12:42:21 AM
now that jerseysteve was kind enough to share his story, I think we can all take a deep breath. The only people who should be scared are those who did transfers to non-spouse accounts

iiiiiiii'm not so sure that's the right takeaway...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on May 04, 2012, 12:44:06 AM
iiiiiiii'm not so sure that's the right takeaway...
Im totally not sure either, but its definitely a good lead
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 04, 2012, 01:16:10 AM
Im totally not sure either, but its definitely a good lead
I've been following this thread all the way through... seems to be a trigger but I'm pretty sure some said they did no such things and were hit with an A/A just the same...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on May 04, 2012, 01:19:54 AM
I'm pretty sure some said they did no such things and were hit with an A/A just the same...
Confirmed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Steven on May 04, 2012, 01:24:28 AM
I've been following this thread all the way through... seems to be a trigger but I'm pretty sure some said they did no such things and were hit with an A/A just the same...
def true, but as help me and a lot of other ppl will tell you, many ppl won't/shouldn't admit on a blog to selling UR points
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 04, 2012, 01:27:12 AM
Confirmed.
?

def true, but as help me and a lot of other ppl will tell you, many ppl won't/shouldn't admit on a blog to selling UR points

Unless zeh beivrit :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 04, 2012, 01:47:49 AM
?

Unless zeh beivrit :)
LOL un men ken redden in an andera shparch oichet....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 04, 2012, 01:49:14 AM
LOL un men ken redden in an andera shparch oichet....
Am yochilim le havin yiddish az zeh lama medabrim be ivrit
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 04, 2012, 01:51:31 AM
Quote
un men ken redden in an andera shparch oichet....

+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: time on May 04, 2012, 02:15:26 AM
many  have said that a high cl to income ratio is a trigger, what abt. cl that you are an  au on, do you think  that goes into the equation if it's on your cr
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 04, 2012, 02:34:57 AM
I'm confused about the whole transferring bit.
If s/o wants to sell points to a broker, that's probably so he can transfer them to one of the programs. Why not just have the broker buy the miles in each account and transfer them into his program of choice, instead of first transferring them all into one account, and then selling them.
This way, there would be no UR to UR transfer which may raise a flag.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 04, 2012, 03:36:45 AM
I'm confused about the whole transferring bit.
If s/o wants to sell points to a broker, that's probably so he can transfer them to one of the programs. Why not just have the broker buy the miles in each account and transfer them into his program of choice, instead of first transferring them all into one account, and then selling them.
This way, there would be no UR to UR transfer which may raise a flag.
Some do transfer to airlines
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 04, 2012, 03:49:03 AM
Some do transfer to airlines
But why not transfer from the different accounts into the airlines? Why do an internal transfer first?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on May 04, 2012, 07:24:40 AM
But why not transfer from the different accounts into the airlines? Why do an internal transfer first?
Most brokers buy upfront, and use them for clients that want secure transcations, to have it transferred into an account of their name, or to fill up half empty accounts they own.
So, they don't know before hand how much they'll need, and who the client will be, so meanwhile they just have them ready in their accounts.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 04, 2012, 11:29:11 AM
Most brokers buy upfront, and use them for clients that want secure transcations, to have it transferred into an account of their name, or to fill up half empty accounts they own.
So, they don't know before hand how much they'll need, and who the client will be, so meanwhile they just have them ready in their accounts.
Or they buy from freedom etc. and they transfer to Sapphire.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 04, 2012, 11:30:02 AM
many  have said that a high cl to income ratio is a trigger, what abt. cl that you are an  au on, do you think  that goes into the equation if it's on your cr
on my wife's card they said because she was an Au to me she got too many CC recently.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 04, 2012, 11:31:11 AM
Brokers try to store points for future need. Sellers want their money ASAP
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 04, 2012, 11:58:13 AM
executive office denied me.  I think its time to sue in small claims court.  Located in NYC.  Where are people filing against.  I remember years ago when cyberrebate went under, many of us sued amex - vhem asu pshara lifnei hadin vnatan li et hakol.  Ani m'kaveh l'zeh od paam.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 04, 2012, 12:19:14 PM
executive office denied me.  I think its time to sue in small claims court.  Located in NYC.  Where are people filing against.  I remember years ago when cyberrebate went under, many of us sued amex - vhem asu pshara lifnei hadin vnatan li et hakol.  Ani m'kaveh l'zeh od paam.
Update us if it gets you anywere
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 04, 2012, 12:53:01 PM
i will.  But i am hoping that we can all share info on this.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on May 04, 2012, 03:00:20 PM
Brokers try to store points for future need. Sellers want their money ASAP
that's true, but with amex which doesn't have the transfer option it works just fine. Ani choshev shemikan ulehaba hakonim tzrichim laasot mah shehem osim im chase kemo shehem osim im amex.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: DNC123 on May 04, 2012, 03:02:16 PM
executive office denied me.  I think its time to sue in small claims court.  Located in NYC.  Where are people filing against.  I remember years ago when cyberrebate went under, many of us sued amex - vhem asu pshara lifnei hadin vnatan li et hakol.  Ani m'kaveh l'zeh od paam.

Hi All, first time poster here but a content reader, I do have some high-up ties in the judicial and law enforcment community (which I'd obviously not elaborate on...)

Here are my 2 cents and take it for what it's worth...

I would say try get it into "The People's Court" (NY)
This is a Televised Court and the cap of $ you can sue for is $5000.

This "might" bring the proper media attention to this matter (being that it's a televised court) and might bring an end to the unethical (to say the least) and illegal (per my legal sources...) behavior.

There are multiple cases where it can be proved that they shut customers which didn't break any rules as per their T&C - Instead they shut them when they decided they are no longer "profitable" to them (3 cases I'm aware of that full account closures occurred right after the customer has paid of her mortgage and the other closed his savings and CD account and 1 right after stopping the direct deposit).

The fact they do not give you any warning and then give you no right of appeal is also extremely unethical and illegal to some extend (although they're gonna argue they have all rights to shut anyone/anytime no excuses needed, they're still obligated to some federal and state banking/financial laws and ethics rules)

The People's Court is quite picky when it comes to accepting cases but I believe this is something they'd like.
Their contact email for guidance on how to get on board is:
feedback@peoplescourt.com

Good Luck to all of us!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 04, 2012, 03:04:43 PM
+1 all the way!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on May 04, 2012, 04:18:12 PM
@DNC123:
Very interesting. 1) if we threaten doing this to the right people (there some executives that people can get a hold of) will that be enough to scare Chase into stopping?
2) Even if people DO agree to go onto this show, where do we find an appropriately versed legal counsel? It would need to be Someone who really understands the issues and the banking industry...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 04, 2012, 04:30:05 PM
+1

I was thinking the same. As with peoples court you either need to represent yourself or get someone that could represent you.

Here its an ethical issue.
Legally by T&C chase might be right. So someone would have to present the case in the ight way...

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 04, 2012, 04:32:58 PM
Going on Peoples Court is like going on Jerry Springer. It is for pure entertainment value only.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 04, 2012, 04:39:47 PM
Going on Peoples Court is like going on Jerry Springer. It is for pure entertainment value only.
But if the party against Chase wins, it will make Chase look bad on public TV for doing these A/A and possibly this will get them to stop. 

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 04, 2012, 04:47:45 PM
But if the party against Chase wins, it will make Chase look bad on public TV for doing these A/A and possibly this will get them to stop.
Only thing Chase will understand is "class action".
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 04, 2012, 04:53:15 PM
Surprised no lawyers have taken that one up yet.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on May 04, 2012, 04:56:35 PM
Maybe it's about time to hire one...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 04, 2012, 05:02:35 PM
Surprised no lawyers have taken that one up yet.
It was considered a bad idea with the AARP card situation but what we are talking about here is totally different. So who wants to be the lead plaintiff and reap the benefits?  :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 04, 2012, 05:09:09 PM
Color me confused.

What law(s) is Chase breaking by refusing to do business with certain people (assuming the basis for such refusal is not based on discrimination)?

In fact, I'm pretty sure the above is explicitly stated in their T&C.

If you owned a lemonade stand, for example, I'm rather certain that you--as the owner--have a right to decline selling lemonade to anyone you choose.

 ???
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 04, 2012, 05:11:58 PM
Color me confused.
I think the approach would be they are closing the accounts because they don’t want to pay out the rewards earned. Would that make a difference?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 04, 2012, 05:13:42 PM
they are taking peoples awards that they have earned and not paying them out
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 04, 2012, 06:20:08 PM
they are taking peoples awards that they have earned and not paying them out
I would assume according to the T&C they could (I didnt read them)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 04, 2012, 06:24:56 PM
T&C can say a lot of stuff.
Doesn't mean it's all enforceable in a court of law.
It's one thing to do like AMEX and say we choose to discontinue our relationship, you now have 30 days to move points out.

But to confiscate points for being a credit risk doesn't seem right.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 04, 2012, 06:27:42 PM
T&C can say a lot of stuff.
Doesn't mean it's all enforceable in a court of law.
It's one thing to do like AMEX and say we choose to discontinue our relationship, you now have 30 days to move points out.

But to confiscate points for being a credit risk doesn't seem right.
+1 you always word things well dan
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 04, 2012, 06:39:19 PM
T&C can say a lot of stuff.
Doesn't mean it's all enforceable in a court of law.
It's one thing to do like AMEX and say we choose to discontinue our relationship, you now have 30 days to move points out.

But to confiscate points for being a credit risk doesn't seem right.
I agree with you,

But in a court or law - They legally could be right

Unless as to the point that DNC123 brought up of Bank ethics what they have to follow, I have no idea...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: abcxyzzz on May 05, 2012, 05:26:57 AM
Surprised no lawyers have taken that one up yet.

Well, what about some contacting CNN to write a story on how they lure/entice you to apply for their cards in the mail/email every other day, you apply, get approved, and rack up the spend on the card, pay off your bills every month, get the bonus points, continue to use the cards as they're advertised to maximize points, and then one day out of the blue you're all of a sudden high-risk, they unexpectedly shut all your accounts down, ruin your credit history and take away all the points you legitimately earned.  Pretty questionable ethics if you ask me.  Especially when they tell you you're high risk when you've never paid a bill late or carried a balance in in your life and you have a credit utilization of under 4%, yet they allow financially irresponsible Americans that have caused our economy to be in the state it's in, to carry numerous Chase cards and consider you 'high risk'?  what a joke.  Maybe a case for discrimination since many of us who are shut down don't earn them interest and late fees...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 05, 2012, 02:36:13 PM
If anyone is interested in doing s/t legal, it doesn't make sense to just discuss it here. Check out other forums (FT, FW, etc) and see what they're planning, and jump on board with them. Relatively speaking, this is a smallish forum, and the more the merrier
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 05, 2012, 10:58:17 PM
It's their game, their rules, even if you don't like it.

Their response, "if you don't like it, don't play our game." How many of you would stop signing up for their cards and lucrative sign-up bonuses? Exactly none.

Yes, their procedure could be a little more transparent, and they could be a bit more forthcoming regarding account closures, but as soon as you've been tagged a "credit risk" or "abusive", the game is over according to the rules by which you agreed to be governed. Sucks, but it be the truth.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on May 05, 2012, 11:04:47 PM
It's their game, their rules, even if you don't like it.

Their response, "if you don't like it, don't play our game." How many of you would stop signing up for their cards and lucrative sign-up bonuses? Exactly none.

Yes, their procedure could be a little more transparent, and they could be a bit more forthcoming regarding account closures, but as soon as you've been tagged a "credit risk" or "abusive", the game is over according to the rules by which you agreed to be governed. Sucks, but it be the truth.


There are multiple cases where it can be proved that they shut customers which didn't break any rules as per their T&C - Instead they shut them when they decided they are no longer "profitable" to them (3 cases I'm aware of that full account closures occurred right after the customer has paid of her mortgage and the other closed his savings and CD account and 1 right after stopping the direct deposit).

The fact they do not give you any warning and then give you no right of appeal is also extremely unethical and illegal to some extend (although they're gonna argue they have all rights to shut anyone/anytime no excuses needed, they're still obligated to some federal and state banking/financial laws and ethics rules)
Good Luck to all of us!
@ AJK
With some people it CAN be proved that they shut dwn the unprofitable customers. As was stated earlier, this may be legal and in-line with their t&c's, but the negative media attention will surely make them think twice about these tactics. And I think thats what people are trying to accomplish.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 05, 2012, 11:06:22 PM
It's their game, their rules, even if you don't like it.

Their response, "if you don't like it, don't play our game." How many of you would stop signing up for their cards and lucrative sign-up bonuses? Exactly none.

Yes, their procedure could be a little more transparent, and they could be a bit more forthcoming regarding account closures, but as soon as you've been tagged a "credit risk" or "abusive", the game is over according to the rules by which you agreed to be governed. Sucks, but it be the truth.
Is someone really with a lot a Credit a Credit Risk to be completely shut down? Why wouldnt cutting CL's be enough?

Dont you find it as an excuse to get 86'd
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on May 05, 2012, 11:13:22 PM
@ AJK
With some people it CAN be proved that they shut dwn the unprofitable customers. As was stated earlier, this may be legal and in-line with their t&c's, but the negative media attention will surely make them think twice about these tactics. And I think thats what people are trying to accomplish.
If I were running a company in would also not want to have customers that aren't profitable
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 06, 2012, 01:19:55 AM
@ AJK
With some people it CAN be proved that they shut dwn the unprofitable customers.

And...? <insert lemonade stand example>

Is someone really with a lot a Credit a Credit Risk to be completely shut down? Why wouldnt cutting CL's be enough?

Dont you find it as an excuse to get 86'd


Perhaps that's the way you would deal with it if Chase was your bank. But, this being "their" bank, they've chosen to go another route. Would it be "nicer" for them to give you 30 days to deal with any already accrued points a la AmEx? Of course, but, again, they are not officially required to do that according to the T&Cs.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 06, 2012, 07:31:44 PM
Does Chase have any idea what is going on? From FWF:

My AARP account was reported closed a month or so ago. Just to see where I stood, I applied for another Chase card (Amazon).

I got the message regarding need to do further review, which was expected. A couple days later a Chase rep called me and asked if I'd like to move my available credit from my (closed by Chase) AARP card over to the new Amazon card. I said sure. She said it all went through just fine and I'd be receiving my new card in a couple weeks.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Asher on May 06, 2012, 09:04:43 PM
Shalom,
I never intended to post and don't plan on posting much... I just couldn't resist throwing in what I read and what I know..

@DNC123, cheers and kudos for a well put post! On behalf of all worried DDF'rs (who do not abuse the system and do not violate any rules set by Chase's so called Terms&Conditions) I'd encourage you to utilize your ties and help us put a stop to this.

I recently read an article (can't recall where) about the famous Brooklyn Judge Noach Dear which has recently - in a legal ground breaking decision - dismissed a case (about debt being owed) from Amex Costo card vs. a card holder for the following 2 reasons:
1. Robo Testimony on behalf of Amex (the Amex legal team weren't exactly familiar with this particular case
2. Amex failed to prove that the customer/cardmember acknowledged the receipt and understanding of the fine print/T&C

Just a little biography;
Justice Noach Dear (Shomer Shabbas) who was recently appointed as "acting supreme court judge" in Brooklyn is well known to stand up for the consumers right in cases like foreclosure, collection agencies and credit card companies.
Basically taking on large corporations for their so called terms and conditions.

If you do a Google search on "Noach Dear" you'll find him being quite famous for his fair rulings and settlements.
(see below many links on specific stories an general info)

Financial institutions (including the big-shot and scary JPMorgan Chase) know that when such a case arrives in Justice Dear's courtroom the odds of them winning the case are pretty slim...

Reason of bringing this up: Justice Dear is not a big fan of T&C... He'd rather call it misleading fine print...

@AJK, assuming such a A/A case would arrive in Justice Dear's courtroom, I'd expect (after studying his take and legal mind path) a decision similar to this:
They (chase) clearly have the right not to do business with you if they choose so to begin with... However, Once they accepted you, they do fall under a whole host of Ethical and Legal banking rules (unlike the snack seller in times square...)

They CANNOT steal YOUR (legally) EARNED points, they have NO RIGHT to ruin YOUR credit report and scores + as mentioned, they do have some ethics obligations that a standard retail company isn't obligated to comply with...

Now to the point, If one of the A/A'd members could manage to get her/his case into Judge Dear's courtroom, we could get some long awaited results...

Related links:

http://www.villagevoice.com/2009-06-10/news/hounded-by-debt-sharks-brooklynites-turn-to-an-unlikely-rescuer/

http://matzav.com/noach-dear-appointed-to-new-york-state-supreme-court

http://www.responsiblelending.org/tools-resources/headlines/Robo-Credit-Card-Suits-Menace-Banks.html

http://www.americanbanker.com/issues/177_20/robosigning-credit-card-suits-1046175-1.html?zkPrintable=true

http://www.americanbanker.com/issues/177_7/jpmorgan-chase-consumer-debt-collection-1045606-1.html?zkPrintable=1&nopagination=1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 06, 2012, 09:08:46 PM
Shalom,
I never intended to post and don't plan on posting much...
I hope you change your mind.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Asher on May 06, 2012, 09:19:41 PM
I hope you change your mind.

Lol.. is my post that good?? :-*

Here you go... 2nd post = changed my mind :P

actually, after (re)thinking, i might wanna change my mind and start posting
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 06, 2012, 09:22:50 PM
Lol.. is my post that good?? :-*

Here you go... 2nd post = changed my mind :P

actually, after (re)thinking, i might wanna change my mind and start posting
Welcome!!

Nice post!!

Keep it up :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 06, 2012, 09:52:31 PM
TOT -
Does anyone know the effect to your credit rating if Chase closes the accounts?
Someone who is nervous about getting shut is it worth for him to preempt Chase and close the account himself?
Someone who got closed and waits 60 days would he be able to open another Chase cc and not abuse it?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 06, 2012, 10:38:30 PM
My friend had 3 cards closed, and took a significant hit on his credit score. Of course the exact numbers go by # of cards, utilization, average age etc. so the hit will differ substantially by person.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on May 06, 2012, 10:55:40 PM
the fact that is says on the report closed by issuer instead of the person is also not good IMHO though I doubt it affects the numerical score.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mordy44 on May 06, 2012, 10:59:48 PM
Quote
the fact that is says on the report closed by issuer instead of the person is also not good IMHO though I doubt it affects the numerical score

Not sure if that's true. Like I said in my previous post: My friend took a significant hit to his credit score.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 06, 2012, 11:08:01 PM
the fact that is says on the report closed by issuer instead of the person is also not good IMHO though I doubt it affects the numerical score.
yea but losing cards raises ur utilization % which will lower ur score
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on May 07, 2012, 12:18:02 AM
Not sure if that's true. Like I said in my previous post: My friend took a significant hit to his credit score.
reread my post beofre you argue.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 12:44:38 AM
They CANNOT steal YOUR (legally) EARNED points, they have NO RIGHT to ruin YOUR credit report and scores + as mentioned, they do have some ethics obligations that a standard retail company isn't obligated to comply with...

Not to be rude, but that is just a bunch of conclusory allegations. You write "steal" which assumes your conclusion; you write "legally earned" which is nearly irrelevant to the question of T&C violations as I've mentioned before (even setting aside for the moment whether or not you contractually "earned" them); and you write "they have ethics obligations" that other businesses apparently don't have which, to be honest, leaves me scratching my head...

Do you have any evidence to support any of what you wrote?

Oh, and welcome!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 07, 2012, 01:30:37 AM

Oh, and welcome!

Trial by fire :)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jerseysteve on May 07, 2012, 07:25:24 AM
There is no doubt that closing several cards impacts your credit score. However Dan has pointed out in the past that he has cancelled many cards over the years and has only taken a slight hit and not for that long.
The question I was asking is - Is the fact that it states on your report closed by issuer is that a bigger red flag then if you just closed all those accounts yourself (which would obviously also effect your credit score)? Is it such a red flag that you should try to preempt Chase and close them yourself?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on May 07, 2012, 09:17:08 AM
although it may be a red flag I would think it is a bit impulsive to just close down all your chase cards due to this risk. If you are that worried about being closed transfer out all your points though.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: smurf on May 07, 2012, 09:29:01 AM
I was just wondering, besides for the points issue there's  the effect of all those account closures with "closed by issuer" on them. Basically Chase has now labeled you unworthy of credit and all other lenders can now see it. So if someone can prove that his credit was good prior to the a/a is there any sort of libel issue involved?

At the very least shouldn't chase give it's customers an ultimatum like amex?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 07, 2012, 09:40:36 AM
class actions are good for one class of people - lawyers. 

If you want to recover the value for your points either sue in small claims or in civil court if you had a lot of points.


Has anyone read on any of the other forums if people have filed against them in small claims yet.

Years ago with CyberRebate, many people sued amex (even though technically they werent responsible) and amex settled in full out of court.    I am hoping if enough people start suing chase, they will settle or risk tremendous negative press.

That is the key, chase is known for being SOBs, but if enough people come forward and sue then they will settle so that they dont get the negative press.  Once things hit the courts, that is it and it looks really bad for them.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 09:44:50 AM
I was just wondering, besides for the points issue there's  the effect of all those account closures with "closed by issuer" on them. Basically Chase has now labeled you unworthy of credit and all other lenders can now see it. So if someone can prove that his credit was good prior to the a/a is there any sort of libel issue involved?

No sarcasm: what's the libel? (Keep in mind truth is an absolute defense.)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 07, 2012, 10:10:45 AM
@AJK from all your responses it sound to me like you don't think anyone has a chance fighting chase...

If you were shut down and lost a lot of points what would you do?

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 10:37:06 AM
@AJK from all your responses it sound to me like you don't think anyone has a chance fighting chase...

Well, that depends on what you hope to accomplish by "fighting Chase." But, yes, I don't believe people have a leg to stand on contractually (although I'd very much like to be proved wrong).

To be frank, though, I don't mean to give that impression, but IMHO it is better to think about things logically, instead of emotionally, to the extent you can. Running around yelling that Chase has "stolen" your points, and "illegally" ruined your credit is 1) not productive and 2) it's likely inaccurate.

If people feel like suing, by all means, sue -- be it in Supreme Court, small claims court, or even in the court of public opinion. I wish them only success. But they should do so armed with actual facts, not with the facts as they think they should be.

If you were shut down and lost a lot of points what would you do?

Ch'v.

But, fight like hell :P
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 07, 2012, 10:49:25 AM
I think the onl real question is whether chase can confiscate someones points who didnt violate their T&C's. I understand according to their T&C's it is allowed but a court might not hold that chase can do that even though their T&C's say that they can.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 10:53:43 AM
You're saying that the individual didn't violate their T&Cs. You don't think Chase can make a pretty compelling argument, be it based on credit risk or abusiveness, that the individual did violate the T&Cs?

Yes, that's what a court can decide, but if there is even a hint of non-Mother Theresa-like conduct, Chase has got you by the beitzim. Of course, if the individual did absolutely nothing wrong, is completely fault-less, then he or she should absolutely fight tooth and nail to be reinstated. (But, be honest with yourself: how many people can be described like that?)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 07, 2012, 10:57:57 AM
You're saying that the individual didn't violate their T&Cs. You don't think Chase can make a pretty compelling argument, be it based on credit risk or abusiveness, that the individual did violate the T&Cs?

Yes, that's what a court can decide, but if there is even a hint of non-Mother Theresa-like conduct, Chase has got you by the beitzim. Of course, if the individual did absolutely nothing wrong, is completely fault-less, then he or she should absolutely fight tooth and nail to be reinstated. (But, be honest with yourself: how many people can be described like that?)
Those that were told they were shut due to credit risk what have they done wrong. Yes they may have applied for a lot of cards but then chase shouldn't have approved them in the first place.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 11:01:15 AM
What have they done wrong? They've become a credit risk.

As far as Chase approving them, that's only one subset of cases, and it's a set of cases which seems to have the most compelling argument, IMHO.

However, Chase also shuts down people who have applied and/or been approved for cards from other banks. That's an uphill battle.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 07, 2012, 11:03:22 AM
What have they done wrong? They've become a credit risk.

As far as Chase approving them, that's only one subset of cases, and a set of cases which seems to have the most compelling argument.

However, Chase also shuts down people who have applied and/or been approved for cards from other banks. That's an uphill battle.
its not against the T&C to become a credit risk. Chase has the right to shut you down thats not what im arguing about what I am saying is what gives them the right to confiscate your points which you earned in accordance with their T&C's. I understand them confiscating points of those that got shut down for "unintended use" or whatever they called it. but for those shut down for credit risk why does chase have the right to confiscate the points
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 11:14:10 AM
its not against the T&C to become a credit risk.

Really? You sure?

what I am saying is what gives them the right to confiscate your points which you earned in accordance with their T&C's.

The T&Cs... I feel like we're talking in circles.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 07, 2012, 11:15:09 AM
Really? You sure?

The T&Cs... I feel like we're talking in circles.
all right i give up hopefully someone will take them to small claims and we will see what happens
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 11:15:44 AM
hopefully someone will take them to small claims and we will see what happens

+1
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 07, 2012, 11:28:51 AM
Can anyone explain why Chase gives a reason as “not used as intended” but refuses to say what you actually did? Even though the T&C’s say they can close your account for any reason we all know that does not make it legal.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Mocha on May 07, 2012, 11:32:42 AM
This thread has become a mess with so many useless posts.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 11:42:35 AM
Can anyone explain why Chase gives a reason as “not used as intended” but refuses to say what you actually did? Even though the T&C’s say they can close your account for any reason we all know that does not make it legal.

Why should they disclose it? I can only imagine that deliberate ambiguity serves that department's purposes far better than utter transparency.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 07, 2012, 11:56:46 AM
Why should they disclose it? I can only imagine that deliberate ambiguity serves that department's purposes far better than utter transparency.
…especially if it is an indefensible position.

We all know T&C’s get shot down in court all the time. We can go on forever if they have can legally confiscate rewards earned and credited to your account. Until it is challenged in court we will never know.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aj26 on May 07, 2012, 12:51:39 PM
T&C can say a lot of stuff.
Doesn't mean it's all enforceable in a court of law.
It's one thing to do like AMEX and say we choose to discontinue our relationship, you now have 30 days to move points out.

But to confiscate points for being a credit risk doesn't seem right.

Does amex really do that? I have been trying to contact them to get my reward dollars out to no avail
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 07, 2012, 07:11:18 PM
The chutzpah gets worse.  I just got my statement for my chase continental card and they pulled 25000 points from my chase account.  They are really mamzerim.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: myb821 on May 07, 2012, 07:12:17 PM
The chutzpah gets worse.  I just got my statement for my chase continental card and they pulled 25000 points from my chase account.  They are really mamzerim.
why did they pull the points
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 07, 2012, 07:17:40 PM
The chutzpah gets worse.  I just got my statement for my chase continental card and they pulled 25000 points from my chase account.  They are really mamzerim.

You mean from your Continental (United) mileage account?

why did they pull the points

+1 It is highly unusual for signup points to get clawed back, unless they were posted in error (e.g. you got the signup bonus twice).
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on May 07, 2012, 07:27:52 PM
why did they pull the points
I know what he means.
He probably had 25K that was supposed to post at the end of the satement, and so they did not trnasfer them into the account.
In my situation it was 20K UA, where they read: "points unavailable to tansfer    20,000"
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 07, 2012, 07:39:12 PM
I know what he means.
He probably had 25K that was supposed to post at the end of the satement, and so they did not trnasfer them into the account.
In my situation it was 20K UA, where they read: "points unavailable to tansfer    20,000"

So anyone who is A/A'd won't have their pending points transferred? Or points actually clawed back from partner? (those are two very different things)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on May 07, 2012, 08:05:19 PM
So anyone who is A/A'd won't have their pending points transferred? Or points actually clawed back from partner? (those are two very different things)
In my situation 30K was in my wifes account from sign up bonus, 20K was pending from a match request. 30K stayed there in my account. 20K didn't transfer, although it was pending.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 07, 2012, 08:10:38 PM
In my situation 30K was in my wifes account from sign up bonus, 20K was pending from a match request. 30K stayed there in my account. 20K didn't transfer, although it was pending.

You're talking about CO/UA account?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 07, 2012, 08:18:49 PM
The chutzpah gets worse.  I just got my statement for my chase continental card and they pulled 25000 points from my chase account.  They are really mamzerim.
Its possible that the points didn't post because it would be the same thing as cancelling a card. For example if i would cancel my ua card before statement closes, bonus points may not be transferred.But they are still...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 07, 2012, 08:26:13 PM
It was from my UA account.  tHey actually clawed them back.  They had been posted the prior month and they said that since my account had to remain in good standing that they could claw them back.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 07, 2012, 08:30:20 PM
It was from my UA account.  tHey actually clawed them back.  They had been posted the prior month and they said that since my account had to remain in good standing that they could claw them back.

Chutzpah indeed. Do they T&Cs state your account has to be in good standing? Can we please get a quote?

@SideIncomer, do you still think your situation was the same as Shidduch?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 07, 2012, 08:46:09 PM
To be honest I have not pulled out t&cs.  But I can confirm their mamzerus status  :o
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 07, 2012, 08:47:29 PM
To be honest I have not pulled out t&cs.  But I can confirm their mamzerus status  :o

For legal purposes, it would be good to know.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 07, 2012, 08:50:34 PM
It was from my UA account.  tHey actually clawed them back.  They had been posted the prior month and they said that since my account had to remain in good standing that they could claw them back.
I feel your pain ... A bunch of Mamzeirim!
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 07, 2012, 08:56:18 PM
It was from my UA account.  tHey actually clawed them back.  They had been posted the prior month and they said that since my account had to remain in good standing that they could claw them back.

Wow, first actual instance of bonus clawback I've actually read.

Sorry for your loss, man.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: shidduch on May 07, 2012, 09:50:25 PM
My loss should be a kapara - But thank you for your good wishes.  But dont worry I will make sure all my losses are Chase's pain in some way or another. 

Everyone should start checking their statements once they come in.  I bet I am not the only one.

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 07, 2012, 09:56:20 PM
They should be AAed
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Name Changed on May 07, 2012, 09:58:16 PM
They should be AAed
Who?

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 07, 2012, 10:19:37 PM
Who?


I believe he is referring to chase
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 08, 2012, 01:18:01 AM
Wow, first actual instance of bonus clawback I've actually read.
Here is something that happened with the AARP card. Cash back was redeemed as a statement credit. About two weeks later they closed the account for "not used as intended". About a week after that they clawed back the rewards.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on May 08, 2012, 01:28:17 AM
@SideIncomer, do you still think your situation was the same as Shidduch?
My original miles that posted a month before stayed there, the 20K pending did not go into account.
And they had reason to take them back, since it was my wifes second UA card.
And you're right, it's time to use them before they claw them back.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 08, 2012, 01:34:12 AM
Here is something that happened with the AARP card. Cash back was redeemed as a statement credit. About two weeks later they closed the account for "not used as intended". About a week after that they clawed back the rewards.

That's why many ppl would request the bonus check instead.
I wonder what would happen if the UA miles were used b/f Chase tried clawing them back. Would Chase send you a bill, and would you be obligated to pay?

And can't a complaint be made with UA that once the miles are deposited in your UA account, that they are owned by you, and you don't give permission for third parties to remove anything from your account?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 08, 2012, 01:41:27 AM
That's why many ppl would request the bonus check instead.
Then you risk the chance of a stop payment but I don't think that happened to anyone.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 08, 2012, 09:38:00 AM
Here is something that happened with the AARP card. Cash back was redeemed as a statement credit. About two weeks later they closed the account for "not used as intended". About a week after that they clawed back the rewards.

That's slightly different IMO, as I find the cash back redemption more akin to spend points and not bonus points as they are accrued (and redeemed) monthly.

That's why many ppl would request the bonus check instead.

Not sure why you think that would help. They could just bill you for the awards on your next statement.

And can't a complaint be made with UA that once the miles are deposited in your UA account, that they are owned by you, and you don't give permission for third parties to remove anything from your account?

You can make that complaint, but you won't win. The miles aren't owned by you. Ever. They're property of the mileage program.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on May 08, 2012, 11:04:31 PM


The miles aren't owned by you. Ever. They're property of the mileage program.

What are you basing this on?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 08, 2012, 11:05:32 PM
Oh, the T&Cs of pretty much every frequent flyer program.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Avid Reader on May 08, 2012, 11:07:54 PM
Aside from the TC, has a case ever come to court involving miles, where the court ruled that the miles are property of the program?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 08, 2012, 11:09:25 PM
Couldn't tell you. Never researched it.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mclovin on May 09, 2012, 07:05:33 PM
if one were to make a new new ua account and then merge them, but keep the new number, would chase be able to take them back
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 09, 2012, 07:16:30 PM
Yes.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: mclovin on May 09, 2012, 07:26:27 PM
Yes.
why/how
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 09, 2012, 08:15:35 PM
why/how
leave it up to them
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on May 09, 2012, 08:29:11 PM
why/how
the same way your record from the first account goes to the second like statues etc, they would also be able to trace it
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 09, 2012, 08:58:52 PM
how come the AA's in the polls go up but no one is commenting
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 09, 2012, 09:17:12 PM
how come the AA's in the polls go up but no one is commenting

People don't want to post info like that in a public forum, especially if they're hoping to get their account reopened and/or get something for their points...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Saver2000 on May 09, 2012, 09:30:16 PM
Yes.

So whenever you churn a cc using a new ff number,  you don't merge the new account with you're old one even after the miles post?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 09, 2012, 09:34:17 PM
So whenever you churn a cc using a new ff number,  you don't merge the new account with you're old one even after the miles post?
I did not say that.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: michael on May 09, 2012, 09:37:49 PM
So whenever you churn a cc using a new ff number,  you don't merge the new account with you're old one even after the miles post?

Is it possible to simply contact the airline and cancel the FF number, so that it's really a new account?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Saver2000 on May 09, 2012, 09:39:24 PM
I did not say that.

Sorry. Just reread.

You're saying that its possible that chase will yank back the signup bonus if/when somebody merges?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Dan on May 09, 2012, 09:41:29 PM
Sorry. Just reread.

You're saying that its possible that chase will yank back the signup bonus if/when somebody merges?
They can do whatever they want, they just don't in that scenario.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 09, 2012, 11:08:44 PM
People don't want to post info like that in a public forum, especially if they're hoping to get their account reopened and/or get something for their points...
How can chase know who they are ?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on May 10, 2012, 12:18:57 AM
How can chase know who they are ?
+1 , unless they are paranoid maybe? In their sitch who can blame them
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 10, 2012, 12:52:40 AM
How can chase know who they are ?

I can't think of any way they can... not like they are posting exact figures of numbers taken away or anything like that...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 10, 2012, 01:22:35 AM
How can chase know who they are ?

DDF handle, details posted, their other posts, etc.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 10, 2012, 02:27:54 AM
Just saw some reports in FW in the AARP thread that a few ppl have received letters apologizing for having their accounts closed in error.
It would be interesting to see if it's just AARP ppl receiving them, or all types.

Regardless, maybe there's a light at the end of the tunnel.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 10, 2012, 02:30:22 AM
Just saw some reports in FW in the AARP thread that a few ppl have received letters apologizing for having their accounts closed in error.
It would be interesting to see if it's just AARP ppl receiving them, or all types.

Regardless, maybe there's a light at the end of the tunnel.
…just make sure that light is not an oncoming train.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 10, 2012, 03:28:06 AM
…just make sure that light is not an oncoming train.
If it's an Amtrak train, it'll be late.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on May 10, 2012, 03:17:15 PM
today i see they closed my wife's and my personal and biz accounts but my ink bold don't say online closed
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on May 10, 2012, 03:48:06 PM
today i see they closed my wife's and my personal and biz accounts but my ink bold don't say online closed
I feel bad for you, this is getting scary.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 10, 2012, 03:55:41 PM
today i see they closed my wife's and my personal and biz accounts but my ink bold don't say online closed
It actually says that they're closed, or that you don't have access to them?
Also, are you willing to give us any data points?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on May 10, 2012, 04:58:13 PM
It actually says that they're closed, or that you don't have access to them?
Also, are you willing to give us any data points?
last apps was in nov. no  UR transfer in the last few months
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 10, 2012, 05:05:57 PM
last apps was in nov. no  UR transfer in the last few months
credit line/income ratio?
You did do ur transfers in the past, not to spouse?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 10, 2012, 05:06:23 PM
last apps was in nov. no  UR transfer in the last few months
I know everyone is getting tired of this question but I have to ask. Did you have an AARP card?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 10, 2012, 05:11:04 PM
I know everyone is getting tired of this question but I have to ask. Did you have an AARP card?
apparantly not as he would've been closed down a while ago
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on May 10, 2012, 05:13:34 PM
I know everyone is getting tired of this question but I have to ask. Did you have an AARP card?
no
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 10, 2012, 05:14:51 PM
apparantly not as he would've been closed down a while ago
Some are still being closed.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on May 10, 2012, 05:15:24 PM
credit line/income ratio?
You did do ur transfers in the past, not to spouse?
CL 18k personal 18k biz income 60k
UR to my account from other accounts  was a long time ago
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 10, 2012, 05:18:50 PM
@miles - How about cash equivalents? Funding bank accounts, AP, Venmo, SQ, Amex GC’s and the like.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Side incomer on May 10, 2012, 05:20:44 PM
CL 18k personal 18k biz income 60k
UR to my account from other accounts  was a long time ago
How many active cards and how many closed within last 2 months?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on May 10, 2012, 05:28:36 PM
How many active cards and how many closed within last 2 months?
my last app was in nov.
open cards
amex 3
citi 2
bofa 2
dis 1
chase 3
my report shows 23 good accounts but that's includes a lot of closed accounts
they told me i have 237k in CL but i only have about 116k
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: miles on May 10, 2012, 05:55:41 PM
any advice hoe to get it reopened
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 10, 2012, 07:08:49 PM
it seems like having too much total credit is the red flag
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on May 10, 2012, 08:45:02 PM
it seems like having too much total credit is the red flag
Or too little stated income  ;)
BTW, the following happened to me with BofA, and Citi. I was on the phone with rep for whatever reason when, out of the blue, the rep asked me if I would like to update my info with them, such as yearly income. I believe it was a choice and not mandatory.
I remember that with BofA, my CL ended up getting reduced based on that "new information". Needless to say, when it happened with Citi I choose not to update it..
Also every bank asks for income info when someone asks for a CL increase.

I suggest that people can call Chase and tell them they want to update their info on file, or ask for a CL increase, obviously a small one like an extra $1,000, and "update their info" by stating a higher yearly income.
That could take care of the credit to income ratio issue.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 10, 2012, 10:31:17 PM
Would cancelling cards also work or asking them to reduce your credit line
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on May 10, 2012, 10:52:03 PM
Would cancelling cards also work or asking them to reduce your credit line
It's been suggested earlier in this thread.
Not the best move for your credit score though.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on May 10, 2012, 11:07:34 PM
what are ddfers doing? are you shutting down some chase cards to lower you CL from chase. (Alot of DDFers have so much credit, it won't change their utilization levl too much to cut some of their Chase CL). I have this paranoia that closing a card might somehow increase my chances of getting AA'd.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 10, 2012, 11:10:15 PM
It's been suggested earlier in this thread.
Not the best move for your credit score though.
I think Dan has shown that canceling cards has an impact of your cs, but that it's minor. Is this correct?
Also, it would seem that since Chase doesn't do a/t resembling an FR where they request income verification, that s/o could misstate their income and never be caught...
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 10, 2012, 11:28:43 PM
They dont verify income but they shut down
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on May 10, 2012, 11:56:17 PM
what are ddfers doing? are you shutting down some chase cards to lower you CL from chase. (Alot of DDFers have so much credit, it won't change their utilization levl too much to cut some of their Chase CL). I have this paranoia that closing a card might somehow increase my chances of getting AA'd.
The issue is with the overall CL, not just the Chase CL.
I think Dan has shown that canceling cards has an impact of your cs, but that it's minor. Is this correct?
Granted. Especially for people who pay in full every month. Nevertheless if updating the CL works, it is an even better, non-invasive, move.
Also, it would seem that since Chase doesn't do a/t resembling an FR where they request income verification, that s/o could misstate their income and never be caught...
I explained how banks update your income info on post #1353, it isn't necessarily done by checking with the IRS.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: yitzf on May 10, 2012, 11:58:45 PM
They dont verify income but they shut down
I think his point was that if they shut down because of high CL vs. Income then you might be able to avoid getting shut by simply adjusting your income higher. (as opposed to Amex where they verify your income)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamdan on May 11, 2012, 12:03:26 AM
It seems like it's good to have a lower income for amex (closer to your tax return, in case of FR) and a higher income by Chase. Is the income you report to cc companies anywhere on your credit report, which wil show the contradiction?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 11, 2012, 12:22:52 AM
I think his point was that if they shut down because of high CL vs. Income then you might be able to avoid getting shut by simply adjusting your income higher. (as opposed to Amex where they verify your income)
+1

It seems like it's good to have a lower income for amex (closer to your tax return, in case of FR) and a higher income by Chase. Is the income you report to cc companies anywhere on your credit report, which wil show the contradiction?
All things being equal, its best to list income as what it is so that the app is as truthful as possible. But on a theoretical plane, you are correct.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: txtmax4 on May 11, 2012, 01:21:18 AM
The best and easiest thing that could be done about this for starters is remove oneself from any account that one is an AU by.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: aryeh1 on May 11, 2012, 01:23:37 AM
I think his point was that if they shut down because of high CL vs. Income then you might be able to avoid getting shut by simply adjusting your income higher. (as opposed to Amex where they verify your income)
I was just saying how ironic it is, that they are easy going with not verifying income , compared to amex. But A/A randomly
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AsherO on May 11, 2012, 04:29:00 AM
I was just saying how ironic it is, that they are easy going with not verifying income , compared to amex. But A/A randomly

That's not the only ironic (moronic, actually) thing about A/As:

They don't let you make a case for yourself, or show other assets.
They don't slash credit lines (much, they did this a lot back in '08).
They don't take the time to explain to anyone what exactly their case is, they just send a letter and even the executive dept. won't discuss it with many people, they say it all has to be in writing.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on May 11, 2012, 02:40:26 PM
Is this A/A happening in the non flyer communities to people who use credit cards to just make purchases etc?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on May 11, 2012, 02:57:38 PM
So let me get this straight:
Having too much credit and making UR transfers seem to be triggers for A/A
3BM's and churning are (according to what I have read in this thread) not triggers. Right?
(IE, many people who have been A/A'd have not been churning or doing 3 BM's)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 11, 2012, 03:08:25 PM
When will people stop with all the blanket rules?

3BM's and churning are (according to what I have read in this thread) not triggers. Right?

Wrong.

I know at least 3 people who were shut down as a result of too many new accounts/inquiries.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on May 11, 2012, 04:56:14 PM
When will people stop with all the blanket rules?

Wrong.

I know at least 3 people who were shut down as a result of too many new accounts/inquiries.
Gotcha
But 3BM's are not a direct trigger, right?
Not trying to make blanket rules, just trying to find out how safe it would be to do my next 3BM (in a month or so)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: AJK on May 11, 2012, 05:01:30 PM
Gotcha
But 3BM's are not a direct trigger, right?
Not trying to make blanket rules, just trying to find out how safe it would be to do my next 3BM (in a month or so)

Direct trigger? As opposed to an indirect one?

Dan is of the opinion that it isn't, and he very well may be right.

Though to state the obvious: 3BM is signing up for three cards simultaneously. If one is approved for all three, his or her new accounts (and possibly new inquiries) increase commensurately. You do the math.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Ergel on May 11, 2012, 05:02:52 PM
Exactly, indirect.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Walk On the Ocean on May 11, 2012, 05:04:32 PM
Exactly, indirect.
Gotcha, thanks guys
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on May 12, 2012, 03:40:46 PM
maybe this is why they are needed to close me down! ;D
http://money.cnn.com/2012/05/10/news/companies/jp-morgan-losses/index.htm?hpt=hp_t2
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Drago on May 12, 2012, 04:28:23 PM
When will people stop with all the blanket rules?

Wrong.

I know at least 3 people who were shut down as a result of too many new accounts/inquiries.
How do they know? That's what the letter to them said? It wasn't the "not used as intended' stuff?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: presidentialplus on May 12, 2012, 04:34:36 PM
How do they know? That's what the letter to them said? It wasn't the "not used as intended' stuff?

If you call them they will tell you.

Does anybody know of any strategy that would help to get reopened in such a case?

Would being added as an AU on somebody else’s old account help for the limited credit history problem?
 -and would it make sense to do so even though it would increase the total CL??
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamppost on May 13, 2012, 06:28:58 AM
I do not yet know why as their lending office is closed today. But is this something I should be worried about? Will it kill my credit? Will I lose my 110,000 UR points that are in my sapphire card profile? How worried should i be about this? Any input would be greatly appreciated!!

Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: sawlw on May 13, 2012, 06:47:47 AM
Sorry to hear but you have company....refer to this thread
http://forums.dansdeals.com/index.php?topic=11216.0 (http://forums.dansdeals.com/index.php?topic=11216.0)
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: satturn on May 13, 2012, 07:34:17 AM
I do not yet know why as their lending office is closed today. But is this something I should be worried about? Will it kill my credit? Will I lose my 110,000 UR points that are in my sapphire card profile? How worried should i be about this? Any input would be greatly appreciated!!
or its the normal sunday morning maintenance!.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: creditor on May 13, 2012, 07:54:04 AM
or its the normal sunday morning maintenance!.
+100
my heart missed a beat several times as a result of that joke
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Lamppost on May 13, 2012, 08:22:38 AM
Does a forced shutdown like this destroy your credit?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 13, 2012, 08:37:02 AM
Does a forced shutdown like this destroy your credit?
No
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Jkhein on May 13, 2012, 09:36:49 AM
No
Why not? A few credit cards with shut down by vendor, doesnt ruin credit?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: Fan of Dan on May 13, 2012, 09:41:51 AM
Why not? A few credit cards with shut down by vendor, doesnt ruin credit?
+1 not sure if ruin is the word, I would figure damage.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: joeb1 on May 13, 2012, 09:44:07 AM
its not like a delinquency
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: youthink on May 13, 2012, 10:40:29 AM
its not like a delinquency
Why not? A few credit cards with shut down by vendor, doesnt ruin credit?

I was instantly approved by Amex about 7 months after being AAd by Chase.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: HelpMe on May 13, 2012, 12:12:04 PM
Why not? A few credit cards with shut down by vendor, doesnt ruin credit?
IME,no. Not only did it not ruin my credit it has had no effect so far. Someone with a thin credit file it would have an effect on.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: askmoses on May 13, 2012, 12:30:02 PM
Is there a way to call in and tell up your reported income?? I've seen it discussed but haven't seen the conclusion for chase....
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: presidentialplus on May 13, 2012, 01:41:21 PM
So let me get this straight:
Having too much credit and making UR transfers seem to be triggers for A/A
3BM's and churning are (according to what I have read in this thread) not triggers. Right?
(IE, many people who have been A/A'd have not been churning or doing 3 BM's)

Would combining ur points be a trigger or just a transfer?
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: oldguy on May 13, 2012, 01:42:54 PM
Would combining ur points be a trigger or just a transfer?
combining as in between your own accounts then no.
Title: Re: Chase A/A Master Thread (Now With Poll)
Post by: presidentialplus on May 13, 2012, 01:45:05 PM
combining as in between your own accounts then no.
well thats what I did and got closed down!

And could somebody please answer my question!
Would being added as an AU on somebody else’s old