Author Topic: CHASE closed ALL accounts!!!!!!!  (Read 112990 times)

Offline mutchkie1

  • Dansdeals Bronze Elite
  • *
  • Join Date: Feb 2015
  • Posts: 29
  • Total likes: 1
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Monsey, NY
Re: CHASE closed ALL accounts!!!!!!!
« Reply #160 on: July 30, 2019, 12:26:36 AM »
My accounts were closed even though Chase owed me money on every account, from $100 to $8,000!

Offline grodnoking

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2014
  • Posts: 5847
  • Total likes: 767
  • DansDeals.com Hat Tips 17
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #161 on: July 30, 2019, 12:32:11 AM »
My accounts were closed even though Chase owed me money on every account, from $100 to $8,000!
They owed YOU money?! Now we know what the issue was.
I'm not who you think I am.

Offline iluv2travel

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jul 2019
  • Posts: 1148
  • Total likes: 290
  • DansDeals.com Hat Tips 0
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #162 on: July 30, 2019, 02:08:09 AM »
Didn't make sense to me either but I heard this from a very high ranking banker which has been in Chase for years and has seen it all. He has a lot of experience in this area including appealing and reinstating accounts. He went through my whole account and didn’t find anything else wrong.

I've been paying personal cards from a non Chase business account for years so I would have to say I'm skeptical too. As mentioned up thread my accountant treats it as a draw and it doesn't go in as a business expense. I discussed it at length with him prior to actually doing this.

So I think you need to dig for another reason.

Offline Ekay

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Oct 2018
  • Posts: 457
  • Total likes: 8
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: NYC
Re: CHASE closed ALL accounts!!!!!!!
« Reply #163 on: July 30, 2019, 10:49:04 AM »
I've been paying personal cards from a non Chase business account for years so I would have to say I'm skeptical too. As mentioned up thread my accountant treats it as a draw and it doesn't go in as a business expense. I discussed it at length with him prior to actually doing this.

So I think you need to dig for another reason.
I was using a chase business acct to pay a Chase personal card. They call it commingling funds.....

Offline CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: CHASE closed ALL accounts!!!!!!!
« Reply #164 on: July 30, 2019, 11:08:38 AM »
I was using a chase business acct to pay a Chase personal card. They call it commingling funds.....
I wonder what they call paying a CC with cash, money laundering?  :)
Only on DDF does 24/6 mean 24/5/half/half

Offline Ekay

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Oct 2018
  • Posts: 457
  • Total likes: 8
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: NYC
Re: CHASE closed ALL accounts!!!!!!!
« Reply #165 on: July 30, 2019, 11:45:17 AM »
I wonder what they call paying a CC with cash, money laundering?  :)
That is a big red flag as well as paying cc with third party checks.

Online aygart

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: May 2008
  • Posts: 17397
  • Total likes: 14336
  • DansDeals.com Hat Tips 14
    • View Profile
    • Lower Watt Energy Brokers
  • Programs: www.lowerwatt.com
Re: CHASE closed ALL accounts!!!!!!!
« Reply #166 on: July 30, 2019, 11:54:04 AM »
My accounts were closed even though Chase owed me money on every account, from $100 to $8,000!

Fox Butterfield?
Feelings don't care about your facts

Offline mutchkie1

  • Dansdeals Bronze Elite
  • *
  • Join Date: Feb 2015
  • Posts: 29
  • Total likes: 1
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Monsey, NY
Re: CHASE closed ALL accounts!!!!!!!
« Reply #167 on: July 30, 2019, 12:14:05 PM »
Re: They owed YOU money?! Now we know what the issue was.

That's because I overpay on each payment. I don't like owing anyone anything. So if I charge $4,300 I will transfer $5,000 as payment. I previously had transferred $50,000 thinking I would buy $50,000 of gold but then changed mind and only bought $39,000!

Online aygart

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: May 2008
  • Posts: 17397
  • Total likes: 14336
  • DansDeals.com Hat Tips 14
    • View Profile
    • Lower Watt Energy Brokers
  • Programs: www.lowerwatt.com
Re: CHASE closed ALL accounts!!!!!!!
« Reply #168 on: July 30, 2019, 12:24:49 PM »
Re: They owed YOU money?! Now we know what the issue was.

That's because I overpay on each payment. I don't like owing anyone anything. So if I charge $4,300 I will transfer $5,000 as payment. I previously had transferred $50,000 thinking I would buy $50,000 of gold but then changed mind and only bought $39,000!
Now we know what the issue was.
+10000000 This exact behavior has been discussed many times as being a cause of shutdowns.
Feelings don't care about your facts

Offline LoLo

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2014
  • Posts: 3772
  • Total likes: 197
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #169 on: July 30, 2019, 12:52:58 PM »
Re: They owed YOU money?! Now we know what the issue was.

That's because I overpay on each payment. I don't like owing anyone anything. So if I charge $4,300 I will transfer $5,000 as payment. I previously had transferred $50,000 thinking I would buy $50,000 of gold but then changed mind and only bought $39,000!
Prepaying is a red flag, and iirc buying gold had been discussed upthread as being a flag as well.

So you have 2 reasons for the shutdown already.

Offline CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: CHASE closed ALL accounts!!!!!!!
« Reply #170 on: July 30, 2019, 01:17:13 PM »
Re: They owed YOU money?! Now we know what the issue was.

That's because I overpay on each payment. I don't like owing anyone anything. So if I charge $4,300 I will transfer $5,000 as payment. I previously had transferred $50,000 thinking I would buy $50,000 of gold but then changed mind and only bought $39,000!
You are cycling your credit line, you are overpaying and prepaying. How could you not get shutdown?
Only on DDF does 24/6 mean 24/5/half/half

Offline Ekay

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Oct 2018
  • Posts: 457
  • Total likes: 8
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: NYC
Re: CHASE closed ALL accounts!!!!!!!
« Reply #171 on: July 30, 2019, 05:33:08 PM »
Paying up what you owe before the statement closes is an issue? (Wasn’t maxed out on my credit still had plenty of room)

Offline CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: CHASE closed ALL accounts!!!!!!!
« Reply #172 on: July 30, 2019, 07:54:57 PM »
Paying up what you owe before the statement closes is an issue? (Wasn’t maxed out on my credit still had plenty of room)
No.
Only on DDF does 24/6 mean 24/5/half/half

Offline iAm

  • Dansdeals Gold Elite
  • ***
  • Join Date: Apr 2015
  • Posts: 149
  • Total likes: 39
  • DansDeals.com Hat Tips 1
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #173 on: July 30, 2019, 07:58:41 PM »
Is paying a chase credit card with cash at a chase atm an issue?
iThink. Ergo. iAm

Offline Joel

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: May 2018
  • Posts: 5120
  • Total likes: 1078
  • DansDeals.com Hat Tips 76
    • View Profile
  • Programs: Hyatt Globalist, Hilton Diamond, Marriott Gold, IHG Platinum, National EE, Hertz PC, Enterprise Platinum, Avis PC
Re: CHASE closed ALL accounts!!!!!!!
« Reply #174 on: July 30, 2019, 08:03:56 PM »
Is paying a chase credit card with cash at a chase atm an issue?
Is this possible? Paying your CC at a Chase ATM??

Offline mmgfarb

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2015
  • Posts: 8355
  • Total likes: 1110
  • DansDeals.com Hat Tips 4
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #175 on: July 30, 2019, 08:05:20 PM »
Is paying a chase credit card with cash at a chase atm an issue?
You can pay a Chase CC at an atm? Never heard of that. Either way, I would still avoid it.
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

Offline ~King Lake~

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Mar 2019
  • Posts: 1142
  • Total likes: 756
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: i wish israel
Re: CHASE closed ALL accounts!!!!!!!
« Reply #176 on: July 30, 2019, 08:42:42 PM »
Is paying a chase credit card with cash at a chase atm an issue?
?
I’m in shape, round is a shape…

Offline srap

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2013
  • Posts: 2819
  • Total likes: 202
  • DansDeals.com Hat Tips 4
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #177 on: July 30, 2019, 08:42:52 PM »
To summarize, no prepaying/overpaying (which is sort of like cycling).
No cycling the credit line.
No paying off CC in cash
No paying with a third party check.
Also no money orders?
IOW, just pay from a bank account.

Any other way?  I don't want to mix banks and it seems best (from posts here) not to have a Chase account.

Offline CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 15788
  • Total likes: 7316
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: CHASE closed ALL accounts!!!!!!!
« Reply #178 on: July 30, 2019, 08:59:20 PM »
Only on DDF does 24/6 mean 24/5/half/half

Offline grodnoking

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2014
  • Posts: 5847
  • Total likes: 767
  • DansDeals.com Hat Tips 17
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #179 on: July 30, 2019, 09:48:14 PM »
To summarize, no prepaying/overpaying (which is sort of like cycling).
No cycling the credit line.
No paying off CC in cash
No paying with a third party check.
Also no money orders?
IOW, just pay from a bank account.

Any other way?  I don't want to mix banks and it seems best (from posts here) not to have a Chase account.
Dont pay personal CC with business bank account and vis a vie
I'm not who you think I am.