Author Topic: CHASE closed ALL accounts!!!!!!!  (Read 42498 times)

Offline jdross

  • Dansdeals Silver Elite
  • **
  • Join Date: Feb 2014
  • Posts: 99
  • Total likes: 1
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Butte, Montana
Re: CHASE closed ALL accounts!!!!!!!
« Reply #200 on: August 04, 2019, 02:13:45 PM »
Returned payment is a massive red flag/trigger for all cards.

Thanks Dan. Maybe thats what it is, but why would do they do something so severe? Its not like it was a chronic problem. It was only twice in however many years I had the account. And why close all but 1 account if only 1 account had the issue?

Anything I can do right now? Is anyone ever successful in getting them to undo this?
« Last Edit: August 04, 2019, 02:16:53 PM by jdross »

Offline CountValentine

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 9582
  • Total likes: 3065
  • 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 #201 on: August 04, 2019, 02:17:44 PM »
Anything I can do right now? Is anyone ever successful in getting them to undo this?
Give them a call and plead your case.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 60311
  • Total likes: 7566
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA Global Services, AA Lifetime Plat, DL Dirt, SPG Plat, Hyatt Diamond, Fairmont Lifetime Plat, Hilton Diamond, Priority Club Plat, Avis Chairman, National EE, Hertz PC
Re: CHASE closed ALL accounts!!!!!!!
« Reply #202 on: August 04, 2019, 02:19:45 PM »
Thanks Dan. Maybe thats what it is, but why would do they do something so severe? Its not like it was a chronic problem. It was only twice in however many years I had the account. And why close all but 1 account if only 1 account had the issue?

Anything I can do right now? Is anyone ever successful in getting them to undo this?
Even once is a no-no. Not surprised at all that it was shut down after it happened twice.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline KSMH

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2018
  • Posts: 2647
  • Total likes: 458
  • DansDeals.com Hat Tips 13
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #203 on: August 04, 2019, 02:29:45 PM »
I say this is #fakenews
Agreed, although I don't do this now I've done it many times in the last with no issues.

Buisness account was not chase.
Always praying for delayed baggage.

Offline jdross

  • Dansdeals Silver Elite
  • **
  • Join Date: Feb 2014
  • Posts: 99
  • Total likes: 1
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Butte, Montana
Re: Chase just closed all of my accounts
« Reply #204 on: August 04, 2019, 03:02:41 PM »
The likely trigger. And it's bad news, in afraid.

How bad? Is there no shot of getting the to re-open those accounts?

I've been with them for over a decade and have had minimal issues in 10+ years and never missed any payment ever. Might have gotta a couple in after the due date but never ever had a payment be later than lets say 2-3 days.

Offline lakewood34

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jun 2017
  • Posts: 226
  • Total likes: 15
  • DansDeals.com Hat Tips 36
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #205 on: August 04, 2019, 03:15:46 PM »
Agreed, although I don't do this now I've done it many times in the last with no issues.

Buisness account was not chase.

right so chase had no idea it was a business account

Offline KSMH

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2018
  • Posts: 2647
  • Total likes: 458
  • DansDeals.com Hat Tips 13
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #206 on: August 04, 2019, 03:28:03 PM »
That's not what was written.

I said I have paid with a B account and never had issues.
Always praying for delayed baggage.

Offline lakewood34

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jun 2017
  • Posts: 226
  • Total likes: 15
  • DansDeals.com Hat Tips 36
    • View Profile
Re: CHASE closed ALL accounts!!!!!!!
« Reply #207 on: August 04, 2019, 03:31:16 PM »
That's not what was written.

I said I have paid with a B account and never had issues.

sorry i wasn't clear what i meant is that i can see that it does make sense to suspect that  if someone paid a chase personal credit card from a non chase business account it wouldn't cause a problem but if he paid from a chase business account it would.

Offline Ekay

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Oct 2018
  • Posts: 427
  • Total likes: 6
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: NYC
Re: CHASE closed ALL accounts!!!!!!!
« Reply #208 on: August 04, 2019, 07:18:47 PM »
 I had a long conversation with a branch manager on Friday, he clarified that chaseís compliance dept team is growing by the day. They were hit with some major lawsuits including the Bernie madeoff case and it cost them billions of dollars in legal fees. They are strongly enforcing anti-money-laundering activity.

  The compliance department does not share with the bankers the reason for shutting down accounts. This is all their own research that they are conducting in-house to try to connect the dots and figure  out the triggers.

 One of the triggers they figured out after researching multiple shutdowns is paying a Chase personal credit card from a Chase business account which the compliance department considers commingling funds.  Itís the same thing that Chase does not allow for a business check to be deposited into a personal account. Chase wants personal and business to be separated totally to prevent money laundering.
« Last Edit: August 04, 2019, 08:57:26 PM by Ekay »

Offline Ekay

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Oct 2018
  • Posts: 427
  • Total likes: 6
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: NYC
Re: Chase just closed all of my accounts
« Reply #209 on: August 04, 2019, 07:19:47 PM »
How bad? Is there no shot of getting the to re-open those accounts?

I've been with them for over a decade and have had minimal issues in 10+ years and never missed any payment ever. Might have gotta a couple in after the due date but never ever had a payment be later than lets say 2-3 days.
You can have your banker send an email to the compliance dept to reconsider.

Offline Denverite

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2015
  • Posts: 2005
  • Total likes: 172
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: Denver
Re: CHASE closed ALL accounts!!!!!!!
« Reply #210 on: August 07, 2019, 04:19:57 PM »
sorry i wasn't clear what i meant is that i can see that it does make sense to suspect that  if someone paid a chase personal credit card from a non chase business account it wouldn't cause a problem but if he paid from a chase business account it would.

I've had Chase reject an auto-payment from a business account from another bank (it was for the BA card) so don't assume that paying from another bank won't trigger anything.  I run an actual high spending business and pick certain cards to put business only expenses on because I want to meet minimums or maximize points earnings.  I then just paid in branch with a business check and that was fine.  It was annoying to not have it on auto-pay but worth it for this particular card.  Amex doesn't have this issue as I use the Hilton Aspire card the same way, for business only, as we spend a lot at Hiltons, and Amex accepts the auto-pays just fine.

Offline CountValentine

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 9582
  • Total likes: 3065
  • 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 #211 on: August 07, 2019, 05:05:44 PM »
I've had Chase reject an auto-payment from a business account from another bank (it was for the BA card) so don't assume that paying from another bank won't trigger anything. 
Did the business account name match the business name on the card?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Denverite

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2015
  • Posts: 2005
  • Total likes: 172
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: Denver
Re: CHASE closed ALL accounts!!!!!!!
« Reply #212 on: August 07, 2019, 05:22:48 PM »
Did the business account name match the business name on the card?

There was no business name on the card.  These specific cards are personal cards.  If you want to the Chase BA bonus, or the 14ppd at Hiltons offered by the Aspire card, as I understand it, it has to be on a personal card.

Offline CountValentine

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 9582
  • Total likes: 3065
  • 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 #213 on: August 07, 2019, 05:25:10 PM »
There was no business name on the card.  These specific cards are personal cards. 
Sorry brain freeze. Did the name on the business account match the name on the CC account?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Ekay

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Oct 2018
  • Posts: 427
  • Total likes: 6
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: NYC
Re: CHASE closed ALL accounts!!!!!!!
« Reply #214 on: August 07, 2019, 09:02:44 PM »
I have a few personal credit  cards with chase and a business cc as well. They shutdown my personal cards but kept my business card open. Is my miles safe if I Transfer it to my  business card even thought all my cards are under one ur profile? Or should I transfer all my points to an airline? 

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 #215 on: August 08, 2019, 02:10:24 PM »
Does anyone have any idea how long I have to wait to apply for a Chase card after Chase closed all my accounts? 6 months? A year?

Offline CountValentine

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 9582
  • Total likes: 3065
  • 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 #216 on: August 08, 2019, 02:12:01 PM »
Does anyone have any idea how long I have to wait to apply for a Chase card after Chase closed all my accounts? 6 months? A year?
Try after 6 months.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

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 #217 on: August 08, 2019, 03:26:08 PM »
Thanks, CountValentine!

Still can't believe even today that I was shut down AFTER first calling up Chase and telling agent what exactly I was going to do step by step! Guess the "recorded line" only works if it helps them, not if it helps you! LOL

Offline CountValentine

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 9582
  • Total likes: 3065
  • 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 #218 on: August 08, 2019, 03:41:56 PM »
Thanks, CountValentine!

Still can't believe even today that I was shut down AFTER first calling up Chase and telling agent what exactly I was going to do step by step! Guess the "recorded line" only works if it helps them, not if it helps you! LOL
I have been banned several times and currently have one of their cards so don't give up hope.
Unlike most here who never know why they were banned I know exactly why.  :)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

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 #219 on: August 08, 2019, 04:51:34 PM »
Just one? LOL