Author Topic: CHASE closed ALL accounts!!!!!!!  (Read 35321 times)

Offline EER

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #375 on: September 09, 2020, 01:01:46 PM »
What did you actually do? Is there no other reason?
I sold it to one of those guys buying points. They mentioned only this reason. (I know they had a crack down last week for these type of issues).

Offline farmbochur

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #376 on: September 09, 2020, 01:01:50 PM »
DW just got shut down. Doesn't hurt too bad bc all she had was a sapphire preferred and a world of hyatt. Seems like her UR balance is still intact (for now).

I'll wait to see what the letter says but only trigger I can think of is cycling ~$80k on a $20k CL to hit globalist last Nov. Other than that her cards get pretty minimal use.

Shocked that they didn't come after my sapphire reserve, 5 freedoms, or 2 inks. At least not yet.
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Offline EER

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #377 on: September 09, 2020, 01:03:49 PM »
DW just got shut down. Doesn't hurt too bad bc all she had was a sapphire preferred and a world of hyatt. Seems like her UR balance is still intact (for now).

I'll wait to see what the letter says but only trigger I can think of is cycling ~$80k on a $20k CL to hit globalist last Nov. Other than that her cards get pretty minimal use.

Shocked that they didn't come after my sapphire reserve, 5 freedoms, or 2 inks. At least not yet.
Points will expire after 30 days.

Offline mendy613

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #378 on: September 09, 2020, 09:08:36 PM »
DW just got shut down. Doesn't hurt too bad bc all she had was a sapphire preferred and a world of hyatt. Seems like her UR balance is still intact (for now).

I'll wait to see what the letter says but only trigger I can think of is cycling ~$80k on a $20k CL to hit globalist last Nov. Other than that her cards get pretty minimal use.

Shocked that they didn't come after my sapphire reserve, 5 freedoms, or 2 inks. At least not yet.

I give you a month till they close some or all of your cards..

Offline bendor

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #379 on: September 12, 2020, 03:40:05 PM »
DW was just closed down after applying for a new CF.
Had a Marriott Bonvoy Bold and a CIP (with ~200k UR), both over a year old.
Has one other card at a credit union, and no recent inquires.
No rewards misuse, in general very low use on the CIP and no use recently on the Bonvoy card.
Did have 5 air tickets (~3000$) bought on the CIP that were eventually refunded, but hey, it's COVID19...

Reasons given were:
NOT ENOUGH CREDIT INFORMATION ON FILE
THIS ACCOUNT AND/OR A RELATED ACCOUNT WAS CLOSED AT THE BANK'S REQUEST

Any chance for her to be reinstated? She won't be keen on calling in, so I'm thinking just biting the bullet and transferring the points out within 30 days.
Will I be able to get her other Chase cards in the future? What's the cooldown period?

EDIT: Am I able to transfer her points to my account (a Chase Freedom) even though I am not an authorized user on any of her cards (we share the same address)? Or is that guaranteed to get me shut down too?
« Last Edit: September 12, 2020, 03:43:24 PM by bendor »

Offline Joel

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #380 on: September 12, 2020, 08:48:16 PM »

EDIT: Am I able to transfer her points to my account (a Chase Freedom) even though I am not an authorized user on any of her cards (we share the same address)? Or is that guaranteed to get me shut down too?

I give you a month till they close some or all of your cards..

Offline Ekay

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #381 on: September 13, 2020, 03:03:29 AM »
You should get a letter in the mail with the reasons for being shut down. Sometimes some of them are vague, but they gave me solid reasons such as revolving credit and I focused my complaints to the CFPB with those. Sent a detailed explanation on how chase was wrong to assume things and explained what happened (in my case a merchant charged for items and then refunded it many times ((as I ordered many of the same item)) instead of dropping the pending charge). Shortly after I got a letter from chase apologising for shutting me down, and sent me new cards of all my cards.
I was shut a year ago and never got such letter. How can it get ?

Offline bendor

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #382 on: September 13, 2020, 09:08:41 AM »
Quote from: bendor on Yesterday at 03:40:05 PM

EDIT: Am I able to transfer her points to my account (a Chase Freedom) even though I am not an authorized user on any of her cards (we share the same address)? Or is that guaranteed to get me shut down too?

Quote from: mendy613 on September 09, 2020, 09:08:36 PM
I give you a month till they close some or all of your cards..
I read that ;D So positive  ::)
If I was able to transfer it to a consumer card I'd feel more comfortable, but as the points are all sitting on the CIP card, IINM I need to be a co-owner of the "business" to be able to have the points transferred to me (according to the TOS). But it's true, I am worried that just transferring straight over would get me shut down as well...

Offline justmeha

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #383 on: September 13, 2020, 01:37:55 PM »
but as the points are all sitting on the CIP card, IINM I need to be a co-owner of the "business" to be able to have the points transferred to me (according to the TOS).
I'm pretty sure it's either partner or same address

Offline jew

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #384 on: October 20, 2020, 02:23:59 PM »
I have been closed down many times and it never effected family members. What happen in your situation?
"many times"??
one card a time? Or reopened and then shut down? Or many different people?

Offline jew

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #385 on: October 20, 2020, 02:28:33 PM »
It's been 2-3 years since 6 of us at the same address got shut down with a total of about 20-25 cards total.
Checking accounts never affected.
          We keep applying every few months, and every time (after clearing other issues) they always come back to those closures from then.
My mother at that address got a approved for sapphire a year ago (she was never shut down because she didn't have any chase cards)
Just spoke to chase executive office, they don't sound too hopeful but will see  :-\

Online CountValentine

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #386 on: October 20, 2020, 03:48:26 PM »
"many times"??
one card a time? Or reopened and then shut down? Or many different people?
Just received my fifth shutdown. I now have no Chase accounts.  :(
Each shutdown was a little different.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Boruch Parnes

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #387 on: October 20, 2020, 04:06:22 PM »
Just received my fifth shutdown. I now have no Chase accounts.  :(
Each shutdown was a little different.
think 5 is a record!

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #388 on: October 20, 2020, 04:56:36 PM »
think 5 is a record!
I am not done by no means.
Next course of action is apply, hopefully get approved, do spend on first day before card is shutdown.  :)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline myi

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Re: CHASE closed ALL accounts!!!!!!!
« Reply #389 on: October 20, 2020, 11:48:28 PM »
I am not done by no means.
Next course of action is apply, hopefully get approved, do spend on first day before card is shutdown.  :)
Wow, you have lots of hope.
Don't try to be someone else , be who you are because everyone else is taken.