A reader got shut down by Chase last week. In his own words: Too much MS too quick. Bought 30k in [unbonused spend] across 3 cards. Prompted an acct review because I was maxing out my available credit. I’ve done a ton of MS but I’ve read Covid has them on edge. 6 cards down […]
In his own words: My Chase closure: current state of affairs. As I reported before, all my 7 Chase personal CCs were closed early July 2020 (while I was on the road). Later I received a letter which did not give a reason, only “We have decided to close your accounts”. I called the number […]
Last week, a reader had his Citi accounts shut down. He never spent over CL and figures there were 2 possible reasons. First reason could be because he had 2 recent AMEX statements close totaling over $20K. With the current climate, banks are worried about ability to pay, so they may have gotten nervous that […]
A reader told me that their Schwab AF got posted the other day and with that, AMEX also re-billed her $50 for a Saks credit that she earned back in January 2019. Technically, she didn’t “earn” the credit back in Jan 2019, but the fact that AMEX went back through her history that far back […]
This may be a Wells Fargo only issue, but I’ll tell you what happened to me anyway. I had a friend who owed me some money and I told her to Zelle me through her local CU. This was the first time she used Zelle at the CU. She sent the first $2K just fine […]