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Reader story – Chase shut down my account due to too much credit on CR

December 20, 2017December 19, 2017 Vinh  Credit Cards  Chase, shutdown  8 Comments

Introduction A reader had all his Chase accounts shut down on Friday.  He wasn’t sure what happened so I asked him questions to figure out what happened: Ink abuse?  NO Bill pays or any other anonymous payments?  NO What were your total balances closed on latest CR?  ~$20K (this is really minor; if he had said […]

How to convert your <1 yr old Chase Fairmont / CSP to the Freedom Unlimited

November 1, 2017October 31, 2017 Vinh  Credit Cards  Chase  4 Comments

Introduction I had gotten my Chase Fairmont earlier this year before it got killed.  It was converted to the Sapphire Preferred a month ago or so.  That card has no value to me, and so I wanted to convert it to a Freedom or Freedom Unlimited.  Since I didn’t have the FU card, that’s what […]

Cumulative list of bank and credit card bans

January 11, 2017January 11, 2017 Vinh  Credit Cards  amex, Barclays, Chase, Citi, Credit Cards  47 Comments

This post is long overdue, eh?  Being known as #shutdownsalldayeveryday, I get reader stories of shutdowns and try to figure out what happened and what they can do.  I make these posts to help you guys NOT get shut down.  I know some of you may say, “Hey I’ve cycled 3X for years with bank […]

My wife’s Chase shutdown letter

November 19, 2016November 18, 2016 Vinh  Credit Cards  Chase, shutdown  4 Comments

Introduction I had written a few weeks ago of Chase shutting down my wife.  Well here’s the official letter.  It seems it was “because of unexpected activity you conducted on this or another Chase account.”  Not quite sure what that means.  Could be because of my shutdown; I’m not sure if I’ll ever really know. […]

Reader story of another Chase shutdown and why you should stop banking with them

November 3, 2016November 2, 2016 Vinh  Credit Cards  Chase, shutdown  7 Comments

Introduction I am a magnet for shutdown stories.  I love them because you can learn the limits of how hard you can push certain things.  If you have a shutdown story, please let me know and I’ll post it (with anonymity of course.)  Today’s story is coming from a reader’s friend who had his personal, […]

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