Albort
ODV Crew
- Joined
- Oct 9, 2006
Yikes! Too late
you should be fine... if i recall correctly, business and personal cards are handled differently. I do watch some of the chase cancellation on flyertalk, 99% of cancellations are due to abuse.
Yikes! Too late
I downgraded my CSR b/c I had a CSP and the are you sure sm went back and forth about 4 times until they finally did it. Be persistent!
There has been recent discussion on Reddit about Chase shutdowns. These have been around for some time but are picking up a little bit of momentum lately so I'll relay what I've seen over there so anyone around 4/24 hitting Chase can evaluate for their own needs. Most people hit 5/24, 6/24 with Chase and don't get shut down but apparently some people have recently and here is some data I've seen on it:
How it works: Chase cards just stop working. A person calls and is told they are under financial review and no there is nothing that they can do and Chase will get back to them in a couple weeks. A couple weeks later their cards either start working or they receive a letter stating their cards have been shut down. (People's points aren't being revoked, I think they have a time to cash them or spend them.)
Why: Reddit is trying to figure this out.
-For sure matters: people recently applied for a Chase card and had at least 4 other Chase cards. Opening lots of Chase cards in a short period of time; opening lots of Chase cards and then other cards and then another Chase card.
-Things that don't seem to matter: being a Chase Private Client, high credit scores, good credit history, making lots of money, banking relationships with Chase.
Here are two people's recent data points. #1 was reinstated after a supervisor called during the review process and admonished the person for opening so many accounts recently. #2 was not reinstated (they had a lot of accounts, I don't think the supervisor could look the other way there)
1) 4/24, 4/12 at time of shutdown (5/25, 5/12 w/ biz cards). Had CSR, CSP, CIP, SW Plus, SW Premier. Applied SW Biz Premier end of Nov. App before that was early Oct. They (as opposed to early data points from a year or 2 ago) had no MS.
2) 19/12 at time of shutdown. Chase: 12/15 Amazon, 4/16 CSP, 8/16 United, 5/17 Hyatt, 10/17 IHG, 12/1/17 applied BA, 12/8/17 shutdown. $400 MS, 2 bank accounts funded on CSR
I'm not trying to scream fire! fire! here, but I want everyone to be as informed as possible. As I said these are un-common but have come up in very recent discussion on Reddit.
ETA: for clarity
May I ask why you downgraded the CSR. Doing this actually entered my mind also. When i first got the card I thought
i would never downgrade it but now after paying the 2nd $450 fee I'm wondering. Of course i just paid the fee so
would have to wait another year.
I have to get these annual fees down!!! lol
This is interesting. I tried to pay for something with chase last night online and it was declined. I went to my acct and didn't see anything
unusual so i just thought it was a fluke. Now seeing what you wrote i just called. I was told there was a lot of fraud going around
and they thought the charge was suspect and wanted to verify it was me making it. I said it was and they cleared it. It was just
to Amazon and went through fine right now. I was worried because i just opened 3 new credit cards 6 months ago...one was chase
hyatt.
Sending you thoughts for a change of luck!You don't understand--with my current luck, it will definitely be me!!! It's been quite a crappy month
Yeah, just fraud alerts! Chase can get trigger happy with those but they don't mean anythingThis is interesting. I tried to pay for something with chase last night online and it was declined. I went to my acct and didn't see anything
unusual so i just thought it was a fluke. Now seeing what you wrote i just called. I was told there was a lot of fraud going around
and they thought the charge was suspect and wanted to verify it was me making it. I said it was and they cleared it. It was just
to Amazon and went through fine right now. I was worried because i just opened 3 new credit cards 6 months ago...one was chase
hyatt.
What is considered abuse?you should be fine... if i recall correctly, business and personal cards are handled differently. I do watch some of the chase cancellation on flyertalk, 99% of cancellations are due to abuse.
What is considered abuse?
What exactly am I looking at? Thanks!
first line = extra points. (10k points was $227.50)
2nd line = regular spendings. (spendings includes the first $227.50)
I hope your luck is turning around in this case!You don't understand--with my current luck, it will definitely be me!!! It's been quite a crappy month
I think after one or two statements you can request a different closing date.Ouch. Got my new Discover it card the other week but I didn't realize they would match my billing cycle to my existing card. I thought it'd be based on when I opened the account but, nope, closed yesterday with the other one. That's gonna be a painful due date. Guess I just have to look on the flip side, I earned just about the same amount of cashback in about 10 days as I do all year on the other one with the sign up bonus (thanks DISchurners!) and the 5% categories. It'll all be worth it at the end of the year when it doubles
I think after one or two statements you can request a different closing date.
STRANGE IHG & EBATES TIP: (I had meant to post this awhile back and forgot!)
We stayed at the Holiday Inn Virginia Beach back in August. We took our Sister-In-Law, Brother-in-Law and 6 month old niece for a beach trip since they couldn't afford a vacation this summer with all the new baby expenses. (Side Note - neat that churning was able to give us the opportunity to do this)
We booked 2 rooms for 3 nights...the first night on each room was with our IHG Card free anniv. night and the other 2 nights were on points. We booked the rooms in February for a stay in August and even though it was all points I activated me Ebates when booking because I'm always in the habit of doing that.
So in November when our quarterly Ebates check showed up we got $28.80 X 2 from IHG...I have no idea how it worked or calculated but we paid $0 for the rooms and actually got $57.60 back hahaha! It seems that they did 4.5% back on the rack room rate, even though points were used. So obviously YMMV but now whenever I book any room at any hotel chain I always activate the Ebates just in case...
It was ok - I'd give it a solid C grade. Being at the very end of the hotel section of beach was nice, less busy. The pools were nice (we enjoyed the indoor lazy river area a lot because it wasn't exactly hot while we were there). We also watched a couple movies in their little theater so that was neat. Our room was pretty worn and left something to be desired. Elevator situation was terrible...small and slow. Also my wife hated not having any sort of kitchen (vs. what we're used to each year in Captiva Florida with having a house and Myrtle Beach where we usually get a condo). If we go back to VA Beach we'd probably look at the SpringHill suites I believe which had a full kitchen in the room.How was that Holiday Inn? We usually stay at the Marriott next door when we go in August for my business trip. I've heard not so great things about that Holiday Inn but I think maybe they renovated.
May I ask why you downgraded the CSR. Doing this actually entered my mind also. When i first got the card I thought
i would never downgrade it but now after paying the 2nd $450 fee I'm wondering. Of course i just paid the fee so
would have to wait another year.
I have to get these annual fees down!!! lol
There has been recent discussion on Reddit about Chase shutdowns. These have been around for some time but are picking up a little bit of momentum lately so I'll relay what I've seen over there so anyone around 4/24 hitting Chase can evaluate for their own needs. Most people hit 5/24, 6/24 with Chase and don't get shut down but apparently some people have recently and here is some data I've seen on it:
How it works: Chase cards just stop working. A person calls and is told they are under financial review and no there is nothing that they can do and Chase will get back to them in a couple weeks. A couple weeks later their cards either start working or they receive a letter stating their cards have been shut down. (People's points aren't being revoked, I think they have a time to cash them or spend them.)
Why: Reddit is trying to figure this out.
-For sure matters: people recently applied for a Chase card and had at least 4 other Chase cards. Opening lots of Chase cards in a short period of time; opening lots of Chase cards and then other cards and then another Chase card.
-Things that don't seem to matter: being a Chase Private Client, high credit scores, good credit history, making lots of money, banking relationships with Chase.
Here are two people's recent data points. #1 was reinstated after a supervisor called during the review process and admonished the person for opening so many accounts recently. #2 was not reinstated (they had a lot of accounts, I don't think the supervisor could look the other way there)
1) 4/24, 4/12 at time of shutdown (5/25, 5/12 w/ biz cards). Had CSR, CSP, CIP, SW Plus, SW Premier. Applied SW Biz Premier end of Nov. App before that was early Oct. They (as opposed to early data points from a year or 2 ago) had no MS.
2) 19/12 at time of shutdown. Chase: 12/15 Amazon, 4/16 CSP, 8/16 United, 5/17 Hyatt, 10/17 IHG, 12/1/17 applied BA, 12/8/17 shutdown. $400 MS, 2 bank accounts funded on CSR
I'm not trying to scream fire! fire! here, but I want everyone to be as informed as possible. As I said these are un-common but have come up in very recent discussion on Reddit.
ETA: for clarity
This is interesting. I tried to pay for something with chase last night online and it was declined. I went to my acct and didn't see anything
unusual so i just thought it was a fluke. Now seeing what you wrote i just called. I was told there was a lot of fraud going around
and they thought the charge was suspect and wanted to verify it was me making it. I said it was and they cleared it. It was just
to Amazon and went through fine right now. I was worried because i just opened 3 new credit cards 6 months ago...one was chase
hyatt.