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CHASE FREEDOM CLOSED!?

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Anonymous
Not applicable

Re: CHASE FREEDOM CLOSED!?

Hmmm

Message 51 of 97
Anonymous
Not applicable

Re: CHASE FREEDOM CLOSED!?

Looks like Freedom is going to be my "Slate" -- This is what were using the wife's Freedom for.
Message 52 of 97
Anonymous
Not applicable

Re: CHASE FREEDOM CLOSED!?

My mother has the United Mileage Plus (I believe that's what it's called?) and it's still showing hers as active last time I checked in with her via text. She has two Chase cards, but the Freedom was just terminated. 

Message 53 of 97
Anonymous
Not applicable

Re: CHASE FREEDOM CLOSED!?


@CreditCuriousity wrote:

Yep more is coming...  Normallly not a person that worries but wow, they hit your mom too?  So GC and not wanting to honor bonus is what appears to be setting them off along with 5x categories?  What is the point of having 5x, bonuses if you spend x dollars, etc!


This is really worrying... Have they changed the way transactions are reported?  How do they know it was a gift card?  Hmm... just interesting.

Message 54 of 97
CreditCuriosity
Moderator Emeritus

Re: CHASE FREEDOM CLOSED!?


@Anonymous wrote:
Looks like Freedom is going to be my "Slate" -- This is what were using the wife's Freedom for.

Probablem is it is 0% apr...so they still aren't making money off of us lol

Message 55 of 97
longtimelurker
Epic Contributor

Re: CHASE FREEDOM CLOSED!?

Also, the Freedom is capped, so the most you can get in a yearin 5x rewards  is $300 (worth more if UR, but perhaps cheaper to Chase)   It's the uncapped cards that have seen the most vigorous shutdowns in the past.

 

So Chase may target those that are worth less to them than the possible $300 a year, but still very hard to understand why this would be a good move for a $50 BB gift card.

Message 56 of 97
Anonymous
Not applicable

Re: CHASE FREEDOM CLOSED!?

I'm sincerely hoping this is just a mistake on Chase's part. If not, they won't be seeing a new customer next year from me.

 

Definitely keep us updated, OP. 

Message 57 of 97
Anonymous
Not applicable

Re: CHASE FREEDOM CLOSED!?

Are you suggesting I pay my property taxes on the Ritz, pay interest on say half that for a month, then pay it off to keep them happy? Lol.
Message 58 of 97
NRB525
Super Contributor

Re: CHASE FREEDOM CLOSED!?


@CreditCuriousity wrote:

@longtimelurker wrote:

@CreditCuriousity wrote:

Time to buy some gas on my freedom and hope this offsets it and I fly under the radar.. Obviously amazon tracks GC to chase, especially being a $100 exactl amount w/no tax.....  Least it was sent to another state and address which shows it wasn't for me!   

 

 


Ohhhhhh, interstate mpney laundering and mail fraud!   Expect the FBI real soon.

 

As I've said before, IF crackdowns happen, YOUR intentions don't matter.   If buying a gift card is bad, the CCC doesn't care what you say you intended for, their rewards burden is the same.   Volume should matter, but nothing to prevent MS sending cards to lots of confederates to cash out.

 

But if you believe the latest thread, a $50 BB gift card triggered a Chase shutdown.  


LTL can't tell if you are serious or joking on the last part....  Think it is something different?


Believe it. In the search for a trigger, when the credit team has a goal of $X credit to shut down, once you give the troops the go-ahead to use GC as a trigger, any GC will do.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 59 of 97
NRB525
Super Contributor

Re: CHASE FREEDOM CLOSED!?


@Anonymous wrote:

I'm sincerely hoping this is just a mistake on Chase's part. If not, they won't be seeing a new customer next year from me.

 

Definitely keep us updated, OP. 


Chase will tell you "You have nothing to worry about, dear customer. Just don't do these trigger transactions to shut your account down."

 

Customer: "What are those triggers?"

 

Chase: "We'll let you know by shutting the account down"

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 60 of 97
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