Reply
Frequent Contributor
sandman2435
Posts: 365
Registered: ‎01-22-2011
0

Chase Closed out my accounts..In till further review UPDATE!! Accounts re-opened!!!

[ Edited ]

Well last night I tried to use my CSP and to find out Chase put a hold on my Bold Ink and CSP..called and was told because I had to many new accounts that I had to put in for them to re-open..Now mind you..I have Zero Balance on all my accounts and have no debt whatsoever..and Ive ran about 25K thur my Business Ink card in the past year..I also have a per/bus checking and savings with them as well..any advice would greatly help?

Frequent Contributor
CreditWorld2013
Posts: 346
Registered: ‎02-01-2012
0

Re: Chase Closed out my accounts..In till further review

[ Edited ]

There is not much you can do at this point but request that they are re-opened and wait until they reach a decision. Most likely they will want to investigate your credit report, employment, income, etc. If they deny you...contact the managers or the executive office. Good luck!

 

Moderator Emeritus
webhopper
Posts: 7,230
Registered: ‎09-16-2011
0

Re: Chase Closed out my accounts..In till further review

Its definately worth it to recon... I did have my chase account closed and reopened. They will likely look at all the new accounts and determine if you are using them responsibly. Best of luck!!!

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Chase Closed out my accounts..In till further review

How many new accounts have you opened in the last 6 months?



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Epic Contributor
Creditaddict
Posts: 20,013
Registered: ‎10-23-2007
0

Re: Chase Closed out my accounts..In till further review

If you have all your accounts with money with them, they need to think about things like this... it's insulting IF you really do have all the money sitting to show it's not big deal and really after a year... who cares what you do as long as the DTI doesn't go sky high... ugh big banks, they shoot themselves in the foot every day.

id visit your local bank especially if you were with a business person and try to let them sort it out... then hit prez office if not!

I miss my chase checking and credit card but i also didn't like the service i got until sitting to close the accounts to get such a simple resolution... i kind of did the shooting in the foot that day but I was just so insulted that it went so far to be sitting in front of a branch manger to offer what every one else said no so easily... like duh!

 

Fico Scores: EQ 673 DCU, TU 678 Wally, EX 669 Chase(08-31-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 45 Cards in between :smileytongue:
Valued Contributor
Epcot
Posts: 2,784
Registered: ‎10-10-2012
0

Re: Chase Closed out my accounts..In till further review

Sorry to hear. Some good advice so far, keep us posted!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 809 EX 774 TU 805
App free since 4/11/13
Frequent Contributor
sandman2435
Posts: 365
Registered: ‎01-22-2011
0

Re: Chase Closed out my accounts..In till further review

 Just 3 new accounts..I did talk with them today and still its in process..I should know by friday.if I get turned down than I will call the Ex office if they don't re-open than I will close all my accounts with Chase and take my Business elsewhere..I have a good amount of money in my accounts and I know another bank would be glad to do business elsewhere

Frequent Contributor
koalablue
Posts: 345
Registered: ‎05-23-2012
0

Re: Chase Closed out my accounts..In till further review

Really hope it works out for you.  They'd be nuts not to reopen those accounts - you've been a great customer.  I'm hoping something similar doesn't happen to me. I've opened six new accounts in the last 6 months  3 were with chase and three with Amex. The last two were Amex's that aren't on my CRs yet.

Frequent Contributor
sandman2435
Posts: 365
Registered: ‎01-22-2011
0

Re: Chase Closed out my accounts..In till further review

Just Checked online and accounts are re-opened..Maybe they like me after all lol

Valued Contributor
Epcot
Posts: 2,784
Registered: ‎10-10-2012
0

Re: Chase Closed out my accounts..In till further review

That's good news! :smileyhappy:

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 809 EX 774 TU 805
App free since 4/11/13

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+