At the start of this year I had 2 CC's with annual fees. One AF was permanently rescinded plus I got a 6.99%F promo rate for purchases (6 or 9 months - I don't remember which) - all for having made a brief phone call to HSBC. The other is my Providian -> WaMu -> Chase account with a $59 AF. This may be my oldest account - if not it is close. That AF was refunded after the front line CSR told me a had a snowball's chance of having it happen. (That makes two years running.)
Seriously - if it doesn't have an AF I'm not closing it. Rather than protecting you from AA closing CC's leaves you utterly defenseless against the AA evil doers when they strike. FYI: It has been noted by many that one of the enumerated reasons offered by Chase in explanation of account closures is too few open TL's of sufficient length. My crummy Providian -> WaMu -> Chase CC with the $3.9K has not been touched by Chase other than to refund the AF. As much as I think they are loathsome there is absolutely no reason to close it.
They closed mine for the second time!!! i recieved the same letter!!!! im like what is on my report?????? They have reopened it the first time they closed it!! Right now i need to keep paying my balance down on this card so i dont need it opened right now!i dont know whats going on????
I am confused. Didn't you just post something very positive about Chase in another thread?
Chase most of the time always reopens or reinstates limits !!!! its crazy bc you have good credit good payment history on other cards and they do crap like this !!!! I quit trying to figure it out! and Just call in until i get a nice rep!!! but i did wait about 3months and my Balance was paid down a little! so as long as you show progress there willing to work with ya!!!!