topic Re: Chase CC and Online Gambling in Credit Cards

Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 21:45:31 GMT

Just wondering if Chase is going to shut off my credit card. I went to get a haircut the yesterday and my Freedom was declined. I have made some deposits to an online sportsbook and they recently quit accepting my Freedom card. Like a moron I just kept trying to deposit, maybe ten times over three days. I called the 800 number on the back of my card and was told that the rep couldn't do anything for me I would have to wait for a call from a "Senior Support Advisor" Well I haven't got the call and I forwarded my home to my cell and still no call.

a) Is Chase going to cancel my card?

b) What should I do when they call?

I don't ever intend to use my CC to deposit in my online sportsbook ever again.

Re: Chase CC and Online Gambling

B335is — Fri, 11 Oct 2013 21:48:22 GMT

Have you logged into your Chase online account? Were you behind in payments or were you close to the limit?

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 21:49:48 GMT

Logged in and everything is normal. I even went to a branch today to deposit a check and everything was hunky dorey.

I'm just freaking out.

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 21:50:26 GMT

I am not close to my limit (I only have a $500 limit and 300 avail)

Re: Chase CC and Online Gambling

B335is — Fri, 11 Oct 2013 21:54:08 GMT

Have you checked your credit reports? Any negs that may have spooked Chase pop up lately?

I can't comment too much regarding online gambling with a CC since I've never done it. That itself may have raised concern; there's a reason you can't typically buy loto tickets with a card.

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 21:54:57 GMT

If I were you I'd wait for the call and avoid using phrases like "online gambling" and "sportsbook".

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 21:59:11 GMT

@Anonymous wrote:
If I were you I'd wait for the call and avoid using phrases like "online gambling" and "sportsbook".

I agree, but if they have a concern, they probably know very well what was going on!

While waiting, check the Terms&Conditions. It's very possible that online gambling is not allowed, or more generically this might be seen as a disguised cash advance. But nothing you can do but plead ignorance and promise no repeats.

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 22:22:23 GMT

@longtimelurker

They have an idea what is going on but they don't know for sure. In order to circumvent the UIGA the charge will be made to some third party, not the gaming company.

To the OP: it sounds like you are dealing with a small amount of money 100's not thousands of dollars, that's good and will make things easy. I don't want to run afoul of any terms of service of myfico, so I'll just say when it comes time to deal with Chase be clear the charges are not fraudulent, they were initiated by you online and be vague about the details.

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 22:34:41 GMT

It is less than 1000 that has been deposited. I plan on when (why didnt they do it today) they call to justsay something about fantasy football.

This isnt a super big deal, is it?

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 22:35:45 GMT

The charges have been made to a third party company.

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 22:37:45 GMT

Also, online gambling is expressly addressed in the T&C.

The worst thing that can happen is they close the card, right? They wouldnt close my checking and savings too would they?

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 22:39:16 GMT

No, not a big deal. Chases is going to be concerned these are fraudulent charges, they aren't.

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 22:42:17 GMT

VegasKyle, you just made my day.

Take the Cardinals tonight and the Redskins on Sunday.

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 22:43:24 GMT

Is the fantasy football thing a good thing to say?

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 23:28:39 GMT

Redskins, man this one will be tough.

Broncos 140-3 though.

Re: Chase CC and Online Gambling

Anonymous — Fri, 11 Oct 2013 23:45:15 GMT

I agree Stiga, but I cant lay 27 pts.

Re: Chase CC and Online Gambling

Anonymous — Sat, 12 Oct 2013 00:17:20 GMT

@Anonymous wrote:
Just wondering if Chase is going to shut off my credit card. I went to get a haircut the yesterday and my Freedom was declined. I have made some deposits to an online sportsbook and they recently quit accepting my Freedom card. Like a moron I just kept trying to deposit, maybe ten times over three days. I called the 800 number on the back of my card and was told that the rep couldn't do anything for me I would have to wait for a call from a "Senior Support Advisor" Well I haven't got the call and I forwarded my home to my cell and still no call.

a) Is Chase going to cancel my card?

b) What should I do when they call?

I don't ever intend to use my CC to deposit in my online sportsbook ever again.

I think the main problem is that you repeatedly tried to charge something on a card that they kept denying.

So most likely, your account is suspended for fraud prevention purposes. They most likely just want to verify your ID, to make sure you are indeed the person who's trying to make all these charges.

Most banks do not allow online gambling, since it's illegal (not for you, but for banks / sites that handle the transactions) in most states, but I don't know how strictly are those rules enforced either. Generally, it's a bad idea. But what's done is already done. If they don't bring this issue up, then keep quiet about it. If they do bring it up, then it's up to you on how you want to do things from then on. There's a (small) possibility they might close all your accounts, since it's against fed law for banks to handle online gambling transactions, and as a result Chase may want to have nothing to do with you.

No real need to worry about something that hasn't, or might not, happen. Most likely it's just an ID check for now.

Re: Chase CC and Online Gambling

09Lexie — Sat, 12 Oct 2013 00:43:10 GMT

I hope we aren't discussing odds on the forum?

Just a reminder, we must adhere to the TOS. Discussion of illegal activities is a no no.

Thank you,

09Lexie

Re: Chase CC and Online Gambling

Anonymous — Sat, 12 Oct 2013 01:21:40 GMT

@09Lexie

There is nothing inherently illegal about gambling. Gaming law and regulations vary greatly from one location to the next but there is nothing illegal about odds discussion. I don't think this forum is the right place for talking about odds or gambling but that has nothing to do with the legality.

I've taken care in my responses to not encourage or endorse anything illegal or any dishonesty with Chase.

Re: Chase CC and Online Gambling

Anonymous — Sat, 12 Oct 2013 01:37:39 GMT

Under the Unlawful Internet Gambling Enforcement Act(UIGEA), banks are not allowed you process those transactions. Nothing is illegal about you betting on sports online but it is illegal for banks to allow the transactions. There have been many cases where the internet gambling site listed it as golf equipment, ect. which is ILLEGAL for them to do. The US government has shut down many off shore gambling sites and many people lost all their money that they had on those sites. I would be careful and NEVER lie to your bank saying its something other than what it really is. You have done nothing wrong or illegal about online gambling but the banks have from processing illegal transactions. All of the instances so far the banks have not got into any trouble from this but the websites have been seized by the US government and the money has been confiscated.