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NEW AND FINAL UPDATE** Chase closed out all of my cards with them..LOL!!

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Anonymous
Not applicable

Re: Chase closed out all of my cards with them..LOL!!


@Ysettle4 wrote:

@BluePoodle wrote:

How many new accounts did you open in the last 12 months?

 


9 during the course of 2014, 1 this year - the ritz card.


That's scary.  Were you keeping high balances on the chase or other cards?  This stuff worries me

Message 11 of 371
Creditcurious74
Frequent Contributor

Re: Chase closed out all of my cards with them..LOL!!

I'd be very upset but I really hope Chase would reopen your accounts. Please keep is posted as this would help someone who is going through same situation.

Message 12 of 371
BluePoodle
Valued Contributor

Re: Chase closed out all of my cards with them..LOL!!


@Zelaya wrote:

I'd be very upset but I really hope Chase would reopen your accounts. Please keep is posted as this would help someone who is going through same situation.


Or better yet to avoid this situation all together!

CapOne $7500 | Discover $8500 | Amex ED $25K | Barclay SM $5700 | Chase Disney $500 | Chase Slate $5K | Target $3K | Hilton Amex $2K
Gardening Since 4/3/2017
Message 13 of 371
mongstradamus
Super Contributor

Re: Chase closed out all of my cards with them..LOL!!


@BluePoodle wrote:

@Zelaya wrote:

I'd be very upset but I really hope Chase would reopen your accounts. Please keep is posted as this would help someone who is going through same situation.


Or better yet to avoid this situation all together!


This is one thing i hate about CCC you don't know what limits they have placed on you before they will just close everything. I opened 5 cards last year, 4 within last 3 months i hope i won't get my accounts closed as well. 



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 14 of 371
Anonymous
Not applicable

Re: Chase closed out all of my cards with them..LOL!!

that sucks!

 

thats why its good to have different lenders 

Message 15 of 371
chalupaman
Super Contributor

Re: Chase closed out all of my cards with them..LOL!!


@mongstradamus wrote:

@BluePoodle wrote:

@Zelaya wrote:

I'd be very upset but I really hope Chase would reopen your accounts. Please keep is posted as this would help someone who is going through same situation.


Or better yet to avoid this situation all together!


This is one thing i hate about CCC you don't know what limits they have placed on you before they will just close everything. I opened 5 cards last year, 4 within last 3 months i hope i won't get my accounts closed as well. 


I completely agree with you. With Citi, I really did not think they'd care about me having two store cards with them as well as the one I already had for over a year. I'm never understimating store cards like that again.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 16 of 371
Membersince2013
Valued Contributor

Re: Chase closed out all of my cards with them..LOL!!

OP, do you have a Checking account with Chase?

Arrival+ | Barclaycard Rewards Mastercard | Citi Double Cash | CapOne QS (2) | Citi Diamond P | Freedom | Fidelity Amex | Amex Plat | Old Blue Cash | PRG | SPG | BCP | HHonors Surpass | Cap1 Venture | Discover | CSP | Cap1 Venture1 | BOA CR&TR (2) | Ritz Carlton | Southwest Rapid Rewards | Hyatt (2) | US Airways Mastercard (2) | Wells Fargo Rewards Visa | Marriott Premier (2) |

Fico Scores as of 2/21/15 - EX: total crap, TU: total crap, EQ: total crap
Message 17 of 371
B335is
Moderator Emeritus

Re: Chase closed out all of my cards with them..LOL!!

How many Chase cards did you have? Also curious if any banking relationships. What is your aaoa?
Message 18 of 371
lord_kinbote
Established Contributor

Re: Chase closed out all of my cards with them..LOL!!

OP, can you please share some specifics in regards to balances on your Chase accounts?  I see you opened three Chase accounts in 2014 and one in 2015.  This is pretty much identical to my relationship with Chase.  I opened the Freedom, CSP and Amazon.com in 2014.  I was just approved for the Chase Marriott yesterday, so this news is a bit spooky.  I opened a total of 11 accounts in 2014 and as I stated, 1 in 2015.  My scores are EX: 730 EQ: 738 and TU: 763. I only let 1 card report a balance of 8% and it just happens to be the Chase CSP.  

 

I find it perplexng that they would approve you for an additional Chase account in 2015 and then turn around and close out all your Chase accounts.  I do not mean to sound accusatory, but was there any manufactured spending in order to meet spend requirements?  Last few times I have seen posting like this, it seems the poster hides critical details and once known, gives warrant to Chase AA - again, not saying this is the case here, especially since they specifically told you it was due to too many new accounts in the past 12 months.

Message 19 of 371
BluePoodle
Valued Contributor

Re: Chase closed out all of my cards with them..LOL!!


@chalupaman wrote:

@mongstradamus wrote:

@BluePoodle wrote:

@Zelaya wrote:

I'd be very upset but I really hope Chase would reopen your accounts. Please keep is posted as this would help someone who is going through same situation.


Or better yet to avoid this situation all together!


This is one thing i hate about CCC you don't know what limits they have placed on you before they will just close everything. I opened 5 cards last year, 4 within last 3 months i hope i won't get my accounts closed as well. 


I completely agree with you. With Citi, I really did not think they'd care about me having two store cards with them as well as the one I already had for over a year. I'm never understimating store cards like that again.


Yep! My Discover just hit a year old this Jan and my Amex, Barclay and Target will hit one year in May. So I think I am holding off until then.  I would really like to get in with Citi and BofA but I want to wait a while!

 

Keep us posted OP!

CapOne $7500 | Discover $8500 | Amex ED $25K | Barclay SM $5700 | Chase Disney $500 | Chase Slate $5K | Target $3K | Hilton Amex $2K
Gardening Since 4/3/2017
Message 20 of 371
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