Why have some people have their chase credit card closed?
Since the bailout many banks have been tightening up their credit card accounts. I myself was sent a letter from Chase telling me they were closing my credit card account because I hadn’t used it in 24 months. I think Chase is closing a lot of inactive accounts because they are trying to lower there credit liabilty. It’s too bad though I really liked the Chase Rewards. Hopefully things will work out.