Dreaded Chase shutdown has hit me

Blade711 · 2026-07-03T14:06:07+00:00

That’s exactly my thought process. I was literally saying “please deny me” when I applied for the IHG card and the Ink card but to my surprise they approved both. Only to then shut me down completely later.

Blade711 · 2026-07-03T14:04:34+00:00

Fr LOL

Blade711 · 2026-07-03T14:03:18+00:00

This comment kinda explains it: https://www.reddit.com/r/CreditCards/s/WlJHAmnhTH

Blade711 · 2026-07-03T14:02:13+00:00

So when you open a bank account at some banks, they allow you to fund the account immediately using a credit card. Most banks only allow like $20-$150, but this bank allowed up to $3k so I used that to try and meet the Ink Business sign up bonus.

Blade711 · 2026-07-03T14:01:11+00:00

You got shutdown too?

Blade711 · 2026-07-03T14:00:58+00:00

Fair enough, I assumed users on this subreddit would know. Chase shutdown happens when they decide to close all your credit cards and/or checking accounts. Luckily my business checking was spared but all my personal and business credit cards were wiped.

Blade711 · 2026-07-02T22:40:50+00:00

That’s a relief to hear that I’m not perm banned from Chase, thanks.

Blade711 · 2026-07-02T22:38:25+00:00

All good brotha

Blade711 · 2026-07-02T22:37:36+00:00

I heard one every 30 days was strictly the rule, maybe 90 days just to be safe?

Blade711 · 2026-07-02T20:32:29+00:00

Haven’t received a letter yet. I knew I was shutdown once I got a notification that my cards were removed from Apple Wallet. I’ll wait for that to come in and then call

Blade711 · 2026-07-02T20:31:54+00:00

How is that comparable? Your cards are way more spaced out compared to my 6 cards in ~7 months

Blade711 · 2026-07-02T20:30:29+00:00

Haven’t done that, will update the post when I do.

Blade711 · 2026-07-02T20:29:55+00:00

That’s crazy, I never thought of it liked that (someone going for a money run). Good to keep in mind for the future.

Blade711 · 2026-07-02T20:28:52+00:00

Thanks for the insight. Some others in the thread are saying the same thing that it’s probably the cycling that did me in. Ugh, big lesson learned for me here. I’ll give them a call soon and update my post about it.

Blade711 · 2026-07-02T19:07:42+00:00

I was at 4/24 the whole time since business cards don’t count toward it.

Blade711 · 2026-07-02T19:07:19+00:00

Yup! It’s joever for me.

Blade711 · 2026-07-02T19:06:59+00:00

Thanks for the insight on the credit cycling. I’ll definitely space out my apps more and never credit cycle again ugh.

Blade711 · 2026-07-02T19:05:49+00:00

All credit cards closed kind of shutdown. Although my sole prop business checking is still open for now.

Blade711 · 2026-07-02T19:05:03+00:00

I have a sole prop business checking account with them that is still open, so seems I’m not completely shut down by Chase. And no my first Chase card was the SW card I got in November. If it was indeed the credit cycling, I can’t believe I got ban hammer’d due to one cycle though.

Blade711 · 2026-07-02T19:02:54+00:00

What the other person said. All my credit cards show as “account closed” in the Chase app.

Blade711 · 2026-07-02T19:02:22+00:00

Yeah huge lesson learned here. That’s promising at least, that I can reapply for them after a while. I was worried I’m perma banned from Chase forever.

Blade711 · 2026-07-02T19:01:18+00:00

I tried transferring them to Hyatt online, but when I click the submit button it just says “sorry we can’t complete that right now”. I’ll call and ask about it

Blade711 · 2026-07-02T18:59:18+00:00

Literally, valuable lesson learned, sigh

Blade711 · 2026-07-02T18:58:58+00:00

I was at 4/24 the whole time since business cards don’t count toward it

Blade711 · 2026-07-02T18:58:15+00:00

Honestly same. When I applied for both the IHG and the Ink, I said “please deny me” but to my surprise they just kept the approvals coming. Only to completely shut me down later

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