CHASE CARD SERVICES Chase Credit Cards RIPPED OFF - GOT CARD CANCELLED FOR BEING A GOOD CUSTOMER! Wilmington, Delaware

"habanerosi" - Being the biggest smart a*s in the room does not make you:

A - Correct

B - An adult.

I am well aware of how credit scoring works, having worked in that particular industry myself. I know what it means when a credit line is closed, especially if it was not closed by the consumer. I will now restate my question, a bit more simply so perhaps even your "adult" mind can grasp it. Where is the RIP OFF?

Credit card companies are at liberty, whether we like it or not, to close credit card accounts for any reason, or NO REASON AT ALL. If the bank does not feel they are making enough money on an account (because the card holder pays the entire balance in full each month, for example), they may decide to close the account. This does not mean the consumer did anything wrong. However, this act by itself does not constitue a rip off.

The OP did not state their credit being damaged (and the closing of one account will do some, but limited, damage to a good overall credit score) caused them to lose anything or somehow took money out of their pocket. Their complaint seemed to be that closing the account somehow ripped them off of the motor club dues they were paying. This was obviously not true. Therefore, I ASKED where the rip off was.

Perhaps if you took time to read my response instead of attempting to showcase how the anonymity of the internet can make the small feel important, you would have understood what was actually being said, "junior." Next time open your eyes, close your mouth and you will be one step closer to actually being an adult.

Once again, I ask - Where is the rip off here?

Kevin,

Perhaps you are not aware of how the credit scoring system works in our country.  See, when a line of credit is closed, a consumer's rating can be damaged in two ways.  First, their average age of accounts takes a ding, lowering their score.  Second, their available credit is lowered, also lowering their score.  If the OP is being truthful and their cards were in fact in good standing, then there was no reason for them to be arbitrarily canceled.

Study up, junior, and then you can come back to the adult conversation.

So...charging something on your credit card (a.k.a. borrowing the bank's money) and paying it back rips you off how exactly?

If you paid for motor club dues using your credit card and received the benefit of the motor club membership and then you paid the credit card bill - what did you lose?

I'm sorry, I see no rip off here. Just an upset consumer.