[airhead]

Like I said and will be more than happy to say it again, "A bank usually will have a valid reason to close an account without the account holder's permission." What is the problem? If a bank is held liable for fraudulent activities on a card, then I think the bank has the right to close the account.

ifeghali has not explained why the account was closed so none of us know. I can tell you with certainty if he was late on a payment or 2 and made a large charge, then the account is subject to close. If the account was closed because it was transferred to another bank then he will receive notice and given a grace period to cancel.

If my credit card cancels me for shopping somewhere they don't want me to then they loose a customer who pays his bill. They loose the merchant fees from the transactions I make. How is that my problem? I will get another card from a bank who will be more than happy to have me as a customer. If I have bad credit, then I guess I am in trouble but then I wouldn't be using credit cards if I wasn't responsible. If the media wants to run a story on me because I made a purchase from a merchant who probably did not pay THEIR bill and then had my CC canceled as a result then I would say it is a good day for the world because that is a very boring story and I am glad nobody died.