I had a credit card with Providian Bank which was then transferred to WaMu... and then Chase took over WaMu.
I tried to charge $89 yesterday and was embarrassed to find out it was declined. I checked online and was over $1, 000 below my limit and my payment wasn't due yet so I contacted Chase.
That's when I found out my account had been cancelled in July! The reason? I was using up too much credit on my credit cards. So even though I'd NEVER EVER been late on ANY credit card nor had I EVER gone over my limits on ANY credit card, Chase canceled me.
I looked further online and saw a slew of complaints about this - mostly Chase and Amex. It's insane - why cancel people who have never missed (or was late on) a payment?!