This is not a good guess. Chase announced they were closing these accounts in April 2018, and tried to have them closed by March 2018. The reason was that Cha

This is not a good guess. Chase announced they were closing these accounts in April 2018, and tried to have them closed by March 2018. The reason was that Chase was getting out of it's relationship with J.P. Morgan. It's now over a year later, and due to contractual obligations can't legally force people to pay their full balances all at once. Other than continuing their relationship with J.P Morgan until all cardholders payed off their balances in full, this was the only other option.