Airhead wrote:
A bank usually will have a valid reason to close an account without the account holder's permission.
I don't think so. The media has run reports of people, who have a good credit history, getting their cards cancelled for using it at the "wrong" merchant. Specifically, if you use your card at a merchant where a lot of credit card defaulters shop you then become a candidate for cancellation. Other examples: Have marital problems? Don't put the counseling fee on your credit card---unless you want the card cancelled. Don't charge anything at an establishment that is more of a bar than a restaurant.
As to the idea of (US-based) airline branded credit cards in general: Anyone who gets one of these deserves whatever they get! A holder of this type of card is simply a participant in the fraud that is most airline frequent flier programs. Southwest, and possibly Alaska, may be exceptions.
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