FlyerTalk Forums - View Single Post - Chase Sapphire Preferred is now 40K [$3000 in 3 months]
Old Jun 10, 2011 | 8:16 am
  #245  
booyaa
All eyes on you!
15 Years on Site
 
Join Date: Dec 2009
Location: ROC
Programs: Anything CC gives me
Posts: 1,119
Originally Posted by opus2002
So, I got three accounts with Chase. A really old stale, a BA opened April, and a Priority Club opened in May. Should I close the old stale card first before applying? Should I wait 6 months (beyond the required 30 days) first?
From others' and my own experience, 6 month gap is a myth. 30-day gap is generally ok. I waited close to 60 days before applying again.

Do not close your old stale ahead of time. Open accounts are "leverage". Let them suggest what approach to take. They may not need to close any account. They may only need to shift credit limits. They may need to close an account, which then you may suggest which to close. They may say they can't help you, then you may be able to suggest the previous two options.

If you applied to PC in May, I personally would choose to wait till July for another app with Chase.
booyaa is offline