Originally Posted by
JoeJetplane
If planning to re-apply for a Chase credit card promotion, for a card currently owned for several years, is it generally recommended to cancel the card for a certain time in advance of the next application?
Does Chase consider "old application to new application" time or "cancelled old card to new application" time?
Thanks very much in advance!
If you're looking at, say, the Freedom card, you probably won't get the bonus again. Chase is pretty strict about not giving a second bonus for the same card.
Now, if it's an old United or Continental card, the new UA MP card is considered a "new" card. Either way, I'd probably keep it open to try to leverage the credit line.