Originally Posted by ctbarron

It's worth a try if you can take the small credit ding. I would NOT cancel the UA card first. Just apply for the CSP. If you do not get approved call Chase and negotiate - switch limits, cancel cards, etc.

One other thought. Do you have a definitive plan for using these points/miles? If yes, carry on. If you're just stockpiling you may want to consider if you are better off waiting and building more of a credit history. This will be more valuable in the long run.