FlyerTalk Forums - View Single Post - Chase Sapphire Preferred - Keep, Downgrade, or Cancel?
Old Feb 25, 2013 | 11:33 pm
  #96  
lw7878
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Move credit limit when downgrading???

I downgraded my CSP to Slate because of the annual fee yesterday. I asked the rep if I moved the credit limit from CSP to another Chase card, would that have any negative impact to my credit score? She said they might do a credit inquiry but it all depends. I didn't want to take the risk so nothing moved. Now the downgrade is done, what is the chance of moving the credit limit? Is that even a good idea?

I'm just trying to prepare for the future churning so that I have a good amount to give up for new accounts. If Chase is Ok to pull credit limit from more than one account to open a new card, then I am fine with leaving my credit limit exactly where they are. Any advise?
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