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?