Just a follow up data point to my post above. Called recon this morning. She (not Jason thankfully) asked the standard questions about nature of the business, revenue, sales, advertising, personal income etc. then put me on hold to review my credit pull...

Came back and said I had 10 inquiries which would only be true if they were counting the 1 from yesterday, going back a full year and could see TRU as well as EXP... asked why I was seeking so much credit. I explained that I applied for multiple cards during the past year because I was interested in the various benefits being offered like hotel status, airline miles, no foreign transaction fees etc and that I thought those benefits were worth the annual fees for the cards. Added that I didn't necessarily want more credit and would happily split some from an existing account. Put me on hold again...then came back and asked why I needed another biz card if I had the Ink. I advised that the Ink was for a different business and explained what that was. Asked me what my monthly spend would be on the new card if approved. I said $1K. Put me on hold again...

Came back and said was recommending me for approval with just a $5K CL... will get final decision in 24-48 hours. Was not asked about the SW personal app which I did a few hours after the biz app. In closing she mentioned an unused card (10 months) that I have had since 2007 and asked if I wanted to be transferred to cust svc to cancel that one. I declined and said I would look into it and call in myself if needed. I'm planning to sacrifice that one for the personal SW card!

Keeping my fingers crossed on the approval for this one and if I get both that will be it for me for quite a while. I may need to take a year off from apps (well, except for my every other month Citi HH card lol).