Originally Posted by
bgriff
Is the "traditional" Chase application strategy to reduce CLs on other cards held with Chase, or do CLs with other lenders also seem to matter (or do we have any idea)? I am planning to apply for the CSP soon with 4 new other cards in the past 2 years, and have one Chase card (Freedom) with an $8K credit limit, but several cards each with much higher limits at Amex and a few other lenders. Any thoughts on whether lowering the Amex limits would have any value, or do they not matter?
In my experience having high limits with other banks only increases the likelihood of the bank you apply with giving you a higher limit. However I am not sure if this has changed recently but no one has brought it up to my knowledge when speaking with a recon agent.