Originally Posted by
Brugge
Not true. We have been doing this with every bank for over a year. Before we lowered our CLs, we were getting CLs of $5K to $8K with Citi and Chase, and typically had to call Recon to get approved.
We now get instant approvals in the $18K to $23K range with Citi and Chase. And Citi lists my EXP CR as 830, despite my @15 apps per year.
That's a specific situation with limits from the same bank as the card application. Lowering limits with Citi won't help with Chase approvals. It might help with Citi approvals, but not with Chase approvals.
Unless you've controlled the CLDs, and it doesn't sound like you have, you can't establish utility in CLDs with other institutions.
The credit analysts that I've read on this subject back it up.