Lowering your credit limits with other banks would increase your credit utilization (unless it's zero, which is not good either) and that could negatively impact your Chase approval via human and (possible) automatic too.
Yea..............in real life it doesn't work that way........Do you even churn heavy ?
Ask Happy or Brugge about lowering credit limits
Originally Posted by
NYCRuss
Your FICO scores will still drop. You're also likely to get smaller limits as you are now demonstrating an ability to responsibly handle credit at a reduced level.
Not true............do you have real life experience to back that statement up ?
My facts show the only difference lowering credit limits make ( on cards you don't use) is instant approval.................my last ~25 apps were all instant approval and I lower my CL to $2k on every card I get ( over 20 in the past 2 years) after I make the spend