FlyerTalk Forums - View Single Post - Is a "promotional card application" hiatus a good idea?
Old Aug 26, 2015, 6:44 am
  #11  
shinypenny01
 
Join Date: Feb 2014
Posts: 68
Originally Posted by mileshound
Take 3 months off. In that time reduce the credit line to $4k-$5k on each card. There are 2 things you are in danger of: 1) too many apps and 2) too much credit. By reducing the line on each card you free up credit - both overall % of income and amount each bank will give you. Others say do not do this, just call in when app is pending and move credit around. I prefer to be proactive and reduce it so there is less hassle later.
I second this. I took a similar approach near the beginning of this year. Since then been auto approved for 4 cards, recon once. Barclays BOA and Chase all willing to extend me more credit. Still yet to get a denial with ~30 apps in 21 months.
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