I'm in an interesting (and good) position with regards to Chase and want to hear some thoughts. For the past ~2 years I've kept my apps across all banks to only business cards, with a few personal cards thrown in there. Last month I had pre-approval on the CSP (3 new personal accounts + 1 Ink+ in the past 24 months). I applied and got instant approval.
I currently have the INK+, 2 Freedoms, and the CSP with Chase and a combined $30k credit exposure for Chase. Maybe $20k exposure with other banks because about a year ago I closed all cards that were not fee-free. My reported income is ~$55k.
Is that to much exposure? I don't mind lowering credit limits, especially on the Freedoms because I only use them for 5% cats and the only MS opportunity I have is grocery stores.
So, I've been trying to decide if I want to apply for another Ink+ that I have a targeted snail mail code for, a SW personal +Biz if I can swing it, PC one of my freedoms to the new FU, or try for Personal + Biz Marriott.
I transfer my URs to Southwest. I have ~60k Marriott points and no other hotel points. I do have ~150k AA points in reserve as well. I only fly about twice per year due to limited vacation plans, so although I love SW, the CP isn't my goal, but would be a nice little bonus to make the SW points go a little further.
What are my chances of getting a 2nd Biz card through Chase? Thoughts, or a different strategy? I've been trying to calculate some different valuations, but it's been quite difficult, especially if I only end up being approved for 1 chase card and not a combo.
Currently multiple MS opportunities that I still have available.
After I max out my opportunities with Chase I will move on to other banks, like Citi AA (18 months almost up since closure), perhaps Amex + Citi HH. Maybe some BOA cash cards.
Lots of info, so sorry and congrats if you read through it all!
