Originally Posted by
penner42
While you can't move credit between business and personal cards anymore, I wonder if preemptively lowering a business credit card's limit would help. My Business Explorer card had a limit way higher than I needed, so I cut $10k off it in the hopes that it will help.
I got my personal Explorer on 6/20, and they didn't want to extend me more credit. I moved stuff around then. This time, in addition to reducing my business Explorer limit, I reduced a few of my personal card limits. Hopefully I get a nice automatic approval on Sunday.
It will help no doubt. I lowered my ink by 80% but got an lesser return on the personal side. Chase said because the Ink offers an "Flexible spending credit" so they were able to go much higher.