Originally Posted by
cheaptom
Hi,
Do we have any DPs on opening/churning a second card while still owing money on the first? I always pay off the full balance then lower the CL on existing cards before applying for new. But this one time, I'm unable to pay off my full balance on Card
#1 for a few weeks, but I want to apply for
#2 before the mailer expires. Card
#1 has a CL of $6,000 and I owe $3,700, with $2,300 to spare.
Typically, they approve my opening CL for new cards around 11-17K. Thoughts? Thank you.
I opened 3 with 30+ days in between each. By the time I got
#3 I had some spend on
#1 and no spend on
#2 . (All are being used in rapid succession for remodeling.)