Originally Posted by
Dr Jabadski
To each their own. FWIW, as a consolidate advocate, despite being at ~144/12 years, ~22 mostly biz open accounts, with only $1000 on CFU in the past year when it was basically my only Chase personal card, I’ve only had 2 Chase irreversible declines in the past 15 years, with average of 3-4 cards/year prior to 5/24 and 2-3 since 5/24 and both of those declines were “tests” to see if CPC was still a way around 5/24. Obviously I believe it’s better to consolidate that to lower, part of it for me is the devil I know (decline for too much credit extended) vs the devil I don’t know (how much to lower to).
To give the other side of the argument, I am a reduce advocate, and also have had very few irreversible declines, in general.
The deciding factor for me is, I absolutely hate having to call in to talk to anyone, so I would rather be rejected than call in. I always lower each business card to $1000 after all the spend posts and I pay it off.