May 17, 2013, 10:08 pm
Last edit by: beltway
This thread is now archived. For later discussion, see the threads starting at May 2015 (now also closed) and January 2017 (current, with updated wiki).
Applying for Chase Credit Cards- Archived 2008-5/2015
Aug 13, 2013, 5:25 pm
#1261
Join Date: Jan 2009
Location: LAX
Posts: 670
I've been pretty conservative in my credit card churning (about 2-3 cards a year), but am getting a bit more aggressive and need some advice from those of you who have gone before.
I currently hold 3 Chase cards (Southwest, United, and Marriott) and have a pretty large combined credit limit with Chase between these three cards -- $75K. This is way, way, way more than I need.
My Southwest card's anniversary date is coming up in October, and I plan to cancel it before the annual fee is due.
But I also plan to apply for a Chase Sapphire Preferred in the next few weeks. I'm guessing there is a decent chance I won't be approved for it given that Chase has extended me so much credit already.
So, does it make sense to go ahead and cancel the Southwest card before applying for the Sapphire to increase my chances of getting the Sapphire? Or do I simply wait and call the reconsideration line if I'm denied the Sapphire and see if they can move credit limits around so that I can be approved? What has a higher chance of success? I'm planning to move most of my spending to the Sapphire and hold it long-term, so I don't want to miss my chance to get this card.
I currently hold 3 Chase cards (Southwest, United, and Marriott) and have a pretty large combined credit limit with Chase between these three cards -- $75K. This is way, way, way more than I need.
My Southwest card's anniversary date is coming up in October, and I plan to cancel it before the annual fee is due.
But I also plan to apply for a Chase Sapphire Preferred in the next few weeks. I'm guessing there is a decent chance I won't be approved for it given that Chase has extended me so much credit already.
So, does it make sense to go ahead and cancel the Southwest card before applying for the Sapphire to increase my chances of getting the Sapphire? Or do I simply wait and call the reconsideration line if I'm denied the Sapphire and see if they can move credit limits around so that I can be approved? What has a higher chance of success? I'm planning to move most of my spending to the Sapphire and hold it long-term, so I don't want to miss my chance to get this card.
Move the credit limit from the Southwest card to one of your existing cards, then close the Southwest card. Then when it comes time for the Sapphire, move credit from an existing card if necessary.
Aug 13, 2013, 5:46 pm
#1262
Join Date: Jul 2010
Location: SF Bay Area, CA
Programs: Marriott Silver
Posts: 133
Why not apply for the CSP and *if* you are not instantly approved, simply call the recon. line immediately and ask them to transfer all but $5k (the min for a visa sig. card) of that card's CL over to the CSP you applied for? And, only if you are unsuccessful in convincing the rep. to do so then offer to cancel the SWA card?
Aug 13, 2013, 6:11 pm
#1263
Join Date: Feb 2013
Location: NYC
Programs: UA 1K, AA EP, Hyatt Diamond, SPG Platinum, M life Noir
Posts: 1,279
I recommend you apply for the CSP first. If you don't get approved, you can offer to sacrifice your Southwest card in exchange for getting the CSP, or better yet, just transfer a portion of your CL.
Aug 14, 2013, 4:29 am
#1264
Join Date: Apr 2012
Location: BRU
Programs: Amex Centurion
Posts: 69
I vote with FindAway and bribro on not canceling the card until you see what they do on the CSP application. $75k in limits across 3 Chase cards is solid but not "high" per se. They may be willing to extend much more to you, but may label you a churner if you start canceling then reapplying for bonus-driven cards. That's not a label anyone wants with Chase, considering their sweet-tooth enabling card offerings.
Aug 14, 2013, 5:27 am
#1265
Join Date: Jan 2010
Programs: AA BAEC FL WN US SPG Marriott Hyatt UR
Posts: 145
Don't cancel anything. Apply for the new card first. If you get denied, then call recon. line and offer to reallocate credit limits. If get denied, hang up and call back. Another CSR may be more lenient. (I actually sent a secure message after a recon. denial, received a call back, and ultimately got approved 
) If still get denied, offer to cancel a cc. (I personally wouldn't cancel a Chase cc until six months from the date its sign-up bonus posted. I've heard of cases where Chase will claw it back if cc closed too soon).
) If still get denied, offer to cancel a cc. (I personally wouldn't cancel a Chase cc until six months from the date its sign-up bonus posted. I've heard of cases where Chase will claw it back if cc closed too soon).
Aug 14, 2013, 7:10 am
#1266
Join Date: Mar 2010
Programs: United 1K MM, Marriott Gold
Posts: 417
Before applying for the fourth card with Chase my situation was similar to yours. I already had 3 cards with a very large credit limit from the first card. When I got the second card I had to move CLs around. The (no-fee) third card came with only $500 CL. Again I moved CLs around.
Recently I sent in the application for the fourth card, a Visa Signature, even as I was wondering whether Chase would extend more credit to me. To my surprise I received instant approval with $5,000 CL.
Recently I sent in the application for the fourth card, a Visa Signature, even as I was wondering whether Chase would extend more credit to me. To my surprise I received instant approval with $5,000 CL.
Aug 14, 2013, 12:31 pm
#1267
Join Date: Jun 2012
Programs: AA EXP, Hyatt Globalist, *A Silver
Posts: 4,896
I went to the teeth doctor today to consult about Invisalign, the clear teeth-alignment braces usually used for adults. The doctor came up with an estimated bill of $4500, and the first thing that came to my mind was "I need to do this after applying for my second Ink."
Aug 14, 2013, 12:52 pm
#1268
Join Date: Feb 2013
Posts: 1,818
It's pretty sad (but really awesome) that we all have a mindset like this...
Aug 15, 2013, 3:21 pm
#1269
Join Date: Aug 2013
Posts: 1
Swap new Chase Ink Biz for existing SW/BA Visas
I'm looking to get a Chase Ink Visa business card for my new S-Corp....seems like a great card with solid benefits, plus the 50k free miles.
The issue is that I currently have both a Southwest Visa and a British Airways Visa through Chase. I applied for a third Chase Visa a few months ago and was denied, basically because I already have two Chase cards.
I no longer need the SW or BA Visa - I'd be happy to "trade" them for a single Chase Ink Visa. Is there a good way to go about attempting that move? Call Chase, etc? Cancel the other two cards, wait, then apply for the Ink card? Any and all help is appreciated.....
The issue is that I currently have both a Southwest Visa and a British Airways Visa through Chase. I applied for a third Chase Visa a few months ago and was denied, basically because I already have two Chase cards.
I no longer need the SW or BA Visa - I'd be happy to "trade" them for a single Chase Ink Visa. Is there a good way to go about attempting that move? Call Chase, etc? Cancel the other two cards, wait, then apply for the Ink card? Any and all help is appreciated.....
Aug 15, 2013, 3:33 pm
#1270
Join Date: Aug 2013
Location: Here
Posts: 44
Applied for the Ink Plus two days ago, no instant approval. Called automated app status line and it said pending and they'll let me know by mail in approximately 2 weeks. Should I call to talk with a live person, or just wait. No rush to get card, but I do want it!
Aug 15, 2013, 4:46 pm
#1271
Join Date: Feb 2013
Posts: 1,818
Applied for the Ink Plus two days ago, no instant approval. Called automated app status line and it said pending and they'll let me know by mail in approximately 2 weeks. Should I call to talk with a live person, or just wait. No rush to get card, but I do want it!
Aug 15, 2013, 5:03 pm
#1272
Join Date: Dec 2010
Location: Indianapolis
Programs: Hilton-Diamond Lifetime Platinum AA UA, WN-CP, SPG Gold.
Posts: 7,377
I have a Chase Ink, Business, SW Business, SW personal, United, BA, Sapphire, and a few others,
Why not open a Business Checking Account with Chase,
I don't think 2 cards is a reason for a decline, show Chase some Love.
Why not open a Business Checking Account with Chase,
I don't think 2 cards is a reason for a decline, show Chase some Love.
Aug 15, 2013, 7:27 pm
#1273
Join Date: Feb 2013
Location: PHL, maybe EWR
Programs: Plat IHG, Marriott Rewards Silver, CSP, Ink Bold, USDM, *Wood Gold, AA, Club Carl
Posts: 285
Definitely call. Chase recon is a breeze. Just expect to answer some general questions about you and your business and you'll be approved.
Applied for the Ink Plus two days ago, no instant approval. Called automated app status line and it said pending and they'll let me know by mail in approximately 2 weeks. Should I call to talk with a live person, or just wait. No rush to get card, but I do want it!
Aug 15, 2013, 7:49 pm
#1274
Join Date: Aug 2013
Location: Here
Posts: 44
The only dead people I talk to are at Citi, I don't think they have a heartbeat 
Thanks, guys, will do. Legit biz, so no worries, just that I've never had biz credit before.
Thanks, guys, will do. Legit biz, so no worries, just that I've never had biz credit before.
Aug 16, 2013, 10:03 am
#1275
Join Date: Jul 2013
Location: Austin, Texas
Posts: 400
I had the same thought when my wife and I decided that it was time to buy "big girl beds" for our toddlers. I'm pretty sure I can make minimum spend on a card from this purchase