Preventively asking to decrease credit card limit to apply for more chase cards?
 

I have chase freedom 4000, united mp 5500, sw personal 9000, sw biz 5000. Is there a minimum amount before a signature cards is downgraded to regular visa? Should I call chase to decrease my limit so I can apply to more?

You probably miss this thread:

http://www.flyertalk.com/forum/miles...ccp-forum.html

The Visa Signature card will have to have a min of $5000 limit. (just a FYI, its a not a answer to your question)

I personally think this is a bad idea. This is not preventive action to get more chase cards but actually handicaps your negotiation powers.

If you sacrifice your credit line now you give up an important asset that you could use to get approved for a credit card that you are declined for. If you tell them you can transfer your credit lines around you can often times get them to reconsider your application and approve your new credit card while transferring your credit lines around.

I would hold off on voluntarily decreasing your credit lines.

Just my 2 cents and YMMV.

A better idea is to apply for the card that you want, and if you get a denial letter stating that you have too much credit, you can call Chase and ask to reduce your credit on one open account to allow you to get a second account.

But since all of your credit lines are pretty low, you don't have much room. If you have a card with three months of no activity on it, you can call Chase and ask to have the credit limit combined with another account. The first card gets closed, at the request of consumer, and your total credit limit to debt ratio is unchanged, so no bad impact on your credit score.

I agree with the above two comments.
Perhaps combine cards, as skimple states, and don't give up your negotiating power, as thetravelabstract describes.
Even the agent at SWAir/chase seemed to think calling after a denial to combine cards/lower another card was a pretty common approach. Once you give it up it may be harder to get back.