Call or No Call
Jan 18, 2012 | 12:47 pm
#1
Original Poster
Join Date: Dec 2008
Posts: 378
Call or No Call
I'm not sure if there's a right or wrong answer to this, but I'm curious. For churners and serial credit card applicants, do you think you have a better chance for approval by waiting for the application-declined letter, then requesting to move credit lines or close other accounts from that cc issuer, or is it better to proactively call to check the application status and ask to speak to a credit analyst if denied?
I almost always wait for the application-denied letter (or approval), then call to move credit lines or cancel open cc account I'm not using from that cc issuer to horse trade for approval. And this works about nine times out of 10 for me and my wife.
But is the other way better?
I almost always wait for the application-denied letter (or approval), then call to move credit lines or cancel open cc account I'm not using from that cc issuer to horse trade for approval. And this works about nine times out of 10 for me and my wife.
But is the other way better?
Jan 24, 2012 | 7:31 pm
#3
Join Date: May 2011
Location: Illinois.
Programs: Switched from UA 1K to AA so I could earn EQD's on partners. Mid-tier on most major hotel programs.
Posts: 542
If you are pretty sure that you know what the max imits the issuer will let you have without additional approval, then I would just go ahead and call in advance to change the limits (without necessarily mentioning the new card). . . but maybe that's because I just don't want rejection! 
Obviously you would not want to ask for anything that might cause them to pull your credit before you apply for the new card, so as to avoid two credit inquiries. But, it's not likely a big deal either way.
Obviously you would not want to ask for anything that might cause them to pull your credit before you apply for the new card, so as to avoid two credit inquiries. But, it's not likely a big deal either way.