@Anonymous wrote:
That is risky. Applying for another card to replace the one you already have. You could get declined, get a lower limit if approved. Plus your credit history is short. How much is the annual fee? I think you're better off leaving well enough alone by keeping your existing card and letting your file get more history.
That's why I'd apply for the new card(s) first, starting with the other airline card that actually has benefits he could use. Then if he can get a second US Bank card he could just move the limit over from the annual fee card, end up with a higher limit and no fee. Of course if they decline then that's not going to work, but he did say that his scores were in the 720-30 range I think, so I would assume he should have a decent chance?
In any case, I think I'd say to apply for the Asiana card regardless, if you'll be using the airline and could benefit from the perks then it's probably worth it. If you get approved for that then you can think about what to do with the older card, no particular rush there, and if it's denied then I'd definitely keep the old one open desite the annual fee.
