Holly Cow Chase Southwest and question about redistribute

[john398]

Ok since I play to fdly Southwest a lot more and they are running a special with miles I thought I would apply for 50,000 points offer

My cureent cards with Chase are a Chase Freedom at $2000 Credit Limit and a Chase Disney Card (not the premier) at only $500

Now I wonder if they will redistibute any of those credit lines, or what the time frame is on that request, I rather not have a measly $500 on Disney

Well after applying I get this:

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Congratulations! Your application for Southwest Airlines Rapid Rewards Premier Card has been approved.

You will receive your new card and your Cardmember Agreement within 7-10 business days. When your card arrives, please call the toll-free number provided to confirm receipt.

• Your new account has a Credit Access Line of $12,000.
  If this does not meet your needs, you can discuss available credit line options with a Customer Service Specialist when you call to confirm receipt of your card.

• Your Purchase Annual Percentage Rate (APR) is 15.24% variable.
  For all rate, fee and cost information, please refer to the Cardmember Agreement you'll receive with your card.

Note: If your application included balance transfer requests, those requests are still under review. You'll receive information about your requests in the mail within the next ten business days.

Thank you for choosing Chase.

Please print this page for your records.

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[enharu]

Grats! Chase is usually more generous with their co-branded cards. I think you will have to wait 12 months before you can move the southwest CL around.

[09Lexie]

Congratulations! That's a nice cl!

[john398]

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@enharu wrote:
Grats! Chase is usually more generous with their co-branded cards. I think you will have to wait 12 months before you can move the southwest CL around.

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Thanks, Also I guess this is a signature card

https://creditcards.chase.com/a1/southwest/2ffpromobox

I know theres a $99 annual fee, Does Chase report limits?

[enharu]

Chase does report limits.

Its a great card especially since you will be flying southwest frequently.

[myjourney]

Congarts on the card and the bonus........ nice

[john398]

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@enharu wrote:
Chase does report limits.

Its a great card especially since you will be flying southwest frequently.

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ok Good, I live in Dallas so yes even more so when  the Wright admendment gets lefted

[enharu]

I used to fly SW a lot when I was going back and forth LA and SFO 3-4 times in a week. 

I wish I knew about credit cards then. I used my WF card for all those purchases and didn't even have a rapid rewards account set up. All those miles gone...... 

50k miles is equivalent to a lot of flights if you redeem it at the cheapest rate!

[Irisa]

Congrats on the approval. Very nice CL

[CreditScholar]

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@enharu wrote:

I used to fly SW a lot when I was going back and forth LA and SFO 3-4 times in a week. 

I wish I knew about credit cards then. I used my WF card for all those purchases and didn't even have a rapid rewards account set up. All those miles gone...... 

50k miles is equivalent to a lot of flights if you redeem it at the cheapest rate!

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That's the exact same "milk-run" I used to make all the time.

There is an upcoming devaluation of SW points which was released this week, taking effect in March 2014. Approximate devaluation of 14%.