Bummer. I'm sure you know this, but their stated reason is more like a stated reason given your overall profile. WF will accept people with more inquiries and a WF app on the same day given whatever other overall profile they're looking for. One thing I don't quite know is whether the stated reason is like randomly chosen from a list of reasons or like their "top" reason. In all honesty, it often seems to me like a randomly chosen reason among their reasons.
I also think (without evidence though) that an important, possibly under-appreciated factor is that they may be looking for certain profiles at any given time. I feel like lenders are a bit more permissive/lenient prior to the holiday season, for example, but now who knows, they might have a mandate to capture people who have 2 or more Chase cards or something random like that. I'm totally spitballing, but businesses probably make decisions based on whatever internal data they want to address/massage. Feel free to tell me I'm totally wrong if it's known that I'm totally wrong. It wouldn't be the first time ... even this afternoon ... where that's the case. 
@CreditCuriosity wrote:Move on to another lenders/card. WF's likes some and dislikes other profiles just as other lenders likes/dislikes some profiles. I have never been able to get a WF card due to too much available credit basically which is fair and accurate. If you have been with them awhile and had other cards with them when more thin profile likely to get approved for more cards with them and if not well you won't. Most recent denial with wells fargo was a 841/850 for me if that says anything and 4/24 was at time of most recent denial. Others have been approved 670+ for WF's card it isn't all about score but many factors. Others might have different thoughts about them but now I just open a checking account each year collect bonus and close it to show them how i personally feel about them. Many ways to milk a cow. I hate the bank personally due to ethical issues beyond most other banks but it is a challenge I have always failed on obtaining a CC with.
Ha, I'm in the same boat. But not for too much credit. They have stamped me with fraudulent idenity in their secret CC profile fraud department and refuse to correct it, even with the pleas from a bank branch manager. So I stick it to them for the checking SUB, a little over once a year. Just got a new mailer for $400 by April 16th. Time to collect again. LOL
Guess it's not just CU's who will deny for too much CL, as I have experienced also. Thus my preference to maintain as low of a total CL as reasonable.
