@Anonymous wrote:
@dapps06 wrote:I recently applied and was approved for a Chase Slate, I wanted to transfer a balance. I was approved for a very small limit however, 700, so the card became worthless before it was even shipped. I tried the recon route three times with no luck, tonight I called to see if I could transfer the 700 over to my Freedom and surprisingly they let me. I don't even have the Slate card yet! That is awesome. Amex told me I have to wait a year to transfer limits.
I figured I'd post this for anyone that doesn't know Chase offers immediate limit transfers. I also had him transfer the small limit on my Amazon rewards, 1000, and had him close that account too. So now I have only one Chase card with a limit of 4200. I so badly wish Cap One let you do this, and that Amex didn't make you wait a year.
If they can approve me with 58 inquires you got a way better chance.
Choke *cough*cough. 58 approvals?! You sir must have a silver tongue in the recon world. My hats off to you!
@takeshi74 wrote:
@dapps06 wrote:I recently applied and was approved for a Chase Slate, I wanted to transfer a balance. I was approved for a very small limit however, 700, so the card became worthless before it was even shipped.
That's the catch 22 with BT cards. When you really need one you probably have high utilization which can impact not only approval odds but the limit granted and APR as well.
My overall utilization actually isnt that bad, around 15 percent. And at the time that I applied I had nine cards with seven posting a zero balance. I think the low limit had more to do with the number of recent inquiries ( I think I have around 10 in the past month) and new accounts, six in the past month.
@Anonymous wrote:
10 across all 3?
Just checked, 12 total across all three, 5 on Experian which is what Chase usually pulls for me. Half of those 12 are Cap One for pulling all three for the two cards I opened recently.