I got a great offer for a Chase card. I am 100% against hard inquiries and watch my scores VERY closely. This offer was going to play well in to my vacation plans in October. 3 miles for every dollar spent, 5% rewards, No baggage fee and preferred boarding. Reluctantly, I accepted the inquiry and applied.
I have three Chase accounts. I received notice that my application was approved and I would get my card in the mail. I went to their site to see what the limit was since the letter didn't say.
Well the jacktards gave me a decent credit limit, but they lowered another card's limit, by that exact amount. WTF?
I have zero debt aside from my house. Why would they do that? I'm low risk.