I would like to cancel my Southwest credit card and reapply to get the 65,000 point bonus so I can earn the companion pass again. I am nervous about the process though since I’ve never tried this before.
I am 4/24 (four new credit cards in the last two years), so that seems OK.
It’s been longer than 24 months since I received a sign-up bonus on that card.
The current 65,000 point offer runs until 7/14.
My biggest concern is that I recently got a Chase Freedom card and was given a ridiculously tiny credit limit ($800 instead of the $11-14K I am usually given on a card). I am guessing that is because I already had so much credit with Chase (across 4 other cards), but it does make me nervous about the possibility of that happening again.
- Has anyone done this recently who can report their experience?
- When I call to cancel am I going to get hassled for the reason why I want to cancel? (Help out an introvert with phone anxiety!)
- Do I need to wait a certain amount of time between canceling and reapplying?