So glad to hear you and your son are doing better. After the spate of bad luck you’ve had, no news seems like good news!
I’d agree with
@disneymagicgirl on timing; by your card count, getting another Chase card wouldn’t be any risk. Your last card was the SPG Biz in December, which Chase doesn’t count. Your last Chase card was the Marriott personal card way back in October 2017, almost 8 months ago. And you only have one Chase business card, the CIP, which you opened over 11 months ago. You’re 4/24, so you qualify for the CIC.
IIRC, Chase denied you because your business was too new and had insufficient business revenue, which I remember didn’t make sense because they’ve approved others with new businesses and much less revenue. Do you have any reason to bump up your revenue projections a little?
Maybe Chase looks at revenue as a factor of amount of credit extended? Amount of credit extended has to be it, because I think you were over 60% last month, right?
There’s no consensus on how long after reducing your credit lines with Chase will it have the effect of increasing your likelihood of auto approval for new cards. The reduction in credit line is effective immediately, but it doesn’t seem to get updated to your credit reports until Chase reports your account to the credit bureaus at the close of a billing statement. I don’t know if Chase’s approval algorithms are looking at data from their internal systems (which should have your lowered amounts, and presumably your biz card credit lines) and/or from your credit reports. I tend to err on the more cautious side, reduce a credit limit a month ahead of when I think I’ll apply for a new Chase card, and wait until my credit report is updated.