Cappy Posted February 26, 2014 Posted February 26, 2014 I was asked by EO if I would close some cards to move to another by Cap 1. That tells me it is possible. I will confirm hopefully tomorrow if I had to or just a big CLI on its own. Your You're saying they offered you to move you CL from one card to the other on request, or they offered that if you were denied on the CLI? The lady from HSBC I am assuming, asked me if I was open to closing out my existing two capital one cards as part of the cli on the GM card. So not move in lieu of cli, but rather as part of getting a large line, in essence get partial CLI and part moving credit lines. I don't know if they ordinarily do that or not, but that was my phone call. I hope to hear from them in the next day or two, so will know and will report. Wait!! I thought you said cap 1??? Not HSBC CapOne bought HSBC. I'm aware of that, that's why I thought it was a little odd that he was speaking to HSBC. Quote
cv91915 Posted February 26, 2014 Author Posted February 26, 2014 I was asked by EO if I would close some cards to move to another by Cap 1. That tells me it is possible. I will confirm hopefully tomorrow if I had to or just a big CLI on its own. Please let us know exactly what you find out. If they do move limits we will definitely need to know if it was only if you closed other cards. That would still be very good info/news for some people! Quote
aeromaks Posted February 26, 2014 Posted February 26, 2014 I was asked by EO if I would close some cards to move to another by Cap 1. That tells me it is possible. I will confirm hopefully tomorrow if I had to or just a big CLI on its own.Your You're saying they offered you to move you CL from one card to the other on request, or they offered that if you were denied on the CLI? The lady from HSBC I am assuming, asked me if I was open to closing out my existing two capital one cards as part of the cli on the GM card. So not move in lieu of cli, but rather as part of getting a large line, in essence get partial CLI and part moving credit lines. I don't know if they ordinarily do that or not, but that was my phone call. I hope to hear from them in the next day or two, so will know and will report. Wait!! I thought you said cap 1??? Not HSBC CapOne bought HSBC. I'm aware of that, that's why I thought it was a little odd that he was speaking to HSBC. The eo for the two departments is still different. Cap1 regular eo is not in charge of HSBC, as others reported. Hence why I stated HSBC eo that is now cap 1. Quote
Cappy Posted February 26, 2014 Posted February 26, 2014 I was asked by EO if I would close some cards to move to another by Cap 1. That tells me it is possible. I will confirm hopefully tomorrow if I had to or just a big CLI on its own.Your You're saying they offered you to move you CL from one card to the other on request, or they offered that if you were denied on the CLI? The lady from HSBC I am assuming, asked me if I was open to closing out my existing two capital one cards as part of the cli on the GM card. So not move in lieu of cli, but rather as part of getting a large line, in essence get partial CLI and part moving credit lines. I don't know if they ordinarily do that or not, but that was my phone call. I hope to hear from them in the next day or two, so will know and will report. Wait!! I thought you said cap 1??? Not HSBC CapOne bought HSBC. I'm aware of that, that's why I thought it was a little odd that he was speaking to HSBC.The eo for the two departments is still different. Cap1 regular eo is not in charge of HSBC, as others reported. Hence why I stated HSBC eo that is now cap 1. Unfortunately, whatever response that is given to you is almost not applicable to anyone. Thanks for the response though Quote
BW1216 Posted February 27, 2014 Posted February 27, 2014 NFCU moved $17k from my Cash Rewards to a new Flagship Rewards, so I think they could be convinced. Quote
aeromaks Posted February 27, 2014 Posted February 27, 2014 I was asked by EO if I would close some cards to move to another by Cap 1. That tells me it is possible. I will confirm hopefully tomorrow if I had to or just a big CLI on its own.Your You're saying they offered you to move you CL from one card to the other on request, or they offered that if you were denied on the CLI? The lady from HSBC I am assuming, asked me if I was open to closing out my existing two capital one cards as part of the cli on the GM card. So not move in lieu of cli, but rather as part of getting a large line, in essence get partial CLI and part moving credit lines. I don't know if they ordinarily do that or not, but that was my phone call. I hope to hear from them in the next day or two, so will know and will report. Wait!! I thought you said cap 1??? Not HSBC CapOne bought HSBC. I'm aware of that, that's why I thought it was a little odd that he was speaking to HSBC.The eo for the two departments is still different. Cap1 regular eo is not in charge of HSBC, as others reported. Hence why I stated HSBC eo that is now cap 1. Unfortunately, whatever response that is given to you is almost not applicable to anyone. Thanks for the response though Actually, quite the opposite. If they are willing to move lines of credit, I am sure it is a lot easier for Cap 1 to Cap 1 legacy cards. Quote
Cappy Posted February 27, 2014 Posted February 27, 2014 Btw spoke to Cap 1. Just to confirm, no, you cannot move credit from one card to the other. Quote
cv91915 Posted February 27, 2014 Author Posted February 27, 2014 Will: American Express - Revolving Cards ("donor" card must be 13 months old; must leave $500 on "donor" card) http://creditboards....24538&p=4982507 Bank of America (may require an additional hard pull) http://creditboards....23680&p=4973996 Barclays http://creditboards....howtopic=487490 Chase http://creditboards....66509&p=4884063 NFCU http://creditboards.com/forums/index.php?showtopic=524538&p=4986200 Will Not: Capital One http://creditboards.com/forums/index.php?showtopic=524538&p=4986352 Citi (may let you steal from the CL on an existing card if that's the only way to approve you for a new card) http://creditboards....4413&p=4981395) GECRB http://creditboards....24538&p=4983844 NASA FCU http://creditboards....24221&p=4984470 Quote
cv91915 Posted March 6, 2014 Author Posted March 6, 2014 (edited) I just experienced Citi moving limits at the point of card approval also, just as BDK reported. They would only approve me for the Citi AAdvantage Executive World MasterCard for $5,000, unless I was willing to steal some available credit from one of my other two cards. They gave me the choice to reallocate UP TO (but no more than) $17,500 from my other cards, so I stole that amount from my Hilton HHonors Reserve card, whose days are numbered anyway. I wonder if the small limit on the initial approval on the new card was due to the almost $30,000 in combined CLIs I got on my other two Citi cards in January 2014. Will Combine: American Express - Revolving Cards ("donor" card must be 13 months old; must leave $500 on "donor" card) http://creditboards....24538&p=4982507 Bank of America (may require an additional hard pull) http://creditboards....23680&p=4973996 Barclays http://creditboards....howtopic=487490 Chase http://creditboards....66509&p=4884063 Citi (will under at least some circumstances at card approval) http://creditboards....4413&p=4981395) http://creditboards.com/forums/index.php?showtopic=524538&p=4990323 NFCU http://creditboards....24538&p=4986200 Will Not Combine: Capital One http://creditboards....24538&p=4986352 GECRB http://creditboards....24538&p=4983844 NASA FCU http://creditboards....24221&p=4984470 Edited March 6, 2014 by cv91915 Quote
cv91915 Posted March 24, 2014 Author Posted March 24, 2014 For those who have combined limits on Barclays cards: 1) Did you get a hard pull like I did recently when I reallocated limits on my B of A cards? 2) How many cards/limits did you combine? I'm thinking about attempting a Triple Lindy (3->1 limit consolidation). Quote
cv91915 Posted March 25, 2014 Author Posted March 25, 2014 For those who have combined limits on Barclays cards: 1) Did you get a hard pull like I did recently when I reallocated limits on my B of A cards? 2) How many cards/limits did you combine? I'm thinking about attempting a Triple Lindy (3->1 limit consolidation). Bumping my own questions. Quote
chugs102 Posted March 25, 2014 Posted March 25, 2014 Citi will NOT combine credit limits on established cards. I got denied last week when I tried to combine 2 limits and close the lower one. As far as re-allocating limits in order to approve new accounts, Chase and PenFed did it for me. Quote
cv91915 Posted March 25, 2014 Author Posted March 25, 2014 Will Combine: American Express - Revolving Cards ("donor" card must be 13 months old; must leave $500 on "donor" card) http://creditboards....24538&p=4982507 Bank of America (may require an additional hard pull) http://creditboards....23680&p=4973996 Barclays http://creditboards....howtopic=487490 Chase http://creditboards....66509&p=4884063 http://creditboards.com/forums/index.php?showtopic=524538&p=5001598 (will also reallocate in order to approve new accounts) Citi (will under at least some circumstances at card approval, but not between established accounts) http://creditboards....4413&p=4981395) http://creditboards.com/forums/index.php?showtopic=524538&p=4990323 NFCU http://creditboards....24538&p=4986200 PenFed (will reallocate in order to approve you for a new card) http://creditboards.com/forums/index.php?showtopic=524538&p=5001598 Will Not Combine: Capital One http://creditboards....24538&p=4986352 GECRB http://creditboards....24538&p=4983844 NASA FCU http://creditboards....24221&p=4984470 Quote
chugs102 Posted March 25, 2014 Posted March 25, 2014 Your categories are a bit confusing. If your goal is to seek higher CL by identifying creditors who will combine limits, then Citi shouldn't be on that list. Citi will SPLIT limits in order to open new accounts. I haven't seen Citi COMBINE limits yet. Quote
cv91915 Posted March 25, 2014 Author Posted March 25, 2014 (edited) Your categories are a bit confusing. If your goal is to seek higher CL by identifying creditors who will combine limits, then Citi shouldn't be on that list. Citi will SPLIT limits in order to open new accounts. I haven't seen Citi COMBINE limits yet. You make good points. "Reallocate" might be a better term than "combine" if I choose to keep the list intact, however as you point out the goal was to identify those who will let you combine your limits on existing cards to leave open one fewer, higher-limit cards than when you started. Edited March 25, 2014 by cv91915 Quote
cv91915 Posted May 14, 2014 Author Posted May 14, 2014 Has anyone tried to combine limits on two Barclays cards recently? I currently have: Rewards MC @ $7,500 US Airways MC (#1) @ $15,000 US Airways MC (#2) @ $9,300 I will never use any of these cards enough for Barclays to give me a CLI, and I'm hellbent on closing out the Rewards MC because it's, well, useless. Ergo, I'm thinking of closing the Rewards MC and transferring the limit to US Airways #1, making US Airways #1 a $22,500 card. Quote
JoeDirtPharmD Posted May 14, 2014 Posted May 14, 2014 Barclays restricted my reallocation to a maximum of $2,500 from Apple to US Airways MC - wondering if anyone had a larger reallocation occur? Quote
johnr Posted May 15, 2014 Posted May 15, 2014 If I'm understanding you correctly. Amex will let you pull credit limits from a card opened more than 13 months old and transfer it to another card. The minimum you have to leave on a card is $500. I'm in the process of transferring my $24k from BCP to SPG and old Blue. I plan to close BCP in March. A number of years ago (back in the days of GEORGE), Amex had a "bug" that would allow you to reallocate from Card 1 to Card 2. Then since you had previously been granted a certain limit on Card 1, you'd do an online CLI and instantly get back your CL on Card 1 that you had transferred away to Card 2. There was a term for it, something like "rinse and repeat"? Quote
cv91915 Posted May 15, 2014 Author Posted May 15, 2014 (edited) Has anyone tried to combine limits on two Barclays cards recently? I currently have: Rewards MC @ $7,500 US Airways MC (#1) @ $15,000 US Airways MC (#2) @ $9,300 I will never use any of these cards enough for Barclays to give me a CLI, and I'm hellbent on closing out the Rewards MC because it's, well, useless. Ergo, I'm thinking of closing the Rewards MC and transferring the limit to US Airways #1, making US Airways #1 a $22,500 card. I just learned that my US Airways MC (#2) doesn't offer 10,000 anniversary bonus miles like US Airways MC (#1) does, so #2 is also running on borrowed time like the Rewards MC. I wonder if I'd have better odds attempting to do this all at once (consolidate all three limits, leaving $31,800 on US Airways MC #1), or if I'd have better luck combining the Rewards MC and #1 now, and then collapsing #2 onto the one other remaining card later. Wait... #2 isn't yet a year old. They probably won't do anything with that card until it's a year old, courtesy of the CARD Act. Edited May 15, 2014 by cv91915 Quote
Cappy Posted May 15, 2014 Posted May 15, 2014 Has anyone tried to combine limits on two Barclays cards recently? I currently have: Rewards MC @ $7,500 US Airways MC (#1) @ $15,000 US Airways MC (#2) @ $9,300 I will never use any of these cards enough for Barclays to give me a CLI, and I'm hellbent on closing out the Rewards MC because it's, well, useless. Ergo, I'm thinking of closing the Rewards MC and transferring the limit to US Airways #1, making US Airways #1 a $22,500 card. I just learned that my US Airways MC (#2) doesn't offer 10,000 anniversary bonus miles like US Airways MC (#1) does, so #2 is also running on borrowed time like the Rewards MC. I wonder if I'd have better odds attempting to do this all at once (consolidate all three limits, leaving $31,800 on US Airways MC #1), or if I'd have better luck combining the Rewards MC and #1 now, and then collapsing #2 onto the one other remaining card later. Wait... #2 isn't yet a year old. They probably won't do anything with that card until it's a year old, courtesy of the CARD Act. Just sign up to the new arrival+ Awesome card with the new benefits, move your credit line from the Barclays rewards with the new app after you get a decline or approval. when you say you want a cli on the arrival your applying for. 40,000 extra points for you. Maybe this time you come to ny, you actually will visit me Quote
cv91915 Posted May 15, 2014 Author Posted May 15, 2014 (edited) Has anyone tried to combine limits on two Barclays cards recently? I currently have: Rewards MC @ $7,500 US Airways MC (#1) @ $15,000 US Airways MC (#2) @ $9,300 I will never use any of these cards enough for Barclays to give me a CLI, and I'm hellbent on closing out the Rewards MC because it's, well, useless. Ergo, I'm thinking of closing the Rewards MC and transferring the limit to US Airways #1, making US Airways #1 a $22,500 card. I just learned that my US Airways MC (#2) doesn't offer 10,000 anniversary bonus miles like US Airways MC (#1) does, so #2 is also running on borrowed time like the Rewards MC. I wonder if I'd have better odds attempting to do this all at once (consolidate all three limits, leaving $31,800 on US Airways MC #1), or if I'd have better luck combining the Rewards MC and #1 now, and then collapsing #2 onto the one other remaining card later. Wait... #2 isn't yet a year old. They probably won't do anything with that card until it's a year old, courtesy of the CARD Act. Just sign up to the new arrival+ Awesome card with the new benefits, move your credit line from the Barclays rewards with the new app after you get a decline or approval. when you say you want a cli on the arrival your applying for. 40,000 extra points for you. Maybe this time you come to ny, you actually will visit me Interesting suggestion, but the theme for the rest of 2014 is consolidation rather than acquisition. I know this is heresy, but I've reached the point where I want fewer cards, not more. 2015 will probably be Year of the Signup Bonus again. The odds of another vacation to NY are slim. We enjoyed our 11 days there, but our next several vacations of any significant duration will likely be international. We've both seen most of the U.S. Edited May 15, 2014 by cv91915 Quote
Cappy Posted May 15, 2014 Posted May 15, 2014 Has anyone tried to combine limits on two Barclays cards recently? I currently have: Rewards MC @ $7,500 US Airways MC (#1) @ $15,000 US Airways MC (#2) @ $9,300 I will never use any of these cards enough for Barclays to give me a CLI, and I'm hellbent on closing out the Rewards MC because it's, well, useless. Ergo, I'm thinking of closing the Rewards MC and transferring the limit to US Airways #1, making US Airways #1 a $22,500 card. I just learned that my US Airways MC (#2) doesn't offer 10,000 anniversary bonus miles like US Airways MC (#1) does, so #2 is also running on borrowed time like the Rewards MC. I wonder if I'd have better odds attempting to do this all at once (consolidate all three limits, leaving $31,800 on US Airways MC #1), or if I'd have better luck combining the Rewards MC and #1 now, and then collapsing #2 onto the one other remaining card later. Wait... #2 isn't yet a year old. They probably won't do anything with that card until it's a year old, courtesy of the CARD Act. Just sign up to the new arrival+ Awesome card with the new benefits, move your credit line from the Barclays rewards with the new app after you get a decline or approval. when you say you want a cli on the arrival your applying for. 40,000 extra points for you. Maybe this time you come to ny, you actually will visit me Interesting suggestion, but the theme for the rest of 2014 is consolidation rather than acquisition. I know this is heresy, but I've reached the point where I want fewer cards, not more. 2015 will probably be Year of the Signup Bonus again. The odds of another vacation to NY are slim. We enjoyed our 11 days there, but our next several vacations of any significant duration will likely be international. We've both seen most of the U.S. If I were you, close down all 3 of your cards. Barclay rewards Us air #1 & 2 And move all your available credit to the new arrival. I'm just telling you what I would do in your case. Plus the arrival+ looks super hot Quote
Cappy Posted May 15, 2014 Posted May 15, 2014 You should start a "Master Consolidate Your Credit Cards" Thread Quote
mamiso Posted May 15, 2014 Posted May 15, 2014 I was asked by EO if I would close some cards to move to another by Cap 1. That tells me it is possible. I will confirm hopefully tomorrow if I had to or just a big CLI on its own. Your You're saying they offered you to move you CL from one card to the other on request, or they offered that if you were denied on the CLI? The lady from HSBC I am assuming, asked me if I was open to closing out my existing two capital one cards as part of the cli on the GM card. So not move in lieu of cli, but rather as part of getting a large line, in essence get partial CLI and part moving credit lines. I don't know if they ordinarily do that or not, but that was my phone call. I hope to hear from them in the next day or two, so will know and will report. Wait!! I thought you said cap 1??? Not HSBC CapOne bought HSBC. This statement is misleading... I believe HSBC sold their US card operations to Capital One... That's why a lot of previous Orchard Bank CC holders transferred to Cap1.. HSBC is a huge multinational and way bigger than Capital One... (not to say it couldn't happen) Just including this for clarification... Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.