Grim's right. If you ask directly, they may actually refuse to transfer you or, after you have explained situation to them, won't be as sympathetic in their "behind closed doors" discussion with the rep from Retentions.

Give 'em your sob story, allow them to tell you they can't help you, and then get the real work done once the kind folks in Retentions get on the line.

Do you have a balance on the card? That would be the one case that I could see them not wanting to send you to the Retention department -- they know your threat is an idle one because closing the account with a balance could incur fees and allows them you change your interest rate at their whims.

Relatively instantly, if that makes sense. Your score will be healed as soon as your balances are below 50% utilization at the close of the billing cycle.

You might try to pay down your other credit cards more than once monthly if you're going to be leaving them with smaller CLs -- try to keep them under 50% at the close of your billing cycle. This will also help ensure that you don't accidentally go over your credit limit mid-cycle.

You'll love this one!

So, I have Citi MyPoints MC, originally w. $1500 CL, then 10K after I moved some from Diamond Entertainment. Now I asked to move 9.5K to AT&T Universal. DENIED!!! Reason: CL cannot go below the originally issued limit. Moved 8.5K - no problem.

bump

Sorry, posted in wrong thread somehow.

mrbean said:BankOne merged with Chase on 7/1/04.

I wonder how that would affect the ability to reallocate between different cards. Will they follow BankOne's practice or Chase's practice?Interesting thought. I'm going to give them a call right now and find out what their policy is.

Edit: Bummer. No more reallocation of credit lines. The rep I spoke to indicated that only consolidation was possible with my two BankOne cards.

Edit: BTW - Don't take my word for it...call for yourself. I'm all for additional points of reference and would love to hear that my CSR was just mistaken, or that it's still available for some cards and not others, etc.

veryhungry said:jfar28139 said:AMEX - I have successfully transferred CL from personal Delta to personal Blue about a year ago. At the time they said personal CLs could not be transferred to a small business credit card (like Blue for Biz). Last week when I inquired about reallocation, they said that you COULD transfer CLs from personal to small business cards but not the reverse. Can anyone else confirm this? If this is true it would be a great way to hide a CL. I cannot try it out right now since I have a balance on the personal CL I would like to reallocate.can anyone confirm?? this would be great!!If you have both cards, *YOU* can easily confirm it. Call them up. Report back to us your success or failure.

What are you afraid of? That they'll laugh at you and hang up? The worst they'll do is tell you they can't do it.

Woohoo...persistence pays off.

Talked to an Bank One account supervisor tonight and found out that because of the upcoming merge of their systems, they're currently *NOT* allowing reallocation, but that they *WILL* be able to do so again once the two systems are combined and the dust settles. Her estimate was November 1st.

In the spirit of creative financing, I also asked if we might be able to consolidate Bank One lines with Chase lines at some point, but she wasn't sure when this would become available.

CHASE allows reallocation