brettdacosta said:I did an online increase with my Chase BP card that I had opened, used, and consistently paid off for 6 months. In the box I put 15K. Previously, I had a 5K credit line, and I thought I would shoot for the sky. I didn't expect to get all of it. I checked the next day, and my new credit limit was 20K. When you enter an amount, is it the amount of increase, or what you want your new line to be? What is a typical increase? Is a 15K unusual? And lastly - What helps your initial credit line (what requirements do you need to have to open an account with 20+K)? Thanks

Lets start real simple, like posting in the correct thread. This thread is about reallocating credit lines, it says so right there in subject line.

You want So you want higher credit limits? Got questions about getting them? Then this thread's for you!! or maybe even The Financial Forum Questions Thread: flame-free zone to ask your finance questions - everyone welcome

Your first question can be answered by going back to the Chase website and repeating what you did last time and reading the words on the form. You can get a sense of what is typical and usual by reading the first thread linked above.

Lastly for large initial credit limits it helps to have a high credit score, a large house hold income, and Some times asking for a large BT can help. Beyond that it is pretty much guess work. There are different rules for each issuer and they don't post their credit limit determination algorithms to public forums.

Chase told me the card I want to transfer the CL to must have a zero balance. Has anybody else been told this?

as an additional data point:

last week I consolidated two Juniper cards (USair CL was consolidated into the Ntl Parks card with 12month 0%bt). Both cards were open for about 1 week. CS was quite friendly.

The week before I had o luck with citi (they would not let me merge the ATT card to Diamond rewards or Professional to either card)

robertw477 said:I just reallocated one bank of america card to another adding 10K in additional credit to the card I use more often. Does it make sense to try an online CL increase later on the card that I just moved the 10K from. Would this work? I am not thinking about doing this now but i wonder what would happen?

Robert
On my last AOR I transferred 10k from an old BofA card to a new one. Then requested 10k CLI on the old card and received it. I thought they wouldn't approve the CLI since I just received additional CL on the new card, but it worked. Of course, it will probably depend on your exposure limit with BofA. Worst thing that can happen is they call you and refuse it. No big deal actually. Give it a shot.

I also tried to do some reallocation between two Bank of America business credit cards this week.

The business PowerRewards card had $14k the Platinum Plus for Business had $75k. They would not let me move over any of the credit line to the other w/out closing one of the accounts. So I closed the platinum plus account with $75k and moved it to the Business PowerRewards card with $14k for an $89k total PowerRewards line. (The Platinum Plus card had rewards limited to 100k points per year).

Agree completely, and that was my intention. The rep was going to allow me to keep the card open with a credit line of 1k. He put me on hold to check with his supervisor and no dice. According to the supervisor, (in my situation) a condition of reallocating from one BofA business credit line to another BofA business card is that you have to close one of the accounts. I did not ask if this was always the case, or just in my own case because of the large amount of credit line I was moving over...

In this case, it's not that big of a deal since the card that was closed was not an old card with a lot of history.

I applied for a "0% for life on BT's" offer from Discover as part of a 10-card AOR (plus a few cards I got over the past few months for rewards like the $250 AMEX and the $150 Sony) on Tuesday...also applied for 6 cards for my wife. Anyway, I already had 2 Discover cards with a total CL of ~$26k. Discover called me yesterday about my ap...I wasn't home but called back today. The guy I spoke to said he was calling about the new card because I already had 2 cards with them and a pretty generous line of credit and wondered how much credit I needed on the new card. I told him I applied because of the attractive "0% for life BT" offer they sent me in the mail, and I'd like to get as much credit as possible on the new card. He said the only options were doing an income verification (which I told him I didn't mind but he seemed to indicate he was trying to avoid that) or moving some of the credit from the existing cards to the new card (he suggested it, not me). He ended up giving me $18,000 on the new card, but I think he would have probably given me more as long as I didn't care if it took it off the existing cards...I should've told him to take even more off the existing cards to at least get it over $20k. I think I'll request bumping it up to $20k when I call to activate, but I don't know if they'll play ball...I think this was the opportunity right here, talking to the "new accounts guy". I've had 1 of the 2 cards for ~19 years now...it was the first credit card I ever had, and I don't think I've ever had a late payment, and I always pay my bill in full each month...so I'm a pretty well-established customer.

Bottom line ==> It is possible to reallocate credit at Discover, but you may have to do it as part of the card approval process...so it might actually be better to call in Discover aps than doing them on-line...can't say for sure since I did mine on-line and then had a call-back, but again my application was for a solicited pre-approved card.

It's not true the minimum on Professional is 2k. I have less than 2k limit on mine, and this was AFTER the auto-CLI love on citibank's website once . They did want me to reallocate the limit from existing Citi account when I got the card due to my "sufficient credit obligations" with Citi, so perhaps normally $2k is the min.

ahself said:Reallocated $23k from my CitiBiz AA card ($25k CL) to my CitiProfessional card ($3k CL)...both were received as part of a recent AOR. At first the CSR wasn't sure if it could be done because the Professional card "is an oddball"...she admitted it's not like personal or business. Put me on hold for a while, came back to apologize for being on hold and asked how much I wanted to reallocate. I initially said $24k and she said there is a minimum $2k CL on business cards...so I said $23k would be fine. After being on hold a little while longer, she came back and said she had good news and it could be done and would be reflected in 2 days.

I know it's been mentioned that Citi views the Professional card as a Business card, but I didn't see any posts confirming this type of reallocation.

USAA let me re-allocate with no problems. Minimum I had keep on my MasterCard was $500. Everything else went to my AMEX with 0% on BT and $0 BT fee. Thanks USAA!

Consolidated Citi AA personal MC into new Citi ATT MC. CSR said no problem at all and new ATT CL was reflected online in just a few minutes.