bad news:

My new Advanta card has a limit of $2.5K. I knew that was a risk with closing and reapplying - my closed card had a limit of 17K. Oops.

good news:

Wife received her new Chase biz card with a limit of $20K. I'm kinda shocked, given she just paid off a biz card with a limit of $65K. Time to reallocate and enjoy lots of Chase's free money for 15 months.

lhendricks92 said:

How long should I wait to reapply for BankATL? Any reason to wait more than a day or 2?

Thanks to jackcrawfish, Glitch99, DjPill for showing us biz->personal reallocs are possible with Barclays.

I waited a week. But I applied for something different to look like I wasn't a gamer. Had Bank Atlantic, applied for Juniper Biz. Yeah I lose two months of BT but since you are doing rolling thunder it shouldn't matter.

Would you mind sharing how much revolving debt you are showing on your personal CR that you plan on applying with and how many TU inquiries?

Applied this morning for a new BankATL. As expected, the app was declined citing "Sufficient credit with Barclays." Called the credit department and was immediately transferred to a business credit analyst. Dude's looking at my file and says, "I think we spoke last week to transfer credit to your personal card." Why yes, yes we did. Told him I realized I wanted a new business card. He offered to open the new BankATL card by reallocating from SeaMiles. Left $2K on SeaMiles to create a new $41K BankATL card. So easy.

jackcrawfish said:At that point I would have expected some stammering on your part (like markkundinger's CHASE call). I should have known you'd be cool...
LOL! I had a plausible reason prepared for wanting a new business card. Had I not expected to be questioned, you can be certain stammering would have ensued.
While I realize EugeneV and others have confirmed a second card is not an option with Advanta, would you be willing to try the back door approach as I did with Wells Fargo? Wells policy was "usually one card per SSN." With them, I was able to reopen the old card and consolidate to the new card.
That's an excellent idea. Why the hell not give it a shot? I did try (unsuccessfully) a CLI on the new Advanta, but it was denied because the card was new. What I really need to do is get access to an undwerwriter/analyst at Advanta. Haven't found a way to do that.

BankATL is denying my second 20K BT. They are telling me 20K is the limit per account, not per transfer. Completely different story from what I heard from them yesterday and others have reported. Wait a day or 2 and try again with another CSR?

my thoughts exactly. i was going to ask for a manager, but the front line rep had already confirmed the "policy" with her supervisor. i'll call again tomorrow.