Hey all! Does anyone know how the AMEX 60 day 3x CLI would be affected by reallocating CL from an existing AMEX revolver to a new one before the 60 day mark?
My fiance has a Delta Gold Amex but really doesn't fly much anymore. She wants to keep the card, but we also want a BCP since groceries are our primary shared expense (so no PC option).
Her Delta card has a $10.5K limit, and the new BCP has a $2K limit. If we shuffle the CL's so that there's $10K on the BCP and $2.5K on the Delta (AMEX allows that, right?), how does that affect the chances of a 60 day 3X on the BCP? Will we still be able to request the additional $4K bump at 60 days? Is it better to wait for the 60 day 3X and then reallocate?
Anyone had this issue before? Thanks!
Wouldn't that be nice?! The Delta limit is the result of a 3X a while back.
@MstrPTato wrote:How is Amex in regards to allowing the moving of credit lines?
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Generally, the 'from' account has to have 13 billing statements and remain open until the process is completed and the 'to' account must have been opened at least 60 days. It's not a guarantee, as some have reported being denied the request to move lines.
Great info, thanks!
Looks like we'll wait for the 61 day milestone and go from there.