04-20-2017 03:43 PM
04-20-2017 08:05 PM - edited 04-20-2017 08:08 PM
Hello all, I have a BCE and a BCP. The BCE is a little older and has a lower apr. I'm interested in moving the limit from the BCP over to the BCE and changing the BCE into a BCP then closing out my current BCP. Does anyone know if this is possible?
If so, will I have to pay two annual fees, my current BCP af is due in June.
I love alphabet soup AmEx... let me see if I can do this. Yes, if there is no balance you can move the limit from your BCP to your BCE and close the BCP; you may lose $500 of the CL, though. After that, yes you can PC your BCE to a BCP, just not an ED, EDP, or Blue which are MR-earning cards. Both have a floor of 13.74% so you should be fine. Alternately, you can easily move all but $500 online and keep the other one open. You can do all of this via chat or by calling.
ETA: Forgot AF... you would not be stuck with the current BCP fee in June if you close it within (I think) 30 days after being billed for it, and would never be charged for it if you close prior. You would be billed an AF after doing a PC on the BCE to a BCP.
04-21-2017 01:06 AM
Ok, so it is possible. Thanks for the replies guys and the information from K-in-Boston. I shall pay off the current BCP and give it a try.
04-21-2017 01:55 PM
04-21-2017 02:22 PM
Glad it all worked out. As a data point for when I finally do close my Blue, are they going to let you transfer all of the limit or all but $500?
04-21-2017 03:03 PM
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