CL Reallocation - BOA & FIA

[sillykitty1]

Is it possible for me to reallocated my CL's between my FIA Fidelity Amex & my BOA BBR?

[kdm31091]

---

@sillykitty1 wrote:

Is it possible for me to reallocated my CL's between my FIA Fidelity Amex & my BOA BBR?

---

AFAIK, No. They are two seperate entities and although the same parent company, not the same at a low enough level to allow interaction between the accounts like that. I am 98% sure this is a no.

[CH-7-Mission-Accomplished]

I think you can.  I have read of this happening over on the CB website.  I have also heard of them giving someone a new account and secretly reducing limits on another FIA account.  I would just call them and ask.

[Anonymous]

---

@kdm31091 wrote:

---

@sillykitty1 wrote:

Is it possible for me to reallocated my CL's between my FIA Fidelity Amex & my BOA BBR?

---

AFAIK, No. They are two seperate entities and although the same parent company, not the same at a low enough level to allow interaction between the accounts like that. I am 98% sure this is a no.

---

Not anymore. Fidelity Amex users got a notice a few months ago that their card is changing from being offered by FIA to being offered by Bank of America. As far as I can tell there is no difference between now between the two cards in terms of who offers them - one is just cobranded. 

@OP

You shouldn't do this in my opinion though. BoA WILL do a HP for a reallocation. Just request a cli on your Fidelity Amex (I am assuming you want extra credit on the Fido Amex and want to just keep the BBR for the TL and free $25 a quarter). If you don't get it immediately, call in. If they won't budge, ask to reallocate. They will almost certainly use the same HP for the re-allocation. 

[kdm31091]

---

@Anonymous wrote:

---

@kdm31091 wrote:

---

@sillykitty1 wrote:

Is it possible for me to reallocated my CL's between my FIA Fidelity Amex & my BOA BBR?

---

AFAIK, No. They are two seperate entities and although the same parent company, not the same at a low enough level to allow interaction between the accounts like that. I am 98% sure this is a no.

---

Not anymore. Fidelity Amex users got a notice a few months ago that their card is changing from being offered by FIA to being offered by Bank of America. As far as I can tell there is no difference between now between the two cards in terms of who offers them - one is just cobranded. 

@OP

You shouldn't do this in my opinion though. BoA WILL do a HP for a reallocation. Just request a cli on your Fidelity Amex (I am assuming you want extra credit on the Fido Amex and want to just keep the BBR for the TL and free $25 a quarter). If you don't get it immediately, call in. If they won't budge, ask to reallocate. They will almost certainly use the same HP for the re-allocation. 

---

Oh ok, good to know.

I agree though, since BOA does a HP for moving limits anyway, may as well just ask for a CLI instead

[icyhot]

I transferred my Fidelity Amex CL to my BofA CR as recent as June. So yes you should be able to

[sillykitty1]

Thanks everyone!

I didn't know about the HP for consolidation.  So I will definitely try for a CLI first!

[sillykitty1]

Update ...

Requested a CLI on my Fidelity Amex, which was at $12,500.  I asked for $25,000 (matches my highest limits), got the 7-10 day notice, and end up getting $20,000.

I called the current card holders UW number from the backdoor sticky.  Got a very friendly underwriter.  She said they would not have to do a HP to do a CL reallocation.  She said I could call that number any time to move limits around, with only a SP.  Anyway reallocated almost all my BBR CL (was $12,500 as well) over to Fidelity Amex.

So, glad I got a decent CLI with my HP.  HP was on TU, so better than EX at least.  But probably would have rather saved the HP and just reallocated CL's, knowing what I know now.

[FinStar]

---

@kdm31091 wrote:

---

@sillykitty1 wrote:

Is it possible for me to reallocated my CL's between my FIA Fidelity Amex & my BOA BBR?

---

AFAIK, No. They are two seperate entities and although the same parent company, not the same at a low enough level to allow interaction between the accounts like that. I am 98% sure this is a no.

---

What were you basing this on?  This is not an accurate statement at all.

[Open123]

---

@sillykitty1 wrote:

Update ...

Requested a CLI on my Fidelity Amex, which was at $12,500.  I asked for $25,000 (matches my highest limits), got the 7-10 day notice, and end up getting $20,000.

I called the current card holders UW number from the backdoor sticky.  Got a very friendly underwriter.  She said they would not have to do a HP to do a CL reallocation.  She said I could call that number any time to move limits around, with only a SP.  Anyway reallocated almost all my BBR CL (was $12,500 as well) over to Fidelity Amex.

So, glad I got a decent CLI with my HP.  HP was on TU, so better than EX at least.  But probably would have rather saved the HP and just reallocated CL's, knowing what I know now.

---

This is very helpful.  

I had always assumed that a HP was required to reallocate CLs.  I'm in a similar position.  Whopping CL on BofA Cash that would be much more useful transferred to my Fid Amex.  

The UW number for BofA on the sticky?

Thanks!