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there is no set time frame, they wouldnt give me a cli so i opened a new card and activated the card. Called and transfered the limit over. They dont want to see pending authorizations or usage for 30 days though
I just moved some of the limit from my Chase Amazon Visa to my Slate last night. It was a simple process, just a phone call. I would have had to leave a minimum limit of $500 on the Amazon in order to keep it open, which wasn't an issue, since I was leaving more than that.
I LITERALLY JUST DID THIS about 30 minutes ago. I just closed a Freedom Visa today that I opened up a few months ago. I called up today after the payment had posted and the account had a $0 balance. I transferred all of the credit limit over from the Freedom to my Sapphire and closed out the Freedom...it took no longer than about 5 minutes, very friendly customer service. And also, the card doesn't have to be inactive for 30 days, it just has to have a $0 balance (so that they can close it out and transfer all of the limit). I can verify this because I used my Chase Freedom like last week.
@GeneralCucumbre wrote:I LITERALLY JUST DID THIS about 30 minutes ago. I just closed a Freedom Visa today that I opened up a few months ago. I called up today after the payment had posted and the account had a $0 balance. I transferred all of the credit limit over from the Freedom to my Sapphire and closed out the Freedom...it took no longer than about 5 minutes, very friendly customer service. And also, the card doesn't have to be inactive for 30 days, it just has to have a $0 balance (so that they can close it out and transfer all of the limit). I can verify this because I used my Chase Freedom like last week.
I JUST did this a few minutes ago as well once I got the OK that you could do it! They had no problem moving my credit line over despite the fact that my accounts were only a few weeks old! This is soo much better than having the two cards and trying to keep up with them. And now I have more than a generous limit from Chase! Thank you Chase!!
Just got credit moved from Freedom account to Sapphire Preferred