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Regular Contributor
Posts: 179
Registered: ‎09-16-2007
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Combining credit cards question

My hubby and I both have a couple of the same cards (target, juniper)  I don't like having to keep up with the seperate statements, so is there a way that the CCC's would combine our cards & limits together into one card? 
 
I would like to be able to do this without a hard pull on our scores - and without looking like we are opening/closing new accounts..   is this possible?
Established Contributor
Posts: 665
Registered: ‎03-31-2007
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Re: Combining credit cards question



tidbit1 wrote:
My hubby and I both have a couple of the same cards (target, juniper) I don't like having to keep up with the seperate statements, so is there a way that the CCC's would combine our cards & limits together into one card?
I would like to be able to do this without a hard pull on our scores - and without looking like we are opening/closing new accounts.. is this possible?





Best guess is no to combining the cards. It won't hurt to ask.
Valued Contributor
Posts: 2,374
Registered: ‎03-15-2007
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Re: Combining credit cards question

I always recommend against combining CCs...why turn two positive, FICO-helping tradelines into only one?
- - - -
in a credit-scoring postnuclear Stone Age...
Established Contributor
Posts: 853
Registered: ‎03-21-2008
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Re: Combining credit cards question

You can close two of them and make the two you keep joint accounts.  They will send you paperwork to add DH or DW to the other account but it will probably cost you an inquiry.
07/26/2007 TU-688
EQ-656
EX-649
Regular Contributor
Posts: 179
Registered: ‎09-16-2007
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Re: Combining credit cards question

We only have one positive tradeline each for each of the cards - I was wanting to combine them to joint cards and combine the credit limits.  The reason I wanted to do this is to make it easier to keep up with the payments, limits, etc.
Established Contributor
Posts: 665
Registered: ‎03-31-2007
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Re: Combining credit cards question

...but can you reallocate the funds?
Established Contributor
Posts: 665
Registered: ‎03-31-2007
0

Re: Combining credit cards question



tidbit1 wrote:
We only have one positive tradeline each for each of the cards - I was wanting to combine them to joint cards and combine the credit limits. The reason I wanted to do this is to make it easier to keep up with the payments, limits, etc.



I take it you would rather have a higher CL. Otherwise, It would not make sense to combine CL.
Regular Contributor
Posts: 179
Registered: ‎09-16-2007
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Re: Combining credit cards question

Yes, we would like to combine the CL - he has 500 and I have 200 ..   we are both in the process of rebuilding our credit..  they just increased his CL a month ago from 200 to 500 but haven't increased mine.  I can't imagine ever charging 700 at Target, but the credit increase would be nice for our scores.
Established Contributor
Posts: 665
Registered: ‎03-31-2007
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Re: Combining credit cards question

If you are both attempting to repair credit, DO NOT combine CL. Purchase & PIF, purchase & PIF, purchase & PIF. Repeat, repeat, and repeat.
Regular Contributor
Posts: 179
Registered: ‎09-16-2007
0

Re: Combining credit cards question

Okay, thank you for the advice - I will leave them as they are!
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