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Transferred limit from less than year old AmEx

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Anonymous
Not applicable

Re: Transferred limit from less than year old AmEx

I found this out as well just playing around to see what would happen. You can only transfer limits between cards once every 30 days though according to a letter i received (I want to close my ED and I transferred some CL from my Hilton to my BCE so I am unable to transfer anything from my ED at this point, bummer!).

Message 11 of 16
mdd0214
Contributor

Re: Transferred limit from less than year old AmEx

Moving cl counts as a cli for Amex and you can't get anything else for 6 months.

Message 12 of 16
credit_endurance
Valued Contributor

Re: Transferred limit from less than year old AmEx


@mdd0214 wrote:

Moving cl counts as a cli for Amex and you can't get anything else for 6 months.


So would it be best to do the 3XCLI first then request a credit allocation right afterwards?

Starting FICO08 Scores 2016 All in the mid 500’s
Current FICO08 Scores SEP 2023 (TU 834) (EQ 831 (EXP 831)

“The credit is no longer bruised, it has endured the test of time” (formally know as bruisedcredit)

Message 13 of 16
Anonymous
Not applicable

Re: Transferred limit from less than year old AmEx


@mdd0214 wrote:

Moving cl counts as a cli for Amex and you can't get anything else for 6 months.


Where did you see that? What I've read suggests otherwise.

Message 14 of 16
Anonymous
Not applicable

Re: Transferred limit from less than year old AmEx

I was able to do just this as AX keeps giving me Mickey Mouse approvals on new cards. Had moved about 11K off my Hilton to my EDP.
Message 15 of 16
Anonymous
Not applicable

Re: Transferred limit from less than year old AmEx


@Anonymous wrote:
I was able to do just this as AX keeps giving me Mickey Mouse approvals on new cards. Had moved about 11K off my Hilton to my EDP.

Awesome! I guess it just surprised me since I was expecting to not be able to do this until after my annual fee came.

Message 16 of 16
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