topic Re: Is Chase Limit Reallocation Possible? in Business Credit

Is Chase Limit Reallocation Possible?

Anonymous — Wed, 12 Apr 2017 01:25:50 GMT

Currently have the Ink Cash but didn't know it does not waive FTF so in a month or so planning on applying for the Ink Preffered to waive foreign transaction fees.

Just wondering if they give me a low limit can I reallocate part of the limit from the Ink cash to the Ink Preffered or is that not allowed?

I know it's possible on personal but wondering if it's allowed for business too.

Re: Is Chase Limit Reallocation Possible?

CreditJim — Wed, 12 Apr 2017 04:19:47 GMT

It is. I just closed my $8k Ink Cash and was able to move all but $500 of the credit line to my Ink Plus.

Re: Is Chase Limit Reallocation Possible?

Anonymous — Wed, 12 Apr 2017 23:59:49 GMT

Yes, you can as the poster above me stated. They will move all but $500...

Re: Is Chase Limit Reallocation Possible?

Anonymous — Thu, 13 Apr 2017 02:08:43 GMT

Is there a minimum limit for the Ink Preffered? I would assume 5k since it's so similar to CSP

Re: Is Chase Limit Reallocation Possible?

Anonymous — Fri, 14 Apr 2017 15:28:32 GMT

@Anonymous wrote:
Is there a minimum limit for the Ink Preffered? I would assume 5k since it's so similar to CSP

Yes, there is a minimum. It starts at 5k.

Is Chase Limit Reallocation Possible?

Ahava18 — Thu, 19 Apr 2018 17:43:21 GMT

I tried reallocating from IHG to Freedom, the rep told me that it's not possible since one is a MC and one a Visa. Is that true or is the rep not in the know how?

Re: Is Chase Limit Reallocation Possible?

Anonymous — Fri, 20 Apr 2018 01:55:08 GMT

@Ahava18 wrote:
I tried reallocating from IHG to Freedom, the rep told me that it's not possible since one is a MC and one a Visa. Is that true or is the rep not in the know how?

I was able to do just that. The first rep (IHG) gave me the number for IHG as he didn't appear to understand what I was trying to do. I then called the customer service number for my Freedom card instead and he was able to do it, easy peasy.