topic Re: Combining Chase Cards? Help! in Credit Cards

Combining Chase Cards? Help!

Anonymous — Mon, 08 Feb 2016 20:39:49 GMT

OK, I'm trying to combine my brand new $500 Slate and move that over to my $2000 Freedom. They are both visas. Chase is telling me this is not an option, not even if I close the Slate. They just keep saying I have to have at least $500 left on the card I want to move from. What???? Haven't I seen tons of posts of people closing their cards and moving the whole line to another card? Can someone explain to me how this works? Do I have to wait for a statement or something? I just got the Slate in the mail today. I haven't activated/verified receipt yet. Could that be part of it?

I appreciate any help you may have for me!

Re: Combining Chase Cards? Help!

9CLINE — Mon, 08 Feb 2016 20:56:10 GMT

I closed a Slate card I had w/3500 CL split 3000.00 of CL between Freedom & Sapphire but unfortuantely they did make me leave 500 on the Slate to get closed away..Thought it was dumb,Rep said left to cover any incoming charges,but I knew I didn't have any. It didn't bother me as I just wanted to close un-needed acct, but in your case u don't have anything to leave or move doing it this way...
Yes, I too have heard of folks who were able to move entire CL over,but it didn't work for me...
Hopefully someone who got it done can weigh in how to do it...
Good Luck....

Re: Combining Chase Cards? Help!

Anonymous — Mon, 08 Feb 2016 21:01:47 GMT

@9CLINE wrote:
I closed a Slate card I had w/3500 CL split 3000.00 of CL between Freedom & Sapphire but unfortuantely they did make me leave 500 on the Slate to get closed away..Thought it was dumb,Rep said left to cover any incoming charges,but I knew I didn't have any. It didn't bother me as I just wanted to close un-needed acct, but in your case u don't have anything to leave or move doing it this way...
Yes, I too have heard of folks who were able to move entire CL over,but it didn't work for me...
Hopefully someone who got it done can weigh in how to do it...
Good Luck....

To cover incoming charges? On a closed card? Don't they automatically decline purchase attempts on a closed card? This is so silly. If I wasn't trying so hard to garden, I'd take the HP to try to get a higher limit so I can actually use this Slate. Sigh. Do you think they'd change it to Sapphire? Hmm.

Re: Combining Chase Cards? Help!

jacetx — Mon, 08 Feb 2016 21:16:46 GMT

@Anonymous wrote:
@9CLINE wrote:
I closed a Slate card I had w/3500 CL split 3000.00 of CL between Freedom & Sapphire but unfortuantely they did make me leave 500 on the Slate to get closed away..Thought it was dumb,Rep said left to cover any incoming charges,but I knew I didn't have any. It didn't bother me as I just wanted to close un-needed acct, but in your case u don't have anything to leave or move doing it this way...
Yes, I too have heard of folks who were able to move entire CL over,but it didn't work for me...
Hopefully someone who got it done can weigh in how to do it...
Good Luck....
To cover incoming charges? On a closed card? Don't they automatically decline purchase attempts on a closed card? This is so silly. If I wasn't trying so hard to garden, I'd take the HP to try to get a higher limit so I can actually use this Slate. Sigh. Do you think they'd change it to Sapphire? Hmm.

Sapphire has a minimum CL of $5k so you wouldn't be able to convert it.

Re: Combining Chase Cards? Help!

9CLINE — Tue, 09 Feb 2016 04:02:02 GMT

Not sure what they meant by that,,seems they auto decline,but whatever,,,Doubtful on just pc to Sapphire as jace8602 stated it has 5K min starting lim,but I guess if you got the CLI on slate up 2 5K then you could,,but why risk the HP for that when you could simply app for CSP outright?
What do scores look like? anny baddies, how many new accts in past yr?
I'd say if reports & scores are around 700+ not a bunch of new accts, then just go for CSP and close Slate as the CSP works great w/ the freedom u already have...
will need more info to make a call on this one....
JM2CW.....

Re: Combining Chase Cards? Help!

Ghoshida — Tue, 09 Feb 2016 05:15:48 GMT

I'm not sure another app is a good idea. OP's credit profile doesn't look very strong, else Chase wouldn't have given $500 limit. Also, remember Chase has a 5/24 rule. If you have got more than 5 cards in the last 24 months then a new app with them will result in a straight denial.

OP, have you used the Slate at all? Chase used to have a policy of moving the entire limit out if (a) the balance is $0 and (b) no transaction has happened for the last 30 days. It has been a while for me. But if you satisfy those two criteria then you should send them a secure message saying you satisfy those two criteria and that they should let you merge the full account.

If they still don't budge (which they can if they recently changed their policies), you might have to wait to get a CLI on the card.

Re: Combining Chase Cards? Help!

woodyman100 — Tue, 09 Feb 2016 12:57:26 GMT

If the card has zero activity for 90 days, they should approve the combination

Re: Combining Chase Cards? Help!

takeshi74 — Tue, 09 Feb 2016 13:51:07 GMT

@Anonymous wrote:
Haven't I seen tons of posts of people closing their cards and moving the whole line to another card?

You may have but there are also many that have to leave $500 on the card. I don't recall the specifics of why but it seems like it had something to do with age and/or activity.

@Anonymous wrote:
I just got the Slate in the mail today. I haven't activated/verified receipt yet. Could that be part of it?

Probably. Not activation but being brand new.

@9CLINE wrote:
What do scores look like? anny baddies, how many new accts in past yr?

Even without that info the OP has a brand new Slate approved for $500. That indicates that Chase has some concerns about the OP's credit. Limits aren't just randomly assigned or determined solely by the card. They are determined based on what one's credit profile and income qualify for.

Re: Combining Chase Cards? Help!

Anonymous — Tue, 09 Feb 2016 15:45:55 GMT

@Ghoshida wrote:
I'm not sure another app is a good idea. OP's credit profile doesn't look very strong, else Chase wouldn't have given $500 limit. Also, remember Chase has a 5/24 rule. If you have got more than 5 cards in the last 24 months then a new app with them will result in a straight denial.

OP, have you used the Slate at all? Chase used to have a policy of moving the entire limit out if (a) the balance is $0 and (b) no transaction has happened for the last 30 days. It has been a while for me. But if you satisfy those two criteria then you should send them a secure message saying you satisfy those two criteria and that they should let you merge the full account.

If they still don't budge (which they can if they recently changed their policies), you might have to wait to get a CLI on the card.

Actually, my credit profile is much stronger than it was when Chase gave me a $2000 CL with Freedom in September. And I was expecting a similar limit on the Slate, which was the only reason I applied - was intending to do some balance transfers. When I saw that $500 limit, I knew it would not help me, so I app'd right away, the same day again with Wells Fargo and got instantly approved for $3500. So I don't think my credit is the issue. I think that Chase is being weird! And no, I *just* got it in the mail and have not used it.

Re: Combining Chase Cards? Help!

Anonymous — Tue, 09 Feb 2016 15:51:53 GMT

@9CLINE wrote:
Not sure what they meant by that,,seems they auto decline,but whatever,,,Doubtful on just pc to Sapphire as jace8602 stated it has 5K min starting lim,but I guess if you got the CLI on slate up 2 5K then you could,,but why risk the HP for that when you could simply app for CSP outright?
What do scores look like? anny baddies, how many new accts in past yr?
I'd say if reports & scores are around 700+ not a bunch of new accts, then just go for CSP and close Slate as the CSP works great w/ the freedom u already have...
will need more info to make a call on this one....
JM2CW.....

I'm going to wait on the Sapphire. I have a few recent cards, but I'm planning to garden then get a mortgage at the end of the year, then early next year I will get whatever else I need to add to my portfolio. I want CSP, and am also eyeing the Citi Hilton card. My scores are currently EQ 657 TU 680 EX 699. I did my balance transfers to get utilization under 30%, so I should see another bump in a few weeks when they go through. Am continuing to pay them down. Also, I do have four 30 day lates on my report. They are all from the same month May 2014 due to financial hardship, and I'm working hard on trying to GW them away. Fingers crossed! I appreciate any and all advice on this!

Re: Combining Chase Cards? Help!

Anonymous — Tue, 09 Feb 2016 16:23:52 GMT

@woodyman100 wrote:
If the card has zero activity for 90 days, they should approve the combination

Thanks for this. I was trying to remember the guideline I'd read.

Re: Combining Chase Cards? Help!

Ghoshida — Tue, 09 Feb 2016 17:36:33 GMT

@Anonymous wrote:
@Ghoshida wrote:
I'm not sure another app is a good idea. OP's credit profile doesn't look very strong, else Chase wouldn't have given $500 limit. Also, remember Chase has a 5/24 rule. If you have got more than 5 cards in the last 24 months then a new app with them will result in a straight denial.

OP, have you used the Slate at all? Chase used to have a policy of moving the entire limit out if (a) the balance is $0 and (b) no transaction has happened for the last 30 days. It has been a while for me. But if you satisfy those two criteria then you should send them a secure message saying you satisfy those two criteria and that they should let you merge the full account.

If they still don't budge (which they can if they recently changed their policies), you might have to wait to get a CLI on the card.
Actually, my credit profile is much stronger than it was when Chase gave me a $2000 CL with Freedom in September. And I was expecting a similar limit on the Slate, which was the only reason I applied - was intending to do some balance transfers. When I saw that $500 limit, I knew it would not help me, so I app'd right away, the same day again with Wells Fargo and got instantly approved for $3500. So I don't think my credit is the issue. I think that Chase is being weird! And no, I *just* got it in the mail and have not used it.

Got it. They might want you to activate it in the first place.

Anyway when I merged my $1k Slate to my then $1k Freedom, I had the Slate open for little less than 6 months and had no transactions for a bit over a month, I think. That was good enough for them to move all of my Slate to the Freedom. You might want to send them an SM asking for clarification on the "X-no of days, no transactions" rule.

As another poster mentioned, it is probably 90 days now. Given that $500 is pretty much worthless to you on a standalone card, it's not going to be difficult to SD it for a while. For whatever reason, Chase doesn't want to extend you a larger line, so asking for either a CLI or a new card (you're right about waiting for CSP) won't get anything.

Re: Combining Chase Cards? Help!

9CLINE — Tue, 09 Feb 2016 19:45:17 GMT

See, OP, I knew others would jump in.Loads of great advice Good decison to wait given the current factors plus you wanting the mortgage I think your in a good place right now while you work on GW deletions..
I wish you the best....

Re: Combining Chase Cards? Help!

Anonymous — Tue, 09 Feb 2016 21:21:31 GMT

Thank you everyone! I guess I will try again in 90 days if I can't get more info out of them. If I ever get it to work, I will update this thread!

Thanks again for your help!

Re: Combining Chase Cards? Help!

Anonymous — Tue, 09 Feb 2016 22:30:10 GMT

Slate is good for the bureau monitoring. Few companies provide that one free. Put 60 bux on it every month and pif. You might get rewarded

Re: Combining Chase Cards? Help!

Anonymous — Tue, 09 Feb 2016 23:06:55 GMT

*\0/* Guess who now has a $2500 Freedom and a closed Slate? That's right, ME!!!

It only took 2 secure messages, 2 phone calls, and being transferred to 4 different people before someone finally sent me to Lending, and she did it in like 2 seconds. She was like, "I have no idea why they couldn't do it...." lol. YAY!!!!!

Thanks again guys! Happy ending to this saga!

Re: Combining Chase Cards? Help!

9CLINE — Sun, 14 Feb 2016 17:28:01 GMT

Congrats 2 ya!!!!!!!

Glad all worked out well for ya.....

Re: Combining Chase Cards? Help!

Anonymous — Sun, 14 Feb 2016 17:33:31 GMT

@9CLINE wrote:
Congrats 2 ya!!!!!!!
Glad all worked out well for ya.....

Thank you! AND, best part? With both inquires and also the new trade (WF) already reporting, my scores did not drop, and actually went up again. Experian has now broken into the 700s with a 703! Woohooo! Getting somewhere now!