topic Re: Moving limits with Chase? in Credit Cards

Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 04:28:34 GMT

Had to grab a Chase Slate because some unexpected costs came up. My fault, but I take responsibility.

I have a bigger limit on my Chase freedom and my interest is kicking in this month

If I get approved for the slate can I move limits from my freedom to that? And in 15 months when the no interest is up, can I cancel the card and move it back?

Thanks guys for the help

Re: Moving limits with Chase?

Anonymous — Mon, 04 Apr 2016 05:42:14 GMT

yeah that is quite possible.

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 19:29:28 GMT

Bump .

Lets say I had 4k in debt, and I only got 2k from the Slate

Could I move my 2k over, and then transfer the other 2 over and then when I pay it off transfer the 4k limit from the slate to the Freedom to make it 6?

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 19:43:43 GMT

Ah nvm I see you can't transfer between Chase cards

Any other good options?

Re: Moving limits with Chase?

fittiger — Mon, 04 Apr 2016 19:53:01 GMT

@Spanky23 wrote:
Bump .

Lets say I had 4k in debt, and I only got 2k from the Slate
Could I move my 2k over (from where; is this debt or credit limit??), and then transfer the other 2 over (what other 2) and then when I pay it off transfer the 4k limit from the slate to the Freedom to make it 6?

This language is highly confusing.

So you have 4k in debt you wish transfer to Slate for 0%APR, but Chase only approved you for a 2k credit limit?

I'm guessing you have a Freedom with a 4k credit limit? What is the balance on the Freedom?

More than likely you can contact Chase and have them transfer excess credit limit from Freedom to the Slate and when you are done paying off the Slate, transfer that CL back to the Freedom, with the exception of $500. They usualy require you keep a $500 CL min and close the accout with that.

Keep in mind if you transfer CL and then max out either or both cards your score will take a big hit.

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 19:57:19 GMT

But I'm reading there is no way to go from Chase to Chase?

Re: Moving limits with Chase?

Anonymous — Mon, 04 Apr 2016 20:00:19 GMT

@Spanky23 wrote:
But I'm reading there is no way to go from Chase to Chase?

Correct...you can not move a balance from one Chase card to another.

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 20:16:21 GMT

Is there anyway around that? At all?

Or what's a good card that may offer higher limits? I really wanted the slate with my higher freedom and I really need a decent limit to transfer so with a higher Freedom I was hoping for a decent slate but now I dont know what to do

Re: Moving limits with Chase?

Anonymous — Mon, 04 Apr 2016 21:43:12 GMT

There is no way to BT from Chase to Chase.

If you are going to take a HP it all depends on your profile. Other than a BT card, the Slate is pretty useless compared to the other options out there.

I'd recommend going for Discover. Even if you don't get the limit you need right away, you can at least ASK for a CLI without a HP. You get that among all the the other benefits of that card. It is a 5% category card, but other than checking pre qual sites all over the place you don't have many options.

Also, with most new cards, the BT promos either need to be done when applying, or within a specific time frame like 30 days. Otherwise, you lose the promo and would have to BT at whatever the rate of the card is. Check the terms.

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 22:32:37 GMT

I already have a discover it that's in the interest phase.

Could I bt from chase to discover back to chase slate (obviously taking a hit in fees) if not I need to look elsewhere other than discover

Re: Moving limits with Chase?

Anonymous — Mon, 04 Apr 2016 23:01:40 GMT

you could but that's a round about way of doing that. you should have definitely thought of your plan before getting the slate. do you have any NFCU cards?

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 23:15:38 GMT

I'm doubting so but let's say I have a 6400 credit limit on my discover card. Could I transfer 2k from my freedom there, take a % hit and then transfer that to a chase slate? I don't see any cards that I would keep after paying off (maybe holding the 12-21 months for the 0% apr) because most of them don't offer rewards I like

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 23:17:43 GMT

I need to edit my op. I don't have the slate yet but with excellent credit and a good standing with chase I like my chances. Just didn't know if it was possible

Re: Moving limits with Chase?

Anonymous — Mon, 04 Apr 2016 23:18:11 GMT

yes you could but i would ask discover if you have a BT offer and maybe see if they can waive the fee first. never hurts

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 23:22:34 GMT

I will check. I doubt it as I've had it for 2 years but doesn't hurt to ask

Re: Moving limits with Chase?

Anonymous — Mon, 04 Apr 2016 23:25:46 GMT

many people get offers after a few years

Re: Moving limits with Chase?

Anonymous — Mon, 04 Apr 2016 23:57:14 GMT

What's being in the interest phase of discover have anything to do with anything? Bt is separate from purchases.
Also you can bt to a checking account, or a bt check, then pay the balance from your checking

Re: Moving limits with Chase?

Spanky23 — Mon, 04 Apr 2016 23:59:01 GMT

I just emailed them. So we'll wait and see. Thank you. Are you 100% sure I can bt from chase to discover back to chase? Don't wanna screw myself over since discover is also in interest phase

Re: Moving limits with Chase?

Anonymous — Tue, 05 Apr 2016 00:01:52 GMT

you won't be denied the BT.. it'll just take almost a month before it hits your slate.

Re: Moving limits with Chase?

Anonymous — Tue, 05 Apr 2016 00:02:49 GMT

I think you're very very confused.
1. I didn't see it said, have you looked for BT offers on discovers site?
2. Are you aware bt apr and purchase apr are two separate things? It matters 0 if your in an interest period on a card, balance transfers generally have their own apr(some the same as purchase apr).
3. You can bt from chase to discover to chase to capital one to chase to capital one to discover to chase to capital one and back to chase. Good luck with the fee's.