topic Re: Chase new card reallocation issue? in Credit Cards

Chase new card reallocation issue?

Anonymous — Sun, 12 Aug 2018 23:45:38 GMT

I just opened a new chase card and transferred some of my credit limit from my FU to this new Hyatt card (opened yesterday).

Both cards have had the amounts transfer as requested, but the Hyatt card lists available credit as 0 since the reallocationp. Has anyone had this issue before? Should I be concerned?

Tried to search this topic but didn’t find something that was clearly the same situation.

Re: Chase new card reallocation issue?

Shadowfactor — Mon, 13 Aug 2018 00:21:00 GMT

Call chase and ask.

It’s normally never a good thing when a card shows $0 available credit

Re: Chase new card reallocation issue?

UpperNwGuy — Mon, 13 Aug 2018 03:21:53 GMT

Is there anything about your credit profile that would cause any concern at Chase once they put eyes on your accounts?

I'm a firm believer in not transfering credit limits between cards until the newer card is at least several months old and has had several statements cut. When you request such a transfer, you're asking the bank to put human eyes on your accounts, and sometimes what those eyes see results in a reversal of the computer's decision to approve the new card.

Re: Chase new card reallocation issue?

Anonymous — Mon, 13 Aug 2018 23:03:53 GMT

Update:

Thought I’d share that at some point today, the new card showed available credit as expected after the transfer. Just in case anyone else encounters the same situation.

I will further update if any issues arise between now and getting the card.