topic Re: AMEX "Transfer available credit to another Card" feature in Credit Cards

AMEX "Transfer available credit to another Card" feature

jason10 — Sun, 10 Apr 2011 04:59:26 GMT

Is this something new? I've read about people moving credit lines when consolidating cards but I assumed that was something that was only done as a special request. After activating my new Starwoods Preferred card a new link appeared above "Dispute/Inquire about Account Activity". Basically, it allows you to transfer credit from any of your AMEX cards in $100 increments. I was able to transfer $2,000 from my unused Blue card to my new SPG account resulting in a $5,000 CL. Very handy. Anyone else use this feature?

Re: AMEX "Transfer available credit to another Card" feature

Anonymous — Sun, 10 Apr 2011 03:29:04 GMT

Yes, this is a feature that has recently been reinstated for amex cardholders.

Are you saying you were able to immediately transfer credit limit from an existing card to a card you were recently approved for? I read someone say they were turned down when trying to transfer limit to a new card, which is something I will need to do with my Hilton I was just approved for, so I'm hoping they will allow me to move some of the limit from my blue cash.

Re: AMEX "Transfer available credit to another Card" feature

jason10 — Sun, 10 Apr 2011 03:34:56 GMT

Yes, I was able to transfer $2,000 from my 4 year-old Blue card to my new SPG card (applied on 4/3, activated today). I was asked how much I wanted to transfer as well as my HHI. You can transfer any amount (in $100 increments) of your choosing so long as you leave at least a $500 CL on each card. The request was immediately approved and my CL updated instantly. The approval page said it would update within 15 minutes.

I was able to transfer to/from any of my cards, and the link remains after making a transfer.

Re: AMEX "Transfer available credit to another Card" feature

Anonymous — Sun, 10 Apr 2011 03:38:15 GMT

Well, that's good news.

$500? I wonder if that's different now, or different from person to person, as I thought the limit was $1000

Re: AMEX "Transfer available credit to another Card" feature

haulingthescoreup — Sun, 10 Apr 2011 03:58:56 GMT

@jason10 wrote:
Is this something new? I've read about people moving credit lines when consolidating cards but I assumed that was something that was only done as a special request. After activating my new Starwoods Preferred card a new link appeared above "Dispute/Inquire about Account Activity". Basically, it allows you to transfer credit from any of your AMEX cards in $100 increments. I was transfer $2,000 from my unused Blue card to my new SPG account resulting in a $5,000 CL. Very handy. Anyone else use this feature?

jason10, where exactly did you see the link? I don't have a link called "Dispute/Inquire about Account Activity", or at least, not on the main page.

I'm always baffled by AmEx's website.

Re: AMEX "Transfer available credit to another Card" feature

Anonymous — Sun, 10 Apr 2011 04:07:08 GMT

@haulingthescoreup wrote:

I'm always baffled by AmEx's website.

It's tough to navigate. Sometimes I think they have 4 different websites at any given time and it's just up to chance as to which one you're taken to.

Re: AMEX "Transfer available credit to another Card" feature

jason10 — Sun, 10 Apr 2011 04:52:38 GMT

It's not on the main page. Select the Recent Activity or Online Statement links for one of your cards. The "Dispute/Inquire about Account Activity" link will be on the bottom left. The "Transfer Available Credit to another Card" link should be directly above it. If you don't see the link, try another card.

For some reason the link wasn't showing for my Blue card but was displaying for my Costco TE and SPG cards. The next time I logged in, it was available for the SPG and Blue but not the TE. It doesn't really matter. So long as you have the link on one of the pages, you can transfer credit to/from any card.

Re: AMEX "Transfer available credit to another Card" feature

Anonymous — Sun, 10 Apr 2011 16:02:59 GMT

Found it, thanks. This will come in handy when I get my Hilton card if they approved me for $2k again, I'll transfer some from my Blue Cash that I rarely use.

Re: AMEX "Transfer available credit to another Card" feature

haulingthescoreup — Sun, 10 Apr 2011 16:41:08 GMT

Thaks, it worked! The link was on the older card (the Blue). I transferred $3K to the Costco to make it $10K, leaving Blue at $2K.

It does ask you to enter your income, with the options to use household income or provide alimony, if you want. I just entered the same figure that I entered first time around (an accurate figure, btw. )

Re: AMEX "Transfer available credit to another Card" feature

android01 — Sun, 31 Jul 2011 03:58:48 GMT

I just tried the transfer balance feature to transfer 5k from my Delta Card to my Costco card and I got a 7-10 day message! I wonder what that's all about. I thought that if you have the transfer feature available, it's just a transfer from one card to another. At least that's what I'm hoping, and this doesn't result in a hard pull. Weird....

Re: AMEX "Transfer available credit to another Card" feature

android01 — Sun, 31 Jul 2011 15:02:17 GMT

Well, there was no pull of any kind. I can't imagine why I would get a 7-10 day message just for transferring some of my available CL from one card to another. Has this happened to anyone else?

Re: AMEX "Transfer available credit to another Card" feature

Scuba — Sun, 31 Jul 2011 16:33:29 GMT

I don't seem to have that feature, I looked at my Blue and Platimum Delta both credit cards, one with a low CL and one with a healthy 15K line.

Ok, I will wait another 182 days (I got a 3X CLI on my Delta in June) and request a CLI on my blue. It will be a Merry Xmas to me

Re: AMEX "Transfer available credit to another Card" feature

UFGuy2006 — Mon, 01 Aug 2011 00:16:25 GMT

@android01 wrote:
Well, there was no pull of any kind. I can't imagine why I would get a 7-10 day message just for transferring some of my available CL from one card to another. Has this happened to anyone else?

Yes they've changed the way they do credit reallocations. Its almost like a separate app process where they review your annual income (I'm almost certain this is required to be filled out on the transfer request) and then ultimately how long both lines have been open. I've tried recently and have gotten the 7-10 day message ultimately with a decline because both lines were not open for at least 13 months.

Re: AMEX "Transfer available credit to another Card" feature

android01 — Mon, 01 Aug 2011 04:38:13 GMT

@UFGuy2006 wrote:
@android01 wrote:
Well, there was no pull of any kind. I can't imagine why I would get a 7-10 day message just for transferring some of my available CL from one card to another. Has this happened to anyone else?
Yes they've changed the way they do credit reallocations. Its almost like a separate app process where they review your annual income (I'm almost certain this is required to be filled out on the transfer request) and then ultimately how long both lines have been open. I've tried recently and have gotten the 7-10 day message ultimately with a decline because both lines were not open for at least 13 months.

Thanks for the response. One line is older than 13 months, but the other isn't. I wonder why they offered the transfer option only to not grant it? This option just appeared last Friday, and it is still there today. Its not as though I'm asking for new credit, just a shift in what they've already granted. Amex baffles me sometimes.

Re: AMEX "Transfer available credit to another Card" feature

ArisGreek — Mon, 01 Aug 2011 13:37:03 GMT

I hear ya Android. I did this over the phone last week. I asked the guy a series of questions that it won't be a hardpull, that I want to move $400 from JB to my Blue Cash to make it $1,000...yadda yadda...Long story short, he said it has to get sent to be reviewed. What I didn't ask him is that "Does this happen right away?" and he said "Oh, no it has to get reviewed." I told him I wouldn't have done that if I had known it was a 2 week process because I was going to just cancel my measly $600 CL Blue Cash (Which I might just do). They can be a little sneaky about that stuff. I need to ask more specific questions in the future.

I've *never* been able to get a CLI on that card $600 CL card since I was CLD August 2008 from the credit crunch. I've PCed a few times from SPG, Blue Sky Preferred, Blue Cash (where it is now) but always get declined for CLI. So now that I have a JB Amex with $8.3k) and my Zync...why do I need the Blue Cash in reality? Judging by posts here, I have a feeling my ask of moving $400 from JB to my Blue Cash will be denied since the JB AMex has only been open since June. *sigh* I wish they tell you that it has to be open for 13 months before you can do this stuff...why make all these people do the work behind the scenes if you're not eligible? I still haven't seen any changes to my account so I'm assuming it'll be declined for transfer.

Re: AMEX "Transfer available credit to another Card" feature

ArisGreek — Mon, 01 Aug 2011 21:48:05 GMT

Ah, looks like I got declined too for the transfer. I got the letter today. It said that my JetBlue account was too new.

Re: AMEX "Transfer available credit to another Card" feature

HiLine — Fri, 29 Mar 2013 04:51:38 GMT

@jason10 wrote:
It's not on the main page. Select the Recent Activity or Online Statement links for one of your cards. The "Dispute/Inquire about Account Activity" link will be on the bottom left. The "Transfer Available Credit to another Card" link should be directly above it. If you don't see the link, try another card.

For some reason the link wasn't showing for my Blue card but was displaying for my Costco TE and SPG cards. The next time I logged in, it was available for the SPG and Blue but not the TE. It doesn't really matter. So long as you have the link on one of the pages, you can transfer credit to/from any card.

I didn't see any link above the "Dispute/Inquire about Account Activity" link in my account. Do you know if Amex has changed their site navigation again?

Re: AMEX "Transfer available credit to another Card" feature

VirusCredit13 — Fri, 29 Mar 2013 13:49:44 GMT

@HiLine wrote:
@jason10 wrote:
It's not on the main page. Select the Recent Activity or Online Statement links for one of your cards. The "Dispute/Inquire about Account Activity" link will be on the bottom left. The "Transfer Available Credit to another Card" link should be directly above it. If you don't see the link, try another card.

For some reason the link wasn't showing for my Blue card but was displaying for my Costco TE and SPG cards. The next time I logged in, it was available for the SPG and Blue but not the TE. It doesn't really matter. So long as you have the link on one of the pages, you can transfer credit to/from any card.
I didn't see any link above the "Dispute/Inquire about Account Activity" link in my account. Do you know if Amex has changed their site navigation again?

This is a two year old thread

Re: AMEX "Transfer available credit to another Card" feature

HiLine — Fri, 29 Mar 2013 15:40:48 GMT

@VirusCredit13 wrote:
@HiLine wrote:
@jason10 wrote:
It's not on the main page. Select the Recent Activity or Online Statement links for one of your cards. The "Dispute/Inquire about Account Activity" link will be on the bottom left. The "Transfer Available Credit to another Card" link should be directly above it. If you don't see the link, try another card.

For some reason the link wasn't showing for my Blue card but was displaying for my Costco TE and SPG cards. The next time I logged in, it was available for the SPG and Blue but not the TE. It doesn't really matter. So long as you have the link on one of the pages, you can transfer credit to/from any card.
I didn't see any link above the "Dispute/Inquire about Account Activity" link in my account. Do you know if Amex has changed their site navigation again?
This is a two year old thread

That's exactly why I asked.