topic Re: Reallocate limit on one barclaycard to another in Credit Cards

Reallocate limit on one barclaycard to another

waynes1982 — Thu, 01 May 2014 19:51:02 GMT

Hi all so I have an iTunes reward visa with a limit of $250.00 opened with them in 2008, and I have a barclaycard rewards card opened in 11/2013 that had a $500 limit and was auto increased to $1500 this month. I've never gotten an increase on the itunes card, and don't want a hp for one either, should I transfer the limit from this card and put it on my rewards card and close the itunes one? It's an old account since my bk was in 2006, so little hesitant on closing an old card. Will this count as an cli on my rewards card if I do this?

Re: Reallocate limit on one barclaycard to another

pizzadude — Thu, 01 May 2014 22:04:49 GMT

@waynes1982 wrote:
Hi all so I have an iTunes reward visa with a limit of $250.00 opened with them in 2008, and I have a barclaycard rewards card opened in 11/2013 that had a $500 limit and was auto increased to $1500 this month. I've never gotten an increase on the itunes card, and don't want a hp for one either, should I transfer the limit from this card and put it on my rewards card and close the itunes one? It's an old account since my bk was in 2006, so little hesitant on closing an old card. Will this count as an cli on my rewards card if I do this?

I don't think that Barclay allows you to transfer credit limits between different cards.

Re: Reallocate limit on one barclaycard to another

waynes1982 — Thu, 01 May 2014 22:09:21 GMT

I called and they said that they could do that.

Re: Reallocate limit on one barclaycard to another

MrCollector — Thu, 01 May 2014 22:12:59 GMT

@pizzadude wrote:

I don't think that Barclay allows you to transfer credit limits between different cards.

Yes they do. It won't count as a CLI either.

Re: Reallocate limit on one barclaycard to another

pizzadude — Thu, 01 May 2014 22:22:18 GMT

@MrCollector wrote:
@pizzadude wrote:
I don't think that Barclay allows you to transfer credit limits between different cards.
Yes they do. It won't count as a CLI either.

I stand corrected. Thanks everyone!

Re: Reallocate limit on one barclaycard to another

compassion101 — Thu, 01 May 2014 23:23:34 GMT

It shouldn't affect your AAoA until it falls off your report, likely in 10 years