topic Re: Combining limits effects in Credit Cards

Combining limits effects

ecxpa — Mon, 05 May 2014 15:53:46 GMT

So I just got off the phone with Barclays.......transferred 4k from their LLBean card to my Rewards card. Will this affect my credit negatively since there was a CL decrease on the LL Bean Card....I decided to keep 500 on this card.....since I do use LL Bean occasionally.

Re: Combining limits effects

Anonymous — Mon, 05 May 2014 16:01:46 GMT

There's no intrinsic effect on scoring.

However, if you have a low CL like $500, and let much of a balance report (like $450), then that card is maxed, and maxing cards hurts your scores.

Re: Combining limits effects

ecxpa — Mon, 05 May 2014 16:11:39 GMT

Thanks.....if i use the card it will definitely be PIF before it reports anything over 10%

Re: Combining limits effects

PlasticOrPlastic — Mon, 05 May 2014 16:52:36 GMT

Also dont expect a CLI anytime soon, as Barclay counts limit transfers as Credit Line Change.