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Multiple Biz and Reallocation Question

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Xanthos472
Regular Contributor

Multiple Biz and Reallocation Question

Sorry if the title is a little misleading. So for y'all that have 

   1. Multiple businesses and

   2. Credit cards for both (or more) with issuers that allow reallocation;

do they allow CL shifting between, say, CIU/Biz A and CIU/Biz B?

    Sorry, I'm tired. And when I'm tired, my mind starts to wander down rabbit holes 🕳 🙃 

 

 

Cap 1 QS #1 2.5K Cap 1 QS#2 16K | Citi DC 6410 Citi SYW 3K | Synch 2% 10K | Disco IT 11.3K | Disco Miles 10.6K | CFF 2.4K | Amex BCE 6K EDP 6.2K Schwab 3K | Citizen's 1.8% 12.2K | Wells Cashwise #1 17.45K #2 1K | USBank Cash+ 21K | Fidelity 20K | Truist Spectrum #1 7.5K Spectrum #2 4.5K Bright 5K | PNC Cash #1 3K Cash #2 600 Points #1 600 Points#2 600 | BECU Cash 23.4K Low Rate 10.5K | BoA Premium Rewards 44.9K Travel Rewards 30K | FNBO Evergreen 20K | SAFE CU Cashback + 10K | Huntington Voice 7150 | Keybank Latitude 8K |
BECU CLOC 15K
~BIZ Credit~ Amex BBP 9.6K BBC 10.2K Biz Plat NPSL x2 Biz Gold NPSL x2 | USBank Biz Cash 10K | Citizen's ED Points Biz 7K | FNBO Biz Evergreen 13.7K | BoA Biz Unlimited #1 7.5K |BoA Biz Unlimited #2 50K | BoA Biz CCR #1 7K | BoA Biz CCR #2 22K | CIC 9K | INK Premier 80K/16K Flex | CIU#1 11K CIU #2 5K |
~formerly known as Xatos~
Message 1 of 3
2 REPLIES 2
cashorcharge
Community Leader
Super Contributor

Re: Multiple Biz and Reallocation Question

Typically, issuers will allow this...assuming the Corp Structure (EIN or other details is the same) then it can be done.  If it's 2 different businesses, that is typically not allowed.  However, if you have personal and business...some do allow reallocation from personal to business as well....to keep that debt your moving around to be hidden from your personal CB.  However, it should also be noted they typically don't move from Business to back to Personal.

Message 2 of 3
Xanthos472
Regular Contributor

Re: Multiple Biz and Reallocation Question

Thanks @cashorcharge Mostly just wondering about Biz#1>Biz#2 with each having a different EIN; sounds like this wouldn't work but figured someone might have attempted it.

Cap 1 QS #1 2.5K Cap 1 QS#2 16K | Citi DC 6410 Citi SYW 3K | Synch 2% 10K | Disco IT 11.3K | Disco Miles 10.6K | CFF 2.4K | Amex BCE 6K EDP 6.2K Schwab 3K | Citizen's 1.8% 12.2K | Wells Cashwise #1 17.45K #2 1K | USBank Cash+ 21K | Fidelity 20K | Truist Spectrum #1 7.5K Spectrum #2 4.5K Bright 5K | PNC Cash #1 3K Cash #2 600 Points #1 600 Points#2 600 | BECU Cash 23.4K Low Rate 10.5K | BoA Premium Rewards 44.9K Travel Rewards 30K | FNBO Evergreen 20K | SAFE CU Cashback + 10K | Huntington Voice 7150 | Keybank Latitude 8K |
BECU CLOC 15K
~BIZ Credit~ Amex BBP 9.6K BBC 10.2K Biz Plat NPSL x2 Biz Gold NPSL x2 | USBank Biz Cash 10K | Citizen's ED Points Biz 7K | FNBO Biz Evergreen 13.7K | BoA Biz Unlimited #1 7.5K |BoA Biz Unlimited #2 50K | BoA Biz CCR #1 7K | BoA Biz CCR #2 22K | CIC 9K | INK Premier 80K/16K Flex | CIU#1 11K CIU #2 5K |
~formerly known as Xatos~
Message 3 of 3
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