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moving limits around - amex business

SG43
Valued Member

moving limits around - amex business

Is it possible to reallocate limits between amex business products? I don't really use my  BBC as i focus on points. Does amex allow closing and reallocating the limit to my BBP? Also if i decide to close either the BBP or Amex Prime, can those limits move to each other respectively?




Open Installments - Nfcu Auto, Cap1 Auto
Closed Installments - Chase Auto, Prosperity Bank
Closed Revolvers - Nfcu Plat, Citi Simp, Citi DC, Citi DP, Cap1 Plat, Cap1 V1, Chase FU, First Premier
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4 REPLIES 4
BearsCubsOtters
Frequent Contributor

Re: moving limits around - amex business


@SG43 wrote:

Is it possible to reallocate limits betweenamexx business products? I don't really use my  BBC as i focus on points. Doesamexx allow closing and reallocating the limit to myBBPP? Also if i decide to close either theBBPP orAmexx Prime, can those limits move to each other respectively?


Yes, they do allow you to move credit from business products to other business products. You can even do this yourself through online account management through the Account Services menu; though, I do not believe you can fully move 100% of one cards limit to another and close it out on your own. 

 

Amex transfer.JPG

 

From here it will take you to a screen wherein you would chose the card from and the card to, in increments of $100.00. Or, if you prefer, you can call them and perform this through customer service. 

Message 2 of 5
SG43
Valued Member

Re: moving limits around - amex business

Wow! Thank you so much for the detailed reply! Thank you. 




Open Installments - Nfcu Auto, Cap1 Auto
Closed Installments - Chase Auto, Prosperity Bank
Closed Revolvers - Nfcu Plat, Citi Simp, Citi DC, Citi DP, Cap1 Plat, Cap1 V1, Chase FU, First Premier
Message 3 of 5
sugarcreek67
Valued Member

Re: moving limits around - amex business


@SG43 wrote:

Is it possible to reallocate limits between amex business products? I don't really use my  BBC as i focus on points. Does amex allow closing and reallocating the limit to my BBP? Also if i decide to close either the BBP or Amex Prime, can those limits move to each other respectively?


Per Amex csr, you can only move a credit line every 30 days, I am waiting to run that 30 day clock to move another line myself and then call to close one of my HH cards



>>current scores 10/10/21

EQ Fico9 774
TU Fico9 750
EX Fico9 768
TU fico 8 757
EX fico 8 750
EQ Fico8 750
Business credit
Paydex 80
Experian Biz 91
EQ biz 398
Message 4 of 5
Alephbet
Contributor

Re: moving limits around - amex business


@sugarcreek67 wrote:

Per Amex csr, you can only move a credit line every 30 days, I am waiting to run that 30 day clock to move another line myself and then call to close one of my HH cards

That's correct. I have moved credit between my Delta Reserve for Business and Marriott Bonvoy Business cards multiple times now but you must wait 30 full days or it will be automatically denied. It's pretty convenient to be able to do it yourself. Another detail that might be of interest is that, according to the page to transfer credit lines:

 

"You can request to have a portion of your available credit transferred between two of your eligible consumer credit cards, between two of your eligible business credit cards or from your eligible consumer credit card to business credit card"

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