Wells Fargo Active Cash

[Anonymous]

Approved for the Active Cash on 9/7/2021 with a spending limit of $7,800. They pulled Equifax with a score of 779. 1/6, 3/12, and 8/24 inquires. I did have a Wells Fargo Propel with a spending limit of $6,300 at time of application that's about 2 years old. Haven't put any spend on it because all of my restaurant spend has been on my AMEX Gold for the last 11 months. I received a letter in the mail on 9/11/2021 from Wells Fargo. The letter stated that they are reducing my credit limit on the Propel for non-use in the amount of $4,800 and applying that amount to the active cash to create the total $7,800 credit limit. Has anyone else ran into this? Was actually thinking of dropping my Gold Card because of them cutting the benefits that I actually use and going back to the Propel for restaurants. Guess I will give them a call tomorrow to see if they can increase my limit back to $6,300.

[Jordan23ww]

Congratulations on your approval! Sorry to hear about them decreasing your Propel limit during the approval process! 

Thank you for sharing this info. I have the Propel also. Like you I've been putting all my dining out on my Amex Gold or other cards when they've offered 5% on dining. Now I just have a monthly subscription on the Propel and I use it for gas. I will make sure I keep using the Propel to keep them from cutting my limit. 

[CreditAggie]

Congratulations on your Wells Fargo Active Cash approval!

[KingRue8500]

Congrats on your Wells Fargo Active Cash approval

[Rebuild2019]

Congratulations on your approval.

[Elpadrino1]

Congrats on your WF approval!!

[pizzadude]

Congrats on the Active Cash approval, but sorry to hear they CLD you on the Propel card.   Hope you have success getting some of that CL back!

[NoMoreE46]

My Propel was at $30,000 but I Asked to reallocate $9,000  to my newly approved AC.  Though glad of the AC approval,  I was disappointed with the $1,000 SL.

[Anonymous]

Congrats  ? 

[Taurus22]

Congrats on your Wells AC approval!    Good luck on your recon with the Propel....