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I want to take advantage of the AMEX Everyday balance transfer limit to get the last of my credit card debt to 0%. I applied, and got approved for $6K credit limit with $4.5K balance transfer limit.
I'm wondering if I can increase the amount I can balance transfer by moving some credit from my AMEX Blue card ($32K limit). Is the balance transfer limit a fixed amount, or is it a percentage of the total credit line? I don't think I've ever had a card with a separate balance transfer limit.
It's 75% with a max of $7,500 - so you could theoretically move 4K in limit over to get the full $7,500, but not beyond that.
I got this card recently and found out the same thing.