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I have a Penfed Cash Rewards with a 10k limit and a Penfed Amex with a 15k limit.
Since this is my only Amex I would prefer I higher limit for travel. I already have a CAP 1 QS with a big limit.
I like the idea of two high limit cards - One Visa and One Amex. High limits for me - :-)
Penfed has told me I could close the Visa and add the limit to my Amex and it will look like an CLI.
Thoughts are appreciated.
I have a lonely Cabelas Visa with a $1500 limit that is useless to me. Any ideas what to do with it?
Penfed is easy to deal with on consolidating CCs. Give them a call. They'll combine them for you.
I'd SD the Cabela's for now. You can close it if you wish.
I combined my Penfed PC and PR. Super easy.
Yes, they already said no problem. Is it a smart move?
@tussking wrote:Yes, they already said no problem. Is it a smart move?
Just do it. It's unclear what you're asking of us. You appear to have some concern that you're not sharing.