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Amex - Chopped!

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09Lexie
Moderator Emerita

Re: Amex - Chopped!

Message 31 of 39
RockinRay
Valued Contributor

Re: Amex - Chopped!

I wanted to follow up on this...

 

Yesterday, I was able to move $20,500 from the BCE card to the Costco Amex. I will close the BCE card this week.

 

In two weeks, I will move $4500 from the Delta Gold to the Costco Amex. I will then close the Delta Card as my wife has one and we do not need two of them!

 

Then, my CL on the Costco Amex will be $30k which was my goal.

Ray

** Every Card has a Job, and Every Card does its Job **
Message 32 of 39
JonStur
Established Contributor

Re: Amex - Chopped!


@RockinRay wrote:

I wanted to follow up on this...

 

Yesterday, I was able to move $20,500 from the BCE card to the Costco Amex. I will close the BCE card this week.

 

In two weeks, I will move $4500 from the Delta Gold to the Costco Amex. I will then close the Delta Card as my wife has one and we do not need two of them!

 

Then, my CL on the Costco Amex will be $30k which was my goal.


Lots of people can learn this...it's all about planning and execution!!!!!


Starting Score: TU 595 EX 600 EQ 585
Current Score: TU 820 EX 825 EQ 812
Goal Score: 800 Club (Mission Accomplished)

Amex Platinum, Amex BCP $17.5K, 5/3 Sig $10K, Capital One Quicksilver 15K, Walmart 10K, US Bank Cash+ 15K, Sam's Club 10K, Chase Freedom $6K, Discover More $15K, Chase United Club MileagePlus $33K, Costco $6K, CapOne Quicksilver One $7K, Cap One Quicksilver $5K, Amazon $3K, Barclays $12.5K, Home Depot $7.5K, AppleCard $6K
Message 33 of 39
score_building
Senior Contributor

Re: Amex - Chopped!

Must've missed something...thought accounts had been closed...how can OP reallocate?

DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: AFCU, Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover
Message 34 of 39
RockinRay
Valued Contributor

Re: Amex - Chopped!

After I spoke with them on the phone to close my accounts, I sent them a follow up secure email asking them if this reallocation could be done. I was told reallocation could be done, but I had to wait for the Costco Amex to age to 60 days which at the time it had not.

 

So, the accounts remained open until I got to 60 days on the Costco card. While I requested an account closing, it had not processed when they received my email.

 

It's strange, as of today my CL shows with Amex:

 

1. Costco Amex; $25,500

2. BCE; $24,100 - I asked to move $20,500 from this card.

3. Delta Amex; $5000

 

Maybe the change on the BCE line will change in a few days but as it stands now, it shows still available to use on my online account.

 

Since I have been a member since 1979, I guess "membership does have its privileges"!  Smiley Happy

Ray

** Every Card has a Job, and Every Card does its Job **
Message 35 of 39
CS800
Super Contributor

Re: Amex - Chopped!


@RockinRay wrote:

After I spoke with them on the phone to close my accounts, I sent them a follow up secure email asking them if this reallocation could be done. I was told reallocation could be done, but I had to wait for the Costco Amex to age to 60 days which at the time it had not.

 

So, the accounts remained open until I got to 60 days on the Costco card. While I requested an account closing, it had not processed when they received my email.

 

It's strange, as of today my CL shows with Amex:

 

1. Costco Amex; $25,500

2. BCE; $24,100 - I asked to move $20,500 from this card.

3. Delta Amex; $5000

 

Maybe the change on the BCE line will change in a few days but as it stands now, it shows still available to use on my online account.

 

Since I have been a member since 1979, I guess "membership does have its privileges"!  Smiley Happy


Yikes 1979?? My parents had a plan for me then lol




Message 36 of 39
daybreakgonesXe
Valued Contributor

Re: Amex - Chopped!

That's okay CS...my mother was 19, while my dad was 33 and likely still in his previous marriage in '79! I wasn't even close to a twinkle yet! XD
Message 37 of 39
RockinRay
Valued Contributor

Re: Amex - Chopped!


@CS800 wrote:

@RockinRay wrote:

After I spoke with them on the phone to close my accounts, I sent them a follow up secure email asking them if this reallocation could be done. I was told reallocation could be done, but I had to wait for the Costco Amex to age to 60 days which at the time it had not.

 

So, the accounts remained open until I got to 60 days on the Costco card. While I requested an account closing, it had not processed when they received my email.

 

It's strange, as of today my CL shows with Amex:

 

1. Costco Amex; $25,500

2. BCE; $24,100 - I asked to move $20,500 from this card.

3. Delta Amex; $5000

 

Maybe the change on the BCE line will change in a few days but as it stands now, it shows still available to use on my online account.

 

Since I have been a member since 1979, I guess "membership does have its privileges"!  Smiley Happy


Yikes 1979?? My parents had a plan for me then lol


I am old.... No, wait, I am not old!  Smiley Happy

Ray

** Every Card has a Job, and Every Card does its Job **
Message 38 of 39
09Lexie
Moderator Emerita

Re: Amex - Chopped!

Message 39 of 39
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