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Amex transferring limit question.

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My_Fako
Established Contributor

Amex transferring limit question.

I recently got a new BCE. They took some of my credit line from my ED...

Snice I BCE wasn't going to start reporting for a bit. I was going to move some of my limit to my ED card. But forgot too. Today my ED updated on my CR with a lower limit. If I transfer some from my new BCE... Will they update soon or next statement cut?

Hope this all makes sense lol.
Amex PRG NPSL I Chase Marriott $10k I Venture $15.3k I Amex BCE $10K I PNC 13K I Chase IHG $8.6k l Amazon $6k l Chase Hyatt 20k l US Bank Cash+ $13K I Barclays $12.6k I Venture $13k l Discover it $4.6k l Express Next $3.1k l Amex EverDay $15K l Cabelas 1k I Wayfair $17.1k I Walmart $8k l SG $9.8k l Target $3.6K I PP 2K l AU Shell Gas $900 opened in 1974 l Ex 704 Tu 698 Eq 667

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Message 1 of 6
5 REPLIES 5
UpperNwGuy
Valued Contributor

Re: Amex transferring limit question.

It does not make sense.  It sounds like you want to undo what Amex did when they moved credit limit from your ED to your new BCE.  I doubt Amex will go along with that.

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Message 2 of 6
MrDisco99
Valued Contributor

Re: Amex transferring limit question.

You should be able to move it back no problem.  It would report on the next statement, though.

Message 3 of 6
NRB525
Super Contributor

Re: Amex transferring limit question.

$10k on one, $15k on the other? 

What sort of shift were you planning?

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 4 of 6
Np1791
Frequent Contributor

Re: Amex transferring limit question.

You can make one limit transfer every 30 days. One card must have 1,000 left over.

As of 11/28/2018
Message 5 of 6
Anonymous
Not applicable

Re: Amex transferring limit question.

I was told that if I reallocate from Everyday to BCE I had to leave atleast a CL of $500 of the $2,000 CL.  But customer service also said I could do a reconciliation of my credit line at any time.  I've had both cards less than 90 days and I have seen on this board that you have to wait 13 months so I don't know what to believe.  I'm going to wait 91 days from the newest card being opened and try the reallocation.

Message 6 of 6
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