Chase moving limit

[Anonymous]

Hey guys,
I'm considering moving my $5k from ritz to freedom and closing it out. Will they think I'm a churned or something? I did pay the AF.

[Anonymous]

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@Anonymous wrote:
Hey guys,
I'm considering moving my $5k from ritz to freedom and closing it out. Will they think I'm a churned or something? I did pay the AF.

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What's the hurry to close it out?  They certainly are less likely to think that you are churning if you wait some time.  You just got the card, paid the AF , so there is no need to rush to close it out.

[Anonymous]

Did you get the bonus?

[Anonymous]

Yes I got the bonus, but i don't want or need to close it, I would just rather have the limit on my freedom card, with 0 apr. Since I can't get a CLI, that's the only option.

[Anonymous]

I'd suggest you wait to close it out until later in the year.

[Anonymous]

Just move everything but $500 from the RC.

[Anonymous]

Good idea. I thought there was a minimum $5k on RC

[Anonymous]

You'll be able to move all but $500.  They need to keep $500 on the card while they process the cancellation.  You won't have any trouble though.  I just cancelled my RC and moved my line to another card.  They moved everything but $500. 

[Anonymous]

I'd be happy to keep it open with a $500 limit. I love the card.

[chalupaman]

Don't close it right away. You are probably aware of how anti churn Chase is. I did it once with my SW card but if you've noticed, I've left all my other Chase cards open. I think I had my SW card 5 months before closing it BTW.