@Anonymous wrote:I thought reallocating credit limits between Amex cards was easy move. I am going to close an Amex card next month so I thought I would reallocate all but 1000 of its limit to another card. And I got the 7 to 10 day message. The new limit would have been 45k. Does this happen often?
In my experience, it is an easy move when they're going to approve it. But each time they didn't approve it instantly, my request was turned down. Wishing you better luck. Maybe they just want income verification because you would be in the 35k & above range.
Yeah 7-10 days means they denied it. I've had that happen as well.
Usually for me it was because I didn't wait long enough between moves.
Also, the rules seem to be different for business cards. I tried moving limits from one business card to another and they gave me some spiel about the age of accounts or something. I tried again from a newer personal card and it worked no problem.
They denied my attempts because im too average and poor. Lol, probably door #2
(Mod cut - not here please). We are talking about the mighty AmEx.
When it comes to 7-10 days for credit line transfers it is either a verification or a flat out denial. More usually a denial. If you need to feel free to call in and ask what is going on. This is one of those things that is rather easy to complete in most cases.
