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I just got home 30 minutes ago and I got a letter from AmEx about the TE Card in the mail.
See my new thread here for more info:
http://ficoforums.myfico.com/t5/Credit-Cards/Mail-from-AmEx-about-Costco-TE-Card/td-p/4091395
The statement that limits can't be allocated from the Costco TE card to another card got me intrigued.
I've been meaning to move part of my TE limit to my ED card for months and I just now did it. So the CSR who said that TE limits can't be reallocated is wrong.
Rules for TE reallocation are the same as for other Amex cards. Donor card must be 13+ months old, recipient card 60+ days.
Glad to be of help.
They may not be allowing PCs from the TE to some other card right now, but CL allocations are definitely a go.
It may be that the person above who was refused a reallocation was refused because there was no recipient card old enough to qualify. Unlike a lot of cccs, Amex won't reallocate a CL upon opening a new card.
@Gunnar419 wrote:Glad to be of help.
They may not be allowing PCs from the TE to some other card right now, but CL allocations are definitely a go.
It may be that the person above who was refused a reallocation was refused because there was no recipient card old enough to qualify. Unlike a lot of cccs, Amex won't reallocate a CL upon opening a new card.
Thanks for your info! Big help! And you are right. I think the reason they refused is because I was trying to apply for a new card. When they declined my application, I offered to reallocate my CL to a new prospective card and that's when they said no. I just really want to retain my AmEx card. ![]()