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NFCU limit combining

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AMI26
Member

NFCU limit combining

I have 3 NFCU cards that I was going to try to have the limit transferred to one card (credit limits are 16k, 7.5k, and 7k) There is a zero balance on all the cards so I wouldn't be asking to transfer any balances or anything. 
my question is, if I did that and and transferred the total 14.5k over to the 16k card and closed the other two. Would closing those two end up hurting my credit? all three cards were apped around the same time  so I don't know if that makes a difference. 

 

Started Credit Journey in 2020 with no CC's and 420 score
Current score: 750
Total credit limit: $72,100
Usage: >1%
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cashorcharge
Community Leader
Super Contributor

Re: NFCU limit combining

As you'll be keeping the total available credit in your profile and you aren't carrying any balances, moving credit to another account and then closing one should not have a negative impact at all.  The closed account will continue to report for roughly 10 years so you'll still get that aging benefit.  There are mixed messages about people being successful and getting declined from moving limits with NFCU.  I did this last year without an issue.  All my accounts were satisfactorily aged at the time.  You didn't mention "when" you opened yours and while that may not be a consideration in your score, it may in NFCU's decision to accomodate your request.  I completed mine using Private Message online.  I would suggest you do the same...Good Luck

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OmarGB9
Community Leader
Super Contributor

Re: NFCU limit combining

They may not let you without a BT occurring. Also, I believe the donor cards must be at least a year old before you can take their limit. 


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ghgirll40
New Contributor

Re: NFCU limit combining


@OmarGB9 wrote:

They may not let you without a BT occurring. Also, I believe the donor cards must be at least a year old before you can take their limit. 


Both of these things are true.

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