NFCU limit split between cards?

Anonymous · ‎05-13-2018

I have seen a lot of the people on this forum discussing this.

For instance get approved for $15,000 Go Rewards, they take $5000 and open up a Cash Rewards. Now there's 2 cards (10K/5K).

I asked NFCU about this and I was told it's done on an exception basis? That's pretty much all she said.

Has anyone had success with this? What are the exceptions?

Would I be able to take $3000 from a 10K Cash Rewards and put it on a More Rewards Amex?

I have an Nrewards with $500 but don't want to close it yet. I'd rather continue with it and try to graduate. I was just approved for Cash Rewards $10,000 which makes my NRewards become a backseat burner. Seems like my other option is close the Nrewards and try for a different second card after a few months?

Thanks for the help!

UncleB · ‎05-13-2018

@Anonymous wrote:
I have seen a lot of the people on this forum discussing this.

For instance get approved for $15,000 Go Rewards, they take $5000 and open up a Cash Rewards. Now there's 2 cards (10K/5K).
I asked NFCU about this and I was told it's done on an exception basis? That's pretty much all she said.
Has anyone had success with this? What are the exceptions?

Would I be able to take $3000 from a 10K Cash Rewards and put it on a More Rewards Amex?

I have an Nrewards with $500 but don't want to close it yet. I'd rather continue with it and try to graduate. I was just approved for Cash Rewards $10,000 which makes my NRewards become a backseat burner. Seems like my other option is close the Nrewards and try for a different second card after a few months?

Thanks for the help!

There was a time when it was common place to move limits from one card to another (i.e. reallocate) but people figured out that when you reallocated you could immediately request a CLI on the donor card and the system would bump it right back to where it previously was, so NFCU put a stop to it.

Recently, though, there have been some reports of reallocation success... I believe @AverageJoesCredit had luck just a few weeks back - he had a specific need (for a BT) - which supports the information you were given about it being on an exception basis.

AverageJoesCredit · ‎05-13-2018

Yes, UncleB is correct. Due to my circumstances and hopefully my pleading of my case, I was able to transfer limits. Many have inquired about combining limits but haven't been successful perhaps in part to overall exposure?

I think you are on the right path. I wouldnt worry too much in trying to reallocate limits right now, unless urgently needed, because in time your internal score and history will improve and they will open more credit to you. It's also my belief taking good care of your accounts, ie paying on time and or pif helps build your case should you ever need to plead one