@Anonymous wrote:
I have a few cards from the same lender which I am interested in closing down but after transferring the whole credit limit to the one I would like to keep. For example- I have 3 different credit cards with Chase. Chase Sephire, Chase Freedom and Disney. I want to keep Chase Sephire and like to close down Chase Freedom and Disney but after transferring all CLs from these two cards to Chase Sephire. Do you think its possible? Does Chase allows it? Can I transfer the whole limit from these two cards to Sephire? Would there be any HP for this? Any negative consequences I should be awared of to doing so?
Also, I have two Capital one card. Can I do the same thing with Capital One? Same goes to Elan Financial...I have 3 accounts with them. And Wells Fargo as well...I have 2 accounts with them...
I do not want to have any HP in doing so nor I would like any of my accounts to get shut down. Please let me know if you know anything about it....
Thank you
Chase allows reallocations, but in a variety of cases, not all of the entire CL can be transferred. It really depends when you decide to process the request(s). No HP to combine/reallocate.
Capital One reallocations and/or account combinations are no longer possible. That ship sailed long ago, sorry you missed the boat. Unless Capital One reintroduces that option, that's the only way.
ELAN does not combine accounts or CLs. The same would apply to US Bank.
Wells Fargo allows reallocations - it should be no HP.
As far as AA, that depends on the institution. Chase would be one that we've seen can probe a little deeper, if anything. But, the forum cannot guarantee when a lender does AA. Sort of the YEMV and defying DPs kinda thing.
