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Reallocating CL in amex - issue if over $25,000?

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loan2points
Member

Reallocating CL in amex - issue if over $25,000?

Hey

 

I did this online about 60 days ago - I trasnfer aboue 15k or so (can't remember) from my ove a year old godl delta into my fairly new busines plus. It was instantly approved. I would like to transfer another 15k from gold to bbp.... This will put my CL of the bbp at around $35,000. 

 

I read that it then becomes a hard pull or an issue... any info or anyone with expreince on this? 

Message 1 of 4
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K-in-Boston
Epic Contributor

Re: Reallocating CL in amex - issue if over $25,000?

Welcome to the forums.  I've never had an issue.  I just moved $25k from my SPG Luxury to Delta Reserve (swapped $35k and $10k credit lines) and moved $8700 from DW's Delta Gold to EveryDay making it $42,700 last year.  Also moved another $10k from her Delta Gold to Delta Reserve making it $20k.  Never been an issue.  My last HP from Amex was in 2002, DW's last one was in 2016 when she opened her first primary account after being an AU on 3 of mine for 13 years.

 

The only limitations I am aware of is that you can only reallocate once per 30 days, and you cannot reallocate from business to personal (other direction is fine).

Message 2 of 4
loan2points
Member

Re: Reallocating CL in amex - issue if over $25,000?

Excellent! thank you for response. 

 

I am assuming you used the online tool to do this and were instantly approved? 

Message 3 of 4
K-in-Boston
Epic Contributor

Re: Reallocating CL in amex - issue if over $25,000?

No problem at all.  Yes to both questions.

Message 4 of 4
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