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Transfer CL between different banks?

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MrCollector
Regular Contributor
‎04-22-2014 05:29 PM
‎04-22-2014 05:29 PM

Transfer CL between different banks?

Is is possible to combine CL between different banks? For example, move some funds from my Cap 1 to my Discover or Chase?

829 (TU) 809 (EX) 827 (EQ)

Chase Sapphire Reserve 65k | Citi AAdvantage Executive 37k | Hilton Aspire 35k | Fidelity Rewards 23k | Capital One Venture X 19k | Aviator Red 18k | World of Hyatt 10k | | Discover It 5k
Message 1 of 6
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pizzadude
Credit Mentor
‎04-22-2014 05:36 PM
‎04-22-2014 05:36 PM

Re: Transfer CL between different banks?

@MrCollector wrote:

Is is possible to combine CL between different banks? For example, move some funds from my Cap 1 to my Discover or Chase?

Nope. 

 

A few creditors might allow you to transfer CLs between accounts ( i.e. one Chase account to another Chase account ), but most do not.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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SunriseEarth
Moderator Emeritus
‎04-22-2014 05:37 PM
‎04-22-2014 05:37 PM

Re: Transfer CL between different banks?

@MrCollector wrote:

Is is possible to combine CL between different banks? For example, move some funds from my Cap 1 to my Discover or Chase?

I wish.  I'd love to move my CareCredit CL to my AMEX.

 



Start: 619 (TU08, 9/2013) | Current: 804 (TU08, 10/07/25)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Disney Premier VS $52000 | Discover IT $46000 | NFCU cashRewards Plus WMC $33000 |Venmo VS $30000 | Cash+ VS $30000 | Macy's AMEX $25000 | Ralphs Rewards WEMC $25000 | Synchrony Premier $24,200 | Citi Custom Cash MC $22600 | GS Apple Card WEMC $22000 | WF Attune WEMC $22000 | Freedom Flex WEMC $18000 | Amazon VS $15000 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Rakuten AMEX $12500 | Sephora VS $11900 | Wayfair MC $9500 |~~
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Josh2942
Established Contributor
‎04-22-2014 05:59 PM
‎04-22-2014 05:59 PM

Re: Transfer CL between different banks?

No...

Jaguar F-Type R Loan 50K Balance
Goldman Sachs Signature Loan $29,000 TU 750 score pulled at time of loan.
Student Loan Debt $1,500
Credit Card Debt $300 1>% of $166,700
FAKO Transunion 723 Equifax 744
What's in my wallet? Chase Sapphire Reserve, Chase Freedom Unlimited, and AMEX Blue for Business
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DigitalArk
Valued Contributor
‎04-22-2014 06:51 PM
‎04-22-2014 06:51 PM

Re: Transfer CL between different banks?

I wish it could be done that way. Smiley Surprised

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BigBS
Senior Contributor
‎04-22-2014 06:57 PM
‎04-22-2014 06:57 PM

Re: Transfer CL between different banks?

@DigitalArk wrote:

I wish it could be done that way. Smiley Surprised

Me too.

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

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