cancel
Showing results for 
Search instead for 
Did you mean: 

Transfering limits

tag
Anonymous
Not applicable

Transfering limits

I have 3 chase cards - freedom/freedom unlimited/amazon and I want to transfer the limits from freedom unlimited/amazon ($500 each) to freedom ($2000) and close those 2 cards. I opened all 3 cards this year. If I close these 2 cards out would the result have a negative impact?

Message 1 of 4
3 REPLIES 3
Anonymous
Not applicable

Re: Transfering limits

I would like to know the answer to, I have 4 chase cards I'd like to rearrange.

Message 2 of 4
Anonymous
Not applicable

Re: Transfering limits

After calling chase, it turns out you can't transfer limits from $500 cards even if you close the card. If I transfered a limit from my $2000 card to the $500 card, the max i could transfer over would be $1500....$500 always has to stay on one of the cards

Message 3 of 4
newhis
Valued Contributor

Re: Transfering limits


@Anonymous wrote:

After calling chase, it turns out you can't transfer limits from $500 cards even if you close the card. If I transfered a limit from my $2000 card to the $500 card, the max i could transfer over would be $1500....$500 always has to stay on one of the cards


This is true if you have any activity on the card for the last 60 (90?) days. I was able to close a Chase card with no activity for 100 days (from last payment), and was able to transfer all the limit and close the card.

Message 4 of 4
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.