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Transferring CL from UNITED/SW to Freedom

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MazdaSpeed
Contributor

Transferring CL from UNITED/SW to Freedom

I just got the CSP and I am planning a trip for 2014 summer (the CSP will be used for a few nights at a hyatt, seems like the best value), I also have a Freedom with a 1000 dollar CL

 

I am wondering if I apply for either the united or the soutwest chase credit card (will probably apply for which ever has the best bonus when I am applying next march/april)

 

can I tranfer the CL from the airline card to my freedom and cancel the card before the second year to avoid the AF?

 

 

fico 747
Message 1 of 13
12 REPLIES 12
Cdnewmanpac
Established Contributor

Re: Transferring CL from UNITED/SW to Freedom

Generally yes. Sometimes you are required to leave $500 on the closed card, though people who call a "consolidation" department (i think that was the name) have gotten the whole amount transferred. I closed my SW card in december and transferred 4500 of the 5000 limit to the csp. 

In wallet: Ink Plus 10k, AMEX TE 25k. In bag: CSP 16k, USAA WMC 15k, Hyatt 13k, United MPE 12k, AMEX HHonors 3k. In SD: Cap 1 QS 5k, Discover IT 7k. FICO 08 says my EQ is now 844, was 510 in 2010.
Message 2 of 13
MazdaSpeed
Contributor

Re: Transferring CL from UNITED/SW to Freedom


@Cdnewmanpac wrote:

Generally yes. Sometimes you are required to leave $500 on the closed card, though people who call a "consolidation" department (i think that was the name) have gotten the whole amount transferred. I closed my SW card in december and transferred 4500 of the 5000 limit to the csp. 


awesome thanks

fico 747
Message 3 of 13
myjourney
Super Contributor

Re: Transferring CL from UNITED/SW to Freedom

Southwest had a promo for 2 free tickets just an FYI

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 4 of 13
MazdaSpeed
Contributor

Re: Transferring CL from UNITED/SW to Freedom


@myjourney wrote:

Southwest had a promo for 2 free tickets just an FYI


I'm hoping that comes back! but if not, hopfully the 30k bonus for united is still at least that much, because I can add an AU and get another 5k bonus and I already have 10k miles from a trip to Hawaii so it would 50k which is good for 2 trips(the cheaper rates), and the United card doesnt have an AF the first year

fico 747
Message 5 of 13
djrez4
Established Contributor

Re: Transferring CL from UNITED/SW to Freedom

You'll also have to stop using the card at least 30 days before you want to close it.  Chase won't transfer the limit of an active card and close it if there are potential transactions outstanding.

AMEX: Platinum - NSL | Gold - NSL | BBP - $30k | Everyday - $22k
Chase: CSP - $10k | Freedom UL - $3k
Citi: Costco - $11.2k | Penfed: PCR - $20k | Apple: $13.5k
TU (Vantage): 802 | EX (FICO 8): 833 | EQ (FICO 8): 854
Message 6 of 13
myjourney
Super Contributor

Re: Transferring CL from UNITED/SW to Freedom

http://www.dailymarkets.com/creditcards/southwest-airlines-credit-card/

Never mind its gone sorry

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 7 of 13
MazdaSpeed
Contributor

Re: Transferring CL from UNITED/SW to Freedom


@myjourney wrote:

http://www.dailymarkets.com/creditcards/southwest-airlines-credit-card/


top of the article

 

"This card offer is no longer available!"

fico 747
Message 8 of 13
MazdaSpeed
Contributor

Re: Transferring CL from UNITED/SW to Freedom


@djrez4 wrote:

You'll also have to stop using the card at least 30 days before you want to close it.  Chase won't transfer the limit of an active card and close it if there are potential transactions outstanding.


good to know, thank you!

fico 747
Message 9 of 13
MazdaSpeed
Contributor

Re: Transferring CL from UNITED/SW to Freedom


@myjourney wrote:

http://www.dailymarkets.com/creditcards/southwest-airlines-credit-card/

Never mind its gone sorry


no worries, hopefully it comes back next year!

fico 747
Message 10 of 13
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