@CreditCuriosity wrote:Usually you got to leave I believe 500 dollars which should be trivial for most Chase card holders and close it out with that limit and rest of limit should be moveable.
Yes, the CSRs will always give different answers, but in practice it's almost always "card gets closed with the last $500." I was told in 2015 that I just needed 3 statements with no activity and I could move everything from my now-closed Slate to my Freedom, but when I called to actually do it a few months later they couldn't move it all. Since I was told differently, I asked for a supervisor. Instead, I got an analyst who interrogated me about every single balance on my reports for about 20 minutes before finally agreeing to move the last $500 over... and I got an unexpected HP for what was essentially a $500 CLI!
For simply swapping around credit lines, it's much easier and can be done with a quick phone call or secure message. The only caveat there is that some cards require minimum credit lines (like $5k for CSP and $10k for CSR), and any Visa Signature cards will be converted to vanilla Visa cards if the credit line is reduced below $5000.
@K-in-Boston wrote:
@CreditCuriosity wrote:Usually you got to leave I believe 500 dollars which should be trivial for most Chase card holders and close it out with that limit and rest of limit should be moveable.
Yes, the CSRs will always give different answers, but in practice it's almost always "card gets closed with the last $500."
My experience as well. They normally require $500 to stay on the donor card.
Moving credit lines is easy with Chase and one reason I like them. Some banks don't allow this at all.
*NOTE* They will not allow you to mix business and personal credit lines. Business can be moved to other business and personal to other personal but you can't intermix the two.
