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To my surprise Citi is performing credit line reallocations! Here is some information tho regarding this process:
1. Reallocations can only be done between accounts older than 6 months
2. New account reallocations (reallocation from an existing card older than 6 months to a newly approved card) can only be done after the new account has 1 billing cycle
3. Any reallocation request requires a credit pull (regardless if its for a reallocation to a new account or an other existing account)
4. Reallocation could only be done for up to 10k of the credit limit
5. Reallocations can only be done once every 6 months across any Citi cards (similar concept to the Amex rule).
Hope this information is useful!
@UFGuy2006 wrote:To my surprise Citi is performing credit line reallocations! Here is some information tho regarding this process:
1. Reallocations can only be done between accounts older than 6 months
2. New account reallocations (reallocation from an existing card older than 6 months to a newly approved card) can only be done after the new account has 1 billing cycle
3. Any reallocation request requires a credit pull (regardless if its for a reallocation to a new account or an other existing account)
4. Reallocation could only be done for up to 10k of the credit limit
5. Reallocations can only be done once every 6 months across any Citi cards (similar concept to the Amex rule).
Hope this information is useful!
I wish I transferred my credit line of my forward to my dividend before I cancelled it...oh well...