I have multiple cards from some of the major issuers and was thinking I'd try to transfer the limit to one card and close the other. What companies do this, and how long should the cards be open before doing so?
Chase, Amex & Barclay do this easily. Citi and us bank is a ymmv situation .
Just an FYI, Chase did a HP on my TU when I moved my CL around...
In addition to the posts above, Cap 1 used to combine limits. However, it seems that option is not available right now. People have been told by CSRs that the feature will return. But unless things have chnaged recently, there is no definitive date as to if and when it will happen.
I’ve moved limits with Chase (no HP), Amex, and Bank of America without issue. Have never tried with Citi as they’re usually very generous with me anyway. I’ve read on this here forum of Discover allowing such but I think there are some requirements that have to be met. As far as credit unions I’ve been able to move limits around with PenFed and while I’ve never moved any Navy limits around I’ve recently read around these here parts that you can combine with them as well.
I rather just take too cards from one lender & combine into one but i need too no who allows this
Discover allows, i have moved 25k with chase no HP.
EDIT: Discover has to be open 90 Days.
Not sure on Chase.
I have asked at Citibank, NO! HUCA NO!, HUCA NO!
Citi Will do a product change @ 1year. certain conditions apply.