Misc Credit Card Questions

[ydf]

cappy it was on a amex, does amex take it down from the cr when u remove yourself as a AU?

[LoLo]

Anyone had success moving CL from chase personal to biz cc?

[MosheD]

Anyone had success moving CL from chase personal to biz cc?

None after some Huca. I could really use a bigger ink cl, and my freedom is currently 20k+...

[LoLo]

I could really use a bigger ink cl, and my freedom is currently 20k+...

+1, swiping $20-30k monthly with chase and it hurts my util.

[Cappy]

None after some Huca. I could really use a bigger ink cl, and my freedom is currently 20k+...

at least the ink doesn't hurt your credit when maxed.

What's your typical monthly spend on the ink?

[MosheD]

at least the ink doesn't hurt your credit when maxed.

What's your typical monthly spend on the ink?

I'd like to start maxing it out more. Right now only 5k :') so only doing 3-4k, if it was higher I'd do more. Trying to max out 50k office supplies

[D93]

I'd like to start maxing it out more. Right now only 5k :') so only doing 3-4k, if it was higher I'd do more. Trying to max out 50k office supplies

So churn the CL.

[Cappy]

I'd like to start maxing it out more. Right now only 5k :') so only doing 3-4k, if it was higher I'd do more. Trying to max out 50k office supplies

Might be a PITA, but how fast are you liquidating now?

[PillanSmye]

+1, swiping $20-30k monthly with chase and it hurts my util.

Makes no sense.  An Ink+ should do nothing to your utilization.  And at $30K/mo you hit the 5x cap in 6 weeks

If youre running $30k/mo through Freedoms, it's almost all at 1x.  Total waste of time.

Lastly, if you PIF a Chase balance, they re-report the $0 figure.  So again, shouldnt effect your utilization for more than a day or two if you accidentally let a balance report.

[PillanSmye]

Might be a PITA, but how fast are you liquidating now?

[Cappy]

Don't even start with me on this... 

[Cappy]

Makes no sense.  An Ink+ should do nothing to your utilization.  And at $30K/mo you hit the 5x cap in 6 weeks

If youre running $30k/mo through Freedoms, it's almost all at 1x.  Total waste of time.

Lastly, if you PIF a Chase balance, they re-report the $0 figure.  So again, shouldnt effect your utilization for more than a day or two if you accidentally let a balance report.

+1

You could do this on a 2K IP theoretically. I shouldn't be one to talk though. I've never liquidated a GC ever!!! 

[LoLo]

Makes no sense.  An Ink+ should do nothing to your utilization.  And at $30K/mo you hit the 5x cap in 6 weeks

If youre running $30k/mo through Freedoms, it's almost all at 1x.  Total waste of time.

Lastly, if you PIF a Chase balance, they re-report the $0 figure.  So again, shouldnt effect your utilization for more than a day or two if you accidentally let a balance report.

Read again what i was referring to.

I asked if it was possible to move CL from personal to biz cards with chase, as i'm swiping 20-30k monthly on my personal cards because that's where i have my high limits with them.

And it's legit spend, so i don't usually PIF before it's due.

[eli1571]

Anyone had success moving CL from chase personal to biz cc?

I've moved from personal to biz, though never managed reverse direction.

[eli1571]

Being discussed here as well http://forums.dansdeals.com/index.php?topic=9678.msg1311789.msg#1311789

[yochiek93]

Being discussed here as well http://forums.dansdeals.com/index.php?topic=9678.msg1311789.msg#1311789

There it says no to both

[yitrap]

Anyone had success moving CL from chase personal to biz cc?

Yes, I have.
They have a weird way of doing it, iirc they approve a higher limit on the biz and then lower the limit on other card.

[noturbizniss]

I've been told that it's more likely to get approved for wf Visa card onljne if I have a checking account with them,otherwise need to go to branch. I just opened an account online last week and am waiting for the packet in the mail. When would. It be safe to go and open online and get approved? Should I wait until account is fully open? Should I wait for first direct deposit to start?

[PillanSmye]

I've been told that it's more likely to get approved for wf Visa card onljne if I have a checking account with them,otherwise need to go to branch. I just opened an account online last week and am waiting for the packet in the mail. When would. It be safe to go and open online and get approved? Should I wait until account is fully open? Should I wait for first direct deposit to start?

I was suggested to actually do a little banking with them first.  Get some deposits, pay some bills.

It doesn't hurt to go in to a branch if one's near you.  The bankers can clear larger deposits faster, which might come in useful if you're cycling the credit line.

[PillanSmye]

Read again what i was referring to.

I asked if it was possible to move CL from personal to biz cards with chase, as i'm swiping 20-30k monthly on my personal cards because that's where i have my high limits with them.

And it's legit spend, so i don't usually PIF before it's due.

Whats legit spend vs M$ have to do with when you pay your bill? 

Unless you need the float before you actually have the money to pay the balance.

If thats the case, you just need to get AMEX biz cards.  Chase is one of the harder issuers to get biz cards from, AMEX is a walk in the park.  Citi, US bank, FNBO lots of others.  No need to let large business balances hit your personal reports.

You can also shove spend to AMEX personal charge cards, where the reported balances dont affect utilization.