Author Topic: Transferring Over Credit Lines  (Read 860 times)

Offline Aeajda1

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Transferring Over Credit Lines
« on: January 20, 2014, 10:43:46 AM »
Can someone explain how to transfer credit lines from one card to another so as not to incur a hit to your credit? If I have a Chase Sapphire card, I clearly cannot transfer the credit to the Chase Ink card as it's a business card. What would I do though if I wanted to cancel the Ink card... Where would I transfer the credit?

Offline raphy781

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Re: Transferring Over Credit Lines
« Reply #1 on: January 20, 2014, 12:18:00 PM »
Can someone explain how to transfer credit lines from one card to another so as not to incur a hit to your credit? If I have a Chase Sapphire card, I clearly cannot transfer the credit to the Chase Ink card as it's a business card. What would I do though if I wanted to cancel the Ink card... Where would I transfer the credit?
The ink is a bussiness card. You can just close it.

Offline Mm4goog

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Re: Transferring Over Credit Lines
« Reply #2 on: January 20, 2014, 01:45:22 PM »
If I transfer my CL of my oldest / first cc to a new card will I still have the credit age of my first card? Or does that only work by downgrading.

Thanks In advance :)

Offline bobzilla

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Re: Transferring Over Credit Lines
« Reply #3 on: January 20, 2014, 01:58:54 PM »

If I transfer my CL of my oldest / first cc to a new card will I still have the credit age of my first card? Or does that only work by downgrading.

Thanks In advance :)

Welcome to the forums Mm4goog,
As long as you dont cancel the card the age continues from the first card

Offline bobzilla

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Re: Transferring Over Credit Lines
« Reply #4 on: January 20, 2014, 04:12:00 PM »
Unless your transfering the whole CL of course

Offline mdrills

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Re: Transferring Over Credit Lines
« Reply #5 on: January 29, 2014, 12:00:06 AM »
If i open a new CC by just having visa transfer over credit from another card will it still be a pull on my credit?

Offline DBK

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Re: Transferring Over Credit Lines
« Reply #6 on: January 29, 2014, 12:03:54 AM »
If i open a new CC by just having visa transfer over credit from another card will it still be a pull on my credit?
Yes any new app will come with a credit pull.

Offline eli1571

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Re: Transferring Over Credit Lines
« Reply #7 on: January 29, 2014, 12:58:52 PM »
Can someone explain how to transfer credit lines from one card to another so as not to incur a hit to your credit? If I have a Chase Sapphire card, I clearly cannot transfer the credit to the Chase Ink card as it's a business card.
wrong can be transfered have done it in the past, transferring from biz to personal is tricky.

Offline Marco Polo

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Re: Transferring Over Credit Lines
« Reply #8 on: January 29, 2014, 02:17:59 PM »
wrong can be transfered have done it in the past, transferring from biz to personal is tricky.
The OP mentioned opening a new CC. Are you aware of a way to open a new CC without any pulls?
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