Credit Tips: Credit Card Company Relocates a Credit Line

Posted On: June 5, 2006

Author: ajulius
Posted: Mon Jun 05, 2006 8:06 am
Post subject: American Express reallocation of credit line?

Does American Express do reallocation of credit lines for its regular credit cards (Blue, Clear, Blue Cash, etc….)?

Here is what happened:

Had a higher limit with a higher BT rate that I was paying. Transferred to Amex and according to them it was approved for the lower rate but the credit line was lower.

This was a 2nd account with a different card. I asked the application lady ifi they could reallocate lines and she told me no, and that I would have to call and speak to someone else to see if they could raise the line (which I assume would be another hard credit pull?)

Would be much better if they could just reallocate the lines since I wont be using much on the other account.

Author: EasyRhino
Posted: Mon Jun 05, 2006 10:01 am
Post subject: Credit Card Company Relocates a Credit Line

There’s even a button online to reallocate credit limits, so I would certainly hope it’s possible.

(I only have 1 amex, haven’t tried it personally)

Author: rain
Posted: Mon Jun 05, 2006 10:44 am
Post subject: Credit Card Company Relocates a Credit Line

If both cards are already enrolled in the online records:

1) Login to amex
2) Click on Account services on the left
3) Click on Credit Management on the right

and you can reallocate

Author: ajulius
Posted: Mon Jun 05, 2006 2:10 pm
Post subject: Credit Card Company Relocates a Credit Line

[quote="rain"]If both cards are already enrolled in the online records:

1) Login to amex
2) Click on Account services on the left
3) Click on Credit Management on the right

and you can reallocate[/quote]

I did not get the card yet. I had applied and did a balance transfer. Since I can reallocate online, then this solves the entire problem plus it increases my credit score to boot. Looks like I saved money and got a better overall credit score. Just hope the balance transfer was approved since it says $0 was approved so far. Will wait to see what happens.

Guess the lady didnt know what she was talking about.