Good week for credit. Question about combining chase accounts

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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Battery111
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Good week for credit. Question about combining chase accounts

Postby Battery111 » Wed Apr 09, 2014 9:49 pm

Been lurking for a while, but first post. Received an offer and got approved for a USAA AMEX with 8k limit last Friday. So emboldened by that approval I applied for and was approved for an AMEX green card on Saturday. Then on a whim applied for and was approved for a CSP tonight with 5K limit. Pretty happy since I've been wanting to dump my mileage plus card. Not flying united much if at all these days and the mediocre rewards and two free passes no longer justify the annual fee for me. Once I receive my CSP going to call and ask to combine my MP visa and CSP credit lines and close my MP account. Any advice on how chase will react to this request?
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benhollberg
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Postby benhollberg » Wed Apr 09, 2014 10:50 pm

Although I've never done this before I know it can be done and have heard good success stories. I've been told to just be sure to tell them that you want to transfer the credit line before you mention closing the card. So just always be sure to let them know your final intentions before you mention closing cards. Probably call the CSP number also instead of the other card's number.
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takeshi
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Postby takeshi » Thu Apr 10, 2014 8:01 am

Shouldn't be a problem. I've transferred limits among my Chase cards (CSP, Freedom & UMPE) several times. Other postings indicate that they may require you to leave 500 on the card and close it out. Haven't actually closed one myself.

Battery111
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Postby Battery111 » Sun Apr 20, 2014 2:30 pm

So I spoke with chase and it looks like this is no issue, aside from me possibly losing $500 in credit. However, I got to thinking this May not be the best thing. I realized that my MP Explorer is a few years old so by closing it I will likely take a hit on AAoA. However, the AAoA isn't worth the AF for me. So, wondering if I have any hope PC'ing my MP Explorer to a freedom instead. I've looked and haven't really seen a hard answer on whether this is allowed. I can call and ask, and likely will, but I like to go in with the benefit of others' experiences on my side. Thanks for any help.
Citi AAdvantage Executive World Elite MasterCard
AMEX Platinum
AMEX Everyday Preferred
USAA AMEX
Discover IT
Chase Freedom
Chase Sapphire Preferred
NFCU nRewards Visa

MemberSince99
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Postby MemberSince99 » Sun Apr 20, 2014 6:10 pm

Call and ask. Then you should really hit the garden.

Battery111
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Postby Battery111 » Sun Apr 20, 2014 6:45 pm

Thanks Member. I know you're right, and I probably will. I find myself in the position of having three decent rewards cards (CSP, AMEX, AA world MC) and debating which to use. Of course right now all my spend is going on the CSP for the signup bonus, but after that, I'm not sure. Fortunately for me I don't carry a balance, but there is little to be gained from splitting my rewards so much.

Does anyone know how much chase cares if I call the Sapphire CS for questions regarding other cards? I do enjoy knowing I will get an American native English speaker when I call, but not sure if they get perturbed if you take advantage of that for non sapphire business.
Citi AAdvantage Executive World Elite MasterCard
AMEX Platinum
AMEX Everyday Preferred
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Chase Freedom
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CC Deville
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Postby CC Deville » Sun Apr 20, 2014 7:16 pm

Battery111 wrote:So I spoke with chase and it looks like this is no issue, aside from me possibly losing $500 in credit. However, I got to thinking this May not be the best thing. I realized that my MP Explorer is a few years old so by closing it I will likely take a hit on AAoA. However, the AAoA isn't worth the AF for me. So, wondering if I have any hope PC'ing my MP Explorer to a freedom instead. I've looked and haven't really seen a hard answer on whether this is allowed. I can call and ask, and likely will, but I like to go in with the benefit of others' experiences on my side. Thanks for any help.


Closing an account does not hurt your AAoA. Its open date is still factored into your average age of account. Chase does report accounts for 10 years after closure; other banks YMMV. The only thing that would effect your credit is that the closed account's credit line would be removed from the debt to credit ratio-this is a non factor if you simply move the credit line to another card.

The United Airlines card is a cobranded or partner card; therefore, it cannot be product changed to an "in-house" (Slate, Freedom, CS&CSP) card.

You were on the right track before; go ahead and transfer the credit line and then close that account.

Battery111
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Postby Battery111 » Sun Apr 20, 2014 7:30 pm

Thanks Deville. Good to know. Of course I will still ask about doing the PC but I will go in pretty much knowing it's not gonna happen. Then when they say no I will move the CL over and close the account.
Citi AAdvantage Executive World Elite MasterCard
AMEX Platinum
AMEX Everyday Preferred
USAA AMEX
Discover IT
Chase Freedom
Chase Sapphire Preferred
NFCU nRewards Visa

Battery111
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Postby Battery111 » Wed Apr 23, 2014 7:17 pm

Just wanted to close out this thread. As expected I was unable to PC the mileage plus card. But zero issue transferring my credit line over to the CSP minus $500. Been pretty impressed with the CSP customer service so far in the short time I've had this card.
Citi AAdvantage Executive World Elite MasterCard
AMEX Platinum
AMEX Everyday Preferred
USAA AMEX
Discover IT
Chase Freedom
Chase Sapphire Preferred
NFCU nRewards Visa



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