ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I thought I would share this as I thought it was quite a good experience with a credit card company.
History:
I have very few credit cards <6 and was looking to trim the expensive one from the heard.
Basically I have (soon to be had) a United Explorer Card from Chase (To maintain some 600k of United miles accumulated while w$#r#$&g), as well as a Chase Sapphire (Used for Standing monthly Automatic Payments). My AMEX Cashback is our main CC we use everywhere. Well United as of August last year (2019) has no expiry date anymore on their Mileage Plus Accounts. So paying $95 per year for the card seems unnecessary. However it does (did) have a VERY High credit limit and no international Transaction Fees. So I called them today to see if I could get an increase to the Sapphire and explained my intention was to cancel the other but did not want to loose the high credit limits. We have another card that offers no International Transaction Fees.
This is the good part: In a manner of minutes the representative transferred the whole credit limit from my Explorer Visa to my Sapphire Visa ADDING it to the existing credit limit. So now the Sapphire has a far greater limit. Being I have been known to buy cars and pay off short term loans and mortgages (Not Recently) with a credit card, having a high limit means a lot to me.
So I have $7.92 cents to pay off my explorer card scheduled to be done tomorrow, as I very rarely use it, and it is coming due to pay the annual $95 fee next month, this worked out great.
So no more high fee credit cards for us. Costco notwithstanding, but that is an annual membership so it is OK.
History:
I have very few credit cards <6 and was looking to trim the expensive one from the heard.
Basically I have (soon to be had) a United Explorer Card from Chase (To maintain some 600k of United miles accumulated while w$#r#$&g), as well as a Chase Sapphire (Used for Standing monthly Automatic Payments). My AMEX Cashback is our main CC we use everywhere. Well United as of August last year (2019) has no expiry date anymore on their Mileage Plus Accounts. So paying $95 per year for the card seems unnecessary. However it does (did) have a VERY High credit limit and no international Transaction Fees. So I called them today to see if I could get an increase to the Sapphire and explained my intention was to cancel the other but did not want to loose the high credit limits. We have another card that offers no International Transaction Fees.
This is the good part: In a manner of minutes the representative transferred the whole credit limit from my Explorer Visa to my Sapphire Visa ADDING it to the existing credit limit. So now the Sapphire has a far greater limit. Being I have been known to buy cars and pay off short term loans and mortgages (Not Recently) with a credit card, having a high limit means a lot to me.
So I have $7.92 cents to pay off my explorer card scheduled to be done tomorrow, as I very rarely use it, and it is coming due to pay the annual $95 fee next month, this worked out great.
So no more high fee credit cards for us. Costco notwithstanding, but that is an annual membership so it is OK.