Other credit card issuers allow you to do this too
@ishice3749 Жыл бұрын
Yeah but chase is better
@andylam4350 Жыл бұрын
I don't think capital one lets you do that though but correct me if I'm wrong.
@JuanSoto-or9xe7 ай бұрын
Capital one say not to me.
@ToboeKey3094 ай бұрын
@andylam4350 amex does it and capital one let's u do it also I just did it last month 🙄
@k.d.6114 Жыл бұрын
Did not know this until the rep told me last year... i was MIND BLOWN😂 -- loved it
@otykeovongsa Жыл бұрын
no cap i just called chase took me 5 mins to do it lol no lie I was skeptical its legit info
@TommyMacTube7 ай бұрын
just say no BS
@Trezn Жыл бұрын
Amex does this lol
@In_ThIs_SAD_Dark_Reality2 жыл бұрын
Bro there are no comments
@Eastside_392 Жыл бұрын
6months later lmao
@XDWellbob3 ай бұрын
@Eastside_392 there literally are NO helpful comments explaining anything
@Erosweb10 ай бұрын
How do you turn credit into cash?
@funnyperson40165 ай бұрын
Buy a bitcoin miner, lol I don’t know
@jakobfour Жыл бұрын
BofA & Wells Fargo do this also
@anandr1385 Жыл бұрын
Are you trying to work for chase?? Many other banks let you do this.
@chrisbruce55336 ай бұрын
What about if you have a credit limit on a business card that’s smaller than your personal card is there a way to get that personal credit limit used up without affecting your utilization score ? I thought I saw someone mention a HACK
@ericolens310 ай бұрын
when i was younger Amazon card wasnt made yet (they had the Merchant card but thats only IN HOUSE purchases like Malls have) but the Amazon Visa can be used anywhere Visa is accepted. ive already done product conversions back when slate was a thing yet after its intro period for balance transfer i changed it into Freedom unlimited. My question is, can I convert and 0 out the card or is that considered "closing an account" personally, I hate the card for usage but I keep it since it was my 1st credit card, so it holds my oldest credit history. I guess knocking it down to $200, its starting balance when it opened would be an ironic ordeal.
@pirella156 ай бұрын
What would be the benefit of transferring credit limits?
@cliffisaac61583 ай бұрын
There are several benefits mainly giving you more purchasing power without a hard inquiry to increase your credit limit on an existing account, and allowing you to earn more rewards on that particular card while still benefiting from the 0% introduction rate for 12 to 21 months on a newly opened account.
@cliffisaac61583 ай бұрын
Typically credit card companies allow you to transfer up to 75% of your avaliable credit to a newer card issued by the same bank.
@richardchase321 Жыл бұрын
Good video and good tips!
@watermelon4738 Жыл бұрын
But why transfer from one card to another card?? I’m confused
@KingdomVisionary Жыл бұрын
Because you can accumulate debt on a 0% APY card, and use that debt to make money interest free.
@manofthepeople21657 ай бұрын
Also you don't want more than 30% utilization. Even your highest utilized card affects your score, so you don't wanna max out the 0% apr card.
@robertnuno-luevano79304 ай бұрын
@@KingdomVisionaryno you don’t accumulate interest or debt on 0%. And no way are you making “money” from credit cards, your simply just increasing your credit limit on the other card.
@jtcintl43739 ай бұрын
Citi also, but they do a hard credit pull
@movieandshowreviewsondeman3134 Жыл бұрын
B of A let’s you do this.
@keenanhenry953 ай бұрын
I called a cs rep last night to request this, and I was told that it can't be done if the cards are on different processor networks (VISA to Mastercard). Does anyone have any anecdotal evidence to suggest otherwise? Thanks
@apexsealcoatings737910 ай бұрын
What do i do with this information? What does it mean, and how does it work?
@346mandy8 ай бұрын
Does this apply to their business credit cards as well?
@cliffisaac61583 ай бұрын
Credit limits can be transferred between personal cards and from personal to business cards, but not from business to personal cards
@jbeezy4509 Жыл бұрын
I tried this and worked like a charm…moved 20K from freedom & Freedom unlimited to my 15months 0% interest freedom flex card and started spending away 😂
@michaelnavarrette1380 Жыл бұрын
What’s credit lime access ? Is it the total amount you can spend ?
@jbeezy4509 Жыл бұрын
Yes
@ericolens310 ай бұрын
*line please check your spelling, your comment was too short to not care about spelling. also if you're careless with spelling, wait until you learn about financial responsibility with a higher credit line. yay! more funds to spend yet the kicker is when 25% interest rate on a HIGHER revolving balance kicks you in the butt.
@jameshorton36922 жыл бұрын
Embarrassing content. You can do this with American Express.
@PrimitiveMLG9 ай бұрын
It’s embarrassing content because another card holder has allowed this??? Interesting logic
@migueldELLO Жыл бұрын
Bro what's really crazy is that hairline
@KingLilCris187 Жыл бұрын
what hair line
@KingLilCris187 Жыл бұрын
seriously asking… It can’t be his head hairline it can’t be his eyebrow hairline, nor his facial hair line…. WHAT HAIRLINE?!?
@ApothecarySong Жыл бұрын
You guys are literally the problem. Be nice.
@jajackboss Жыл бұрын
Bro is giving useful tips You don’t have to do him like that
@Dashikardashian Жыл бұрын
How can I do this but transfer it onto a debit !!!!!! Pls help!!!!!!
@cliffisaac61583 ай бұрын
Chase uses balance transfer checks or cash advance checks to transfer your available credit to a debit card or your checking account.
@WhatWeEating Жыл бұрын
This is good to know if it's legit, why they talkin shit🤣
@ulisesjimenez54098 ай бұрын
Banks just making it easier for customers to owe more credit debt
@irosa7711 ай бұрын
I wonder if this works on chase business card
@TrickyBoa7 ай бұрын
They wouldn’t let me
@joselopezschannel1238 Жыл бұрын
💀💀💀💀💀
@nuggiejewce Жыл бұрын
🤯
@carlitoperes90352 жыл бұрын
Comedy
@reactionreaper2501 Жыл бұрын
Zero comments
@gracegwozdz81852 жыл бұрын
This is so dumb as a doorknob! Credit? Really, something from nothing? Really?!!!!