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2 Barclaycards into 1??

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endaf
endaf Posts: 90 Forumite
Part of the Furniture 10 Posts Combo Breaker
i have what might be a stupid question or a good one?!
I curently have 2 barclaycards, one with £10000 limit & one with £5000, when i obtained the 2nd card i was told i could transfer some of my limit from the £10000 to the £5000 card.
now my question is- if i transferred the £5000 over to my 1st card, then in a few months close down the 2nd account, would the 1st card still obtain its £15000 new limit?
i hope im explaining my self correctly?!
as always, any help is greatly appreciated.

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If they will let you transfer the limit, then do that and then close the other card.
  • endaf
    endaf Posts: 90 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    ok, i'll see if thats possible. cheers
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    they don't always allow you to move limits. and sometimes, when they do, they reduce the total a little bit. but yes, it can be done. i have merged several cards over the years to build up a substantial limit. MBNA have allowed me to do similar.
  • endaf
    endaf Posts: 90 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Interesting, might give this a go then! why have 2 cards accounts when you can just have one on your credit report?!
    thanks again
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