Based on a recent experience which is still ongoing and taking a couple of months to finish:
^ New CC came first, with enough overlap to use the old card. Activation of the new card deactivated the old one.
Originally Posted by
PainCorp
When transferred, what happens to existing purchases, or do we get moved at the end of a billing cycle?
No data here on purchases, card was put in the sock drawer for the transition. The 1st new bill reflected the last payment. There was about an extra week in the preceding period, so the transitional billing period was around 40 days instead of a more typical 29-31. This was communicated up front.
Will our full CL be moved over, or will it be treated as a new app by the new provider and giving credit accordingly?
^ CL came over as is.
Will we get a hard pull?
Haven't seen one, yet, and don't expect to. CSR could not answer this question.
Anything else that someone in my situation, that also plays this game should keep in mind?
The existing account on the CR was closed and listed in various ways as transferred and/or sold. This happened shortly after the first statement came in from the new organization.
The existing tradeline, being closed, will grow no older as far as AoA is concerned, but:
If they backdate, it could be a bonus if the closed card had an AoA greater than your average. There will be one relatively old closed account and a second account just as old that can get older. A reverse effect is possible if the account is 'young.'
Other
If you have any electronic statements/transaction files or other items you want to download, do it now. You may still be able to log into the old web site, but the closed card may no longer be associated with your account, or you may not even be able to log in. In either case, there goes your historical data.
If your card in use for any automatic monthly or other periodic payments, you may want to give it some attention. The same, if you have any credit cards saved on online-commerce sites (including airlines or hotels)