Regular Contributor
Posts: 163
Registered: ‎07-30-2009

Re: bank of america CLI to 10,000 from 2500

Downgraded my cash rewards visa signature to visa platinum, I want my card to report the credit limits. The customer are executive told me that I can upgrade later when ever I want,. And the cash back rewards are the same on visa platinum as well. . Now I have 3 cards with 5 figure. Thanks for everyone.
Posts: 3,162
Registered: ‎10-19-2012

Re: bank of america CLI to 10,000 from 2500

FinStar wrote:

SRAGS wrote:


 This card will not report the limit on the CR since it is a Visa Signature product.  Only the balance (high credit) on this card will be reported whenever any of the following occur: (a) mid-cycle reporting if any changes occur on your account (i.e. address changes, product changes, etc) and/or (b) if you let any balance report at the end of the statement cycle.


Not entirely correct. The daily high balance will be reported in lieu of the credit limit and will be used in absence of the credit limit for FICO scoring.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+