03-19-2009 12:21 PM
03-19-2009 01:25 PM
I had a BoA fully secured card that unsecured and remained at the same 2k limit that I had while secured. As a matter of fact, it stayed that way until I got my credit scores into the mid-600s, and was able to do a product change to a new card. Then, things took off. My limit is now 7k.
I would suggest that you keep using the card, PIFing, and get your scores above 600, then request a product change. I think you'll see a world of difference in what BoA is willing to do for you.
Friendly, Supportive & Respectful
"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli
03-19-2009 02:05 PM
03-19-2009 06:45 PM
03-19-2009 08:31 PM
I had the same problem of no CLI after it unsecured, so I finally spoke to a credit analyst today (after repeated denials from the online requests). He stated that due to high utilization (overall) they couldn't approve a CLI. He stated that BOA likes to see at least 60% available credit for total utilization. Currently I'm at 35% overall availability. Hope this helps. BTW I'm still stuck at the $500 limit - my account was the emerging credit card until January 09 then changed to the World Points Visa.
03-20-2009 09:36 AM
I actually called BofA back after reading some posts on the forum. The CSR told me that the Worldpoints card that I will be receiving is the same one as on the BofA website and I will not be charged an annual fee (like I am with the Platinum Plus card.) The rep also mentioned that I will receive new features, such as rental car insurance.
Here's the link if you want additional card features:
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.