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BOA CLI?

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Dw4250
Valued Contributor

BOA CLI?

A few questions for those who have been successful in recent times with a BOA CLI.  What was your:

 

a). Avg Usage/month?

b). Time since approval/last CLI (3 mos/6 mos/12 mos/etc.)?

c). UTL on both the BOA card and overall UTL at the time of request?

 

Thx!

Message 1 of 21
20 REPLIES 20
Dw4250
Valued Contributor

Re: BOA CLI?

Shameless bump ;-).
Message 2 of 21
09Lexie
Moderator Emerita

Re: BOA CLI?


@Dw4250 wrote:

A few questions for those who have been successful in recent times with a BOA CLI.  What was your:

 

a). Avg Usage/month?

b). Time since approval/last CLI (3 mos/6 mos/12 mos/etc.)?

c). UTL on both the BOA card and overall UTL at the time of request?

 

Thx!


A. Less than $750

B.  Approved Dec 30 req Cli in Mar

C.  Cl was $10K - overall util approx 17%. Cli'd to $25k

 

Important to note I also added the Fid Amex at the same time in Dec. Both approved for $10k

Message 3 of 21
B335is
Moderator Emeritus

Re: BOA CLI?

I was recently approved for my 4th BoA card:

 

1)  Cashrewards approved 01/2012 $2.5k.  Increased to $5k 1/2013 (requested $15k).  Increased to $10k 1/2014 (requested $25k).  Moderate usage, $200/mo until I got the $5k limit, then I would carry balances with their constant 0% offers.

2)  Alaska Airlines approved 9/2013 $5k.  One $300 purchase - ever.

3)  Merrill+ approved 4/2014 $15k.  $2500 balance, taking advantage of 0%

4)  Alaska Airlines (card #2) 6/2014 $5k.  $0 balance.

 

BoA encourages moderate balances, I am paying the Cashrewards and Merrill+ down $500/mo a piece.  They seem to like how I'm using the cards I have since they just approved me for another one.

Message 4 of 21
Kenny
Moderator Emeritus

Re: BOA CLI?


@B335is wrote:

I was recently approved for my 4th BoA card:

 

1)  Cashrewards approved 01/2012 $2.5k.  Increased to $5k 1/2013 (requested $15k).  Increased to $10k 1/2014 (requested $25k).  Moderate usage, $200/mo until I got the $5k limit, then I would carry balances with their constant 0% offers.

2)  Alaska Airlines approved 9/2013 $5k.  One $300 purchase - ever.

3)  Merrill+ approved 4/2014 $15k.  $2500 balance, taking advantage of 0%

4)  Alaska Airlines (card #2) 6/2014 $5k.  $0 balance.

 

BoA encourages moderate balances, I am paying the Cashrewards and Merrill+ down $500/mo a piece.  They seem to like how I'm using the cards I have since they just approved me for another one.


Hey what's up with the 2 AA cards? for the bonus? Just curious! Smiley Happy Nice information regarding the CLI BTW.

Message 5 of 21
eagle2013
Established Contributor

Re: BOA CLI?

November 2013: Approved for Cash Rewards on recon ($1k)

March 2014: Requested CLI to $10k. ( < $500 spend on it). Approved for $3k on recon (unpaid baddie reporting)

March 2014 (two days later): Paid CO reported to TU. Requested another CLi from $3k to $10k. Approved when calling in speaking to an underwriter (asked income, assets, etc.).

May 2014: Apped for Fidelity AMEX - Approved for $5k. FIA reallocated BofA Cash Rewards limit without me knowing. Two days later requested another CLI back to $10k on Cash Rewards and was approved.

Limits - BofA Cash Rewards: $10k

              Fidelity AMEX: $5k. 

 

 

Message 6 of 21
B335is
Moderator Emeritus

Re: BOA CLI?


@KennyRS wrote:

@B335is wrote:

I was recently approved for my 4th BoA card:

 

1)  Cashrewards approved 01/2012 $2.5k.  Increased to $5k 1/2013 (requested $15k).  Increased to $10k 1/2014 (requested $25k).  Moderate usage, $200/mo until I got the $5k limit, then I would carry balances with their constant 0% offers.

2)  Alaska Airlines approved 9/2013 $5k.  One $300 purchase - ever.

3)  Merrill+ approved 4/2014 $15k.  $2500 balance, taking advantage of 0%

4)  Alaska Airlines (card #2) 6/2014 $5k.  $0 balance.

 

BoA encourages moderate balances, I am paying the Cashrewards and Merrill+ down $500/mo a piece.  They seem to like how I'm using the cards I have since they just approved me for another one.


Hey what's up with the 2 AA cards? for the bonus? Just curious! Smiley Happy Nice information regarding the CLI BTW.


Yes, each one has been good for 30k miles!

Message 7 of 21
eddie84
Valued Contributor

Re: BOA CLI?

When I asked for CLI, they'd just move the CL around between all my 3 cards that I have with them. lol  And without asking you first if it's ok to do that. Smiley Mad

Message 8 of 21
Dw4250
Valued Contributor

Re: BOA CLI?

Great information...thanks everyone!  It does seem like you can climb the ladder fairly quick with Bank of America.

 

I've had moderate usage on my BOA Travel Rewards so far (~$500/month; $5000 CL).  But it should get a good workout in Europe later this summer.  I'm trying to garden until next year, but if I can bump it up to >$10K, it may be worth another HP.

 

Some of you mentioned they countered your request...is this pretty common?  Does that mean I should ask for $15K if I want $10K?

Message 9 of 21
B335is
Moderator Emeritus

Re: BOA CLI?

BoA almost always hard pulls for customer initiated CLI and counters if they can. So shoot for the stars.
Message 10 of 21
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