Today is a good day that I've been looking forward to. Finally, I paid off the full balance on my BOA Platinum Visa. It feels good to have a $0 balance.
Question is, how long should I wait to hit that button we all know is staring us in the face? About 2 weeks ago I was carrying almost a $3,000 balance and was declined for an increase. Current CL is $7,200. Is it too soon to try again? Majority rules on this!!
Here's the update!! First, I spoke with a CSR. She told me I was preapproved for a 50K line of credit! I wasn't going to take this but for curiousity sake I asked if they still had to do a credit check. She said, "Nope! I can send this right out to you!" I declined but it's certainly nice to know those funds are available.
Next, I spoke with an analyst using the backdoor #. First, I told him my APR was way too high, especially for how I treat the card. Then, I asked if I can convert to the BOA/Amex Acclerated Reward card. He said yes! I've had my eyes on that card. Next, here's the part we've all been waiting for. I asked for the increase on my $7,200 CL. He asked how much I wanted. I told him whatever they want to give. He came back with $15,500!!! Now that's a whopping increase! Loving Bank of America. What do you guys think of this card? They have me 1.9% for 12 months.
Finally, a HUGE thanks to everyone in this forum and for advising me to call. I was going to hit the button until you guys told me otherwise. This forum is a very valuable place! Thanks again guys.