BOA Platinum Plus Visa - Poor Usage

[GOLF81]

Questions for the forum about my BOA Platinum Plus Visa...

Due to financial hardships (since past) the last few years I've used this card each month but have pretty much paid down and maxed out each month.  Each month it closes around 90% + util.  I've had the card since 08 and it is my oldest TL.  It is set to expire on 11/13.  As of this June I've paid this card down to zero balance and plan to use it and PIF from now on.  I know BOA can be tough sometimes and not renew cards... that's my fear here.

[thom02099]

---

@GOLF81 wrote:

Questions for the forum about my BOA Platinum Plus Visa...

Due to financial hardships (since past) the last few years I've used this card each month but have pretty much paid down and maxed out each month.  Each month it closes around 90% + util.  I've had the card since 08 and it is my oldest TL.  It is set to expire on 11/13.  As of this June I've paid this card down to zero balance and plan to use it and PIF from now on.  I know BOA can be tough sometimes and not renew cards... that's my fear here.

---

During this time period, did you have any lates/baddies with them?  Did you ever carry a balance?   These things could impact BofA's reaction to your history. 

Frankly, based on just the info you've shared here, you're not likely to face a problem with BofA.  Many, many others have done the same thing, run up a balance, paid it off and not lost their cards.  If you've had no negative communications from them, it's likely you'll get a new card in the mail at the appropriate time. 

[GOLF81]

---

@thom02099 wrote:

---

@GOLF81 wrote:

Questions for the forum about my BOA Platinum Plus Visa...

Due to financial hardships (since past) the last few years I've used this card each month but have pretty much paid down and maxed out each month.  Each month it closes around 90% + util.  I've had the card since 08 and it is my oldest TL.  It is set to expire on 11/13.  As of this June I've paid this card down to zero balance and plan to use it and PIF from now on.  I know BOA can be tough sometimes and not renew cards... that's my fear here.

---

During this time period, did you have any lates/baddies with them?  Did you ever carry a balance?   These things could impact BofA's reaction to your history. 

Frankly, based on just the info you've shared here, you're not likely to face a problem with BofA.  Many, many others have done the same thing, run up a balance, paid it off and not lost their cards.  If you've had no negative communications from them, it's likely you'll get a new card in the mail at the appropriate time. 

---

Never any baddies or lates...  However I did let it report over 90% util every month.  It has a CL of $2800 for i would make a payment of say $1000 and them charge back up to the $2800.  As of June I have paid to zero balance and now PIF before each statement cuts. 

[NewtoCredit80]

Well try to keep the reported balance less than 250 till end of November. It will improve your score also. In October apply for a CapOne card also. CapOne provide cards for rebuilders and will diversify your lender base.

[GOLF81]

Thanks!