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Valued Contributor
nyccc2
Posts: 1,195
Registered: ‎12-13-2007

BOA or Citibank?

Need one more card, planning on apping in december when util goes down.  Prefer Efax, don't mind TU if last baddie drops off. Assuming it does, both will be totally clean mid to high 700s.  Highest line is $10k (Partners First) and $10k (Amex, not reporting yet).   Which would you go for if your goal is line?
MyFico Scores (TU/Exp/Efx):

11/02/08 696 / 695/ 737- 5/4/08: 667 / 703 / 668 - 11/07 Low 500s All (Fako)
Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007

Re: BOA or Citibank?

BofA will almost certainly give you more over the course of the next 2 years without a doubt. In my mind it's not even close.
Senior Contributor
FretlessMayhem
Posts: 3,279
Registered: ‎08-03-2007

Re: BOA or Citibank?

If you're looking for an optimal CL, go BOA. If it's optimal rewards you're after, go Citi.
Here we go again...
Valued Contributor
nyccc2
Posts: 1,195
Registered: ‎12-13-2007

Re: BOA or Citibank?

Thanks, I'll probably do BOA but wait a few weeks. I app'd in September and was declined but offerred Secured.  I didn't take it.

 

Since then I had the Cap1 CO fall of my report and there is a chance the Bally's will fall off as well. If Amex reports the new card and with the old date I'll have the addition of an 'aged' card and a second $10k Limit and lower utilization as I'm paying off everything in December.

 

So the plan is to re-apply with them in December, hope for approval and a limit at least matching high cards ($10k) and then use it each month and PIF and see if I can get it up to $25k ASAP.

 

I'll report back.

MyFico Scores (TU/Exp/Efx):

11/02/08 696 / 695/ 737- 5/4/08: 667 / 703 / 668 - 11/07 Low 500s All (Fako)
Frequent Contributor
ficonovice
Posts: 440
Registered: ‎08-08-2007

Re: BOA or Citibank?

Both are very good. I've had both cards for around 1 year now. BoA initially pulled both EX and EQ, then pulled TU when I activated the card and asked for a CLI (which they denied). Started at $3,500, 30 days later asked for an increase to $10,000 and got it. Since then, I've received a few more increases upon request and now my limit is $19,000. (All pulls have been soft.)

 

Citi has been just about as good to me. They pulled EQ when my score was 690 and gave me a limit of $8,500. Since then I've asked for 3 or 4 CLI's and gotten them all (all soft pulls). Limit is now $15,900.

 

Both cards are very good and will grow with you. I'd just adjust my expectations a little now due to the credit crunch, but it still looks like they're both in the game and somehow find money to offer to good customers with good credit scores...

Rust never sleeps and neither does my fico score...
Valued Contributor
nyccc2
Posts: 1,195
Registered: ‎12-13-2007

Re: BOA or Citibank?


ficonovice wrote:

Both are very good. I've had both cards for around 1 year now. BoA initially pulled both EX and EQ, then pulled TU when I activated the card and asked for a CLI (which they denied). Started at $3,500, 30 days later asked for an increase to $10,000 and got it. Since then, I've received a few more increases upon request and now my limit is $19,000. (All pulls have been soft.)

 

Citi has been just about as good to me. They pulled EQ when my score was 690 and gave me a limit of $8,500. Since then I've asked for 3 or 4 CLI's and gotten them all (all soft pulls). Limit is now $15,900.

 

Both cards are very good and will grow with you. I'd just adjust my expectations a little now due to the credit crunch, but it still looks like they're both in the game and somehow find money to offer to good customers with good credit scores...


 

Hmmm, food for thought. If Citi pulls Efax I'd be in much better shape, that is totally clean, standing at 743 and probably going to get 30-50 point bump in the next few weeks (balances down, add'l 'aged' Amex)

MyFico Scores (TU/Exp/Efx):

11/02/08 696 / 695/ 737- 5/4/08: 667 / 703 / 668 - 11/07 Low 500s All (Fako)
Senior Contributor
FretlessMayhem
Posts: 3,279
Registered: ‎08-03-2007

Re: BOA or Citibank?

Citi is very erratic with who they pull. YMMV.
Here we go again...
Valued Member
Flo
Posts: 42
Registered: ‎02-28-2008

Re: BOA or Citibank?

[ Edited ]
Citi pulled Experian two weeks ago when I applied.
Message Edited by Flo on 11-26-2008 06:52 AM
FICOs April'09 : TU 743, EQ 725, EX:733
FICOs March'09: TU 694, EQ 725, EX 733
Regular Contributor
wcnghj
Posts: 150
Registered: ‎11-09-2008

Re: BOA or Citibank?

BofA told me the report they pull is totally random. Also, CLI's only require a soft pull.
04/2009
TU:745
EQ:764

10/2008
TU: 708
EQ: 708
EX:707
Frequent Contributor
writemikep
Posts: 277
Registered: ‎10-21-2008

Re: BOA or Citibank?

App'd for both of these about a month ago.  Both pulled EX only, BoA gave me $12,000 CL, Citi $7500.

 

 


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