Bank Of America Credit Card Cancelled...

[Closingracer99]

https://usa.visa.com/visasignature/index.jsp?utm_source=Google&utm_medium=PaidSearch&utm_campaign=Si...

[Closingracer99]

All Benefits Enjoy Your Existing Rewards and Features

Visa Signature is a card that truly does more. All the perks that your Visa Signature card provides are in addition to the points, miles, cash back and other benefits that you earn.

Explore the list of Visa Signature benefits that may be available on your Visa Signature card. Please check with your issuer to see which of the following benefits applies to your card.

Shopping & Security

Cardholder Inquiry Service*** Emergency Card Replacement and
Emergency Cash Disbursement*** Lost/Stolen Card Reporting*** No Pre-Set Spending Limit*^ Purchase Security***^ Warranty Manager Service***^ Year-End Summary Statements Zero Liability**

Travel

Auto Rental Collision Damage Waiver*** Lost Luggage Reimbursement***^ Roadside Dispatch***^ Travel Accident Insurance***^ Travel and Emergency Assistance Services***^

Expand all

[Themanwhocan]

---

@Jonbuck06 wrote:

---

@keithB wrote:

---

@Jonbuck06 wrote:

---

@keithB wrote:

---

@Jonbuck06 wrote:

No that wasn't reported to credit because it was a Title Loan not thru a bank. it was through a pay day loan place and they don't report to credit. But i sued them haha and my car was returned and they cancelled out the rest of that loan.

---

$256k and you had a $25k repo?

---

My Income was only 180k back then i got a raise in January. Long story short i didnt have medical i cut my hand open and needed tendon surgery and it was gonna cost $24k so i needed a emergency loan because they said the surgery had to be done within 7 days or the tendon couldnt be repaired because it broke entirely so they had to cut half way up my arm and pull the tendon all the way back down. I can post a picture if u want but i didnt end up paying the loan because they wronged me.

---

LOL, only $180k?  Okay bro... Well, you got good lines, is BoA doesn't want your business then screw them.   BoA turned me down as well so I feel your pain.  Plenty other creditors out there.

---

Who else is there to get cards with? I have ones with.

Citi Bank Premier - Signature

Capital One Venture - Signature

Discover It

American Express Everyday

Barclays Wyndham Rewards - Signature

Walmart Discover(Turning into a Walmart Mastercard)

Kay Jewelers

and

i cant get ones with

Chase- Charged Off Accounts

Bank Of America - IDK why

Wells Fargo - Identity Theft Problems

So who is left to get cards with?

---

US Bank Cash+

NASA FCU Platinum Cash Rewards Visa   https://www.nasafcu.com/credit-cards/

UN FCU Azure  https://www.unfcu.org/product.aspx?id=385

[Closingracer99]

No preset spending limit is a big one imo. shouldn't have to use it but if you ever need it ...It is there to use . You whould have to PIF the amount over your limit though 

[Closingracer99]

Oh an Barclays 

[ADARPegasus]

Oh yea im going to have to check because i have 3 of them

[Anonymous]

Take note on the BoA Visa Signature that it does NOT report to the three major CB's, from what I have read from many sources on here! 

[ADARPegasus]

No it does report! But it doesnt report the CL

[peaceonearth]

---

@Jonbuck06 wrote:

Ok so i applied for 3 new credit cards in January and got approved for all 3.

Citi Premier Card - $22,000

Discover It Card - $15,000

and the crappy

Bank of America -$500

So Bank of America approves me for a account with a $500 limit...... $500 really??? like ok so anyways i have the card for a month and then i get a call from Bank Of America Credit Services and they tell me i have to much credit and they are closing my account because its to risky even though i used the card 5 times and paid in full 5 times in that month because a credit analysis said if i want a higher limit. I need to over use the card so they know i need a higher limit. So it gets closed and she says to call back in a couple months so i call back this morning, she soft pulls my credit and says i still have to much credit because i have $75000 in credit card limits btw only $3500 of it is being used so my Utilization is very low and my income is $256,000 a year. Like what is going on with Bank Of America?

---

You have cards with 5 digits CLs.,  Your income is 256K then, why bother with a $500 limit credit card? why even use it at the first place?

[jamesdwi]

okay i'm confused as well....

not because of cancelation of cards, or hospital stays, or repos, lawsuits,  etc

its the fact that you went back to BoA,  drop them like a hot potato,

AP for a Chase CSP spend $3k  and get $400 bonus.

AP for AMEX BCP spend $1k get $100 bonus

banks overlook a lot of things when you put down an income of $180k and an obvious high level of credit is apparent on your credit report.