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Contributor
brianjb
Posts: 157
Registered: ‎08-22-2013
0

Bank of America 1-2-3 card - low limit - recon?

Hi everyone,

 

I was recently approved for a $1K limit on a Bank of America card.  I didn't plan on using it much.  I really just wanted to get rid of some subprime cards.  I recently got 3 AMEX cards (with $22,500 in available), a USAA card and Barclay Apple card.  So the $1K isn't much help.

 

WIll they raise my limit if I ask now (SP or HP), or do they do auto CLI's?  Should I wait a certain period of time before asking.

 

I am in the garden now, for the record.

AMEX TrueEarnings 10K | AMEX BCE 10K | AMEX Hilton Honors 10K | AMEX Hilton Surpass 2K | Bank of America 1-2-3 2K | Barclay Card 2K | Chase Southwest Premier Visa 6K | Chase Marriott Premier Visa 9K | Discover IT Card 1.5K | Merrick Bank 1.4K | Navy Federal Credit Union Visa 10K | Navy Federal Credit Union navCheck 15K | USAA Rewards 7K |+ tons of store cards (GE furniture, Amazon, Lowes, Home Depot, etc)
Total amount of available credit $100K
Scores (as of December 2013) Equifax 714 | Experian 714 | Transunion 727
Short term goal is score 750+ across the board
Long term goal is to have all scores close to 800 or 800+
Valued Contributor
dodgerslv
Posts: 1,757
Registered: ‎06-16-2012
0

Re: Bank of America 1-2-3 card - low limit - recon?


brianjb wrote:

Hi everyone,

 

I was recently approved for a $1K limit on a Bank of America card.  I didn't plan on using it much.  I really just wanted to get rid of some subprime cards.  I recently got 3 AMEX cards (with $22,500 in available), a USAA card and Barclay Apple card.  So the $1K isn't much help.

 

WIll they raise my limit if I ask now (SP or HP), or do they do auto CLI's?  Should I wait a certain period of time before asking.

 

I am in the garden now, for the record.


BofA can be generous. You can always recon your limit but be prepared for a HP. For CLI request they tend to pull TU. If you really really want or need a higher limit then you should give it a shot. If not then just use the card frequently and im sure you will see some auto cli luv soon! Btw, congrats on the approval.


Cards: (Citi x6) (Chase x5) (US Bank x3) (Amex x3) (Barclays x3) (BofA x2) (Cap1 x2) (WF x2) (Penfed x1) (Discover x1) (Sync/GE x4) (Macys x2)
Fico 08 scores (8/27/14) EX: 772 TU: 767 EQ: 778 (Utilization at 8% right now).





Valued Contributor
jsickz32
Posts: 1,987
Registered: ‎06-25-2012
0

Re: Bank of America 1-2-3 card - low limit - recon?

I would just wait for 6 months. If you try right now they will HP you. My BofA amex was approved for 2k and 6 months later i got it to 6k.

Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Contributor
brianjb
Posts: 157
Registered: ‎08-22-2013
0

Re: Bank of America 1-2-3 card - low limit - recon?

Thanks for the info.

 

I don't necessarily need the credit right now.  I was just wondering why they started low to begin with.

 

I will just use the card some, and hopefully it will rise again.

 

I don't want to do anymore HP's for 6 months or so.

AMEX TrueEarnings 10K | AMEX BCE 10K | AMEX Hilton Honors 10K | AMEX Hilton Surpass 2K | Bank of America 1-2-3 2K | Barclay Card 2K | Chase Southwest Premier Visa 6K | Chase Marriott Premier Visa 9K | Discover IT Card 1.5K | Merrick Bank 1.4K | Navy Federal Credit Union Visa 10K | Navy Federal Credit Union navCheck 15K | USAA Rewards 7K |+ tons of store cards (GE furniture, Amazon, Lowes, Home Depot, etc)
Total amount of available credit $100K
Scores (as of December 2013) Equifax 714 | Experian 714 | Transunion 727
Short term goal is score 750+ across the board
Long term goal is to have all scores close to 800 or 800+
Senior Contributor
youngandcreditwrthy
Posts: 6,174
Registered: ‎08-16-2012
0

Re: Bank of America 1-2-3 card - low limit - recon?

I needed the credit for a bt.
Got $3500
Reconned via HP on TU and got it to $10,000
That was on a normal BankAmericard Visa.
Think my TU was 705, then dropped to 691 after :-(
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k

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