Bank of America Automatic Credit Line Increase

TrueGeminiNC · ‎01-19-2014

Has anyone ever received an automatic credit line increase from Bank of America? I currently have a BOA Platinum Cash Rewards card with a $4K credit limit. I am interested in the Signature Cash Rewards card which requires a min. $5K credit line.

From most of the online posts, it appears as if BOA requires a hard pull for customer initiated credit line increases. Does anyone have any insight as to BOA's automatic credit limt increase process?

I am trying to stay away from hard pulls as I will be applying for a mortgage in the next 3 - 6 months.

negg · ‎01-19-2014

21 months no luv. BofA require HP for any CLI. According to them, it's a federal law they must HP for all CLI. This card will never see daylight.

CSR.........11,900.......Delta Amex $11,200.........Marriott Rewards Premier $8000.......Discover IT $9700......Citi Preferred $8600.......Chase Freedom $10,800.....Barclay(apple) $11,600......BofA $1500.......Capital One $7400......FNO $9800......Barclay(Hawaiian airlines)$11,000......Citi Costco $15,000. June 1st 2013 0 credit cards and 575 fico. Today 117K in credit and 812 fico and ZERO INQUIRIES......ZERO. 2018 goal. 825 fico.

DaveSignal · ‎01-19-2014

My current BoA card was increased following request and HP. I wouldn't count on them doing anything automatically. You should wait until after your mortgage is approved.

EX:694 TU:744 EQ:777

Amex ED $19.5k - BoA Travel Rewards $15k - CSP $5k - SDFCU EMV $15k - NFCU goRewards $20k - Barclays Arrival $6.5k

TrueGeminiNC · ‎01-19-2014

Thanks for the quick responses.

cableguy123 · ‎01-19-2014

My dw has gotten a auto cli from 5k to 7k

gglam12 · ‎01-19-2014

My BOA card gave me a auto cli from 800 to 1.4k. I then requested a CLI to 5k which they approved but that cost me a HP.

Amex BCE 2K - BoA Cash Rewards 5K - Chase Freedom 3.5K - Chase Sapphire Preferred 5k -
Starting score: 643
Current score: 712 (11/22/13)
Goal score: 750+

TrueGeminiNC · ‎01-19-2014

@gglam12 wrote:
My BOA card gave me a auto cli from 800 to 1.4k. I then requested a CLI to 5k which they approved but that cost me a HP.

Do you have other BOA relationships i.e. checking, savings, investment? I bank primarily with Citi. However, I do have a checking, savings and Merrill Edge account with BOA. The combined balances for these accounts is less than 1.5K.

I was wondering if shifting more of my banking to BOA would help my chances of an automatic CLI.

OhioCPA · ‎01-19-2014

I received an auto increase from $6K to $10K about 4 months ago on my BoA Travel Rewards card. My increase was to the day of the one year anniversary of my last increase. It was also after heavy use on the card during the previous month.

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lg8302ch · ‎01-19-2014

BofA gave me auto-clis 1500 - 2500 -3500 -5000 and then it got stuck with auto luv for many years (approx 10 years) so I invested my first HP to 10K two months ago. it is not impossible but I would assume at a certain level it is only with HP.

Fico2Go · ‎01-19-2014

If BOA is this difficult for auto CLI why not app for a new product and transfer the CL to your best product?

Whether it's BoA or any issuer my thinking is if it's going to cost a HP might as well do a new app and transfer the CL.

Discover IT $19,000 == 12/2013
AMEX 12/2013 ---BCP $12,000 === BC $23,000 ----- 04/2014
CHASE SLATE $5,700 === 12/2013
BoA 123 $6000 === 12/2013
Barclay Rewards $1500 == 12/2013